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Wayzata is a premier suburb located 11 miles west of downtown Minneapolis. With a population of 4,500 people, Wayzata is a tight-knit community which is known for its vibrant downtown and picturesque setting on Lake Minnetonka. A popular destination for visitors, Wayzata’s downtown is home to a number of specialty shops, boutiques, professional services, and restaurants.

Friday, August 15, 2008

Real Estate: Wayzata among the cities with the lowest rate of foreclures

The Pioneer Press is reporting that Wayzata is one of the cities in the metro with the lowest share of lender-mediated homes for sale at 4.8%. Other cities which have a small ratio include: Mendota Heights/Lilydale, 7.9 percent; Arden Hills/Shoreview, 9 percent; Edina, 5.3 percent; and North Oaks, 3.4 percent.

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