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housing

Twin Cities homebuyers flocked to these neighborhoods in 2021

Kenley Johnson watched as her brother Benton Johnson shoveled outside her house in the Columbia Park neighborhood of Minneapolis, one of the most affo

The most dynamic neighborhood in Minneapolis for home buyers last year was in the northeast corner of the city, according to the Star Tribune's Hot Housing Index.

  • Where buyers have best odds in Twin Cities area housing market
  • Exurbs rise to the top in ranking of Twin Cities area's hottest housing markets
  • Hottest Twin Cities housing markets were far out from cities

Where buyers have best odds in Twin Cities area housing market

Jessica Lee was renting a small apartment in Minneapolis, but with mortgage rates near historic lows, she realized it would be cheaper to buy. She is

These communities had the most listings, lowest price increases and least amount of competition, according to a Star Tribune list of the best markets for home buyers.

  • Hottest Twin Cities housing markets were far out from cities
  • Exurbs rise to the top in ranking of Twin Cities area's hottest housing markets
  • Twin Cities home sales at a 20-year high, listings at a 20-year low

Exurbs rise to the top in ranking of Twin Cities area's hottest housing markets

A line of several home shoppers and their real estate agents formed as they waited to view a home for sale in March 2021.

Space and lower prices helped cities on the edge climb to the top of the Star Tribune's latest Hot Housing Index.


Local

A MNDOT Survey worked along Arcade Street, in St. Paul on Wednesday, June 22, 2022. The Minnesota Department of Transportation is planning to redesign

St. Paul's Arcade Street may be due for makeover

New Rochester school district's strategic plan hailed as major improvement
Who was the first woman to serve in the Minnesota Legislature?
Twin Cities parks work to diversify park programming

Current Conditions Minneapolis

  |   Hourly forecast


Sports

Chris Archer and four Twins relivers held Colorado to one hit.

Archer, Twins bullpen toss one-hitter in 6-0 victory over Colorado

Connelly: Draft will have little impact on what Wolves do in free agency
Little Course On The Prairie: Tepetonka will be state's newest golf destination
Lynx coming off back-to-back wins, but defending WNBA champions are next up

Business

Dave McNulty sold this cottage on Big Ripley Lake near Shell Lake, Wis., for $27,000 more than the asking price after getting more than a dozen offers

Looking for a lake home in Minnesota this summer? Get in a long line

Developer goes with the flow with $20 million makeover of Riverplace
Restaurants' improvised patio space in pandemic becomes permanent in some Minn. cities
Minnesota has the nation's second-lowest jobless rate. Is that good?

Opinion

A Minneapolis police officer investigated an automobile crash. The city’s mayor, Jacob Frey, writes that he’s “been pushing an aggressive plan f

Minneapolis Mayor Jacob Frey: City will play a leading role in reshaping policing

Ruling should end cop funding nonsense
Abortion ruling: A disaster for America, suicide for the court
Readers Write: Long rural addresses, the abortion ruling, Minnesota Legislature, Father's Day coverage

Most Read

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  • Fred puts the finishing touch on the second of two rain gardens, off the back of the house.
    Rain gardens poured to manage runoff

    Variety

    A second location of Cardigan Donuts opened in the IDS Center and debuted the doughnut shop’s new line of ice cream treats.

    Headed downtown for work or play? What's new in dining in Mpls. and St. Paul

    Yuen: Taking your husband's last name doesn't need to be 'til death do you part
    'Gay Pride was invented here': The origins of Pride in the Twin Cities
    Minnesota's community theaters adjust to the times, seek new audiences

    Comics

    Dilbert

    Arlo & Janis

    For Better or For Worse

    HOROSCOPES

    Games

    Mini Crossword

    The Daily Sudoku

    Spider Solitaire

    Super Quiz

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    Latest Columns

    Kara McGuire

    Rehousing grant qualifications

    Do you qualify for a rehousing grant of up to $3,500?

    Kara McGuire

    Finding a home after foreclosure

    Money is available to help families post-foreclosure, but many don't know about it.


    Politics

    President Joe Biden signs the Bipartisan Safer Communities Act into law in the Roosevelt Room of the White House on Saturday, June 25, 2022, in Washin

    Biden signs landmark gun measure, says 'lives will be saved'

    Minnesota abortion battle turns to November and the ballot box
    'Hero Pay' applications flood into Minnesota
    Are the Jan. 6 hearings changing minds in Minnesota?

