With the dream of home ownership out of reach for many Americans, President Donald Trump has floated the idea of a longer mortgage than the usual 30-year fixed-rate one.
More from Real Estate
Consumer anxiety hastens winter chill for Twin Cities housing market
Sales are on pace to outpace last year, but purchase orders were down in October and homes were on the market longer.
November 19, 2025
High mortgage rates halve number of working-class homebuyers in the Twin Cities
A new study from the Federal Reserve Bank of Minneapolis found a more than 60% drop in homebuyers with modest budgets from 2021-24. Meanwhile, sales of more expensive homes rose.
November 18, 2025
Developer buys Washington Square office building in downtown Minneapolis with plans to convert it
Repurposing the property at 20 Washington Av. S. could bring new life to a key intersection.
November 18, 2025
Editor's Pick
The rise and fall of the family real estate business that dominated downtown St. Paul
After a decade of aggressive acquisitions, the pandemic sank Madison Equities, dragging the city down with it.
November 14, 2025
Editor's Pick
St. Louis Park’s West End bucks the trend with one of area’s lowest vacancy rates
A new generation of investment has added restaurants, renovations.
November 12, 2025
Eden Prairie’s most expensive house for sale is a $5.3M estate with its own ski hill
The south metro suburb, where there are dozens of $1 million-plus listings, is a go-to for luxury homebuyers who want to be close to corporate HQs along I-494 and the airport.
November 7, 2025
Editor's Pick
In Minnesota, it now takes a six-figure income to buy a home
House prices in the state are rising faster than incomes, making homeownership — long a marker of middle class status — out of reach for many.
November 3, 2025
Golden Valley home by ‘Not So Big House’ architect Sarah Susanka lists at $1.2M
The 1990-built Tyrol Hills home features hallmark design principles popularized in the bestselling 1998 book.
October 31, 2025
One architect’s vision for a transformative new NBA arena in downtown Minneapolis
Designers from Gensler built a conceptual model for a new arena in the Warehouse District to spark conversation and encourage visionary thinking for what the next Timberwolves/Lynx home could be.
October 30, 2025
Cabin north of Duluth combines cozy ease with ‘wow’ factor lake views
The October Home of the Month employs Frank Lloyd Wright’s concept of compression and release to increase drama without sacrificing function.
October 24, 2025
Editor's Pick
Is Duluth at a vacation rental ‘tipping point’?
About 180 permits are in effect citywide, but several hundred more short-term rentals can be found in Duluth online.
October 19, 2025
More Twin Cities retirees are renting instead of owning homes
People over age 65 account for 15% of Twin Cities renters, up nearly 27% since 2013.
October 18, 2025
