Image for The Parade of Homes Heads to the Rochester Metro Area

The Parade of Homes Heads to the Rochester Metro Area

The Parade of Homes has been a trusted guide for Minnesota’s homebuyers for over 70 years, making it the oldest and largest home tour brand in the country. The Parade of Homes is excited to head to the Rochester area, continuing its mission of helping Minnesotans find the…

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The Top 25 Builders of 2024

ROSEVILLE, MINN.  —  Results from a recent survey by Housing First Minnesota show that Lennar was the region’s top-ranked builder once again in 2024. Lennar has held the top spot since 2006. Rankings are based on annual gross revenue as reported by respondents for for-sale housing. Together, the Top 25 Builders…

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Image for Metro Homebuilding Falters as Mortgage Rates Hinder Market Activity

Metro Homebuilding Falters as Mortgage Rates Hinder Market Activity

Roseville, Minn – The impacts of mortgage rates are beginning to show in the new construction sector. Metro homebuilders pulled 374 permits for single-family homes throughout the month of February – a 9% decline from last year. Multifamily construction saw a sharp decline in activity in February with permits being…

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Twin Cities Residential Construction Continues to Show Strength in New Year

Roseville, Minn – Homebuilders in the Twin Cities started 2025 on a high note. Metro homebuilders pulled 461 permits for single-family homes during January – a 28% increase over the same time last year. Multifamily construction remained largely unchanged year-over-year with 213 units for the month. However, activity was down…

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Image for Housing First Minnesota Names 2025 Board Chair

Housing First Minnesota Names 2025 Board Chair

Housing First Minnesota inducted its 2025 board chair at its annual meeting last month at the Golden Valley Country Club. Tim Fohr, vice president of forward planning for Lennar, was elected to serve as the association’s board chair and will lead a 24-member board during his year-long term. As…

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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…

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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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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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