Monday, February 24, 2014

New Report Provides Details of North Minneapolis Housing Conditions

A detailed neighborhood analysis of housing conditions in North Minneapolis done by the Minneapolis Fed provides a good picture on the opportunities and challenges there. Overall the report found: "the housing market in North Minneapolis varies from neighborhood to neighborhood and even from block to block. In general, the housing market in the northwest area of North Minneapolis is more established while the southeast area’s is more vulnerable; however, many of the
neighborhoods register a diverse “micro” housing market, with blocks falling on the
entire HMI spectrum"
. During 2006 to 2012 houses in North Minneapolis dropped on average by more than a third. View the report at

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