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Buying & Selling Homes in the Twin Cities
 

TESTIMONIALS
Since this was our first time buying, we had many questions and concerns regarding home selection and the buying process as a whole. Matt was able to provide quick, accurate and detailed expectations and answers to all of our questions and concerns. We felt very comfortable dealing with Matt throughout the whole buying process. Thank you for making our first time home buying experience pleasurable!

Brian & Tressa Daily
Belle Plaine

 
 

TWIN CITIES REAL ESTATE NEWS

Courtesy of Google News
Twin Cities housing inventory expected to be tight this year, says report  KMSP-TV

If you're in the market for a new home in the Twin Cities area, inventory this year is expected to be tight.


Twin Cities house hunters in for another tough market this spring  KARE11.com

MINNEAPOLIS — If you're looking to buy a home in the Twin Cities this spring, you're in for another tough real estate market. Numbers from the Minneapolis ...


Minnesota's high-end real estate scene competitive but varied due to state of economy  KSTP

The Twin Cities area is also seeing growth on the opposite end of the market. The number of houses sold for $2 million or more has increased in recent years...


The five largest residential real estate sales in 2018 (galleries)  Minneapolis / St. Paul Business Journal

A look at each of the top five homes sold in 2018 in the Twin Cities.


Allianz Field is just the beginning. Here’s what’s happening — and hoped for — around St. Paul’s new soccer stadium.  St. Paul Pioneer Press

A May 2016 conceptual study shows Allianz Field surrounded by potential developments between Interstate 94 at top and University Avenue at bottom. Snelling ...


Suburbs embrace affordable housing efforts as rents rise in Twin Cities  Star Tribune

With rents rising across the metro, cities find stable options to help, and keep, tenants.


Constructing affordable starter homes nearly impossible | Minnesota Public Radio  BusinessNorth.com

Real estate developer Paul Heuer wants to build houses that regular people can afford. But he says increases in land, labor and lumber costs — in addition to ...


List Leaders: Largest commercial property management firms in the Twin Cities  Minneapolis / St. Paul Business Journal

There's a new No. 1 on the Business Journal's List of the largest commercial property management firms in the metro.


Trying to downsize your home? Good luck with that  Minnesota Public Radio News

Some end up staying in place, unable to find alternative homes that meet their financial or lifestyle expectations. Others are simply paralyzed by indecision.


Business People: Sunday, April 14  St. Paul Pioneer Press

Rapp Strategies, Minneapolis, announced that Alyssa Schlander will join the firm as vice president of public affairs and general counsel, beginning April 29.


'What Will My Home Be Worth?' Expert-Approved Tactics to Determine Property Value  Realtor.com News

Since there's no crystal ball to give you a firm value for your property, here's how to answer the question "What will my home be worth?"


2019 40 Under 40: Kris Lindahl, Kris Lindahl Real Estate  Minneapolis / St. Paul Business Journal

You've likely seen him, arms outstretched, on billboards across the Twin Cities. However, Kris Lindahl, CEO of Kris Lindahl Real Estate, is more than just the ...


Meet Dylan Thomas, the Business Journal's new residential real estate, transportation and manufacturing reporter  Minneapolis / St. Paul Business Journal

We asked Dylan to answer some questions about his background and interests, and here's what he said.


For sale: 'Grumpy Old Men' house in St. Paul is a nostalgic 'time capsule'  Star Tribune

Want to own a piece of movie history? “The old Clickner place” is for sale. That's what Walter Matthau and Jack Lemmon called the 1918 brick house in the 1993 ...


Crackdown on Transit Smokers in Twin Cities Could Intimidate Riders  Next City

On February 28, the Twin Cities' Star Tribune reported that Metro Transit police officers dressed in plainclothes would begin boarding trains on both the Green ...


Growing nonprofit Big Brothers Big Sisters is moving to its own building in north Minneapolis  Star Tribune

The century-old Big Brothers Big Sisters Twin Cities is getting a new home, moving across the river to its own space after closing on a north Minneapolis office ...


City sells Seven Corners site, across from Xcel Energy Center, for housing and hotel development  St. Paul Pioneer Press

In downtown St. Paul, the long-stalled “Seven Corners Gateway” housing, hotel and commercial project across from the Xcel Energy Center took a crucial step ...


Minneapolis Area Realtors names new CEO  Minneapolis / St. Paul Business Journal

Former Greater Twin Cities United Way executive Carrie Chang was named CEO of Minneapolis Area Realtors, the association announced Monday.


