Cost of buying a home in America reaches a new high, Redfin says
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
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The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
Experts say home prices could come down since commissions are often baked into the price. Others are skeptical of the impact — saying if the sellers aren't paying the buyer's agents, the buyer would still have to.
The rules of real estate are on the verge of what a CBS News expert calls "a seismic shift." David Schuman looks at how changes to commissions may save money for home sellers and lower prices for buyers.
The White House is proposing a "mortgage relief credit" that would give homebuyers an annual tax credit of $5,000 for two years.
With interest rates expecting to drop and new construction the rise, 2024 may finally be the year for some to buy a home
A court ruling this fall could mean changes for how homes are bought and sold in the future. For more on what it means to you, Esme Murphy talked to University of St. Thomas Professor Andy Babula.
Although home prices have continued to rise across much of the U.S., homeowners in some states saw their home equity shrink.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
You've probably noticed one of the most high-profile projects at a Twins game. Our Allen Henry gives us an exclusive sneak peak inside this newest addition to the skyline.
Americans flocked to suburban areas during the pandemic — one of several reasons why rent increases there have outpaced urban areas.
The gap between the number of white and Black homeowners in Minneapolis is one of the highest in the country. WCCO's Reg Chapman has more.
"It's just an iconic property," said realtor Jim Schwarz, the home's listing agent. "It's a prominent house on a prominent piece of property."
The Federal Reserve stabilized interest rates Wednesday, which could bring in more buyers, but that doesn't mean the process will be easier or cheaper any time soon.
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.
The carillon has 56 bells, and the Mayo Clinic said that makes it one of the largest instruments in the world and the largest instrument in Minnesota.
The Southern Anoka County Assistance food shelf (SACA) is expanding to meet a growing need in Columbia Heights.
Story after story filled the room inside the Humboldt High School Auditorium in Minneapolis on Wednesday evening. The goal: a space for people to talk directly to elected leaders about the impacts of Operation Metro Surge.
The Minnesota Senate on Wednesday cleared $150 million for HCMC hospital in Minneapolis which leaders warn could close in just months if it isn't given a lifeline and fast.
The Minnesota Senate Taxes Committee walked through a large tax bill Wednesday which includes a number of policies, including a special account with funds the state can use to host major sporting events.
The Southern Anoka County Assistance food shelf (SACA) is expanding to meet a growing need in Columbia Heights.
Story after story filled the room inside the Humboldt High School Auditorium in Minneapolis on Wednesday evening. The goal: a space for people to talk directly to elected leaders about the impacts of Operation Metro Surge.
The Minnesota Senate on Wednesday cleared $150 million for HCMC hospital in Minneapolis which leaders warn could close in just months if it isn't given a lifeline and fast.
WCCO got a look Wednesday inside the now infamous Quality Learning Center in Minneapolis, which gained national attention in the wake of a conservative YouTuber's viral video in December. It was one of 22 sites raided by federal agents on Tuesday under suspicion of fraud.
Across the country, more than 152 million Americans — or 45% — are living with unhealthy levels of air pollution.
The carillon has 56 bells, and the Mayo Clinic said that makes it one of the largest instruments in the world and the largest instrument in Minnesota.
Across the country, more than 152 million Americans — or 45% — are living with unhealthy levels of air pollution.
The Minnesota Supreme Court on Wednesday affirmed the conviction against Adam Fravel, who killed Madeline Kingsbury in 2023 and was sentenced to life in prison.
They were all hospitalized, and the driver's injuries were severe enough to necessitate an airlift, police said.
An ambulance driver hit and killed a moose in northern Minnesota early Monday, with no serious injuries to those in the emergency vehicle.
You may have heard of Give to the Max Day, where people donate millions of dollars to hundreds of nonprofits and organizations across Minnesota on a single day. That idea has spread to western Wisconsin, called Give Big Valleys.
Federal prosecutors say a small-town Wisconsin police chief tried to help California gun dealers import illegal armor-piercing rounds from Europe.
Local and federal law enforcement are investigating after nearly 50 firearms and "a large quantity of ammunition" were stolen from a sporting goods store in St. Croix County, Wisconsin, the Bureau of Alcohol, Tobacco, Firearms and Explosives said Friday.
