Monday, March 22, 2010

MHP Releases 4th Qtr "2x4" Report

The Minnesota Housing Partnership has recently released its Fourth Quarter 2009  "2 x 4 Report" that studies two indicators for each of four key housing areas:

  • the home ownership market,
  • the rental market,
  • homelessness, and
  • the housing industry.
The report is a great resource for housing information, and is designed to provide a concise, easy-to-digest, graphic overview of the state of housing in the state of Minnesota.

The complete report is available here.

The press release for the report is here.

Focusing on the "Owners' Market" segment of their report shows a market that is still struggling to hold ground:

  • 8% of first mortgage holders were 60+ days late on their mortgage payments,
  • Sheriff's Sales remained high at about 6,000
The "2x4 Report" has also begun tracking the number of Pre-Foreclosure Notices that the Center's network receives.  (FYI: We'll be updating our numbers soon.)

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