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Leaving its historic home isn't easy, but the design firm has decided to embrace change.
Minneapolis added nearly 5,000 apartments last year, not enough to match jobs.
New-home permits soar in January despite land and labor shortages.
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 less than $375,000.
Apartment project early test for city's new density plan.
Find out how your community fared in our searchable Hot Housing Index for 2018.
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 metro there were only 59,223 home sales last year, a decline of more than 2,000 from the year before.
Builders paid more for land, labor and materials, making it difficult for them to cater to a segment of the market where demand was most fierce: first-time buyers and downsizing baby boomers.
Todd Urbanski takes the reins as 2019 president of the Minneapolis Area Realtors at a time of moderate tumult.
No-visit, all-cash house buying is expected to expand in coming year.
Gino Blefari replaces HomeServices of America founder Ron Peltier, who will become executive chairman.
The deal includes 40 offices and 1,750 sales agents and staff in 21 counties in Florida.
After the first full business week since the shutdown began, executives and entrepreneurs are starting to see more widespread effects.
Isadore Nut Co. discovered the solution to its cost problem in the kitchen of a Golden Valley apartment building.
Labor crunch in Twin Cities building trades has led to increasing construction delays and higher costs.
Rise in listings, decrease in sales suggest Twin Cities area prices should decline. But for now, median sale breaks $265,000 in November, a record.
Developer says it will focus on projects in the suburbs.
One of the downtown Minneapolis office buildings that houses Target Corp. has a new owner.
The project includes 309 housing units, commercial space and enclosed parking.
Its deal for OwnAmerica Real Estate is part of plan to evolve how it does business digitally.
Seeking new markets, Los Angeles-based AECOM goes after Twin Cities residential projects.
Side-by-side townhouses in inner-ring suburbs continue to see strong demand.
The organization known for its construction efforts is turning its attention to the mortgage side of the real estate industry.
Simon's professional relationship with Kent Hrbek lasted a decade longer than Hrbek's baseball career. Their friendship lasted until Simon's death.
An uptick in new listings continued the slow rebalancing of the area's housing market.
The number of units hitting the market continues a bullish pace, though demand appears to be softening in some areas.
Modified vans are aimed at travelers who want to keep it simple, but don't want to sleep on the ground in a tent.
The Edina agent follows in his father's footsteps.
Founder Joel MacIntosh sees deal with Ojo Labs as step into industry's future.
Funding will boost housing developments in 55 communities.
Brenda Tushaus brings a tech background to her new role in charge of revenue-generating business initiatives and leading the strategy for growth.
The respite from recent declines comes as rising mortgage rates suggest a slowing market ahead.
Home sales are down from a year ago, more sellers are cutting their asking price and mortgage rates are climbing.
Combined company will work on a tool to help people search for homes more quickly.
It's one of the biggest, most expensive rental projects ever undertaken by Opus Development, with some units fetching more than $10,000 a month.
Twin Cities sees sharp drop in single-family home construction
With little room for much-needed car slots, Minneapolis developers turned to a Rubik's Cube stacking system for their project.
Multiple listing services are consolidating as technology changes the way data is used by agents.
Supply remains tight, but there's been an uptick in the number of homes hitting the market, and prices are starting to moderate.
Opendoor makes unsolicited offers, streamlines sales process.
Millions of dollars are being poured into the redevelopment of the last surface parking lots on the east end of downtown Minneapolis.
The sluggish pace of single-family homebuilding continues to be a drag on the industry.
At least 2020 is when experts see key indicators in the housing market tilting toward buyers.
An overwhelming majority of construction firms are having a hard time hiring qualified workers — particularly hourly craft professionals, it says.
Minnetonka mall sold in "very attractive" deal that includes two other facilities.
Minnesota Sen. Amy Klobuchar remembered the late Sen. John McCain as a friend as well as a colleague, while Al Franken recalled his first encounter with the late Arizona senator.
Developers expect a surge of new units in key parts of the metro, and signs of a market shift have already emerged in some cities.
Homebuilders say a limit on fees cities can assess will make housing in the Twin Cities more affordable. The fees help pay for roads, gutters and other infrastructure.
New design, construction techniques have prompted the contractor to bring science expertise in-house.
More houses are coming on the market, but buyers are still scrambling to find entry-level properties.
Solaris looks to add more than 300 upscale units in hot Minneapolis neighborhood.
It will spend more than $26 million to perk up a run-of-the-mill bank building.
But there's growing concern about the depth of the rental market in certain areas.
Proposed height drew neighborhood opposition.
Edina Realty is launching Emma, a virtual real estate assistant that helps agents make better use of technology.
Applications to build for-sale houses were nearly flat while rental apartment construction tanked, reversing a two-month trend.
A representative of the Wilf family's real estate business will present plans next week to a downtown neighborhood group.
Several income-restricted apartment projects are coming to an area known for soaring rents.
This week the Minneapolis Planning Commission unanimously approved controversial plans for a pair of new apartment towers overlooking Bde Maka Ska. St. Louis Park-based Bader…
Sale prices set records as shortage of entry-level homes continues to upend market.
More owners of affordable homes rent them out rather than offer them for sale.
An annual survey by Real Trends, a Denver-based real estate research company that ranks the top agents and teams across the country, found several…
Building permits were up sharply in June for houses and apartments. "Builders are still making up for the slowdown caused by the long winter," the builders' association president said.
The marketing powerhouse will stop at nothing to make you know his name.
Minneapolis will consider three new apartment projects. One is an eight-story complex on the downtown site of Grumpy's Bar. In all, the 3 would total about 500 rentals.
HomeServices grabs residential independent Ambassador.
But the rare rise couldn't create more total sales in the Twin Cities last month.
The $550,000 will be used to bolster Aeon's focus on creating quality affordable rental housing.
Municipal planners will review hundreds of units across the city this week.
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.
Construction started this week on an innovative mixed-use development that includes senior rental housing and first-floor commercial space in St. Paul. The Selby Milton Victoria…
HSA has been on a shopping spree for the past several years as it targets companies in new and existing markets.
Lodging and activities are changing with visitors' expectations
One of the most expensive neighborhoods for renters in the Twin Cities could get a big batch of more affordable apartments. Minneapolis-based Schafer Richardson has…
The average number of listings fell below 10,000 in April for the first time in decades, leaving buyers with about half as many options as there were six years ago and 25 percent fewer than last year at the same time.
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