Year: 2015 Archive

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December Hot Sheet

Inside the December Hot Sheet “Sales this year are running 15.7 percent ahead of 2014. With a firming job market, affordable home prices, and rising pent-up demand, today’s report is another indicator that the housing market continues to move on a modest upward trajectory.” – NAHB Chief Economist, David Crowe…

Posted in Housing First Minnesota News, Market Information | Tagged: 2015 Hot Sheet, December Hot Sheet, Housing Data, Housing Economy, Twin Cities Housing Market

Image for Twin Cities Gets a Residential Construction Boost in November

Twin Cities Gets a Residential Construction Boost in November

Roseville, MN (November 30, 2015) – Several large multi-family projects in Minneapolis gave Twin Cities residential construction a boost in November. Multi-family units accounted for 73 percent of the month’s total activity and brought the total number of year to date units to the plus side (up .5 percent). Single-family…

Posted in Market Information | Tagged: BATC, Housing Data, Housing Economy, Twin Cities Housing Market

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November Hot Sheet

INSIDE THE NOVEMBER HOT SHEET “It is not surprising to see sales pull back in September following a strong August reading, especially after a few months of weak job creation. However, new-home sales year-to-date are up 17.6 percent compared to the same period of 2014, and we expect the market…

Posted in Housing First Minnesota News, Market Information | Tagged: 2015 Hot Sheet, Builders Association of the Twin Cities, Housing Data Twin Cities, Housing Economy, Housing Market

Image for Twin Cities Home Building Activity Continues Slow Pace

Twin Cities Home Building Activity Continues Slow Pace

Roseville, MN (October 28, 2015) – With a drop in the number of permits pulled in October, Twin Cities residential construction fell two percent when comparing year to date statistics over last year. For 2015, single-family permits remain relativity flat, down only one percent from the same time period in…

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

Image for Builders Association of the Twin Cities Honors its Best at the 2015 Building Industry Gala

Builders Association of the Twin Cities Honors its Best at the 2015 Building Industry Gala

ROSEVILLE, MINN (October 23, 2015) — Over 600 Builders Association of the Twin Cities (BATC) members attended the industry’s biggest event of the year, a red carpet Awards Gala on Thursday, October 22nd. The gala was held at Mystic Lake Casino Event Center with singer/songwriter and Cities 97 DJ, Keri Noble,…

Posted in Awards, General, Housing First Minnesota News | Tagged: Associate of the Year, BATC, Builder of the Year, Builders Association of the Twin Cities, Building Industry Gala, Reggie Awards, Remodeler of Merit Awards, Remodeler of the Year, ROMA Awards

Image for MINNESOTA COURT OF APPEALS INVALIDATES HOME INDOOR FIRE SPRINKLER MANDATE

MINNESOTA COURT OF APPEALS INVALIDATES HOME INDOOR FIRE SPRINKLER MANDATE

Court’s decision is a victory for all Minnesotans who are looking to buy a new home ROSEVILLE, MN (October 13, 2015)– The MN Court of Appeals released its decision Tuesday in the Builders Association of the Twin Cities (BATC) v. Department of Labor and Industry (DLI) case regarding the appropriateness…

Posted in Advocacy, Housing First Minnesota News | Tagged: BATC, DLI, Home Indoor Sprinkler Mandate, MN Court of Appeals

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Volunteer Day to Help Finish Mortgage Free Home for Wounded Veteran

ROSEVILLE, MINN. (October 2, 2015) The BATC Foundation, in partnership with Homes for Our Troops, is holding a volunteer day Saturday, October 3rd, to help finish off a specially adapted home for Army Veteran Marco Solt who was injured while serving in Afghanistan. The home is in the final stages and…

Posted in Housing First Minnesota Foundation | Tagged: Accent Homes, BATC Foundation, Homes for our Troops, Marco Solt

Image for While Home Building Soars Nationally Twin Cities Residential Construction Remains Flat

While Home Building Soars Nationally Twin Cities Residential Construction Remains Flat

Roseville, MN (September 30, 2015) – Markets across the country are seeing a strong rise in new home building, but here in the Twin Cities, residential construction remains slow and steady. For September, single-family permits were down six percent when compared to this month last year, and multi-family permits were…

Posted in Housing First Minnesota News, Market Information | Tagged: Builders Association of the Twin Cities, Chris Contreras, Housing Data, Twin Cities Housing

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September Hot Sheet

  “This month’s drop in the more volatile multifamily side is a return to trend after an unusually high June. While mul- tifamily production has fully recovered from the downturn, single-family starts are improving at a slow and sometimes intermittent rate as consumer confidence gradually rebounds. Continued job and economic…

Posted in Market Information | Tagged: 2015 Hot Sheet, Housing Data Twin Cities, September Hot Sheet

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