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November Hot Sheet

In the Hot Sheet: Nationwide housing production rose 3.6 percent in October to a seasonally adjusted annual rate of 894,000 units, according to the U.S. Commerce Department. This is the highest pace of new-home construction since July of 2008. “This report is in line with our latest builder surveys, which…

Posted in Advocacy, General, Housing First Minnesota News, Market Information | Tagged: BATC, Hot Sheet, November Hot Sheet, Parade of Homes, Public Policy

Image for Twin Cities’ Residential Construction Continues Strong in November 2012

Twin Cities’ Residential Construction Continues Strong in November 2012

Twin Cities residential housing continues to rebound in 2012, with November permits showing a nearly three-fold increase over November of 2011. At 68 percent of the units permitted in November, multi-family construction remains very healthy. Single family home construction also continues to show strength, running about two-times higher than last…

Posted in Housing First Minnesota News, Market Information | Tagged: Builders Association of the Twin Cities, Home Builders, new homes, Permit Data, Residential Construction Permits, Twin Cities

Image for Residential Construction surged in October 2012

Residential Construction surged in October 2012

The regional housing market continues to show strength as total units permitted to date this year are up 96 percent from 2011. The total was helped by 844 units in five large multi-family residential projects which pushed October’s units permitted higher than any September since 2005, and a whopping 247…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC, new homes, Permit Data, Residential Construction Permits

Image for BATC Honors Four State Legislators

BATC Honors Four State Legislators

Warren Limmer, Joyce Peppin, Mike Beard and David Senjem named BATC Legislators of the Year The Builders Association of the Twin Cities (BATC) recognized four state legislators during their annual fall Awards of Excellence Gala held at the Marriott Southwest Hotel on Saturday, October 13th as Legislators of the Year.

Posted in Advocacy, Awards, Housing First Minnesota News | Tagged: Awards, BATC, Builders Association of the Twin Cities, David Senjem, Joyce Peppin, Legislator of the Year, Mike Beard, Warren Limmer

Image for BATC Honors its Best at 2012 Awards Gala

BATC Honors its Best at 2012 Awards Gala

Winners of the Reggie Awards℠, Trillium Awards℠, Builder of the Year, Associate of the Year and more were Named At a red carpet gala on Saturday, October 13th, the Builders Association of the Twin Cities (BATC) honored its top firms and individuals for excellence in home building. Held at the…

Posted in Awards, Housing First Minnesota News | Tagged: Awards, BATC Foundation, Builder of the Year, Builders Association of the Twin Cities, David Senjem, Joyce Peppin, Legislator of the Year, Mike Beard, new homes, Parade of Homes, Reggie Award, Trillium Awards, Twin Cities, Warren Limmer

Image for Twin Cities’ Residential Construction Showed Continued Strength in September

Twin Cities’ Residential Construction Showed Continued Strength in September

FOR IMMEDIATE RELEASE September was a good month for new residential construction in the Twin Cities. Almost 90 percent more units were permitted in September 2012 than in September 2011. And, September had the third highest number of units permitted this year, behind only July and August. According to statistics…

Posted in Market Information | Tagged: BATC, Builders Association of the Twin Cities, Permit Data, Residential Construction Permits