U.S. News: Where The Twin Cities Rank In Best Places To Live  Southwest Minneapolis, MN Patch

TWIN CITES, MN — The Twin Cities metro area is the sixth best place to live among America's 125 largest metro areas. That's according to a new report ...


Twin Cities homebuilders see big declines in March  Star Tribune

Homebuilders in the Twin Cities metro had their sleepiest March in four years with single-family and multifamily construction falling sharply. Single-family ...


Downtown St. Paul building renovation will displace low-income tenants, Just/Us restaurant  St. Paul Pioneer Press

The four-story Viking Apartments building at 5 W. Seventh St. in St. Paul, MN, has been sold, and an eight-month renovation project would more than double ...


Twin Cities' Apartment Market Poised for a Strong 2019  REBusinessOnline

Pictured is the Preserve at Normandale Lake in Bloomington, Minnesota. NorthMarq Capital provided the permanent fixed-rate financing for the 179-unit ...


Police investigate 2 deaths in Orono  TwinCities.com-Pioneer Press

ORONO, Minn. — Police say they're investigating the deaths of two people at a home in Orono. Authorities say bodies of a male and female were discovered at ...


WCCO Viewers’ Choice For Most Popular Twin Cities Tourist Attraction  WCCO | CBS Minnesota

MINNEAPOLIS (WCCO) — It's interesting to think about the amount of impact a relatively small piece of real estate has had on the Twin Cities community over ...


Ranking the hottest housing markets in the Twin Cities – see how your city fared  Star Tribune

With sales down and housing listings up, the housing market in the Twin Cities during 2018 was less frothy than it was the year before. Unless, of course, you ...


HomeServices ranked as nation's largest real estate company  Star Tribune

For the first time, Twin Cities-based HomeServices of America can call itself the biggest real estate company in the nation. That's according to an annual survey ...


Minneapolis billboard mocking Kris Lindahl gets assist from... Kris Lindahl  City Pages

A certain realtor bought seemingly every billboard in town. They featured him with arms outstretched in messianic salesman pose, a look usually associated with ...


Business Journal's commercial real estate forum offers education credits for first time - Minneapolis  Minneapolis / St. Paul Business Journal

The panel will cover several topics, including the downtown Minneapolis apartment boom; development around Allianz Field in the Midway neighborhood; the ...


Wayzata home on Lake Minnetonka home sells for $9 million - Minneapolis  Minneapolis / St. Paul Business Journal

A Wayzata home on the north shore of Lake Minnetonka sold March 18 for $9 million, according to a certificate of real estate value made public Wednesday.


Downtown St. Paul utility District Energy goes coal-free  St. Paul Pioneer Press

District Energy St. Paul, the utility that heats 500 commercial buildings and single-family homes in and around downtown, held an unusual retirement party on ...


Flooding along the Mississippi River has menaced St. Paul from its earliest days  St. Paul Pioneer Press

Residents of St. Paul, MN, have always lived under the threat of flooding. Their city's placement downstream from the confluence of the Mississippi and ...


Business People: Sunday, March 24  St. Paul Pioneer Press

Gaslight Creative, St. Cloud, announced it received eight awards at the 2019 American Advertising Awards Show, held at the Gorecki Center, College of St.


Marquette Plaza gets posh new name after $7 million renovation  Minneapolis / St. Paul Business Journal

Marquette Plaza has been renamed "the Marq" as part of a $7 million renovation by the building's new owners.


Mosaic buys Rosemount warehouses from rival in $43M deal  Minneapolis / St. Paul Business Journal

Mosaic Co. may be moving its headquarters to Florida, but it's still plenty interested in Minnesota real estate. The company snapped up three Rosemount ...


First-time buyers face scramble in Twin Cities housing market  Star Tribune

House listings in the Twin Cities are on the rise, but first-time buyers are snapping them up as quickly as they hit the market, setting the stage for another ...


Just Sold: CommonBond pays $9.8M for Wilder Square  Finance and Commerce

Editor's note: “Just Sold” is a Finance & Commerce feature based on certificates of real estate value recently filed for commercial transactions and significant ...


Shifting Twin Cities real estate market  KARE11.com

Real estate sales are at a 3 year low, while prices jump to all time high.


Once-hot Twin Cities housing market is beginning to cool  Star Tribune

The Twin Cities housing market, after one of the most frenetic summers on record, is beginning to cool. Home sales are down from a year ago, more sellers are ...


Twin Cities housing market may be beginning to cool, but it's still quite hot  Minneapolis / St. Paul Business Journal

There were more early signs in September of a return to a more balanced housing market in the Twin Cities, according to the Minneapolis Area Association of ...


