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Buying & Selling Homes in the Twin Cities
 

TESTIMONIALS
Matt is an outstanding Realtor and a dedicated worker. He was flexable, patient, informative, and available for every walkthrough and question I had. Throughout the process he was professional but casual in that I always felt I could talk to him about wants for the house I would ultimately find. Buying a house is stressful and daunting, but Matt made it an easy process, I could not have wished for anything better.

Dave Striegel
Apple Valley

 
 

TWIN CITIES REAL ESTATE NEWS

Courtesy of Google News
With a new campaign, Greater MSP makes a push for tech talent and firms  Star Tribune

Greater MSP, the public-private economic-development agency for the Twin Cities, launched a new effort to recruit technology industry workers and firms to the ...


South St. Paul’s Serbian Home — ‘the forgotten hall’ — has a new owner with a new plan  St. Paul Pioneer Press

The old Serbian Home in South St. Paul appeared abandoned on a recent weekday. The sidewalks and steps had yet to be cleared of the previous night's ...


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 ...


Minnesota Bankers Define Terms for Growth in 2019 February 15, 2019  Twin Cities Business Magazine

Despite concerns over trade and weakness in the agriculture sector, Minnesota bankers expect to see the state's economy continue to grow this year.


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 ...


'Property Brothers' dish on what it'll take for them to do home makeover show in Minnesota  Star Tribune

When Drew and Jonathan Scott, aka the “Property Brothers,” return to the Minneapolis Home + Garden show next week, there's sure to be one question on many ...


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 ...


The Riveter, Co-Working Aimed at Women, Set to Open in Twin Cities  Twin Cities Business Magazine

Shared workspace options are growing at a rapid clip, although The Riveter focuses on women workers and entrepreneurs.


Business People: Sunday, Feb. 10  St. Paul Pioneer Press

Minneapolis-based Solve has been named agency of record for Sunoco, a Dallas-based gasoline retailer and wholesaler. … Nemer Fieger, St. Louis Park, ...


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 ...


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.


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

In the early 1980s, Jim Maciej owned a small real estate brokerage and he wanted to build his business, but he was young and needed help. So he called a few ...


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 ...


Are mixed-use projects the right path forward for the Twin Cities?  MinnPost

We explore the benefits and challenges of the mixed-use development approach.


Business People: Sunday, Feb. 3  St. Paul Pioneer Press

Clarity Coverdale Fury, Minneapolis, announced that Scott Denham has joined the agency as the director of strategic planning. … Leslie Rosedahl of St. Paul ...


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 ...


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 ...


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 ...


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.


Charley Walters: Minneapolis’ Fred Bryan will be Super Bowl umpire  St. Paul Pioneer Press

Another Twin Cities official will work a Super Bowl. Fred Bryan from Minneapolis will be announced as the umpire on the field for next Sunday's Super Bowl LIII ...


Study: Minnesota commercial real estate industry leaders getting more pessimistic  Minneapolis / St. Paul Business Journal

Commercial real estate professionals in the Twin Cities are getting a little more gloomy, even if they're not worried about a major downturn.


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

Frustrated by a lack of options and rising prices, many would-be home buyers in the Twin Cities took a breather last month. But with house listings in short supply ...


How Minneapolis' Somali community became the terrorist recruitment capital of the US  Fox News

Over the past twelve years, more men have joined – or attempted to join – a foreign terrorist organization from the largely Somali-American Minnesota than any ...


Twin Cities housing affordability hit another 10-year low in October  Minneapolis / St. Paul Business Journal

Home affordability in the Twin Cities metro area hit another decade-low in October, according to the Minneapolis Area Realtors' latest survey released Friday.


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.


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.


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 ...


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 ...


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 ...


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 ...


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 ...


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 ...


Why aren't there more homes to sell in the Twin Cities? They never got built, study says  Minneapolis / St. Paul Business Journal

Minneapolis/St. Paul is missing tens of thousands of homes that would have typically been built over the past decade or so — but weren't, contributing to a ...


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 ...


Twin Cities industrial real estate sector is on the rise  Star Tribune

Growth of e-commerce, manufacturing is turning the ugly duckling of commercial real estate into its strongest, most profitable sector.


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 ...


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 ...


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.


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 ...


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 ...


Bye-bye starter homes: Builders not meeting biggest need in Twin Cities housing market  MPR News

For years, the costs of building a house have risen faster than people's incomes. That's true in Minnesota and across the country. Today, the gap between ...


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 ...


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 ...


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.


Shortage of listings stifles sales, tightens Twin Cities market  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 ...


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 ...


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

Home sellers continued to benefit, but buyers held back in June as the inventory of homes for sale fell short of demand in the Twin Cities. 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 ...


Twin Cities home sales market will tip toward buyers, but not until 2020: Report - Minneapolis / St. Paul  Minneapolis / St. Paul Business Journal

The market for homes in the Minneapolis/St. Paul metro, which for the past year has given sellers most of the power, could stay that way until 2020, according to ...


