Housing First Minnesota

Image for Permits for Single-Family Homes in the Twin Cities Hit 16-Year High in 2021 Despite Construction Headwinds

Permits for Single-Family Homes in the Twin Cities Hit 16-Year High in 2021 Despite Construction Headwinds

December residential permits fell in 2021, but not by enough to offset the strong start to the year Following a feverish start to the year, the pace of new residential construction slowed as 2021 came to a close reflecting the numerous challenges on the horizon for the construction…

Posted in Housing First Minnesota News, Market Information | Tagged: December Permit Numbers, Housing Data Twin Cities, Housing First Minnesota, Twin Cities Homebuilding, Twin Cities Housing Market

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 Twin Cities Home Construction Continues to Surge in March

Twin Cities Home Construction Continues to Surge in March

The impacts of historically low existing housing inventory and low mortgage rates continue to push demand for new single-family homes in the Twin Cities to highs not seen since 2004. For the month of March there were 631 permits pulled for single-family homes, an increase of 50% over March of…

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

Image for Lennar Tops the List of Twin Cities Builders for 15th Year in a Row

Lennar Tops the List of Twin Cities Builders for 15th Year in a Row

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 2020. Lennar has held the top spot since 2006. Rankings are based on annual gross revenue as reported by respondents for for-sale housing. Together the Top 25…

Posted in Market Information | Tagged: Housing Data Twin Cities, Housing First Minnesota, Top 25 Builders List

Image for Housing First Minnesota Names Todd Polifka its 2021 President

Housing First Minnesota Names Todd Polifka its 2021 President

In true 2020 fashion, Housing First Minnesota’s 2020 president, Gary Kraemer, virtually passed the torch to the association’s 2021 president, Todd Polifka, during the annual state of the industry and board induction event on Dec. 17. Polifka, president of Custom One Homes, brings more than 20 years of experience working…

Posted in Housing First Minnesota News | Tagged: 2021 Housing First Minnesota President, Board of Directors, Housing First Minnesota

Image for Housing First Minnesota Honors 28 Minnesota Legislators with Housing Leadership Award

Housing First Minnesota Honors 28 Minnesota Legislators with Housing Leadership Award

Roseville, MN – Housing First Minnesota, the state’s leading voice for homebuilders and remodelers, has recognized 28 Minnesota Legislators as recipients of the 2018 Housing Leadership Awards. The honor recognizes legislators for their efforts throughout the 2018 legislative session to promote housing affordability and homeownership. “During the 2018 legislative session, these housing leaders played key roles…

Posted in Advocacy, Housing First Minnesota News | Tagged: Homeownship, Housing First Minnesota, Housing Leadership Awards, Minnesota Legislature

Image for Career Fair to Address Huge Demand for Residential Construction Workers

Career Fair to Address Huge Demand for Residential Construction Workers

200+ Job Openings from 25+ Businesses at Mall of America on February 13 The Builders Association of the Twin Cities-Housing First Minnesota is holding its sixth annual residential construction career fair to help fill 200+ job openings from 25+ businesses. A skilled worker shortage has plagued the construction industry…

Posted in General, Housing First Minnesota News | Tagged: BATC, Builders Association of the Twin Cities, Construction Jobs, Housing First Minnesota, Job and career fair, Job Fair

Image for Housing First Minnesota Statement on the Passage of the Tax Bill In The U.S. House of Representatives

Housing First Minnesota Statement on the Passage of the Tax Bill In The U.S. House of Representatives

Housing First Minnesota Executive Director David Siegel issued the following statement on the passage of the tax bill today in the U.S. House of Representatives: “Tax deductions that reward and encourage homeownership are vital to a strong housing market. While the bill passed today is an improvement over the initial…

Posted in Advocacy | Tagged: Housing First Minnesota, Mortgage Interest Deduction, Tax Bill, U.S. Tax Reform

Image for Renewed Surge in Residential Construction in November

Renewed Surge in Residential Construction in November

Roseville, Minn. (Nov. 30, 2017) – After a flat October, Twin Cities home builders made up for it in November. The number of single-family permits pulled in November spiked to 586, increasing 30 percent over November last year. Multifamily construction had its best month this year with 1,306 permitted units,…

Posted in Housing First Minnesota News, Market Information | Tagged: Builders Association of the Twin Cities, Housing First Minnesota, Minnesota Housing Market, Single-family Construction, Twin Cities Housing Market, Twin Cities Permit Data

Image for Twin Cities Single-Family Construction Rises in August

Twin Cities Single-Family Construction Rises in August

The Twin Cities saw an uptick in new home permits in August, following a slight dip in July. The number of single-family permits pulled this month grew 17 percent compared to August 2016. Multifamily construction saw a decrease from this time last year, with 400 permitted units, down 9 percent…

Posted in Housing First Minnesota News, Market Information | Tagged: Housing First Minnesota, Twin Cities Housing Market, Twin Cities Permit Data

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