Today's housing digest. Be sure to click on the link, if you want more details. And have a good weekend.
Friday's housing news
Today's digest includes a report about homelessness, mortgage rates and a prediction about the 2012 housing market.
By buchtjd
June 15, 2012 at 5:47PM
- 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.