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The average first-time homebuyer puts from 5% to 7% down. In the first quarter of 2023, that amounted to $24,000. More local homebuyers who can't afford a down payment that large are asking about the 1% option.
Typical renters in Minneapolis can only afford to buy a quarter of available homes for sale, according to a new analysis.
We sat down with Kirsten Dillon, director of operations with Kris Lindahl Real Estate, who shared some tips on home buying this summer.
However, State Farm will continue to offer personal auto insurance policies in California, the company said.
For the second consecutive year, realtors, lenders and others associated with the homebuying process volunteered their time at the Twin Cities Diversity Homeownership Fair.
Upgrading your home to make it more eco-efficient can not only save you money but also increase your home’s re-sale value. Kirsten Dillon shares some cost-effective and eco-friendly upgrades.
The sister act tackles emergency restoration and recovery projects for homeowners dealing with disasters on their new primetime show, "Renovation 911."
The gap between renting an owning is the largest it's been in more than 15 years, an industry analysis found.
You hear a lot about the high cost of rent in the Twin Cities, but in rural Minnesota it can be a struggle as well. Especially for the next generation of farmers looking for land.
Median home prices reached an all-time high in 2022, surpassing $362,000, and inflation rates soared past 9%.
The Cleveland, Ohio-based home was last bought on eBay in 2004, but has undergone a "massive renovation" since.
After two years of almost non-stop growth, Minnesota's housing market is finally cooling off.
The new October housing report from Minnesota Realtors shows home sales down 31% compared to last year. WCCO’s Allen Henry spoke to local agents who say the drop isn’t necessarily a bad thing, just a return to normalcy.
The average long-term U.S. mortgage rate topped 7% for the first time in more than two decades this week
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
The average rate on a 30-year fixed-rate mortgage now sits at 6.92%, the highest it has been since 2002.
Interest rate on a typical 30-year mortgage rate has jumped by more than a quarter-point this week to 6.29%.
Borrowing costs for a conventional home loan have more than doubled over the last year.
Across the country, the ever-hot housing market is starting to cool down. Jeff Wagner learned finding a new home is getting a little easier but not necessarily cheaper.
A unique home in St. Cloud has gone on the market and is grabbing the internet's attention.
With the cause of the break still unknown, the city plans to work with a third-party consultant to investigate, and will allow homeowners in on the selection process.
Higher interest rates are making some perspective buyers shift their focus in a hot housing market. The Federal Reserve raised rates by half a percent Wednesday bringing it to a 10-year high.
The median price for a home in the Twin Cities metro is a record $353,000. That's according to new data from Minneapolis Area Realtors and the Saint Paul Area Association of Realtors.
"We were just like, 'How are people doing this? How can families start?' It's crazy," Ashley Dito said.
If you're house shopping right now, you know how competitive the market is. Inventory in the metro is still low and it's more important than ever to be prepared.
The price of housing in Minneapolis rose less over the last five years compared to other metro areas around the U.S.
The Wisconsin Supreme Court is grappling with a case affecting whether the swing state's nonpartisan top elections official can remain in her post despite not being reappointed and confirmed by the state Senate.
Wisconsin Republican U.S. Senate candidate Eric Hovde has conceded defeat in the race narrowly won by Democratic Sen. Tammy Baldwin, saying he will not pursue a recount.
The Minneapolis Parks and Recreation Board is looking for public input on two newly-proposed policies involving cannabis and THC use in parks.
Lenny, an 8-year-old chihuahua-terrier mix, was a city stray with no collar and no chip.
The price of housing in Minneapolis rose less over the last five years compared to other metro areas around the U.S.
The Minneapolis Parks and Recreation Board is looking for public input on two newly-proposed policies involving cannabis and THC use in parks.
Lenny, an 8-year-old chihuahua-terrier mix, was a city stray with no collar and no chip.
Officials say the 17-year-old boy from Corcoran was driving a Cadillac eastbound on Highway 7.
A driver struck a pedestrian on a highway in the east metro Monday morning, authorities said.
The incident remains under investigation.
The Kandiyohi County Sheriff's Office is urging hunters to use caution when on the water after responding to two different water rescue incidents Saturday.
