Housing Industry

Image for Housing First Minnesota and Building Talent Foundation Join Forces to Tackle State’s Construction Workforce Challenges

Housing First Minnesota and Building Talent Foundation Join Forces to Tackle State’s Construction Workforce Challenges

In a state where the demand for housing is soaring, Housing First Minnesota, the state’s foremost advocate for the housing industry, and Building Talent Foundation, a national nonprofit committed to advancing the education, training, and career progression of youth and underrepresented individuals in residential construction, have joined forces to…

Posted in Advocacy, Housing Industry | Tagged:

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

Image for Housing First Minnesota Names James Vagle as New Executive Director

Housing First Minnesota Names James Vagle as New Executive Director

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

Image for Strong Spring for Twin Cities Homebuilding Activity

Strong Spring for Twin Cities Homebuilding Activity

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

Image for Twin Cities Homebuilding Cools in February

Twin Cities Homebuilding Cools in February

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:

Image for Housing First Minnesota Names James Julkowski its 2022 president

Housing First Minnesota Names James Julkowski its 2022 president

Housing First Minnesota inducted its 2022 president and board of directors at its annual meeting at the Graduate Hotel in Minneapolis Tuesday morning. James Julkowski, president of Julkowski, Inc. in New Brighton, was elected to serve as the association’s president for 2022. Julkowski will lead a 17-member board during his…

Posted in Housing First Minnesota News, Housing Industry | Tagged: 2022 Board of Directors, Homebuilders Association, Housing First Minnesota Board of Directors, Housing Industry Leaders, President of Housing First Minnesota

Image for Twin Cities Single-Family Construction Remains Strong But Shows Signs of Slowdown

Twin Cities Single-Family Construction Remains Strong But Shows Signs of Slowdown

Twin Cities homebuilders continue to build new single-family homes at a brisk pace, but November continued to be slower than last year’s all-out surge. Area homebuilders pulled 619 permits for new single-family homes in November, a 12% drop from this time last year. Multifamily construction continued to pick up when…

Posted in Housing First Minnesota News, Housing Industry, Market Information, Uncategorized | Tagged: Housing First Minnesota, New Home Construction, November Housing Permits, Single-family Construction, Twin Cities Homebuilding, Twin Cities New Homes

Image for Housing First Minnesota Awards 23 Legislators with Housing Leadership Award

Housing First Minnesota Awards 23 Legislators with Housing Leadership Award

Award Recognizes Legislators That Promoted Housing Affordability and Homeownership Opportunities During the 2021 Legislative Session Housing First Minnesota has named 23 Minnesota state legislators as recipients of the 2021 Housing Leadership Award. “With inventory at an all-time low, affordability at its worst in decades and the widest homeownership gap in…

Posted in Advocacy, Housing Industry | Tagged: Housing Leadership Award, Minnesota Legislature

Image for Twin Cities Homebuilding Continues to Push Ahead Despite Numerous Headwinds

Twin Cities Homebuilding Continues to Push Ahead Despite Numerous Headwinds

Permits for new single-family homes continued to climb in July, despite the numerous challenges in the homebuilding process right now. Twin Cities homebuilders pulled 640 permits for new single-family homes in July, a 10% increase over last July. After several months of lackluster numbers, multifamily construction had one of its…

Posted in Housing First Minnesota News, Housing Industry, Market Information | Tagged: Housing permits, Twin Cities Building Stats, Twin Cities Housing Market

Image for Demand for Single-Family Homes in the Twin Cities Pushes Homebuilding Higher in May

Demand for Single-Family Homes in the Twin Cities Pushes Homebuilding Higher in May

The Twin Cities continues see more homebuyers than there are homes for sale, which is pushing permits for new homes to numbers not seen since 2006. Single-family homes continue to be the most desired option in the market with permits up 70% over last May and up 50% for the…

Posted in Housing First Minnesota News, Housing Industry, Market Information | Tagged: Housing Data Twin Cities, Housing permits, Twin Cities Home Builders

© Housing First Minnesota. All rights reserved.