Recent content from Jim Buchta
Despite a late-season increase in home building, residential construction in the Twin Cities has been the slowest in at least five years.
Townhouses account for upwards of a quarter to a third of all new housing for some Twin Cities area builders.
Freddie Mac recently launched DPA One, a website that connects buyers with dozens of down payment assistance programs in 48 states.
Though office workers are steadily returning to their desks, there's growing unease across the metro about what will happen when billions of dollars in loans soon come due.
Mortgage rates are ticking down and the decline in newly listed houses is shrinking, though.
The suburbs, especially those along the west edge of the metro, have seen a surge in construction, while construction in the urban core has slowed.
The Minneapolis-based bank signed another long-term lease for its headquarters in its namesake tower along Nicollet Mall and will move hundreds of workers downtown after vacating leased space in Richfield.
New data suggests the overall housing market churn is slowing in the Twin Cities and across Minnesota.
The metro market is like a game of musical chairs, with companies downsizing space while upgrading amenities.
Twin Cities builders had their best September in nearly two decades.