Officials in Pine County are investigating a fatal shooting.
An election judge in Hubbard County is accused of accepting 11 unregistered votes.
Eleven recent cases of E. coli in Minnesota have been linked to burgers eaten at Red Cow and Hen House.
The Wisconsin Supreme Court is grappling with a case affecting whether the swing state's nonpartisan top elections official can remain in her post despite not being reappointed and confirmed by the state Senate.
Documents say Steven Williams resigned from the Prescott, Wisconsin police force "in lieu of termination."
An attorney representing a conservative prosecutor struggled Monday to convince Wisconsin's liberal-leaning Supreme Court to reactivate the state's 175-year-old abortion ban.
Jennie-O turkey brand will display its float at Macy's Thanksgiving Day Parade for the fifth consecutive year.
Traffic is backed up on a major interstate in western Wisconsin Tuesday morning due to a crash.
A warm place to live may be taken for granted, but for a veteran taking over his family home, it's a gift.
Michael Fuller and Mahesh Mathew are finding purpose on Twin Cities running paths together.
One issue veterans face is finding a job after they finish their service. They have skills, of course, but they are not always valued as work experience. The University of Minnesota Medical School is hoping to change that.
Alan Vanhoever and Brian Neidt are honored to have served the United States. Both struggled with addiction for years before giving a specialized long-term program a try.
Retired Hugo Navy veteran Danial Daloia helps fellow veterans, first responders, health care professionals, dispatchers and more master the art form of woodworking. But it's more than that — to Daloia and his students, it's a form of therapy.
The Wisconsin Supreme Court is grappling with a case affecting whether the swing state's nonpartisan top elections official can remain in her post despite not being reappointed and confirmed by the state Senate.
Wisconsin Republican U.S. Senate candidate Eric Hovde has conceded defeat in the race narrowly won by Democratic Sen. Tammy Baldwin, saying he will not pursue a recount.
President-elect Donald Trump is gearing up to name more key Cabinet selections this week.
Mr. Biden has made addressing climate change a key part of his policy agenda.
The U.S. received written assurance from Iran before the presidential election that its leadership was not actively trying to assassinate President-elect Donald Trump, CBS News confirmed
The price of housing in Minneapolis rose less over the last five years compared to other metro areas around the U.S.
The Wild also partnered with community food shelves to give out Turkeys this holiday season.
The Minneapolis City Council voted 9-3 in favor of a proposal on Thursday that establishes a citywide labor standards board, a move that worries some small business owners.
Squeezed or not, Minneapolis shoppers are gearing up for the holidays.
Grabbing a TV for a steal-of-a-deal is a popular move during the holiday season. This year, industry experts are expecting shoppers to go big — like really big.
The community came together Sunday to support two transgender women who say they were attacked near a light rail station in Minneapolis.
The incident remains under investigation.
Minneapolis Police Chief Brian O'Hara says officers working as part of the department's "Late Night Safety Plan" were called to Tantrum Nightclub at 118 N 4th St. at approximately 1:47 a.m. after reports of a person with a gun.
Minneapolis police are investigating two separate stabbings that happened early Sunday morning.
Officials in Pine County are investigating a fatal shooting.
Eleven recent cases of E. coli in Minnesota have been linked to burgers eaten at Red Cow and Hen House.
The tiny sensory organs that cover our tongue allow us to detect five basic tastes: sweet, salty, bitter, sour and umami — which is a savory, rich or meaty flavor.
Federal and state health officials tell CBS News they are tracking an increase of infections with the illness known as "walking pneumonia" or "white lung pneumonia" among young kids.
Starting next year, undocumented immigrants in Minnesota will be able to enroll in the state's low-income health coverage program.
Online retailers and telehealth companies are reporting a surge in demand for emergency contraceptives after the election, similar to what happened after Roe v. Wade was overturned two years ago.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
With the release of part one of her new memoir, Cher talks about her relationship - on stage and off - with Sonny Bono, and why their TV partnership survived beyond their marriage.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Mike Tyson, a boxing legend, and Jake Paul, a social media legend, threw down Friday in Dallas. Financially, they both came out winners.
