January new home sales fall 17.6%, weather and rates in focus

After seeing an uptick in sales last year, the nationwide new home market experienced a sharp drop in new home sales activity in January, according to the U.S. Census Bureau’s New Residential Sales report released on Thursday. Economists say that this could be a momentary drop due to extreme weather

Minnesota Lawmakers Fight To Turn Monthly Rent Into Vital Path to Homeownership

Owning a home is the most valuable way to grow wealth, but in Minnesota, the journey has become disproportionately difficult for low-income residents and people of color. But new legislation aims to change that.  HF2123, a bill sponsored by Rep. Samakab Hussein (DFL-St. Paul), was moved to be amende

Mortgage Rates Hit Highest Level of 2026

While mortgage rates hit a high for the year so far, reflecting escalating geopolitical tensions in the Middle East, analysts point to average rates still remaining below year-ago levels and offering some improvement to buyers purchasing power.  The average mortgage rate ticked up 11 basis points to

EXCLUSIVE: Catherine Zeta-Jones and Michael Douglas Slash the Price of Their Historical Hudson Mansion—2 Years After Listing It for $12 Million

Catherine Zeta-Jones and Michael Douglas have dramatically decreased the asking price of their Hudson River home by $2.25 million—nearly two years after they listed it for $12 million. Douglas, 81, and Zeta-Jones, 56, first put their sprawling New York dwelling on the market in June 2024, less than