Even after 35 years, group of Twin Cities commercial real estate pros is still meeting, growing  Minneapolis / St. Paul Business Journal

Five or six guys met once a month, gave each other advice and, eventually, did deals with each other, bought property from one another and invested in ...


Zillow plans to bring sight-unseen house-buying service to Twin Cities  Star Tribune

Zillow's footprint on the real estate scene in the Twin Cities is about to get a whole lot bigger. This fall, the company plans to launch Zillow Offers, which aims to ...


Twin Cities housing market gets even tighter as new listings lag  Star Tribune

It's shaping up to be another hypercompetitive spring market for Twin Cities home buyers, especially for first-time buyers like Brandon Chheoun. With a budget of ...


Twin Cities housing market still smiling on sellers  Star Tribune

The summer of 2018 is stacking up to be the most competitive on record for Twin Cities home buyers. In June, for the second month in a row, the average home ...


Realtors: Record high home prices highlight 2018 Twin Cities area housing market  St. Paul Pioneer Press

Median Twin Cities home prices reached record highs in 2018, while other indicators favored sellers in the area housing market, according to statistics released ...


Infiniti Milwaukee will move from Waukesha to new West Allis location  BizTimes.com (Milwaukee)

The Infiniti Milwaukee auto dealership plans to move from Waukesha to West Allis and is slated to break ground on its new 31,700-square-foot building near ...


Twin Cities sees gain in housing inventory in November  Minneapolis / St. Paul Business Journal

The number of homes for sale in the Twin Cities metro area increased in November, the market's first monthly gain in over three years.


Why now is a good time to buy a $1M house in the Twin Cities  Bring Me The News

Ever dreamt of living in a million-dollar home? Well, this is the time to strike. Don't get us wrong, we're perfectly aware that such a home is out of reach for most ...


Experts say Twin Cities housing market could shift to favor buyers, but not soon  Star Tribune

Relief is on its way for home buyers in the Twin Cities and beyond who are frustrated by a lack of house listings and lightning-fast sales, according to a survey of ...


HomeServices of America tops list of country’s biggest real estate companies  Minneapolis / St. Paul Business Journal

HomeServices completed the most transactions of any residential real estate company in 2018, climbing to the top of REAL Trends 500's rankings for the first ...


What's driving up new home costs? Fees, Twin Cities builders say  Star Tribune

A report commissioned by a builders group said municipal fees and regulations in the Twin Cities make it nearly impossible to build a single-family house for ...


Twin Cities Realtors Say Housing Market May Be Cooling  WCCO | CBS Minnesota

MINNEAPOLIS (WCCO) — Twin Cities realtors say the latest monthly indicators point to a market cool down. The median price for a home in July was $268,000.


Report says Twin Cities commercial real estate outpaced expectations in first half  Star Tribune

Office, industrial and retail space continues to be filled in the Twin Cities even as companies consolidate their space and some retailers close stores. According ...


Best Suburbs For Buying A House In The Twin Cities Metro  Woodbury, MN Patch

Best Suburbs For Buying A House In The Twin Cities - Woodbury, MN - It's a competitive market out there if you're looking to buy a home, but these are the best ...


List Leaders: Largest Real Estate Developers (slideshow)  Minneapolis / St. Paul Business Journal

The top two companies on the Business Journal's 2019 list of the 25 Largest Real Estate Developers in the Twin Cities hung on to their respective rankings from ...


Why lenders like Twin Cities industrial real estate  Finance and Commerce

Editor's note: Finance & Commerce is running an occasional series about the financing climate for various kinds of commercial real estate. Links to previous ...


Allianz Field is helping spur growth in St. Paul's Midway neighborhood - Minneapolis  Minneapolis / St. Paul Business Journal

Developers have hatched plans for 275 apartments within a stone's throw from the stadium, and some of the biggest builders in town are circling the ...


Business People: Hatch, Swanson form law firm; Morillo leaving SEIU  St. Paul Pioneer Press

Former Minnesota attorneys general Lori Swanson and Mike Hatch have launched a downtown Minneapolis law firm, Swanson Hatch PA. Swanson and Hatch ...


Buying? Selling? Flipping? Twin Cities houses selling at breakneck pace  MPR News

The Twin Cities housing market is booming this year. Real estate experts say they haven't seen properties sell this fast in the 16-county metro area since the ...


