Recent content from Jim Buchta
The 20- and 24-story towers will transform the look of France Avenue near Southdale.
More than 20 percent of metro homeowners who have a mortgage wouldn't clear enough money in a sale to cover real estate commissions and other selling costs and to make a down payment on another home, according to a Star Tribune analysis.
More than 20 percent of Twin Cities mortgaged homeowners don't have enough equity to cover the cost of selling and moving up, stifling house listings.
April listings drop 8.3 percent, heating up competition and boosting prices.
Twin Cities-based Edina Realty has a new president: Sharry Schmid, who takes over for Barb Jandric, who retired after 34 years at the company.
Several much-anticipated changes to Minnesota’s construction-defect laws are closer to the governor’s pen. The amendments to House File 1538 received bipartisan support and went to…
The popular store has been in the Uptown area since 1974.
But it's not enough to satisfy demand in some part of the region.
Its effort to demolish a 1950s office building on the lake's north side to build a 200-unit residential tower moves forward.
Vacation home buyers hit pause in 2016 while real estate investors turned up the volume. That is according to a just-released survey of second-home and…
But the boom might fade because too few are currently on the market, especially entry-level homes.
Real Trends released its latest rankings of brokerages across the U.S., which is based on data from a voluntary survey.
With the leading edge of the baby boomer generation easing into retirement, senior rental projects are on the upswing in the Twin Cities.
The technology has gone down in price and is now easier to use, buyers and their agents aren't as afraid of technology as in past years, and real estate markets are more global than ever.
Twin Cities-based HomeServices of America is expanding its East Coast holdings with the acquisition of Gloria Nilson & Co. Real Estate in New Jersey.
Housing construction in the Twin Cities metro soared in March to its best numbers in at least a decade, the Builders Association of the Twin Cities said Friday.
Elevage Development Group of Blaine is building a $40 million mixed-use project in Shoreview that will bring upscale apartments and townhouses to a part of…
Neighbors say the Alatus project is too tall. A judge will decide April 19.
The late Twins star's home has five bedrooms and seven bathrooms.
She is winding down her 40-year career and will retire from Coldwell Banker Burnet.
Affordable areas near urban amenities are in demand – like Richfield.
Are you living in a hot housing market? To find out, the Star Tribune’s housing market index combines four key housing metrics for cities with…
In 2013, a Twin Cities landowner posted a Craigslist ad for a half block that fetched considerable attention, in part because of its $5 million asking price. It's finally being sold.
Investor-owned rentals are having an effect.
It’s a common complaint among Twin Cities-area developers: New homes in the Twin Cities cost a lot because of high land, labor and permitting fees.…
The deal happened before the house was publicly listed.
After solid February numbers, builders optimistic for big year.
The owner of two prominent Minneapolis apartment buildings has filed a lawsuit against Airbnb, the short-term rental company that is helping transform the way people…
Mattamy's local assets will be purchased by CalAtlantic and M/I.
Nearly all of it will be in upscale buildings in the suburbs, where there's been little new apartment construction since the 1980s. Only 1 in 10 will be for low-income renters.
Despite a healthy uptick in homes coming on the market, the inventory is the lowest in 14 years.
A new company aims to tackle one of the final steps of the home-buying process that can't be completed electronically
The best January in a decade starts the foundation for a strong 2017.
A 2.6 percent gain in December closes a year of extremes.
In 2016, the median time that a house was on the market in the metro was a mere 33 days, according to the Minneapolis Area Association of Realtors, and that figure is likely to fall to just a month this year.
South Minneapolis could get a grocery store it needs. Oppidan Investment Co. has proposed building a mixed-use development at 46th Street and Hiawatha Avenue that…
Dick Brustad, developer who converted Mill District and built affordable housing for decades, dies at 75
Brustad, who led several public and private housing entities during his career, died of a heart attack on Jan. 3.
Neighborhoods once dogged by foreclosures are seeing properties sell quickly and above listing price.
The 21-unit luxury building near Lake Minnetonka bolsters the number of for-sale condos.
Developers shift attention to suburbs after flooding areas around the University of Minnesota and Uptown with new units.
A luxury riverfront condo tower in Minneapolis is facing another delay. Alatus LLC has been working on plans to build a 42-story condo tower overlooking…
2016 was the best year in a decade for new houses in Twin Cities.
After nearly two years of work, Edina Realty's new website gives home shoppers the same experience on any device. It lets them look for homes by lifestyle as well as location.
December also looks strong, with agents busy with closings to the end of the year.
Developer unveils three options, with an aim to be "cognizant" of neighbors, scenery and urban design.
Uptown neighborhood apartment complex to get Aldi, not Trader Joe’s A much-coveted site in south Minneapolis will get 77 apartments atop a 20,000-square-foot Aldi store…
As the Twin Cities market struggles, Freddie Mac is helping CommonBond.
Several of late star's properties now for sale are drawing fast interest.
Permits for overall construction rose 15 percent, and those for single-family homes jumped 20 percent.
Neighborhood advocates say the North Loop needs convenience retail and other services.
Beacon Interfaith Housing Collaborative recently received funding to build a $14.1 million rental apartment building to be home to 72.
Wanted: A developer willing to help close a key gap along the Mississippi Riverfront.That firm must be willing to work with the Minneapolis Park and…
Lack of houses at less than $250K pinch first-time buyers and downsizers.
Two years after paying $3.5 million for a former Nestlé Ovaltine factory in St. Louis Park, Twin Cities-based Hillcrest Development sold the bulk of the…
Agents say dwindling inventory and rising rates are continuing concerns.
Buyers from across the globe are gobbling up small houses in the Twin Cities, which has helped drive the supply of affordable house listings to the lowest level in a generation
Demand for rental apartments in the Twin Cities metro continues to defy expectations. Across the 13-county metro, the average vacancy rate declined to 2.5 percent…
LeCesse Development Corporation told the Minnetonka City Council on Thursday night that it wants to build a 322-unit apartment complex that would replace a pair…
He helped build U.S. Bank Stadium and will succeed the company founder.
Construction firms are enjoying a busy year for apartments and single-family homes.
Alan Anderson lived in a world of elegance and sparkles but always tried to stay grounded and dwell in simplicity. Anderson ran three Anderson’s…
In the age of social media and online shopping, photos are the main way to attract home buyers.
A fallow building site on the edge of the University of Minnesota has a new owner. Richfield-based Cornerstone Group sold a 2.4-acre site at 2901…
The year's peak has been passed but sales activity continues to be stronger than 2015
Construction started this week on a 17-story apartment building by Kraus-Anderson in a slice of downtown long dominated by asphalt parking lots and low-income rentals.
The Minnesota Housing Partnership, a nonprofit focused on affordable housing, recently released a report showing that there was a 165 percent increase in sales of…
The proposal comes at a particularly sensitive time for the Marcy-Holmes neighborhood, which until recently has managed to avoid much of the high-density, high-rise development that's happening elsewhere in the city.
A 10-story building could have half of its above-ground space for cars.
A big shift in the balance of construction activity is gaining speed.
SR Development LLC, an entity related to Minneapolis-based Schafer Richardson, has agreed to pay $2.96 million for a 1.31-acre site in St. Paul for its…
The Twin Cities is the 16th-most undersupplied housing market in the nation, according to new report.
The 111-unit building will include a new path to the south Minneapolis corridor.
Fractional ownership is a concept that's akin to a timeshare, but often comes with deeded ownership.
Sellers continue to be in control, at least for entry-level homes, as a tight inventory helps keep prices high.
The 13-story retail, apartment tower near the Green Line will have a Fresh Thyme grocery.
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