No June swoon for local homebuilders
Builders pulled permits for more than 900 new housing units throughout the Twin Cities in June, with much of the activity coming from a large apartment development in Minneapolis.
View ArticleNew United unit quietly buys home sites
United Properties, known as a commercial property developer and investor, is emerging as a player in residential development through its Meridian Land Co. subsidiary.
View ArticleSale of Edina home to benefit St. Thomas real estate programs
A four-bedroom house under construction in Edina is at the center of a plan to raise money for University of St. Thomas real estate programs and teach aspiring real estate professionals about the...
View ArticleSingle-family homebuilding stays hot in July
So far in July, builders have pulled permits for 509 new single-family dwellings, the most in any month since June 2007.
View ArticleToll Brothers closes on Medina land
Toll Brothers’ Minnesota division has acquired the 80-acre property it needs for a planned residential development in Medina, a metro area suburb that has seen a surge in single-family construction in...
View ArticleHomebuilding heats up in August
So far in August, 553 permits have been issued for 1,174 new housing units in the Twin Cities, up from 426 units for 950 units during the same five-week period a year ago, according to the Keystone...
View ArticleTwin Cities’ Fall Parade of Homes gets bigger
After years of declines, participation in the Builders Association of the Twin Cities’ Fall Parade of Homes – a major marketing extravaganza for area homebuilders -- is up for the second year in a row.
View ArticleHousing permits, units keep climbing
Local homebuilders stayed busy in September, although the rate of growth in permits slipped a bit compared with last month’s activity.
View ArticleBuilders rake in single-family permits in October
Twin Cities homebuilders stayed busy in October with permits for 538 new houses.
View Article2013 sees more growth for Twin Cities builders
Twin Cities homebuilding continues to inch closer to pre-recession levels as demand for apartments and a surge in single-family construction led to an overall uptick in permitted units in 2013.
View ArticleMaple Grove rides residential building wave
The northwest suburb saw a total of 608 permitted residential units last year, according to a report from the Builders Association of the Twin Cities.
View ArticleTop Residential Transactions: Lennar wraps up Ridgestone in Woodbury
Latha and Vasanthe Polambeddy closed Nov. 15 on a $533,491, two-story home at 3290 Arden Plaza in the Ridgestone community in Woodbury.
View ArticleJust Sold: Maple Grove townhomes to get makeover
Twin Cities Housing Development Corp. has paid $2 million to acquire the 32-unit Hickory Ridge townhomes.
View ArticleD.R. Horton 1Q net jumps 86 percent
D.R. Horton, the largest U.S. homebuilder, said it saw “pricing power across most of our markets and increased demand from move-up buyers.”
View ArticlePlanned housing units up 37% in January
Twin Cities homebuilding activity is off to a fast start in 2014, but the prospects for sustained growth in 2014 are tempered by concerns about labor costs and the overall economy.
View ArticlePulteGroup profit jumps in fourth quarter
PulteGroup Inc. reported fourth-quarter earnings more than tripled as it raised prices and trimmed costs.
View ArticleJudge: Agency can require sprinklers in new homes
The ruling is a setback for Minnesota homebuilders in their yearslong campaign against mandatory fire sprinklers in single-family homes.
View ArticleMultifamily permits up, single-family down
Amid a bitterly cold Minnesota winter that won’t go away, residential construction activity in the Twin Cities was mixed in February.
View ArticleU.S. housing starts little changed in February
Warmer temperatures, a pickup in demand during the spring selling season and limited housing supply may help fuel further gains.
View ArticleNew fire sprinkler legislation gets mixed reviews
Prospective new homebuyers in Minnesota will get an earful of information about fire sprinklers if a new bill becomes law.
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