List Leaders: Largest Twin Cities commercial real estate deals in 2018  Minneapolis / St. Paul Business Journal

The top three largest commercial real estate sales in 2018 were all in downtown Minneapolis.


Kaeding will buy Seven Corners Gateway site for housing, hotel  Minneapolis / St. Paul Business Journal

St. Paul on Wednesday approved a $5 million sale of a parcel near Xcel Energy Center to Kaeding Management, a move that aims to restart a long-planned ...


Twin Cities home sales slipped in October, inventory increased  Star Tribune

An uptick in new listings continued the slow rebalancing of the area's housing market.


Home sales dipped in the Twin Cities, but prices reached a record high in 2018  Star Tribune

The overall market failed to post the big gains real estate agents had expected as a lack of lower priced homes kept lid on sales. Throughout the Twin Cities ...


Opendoor looks to become big player in Twin Cities housing market  Star Tribune

With house prices teetering at record highs and buyers outbidding one another in some areas, it seems the last thing the housing market in the Twin Cities ...


More homes on Twin Cities home market, a good sign for buyers  Star Tribune

Rise in listings, decrease in sales suggest Twin Cities area prices should decline. But for now, median sale breaks $265000 in November, a record.


Housing construction in the Twin Cities up slightly during August  Star Tribune

Housing construction in the Twin Cities increased slightly last month, with most of the gain coming from a hefty increase in apartment construction. During August ...


Home listings: What $524900 buys in the Twin Cities area  Minneapolis Star Tribune

Centerville . Built in 2018, this five-bedroom, three-bathroom house has 3,071 square feet and features two bedrooms on each level, two fireplaces, vaulted ...


Housing in Brief: Eviction Evolving | YIMBY Critique | Affordable Seattle  Next City

Here's what got our attention in the world of housing policy this week. Remember, if you have a story idea for Backyard, email our housing correspondent, Jared ...


Minneapolis Realtors chief says housing still a bargain in Twin Cities  Star Tribune

Todd Urbanski takes the reins as 2019 president of the Minneapolis Area Realtors at a time of moderate tumult.


Twin Cities still a sellers' market, but a shift could be emerging  Star Tribune

Supply remains tight, but there's been an uptick in the number of homes hitting the market, and prices are starting to moderate.


Twin Cities homebuilders were bullish on single-family homes in January  Star Tribune

Homebuilders in the Twin Cities are off to a running start this year, but topping 2018 won't be easy. Last month metro-area builders were issued enough permits ...


Mueller concludes Russia-Trump probe with no new indictments  St. Paul Pioneer Press

WASHINGTON — Special counsel Robert Mueller closed his long and contentious Russia investigation with no new charges Friday, ending the probe that has ...


No houses available to buy in Twin Cities? Blame rentals  Star Tribune

Chris and Tinen Iles could have easily sold their tidy bungalow in south Minneapolis and used the profit to help pay for a more expensive house they bought ...


Real estate market shows signs of shift | Business  SW News Media

For the first time since April 2015, there were more homes listed for sale in the Twin Cities metro than the same month the year prior, according to the ...


Twin Cities' hot CRE market showing no signs of a slowdown  REjournals.com

Outsiders tend to lump the cities of Minneapolis and St. Paul into one large metro. But while it's true that these two cities, which make up the Twin Cities ...


Single-family home construction dips in September, but town homes keep trending  Minneapolis / St. Paul Business Journal

Construction permits for single-family homes plunged in September, while permits for town homes continued to increase, according to the Builders Association ...


The numbers don't lie: Twin Cities needs more housing  Star Tribune

Twin Cities metro residential construction activity in 2017 was at its highest level since before the recession, finally getting the region back to its 45-year average ...


Twin Cities sees sharp increase in homes for sale  Minneapolis / St. Paul Business Journal

More home sellers have decided to put their properties on the market, according to a monthly housing report released Monday by the Minneapolis Area ...


Opendoor already buying a home a day in Twin Cities, new GM says  Minneapolis / St. Paul Business Journal

About a month after launching in the Twin Cities, real estate technology startup Opendoor is buying, on average, one to one-and-a-half homes per day across ...


Here's where the most homes are being built in the Twin Cities  Minneapolis / St. Paul Business Journal

Lakeville has seen the most single-family home construction in the Twin Cities thus far this year.


Where's it better to rent versus buy in the Twin Cities? We've done the math.  Minneapolis / St. Paul Business Journal

Here's a newsflash that might surprise: The U.S. housing market is far more favorable to buyers than it is to renters, at least when it comes to affordability.