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


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

$146,043: That's the minimum annual income needed to qualify for a 30-year mortgage on a median-priced home in Edina's ZIP code 55424. At $757,900, the ...


Twin Cities home sales plunge 12 percent as supply thins even more  Star Tribune

The pickings have never been slimmer for home buyers this spring in parts of the Twin Cities, and that's putting a lid on home sales. Buyers across the metro ...


Widow of Sheriff's Deputy Speaks Out About Mental Illness  U.S. News & World Report

Cindy Lannon is raising awareness about mental illness and PTSD with law enforcement officers after her husband, a Washington County sheriff's deputy, died ...


Huge response to CREDAI property show  The Hindu

The Confederation of Real Estate Developers' Associations of India's (CREDAI) Hyderabad Property Show concluded here on Sunday with more than 70000 ...


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.


Homebuilders innovate to meet changing needs of Twin Cities buyers  Minneapolis / St. Paul Business Journal

Homebuilders are responding to changing consumer habits and a precarious housing market with smaller and more flexible options.


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 ...


Dream Homes: Pristine Edina home on the market for $4 million  Minneapolis / St. Paul Business Journal

A five-bedroom, seven-bathroom home in Edina is on the market for $4 million. The 9,149-square-foot estate sits at 5012 Oak Bend Lane, near Interlachen ...


What's on the Horizon for Commercial Real Estate?  Twin Cities Business Magazine

Five industry leaders discuss the trends and challenges of today and tomorrow.


What Opendoor brings to Twin Cities: New tech, deep pockets  Minneapolis / St. Paul Business Journal

An "instant" homebuying *service* plans to give the Twin Cities housing market an infusion of technology — and plenty of cash, too. Open Door Labs Inc., a San ...


Millennials are jumping in the housing market. Here’s a few things they should know.  St. Paul Pioneer Press

Texas transplants Ashlea and Nick Garrison attended a Twin Cities homebuying class on a Saturday in early May. The couple met with a personal counselor the ...


4 Twin Cities industrial buildings sell for $40 million  Minneapolis / St. Paul Business Journal

Altus Properties, a St. Louis, Mo.-based real estate investment firm, has sold a portfolio of four industrial buildings in the Twin Cities for a total of $40.4 million.


Twin Cities home sales continue slide  Finance and Commerce

Closings of Twin Cities home sales fell for the fifth month in a row in April, down 5.2 percent from a year earlier.


CREDAI help sought to push affordable housing in State  The Hindu

MP Kavitha calls for quality construction projects at property show.


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 ...


2018 wasn't the blockbuster Twin Cities homebuilders had hoped for  Star Tribune

A dearth of house listings and the lowest mortgage rates in a generation were supposed to make 2018 the best year since the recession for Twin Cities ...


CommonBond pushes forward on Twin Cities affordable housing projects  Minneapolis / St. Paul Business Journal

CommonBond Communities' plans for three affordable housing projects in the Twin Cities were recently given a bump by grants from the Minnesota Housing ...


Find the hottest Twin Cities housing markets of 2017  Star Tribune

For the second year, the Star Tribune compared home sale data in the Twin Cities to determine which cities had the hottest markets in 2017. How did your city ...


Home listings: What $184900 buys in the Twin Cities area  Minneapolis Star Tribune

What you get for the money in Crystal, St. Paul and North St. Paul.


New report sheds light on Twin Cities housing market  KARE11.com

The rising home prices have helped increase demand for homes, but stifled the opportunity to purchase a home.


Median home sale price hits $268000 in the Twin Cities  Star Tribune

The imbalance between home buyers and sellers in the Twin Cities last month was a little less out of whack than it's been in years, but sellers still rule when it ...


Hy-Vee bets on real estate turnarounds in the Twin Cities  Grocery Dive

Hy-Vee has set its Minnesota expansion sights on underappreciated real estate vacated by other retailers, according to the Pioneer Press. The Iowa-based ...


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.


A Page From Our Past: Museum’s newly acquired Lincoln letter window into legal career  Bloomington Pantagraph

The McLean County Museum of History, as part of its Presidents Day activities on Monday, will have on public display its recently acquired Abraham Lincoln ...


Plymouth-based Dominium is Minneapolis/St. Paul's biggest groomer of real estate developers - Minneapolis / St. Paul  Minneapolis / St. Paul Business Journal

There are at least 27 former Dominium developers who have started their own firms, helmed major projects for other companies or remade properties locally and ...


The Best Time To Sell A Home In The Twin Cities: Report  Southwest Minneapolis, MN Patch

When To Sell Your Home In The Twin Cities - Southwest Minneapolis, MN - Looking to move? Here's the best time to sell in the Minneapolis-Saint Paul metro.


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 ...


Building permits off, but townhouses remain bright spot for Twin Cities  Star Tribune

Homebuilders had a much better month than apartment developers in the Twin Cities metro in November, where construction declined slightly but outpaced the ...


Ford site Q&A: What comes first, what about the ballfields, more  St. Paul Pioneer Press

Over the past 80 years, the Ryan Cos. have designed and constructed some of the most recognizable structures in the Twin Cities, from CHS Field in downtown ...


