Year: 2013 Archive

Image for Twin Cities Residential Construction Surpasses 10,000 units in 2013, a First Since 2006

Twin Cities Residential Construction Surpasses 10,000 units in 2013, a First Since 2006

For the first time since 2006, the Twin Cities region permitted over 10,000 residential units this year, an increase of 14 percent over 2012. About half of the total permitted units were in multi-family dwellings, which was about four percent higher than in 2012. Single-family construction continued to show strong…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, New Home Construction, Pamela Belz, Residential Permits

Image for November Hot Sheet

November Hot Sheet

INSIDE THE NOVEMBER HOT SHEET: Just-released permit statistics showed that residential construction in the Twin Cities region remains strong. Single-family homes for the month (538) helped push the numbers up, showing an almost 40 percent increase over permits for single family homes in October 2012 (386). Year-to-date activity continues to…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet 2013, Building Industry, Hot Sheet, Housing Market, November Hot Sheet, Twin Cities Housing, Twin Cities Housing Market, Twin Cities Residential Construction

Image for Twin Cities Residential Construction on Pace to reach nearly 10,000 units in 2013.

Twin Cities Residential Construction on Pace to reach nearly 10,000 units in 2013.

Despite a nearly 50 percent drop in planned units from November 2012 to November 2013, overall, residential construction in the region remains quite stable. The reduction can be attributed to fewer multi-family units permitted, as single-family homes were up by four percent for the same period. So far this year,…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Pamela Belz, Residential Housing permits

Image for BATC Foundation Raises over $87,000 in fall 2013 to Continue Their Mission

BATC Foundation Raises over $87,000 in fall 2013 to Continue Their Mission

BATC Awards Gala, BATC Golf Open, the new Builders WareHouse, plus Fall Parade of Homes Dream Homes Help the BATC Foundation Raise Funds The BATC Foundation, the charitable arm of the Builders Association of the Twin Cities (BATC) has had a successful fall, raising over $87,550 to continue their efforts…

Posted in Housing First Minnesota Foundation, Housing First Minnesota News | Tagged: AMALIA G. Inc., BATC, BATC Foundation, Builders Association of the Twin Cities, Cates Fine Homes, Charles Cudd De Novo, Divine Custom Homes, Elevation Homes, Lafayette Club, Legends Golf Club, Nor-Son, Rebuilding Together Twin Cities, Special Spaces Minneapolis

Image for October Hot Sheet

October Hot Sheet

“A spike in mortgage interest rates along with the paralysis in Washington that led to the government shutdown and uncertainty regarding the nation’s debt limit have caused builders and consumers to take pause. However, interest rates remain near historic lows and we don’t expect the level of rates to have…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet, Building Industry Hot Sheet, Hot Sheet, Housing Market, October Hot Sheet 2013

Image for Twin Cites Residential Construction Permitting Remained Strong in October 2013

Twin Cites Residential Construction Permitting Remained Strong in October 2013

Just-released permit statistics showed that residential construction in the Twin Cities region remains strong. Single-family homes for the month (538) helped push the numbers up, showing an almost 40 percent increase over permits for single family homes in October 2012 (386). Year-to-date activity continues to surpass 2012, up 29…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, new homes, Pamela Belz, Residential Construction Permits

Image for Home Builders Oppose Home Indoor Sprinkler Mandate for Single Family Homes in Proposed Building Code

Home Builders Oppose Home Indoor Sprinkler Mandate for Single Family Homes in Proposed Building Code

The Builders Association of the Twin Cities (BATC), alongside the Builders Association of MN and other business groups strongly opposes the costly and unnecessary home indoor sprinkler mandate included in the draft of the updated residential building code released today by the Minnesota Department of Labor and Industry (DLI).

Posted in Advocacy, Housing First Minnesota News | Tagged: BATC, Builders Association of Minnesota, Builders Association of the Twin Cities, Building Codes, Governor Mark Dayton, Home Indoor Sprinkler Mandate, MN Department of Labor and Industry, Unsession

Image for BATC Honors its Best at the 2013 Awards of Excellence Gala

BATC Honors its Best at the 2013 Awards of Excellence Gala

A full house at a red carpet Awards Gala on Thursday, October 24th, suggests the Twin Cities housing market continues to gain strength. The Builders Association of the Twin Cities (BATC) honored its top firms and individuals for excellence in home building last evening at the Lafayette Club in Minnetonka…

Posted in Awards, Housing First Minnesota News, Parade of Homes | Tagged: Amaris Homes, Association Excellence Awards, BATC, Bob Bennett, Builders Association of the Twin Cities, Curt Christensen, Divine Custom Homes, Donnay Homes, Fireside Hearth & Home, Home Building, Homes by Tradition, Ian Peterson, Imperial Homes, John Kraemer & Sons, K.A. Witt Construction, Lee Lyn Construction, Lowell Pratt, Lyman Lumber, MC Custom Homes, Michael Nelson, Pamela Belz, Paulson Construction, Pratt Homes, Pulte Homes of Minnesota, Reggie Awards, Semler Construction, Swanson Homes, Trillium Awards, Zawadski Homes

Image for Multi-Family Permits Push Twin Cities Residential Construction to Triple Digit Growth in September 2013

Multi-Family Permits Push Twin Cities Residential Construction to Triple Digit Growth in September 2013

While single-family construction continues to do well — showing a 22 percent increase in September 2013 over September 2012 — a surge in multi-family construction put units permitted in 2013 at the highest point in eight years. The 1,424 units permitted in September was just behind 1,445 units permitted in…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Pamela Belz, Residential Housing permits

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