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Buying & Selling Homes in the Twin Cities
 

TESTIMONIALS
Buying a house is a major investment for our family. Having limits financially, it was important for us that the focus would be on what exactly we can afford with a quality to match it. And being newbies in the home-buying market, a lot of questions need to be addressed and explained in way that we can best understand. Matt did all of this and more. Right away, his focus is on what we want, what's important to us and what our concerns are. His patience, knowledge and mastery of the whole process made the home-buying experience a very pleasurable one, and the first important step to truly enjoy our new home for years to come. And we truly appreciate Matt for all of this.

Victor & Richelle Amigo
Eden Prairie

 
 

TWIN CITIES REAL ESTATE NEWS

Courtesy of Google News
Commercial Real Estate Cost Crunch Commercial Real Estate Cost Crunch  Twin Cities Business Magazine

Several commercial real estate leaders are “very concerned” about a projected uptick in the costs of land and building materials over the next couple years.


Apartments, restaurant proposed for vacant land near the Village at Mendota Heights  St. Paul Pioneer Press

A long-deserted chunk of city-owned land adjacent to the Village at Mendota Heights housing and retail area is pegged for development once again. This time ...


Are Twin Cities bungalow homes an endangered species?  Star Tribune

A beloved American house style faces new challenges — urban development and a generation of buyers with an HGTV-honed aesthetic.


Real Estate: No Twin Transit Center Leads to Downtown Development Opportunity  Centralia Chronicle

Twin Transit announced during a board meeting Tuesday that it is now focused on expanding and renovating its current building at 212 E. Locust St. rather that ...


HUD Secretary Carson defends Trump housing policy in Minneapolis  MPR News

U.S. Housing and Urban Development Secretary Ben Carson Tuesday visited a low-income housing development in Minneapolis and defended the Trump ...


List Leaders: Twin Cities' largest LGBTQ-owned businesses  Minneapolis / St. Paul Business Journal

A look at the largest LGBTQ-owned business in the Twin Cities area, ranked by headcount.


Ackerberg Group Acquires Three Office Properties  Twin Cities Business Magazine

Minneapolis-based commercial real estate firm The Ackerberg Group has acquired three office properties in three distinct locations in two different transactions.


The challenge of turning an old newspaper building into housing in downtown St. Paul  St. Paul Pioneer Press

Developer Bill Bisanz faced a challenge when he planned to buy a vacant 1950s-era office building in downtown St. Paul several years ago. Bisanz wanted to ...


Home listings: What $300K buys in the Twin Cities area  Minneapolis Star Tribune

Long Lake. Bill Sweatt. -. Built in 1950, this two-bedroom, two-bathroom house has 1,386 square feet and features a fireplace, vaulted ceilings, redwood interior, ...


First-time homebuyers partnering with Habitat for Humanity to buy homes  White Bear Press

Twin Cities Habitat for Humanity recently created a first-of-its-kind mortgage program that targets those who want to buy an existing house, but don't earn ...


Business People: Sunday, May 26  St. Paul Pioneer Press

Northern Lights.mn, a Minneapolis-based arts organization, announced that co-director Steve Dietz will step away from the everyday administration of the ...


What's behind the epidemic of broken escalators in downtown Minneapolis?  MinnPost

Earlier this winter, it seemed there were more escalators out of *service* in Minneapolis than there were working ones. That's an exaggeration, but when elevators ...


As Twin Cities housing costs rise, more married couples are renting out rooms  Star Tribune

Like a lot of married couples, Meghan McManus and Aaron Albee like to wind down after a long day, curling up on the sofa with their pets, a cocktail and a Netflix ...


Maplewood considers affordable housing plans  Finance and Commerce

The city of Maplewood is showing preliminary support for a pair of development proposals that could help meet the city's need for 500-plus new affordable ...


Renters Warehouse  WCCO | CBS Minnesota

New home listings in the Twin Cities are on the rise as we head into summer, but before you put up that “For Sale” sign, real estate investment expert Kevin ...


6 North Shore resort properties change hands in sale  St. Paul Pioneer Press

Six North Shore resort properties are now under new management due to an investment sale announced Tuesday. Ownership of Odyssey Resorts and ...


Apartment proposal at former Island Station power plant promises Mississippi River access  St. Paul Pioneer Press

Ryan Swingruber said he has big plans for the former Island Station site in St. Paul, but not too big. The 10-acre parcel of land bordering the Mississippi River ...


LMC Launches Fourth Twin Cities Apartment Project  ConnectCRE

June 10, 2019. LMC, the multifamily development arm of homebuilder Lennar, has launched construction at Odin, a luxury mixed-use apartment community in ...


CBRE's Boich Will Head Twin Cities Property Management  ConnectCRE

June 10, 2019. CBRE's John Boich has been promoted to managing director of property management for the Minneapolis market. Boich (pictured) joined CBRE ...


