housing

WASHINGTON (AP) - A new report finds the housing bust and the surge in foreclosures that followed has led to a fundamental shift in the makeup of renters, nearly 51 percent of whom are now older than 40.

Rochester, MN (KROC AM News) - Olmsted County property owners will see a new charge on their tax bill next year.

Rochester, MN (KROC AM News) - Advocates of an effort to deal with affordable housing issues facing the Rochester area were given a boost Tuesday when the Olmsted County Board voted in favor of establishing a new government entity that has taxing authority.

WASHINGTON (AP) — U.S. homebuilders ramped up construction in April to the fastest pace in nearly seven-and-a-half years, hinting at newfound momentum for an economy that has struggled in recent months.

Rochester, MN (KROC AM News) - The Rochester City Council is scheduled to discuss the Rec Center/Senior Center project during its committee meeting Monday.

Rochester, MN (KROC AM News)-  The plans for a proposed large apartment complex near the Eastwood Golf Course in southeast Rochester are currently under review.

Steve Borchardt is with the Rochester Area Foundation and came on the radio this morning to talk about the Maxfield Research study on housing for Olmsted County.  It was sponsored by the County, Mayo Clinic and the Rochester Area Foundation.