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

The Hottest Trends in Home Remodeling

Your Eden Prairie Weekend Events Guide: August 11th, 12th, and 13th

Summarizing the Summer: Real Estate News in the greater Twin Cities Market

Your Weekend Events Guide in Eden Prairie and the Twin Cities: July 28th to July 30th

Checking in on the Market: Minneapolis Real Estate News

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

In what is obviously a tough current housing market, the Brace Helgeson Group successfully sold our Eden Prairie home in only 33 days. Brace himself accurately predicted the top single thing we needed to do to sell our porperty in his first three minutes visiting the house. Ryan Platzke found us our new Eden Prairie home in less than ten showings. Their personal attention to our needs and their staff's service was top notch throughout the buy/sell process. Well done!

Bob & Molly

We loved having Ryan as our Realtor. He has helped us to purchase two homes, and each process was truly enjoyable. His professionalism and knowledge of the real estate business are beyond superior, we always felt as though he was genuinely happy to make time for us. We appreciated his prompt communication, and the time he took to be sure our questions were fully answered and understood. He continually impressed us by overstepping the traditional responsibilities of a Realtor, and not letting us settle for homes that were less than perfect. Most importantly, we were consistently surprised by his intuitiveness! He truly knew what we wanted, and needed, better than we did. Simply put, Ryan is amazing. He the ONLY Realtor we will ever use, or recommend.

Matt and Dana Dolan

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.

© 2017 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