Minneapolis Real Estate News
Minneapolis
U.S. Home Builders Express Optimism for 2025
Builder sentiment remained consistent at the close of 2024, as elevated home prices and mortgage rates balanced builders' optimism about a potential improvement in the regulatory business environment by 2025.
Tech, AI Industries Drive Largest Share of Office Leasing Activity in U.S.
CBRE's latest Tech-30 report shows that the tech industry boosted its share of U.S. office leasing to 18% in the first three quarters of this year, partly fueled by companies involved in artificial intelligence (AI).
Mortgage Rates Hit 7 Percent One Week Before U.S. Presidential Election
According to national property broker Redfin, a U.S. homebuyer on a $3,000 monthly budget has lost $33,250 in purchasing power over the last six weeks, with the daily average 30-year fixed mortgage rate rising to 7% on October 28, 2024.
One in Five Americans Had a Political Disagreement with a Neighbor in 2024
As Americans now head to polling stations across the country, political divisions appear more entrenched than ever.
