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Friday September 22, 2023

THE MINNESOTA HOUSING INDUSTRY NEWS SOURCE BY HOUSING FIRST MINNESOTA

  • In the dirt: updates from around the industry

    In the dirt: updates from around the industry

    Get the latest updates on what’s happening in the construction and development world both locally and nationally. Development proposal revised in Eagan Partners Enclave Cos., Pulte Homes and Lifestyle Communities proposed their revised plan to the Eagan City Council for a 482-unit development on a 34.5-acre site in July. According to a city staff report,…

  • More affordable housing markets among the hottest in the U.S.

    More affordable housing markets among the hottest in the U.S.

    While home prices dipped nationwide in June, the nation’s hottest housing markets all saw modest price growth. The Realtor.com Market Hotness Index breaks down demand and supply by taking into account two aspects of the housing market: market demand, as measured by unique viewers per property on Realtor.com, and the pace of the market, as…

  • Case study examines impact of 2017 condo defect reforms

    Case study examines impact of 2017 condo defect reforms

    Housing Affordability Institute, a Twin Cities-based housing policy think tank, reviewed the impact of a 2017 state law aimed at addressing the barriers to townhome and condo construction. In 2017, the Minnesota Legislature reformed its construction defect laws for multifamily for-ownership housing to encourage more multifamily development in growing areas. This change was connected to…

  • Builders adapt to evolving housing market

    Builders adapt to evolving housing market

    The conversation regarding the housing market is largely centered around one factor: mortgage rates. The Federal Reserve started hiking rates last year in an attempt to tamp down on growing inflation. Since then, several increases in rates have led to mortgage rates jumping to over 7%. Consequently, the housing market has come to a standoff…

  • Housing industry tees off at Building Futures Golf Classic
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    Housing industry tees off at Building Futures Golf Classic

    This week, the Housing First Minnesota Foundation hosted its annual Building Futures Golf Classic fundraiser at The Wilds Golf Course in Prior Lake. This year’s event saw enthusiastic participation, with more than 140 golfers taking part, alongside numerous volunteers who played a role in facilitating various games and activities throughout the course. Golfers were also invited to…

  • Six Dream Homes announced as part of the Fall Parade of Homes
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    Six Dream Homes announced as part of the Fall Parade of Homes

    Tourgoers on this fall’s Parade of Homes will once again have the opportunity to help families in need when they visit the six Dream Homes. These six exceptional, hand-picked homes are the only homes on the tour where attendees pay a $5 admission at the door. The money raised from admission tickets supports the work…

  • The Parade of Homes announces collaboration with Bauhaus Brew Labs

    The Parade of Homes announces collaboration with Bauhaus Brew Labs

    In honor of its 75th anniversary, the Parade of Homes announced this week a partnership with Bauhaus Brew Labs to craft a signature brew. “Ope’n Haus” will be a limited edition hazy pale ale, created exclusively for this milestone anniversary. It offers a blend of floral and tropical flavors, with hints of orange and clementine.…

  • Construction continues on apartment remodel for families in need
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    Construction continues on apartment remodel for families in need

    In July, the final phase of construction began on a project to renovate and remodel the final four units in an apartment building in North Minneapolis. This latest endeavor is the latest and final chapter in the renovation of the entire 100-year-old building. The project, a coordination between the Housing First Minnesota Foundation and AVIVO,…

  • Building a more sustainable future with Minnesota’s Green Path
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    Building a more sustainable future with Minnesota’s Green Path

    Minnesota’s Green Path is the leading green building program for residential construction in Minnesota. Green Path helps homeowners understand the energy efficiency of their homes and gives them the confidence that comes with independent, third-party testing.

  • Parade of Homes marks 75 years of home tours

    Parade of Homes marks 75 years of home tours

    The Parade of Homes is set to celebrate over seven decades of home tours this fall. In 1948 the Minneapolis Builders Association came together with a vision to showcase the best of new construction to potential homebuyers. Originally named the “Trend Home,” six builders collaborated to set the stage for what would later be known…

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