Recent content from Jim Buchta
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.
A new app and website could transform the way audits are done, setting a new standard for the building industry.
Freeman plans to be on the ballot in November regardless of the endorsement vote, his son said.
Oppidan Investment Co. plans to build a 283-unit senior apartment complex in Minneapolis' Prospect Park, which is one of the city's hottest neighborhoods for construction at the moment.
The 5.74-acre property is surrounded by water on three sides and includes several buildings with more than 10,000 square feet and two private beaches.
The tower in the St. Anthony Falls Historic District would be the tallest building outside downtown. Neighbors are considering an appeal to the Minnesota Supreme Court.
John Mosey helped develop an agent-focused competitor to apps from Zillow and Trulia.
An income-restricted rental project in St. Anthony is getting a second chance. Aeon, a Minneapolis-based nonprofit, wants to build 70 rental units that are affordable…
Developers of multiuse plan are being careful not to disrupt area's history.
The paint is barely dry at Kraus-Anderson’s HQ Apartments, a 17-story tower at 818 Portland Av. S. in the Elliot Park neighborhood in downtown Minneapolis,…
People shopping for homes last month encountered 26 percent fewer listings than a year ago.
When Jon Hempel got his real estate license, he went vertical right away. His first purchase was a St. Paul office building, and they just…
With mortgage rates expected to rise and technology rapidly changing the industry, it promises to be a challenging year for the group.
Official-looking solicitations claim that auto warranties have run out when they haven't.
It's the latest on a long list of developments shaped by the light-rail system.
The 402-unit complex will bring McGough closer to goal of "third downtown."
The number of new single-family homes is ebbing as short-staffed builders focus on apartments.
After years of growth on Nicollet Mall's north end, developers are now planning 17- and 31-story towers in the quieter part of downtown.
Several downtown housing projects are inching closer to groundbreaking. On Monday night, the Downtown Minneapolis Neighborhood Association land use committee committed to issuing letters of…
It's likely to change the dynamics of residential real estate as an era of ultralow vacancies and steadily rising rents may come to an end.
The problem wasn't a lack of demand; it's not enough supply.
Twin Cities-based Bader Development sold a pair of side-by-side apartment buildings it developed in St. Louis Park to Chicago-based investment firm Mesirow Financial. CBRE Multifamily’s…
Before Mike Ryan became the president of Twin Cities-based Ryan A+E architecture and engineering firm, he was an architect in the Park Avenue offices of…
"Eleven" condo project on West River Parkway would be tallest and most expensive in a decade.
Housing density has become a hot topic in Minneapolis. The Minneapolis City Council's zoning and planning committee recently heard density-related appeals for a pair of redevelopment projects in south Minneapolis. But both were denied and the projects are going to proceed.
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 fare?
In-demand communities have affordable homes along commuter routes. Low-key Little Canada and Brooklyn Center posted the biggest gains in the index compiled by the Star Tribune.
Technology being installed in Lakeville saves homeowners money by heating water at off-peak times, storing for later use
Fewer listings and closings, low inventory highlights imbalance between buyers and sellers.
But housing options are still plenty, and would-be hosts stand eager to serve.
But buyers had a tough year with prices rising and listings shrinking
Architect Carly Coulson's ultraefficient designs blend in energy savings through a concept called Invisible Sustainability.
But some say change will lead fewer to pile up debt.
Developer wants to build largest residential project in Minneapolis in years.
For apartment-building sales in the Twin Cities metro, 2017 was a banner year. We have already reported about the astounding 19 offers that were made…
Rochester home prices were up nearly 10 percent in the year that ended November.
For several years Jon Lundberg has been the chief operating officer at Ebenezer Foundation, the biggest senior-housing provider in Minnesota. He will soon succeed longtime…
The foreclosure rate in Minnesota is far below the national average, as Minnesotans are in the right homes for their wallets, an expert says.
It's the latest datapoint to underscore a year of superlatives in local real estate. And the Twin Cities area is likely to see high demand and prices continue into 2018.
A Seattle-based real estate company won a bidding war for one of the first residential conversion projects in the North Loop neighborhood of Minneapolis. Goodman…
Acquisition of ReMax Advisors is sixth addition for Eden Prairie firm in '17.
2017 is on pace to be the best in a decade for home sellers in the Twin Cities.
High costs in the metro are pushing development out; a project in Dayton would double the number of homes there.
The Twin Cities is in the top one-third of all major U.S. metros for growth in median rent.
Three sizable apartment projects in Minneapolis recently marked milestones. Here’s a look: Builders this week set the highest beam on 365 Nicollet, a 30-story tower…
Developers rush to finish projects amid worry that the GOP bill will stifle renovation and construction of apartments and houses for low- to moderate-income families.
Builders saw late-season gains, driven by demand for entry-level homes.
One building will be built to conventional construction specifications. The other will be extra energy-efficient and equipped with a sophisticated ventilation system.
Unique loan program benefits CommonBond and Habitat for Humanity
The developer revealed a design for the building to North Loop neighbors on Wednesday night.
It has been a rough couple of years for the developers of some Twin Cities apartment buildings that experienced construction-related delays and complaints. Last year,…
Second homes would no longer be eligible for a deduction on mortgage interest under the House GOP tax plan.
The number of properties on the market was down almost 20 percent in October from a year earlier.
As the new executive director at the Minnesota Housing Partnership, she faces a daunting task ahead.
Only 2.5 percent of metro apartments were empty this fall.
The deal may ultimately produce more options to entry-level new home buyers in the Twin Cities.
Elizabeth “Betty” Johnson kept copious notes, detailed lists and multiple calendars. She was a clipper, too. When she read something interesting or important, she’d cut…
New townhouse projects and starter homes being built in the suburbs are driving the growth.
The investments are expected to support more than 3,400 jobs.
Conflicts over the height and density of developments within the St. Anthony Falls Historic District are piling up. The latest involves the mixed-use project from…
Todd Grill has held plenty of leadership roles in the Twin Cities real estate market: agent, longtime broker and president of both the Minneapolis Association…
The five-story building, for people 55 and older who live independently, would be called Alta Vita.
The cool-down is driven by the shortage of affordable homes for first-time buyers.
Chip Halbach, the founder and longtime executive director of the Minnesota Housing Partnership, has retired and will be succeeded by Anne Mavity, the director of…
More sellers cutting their asking prices as the winter slowdown approaches.
A neighborhood group challenged the city's approval for developer Alatus to proceed with the tower, in the planning stage for two years.
The building would be at least 20 stories on a site that includes the longtime home of the Church of Christ, Scientist.
A New York investor paid $87 million for 210 upscale apartments atop a Whole Foods store in St. Paul. CBRE Multifamily represented Ryan Cos. and…
The year continues to be a record-setter, though a trade group executive said even more work could be happening.
The builders of the Estelle luxury towers say they'll comply with Edina's affordable housing policy.
Many Twin Cities homeowners are seeing an upside in fixing up.
The Minnesota Real Estate Hall of Fame, established seven years ago at the University of St. Thomas’ Opus College of Business, has three new members…
Sales fall for second month, but prices rise to a new high.
The deal for Long & Foster Cos. makes Minneapolis-based HomeServices of America the largest realty services provider in the country.
Among the worries found in a new survey: land and materials prices.
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