Year: 2017 Archive

Image for 2017 Marks Best Year in a Decade for Twin Cities Home Builders

2017 Marks Best Year in a Decade for Twin Cities Home Builders

Roseville, Minn. (Dec. 27, 2017) – Single-family construction ended the year on a high note, with a 36 percent increase in production over December 2016. Multi-family activity also had a very strong month with a 1,100 percent increase in units. Twin Cities residential construction ended 2017 with 6,113 permits pulled…

Posted in Housing First Minnesota News, Market Information | Tagged: 2017 Permit Numbers, December Permit Numbers, Twin Cities Housing Market, Twin Cities Residential Construction

Image for Housing First Minnesota Statement on the Passage of the Tax Bill In The U.S. House of Representatives

Housing First Minnesota Statement on the Passage of the Tax Bill In The U.S. House of Representatives

Housing First Minnesota Executive Director David Siegel issued the following statement on the passage of the tax bill today in the U.S. House of Representatives: “Tax deductions that reward and encourage homeownership are vital to a strong housing market. While the bill passed today is an improvement over the initial…

Posted in Advocacy | Tagged: Housing First Minnesota, Mortgage Interest Deduction, Tax Bill, U.S. Tax Reform

Image for Artisan Home Tour and NFL Alumni Present an Exclusive Home Tour

Artisan Home Tour and NFL Alumni Present an Exclusive Home Tour

Tour Four Spectacular Homes on Superbowl Weekend Followed by Lunch/Reception Hosted by NFL Alumni The Builders Association of the Twin Cities, producer of the Artisan Home Tour, and NFL Alumni have partnered to present the NFL Alumni Artisan Home Tour. The exclusive event will…

Posted in General, Housing First Minnesota Foundation, Housing First Minnesota News | Tagged: Artisan Home Tour, BATC, BATC Foundation, Darrell Thompson, Kurt Knoff, Matt Blair, NFL Alumni

Image for Renewed Surge in Residential Construction in November

Renewed Surge in Residential Construction in November

Roseville, Minn. (Nov. 30, 2017) – After a flat October, Twin Cities home builders made up for it in November. The number of single-family permits pulled in November spiked to 586, increasing 30 percent over November last year. Multifamily construction had its best month this year with 1,306 permitted units,…

Posted in Housing First Minnesota News, Market Information | Tagged: Builders Association of the Twin Cities, Housing First Minnesota, Minnesota Housing Market, Single-family Construction, Twin Cities Housing Market, Twin Cities Permit Data

Image for The November Hot Sheet

The November Hot Sheet

INSIDE THE NOVEMBER HOT SHEET The sharp rise in multi-family construction underscores the power of regulatory reform. Legislation encouraging homeownership, including cost protections for new-home buyers, will continue to be the top priority for Minnesota’s housing industry.” – Bob Michels, Housing First Minnesota President DOWNLOAD THE NOVEMBER HOT…

Posted in Housing First Minnesota News, Market Information | Tagged: The November Hot Sheet, Twin Cities Housing Data, Twin Cities Housing Market

Image for The Homebuilding Industry Honors its Best at the 2017 Building Industry Gala

The Homebuilding Industry Honors its Best at the 2017 Building Industry Gala

More than 850 Attend BATC-Housing First Minnesota’s BIG Night The Builders Association of the Twin Cities (BATC)-Housing First Minnesota’s held its biggest event of the year, the red carpet Awards Gala Thursday at Mystic Lake Casino Event Center. More than 800 home building industry members attended and more than 150 awards were…

Posted in Awards, Housing First Minnesota News | Tagged: Associate of the Year, BIG Night, Builder of the Year, Reggie Award, Remodeler of the Year, ROMA Awards, Trillium Awards

Image for Twin Cities Homebuilders Increase Townhome Production

Twin Cities Homebuilders Increase Townhome Production

Roseville, Minn. (Oct. 26, 2017) – Multi-family construction spiked upwards from this time last year, with 670 permitted units, up 69 percent from October of last year. So far, this year townhome units have increased by 65 percent, but still only make up 6 percent of new residential construction. The number…

Posted in Housing First Minnesota News, Market Information | Tagged: Permit Data, Residential Building Permits, Twin Cities Building Stats, Twin Cities Housing Market

Image for The Builders Association of the Twin Cities-Housing First Minnesota to Honor the Best in the Home Building Industry

The Builders Association of the Twin Cities-Housing First Minnesota to Honor the Best in the Home Building Industry

More than 850 home building industry members to attend the Builders Association of the Twin Cities-Housing First Minnesota’s biggest event of the year, their red carpet awards gala the BIG Night on Thursday, October 26th at the Mystic Lake Casino and Hotel. More than 100 companies will be recognized for…

Posted in Awards, Housing First Minnesota News | Tagged: Associate of the Year, BIG Night, Builder of the Year, Reggie Award, Remodeler of the Year, ROMA Awards, Trillium Awards

Image for Twin Cities Residential Construction Permits Remains At 10-Year High

Twin Cities Residential Construction Permits Remains At 10-Year High

Coming off its best summer since 2006, the Twin Cities saw continued growth in new home permits in September. The number of residential building permits pulled in September soared 14.25 percent to 601 units compared to 526 in 2016. In September, the number of single-family permits rose 10 percent, with…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Residential Housing permits, Twin Cities New Homes

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