Minnesota Housing Chief Tapped For New Federal Reserve PanelA Minnesota agency commissioner will have a voice on a new advisory council of the powerful Federal Reserve Board. Minnesota Housing Finance Agency Commissioner Mary Tingerthal was appointed Tuesday to a 15-member panel that will offer input on how federal monetary policy affects the needs of low- and middle-income consumers.
Study: Americans Waiting Longer Than Ever To Buy First HomesYounger Americans are waiting longer than ever to buy a home for the first time. The real estate firm Zillow crunched the numbers and found the typical first-timer rents for about 6 years before buying a home. That's up from 2.6 years in the early 1970s.
Housing Vouchers Could Help Reduce Homelessness In US, Study FindsA new government study suggests housing vouchers could help reduce homelessness in the U.S. The United States Department for Housing and Urban Development examined homeless families at emergency shelters in 12 cities.
Real Estate Wednesday: Short & Sweet Version Of 'Artisan Home Tour'On this real estate Wednesday, WCCO This Morning's Ali Lucia showcases a shorter version of the Artisan Home Tour, which is in its second year.
Housing Unit Growth In North Dakota Unsurpassed In NationThe recent energy boom in western North Dakota has fueled a growth in housing units unsurpassed in the nation. A new Census Bureau report shows that North Dakota had the fastest rate of growth in housing units in the country between 2010 and 2014, and also between 2013 and 2014.
Survey: MN 2nd Least Affordable Midwestern State For RentA new report says minimum wage workers do not make enough money to find affordable rent in Minnesota. According to the "Out of Reach 2015" report, Minnesota is the second least-affordable state in the Midwest.
Edina Approves Controversial Youth Housing ProjectThe city of Edina was expected to decide Wednesday night if it will fund a controversial multi-million dollar housing project.
Zillow: Rental Prices Fall In Twin CitiesThe Twin Cities rental market continues to buck a national trend. Zillow just released a new report for March. The website, which tracks real estate information, said nationwide home rental prices shot up 3.7 percent last month from a year ago.
Minnesota May Boost Cash Grants For Low-Income FamiliesMinnesota's cash grant for low-income families could increase for the first time in nearly 30 years. A family of three receives about $532 per month. Democratic Gov. Mark Dayton and some lawmakers in both parties want to increase the grants by $100 to help the nearly 33,000 families in the program deal with rising housing and transportation costs.
Twin Cities Rents Drop Amid Nationwide SpikeRent prices around the country are spiking, but renters in the Twin Cities saw a slight drop last month, according to a new report by the real estate website Zillow.
Wages Creep Up Slowly, Housing Market Does TooMinnesota's economy is headed in the right direction but many people may not be feeling it in their paychecks yet. That's one takeaway from a report released Thursday. The budget forecast shows state government on pace for a $1 billion surplus.
House Hunters Eagerly Await Spring Real Estate RushEven with warmer weather in the forecast and the spring home-buying season fast approaching, the Twin Cities remains a strong seller's market. Inventory remains at a 10-year low. Last month, there were 13,086 homes for sale, down 4.1 percent from a year ago.