Tag Archives: twin cities
Homes by Tradition wins two Reggie Awards for Spirit of Brandtjen homes in Lakeville
The Fall Parade of Homes has finished a successful year. Many areas have reported great traffic at their model homes showing positive signs that we have rounded the corner on the market. With the close of the Parade of Homes … Continue reading
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Map: Where Minnesotans Are Moving to
Forbes has an online interactive map showing migration around the Country. Below is an image I got when I clicked on Hennepin County, MN. The red lines are showing people moving out of Hennepin County and black lines are showing … Continue reading
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City of Bloomington lowers Tax Levy
Well this was certainly great news, especially for me since I own property in Bloomington. The City has lowered their property tax levy for 2012, not by much but at least they are trying. Given the changes in the Homestead … Continue reading
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NAHB: October 2011 Improving Market Index
The National Association of Home Builders released their Improving Market Index. This index was started a couple of months ago by NAHB and First American. This index hasn’t hit upon the Twin Cities area yet, primarily because we are not … Continue reading
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RealtyTrac: Foreclosures on Slow Burn, August 2011
RealtyTrac released this news this evening. There was no mention of Minnesota in the report, however we are still running middle of the pack in their foreclosure heat map. The report talks about how foreclosure activity has been slowly declining … Continue reading
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Weekly Twin Cities Real Estate Market Update. Week Ending Oct 1, 2011
Still heading the right direction! The 30 year fixed rate mortgage dipped below 4% for the first time ever last week which should hopefully improve the market conditions. For the Week Ending October 1st we saw a continued weaning of … Continue reading
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Minneapolis/St Paul Residential Construction Employment
I was inspired to see what kind of data was available for the Twin Cities metropolitan area for the Construction Employment from a post on Calculated Risk. The graph below shows the number of total construction payroll jobs in the U.S., including … Continue reading
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Twin Cities Metro Area’s Pent Up Demand, Census Demographics projecting future housing demand.
After reading the National Association of Realtor’s article about the 15 to 19 age bracket and their housing needs, in my previous post. It got me to think about our Region’s demographics and I was curious about some “ballpark” estimates … Continue reading
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Greater MSP organization, bringing economic growth to the Twin Cities region
Apparently we are not the first to realize that our region’s employment situation has been grim and the repercussions of losing jobs can be devastating including population decline. There is an organization that has been created to try to promote … Continue reading
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2nd Quarter Mortgage Delinquency rates for Minnesota, our Shadow Inventory
Believe it or not I have been struggling to find good data to show what kind of potential Shadow Inventory we may be seeing down the road for Minnesota, and more specifically the Twin Cities metro region. The Shadow Inventory … Continue reading
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