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Clay County Deputy Dave Johnson and Bonnie Olson of Wells Fargo Bank go over paperwork last week during a foreclosure sale at the Clay County Law Enforcement Center. (David Samson/The Forum)

Fargo-Moorhead area sees flurry of foreclosures

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Cass and Clay counties held a record or near-record number of mortgage foreclosure sales in 2008, and local observers say the outlook isn't much better for 2009.


The numbers suggest that while the mortgage crisis may not have hit the Fargo-Moorhead area as hard as other parts of the country, high-risk mortgages and hard economic times are taking a toll on local property owners.

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