Housing First Minnesota News Archives - Page 7 of 39

Twin Cities Home Building Permits Hit 4-Year Low in March

March 28, 2019

The Twin Cities saw the fewest number of residential construction permits pulled for the month of March since 2015. Both single-family and multifamily permitted units fell by double digits. Single-family units fell to 339, a 12 percent drop from the 389 units in March of 2018. With permits pulled for…

Posted in Housing First Minnesota News, Market Information | Tagged: 2019 Residential Permits, March Housing Permits

Lennar Tops the 2018 List of Twin Cities Builders

March 21, 2019

Results from a recent survey by Housing First Minnesota show that Lennar – Minneapolis/St. Paul was the region’s top ranked builder once again in 2018. Lennar has held the top spot since 2006. Rankings are based on annual gross revenue as reported by respondents for for-sale housing. Lennar reported gross…

Posted in Housing First Minnesota News, Market Information | Tagged: Batc-Housing First Minnesota, Lennar, Top 25 Builders List

Home Building Activity Cools in February

March 1, 2019

After a strong start to the year, residential construction slowed in February. With 330 permits pulled, single-family permits fell three percent compared to the 341 permits in February 2018. With nine permits pulled for 421 units, multifamily construction fell by 23 percent compared to the 20 permits for 548 units…

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Report Reveals Why The Housing Market Fails Too Many Minnesota Families

February 4, 2019

Priced Out: The True Cost of Minnesota’s Broken Housing Market After a decade of recovery following the Great Recession, new, entry-level and moderately priced single-family homes have all but disappeared from our region, leaving the Twin Cities with a housing market that is fundamentally broken and ill-equipped to meet…

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Single-Family Construction Starts the Year off Strong in the Twin Cities

January 31, 2019

Single-family permits are off to a roaring start in 2019. Single-family construction marked a 10-year high for the first month of the year with a 9 percent increase over January of 2018. Multifamily construction was a different story. The number of multifamily permitted units fell by 40 percent compared to…

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Twin Cities Homebuilding Surges Ahead in December

January 2, 2019

A surge in single-family construction in December brought the 2018 year-end permit numbers slightly higher than the 2017 year-end permit numbers. Single-family construction saw a 36 percent increase in the number of permits pulled over December 2017, and ended the year with less than 1 percent increase in total permits…

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BATC-Housing First Minnesota Names John Rask its 2019 President

December 19, 2018

BATC-Housing First Minnesota inducted its 2019 President and Board of Directors at its annual dinner meeting held at the Metropolitan Ballroom Tuesday night. John Rask of M/I Homes, was elected to serve as the Association’s president for 2019, and will lead a 17-member board during his year-long term. Rask will oversee the…

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New Survey Reveals How Dire Construction Labor Shortage is in Minnesota

December 4, 2018

88 percent of construction firms surveyed report having experienced a labor shortage in the past 12 months A recent survey conducted by Housing First Minnesota on behalf of Project Build Minnesota reveals that of the more than 225 construction firms responding, 88 percent have experienced a labor shortage in the…

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

Homebuilding Industry Honors its Best at the 2018 Building Industry Gala

October 26, 2018

More than 900 homebuilding industry members attended BATC-Housing First Minnesota’s biggest event of the year, the Building Industry Gala, on Thursday at Mystic Lake Event Center. More than 180 awards were handed out during the Building Industry Gala to honor the top builders, remodelers, suppliers, and individuals in the homebuilding industry.

Posted in Awards, Housing First Minnesota News, Parade of Homes, Remodelers Showcase | Tagged:

Single-Family Construction Remains Steady in October

October 25, 2018

After a slow September, single-family construction picked back up in October, putting it on pace with single-family homebuilding in 2017. For the month, the number of single-family permits pulled climbed to 467, up 4 percent compared to October 2017. Townhome construction continued its hot streak with 25 permits pulled, an…

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