Housing

The City of Minneapolis has chosen to target single-family foreclosures for assistance, which does not address the need in Audubon”, said Association President, Cindy Schulte. “The City has told us to be organized and focused on the housing challenges faced in our neighborhood. We are not waiting for their help, we’re taking action ourselves.” MORE »

Is eight really enough? How about way too much? If you’re a spin-happy Minneapolis Realtor, it’s not so bad. In fact, we could just be ready to begin a great journey together. According to the Minneapolis Area Association of Realtors (MAAR), the Twin Cities now has 8.11 homes for sale for every buyer. That’s a 10.4-month supply of housing. Prices have declined on average 15 percent this year. And nationally, pending homes sales fell 4.7 percent in May, despite the number of inexpensive lender-owned homes (foreclosures and short sales) and economist expectations that home sales would rise slightly in the spring. MORE »

Too often we deal in theory, not action. We expound at the coffeehouse about how the country should be governed, but we fail to run for office, attend caucuses, or even vote. We complain that our kid is not playing shortstop, but we don’t hit ground balls to him. We plan to organize the closet before a family visit, but…well, relatives have come and gone and the closet is still the pits. MORE »

Last week, the Minneapolis Public Housing Authority (MPHA) opened its waiting list for Section 8 rent assistance vouchers for the first time in five years. The Bloomington Housing and Redevelopment Authority (BHRA) will re-open its waiting list at the end of June. The expected number of applications in Minneapolis alone is expected to exceed 15,000, an increase of 60% over the number of applications received in 2003. MORE »