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Bell Mortgage's retired owner remembers his roots, steps up focus on homelessness and needy kids

Bell Mortgage's retired owner remembers his roots, steps up focus on homelessness and needy kids
startribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from startribune.com Daily Mail and Mail on Sunday newspapers.

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How North Dakota-based Alerus Financial built a sizable Minnesota franchise

How North Dakota-based Alerus Financial built a sizable Minnesota franchise
February 19, 2021 2:30pm
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A North Dakota-based financial-services firm, fresh off a 2020 initial public offering of stock and record earnings, is getting most of its growth from the Twin Cities.
Grand Forks-based Alerus Financial, once known as the First National Bank of Grand Forks, has quietly built a sizable Minnesota franchise. The state is also home to several of its top executives and half of the 800 employees.
The company, which has grown organically as well as through acquisitions of specialty financial firms, just reported 2020 earnings growth that rose 51% to $44.7 million. Revenue in commercial loans, mortgages, retirement-and-wealth management products rose in double-digit percentages. ....

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How North Dakota-based Alerus Financial built a sizable Minnesota franchise

How North Dakota-based Alerus Financial built a sizable Minnesota franchise
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Housing market frenzy continues in Twin Cities and across country

Created: January 19, 2021 04:54 PM
Finding a house in the suburbs right now can be challenging. It’s part of the housing market buying frenzy being seen across the country.
The number of homes being sold across the country is going up during the pandemic. Zillow reports it s one of the highest increases in sales since 1983.
Zillow also reports that, in the last year, the average home price in Minnesota has gone up by 6.6%. That brings the typical home value to more than $277,000. They also predict home values will rise another 10% in the next year.
Even so, historically low mortgage rates are making it an extremely competitive market for homebuyers, especially in the suburbs. ....

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