Hot Sheet Archives - HFMN Newsroom

May Hot Sheet

May 1, 2015

Builders are being careful not to add inventory beyond expected demand, especially as they struggle with increasing costs for lots, labor and materials. However, pent-up demand, low mortgage interest rates and a growing economy should keep the housing industry moving forward throughout the rest of the year.” – NAHB Chief…

Posted in General, Market Information | Tagged: 2015 Hot Sheet, Building Industry, Hot Sheet, Industry Data, May Hot Sheet, Minneapolis, MSP

December Hot Sheet

January 5, 2015

INSIDE THIS ISSUE: Slight Rise for Twin Cities Residential Construction** “Several multi-family projects permitted in November 2014 helped the monthly units surpass November of 2013 totals by 34 percent. Despite this, ‘the housing industry remains concerned for the near future as single-family construction continues to lag. As much of the…

Posted in General, Market Information | Tagged: Hot Sheet, Housing Industry Data

November Hot Sheet

December 2, 2014

INSIDE: Single-family housing production in October reached its highest level since November 2013. “The rise in single-family starts is more proof that the economy is firming and consumer confidence is growing. We expect continued upward momentum into next year.” – Kevin Kelly, chairman of NAHB and a home builder…

Posted in General, Market Information | Tagged: BATC Hot Sheet, Hot Sheet, Housing Data, November Hot Sheet, Twin Cities Housing Market

October Hot Sheet

November 3, 2014

“Most remodelers remain confident that the market is improving as home owners undertake renovations, large and small. The consistency and longevity of positive RMI readings are in line with the gradual recovery of the housing industry.” – Paul Sullivan, CAPS, CGR, CGP, NAHB Remodelers Chair of Waterville Valley, N.H. “Single-family…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet, Building Industry Data, Hot Sheet, Market Information, October Hot Sheet, Twin Cities Building Stats

September Hot Sheet

October 1, 2014

“Our members are telling us that traffic to new model home sites and sales expectations are on the rise. Despite the monthly blip, single-family starts are still 8 percent above last year’s level.” Kevin Kelly, NAHB chairman and home builder…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet, Building Industry Data, Hot Sheet, Market Information, September Hot Sheet, Twin Cities Building Stats

August Hot Sheet

September 2, 2014

“With interest rates near historically low levels and strengthening job growth, now continues to be a great opportunity to buy a home.” Kevin Kelly, NAHB chairman and home builder and developer from Wilmington, Del…

Posted in General, Market Information | Tagged: 2014 Hot Sheet, August Hot Sheet, BATC, Building Industry Data, Hot Sheet

July Hot Sheet

August 6, 2014

“With continued job creation and economic growth, we are cautiously optimistic about the home building industry in the second half of 2014. The increase in existing home sales also bodes well for builders, as it is a signal that trade-up buyers can move up to new construction.” -NAHB Chief…

Posted in General, Market Information | Tagged: BATC, Hot Sheet, Housing Data Twin Cities, Housing Industry, Housing Market, July Hot Sheet

June Hot Sheet

July 2, 2014

“Markets are gradually returning to normal levels of housing and economic activity. When we see more sustainable levels of job growth, this will unleash pent-up demand and bring more buyers into the marketplace.” – NAHB Chairman Kevin Kelly Inside: NAHB Builder Confidence Index MSP Residential Real Estate Index Twin Cities…

Posted in General, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Hot Sheet, Housing Industry, June 2014 Hot Sheet

May Hot Sheet

June 2, 2014

From the May Hot Sheet: Soaring production of multifamily apartments pushed nationwide housing starts above the million-unit mark in April, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.” “The growth in multifamily production is a very positive development…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC Hot Sheet, Hot Sheet, Housing Data Twin Cities, Housing Market, May Hot Sheet

April Hot Sheet

May 1, 2014

“We see improving signs of new-home construction as we move into the spring buying season. The strongest recovery is in the Northeast and Midwest, where builders were hampered by severe winter weather earlier in the year.” Kevin Kelly, chairman of the National Association of Home Builders (NAHB) and a home…

Posted in General, Market Information | Tagged: April Hot Sheet, BATC Hot Sheet, Building Industry Hot Sheet, Hot Sheet, Market News