Two Minnesotans were killed in a motorcycle crash Wednesday evening in western Wisconsin.
Matthew Keirans used William Woods's identity for decades, then manipulated police into prosecuting Woods, who spent 428 days in jail and 147 days in a mental hospital before DNA evidence proved his innocence.
Bobby Rogers once came to the Minneapolis Institute of Art to sketch and study; now he leads its design and editorial work, shaping what visitors see and experience.
Moses Cooper, who has cerebral palsy, met running partner Mark Hulsey through My Team Triumph Minnesota two years ago and the pair qualified for the Boston Marathon at Grandma's Marathon last summer.
Mackenzie Reed, head custodian at Shakopee East Middle School, has painted large-scale murals throughout the building she once attended as a student, creating a more welcoming space for current students.
Kristi comes to the Salvation Army not only to get food, but to shine her light. She talks with and encourages people waiting in line.
The way Mary Hernandez describes it, the effort to keep families off the street in Shakopee, Minnesota, is like trying to keep your head above water.
The Minnesota Senate on Wednesday cleared $150 million for HCMC hospital in Minneapolis which leaders warn could close in just months if it isn't given a lifeline and fast.
The Minnesota Senate Taxes Committee walked through a large tax bill Wednesday which includes a number of policies, including a special account with funds the state can use to host major sporting events.
WCCO got a look Wednesday inside the now infamous Quality Learning Center in Minneapolis, which gained national attention in the wake of a conservative YouTuber's viral video in December. It was one of 22 sites raided by federal agents on Tuesday under suspicion of fraud.
The Minnesota Senate passed a health and human services package Wednesday that includes a safety net for Hennepin County Medical Center in Minneapolis, which hospital leaders warn could go under in just a matter of months if they do not get a lifeline and fast.
The war with Iran is now in its ninth week, and Congress is concerned about the reduction of global munition stockpiles and the ability to restock them.
Some Twin Cities rideshare drivers say they may have to leave the road as gas prices continue to increase.
A large investment company is warning anyone with stocks to hold on to your hats. Information from JP Morgan says uncertainty is fueling inflation, but so far the market has been more resilient than expected.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
The bill would provide an average refund increase of $171 to homeowners after sharp property tax increases across the state this year.
The bills aim to close what supporters call a gambling law loophole, allowing for these prediction markets to flourish with no regulations.
Minneapolis police and public safety leaders pitched their plan to keep the city safe this summer.
Three people have been federally indicted for allegedly assaulting a Turning Point USA contributor during a protest at the Whipple Federal Building in Minneapolis earlier this month.
The Minnesota Supreme Court on Wednesday affirmed the conviction against Adam Fravel, who killed Madeline Kingsbury in 2023 and was sentenced to life in prison.
London's mayor says police will increase patrols after an "appalling attack on two Jewish Londoners," amid a "series of shocking antisemitic attacks" in the city.
Police fatally shot a man in Richfield, Minnesota, Wednesday morning after he "brandished a firearm" and shot an officer in the hand, authorities said.
There is bipartisan support to help save the hospital, but the state Senate is proposing less money than the House. One former patient has something to say to those lawmakers.
Hold Your Horses is a local nonprofit that provides therapy alongside horses and the natural world for people of all ages and abilities.
Minnesota lawmakers are calling for the humanitarian release of a woman detained earlier this year amid Operation Metro Surge who is suffering from a tennis ball-sized ovarian cyst.
For more than 50 years, Steve Nesseth has answered the call, not for the recognition, but because for him service is simply a way of life.
The media we consume and how long we spend consuming it can impact our mental health. In a world where screens are scrutinized, what is the worst kind of screen time?
Mononymous country music star Hardy is set to kick off the final weekend of the 2026 Minnesota State Fair.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
A previously unreleased song is one of many ways Prince is being honored a decade after his death.
Bobby Rogers once came to the Minneapolis Institute of Art to sketch and study; now he leads its design and editorial work, shaping what visitors see and experience.
A video game is helping people experience the Ojibwe culture in a new way.
The Minnesota Wild are going home with a chance to advance in the NHL playoffs for the first time since 2015.
Matt Boldy scored the tiebreaking power-play goal in the final minute of the second period and the Minnesota Wild beat the Dallas Stars 4-2 for a 3-2 lead in the first-round Western Conference series.
