New Housing Construction Slowly Increasing In the Twin Cities Region

Brace Helgeson

Sunday, May 10th, 2015May. 10th, 2015

New housing construction in the Twin Cities metro region is lagging slightly behind last year. The number of new apartments being built has seen a drastic decline, while the construction of single-family homes seems to be holding its ground.

In the month of April there were a total of 350 permits issued, to build a total of 451 units across the metro region according to data released by the Builders-Association of the Twin Cities (BATC). Compared to this time last year the number of new apartment permits issued was down 20 percent.

"We’re pleased to see stable numbers, but with early-year forecasts across the board predicting a year of more substantial gains, being flat is disappointing,” commented BATC President Chris Contreras.

If you are looking to buy or sell a home this winter contact me. Our group specializes inEden Prairie Real Estate,Chanhassen Real Estate,Chaska Real Estate,Lake Minnetonka Real Estate,Edina Real Estateand West Bloomington Real Estate.

Brace Helgeson Coldwell Banker Burnet

Licensed in Minnesota/Lic # 92065

Tags: Homes for Sale, Housing Market, Minneapolis Housing Market

Working...

Recent Posts

Your Weekend Guide for Things to do in Minneapolis: February 22-24

Your Minneapolis Real Estate Report for February 2019

Your Weekend Guide for Things to do in Minneapolis: February 8-10

Your Weekend Guide for Things to do in Minneapolis: January 25-27

Starting the New Year With a Starter Home

Reviews

I am very lucky to have worked with everyone on your team and appreciate all that everyone did to sell my house. Thanks Again!!

Pat Samstad

We had a good experience with Ryan during what can be a stressful time. Ryan helped walk us through our transaction and held our hand a bit when we needed it. Ryan was very knowledgeable and we felt he knew our area very well. I would recommend Ryan to anyone ( especially to those in the Eden Prairie and other Southwest Metro areas).

Todd Hanneman

Ryan is a great realtor. His skills and abilities, combined with his focus on customer needs, made the most of our time and money on the purchase of our new home. And when we have referred him to others, they have also reported positive experiences. We trust him whenever the subject of real estate comes up.

Jeff and Geneva Sorum

Brace, thanks for taking the time to talk to us after the closing. We appreciated the chance to discuss the sales process face to face. I would not hesitate to recommend your team to anyone.

Dave Murphy

We would like to thank you and your group for making our move a positive experience. We appreciate all the time you spent assisting us in finding the home that fits our needs. Being new to the process, it was wonderful to work with someone possessing such great expertise. He was always available when we had questions or concerns. We will definitely be referring family and friends to your group.

Thanks again for everything.

Chad Lawrence

Stay Connected

Contact

Address: 11455 Viking Drive, Ste 200
Eden Prairie, MN 55344

Phone: (952) 942-7777

All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither broker(s), agent(s) nor All Hands On Deck Web, LLC. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

© 2019 Helgeson Platzke Real Estate Group. All Rights Reserved | Site Map | Privacy Statement | All Hands on Deck Web, LLC - Minneapolis - St. Paul - St. Cloud Web Development Company