Good Question: How Can The Real Estate Market Shift To Help Twin Cities Homebuyers?Of all the things for sale in the Twin Cities, nothing might be more in demand than a home. And that's made for a stressful market for buyers.
Supreme Court Won't Hear Appeal To Require Fire Sprinklers In New MN HomesFire officials hoping to make Minnesotans safer by requiring sprinklers in new homes were delivered a blow this week. The Minnesota Supreme Court decided not to review a decision made by a lower court regarding those sprinklers being part of the Minnesota State Building Code.
A Glimpse At The Homes By Architects TourThis weekend is the 8th annual Homes By Architects Tour in Minnesota. It features 20 new and remodeled homes all over the metro. You can see firsthand how working with an architect can transform an ordinary living space.
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.
Tiny Homes Keep Seniors Close To Family, Away From Assisted LivingThe latest trend in home building lives up to the motto that less is more. Tiny homes are popping up all over the United States. The small houses are usually around 200 square feet and include all the necessities of a standard-size home.
This Wisconsin Home Is Fit For A Hobbit!If you want to live like a hobbit, here's a unique opportunity. A whimsical 5,000-square-foot home is on the market in Door County, Wisconsin. It's built into a hillside in the woods, and is made mostly of woven steel mesh and concrete.
With Bitter Cold’s Return Comes Frozen Water PipesA sudden cold snap hitting Minnesota is all it takes to get the phones ringing at local plumbers. That's because they're the experts when it comes to thawing -- and repairing -- frozen water and drain pipes.
Good Question: How Do Assessors Determine Our Homes’ Worth?Earlier this week, cities and counties began sending out 2015 proposed property tax notices, including the estimated market value of your home. In Ramsey County, the assessments increased by an average of 10.4 percent. In Hennepin County, there was an average increase of 8.4 percent and in Anoka County, the average jump was 18.7 percent. So, how do cities and counties figure out how much our homes are worth?
Living In A Show House: A Little Less Privacy, A Lot More Luxury We've all heard about staging homes--bringing in special furniture to make the house more attractive and marketable. But some upscale homes add people to the equation, and if you're willing to think outside the box, it's an opportunity to live a luxury lifestyle at a fraction of the cost.
Good Question: Why Are We Waiting Longer To Buy Homes?Studies show that more Americans are waiting longer to get married, have kids and buy homes. The highest numbers of those putting off the big commitments are millennials -- those in the 20- to 35-year-old range.
3 Homes Hit By Lightning In LakevilleAuthorities said as many as eight people are displaced from three homes after they were all hit by lightning just south of the Twin Cities Thursday morning.
Mpls. Considers Allowing ‘Granny Flats’ In Residential Areas The Minneapolis City Council discussed the possibility of allowing Accessory Dwelling Units (ADUs) in residential areas on Friday. ADUs, sometimes referred to as "granny flats" or "mother-in-law apartments," are smaller dwellings that are connected to existing home or situated on the same grounds.
Lawmakers To Vote On Mandatory Home Fire SprinklersDozens of firefighters from across Minnesota arrived at the State Capitol on Wednesday to talk about the importance of fire sprinklers. According to fire crews, a deadly fire last weekend could have been prevented if the home had fire sprinklers.
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.
Tail End Of Winter Was Harsh For House HuntersIt's been a frustrating early spring real estate market for house hunters in the Twin Cities. Minnesota Association of Realtors Executive Director Chris Galler says there's usually more for sale by this time in March.