The number of Minnesota homes sold increased in November. According to the Minnesota Association of Realtors, housing sales were up 11.2 percent compared to a year ago. However, home prices remain low. The report blames foreclosures for keeping values down, but credits bargin prices and low interest rates for the improved sales.
LIVE UPDATES: Dangerous storms move through Twin Cities
We'll have live updates as the storms move through the metro.
Tornado watch issued in Twin Cities, southern Minnesota
The watch will remain in place until midnight.
Wild fox in Minnesota tests positive for highly contagious avian flu
This is the first confirmed case of highly pathogenic avian influenza in a wild mammal in the state, the Department of Natural Resources said.
New COVID-19 testing site in St. Paul; 3 others to close as cases rise
Testing sites in Stillwater, Hutchinson, and St. Paul are closing as part of moves to adjust testing resources.
Charges: South St. Paul teen killed during apparent marijuana sale
The individual accused of killing Skelley is a 17-year-old from St. Paul.
Anthony Edwards among NBA stars in Adam Sandler's Netflix film, 'Hustle'
The Timberwolves point guard stars alongside other NBA players LeBron James, Trae Young, Juancho Hernangomez and more.
Armed man found barricaded inside Brooklyn Park home, negotiators on scene
An active police presence remains in the area as negotiators speak with the suspect.
17-year-old South St. Paul homicide victim is identified
The medical examiner determined that Skelley died of multiple gunshot wounds.
Tornado watch issued in Minnesota, South Dakota, Iowa, Nebraska
Severe storms are expected to push into southwest Minnesota this afternoon.
Korean chicken chain Bonchon's 6th MN location set to open
The South Korean-based franchise has steadily increased its presence across the country.
Home sales, prices continue uptick in Twin Cities metro
September was another good month for home sellers in the 13-county Minneapolis-St. Paul metro. The Business Journal says pending sales grew 11 percent last month, compared to the same month a year ago, according to the Minneapolis Area Association of Realtors. The median home sales price also increased 12.3 percent to $174,000 in the Twin Cities area, Finance & Commerce reports. However, the number of homes for sale dropped 29.4 percent -- the lowest level in nearly a decade.
Twin Cities housing market continues to show improvement
Last month, the median sales price of homes jumped about 11 percent to $169,000 from the same month last year, according to a new report by the Minneapolis Area Association of Realtors. The number of pending purchase agreements also spiked 27 percent, while closed sales increased 21 percent. However, the inventory of homes for sale continued to fall in May.
2011 real estate market improves in central Minnesota
The St. Cloud Times reports pending home sales jumped more than 12 percent in 2011. Completed sales increased close to 44 percent from July through December. However, both the average and median sales prices declined last year.
Home prices continue to bounce back in Twin Cities metro
Figures from the Minneapolis Area Association of Realtors show the median home price in the 13-county metro climbed to $175,000 in October -- up nearly 15 percent compared with the same period a year ago. MPR reports October was the eighth straight month of price gains. Pending and completed sales were also up last month.
Twin Cities metro area home sales and prices up in April
The number of closed sales last month rose 7.1 percent compared with last year, while the median price of those deals jumped 12.4 percent to $163,000.
January home sales surge in Twin Cities
The 13-county metropolitan area had more than 3100 purchase agreements signed in January. The Pioneer Press reports that's a 25 percent increase compared to last January. The Minneapolis Area Association of Realtors credits record-low mortgage rates, home prices and the mild winter weather for the highest January numbers since 2005.
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