Today's housing digest. Be sure to click on the link, if you want more details. And have a good weekend.
- The number of homeless families in Hennepin County contracted shelters grew by 45 percent compared to just one year ago, according to a new report (click here to see the full report) from the Minnesota Housing Partnership's 2 by 4 Report.
- The latest on mortgage rates? The 30-year FRM fell, while the 15-year FRM rose slightly. Details here
- The Harvard Center for Joint Housing Studies 2012 State of the Nation's Housing Report offers encouraging news about the housing market. It says that prices "may well find a bottom this year," and that construction activity will pick up in a meaningful way next year. At the same time there were 5.1 million new renters during the 2000s, making it the biggest postwar expansion.
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The new JW Marriott at the Mall of America opened Monday, just in time for holiday shopping. It is the first location in Minnesota for the luxury brand and the 25th location in the United States.
The Soo Line Building turned 100 this year and its owners are throwing a party to celebrate the structure's place in Minneapolis history.
You'll pay $1.384 million for the average four-bedroom, two-bathroom house in Orono.
Graves Hospitality wants to build a 9-story hotel in the Uptown, a first for the Minneapolis neighborhood.
Apartments continue to dominate construction in the Twin Cities