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Housing market: good news, bad news

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Home for sale sign
A Remax sign sits in front of a home for sale in Brainerd, Minn.
MPR Photo/Tom Robertson

The housing sector of the economy continues to send mixed signals about its recovery from the market bust of a couple of years ago.

Recent studies in the Twin Cities have found home prices are up, but a large inventory of foreclosed properties are slowing the rise.

We'll look at what the indicators mean and ask whether there's any encouraging trends.

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Home for sale sign
A Remax sign sits in front of a home for sale in Brainerd, Minn.
MPR Photo/Tom Robertson