Minneapolis - Real Estate Investor Pulse

Minneapolis Brokerage Opens First Office in Florida

April 8, 2024 Mariel Alumit Comments Off

A Minneapolis-based brokerage is catering to Minnesota residents heading south for the warmer weather by opening its first office in Florida. The Star Tribune reported Edina Realty established its Florida presence in Naples, roughly an hour’s drive […]

A new solar model is bringing bigger savings to renters in Minneapolis

March 14, 2023 Mark Paul Cervantes Comments Off

A Twin Cities solar co-op and affordable housing group are piloting a new approach to helping renters benefit from solar. Cooperative Energy Futures recently completed rooftop solar installations on five Minneapolis apartment buildings owned by […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]