Kenley Johnson watched as her brother Benton Johnson shoveled outside her house in the Columbia Park neighborhood of Minneapolis, one of the most affo

Twin Cities homebuyers flocked to these neighborhoods in 2021

The most dynamic neighborhood in Minneapolis for home buyers last year was in the northeast corner of the city, according to the Star Tribune's Hot Housing Index.

Where buyers have best odds in Twin Cities area housing market

February 12, 2022
Jessica Lee was renting a small apartment in Minneapolis, but with mortgage rates near historic lows, she realized it would be cheaper to buy. She is
These communities had the most listings, lowest price increases and least amount of competition, according to a Star Tribune list of the best markets for home buyers.
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Exurbs rise to the top in ranking of Twin Cities area's hottest housing markets

January 28, 2022
A line of several home shoppers and their real estate agents formed as they waited to view a home for sale in March 2021.
Space and lower prices helped cities on the edge climb to the top of the Star Tribune's latest Hot Housing Index.
Minneapolis
January 28
A long vacant apartment building at 628 E. Franklin Ave. was under construction in Minneapolis on Wednesday.

Decades-vacant Minneapolis apartment building finally being rehabbed

HOPE Community and City of Lakes Community Land Trust are renovating a neighborhood eyesore into affordable condos.
Business
January 26

US home sellers get while the gettin's good

Homeowners who held off on selling their home in 2022 as the housing market slowed missed out on a windfall and may have to settle for slimmer profits if they opt to sell this year.
Local
January 22
Apartment evictions spiked in 2022 across Minnesota.

State's eviction filings soared in 2022, continue into new year

Eviction filings remained higher than pre-pandemic levels throughout the last six months of 2022, leaping again in December and showing no signs of letting up in January — a time of year when filings usually drop.
East Metro
January 21
A sign at the intersection of Radio Drive and Dale Road marks the spot where home builder D.R. Horton plans to build a 112-home, 70-attached townhome

Red-hot housing market not all good for Woodbury, residents say

Suburb will likely hit its expected 2040 population of 87,800 residents more than a decade early.
Business
January 17

China's economic growth falls to 3%, gradually reviving

China's economic growth fell to its second-lowest level in at least four decades last year under pressure from anti-virus controls and a real estate slump, but activity is reviving after restrictions that kept millions of people at home and sparked protests were lifted.
Minneapolis
January 12
A HavenBrook property on 36th Avenue and Humboldt Avenue North

Minneapolis imposes lengthy conditions on troubled corporate landlord

Hedge fund-owned Front Yard Residential, managed locally by HavenBrook Homes, must submit to additional regulations to keep its rental licenses.
Minneapolis
December 13, 2022
A working group of Minneapolis landlords and tenants on Tuesday voted to limit rent increases to 3 percent annually with few exceptions.

Minneapolis panel backs 3% rent control, issue headed to City Council

A sizable minority of the Housing/Rent Stabilization Work Group backed a softer measure also poised to head to council.
Housing
November 21, 2022
Real estate investors sold Somali families on a fast track to homeownership in Minnesota. The buyers risk losing everything.

Real estate investors sold Somali families on a fast track to homeownership in Minnesota. The buyers risk losing everything.

For Somali Muslim families in Minnesota, a contract for deed seems like an easier path to homeownership. But predatory practices and poor regulation can make it a financial trap rather than a good deal.
Business
November 15, 2022
Realtor Nene Matey-Keke (left), showing a house to his client, Arlisa Bullock who has looked at about 40 homes since August.

Twin Cities housing market slows even more, and buyers gained a slight edge last month

Sellers outnumbered buyers around the metro area, but the median price is still rising.
Minneapolis
October 13, 2022
In 2018, a Planning Commission meeting attracted a crowd with signs for and against the 2040 Plan.

Minneapolis asks Appeals Court to reverse ruling that halted its 2040 Plan

Case raises question about whether development plan can be challenged under the Minnesota Environmental Rights Act.

Housing and Real Estate

Housing and real estate news in Minneapolis, St. Paul, suburban Twin Cities and Minnesota, plus rental information, foreclosure listings and real estate classified advertising.