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Local Real Estate Picture Rosier Than At The National Level

(KNSI) - Homebuilders are seeing more prospective buyers walk away from contracts to purchase real estate at t. ....

United States , David Werschay , Central Minnesota , Ommunity Information ,

Committee Summary: House Local Government Division Committee, Feb. 23

By: Lolla Nur, UpTake Fellow The House Local Government Division Committee met on Feb. 23 at 8:30am to discuss HF3256 Legalizing Affordable Housing Act (Rep Steve Elkins DFL). The purpose was to go over information about how Minnesota’s 2021 increased housing demand, labor and supplies costs, coupled with a historic supplies shortage, have all impacted […] ....

United States , Luke Bell , David Arbit , David Werschay , Lolla Nur , Paul Eger , Amber Backhaus , Ethan Roberts , Scott Mclellan , Paul Heuer , Peter Coyle , Danielle Leach , Federal Reserve Bank , Mn Department Of Labor , Public Affairs At Zillow , Minnesota Association Of Realtors , Mn Auto Dealers Association , House Local Government Division Committee , Community Development , Jewish Community Relations Council , Uptake Fellow , Affordable Housing Act , Rep Steve Elkins , Twin Cities , Government Relations , Public Affairs ,

Committee Summary: House Local Government Division Committee, Feb. 23

By: Lolla Nur, UpTake Fellow The House Local Government Division Committee met on Feb. 23 at 8:30am to discuss HF3256 Legalizing Affordable Housing Act (Rep Steve Elkins DFL). The purpose was to go over information about how Minnesota’s 2021 increased housing demand, labor and supplies costs, coupled with a historic supplies shortage, have all impacted […] ....

United States , Luke Bell , David Arbit , David Werschay , Lolla Nur , Paul Eger , Amber Backhaus , Ethan Roberts , Scott Mclellan , Paul Heuer , Peter Coyle , Danielle Leach , Federal Reserve Bank , Mn Department Of Labor , Public Affairs At Zillow , Minnesota Association Of Realtors , Mn Auto Dealers Association , House Local Government Division Committee , Community Development , Jewish Community Relations Council , Uptake Fellow , Affordable Housing Act , Rep Steve Elkins , Twin Cities , Government Relations , Public Affairs ,

Realtors, builders weigh in on the central Minnesota housing market


ST. CLOUD  It s more of the same in the Central Minnesota housing market, with inventory continuing to tighten and sales prices increasing. But if you re hoping to wait to buy or build new, industry insiders have news for you: They re not expecting that trend to change any time soon.
According to market updates from the Minnesota Realtors, year-to-date new listings are down in Central Minnesota by 10.5% in 2021 compared to the same time frame (January through March) in 2020.
Premier Real Estate Services realtor and St. Cloud Area Association of Realtors Nancy Costanzo said while the decline in inventory has been going on for years now, the current inventory squeeze is the worst she s seen in her career. ....

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What's it like to buy or build a new home? Realtors, builders weigh in on the current market in Minnesota


What s it like to buy or build a new home? Realtors, builders weigh in on the current market in Minnesota
Sarah Kocher, St. Cloud Times
© Dave Schwarz/[email protected]
Construction continues on streets and new homes Friday, April 30, 2021, in Sartell.
ST. CLOUD  It s more of the same in the Central Minnesota housing market, with inventory continuing to tighten and sales prices increasing. But if you re hoping to wait to buy or build new, industry insiders have news for you: They re not expecting that trend to change any time soon.
According to market updates from the Minnesota Realtors, year-to-date new listings are down in Central Minnesota by 10.5% in 2021 compared to the same time frame (January through March) in 2020. ....

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