The Minnesota Independent

Housing - Latest Stories

ACORN blocked from Census, HUD funding

By Andy Birkey | 09.15.09 | 11:36 am

Bachmann ACORNThe Association of Community Organizations for Reform Now (ACORN) has a had a rough week. The Census Bureau dropped the organization as a community partner after a FOX News…

April showers bring… a 24.9 percent increase in Minneapolis housing stock

By Molly Priesmeyer | 04.29.08 | 10:39 am

Got nine months to spare? That’s how long on average it takes to sell a previously owned home in Minneapolis, according to the latest Housing Supply Outlook from the Minneapolis Area Association of Realtors. The supply of overall…

Friday Financials: We’re riskier than Detroit!

By Molly Priesmeyer | 04.11.08 | 9:47 am

Is it just us, or is time folding in on itself? It feels like November outside. The “Don’t Tase me, bro” video somehow reappeared to fight a water buffalo in a YouTube contest. And then…

Target of foreclosure fraud lawsuit was ‘controlling the prices of housing here’

By Dan Haugen | 04.02.08 | 6:58 am

A group of plaintiffs that includes the city of Minneapolis, the Family Housing Fund, the Greater Metropolitan Housing Corporation and three neighborhood organizations has announced it plans to file a lawsuit in Hennepin County today accusing a Roseville…

Breaking: Minneapolis to join lawsuit against “fraudulent real estate scheme”

By Dan Haugen | 04.01.08 | 4:34 pm

The city of Minneapolis will join with three north Minneapolis neighborhoods Wednesday to file a lawsuit against “a fraudulent real estate scheme” that has worsened the city’s foreclosure crisis, according to a press release from the mayor’s office.

The mayor’s…

The Twin Cities: A national leader in — vacant housing?

By Molly Priesmeyer | 04.01.08 | 11:36 am

Twin Citians are a proud bunch. We love to profess that our cities are a cut above just about any other cluster on the U.S. map. But there are towns that are beating out Minneapolis-St. Paul in one…

Minnesota and the mortgage crisis: We’ve only just begun

By Molly Priesmeyer | 03.25.08 | 10:32 am

Mortgage fraud. Negative equity. Exotic loans. As the former assistant attorney general for the state of Minnesota and current attorney for the Housing Preservation Project, Mark Ireland has seen his fair share of…

Abandonment issues: North Minneapolis dealt another blow

By Molly Priesmeyer | 03.14.08 | 9:47 am

It’s no secret that North Minneapolis has been hit harder by the mortgage meltdown than any place in Minnesota. While no neighborhood is immune to the housing crisis — million-dollar downtown condos are seeing foreclosures, and so…

House of Shame: Legislators and Citizens Address Emotional, Legal Sides of Predatory Lending

By Paul Schmelzer | 02.27.07 | 4:38 pm

Glarushia Davis blames “Minnesota Nice” — and herself — for falling prey to predatory lenders. A few years ago, she refinanced her mortgage in hopes of using the extra money to get new siding for…