Recent content from Jim Buchta
The decision comes after months of speculation about whether Lux would build apartments or condos on the site at 200 Central Av., now the location of a Washburn-McReavy funeral home.
But number is still far short of metro-area demand, analysis says.
Across the metro area, ordinary homeowners are thinking about whether to cash in on the action of big-time events coming soon.
As housing demand soars, Minneapolis' North Side has many empty lots with few takers after teardowns are never rebuilt, contrasting starkly with booming construction in the rest of the city.
More homes changed hands in the Twin Cities last year than any other year in a decade, and the median price was just 4.5 percent below the all-time peak in 2006.
Brian Call, president of Rubicon Mortgage, steps into the role of president of the Minnesota Mortgage Association at a particularly challenging time for the industry.…
Twin Cities residential construction rose in 2015, fueled largely by rental demand
Twin Cities home prices continued to gain strength in October, according to data released Tuesday that underscored the likelihood that the market’s winter slowdown would…
At the market's exclusive level, houses that couldn't be replicated today are sitting unsold as well-to-do buyers seek technology over turrets and perfection over patina.
The savings, landlords say, will help them cope with double-digit increases in property assessments and a tight labor market that has driven up wages.
Elness Swenson Graham Architects Inc., simply called ESG, dominates the Twin Cities market in the design of new housing and hotels, and they shepherded dozens of difficult projects in historic districts in recent years.
Mild weather and low (for now) mortgage rates mean Twin Cities boom year is closing strong.
Construction to start soon on a 25-unit building, with a 50-unit senior cooperative also planned.
Ohio-based M/I Homes enters the market with the acquisition of Hans Hagen's namesake firm.
Twin Cities software developer starts StickyApps to enable photographers to become website developers
Local techie aids photographers in supplementing their income by becoming website builders
Apartment giant has been on a Twin Cities property binge.
Judges, parents and 31 children celebrated as Ramsey County makes placements permanent.
Buyers outnumbered them in October, giving prices a boost and limiting total listings
Edina Realty's parent acquired a Dallas brokerage with strength in the high end of the market.
Thousands of new rental apartments hit the market in the Twin Cities this year, but shoppers still have limited options and are facing the biggest…
Many homeowners don't have enough to cover cost of moving. It's one of the last big issues to stymie the region's housing market — and its impact is broad.
After selling upscale apartments built near the U, developer Kelly Doran has new projects in north and west suburbs.
Becca Vargo Daggett was happiest when she felt she was making a difference, and she wasn’t shy about getting involved. “She’d be the one in…
Atop the Pillsbury A-Mill complex along the Mississippi River, a crane has been replacing the letters one by one, like a big game of Scrabble.
The new owners say they plan to turn the Burnsville ski operation into "a year-round, world-class sport training facility," including summer snowboarding.
The losses are marginal in a state where there are 3 million jobs, but they are another sign of slowing performance by one of the strongest employment markets in the country.
Sellers still have the upper hand and the number of pending sales is a signal the fourth quarter will also be strong.
Twin Cities apartment complexes offer a contrast in amenities.
The research business grew out of needs that local real estate agents had during the recession.
Rental services company sold to local investor group with plans to expand
A Kansas developer has refined its plans for a building it hopes will serve an unmet need near the U.
Longtime Twin Cities developer Jeff Schoenwetter plans to build boutique condominiums called Meyer Place at Ferndale on the northern shore of Lake Minnetonka. Plans are…
The waning days of summer are typically a time for browsing, but not this year. With house listings in short supply, sellers are in the driver's seat and buyers are on edge.
TitleSmart maintains events were for networking, not to solicit business referrals.
A raft of new apartments and an uptick in single-family homes gave Twin Cities homebuilders a boost last month. During the four-week period ended Aug.…
A Florida developer wants to make a small corner of Edina more pedestrian-friendly with its apartment proposal.
As July home sales climbed 17 percent, data also showed renters are paying near record levels of their income for apartments.
The project, called IndiGO, shows a shift from urban to suburban rentals.
We’ve had a couple of new openings in the Twin Cities in recent days. David Weekley Homes, a big homebuilder based in Houston, Texas, has…
The couple, who died a week apart, thrived on work, family, faith.
As residential student numbers ebbed, Luther sought ways to use land.
The Twin Cities apartment boom, which is transforming Minneapolis and St. Paul, is now thundering into the suburbs, where rentals are full and there's plenty of developable land.
New apartments in Minneapolis aim to fuse energy efficiency with style, affordability
The former broker aims to turn regular Minnesotans into real estate investors.
In the midst of the peak shopping season, houses in the Twin Cities metro sold at a record pace in June. Both closed and…
Plans aim for an urban look for the U.S. Bank site.
Affordable Cameron apartments trade on North Loop's pre-trendy roots.
Members must have an extra house worth more than $500,000 and be screened to join. When they travel, they pay a stipend that ranges from $395 to $995 per week to stay in another member's home.
The owners of Nye's will keep seeing customers through the fall and the Christmas holidays.
Housing construction in the Twin Cities metro continues its seesaw recovery.
On Minneapolis-St. Paul border, apartment project aims at light-rail commuters
United Properties must find new partners for high-profile development
Lennar Multifamily paid $13.7 million for Superior Plating site.
Sellers are in the driver's seat as May pending sales rose nearly 20 percent
There’s been another big apartment sale in Minneapolis. It’s the Walkway, a luxury building in Uptown with a glass-bottom hot tub cantilevered over busy Lake…
Apartments and townhouses proposed for mostly undeveloped downtown block between Whole Foods and the Federal Reserve.
The sale of a downtown property set a record for price per square foot.
The Seattle company, which paid a record price for a Twin Cities apartment last fall, bought a Minnetonka building for a regional office.
Builders and pest experts say insects pose little risk in state.
Graves Hospitality plans to build a luxury, nine-unit condominium building at the corner of W. 31st Street and Holmes Avenue in south Minneapolis. The proposed…
It was a milestone week for several downtown Minneapolis construction projects. On Tuesday morning, crews set the highest beam on the two 17-story towers being…
The nonprofit is providing home buyers with rare affordable townhouses in a Twin Cities suburb.
Most of the permitted units in the metro area in May were single-family homes in the suburbs.
After years of planning, construction is underway on a mixed-use project in the Minneapolis Mill District that will be the first downtown to combine income-restricted…
A busy corner in Stadium Village could become the site of the city’s next new tower. A pair of veteran Twin Cities developers have been…
A new program is an effort to promote homeownership among minorities.
HUD said Wisconsin-based bank discriminated in its mortgage lending in Minnesota, other states.
Plans for an 20-story project on Superior Plating site move forward
Memorial Day is called the unofficial start of summer, but it’s also the kickoff to the cabin shopping season. Bloomington-based brokers Dave Gooden and Cameron…
Home buyers in the Twin Cities are facing a vexing situation: There are thousands of more listings compared with a year ago, but the number of options is shrinking.
The housing market in the Twin Cities had its best month in nearly a decade, boosting confidence in the recovery — and prices.
A U of M team won a national competition on energy-efficient home design.
Still homebuilders are optimistic about the market.
House prices in the Twin Cities haven’t been rising at the same pace as the national average — 3.1 percent in the Twin Cities during…
When Donna Rae (Lambert) Johnson and her husband, a sergeant, were living just outside Augusta, Ga., in the 1950s, they loved to entertain friends of…
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