    Nation

    The FAA control tower at Washington’s Ronald Reagan National Airport

    Airlines aim to shift blame for flight problems to FAA

    Police: 5-month-old girl in car fatally shot in Chicago
    Biden signs landmark gun measure, says 'lives will be saved'
    Alaska Supreme Court ruling keeps Sweeney off House ballot

    World

    Clockwise from left, Ursula von der Leyen, President of the European Commission, Charles Michel, President of the European Council, Mario Draghi, Prim

    'We have to stay together': Biden on alliance behind Ukraine

    Russia fires missiles across Ukraine, cements gains in east
    Norway shaken by attack that kills 2 during Pride festival
    Iraqi caretaker PM in Iran to rekindle talks with Saudis

    Curious Minnesota

    The Minnesota State Capitol in St. Paul. ] LEILA NAVIDI • leila.navidi@startribune.com

BACKGROUND INFORMATION: The Minnesota State Capitol in St.

    Who was the first woman to serve in the Minnesota Legislature?

    640th Avenue? 180th Street? The backstory behind long rural addresses
    Ask a question now: What are you curious about, Minnesota?
    Listen: What was the first movie filmed in Minnesota?

    Duluth

    This shot shows Birch Lake near the site of the planned Twin Metals copper mine. A federal study released Thursday found hardrock mining in the Superi

    Long-awaited federal study finds threat to Boundary Waters from hardrock mining

    Duluth sees surge in gun-related incidents — including one Wednesday night
    New Split Rock Lighthouse campground shines on the North Shore
    Water Is Life Festival returning Sept. 4 to Duluth with Indigo Girls, Ani DiFranco, Low

    Celebs

    Paul McCartney, from left, Dave Grohl and Bruce Springsteen perform at Glastonbury Festival in Worthy Farm, Somerset, England, Saturday, June 25, 2022

    Paul McCartney wows Glastonbury with Dave Grohl and The Boss

    Prince Charles denies any wrongdoing over bags-of-cash claim
    Vonn urges athletes use platform for good
    BET Awards return Sunday with Doja Cat as leading nominee

    Inspired

    The Norwood Young America bandshell is back in its original location in the city’s Legion Park.

    Norwood Young America's bandshell back home after nearly a century in private hands

    University of Minnesota medical students create program pairing mentors with challenged youth
    Who Inspires You
    Get involved

    More Stories

    With new owners, Florida Project motel dwellers must leave

    Residents at a motel along a tourist strip not far from Walt Disney World that was used as the setting for the 2017 film "The Florida Project" were told that they must vacate on short notice because the complex has been sold to another owner.


    Average long-term US mortgage rates inch up to 5.81%

    Average long-term U.S. mortgage rates inched up this week following last week's mammoth jump, the biggest in 35 years.


    May heat wave deaths prompt new cooling rules in Chicago

    A month after three women were found dead inside their stifling hot apartments at a Chicago senior housing facility, the City Council on Wednesday passed new cooling requirements for residential buildings.


    Storm's damages put focus on Cuba's dire housing crisis

    Olga Lidia Lahera lives with her daughter and two granddaughters in a tiny 15-square-meter (160-square-foot) apartment with peeling plaster walls that has barely enough room for a shelf with pots and a rickety sofa bed. A cloth curtain separates the space they use to wash up. There is no bathroom.


    Home sales give way as prices enter unprecedented territory

    Sales of previously occupied U.S. homes slowed for the fourth consecutive month as climbing mortgage rates and record high prices discouraged house hunters.


    This Week: Powell testimony, FedEx results, May home sales

    A look at some of the key business events and economic indicators upcoming this week:


    Housing market slows retreat from rising seas, bigger storms

    Chuck and Terry Nowiski lived in their country-style farmhouse with a wrap-around porch for 36 years before it flooded. After hurricanes Matthew and Florence, they said "yes" to the state's offer to buy their place and tear it down.


    Minneapolis-area house-flipper pleads guilty to fraud

    A woman who ran a house-flipping business in the Minneapolis area has pleaded guilty to defrauding real estate investors out of more than $3 million.


    Average US mortgage rates jump by most in 35 years

    Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve this week raising its key rate by three-quarters of a point in bid to tame high inflation.


    This is how a higher Fed rate could affect your finances

    Record-low mortgages are long gone. Credit card rates will likely rise. So will the cost of an auto loan. Savers may finally see a noticeable return.


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