Year: 2024 Archive

Image for Homebuilding Holds Steady in November

Homebuilding Holds Steady in November

Roseville, Minn – Twin Cities homebuilding continued to show resilience in November. Metro homebuilders pulled 660 permits for single-family homes during the month of November – a 15% increase over the same time last year. Multifamily construction, however, saw a decrease in activity from the previous month. Builders pulled permits…

Posted in Market Information | Tagged:

Image for Fall homebuilding ends on a strong note

Fall homebuilding ends on a strong note

Roseville, Minn – Despite mortgage rates beginning to increase, Twin Cities homebuilding was strong in October. Metro homebuilders pulled 664 permits for single-family homes – a 13% increase over the same time last year. Multifamily construction, however, posted its first year-over-year increase since February. Builders pulled permits for 354 multifamily…

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Image for Housing First Minnesota Honors 2024 Legislators of the Year

Housing First Minnesota Honors 2024 Legislators of the Year

Housing First Minnesota, the state’s leading voice for housing, has recognized Sen. Lindsey Port (DFL-Burnsville) and Rep. Michael Howard (DFL-Richfield) as recipients of the 2024 Legislator of the Year awards. The honor recognizes legislators for their efforts in promoting housing affordability and homeownership opportunities for everyone, everywhere. “During the 2024…

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Image for Minnesota’s Homebuilding Industry Honors its Best at the 2024 Building Industry Gala

Minnesota’s Homebuilding Industry Honors its Best at the 2024 Building Industry Gala

Housing First Minnesota, the state’s leading voice for the housing industry, is pleased to announce the recipients of its coveted 2024 Builder of the Year, Remodeler of the Year, Associate of the Year and other housing awards including 12 Reggie Awards and 16 Remodeler of Merit Awards (ROMAs).   The awards were presented during Housing First Minnesota’s…

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Image for Pace of construction slows in September

Pace of construction slows in September

Twin Cities homebuilding saw a drop in activity in September despite lowering mortgage rates. Metro homebuilders pulled 524 permits for single-family homes during the month of September – a 20% decrease over last year. Multifamily construction also experienced year-over-year declines. Builders pulled permits for just 181 multifamily units in September…

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Image for Fall Remodelers Showcase to Run September 27-29

Fall Remodelers Showcase to Run September 27-29

Housing First Minnesota is proud to present the 2024 Fall Parade of Homes Remodelers Showcase, designed to connect area homeowners with remodelers. The tour lets families see real remodeling projects and learn how remodeling can help them remain in their community when their homes no longer fit…

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Image for Twin Cities home construction ends summer on a positive note

Twin Cities home construction ends summer on a positive note

Roseville, Minn – Homebuilding in the Twin Cities maintained its steady pace in August despite stubborn, high mortgage rates continuing to impact activity. Metro homebuilders pulled 586 permits for single-family homes during the month of August. This is a 3% increase over last year and a 30% increase from July.

Posted in Market Information | Tagged: Permits

Image for The Fall Parade of Homes Opens September 6

The Fall Parade of Homes Opens September 6

Housing First Minnesota proudly presents the 2024 Fall Parade of Homes. With over 75 years of legacy in the metro area, the Twin Cities Parade of Homes has been the go-to resource for Twin Cities’ families to discover, free of charge, the wide range of homes and neighborhoods. This fall,…

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Image for Housing First Minnesota PAC Announces Legislative Endorsements

Housing First Minnesota PAC Announces Legislative Endorsements

Housing First Minnesota’s Political Action Committee (PAC) is proud to endorse 44 candidates for election and re-election to the Minnesota legislature. Housing First Minnesota’s PAC endorsement reflects each candidate’s demonstrated commitment to a vibrant housing market that ties together the communities of our great state. These leaders share our goals of providing…

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