Minnesota

The creation of new houses in Rochester, Minn., is on the decline.

The housing market in the Twin Cities metro last month was a little less intense than it was last year at this time, with demand for the least-expensive houses still outpacing more expensive ones.

It was the most robust August in at least five years for Twin Cities homebuilders.

Home price gains in the Twin Cities metro have outpaced the national average for much of the year, but those gains have cooled in recent months.

A healthy gain in home sales in the Twin Cities metro last month helped push prices to a new high.

There's a silver lining to the recent economic turbulence: Mortgage rates have tumbled in recent weeks, triggering a rush to refinance and a race to the closing table for many Twin Citians.

Increasingly, it's becoming a tale of two housing markets in the Twin Cities.

Rising prices and a shortage of starter homes hobbled home sales in the Twin Cities last month.

It's been a dreary spring for many homebuilders in the Twin Cities.

A shortage of starter houses is choking home sales in the Twin Cities, making it a less-than-stellar spring for first-time home buyers in the Twin Cities.

Ditech, a home loan company, will lay off what remains of its 210 employees in downtown St. Paul, Minn., and consolidate its mortgage servicing operations in other locations.

Homebuilders in the Twin Cities metro had their sleepiest March in four years with single-family and multifamily construction falling sharply.

During February, sellers listed just 4,355 properties across the metro, 14% fewer than last February, according to the Minneapolis Area Realtors.

Minneapolis' offering of affordable starter homes and inflated supply of below-median-priced options made it the housing market with the highest low-income ownership rate, according to Redfin.

House listings in the Twin Cities are on the rise, but first-time buyers are snapping them up as quickly as they hit the market, setting the stage for another competitive spring market.

Homebuilders in the Twin Cities are off to a running start this year, but topping 2018 won't be easy.

If you live in a three-bedroom apartment that rents for $1,400 per month or less in the Minneapolis-St. Paul area, consider yourself lucky. That's affordable housing, whether it's subsidized or not, and it's running out.

For many first-time homebuyers, former renters and downsizing baby boomers in the Twin Cities metro, 2018 was one of the most challenging on record.

Freddie Mac issued its first non-low-income housing tax credit forward commitment, providing financing for an affordable housing development in Minnesota.

There was a slight increase in house listings in the Twin Cities metro last month, suggesting much better times ahead for buyers and their agents.