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Wednesday October 4, 2023

THE MINNESOTA HOUSING INDUSTRY NEWS SOURCE BY HOUSING FIRST MINNESOTA

Tag: Starter Homes

  • Housing inventory remains low even as housing market shifts

    Housing inventory remains low even as housing market shifts

    Across the country rising mortgage rates and inflation have had a stifling impact on the housing market. It is no surprise when considering that from the start of the year, mortgage rates have more than doubled, increasing from 3% in January to rates now over 6% this fall. Permits for new single-family homes have fallen… Read More

  • Growing coalition calls for legislature to address zoning reform

    Growing coalition calls for legislature to address zoning reform

    As the housing inventory and affordability crisis continues to worsen in Minnesota, a broad coalition is pressing the legislature to take action. The coalition, which includes the Minnesota Realtors®, Housing First Minnesota, the Minnesota Multi-Housing Association, Minnesota Chamber of Commerce and others, is urging the legislature to adopt Senate File 3259, which has emerged as… Read More

  • Lennar plans to bring 154 townhomes to Maple Grove

    Lennar plans to bring 154 townhomes to Maple Grove

    Lennar Corporation will be building 72 townhomes in Maple Grove, and they hope to add an additional 82 townhomes to their already approved project for a total of 154 market-rate units in the new Weston Commons neighborhood. The three-bedroom, two-bathroom townhomes sized between 1,700-1,800 square feet will be sold starting at $350,000. Some are slated… Read More

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