2018's most expensive Twin Cities home sales, so far (slideshows)  Minneapolis / St. Paul Business Journal

In the first quarter of 2018, Twin Cities real estate agents sold more than $108 million worth of homes. That's an increase over the first quarter of 2017, when the ...


Town homes in trend across Twin Cities - Minneapolis  Minneapolis / St. Paul Business Journal

The number of permits issued for town homes across the metro surged over the last two months, pointing to trending interest in single-family homes, according to ...


Minnesota Homes will Remain in Great Demand in 2019  PRNewswire

MINNEAPOLIS, Dec. 19, 2018 /PRNewswire/ -- Today, RE/MAX INTEGRA, Midwest released its 2019 Housing Market Outlook Report providing insight into the ...


How $300K Homes Differ Based On Where You Buy  WCCO | CBS Minnesota

MINNEAPOLIS (WCCO) — The Twin Cities housing market is so hot this summer, the listing for your dream home could evaporate in days. Last month, the ...


Q&A: Innovation expert urges businesses to create 'disruption'  Finance and Commerce

Twin Cities-based author and business consultant Simone Bhan Ahuja helps big companies in health care, finance, manufacturing and other sectors think about ...


Report: It's now better to rent than own in Minneapolis (but just barely)  Minneapolis / St. Paul Business Journal

Buy vs. rent index says several markets are now tipping into the better-to-rent category.


IRET makes first buy in Twin Cities in over a year  Finance and Commerce

Investors Real Estate Trust has added another Twin Cities apartment complex to its growing multifamily portfolio with the purchase of a 272-unit Lakeville.


Signs still point to a seller's real estate market this spring  KSTP

Herb Tousley, the Director of Real Estate Programs at the University of St Thomas, said it's just too soon to say the past year's seller's market has turned into a ...


Twin Cities home prices hit record as buying cooled  Minneapolis / St. Paul Business Journal

A report found that the median sale price of homes rose 5.7 percent compared to a year ago, reaching a record high of $271900.


Trump aims new blasts at McCain, claims credit for funeral  St. Paul Pioneer Press

By LAURIE KELLMAN. WASHINGTON (AP) — Casting aside rare censure from Republican lawmakers, President Donald Trump aimed new blasts of invective ...


What’s Driving Twin Cities’ Office Market?  Commercial Property Executive

Marcus & Millichap Senior Associate Claire Roberts discusses the evolution and current state of the metro's office market, and she also shares her predictions.


Millennials Help Sustain Twin Cities Housing Market Boom  WCCO | CBS Minnesota

MINNEAPOLIS (WCCO) — Metro area home prices have climbed to a record high — and people are still willing to pay. The Twin Cities' housing market is in ...


What it takes to afford a home in the priciest Twin Cities neighborhoods  Minneapolis / St. Paul Business Journal

Edina, Wayzata and Shorewood have median home values of $757900, $596800 and $558500. Here's how much you have to earn to afford to live there and ...


5 Cheap Homes For Sale In The Twin Cities  Southwest Minneapolis, MN Patch

TWIN CITIES, MN — People have made a fortune all over the country by learning the art of flipping houses. They buy it on the cheap, they fix it up. Then, they ...


Shortage of listings stifles sales, tightens Twin Cities market  Minneapolis Star Tribune

The average number of listings fell below 10000 in April for the first time in decades, leaving buyers with about half as many options as there were six years ago ...


Housing affordability crisis: Policymakers must be deliberate in fixing it  MinnPost

Minnesota's growing housing affordability crisis has been getting a lot of needed attention as of late. Past initiatives, including former Gov. Mark Dayton's 2018 ...


Changing the Narrative on Affordable Housing in the Twin Cities  Urban Land

Stakeholders who have worked to push for more affordable housing know firsthand that it can often be a contentious issue. But what if there were a way to avoid ...


In a first under new law, a Minnesota home sells with notary watching from afar  Minneapolis / St. Paul Business Journal

A law permitting remote online notarizing in Minnesota took effect Jan. 1. Notarize, in partnership with Redfin and Title One, completed Wednesday what it said ...


Three Twin Cities sites in running for USDA research offices - Minneapolis  Minneapolis / St. Paul Business Journal

The U.S. Department of Agriculture is planning to move two research subagencies with hundreds of employees out of the Washington, D.C., metro area, and ...


Back Story: Peter Fitzgerald keeps real estate his home field  Finance and Commerce

Twenty or so years ago, Cushman & Wakefield's Peter Fitzgerald expected to become a professional baseball player. When the Edina native wasn't attending ...