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Real Estate

Stories related to real estate.

US mortgage rates rise above 7% for the first time since 2002

US mortgage rates rise above 7% for the first time since 2002

The monthly payment on a median priced home is 78% higher now than it was a year ago for buyers who are able to make a 20% down payment.

October 27, 2022 9:20am CDT
US housing recession could send home prices tumbling 20%, economist says

US housing recession could send home prices tumbling 20%, economist says

Home prices have already declined 5% from their May peak.

September 25, 2022 10:45am CDT
These are the top 10 U.S. cities with the biggest homes

These are the top 10 U.S. cities with the biggest homes

A new housing report finds that cities with stable job markets and a low cost of living factor into homebuyers' demand for bigger homes.

September 23, 2022 2:29pm CDT
Launch of futuristic, floating luxury homes goes sideways

Launch of futuristic, floating luxury homes goes sideways

Developers had planned to begin offering the floating, eco-friendly homes for sale next year.

September 23, 2022 9:14am CDT
Prudential Financial joins Dayton’s Project in downtown Minneapolis

Prudential Financial joins Dayton’s Project in downtown Minneapolis

The 12-story building on Nicollet Mall that was once home to the iconic Dayton's department store for decades has announced a new tenant to occupy its spaces.

September 20, 2022 5:03pm CDT
Redfin predicts sharpest turn in housing market since 2008 crash

Redfin predicts sharpest turn in housing market since 2008 crash

After two years of record high sales, data shows the housing market is starting to cool down.

September 16, 2022 10:07am CDT
St. Paul City Council approves amendments to proposal to alter rent control law

St. Paul City Council approves amendments to proposal to alter rent control law

Less than a year after voters approved rent control measures, the St. Paul City Council approved exemptions Wednesday that will allow landlords to "bank" increases, and offer 20-year exemptions to new construction.

September 14, 2022 5:28pm CDT
St. Paul neighbors say luxury apartment building would be so close they 'could pass sugar to them'

St. Paul neighbors say luxury apartment building would be so close they 'could pass sugar to them'

As a developer moves forward with plans that could change the landscape of one St. Paul neighborhood, a group of St. Paul residents feel like their voices aren't being heard.

September 13, 2022 9:54pm CDT
Cannon Falls home features cave
video

Cannon Falls home features cave

September 13, 2022 9:51pm CDT
Here are the top 20 cities for Generation Z in 2022

Here are the top 20 cities for Generation Z in 2022

A recent real estate study finds that the most appealing destinations for Gen Zers are based in the Northeast, Midwest, and Southwest.

September 9, 2022 4:19pm CDT
Rising sea levels to flood nearly 650,000 oceanfront properties across US by 2050, study finds

Rising sea levels to flood nearly 650,000 oceanfront properties across US by 2050, study finds

The effects will strain the pocketbooks of not only the property owners, but also the cities and counties who rely on those property taxes.

September 8, 2022 4:12pm CDT
Bank of America tests no-down-payment mortgages for homebuyers in Black, Latino neighborhoods

Bank of America tests no-down-payment mortgages for homebuyers in Black, Latino neighborhoods

The program – called the Community Affordable Loan Solution – will be available to people in certain predominantly Black and Hispanic neighborhoods.

September 2, 2022 8:44am CDT
Homebuyers are taking back their bargaining power, survey shows

Homebuyers are taking back their bargaining power, survey shows

Approximately 92% of homeowners accepted 'some buyer-friendly terms' when selling their home last month.

August 31, 2022 8:45am CDT
Cooling housing market: Idaho, Colorado, Utah sellers drop prices in July

Cooling housing market: Idaho, Colorado, Utah sellers drop prices in July

Here are the top 10 U.S. cities that had the highest share of sellers who dropped their asking prices in July as more buyers backed out of the market.

August 23, 2022 5:40am CDT
Severe US housing downturn 'possible,' with prices falling 10%-15% over multi-year period, report says

Severe US housing downturn 'possible,' with prices falling 10%-15% over multi-year period, report says

In the case of “a more pronounced” U.S. housing downturn, Fitch analysts predicted that home prices could fall 10% to 15% in the next few years.

August 17, 2022 11:47am CDT
Here are the 10 'hottest' ZIP codes for home buyers in America

Here are the 10 'hottest' ZIP codes for home buyers in America

Many of 2022’s “hottest” ZIP codes are in the U.S. northeast, while the Midwest and South each managed to snag a spot, according to the report. Did yours make the list?

August 16, 2022 12:15pm CDT
Famous or frivolous? Kris Lindahl sues RE/MAX realtor over ‘arms outstretched’ pose

Famous or frivolous? Kris Lindahl sues RE/MAX realtor over ‘arms outstretched’ pose

Known throughout the Twin Cities for a distinctive pose he’s trying to trademark, Kris Lindahl Real Estate is now suing another real estate broker for striking a pose that’s too similar.

August 15, 2022 10:18pm CDT
Kris Lindahl Real Estate files lawsuit against Canadian realtor
video

Kris Lindahl Real Estate files lawsuit against Canadian realtor

August 15, 2022 9:52pm CDT
Median U.S. home price exceeds $400K for 1st time, report finds

Median U.S. home price exceeds $400K for 1st time, report finds

Home prices are continuing to climb, based on newly released data from the National Association of Realtors. Here are some of the most expensive cities to live.

August 12, 2022 3:00pm CDT
This is the salary you need to afford a home in Minnesota

This is the salary you need to afford a home in Minnesota

The salary need to buy a home in Minnesota is slightly less than the national average, according to a new report.

August 9, 2022 1:41pm CDT
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Trump targeting Somali community: How many Somalis live in Minneapolis?

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DHS claims half of visas in Minnesota are fraudulent, total number not shared

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