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Minnesota Housing News

Your home for everything about homes, whether you rent or own. Have a story or question about housing?
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First Rondo descendent buys home using St. Paul's Inheritance Fund

First Rondo descendent buys home using St. Paul's Inheritance Fund

A young St. Paul man is the first person to buy a home using the city’s Inheritance Fund. The goal of the new program is to rebuild intergenerational wealth for the descendants of people in the historically Black Rondo neighborhood who lost their homes and businesses to Interstate 94 in the 1950s.
by Matt Sepic

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Rochester eviction rates show no sign of slowing

Rochester eviction rates show no sign of slowing

Evictions in Olmsted County are moving faster than housing advocates expected this year. That's putting a strain on emergency services available to people facing eviction. The city is a microcosm of a trend playing out statewide.
by Catharine Richert

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Stearns County board rejects proposal to help property owners get rid of racial covenants

Stearns County board rejects proposal to help property owners get rid of racial covenants

The proposal stemmed from research conducted last spring by students at the College of St. Benedict and St. John’s University, who uncovered dozens of discriminatory covenants in Stearns County. The measure failed after some board members seemed confused about what it would do, and questioned whether it’s needed.
by Kirsti Marohn

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Housing prices around Twin Cities stay flat

Housing prices around Twin Cities stay flat

Housing prices in the Twin Cities were flat in July, according to newly released data, and the numbers of homes listed and sold were lower compared to the same month in 2022. 
by Matt Mikus

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Fresh rights for Minnesota renters: Here’s a guide.

Fresh rights for Minnesota renters: Here’s a guide.

Newly passed legislation evens the playing field between landlords and tenants, housing advocates say.

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Mortgage rates just hit their highest since 2002

Mortgage rates just hit their highest since 2002

The average cost of a 30-year fixed-rate mortgage jumped to 7.09 percent this week, the highest in over two decades. Rising interest rates have put homes out of reach for many would-be buyers.
by Scott Horsley

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Minneapolis increases affordable housing funding by $4 million

Minneapolis increases affordable housing funding by $4 million

Mayor Jacob Frey announced Thursday that the city has agreed to give the Minneapolis Public Housing Authority (MPHA) $5 million annually for property improvements and expansions — an increase over current annual amount of $1 million.  
by Estelle Timar-Wilcox

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