Twin Cities housing market good for moving up the ladder, not good for getting on  Bring Me The News

It's good for those moving up the ladder, less so for those getting on.


Cost to extend Minneapolis’ Midtown Greenway to St. Paul? $7M to $27M, depending on this bridge.  St. Paul Pioneer Press

Beginning in 2003, in the early days of the Midtown Greenway, Paul Nelson would show his dedication by cycling across the busy Lake Street-Marshall Avenue ...


Meet the gay Twin Cities cops who straddle the rift between police, community  City Pages

Gay Pride in the Sheriff's Office. 0. Metro Transit Police Sgt. Dave Hutchinson was driving down Lake Street one day when the friendly neighborhood addict, ...


Zillow to start buying homes directly from sellers in Twin Cities  Bring Me The News

The Twin Cities becomes the 10th metro where Zillow has launched its buying *service*.


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 ...


Twin Cities home prices will continue their climb, report predicts  Minneapolis / St. Paul Business Journal

Median homes sale prices across the Twin Cities will continue to rise in 2019 as supply remains short of the demand for housing, a University of St. Thomas ...


Where to go on a first date in Minneapolis and St. Paul  Eater Twin Cities

The first date can be exciting, nerve-wracking, but more often than not, painfully awkward. In between bites of food you can find yourself trapped in forced ...


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 ...


Business People: Sunday, June 2  St. Paul Pioneer Press

The Minnesota chapter of the Public Relations Society of America announced that it presented 38 awards at its 41st Annual PRSA Classics Awards; Katie ...


Twin Cities housing market is 'meandering back toward a middle ground' - Minneapolis  Minneapolis / St. Paul Business Journal

The Twin Cities set a single-month record in March when the median sales price for a single-family home hit $275000, but there are signs the long-running ...


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 ...


The birth of Defend Glendale & Public Housing Coalition  MSR News Online

News Analysis. Last week, the MSR explored Minneapolis' public housing rehab woes related to HUD's Rental Assistance Demonstration. This week, the MSR ...


Twin Cities home values declined in April, Zillow says  Twin Cities Business Magazine

Home values in the Twin Cities have slipped for the first time in seven years, according to a new analysis from online real estate research company Zillow.


Twin Cities housing market sets record for median sales price  Minneapolis / St. Paul Business Journal

The Twin Cities set a new single-month record for the median sales price of a single-family home in March, even as above-average precipitation and soggy ...


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 ...


Trump stalks out on Democrats, demands end of investigations  St. Paul Pioneer Press

WASHINGTON — President Donald Trump abruptly stalked out of a White House meeting with congressional leaders Wednesday, flatly declaring he would no ...


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 ...


Port Authority to steer master plan, clean $2.5 million in mercury contamination at Hillcrest Golf Course  St. Paul Pioneer Press

The St. Paul Port Authority will play a leading role in the future of the shuttered Hillcrest Golf Course site on St. Paul's East Side. The 112-acre property off ...


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.


Report: Cost of housing in Twin Cities region on track to rival Denver, Seattle  MPR News

A newly released report from the Family Housing Fund says the cost of housing in the seven-county Twin Cities region is higher than cities like Austin, Texas; ...


Dunkin' Donut's Hastings Store First of More to Come in Twin Cities  Twin Cities Business Magazine

The owner of Dunkin's recently opened restaurant in Hastings says he plans to open at least 17 sites total in the Twin Cities. Elias Saman, the restaurant's owner ...


The Twin Cities have a beautiful new soccer stadium. Why doesn't Boston?  The Boston Globe

ST. PAUL — On a recent Saturday evening, waves of soccer fans wearing blue-gray jerseys and scarves streamed from a train station and walked toward the ...


Report shows Twin Cities housing market on track to be as expensive as Denver, Seattle  KARE11.com

MINNEAPOLIS — A new report says the Twin Cities housing market is on track to be as expensive as places like Seattle and Denver. The Family Housing Fund, ...


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 ...


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 ...


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 ...


Faribault: Global Reach, Local Focus Faribault: Global Reach, Local Focus  Twin Cities Business Magazine

How a southern Minnesota town has attracted international investment and welcomed change without losing its roots.


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 ...


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 ...


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 ...


Shifting Twin Cities real estate market  KARE11.com

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


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 ...


Industrial Equities sells 34 Twin Cities industrial buildings for $227 million to Blackstone - Minneapolis  Minneapolis / St. Paul Business Journal

Industrial Equities has sold its portfolio of 34 industrial buildings across the Twin Cities for $227 million to New York-based Blackstone's real estate investment ...