Kraus-Anderson Development is one of the 10 largest developers in the Twin Cities, and growing - Minneapolis / St. Paul  Minneapolis / St. Paul Business Journal

KA has climbed into the top 10 largest Twin Cities developers (eighth on this year's list) and has completed some of the highest-profile local projects in recent ...


Twin Cities multifamily permits soar in September  Finance and Commerce

Cooler weather brought mixed results for residential construction activity in the Twin Cities as permits skyrocketed in September for new multifamily units but ...


Allianz Field, Dayton's Project, Gateway Tower, Riverfront Properties and condos are stories to watch in 2019 - Minneapolis / St. Paul  Minneapolis / St. Paul Business Journal

Forecasters have been predicting the end of a commercial real estate boom for a couple years now, and so far the market remains hot. That means 2019 could ...


HavenBrook Partners's Twin Cities portfolio of rental houses sold to Front Yard Residential Corp. - Minneapolis / St. Paul  Minneapolis / St. Paul Business Journal

Hundreds of renters in North Minneapolis and other lower income Twin Cities neighborhoods have a new landlord. HavenBrook Partners, a Georgia company ...


Closed home sales keep dropping in Twin Cities  Finance and Commerce

There were more Twin Cities homes for sale in February than in January, but closed sales and new listings still fell well below 2017 levels, according to the latest ...


Here’s why your 2019 property tax bill is so high  St. Paul Pioneer Press

If you're a homeowner with sticker shock over your most recent tax bill, you are not alone. Homeowners are getting hit with a double-whammy on their proposed ...


Home listings soar in August; affordability continues to be a challenge  Minneapolis / St. Paul Business Journal

There were 7814 homes listed for sale in Minneapolis in August, a 7.6 percent increase over August 2017. Meanwhile, the median sale price of homes jumped ...


Three inducted into Minnesota Real Estate Hall of Fame  Finance and Commerce

Russ Nelson, Tom Holtz and Jim Nelson are the newest additions to the Minnesota Real Estate Hall of Fame.


Resilient Twin Cities apartment market faces big test ahead  Star Tribune

The record number of new apartments coming online in the Twin Cities has yet to produce a glut of vacant units. But with an even bigger batch of rentals headed ...


Best Tiny Homes On The Market In The Twin Cities  Southwest Minneapolis, MN Patch

MINNEAPOLIS-SAINT PAUL, MN — Are you looking to downsize but aren't interested in a downtown condo? Patch has compiled some of the best tiny homes ...


BTN11: New report sheds light on Twin Cities housing market  KARE11.com

Herb Tousley, director of the real estate program at the University of St. Thomas, says rising home prices are padding pockets for some Twin Cities homeowners.


High prices for existing homes help construction take off in metro  Star Tribune

As low inventory and bidding wars drive up prices of existing homes in the Twin Cities, May's permits for new-home construction hit their highest level in years.


Lake Minnetonka crushes 2018 luxury home market  Finance and Commerce

The list of top home sales in Minnesota this year is a stunner. After a decade on and off the market, the most expensive listing in the state finally became its top ...


Expanding the Horizon for Homeownership in the Twin Cities  Next City

A decade ago, Hunde Takele arrived from Ethiopia to the Twin Cities as a “lucky winner” of the U.S. green card lottery. “It was really hard to win,” he says, not just ...


City of Dayton calls a year-long halt to new housing  Minneapolis / St. Paul Business Journal

The city of Dayton on Wednesday approved an ordinance to halt new subdivisions of land for a year.


Median Home Prices In Twin Cities Area Towns And Suburbs  Patch.com

Median Home Prices In Twin Cities Towns, Suburbs - Across Minnesota, MN - Check out the prices of homes in Stillwater, Woodbury, Maple Grove, Eagan, ...


Meet the man behind the face on all those Kris Lindahl billboards  Star Tribune

If you don't know Kris Lindahl, you probably haven't driven a Twin Cities highway. His face is plastered on billboards throughout the metro and on just about ...


Report: Shortage jacking up Minneapolis house prices. Realtors: 'Duh'  City Pages

There's been a development in Minneapolis' reckoning with its affordable housing problem -- that problem being, specifically, that there isn't any.…


Minneapolis still battling against vacant properties -- even in housing shortage  Star Tribune

Nearly 340 residential buildings sit empty and boarded across Minneapolis, despite a severe housing shortage and a steep vacant property fee that has raised ...


Twin Cities Mansion Features Infinity Pool, Secret Room  St. Louis Park, MN Patch

Mansion Features Infinity Pool, 'Secret Room' - St. Louis Park, MN - Other features include an outside basketball court, playhouse, and a six-car garage with ...


Take a look at Karl-Anthony Towns' new $4.5 million lake house (gallery)  Minneapolis / St. Paul Business Journal

Karl-Anthony Towns, the Minnesota Timberwolves' 7-foot center, appears to have purchased a glitzy estate in Medina formerly owned by Denny Hecker.