Nearly 1 in 4 US sellers cut home prices as inventory grows, Zillow report says
A recent report finds that sellers are slashing home prices to appeal to buyers in the market for housing.
Maple Grove City Council approves short-term rental ordinance
The city of Maple Grove passed new rules for homeowners who list their property for short-term rentals like Airbnb or Vrbo.
Limited time tours at renovated Pillsbury Castle
For the last year, work has been ongoing to preserve and restore a historic Minneapolis home. Two local entrepreneurs purchased the Pillsbury Mansion in 2023 and brought in 30 designers to furnish the 10,000 sq ft home. The home will be open for tours from July 12-28, and then the owners will move into the home. For more history on the house and to purchase tickets, visit PillsburyCastle.com
Long battle to get AC units repaired coming to a head in Falcon Heights
The hottest days of the year are coming this weekend, making a bad situation worse for dozens of people living in the Amber Union apartment complex in Falcon Heights.
No AC at Falcon Heights apartment building
Residents at a Falcon Heights apartment building are suffering as their air-conditioning has been broken for months, with no fix ahead of the hottest days of the year. To make matters worse, the windows in the apartment of one resident don't open.
Tenant repeatedly scammed landlords to live rent-free in expensive parts of Silicon Valley
One woman has been able to live in Silicon Valley's most expensive areas rent-free for the past decade- and now, she's been convicted for it.
Diddy's $70M Los Angeles mansion for sale following Homeland Security raid
Sean "Diddy" Combs is reportedly wanting to cut all ties with Los Angeles.
Church renovated into Airbnb for sale in Detroit Lakes
A historic church in Detroit Lakes, transformed into a unique Airbnb and event center, is now on the market.
Minneapolis has one of the worst housing shortages in the US
Minneapolis is one of the top 10 cities in the U.S. with the worst housing shortage, according to a Zillow report.
Housing scam targets Section 8, voucher recipients with fake wait lists
Perpetrators of the fraudulent offers pose as the state agency on Facebook to lure people to apply for nonexistent housing units and vouchers either online or in person.
Twin Cities among smallest average apartment size in US
The Twin Cities was named among the top places with the smallest average apartment sizes in the United States. Here's where they ranked.
Housing affordability is Gen Z's top voting issue, survey finds
Rising housing costs are making it difficult for first-time buyers to secure a home, an issue concerning young voters ahead of November’s election.
Minneapolis average rent reaches record-high after 2.5% rise in April
Rent in Minneapolis rose to a record high in April, making it an outlier when the national average rent continues to drop.
Homes are overvalued in most of the US – and the problem is worse in these 5 states
An overwhelming majority of homes in the U.S. are overvalued as steep mortgage rates and an ongoing housing shortage push the price of real estate even higher.
Housing prices in these states will become 'more affordable,’ Redfin CEO says
The Fed’s handling of rate cuts will play a key role in 2024 housing affordability, but according to one expert, certain U.S. states are already seeing "good" signs.
Chanhassen City Council approves downtown redevelopment plan for movie theater, hotel
Chanhassen prides itself on having a small town feel in the Twin Cities metro. But a new development could bring some big changes to the suburb's downtown.
Average long-term US mortgage rate hovers near 7%
The average 30-year fixed loan was 7.08% this week, according to Bankrate’s latest survey of large lenders. Here’s what a monthly mortgage payment at the current rate would look like.
Minneapolis among best cities for first-time home buyers in 2024: List
A new survey from Zillow puts Minneapolis among the best cities for first-time home buyers for 2024.
Here's how much money Minnesotans need to make to buy a median-priced home
A new study from Bankrate shows that in about half of the states in the U.S. residences need to make six-figures to afford a median-priced home. But how does Minnesota compare?
Baltimore sells $1 houses in effort to combat vacant home crisis
Baltimore, Maryland, city officials approved a program that would sell city-owned vacant homes for next to nothing at $1 for some applicable residents.