Hugh Hewitt: America’s enemies are on notice about this president  St. Paul Pioneer Press

America's enemies are on notice: The president is no longer an eloquent pushover professor-president but a ruthless real estate developer and television ...


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.


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 ...


March homebuilding permits dip to four-year low, BATC-Housing First Minnesota reports - Minneapolis  Minneapolis / St. Paul Business Journal

This was the slowest March for new metro-area residential construction permits since 2015, BATC-Housing First Minnesota reported this week. One of the ...


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 ...


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.


Single-family home starts down so far this year  Minneapolis / St. Paul Business Journal

Permits for construction of new single-family homes in the Twin Cities are down 8 percent in 2019 compared to the first four months of 2018, adding to concerns ...


Rising Young Professionals of 2019: Ari Parritz  Finance and Commerce

For Ari Parritz, developing a 256-apartment mixed-use project in a historic Minneapolis neighborhood means managing neighbor relationships and government ...


Ten reasons why NBA players should hope to call Indianapolis home  Kent Sterling

Tomorrow's NBA Draft and the beginning of free agency have prompted a lot of talk about how everyone hopes to play in a vibrant and fun city. Indianapolis ...


The Twin Cities housing market is heating up  KMSP-TV

The change of season means a more active at housing market.


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 ...


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...


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 ...


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 ...


The most significant action when selling your home? Staging.  St. Paul Pioneer Press

Marina and Daniel Ein acquired an extraordinary collection of Oriental rugs, antiques and art over a lifetime of travel. When it came time to sell their ...


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

With entry-level house listings still hovering near all-time lows, prices across the Twin Cities metro broke another record last month. But relief is on the way: More ...


Single-family Twin Cities home permits up in January  Finance and Commerce

Permit activity for construction of single-family homes in the Twin Cities is off to a hot start, but planned multifamily units in January are down from year-ago levels ...


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 ...


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 ...


Why it's so expensive to build a house in Minnesota right now  MinnPost

The inflation-adjusted median price of a new home in Minnesota is more than double what it was in 1970.


Living the ‘pura vida’ in Costa Rica: sun, surf, yoga  St. Paul Pioneer Press

It's a Blue Zone, a green destination, and a white beach wonderland. A visit to Nosara, Costa Rica, is a colorful adventure of sun, sand and simple living — or ...


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 ...


Census data show Twin Cities home vacancy is second-lowest in nation  St. Paul Pioneer Press

Looking for a vacant home in the Twin Cities? Good luck with that — the latest findings from the U.S. Census show home ownership vacancies are the ...


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.


Twin Cities home sales slip in March as supply of starter houses drops  Star Tribune

It's been a less-than-stellar spring for first-time home buyers in the Twin Cities.


Twin Cities commercial real estate experts provide their 2019 outlook at Business Journal panel - Minneapolis  Minneapolis / St. Paul Business Journal

Perhaps the biggest concern on everyone's mind is the rising cost of construction, which could slow down what has been several years of a boom in the industry.


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 ...


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.


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 ...


Big deals fuel Twin Cities 2018 office market – Finance & Commerce  Finance and Commerce

The big office deal was back in 2018 as high-dollar sales paced the Twin Cities market to twice the prior year's volume. Four metro office buildings sold for more ...


In Minneapolis, the Majority of Households are Now Occupied by Renters  Twin Cities Business Magazine

The shift comes as many are calling for more renter inclusion in neighborhood organizations as part of Minneapolis' Neighborhoods 2020 plan.


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.


This Victorian home could be yours for free – provided you can move it  Bring Me The News

For sale: Beautifully-designed Victorian home. Location: Jordan, Minnesota. Price: $0. That's a little misleading of us, because this home put on the market by ...


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 ...


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 ...


Senior housing operators expand reach in 2019  Minneapolis / St. Paul Business Journal

Here is a look at some of the new senior living facilities that will break ground or finish construction in the Twin Cities this year.


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 ...


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 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 ...


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 ...


Real estate market shows signs of shift | Lake Minnetonka 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 ...


Are Mixed-Use Projects the Right Path Forward for the Twin Cities?  Twin Cities Business Magazine

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


To expand Twin Cities economy of the future, the minority-achievement gap must shrink  Star Tribune

Jamil Ford, an architect and small-business owner, and Devean George, a real estate developer, are collaborating on a second multifamily housing-commercial ...


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 ...


How a 'dump,' a drug den and a 'weird' house became 3 cool Twin Cities homes  Star Tribune

Resourceful homeowners who tackled extensive renovations will open their doors during the Minneapolis & St. Paul Home Tour.


Lennar was the top homebuilder in the Twin Cities in 2018, new report says  Minneapolis / St. Paul Business Journal

Lennar Minnesota led a list of the top 25 Twin Cities homebuilders released Thursday by BATC-Housing First Minnesota.


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.


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 ...