Housing First Minnesota News Archives - Page 2 of 39

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

July 29, 2022

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

Housing First Minnesota Awards 23 Legislators with Housing Leadership Award

July 14, 2022

Award Recognizes Legislators That Promoted Housing Affordability and Homeownership Opportunities During the 2022 Legislative Session Housing First Minnesota has named 23 Minnesota state legislators as recipients of the 2022 Housing Leadership Award. This honor recognizes legislators who worked to promote housing affordability and homeownership during the 2022 legislative session. “As more and…

Posted in Advocacy, Housing First Minnesota News | Tagged: 2022 legislative session, Homeownership, Housing Affordability, Housing Awards, Housing Leadership Awards, Minnesota Legislature

Housing First Minnesota Names James Vagle as New Executive Director

June 27, 2022

The Housing First Minnesota Board of Directors has appointed James Vagle as its executive director. Vagle is a leader with vision and passion for homeownership in Minnesota who assumes this role with a breadth of homebuilding industry experience spanning over two decades. Vagle was the vice president of advocacy…

Posted in Housing First Minnesota News, Housing Industry | Tagged: Builders Association of the Twin Cities, Homebuilders Association, Housing First Minnesota, James Vagle, Minnesota trade association for residential builders

Permits For New Single-Family Homes in the Twin Cities Hit May Slump

May 27, 2022

While multifamily construction continues to soar ahead, single-family construction shows signs of strain on the market. There were 559 permits pulled for new single-family homes for the month, an 18% drop from May of last year. Permits were pulled for 1,529 multifamily units, more than a 450% increase from last…

Posted in Housing First Minnesota News, Market Information | Tagged: Housing Data Twin Cities, Residential Building Permits, Single-family Construction, Twin Cities Permits

Strong Spring for Twin Cities Homebuilding Activity

April 29, 2022

Multifamily construction in the metro area continued to soar past last year’s pace in April. Single-family construction in the Twin Cities picked up as well, according to the latest permit numbers by the Keystone Report. There were 750 permits pulled for new single-family homes for the month, a 12% increase…

Posted in Housing First Minnesota News, Housing Industry, Market Information | Tagged: April Homebuilding Permits, the keystone report, Twin Cities Home Construction, Twin Cities Permit Data, Twin Cities Permit Numbers

Twin Cities Homebuilding Industry Honors 2022 Spring Award Recipients

April 25, 2022

Housing First Minnesota, the state’s leading voice for the housing industry, is pleased to announce the recipients of its coveted spring awards honoring excellence in homebuilding. This spring’s awards include 19 Reggie Awards℠ for homes selected for outstanding design, construction quality and value, and 36 Trillium Awards for industry suppliers…

Posted in Awards, Housing First Minnesota News | Tagged: Spring Reggie Awards, Spring Trillium Awards

Minnesota Continues to Lead the Nation in Green Homebuilding

April 21, 2022

Minnesota has the lowest average Home Energy Rating System (HERS) Index Score of any state in the country that energy tested over 3,000 homes in 2021, according to Residential Energy Services Network (RESNET). The lower the HERS Index Score, the more energy efficient the home. Minnesota energy tested 9,621…

Posted in Green Homes, Housing First Minnesota News, MN Green Path | Tagged: Energy Efficiency, Energy Tested Home, Green Building, Green Path Home Performance Report, Minnesota's Green Path, RESNET, Sustainable Homes, Twin Cities New Homes

Twin Cities Homebuilding Sails into Spring

March 31, 2022

Multifamily construction roared back into action in March. While single-family construction lagged last March’s permit numbers, it still recorded the second-best March in over 15 years. Permits for new single-family homes in the Twin Cities dropped by 8% in March 2022 with 574 permitted units. Multifamily construction, including townhomes, saw…

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

Twin Cities Homebuilding Cools in February

February 25, 2022

Twin Cities builders pulled permits for the fewest number of housing units for the month of February since 2016. Permits for new single-family homes dropped by 17% in February with 432 permitted units. Large multifamily projects, 17-units or more, saw a 60% drop in the number of permitted units compared…

Posted in Housing First Minnesota News, Housing Industry | Tagged:

Parade of Homes Launches First-Time Homebuyer $10K Giveaway with Spring Event

February 10, 2022

The Parade of Homes, the largest home tour event in the nation, is pleased to announce the launch of the Parade of Homes First-Time Homebuyer $10K Giveaway in conjunction with its spring event. First-time homebuyers who meet the giveaway qualifications can enter the $10K down payment giveaway now…

Posted in Housing First Minnesota News, Parade of Homes | Tagged: 10K First-time homebuyer Giveaway, Downpayment giveaway, First-time homebuyer, Parade of Homes