The Skinny Blog


 

            The Southwest Journal recently reported about rent increases in several Lyndale Neighborhood multi-family buildings. That strikes us as a good time to take the pulse of the owner-occupied or homeownership market. Lyndale neighborhood prices have risen, as have those in Powderhorn and the entire city. Lyndale prices are hovering
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2016 MAAR Grant Recipient: Minnesota Adult and Teen Challenge “I wouldn’t be sitting here right now if it weren’t for Teen Challenge,” says Christine, a graduate of the Minnesota Adult and Teen Challenge (MnTC) addiction recovery program. Now an employee of the organization, Christine reflects on her first days at MnTC, “By the time you
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Pending home sales rose 1.6 percent compared to last year and reached their highest level for any October since 2004. Sellers listed 5,249 for-sale properties on the market, 9.5 percent fewer than last October. Closed sales increased 0.8 percent to 4,791. That closed sales figure is between 2004 and 2005 levels. Although home prices have
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For quite some time, NAR’s reports have shown that homeowners tend to stay in their homes for 5-7 years. Based on the data from NAR’s most recent Profile of Home Buyers and Sellers report, that was true up until 2008. By 2011–just after the seismic shifts that rocked the market–owner tenure rose to 9 years and
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Even though it’s in Wisconsin, Hudson is a beautiful year-round destination for Twin Citizens. With a present-day population of about 13,000 people, the area first developed around 1840 along with the sawmills that dotted the St. Croix Valley. As the chart above indicates, Hudson accounts for about 40.0 percent of sales activity in St. Croix County.
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Since the beginning of 2003 (chart above starts at 2005), there have been more homes for sale in Minneapolis priced under $250,000 than in St. Paul. And then one cold winter morning that was no longer the case. Starting in February 2016 and every month since, there have been more homes priced under $250,000 for
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