Julio Rodriguez hit three doubles, scored twice and drove in two runs, and Josh Naylor had a homer and four RBIs as the Seattle Mariners beat the Minnesota Twins 7-1.
Brock Faber's third career pro hockey game was a playoff game. That was three years ago. Fast forward to the present, and the 23-year-old has taken a huge step forward offensively in these playoffs.
The new format would add eight more at-large teams, and take eight more teams out of the main bracket for play-in games.
The only open Congressional race in Minnesota is in the state's 2nd Congressional District, where the incumbent Rep. Angie Craig is not running for reelection but running for U.S. Senate.
The Cook Partisan Voting Index rates the district at a +3 for Democratic candidates, which means in recent presidential elections, Democrats have held a narrow 3-point edge.
From the controversies to the name-calling to bathhouse proposals to perhaps not renewing Police Chief Brian O'Hara's contract, it seems the Minneapolis City Council is always giving us something to talk about.
From the controversies to the name-calling to bathhouse proposals to perhaps not renewing Police Chief Brian O'Hara's contract, it seems the Minneapolis City Council is always giving us something to talk about.
Both the DFL and GOP nominating conventions are the last weekend in May 7, and voting for the Aug. 11 primary begins in June.
The carillon has 56 bells, and the Mayo Clinic said that makes it one of the largest instruments in the world and the largest instrument in Minnesota.
When you think of masterful, memorable works of art, grain elevators don't typically come to mind. But in towns across the country, including in Minnesota, they're becoming an unlikely canvas for creativity.
At Arnie Lillo's Creations in Blue Earth County, you can visit a metal-scaled version of the Eiffel Tower and the Golden Gate Bridge. The works of art have taken on a shape of their own.
It's one of the largest musky hatcheries in the entire world. John Lauritsen shows us how the Spooner hatchery keeps fish healthy and anglers happy.
Shattuck-St. Mary's is more than a hockey school, but hockey has helped put the school on the map. They have banners and big names to prove it, though the real evidence lies with a man called Rooster.
A symbolic change is bothering some Minnesotans. Now their local leaders are listening; several cities are voting to fly the old state flag instead of the new one. While it was a drastic redesign, it wasn't the first.
Construction season has arrived, potentially adding several minutes to your daily drive to work. So, how bad is the commute in the Twin Cities? Good Question.
The media we consume and how long we spend consuming it can impact our mental health. In a world where screens are scrutinized, what is the worst kind of screen time?
The pet insurance industry is relatively new, and experts say that's partly why there's a low number of policies, but it is growing.
The popular afternoon pick-me-up in a cup is like a super food, supplement and medicine cure-all.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Minnesotans got a great view of the northern lights Tuesday night.
A look at the newest addition to the polar bear population at St. Paul, Minnesota's Como Zoo.
From food shelves to school programs, our team is proud to serve where it matters most.
The Minnesota State Fair has unveiled its new food, drinks and vendors for 2025.
We have a frost and freeze alert in place between 2 a.m. and 8 a.m. Overnight temperature will drop down to the 30s. Our 50 degree temperatures stick around through Friday before we start to warm over the weekend. Chris Shaffer breaks it down and shares just how warm things will get.
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.
The temperature drops back down to the 30s overnight. We remain in the 50s through Friday before we return to the 60s over the weekend. Chris Shaffer breaks down the timing of our next few days.
Thursday will be quiet and cool, with a mix of clouds and sun, says NEXT Weather meteorologist Chris Shaffer.
Cooler than average highs this week in the 50s, WCCO meteorologist Mike Augustyniak reports.
We have a frost and freeze alert in place between 2 a.m. and 8 a.m. Overnight temperature will drop down to the 30s. Our 50 degree temperatures stick around through Friday before we start to warm over the weekend. Chris Shaffer breaks it down and shares just how warm things will get.
For nearly a century, the Mayo Clinic carillon has been making music in downtown Rochester, Minnesota.
Columbia Heights food shelf expands to meet growing need.
Community members gathered to talk directly to elected leaders about the impacts of Operation Metro Surge.
The temperature drops back down to the 30s overnight. We remain in the 50s through Friday before we return to the 60s over the weekend. Chris Shaffer breaks down the timing of our next few days.