The jury's still out on whether you can take your hounds to heaven, but unfortunately, you can't take them to Target Center to see Tyler Childers in April.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Julius Randle hit a buzzer-beating 3-pointer to cap his 35-point night and lift the Minnesota Timberwolves to a wild 120-117 win over the Phoenix Suns.
Sam Darnold overcame an early fumble by throwing for 246 yards and two touchdowns and running for a score and the Minnesota Vikings beat the Tennessee Titans 23-13.
Minnesota All-Star guard Anthony Edwards has been fined $35,000 by the NBA for making an obscene gesture on the court during the Timberwolves' NBA Cup win in Sacramento on Friday night.
Mason Marchment scored twice, Ilya Lyubushkin had two assists, and the Dallas Stars continued their recent domination of the Minnesota Wild with a 2-1 win Saturday night.
In this election, Klobuchar faired much better than all other Senate Democrats — she won by a significantly larger margin.
For Democrats the postmortem continues on why Vice President Kamala Harris and her Running mate Governor Tim Walz performed more poorly with almost every demographic than Joe Biden did in 2020. In Minnesota, Senator Amy Klobuchar did much better than Harris with some of those same groups.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
Did you know that donkeys are fast, smart and can build life-long bonds with other animals and people? It's believed that donkeys are smarter than most dogs.
The Fitzgerald Theater is the oldest active theater in St. Paul — but is it also haunted?
Wisconsin bars are known for their pints and their patrons. About the last thing you'd expect to discover in such a place would be 55 feet of historic American artwork.
Did you know Minnesota has a real castle? Miller Castle, near Nisswa.
In this edition of Finding Minnesota, John Lauritsen takes us through the long history and evolution of the Goldy Gopher mascot.
The tiny sensory organs that cover our tongue allow us to detect five basic tastes: sweet, salty, bitter, sour and umami — which is a savory, rich or meaty flavor.
Grabbing a TV for a steal-of-a-deal is a popular move during the holiday season. This year, industry experts are expecting shoppers to go big — like really big.
Robert F. Kennedy Jr., who is expected to have a spot in the Trump administration, feels fluoride can lead to a slew of health problems.
Though Minnesota is home to Mall of America, it's also the birthplace of the country's very first indoor mall — Southdale Center, which opened in 1956 and was developed by the Dayton family.
Just like the leaves, the clock falls back and some people fall off balance, according to Dr. Marcel Hungs, a neurologist and sleep medicine specialist at HealthPartners.
Regions Hospital and Children's Minnesota share photos of their tiniest patients dressed to the nines for Halloween.
Minnesotans got a great view of the northern lights Thursday night due to the arrival of a severe geomagnetic storm.
Minnesotans got a great view of the northern lights Monday night.
Storms ripped through parts of Minnesota and western Wisconsin on Thursday evening. There were several reports of tornadoes and trees were downed in the metro and beyond, including in Cottage Grove, Anoka, Champlin and Fridley.
A powerful thunderstorm tore through the grounds of the Minnesota State Fair on Monday night, delaying Tuesday's opening.
Monday will have increasing clouds with rain moving into the metro, WCCO meteorologist Joseph Dames says.
In Minnesota, weather can be all over the place. Here at WCCO, we want to give you what you need to prepare for what's happening next.
Rain will develop and move northward through the late afternoon and evening hours, causing wet travel for anyone out and about after 5 p.m.
Monday will start out calm and dry, but widespread rain will develop in the evening.
Monday will start out calm and dry, but widespread rain will develop in the evening.
Christie Altendorf, from D'Amico Catering, shares some options for hosting at your home.
Lesley Rudd, from Lake Harriet Florist, shares a preview of the wearable floral displays.
Thanksgiving is almost here and it's the kick-off to a season full of food, stress, unhealthy habits and, of course, more food, explains registered dietitian Katie Knafla.
Known for her roles in "The Golden Girls" and "The Mary Tyler Moore Show," the late actress's smiling face will soon be gracing envelopes.
Maybe you're stressed about the upcoming week, or the things you need to get done before the weekend finishes up, or just stress about starting a new week.