The Skinny Blog

Policy

Brooklyn Center Tables Rental Density Ordinance On Monday, April 25, the City of Brooklyn Center held a second reading and public hearing on proposed amendments to Brooklyn Center City Code Chapter 12, Section 12-901. The proposed changes titled ‘Limiting the Density of Rental Housing’ include the addition of Section 12-901.10 which reads: Limitation of rental
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On Monday, March 28, 2016, the City of Brooklyn Center introduced an ordinance that would limit the number of rental licenses issued for single family homes throughout the city. The proposal would cap the number of available rental licenses to 30 percent of the single family homes per block in R1 and R2 zoning districts.
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            Following the ebbs and flows of the housing market itself, the mortgage finance marketplace has also transformed over the last decade. First, some scene setting. Each trendline above represents the percentage of closed sales in the Twin Cities 13-County MSA that utilized a particular form of mortgage financing, by
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Despite slumping housing prices in pretty much every neighborhood of the Twin Cities, the assessed home value on homeowners' property tax statements aren't decreasing at the same rate and, quite commonly, are actually increasing. So what gives? Is this just government greed? Or is there a legitimate reason for the increases? The answer, as usual, lies somewhere
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Like Adam West as Batman, the market for home sales in the Twin Cities went POW! during the week ending August 30. For the week, there were 965 purchase agreements signed—a whopping increase of 51.3 percent from the same week last year. That’s the highest year-over-year increase in pending sales since we began tracking that
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A fair warning: we’re all going to hear A LOT in the media and blogosphere in the weeks ahead about the recently passed congressional housing legislation. And it’s not because Americans have suddenly turned into staunch economic policy wonks. In part it’s because the public is hankering for some sort of action from their elected
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If you listened to 89.3 The Current anytime in April or May, you likely heard this: "Everyone knows the mortgage market is in crisis and that it’s dragging down the rest of the economy. But what caused it? How can we get out of it? And how can homeowners and potential buyers in Minnesota protect
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The City of Minneapolis is tired of sitting back while foreclosures pockmark the visage of parts of their fair city. Fearing neighborhood degredation, they’re trying to spur some of the kinds of redevelopment that city councils and neighborhood groups always love. Basically, anything but rental conversions. Thus enters the Minneapolis Advantage Loan Program, a downpayment
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