Housing First Minnesota News

Image for Parade of Homes marks 75 years of celebrating homeownership

Parade of Homes marks 75 years of celebrating homeownership

Roseville, MN – Housing First Minnesota is proud to announce the 75th annual celebration of the Parade of Homes. Since its inception, the Parade of Homes has played a pivotal role in guiding Minnesota families in their homebuying process by showcasing new construction homes and the builders, remodelers, and trade…

Posted in Housing First Minnesota News, Parade of Homes | Tagged: Anniversary, Home Tour, Parade of Homes

Image for Twin Cities Homebuilding Continues Its Slump in April

Twin Cities Homebuilding Continues Its Slump in April

Homebuilding continues to lag in the Twin Cities even as the metro faces a stark shortage of homes. Twin Cities builders pulled permits for 386 single-family homes in April, a 38% drop from this time last year. Multifamily construction continued its downward trend with permits pulled for 240 units, an…

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

Image for Twin Cities Homebuilding Activity Remains Sluggish in February

Twin Cities Homebuilding Activity Remains Sluggish in February

Permits for new single-family homes fell by 50% in February Homebuilding activity remained lackluster in February as mortgage rates continue to hold back the housing market. Twin Cities builders pulled permits for 217 single-family homes in February, a 50% drop from this time last year. Multifamily construction in the Twin…

Posted in Housing First Minnesota News, Market Information | Tagged: Housing First Minnesota, Multifamily construction, Single-family Construction, Twin Cities Homebuilding, Twin Cities Housing Market

Image for Slow Start to 2023 for Twin Cities Homebuilders

Slow Start to 2023 for Twin Cities Homebuilders

Permits for new single-family homes fell by 46% Twin Cities homebuilding activity continues to stall as mortgage rates hold homebuyers on the sidelines. Metro builders pulled permits for 328 single-family homes in January, a 46% drop from January of last year. Multifamily construction in the Twin Cities hit…

Posted in Housing First Minnesota News, Market Information | Tagged: Housing First Minnesota, Housing Market Data, James Vagle, John Quinlivan, Residential Building Permits, Twin Cities Homebuilders, Twin Cities Housing Data, Twin Cities Housing Market

Image for Housing First Minnesota Names John Quinlivan its 2023 Board Chair

Housing First Minnesota Names John Quinlivan its 2023 Board Chair

Housing First Minnesota inducted its 2023 board chair at its annual meeting held last week  the Minneapolis Golf Club. John Quinlivan, founder of Gordon James Construction based in Maple Plain, was elected to serve as the association’s board chair for 2023 and will lead a 17-member board during his year-long…

Posted in Housing First Minnesota News | Tagged: Housing First Minnesota, Housing First Minnesota Board Chair, Housing First Minnesota Board of Directors, John Quinlivan, Twin Cities Housing Industry

Image for Homebuilding Cooldown Continues in November

Homebuilding Cooldown Continues in November

Permits for new Twin Cities single-family homes fell 37% in November Uncertain economic conditions and interest rates continue to have a chilling impact on homebuilding activity. For the month of November, homebuilders pulled permits for 389 new single-family homes, a 37% drop from last year. Multifamily construction activity…

Posted in Housing First Minnesota News, Market Information, Uncategorized | Tagged: Homebuilding permits, Housing Data Twin Cities, November Housing Permits, Residential Housing permits, Twin Cities Building Market

Image for Minnesota’s Homebuilding Industry Honors Award Recipients at the 2022 Building Industry Gala

Minnesota’s Homebuilding Industry Honors Award Recipients at the 2022 Building Industry Gala

Housing First Minnesota, the state’s leading voice for the housing industry, is pleased to announce the recipients of its coveted 2022 Builder of the Year, Remodeler of the Year, Associate of the Year and other housing awards including 20 Reggie Awards and 18 Remodeler of Merit Awards (ROMAs).   The awards were…

Posted in Awards, Housing First Minnesota News | Tagged: Associate of the Year, Bennie Award, BIG Night, Builder of the Year, Building Housing Firs, Housing First Minnesota Awards, Minnesota Green Path Award, Minnesota Housing Industry, Reggie Awards, Remodeler of Merit Awards, Remodeler of the Year, Rising Star Award, Robert L. Hanson Lifetime Achievement Award, Trillium Awards

Image for Homebuilding Activity Continues to Slump as Twin Cities Homebuyers Struggle With Affordability and Interest Rates

Homebuilding Activity Continues to Slump as Twin Cities Homebuyers Struggle With Affordability and Interest Rates

Rising interest rates continue to have a major impact on homebuilding in the Twin Cities. For the month of October, homebuilders pulled permits for 276 new single-family homes, a 54% drop from last year. Multifamily construction also slumped in October, with permits pulled for 460 units, a 60% drop from…

Posted in Housing First Minnesota News, Market Information | Tagged:

Image for Twin Cities Homebuilding Continues Cool Down in August

Twin Cities Homebuilding Continues Cool Down in August

It was another slow month for Twin Cities homebuilders as permits for new single-family homes continue to fall. For the month, builders pulled 344 permits for new single-family homes, a 28% drop from last August. Multifamily construction slowed from the high pace of the previous months this year, but it…

Posted in Housing First Minnesota News, Market Information | Tagged: Housing permits, Housing Units, Minnesota Housing Market, Permit Numbers, Twin Cities Homebuilding, Twin Cities Housing Market, Twin Cities Residential Permits

Image for Twin Cities Single-Family Homebuilding Slows as Rates and Affordability Impact the Market

Twin Cities Single-Family Homebuilding Slows as Rates and Affordability Impact the Market

Permits for new single-family homes in the Twin Cities metro continue to slow as homebuilders see more buyers impacted by higher interest rates and affordability. At the same time multifamily construction has surged ahead in the metro area, now making up nearly 70% of permitted housing units year-to-date. For the…

Posted in Housing First Minnesota News, Housing Industry | Tagged: Homebuilding, Housing Market Data, July Construction Permits, Twin Cities Housing Permits

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