Minnesota

Boston emerges as hottest large metro market entering 2026

Boston has emerged as HousingWire’s hottest major metropolitan housing market heading into 2026 — fueled by chronic supply shortages, rapid sales and a job base that continues to outpace national trends. Local experts say the metro’s long-standing economic strength and global pull are driving competition even as interest rates and broader economic uncertainty persists. Todd […]

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Greystar reaches $7M settlement in rent-setting lawsuit

A $7 million settlement agreement with Greystar Management Services was announced by California Attorney General Rob Bonta — part of a coalition of nine state attorneys general pursuing antitrust claims tied to RealPage software. The settlement requires Greystar to stop using software that employs competitively sensitive information to align rents and to cooperate in the

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NorthstarMLS restructures board, embraces new governance model

Minnesota’s NorthstarMLS is shaking up its governance structure. In an announcement on Wednesday, the MLS said that its shareholder associations, which include Minneapolis Area Realtors (MAR), the Saint Paul Area Association of Realtors (SPAAR), and the Southeast Minnesota Realtors (SEMR), have made the decision to embrace what they are calling a new, “business-forward governance model.”

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No. 1 eXp mega team Pemberton Homes branches out on its own

When much of the real estate industry is consolidating, Parker Pemberton, who runs the No. 1 team globally at eXp Realty, has decided it is time to strike out on his own.  “I think that the marketplace needs strong local leadership and with the consolidation going on right now, it is getting very corporate out

No. 1 eXp mega team Pemberton Homes branches out on its own Read More »

No. 1 eXp mega team Pemberton Homes branches out on its own

When much of the real estate industry is consolidating, Parker Pemberton, who runs the No. 1 team globally at eXp Realty, has decided it is time to strike out on his own.  “I think that the marketplace needs strong local leadership and with the consolidation going on right now, it is getting very corporate out

No. 1 eXp mega team Pemberton Homes branches out on its own Read More »

Household income climbs in some big cities, outweighed by inflation in others

Household income in the U.S. rose slightly in 2024, but the picture looks very different depending on where you live. The national median income reached $83,730 last year, up 1.3% from 2023, according to a new report from online fintech company SmartAsset. That modest increase failed to keep pace with the roughly 3% inflation rate,

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Midwest housing markets defy national days on market trends

Midwest housing markets are demonstrating remarkable resilience against the national trend of extended Days on Market (DOM), with properties in key Midwestern cities selling up to 83% faster than the national average, according to the latest market data. Regional performance outpaces national metrics The national median DOM for single-family homes currently stands at 63 days,

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LGBTQ+ Alliance regains control of financial accounts amid legal turmoil

The LGBTQ+ Real Estate Alliance has regained control of its financial accounts one month after former CEO Ryan Weyandt seized the accounts, after ruling by U.S. District Court Judge Eric Tostrud of Minnesota on Friday. Weyandt seized the accounts after allegations surfaced that the trade group had fallen into disrepair.  According to the ruling, Weyandt

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Hemp spells affordable housing for Native American community

The Lower Sioux Indian Community in Morton, Minnesota, has become the first in the country to create a fully vertically integrated “seed-to-wall” program using industrial hemp — addressing a critical shortage of affordable housing on its reservation. Prompted by U.S. Census Bureau data indicating the need for 200 new homes by 2030, the Lower Sioux

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Minnesota housing program under federal fraud investigation

Federal agents are probing what they describe as a massive scheme to defraud Minnesota’s Housing Stabilization Services program, according to a search warrant. Numerous outlets reported that a federal investigation is targeting a Medicaid-funded benefit created in 2020 to assist people with disabilities, mental illnesses, substance use disorders and seniors in securing and maintaining housing.

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