Annie Baxter Feature Archive

Job gains in the professional and business services sector led all others last month with 3,500 new jobs. (04/17/2014)
In March, the median sales price rose to $190,000. Half the homes sold in the Twin Cities fetched more; half sold for less. The median sales price has posted annual gains for 25 straight months. (04/10/2014)
The head of the Federal Reserve Bank of Minneapolis says the Fed is "undershooting" and "underperforming" on its goals of promoting price stability and maximum employment. (04/08/2014)
DFL State Rep. Phyllis Kahn failed to win endorsement for a 22nd term at her district convention Saturday in Minneapolis. (04/05/2014)
Those who survived the worst of it are now enjoying a rebound. Many of the foreclosures that flooded the region in the Great Recession have been wrung from the market. That's put the supply of used homes for sale at a 10-year low, according to the Minneapolis Area Association of Realtors. (04/02/2014)
The broader index of 20 major metro areas was up by about 13 percent over the same period last year. (03/25/2014)
Fair-market rent for a modest, two-bedroom rental in Minnesota is about $850 and full-time workers would have to earn $16.50 per hour to afford it, according to Minnesota Housing Partnership, one of the groups that released the report in conjunction with the National Low Income Housing Coalition. (03/24/2014)
Researchers found that local labor markets are growing more uniform and less specialized. There aren't very many places like Silicon Valley boasting a strong concentration of one kind of job. (03/21/2014)
Sales to Canada, the state's largest export market, were down 7 percent in the fourth quarter. Overall export numbers for the full year 2013 were down slightly, the trade office said. (03/18/2014)
The median sales price for a Twin Cities home climbed to about $183,000 in February, up 14 percent compared to the same month last year. But other measures of the housing market tumbled. (03/12/2014)
Minorities in Minnesota may face many hurdles to buying a home. With lower educational attainment, income and savings rates than their white counterparts, some people of color may be less likely to qualify for mortgages -- or to apply for them. (03/11/2014)
Pending home sales in the Twin Cities were sluggish for at least half the month of February, according to preliminary reports from the Minneapolis Area Association of Realtors. (03/08/2014)
At the end of 2013, about 10 percent of mortgaged properties were "underwater," down from about 16 percent a year earlier. (03/06/2014)
Only a handful of states produced a greater number of online job ads, said Steve Hine, Minnesota's chief labor market analyst. (03/05/2014)
Lenders are struggling to increase profits, in part because loan growth is lackluster, said Ron Feldman, executive vice president at the Federal Reserve Bank of Minneapolis. (03/04/2014)