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Housing Market News

Minneapolis Pending Home Sales Dropped Nearly 20% in January, New Listings Fell 5%

Local Redfin agents say high costs and frigid weather are the primary reason fewer people are buying and selling homes in Minneapolis. ICE activity and protests are factors too, but smaller ones. Minneapolis pending home sales fell 19.2% year over year during the four weeks ending January 25, the biggest decline among the 50 most […]

Minneapolis Pending Home Sales Dropped Nearly 20% in January, New Listings Fell 5% Read More »

Black Gen Zers and Millennials Are Half As Likely to Own Their Home As White Counterparts

Just 14% of Black Gen Zers and 32% of Black millennials own their home, roughly half the rate of white Gen Zers and millennials.  The homeownership rate for young Black Americans has ticked down over the last few years, while it has ticked up for young white Americans.  The racial homeownership gap is smaller but

Black Gen Zers and Millennials Are Half As Likely to Own Their Home As White Counterparts Read More »

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