The Path Forward: Investing in New Homes

The Path Forward: Investing in New Homes

Most discussions on the current housing landscape revolve around affordability. A decade of underbuilding, and more recently, higher rates locking in existing homeowners, has caused a rapid deterioration in affordability for single-family housing. Our development...
Rising Listings Spark Market Activity in the Twin Cities

Rising Listings Spark Market Activity in the Twin Cities

We are definitely seeing an increase in listings in our Twin Cities marketplace. The builders I speak to have mixed reactions. Some view the increased competition for their spec and model homes negatively. However, the upside is that the entire market level is rising....
How Mortgage Rates Shape the U.S. Housing Market Landscape

How Mortgage Rates Shape the U.S. Housing Market Landscape

Understanding the mortgage rate at which current homeowners purchased their homes is crucial to understanding the current housing market dynamics in the U.S. ResiClub published an interesting way of viewing this data in the chart below, which shows the effective...
D.R. Horton Leads the 2024 Builder 100 List (again)

D.R. Horton Leads the 2024 Builder 100 List (again)

Once again, D.R. Horton demonstrates leadership in the residential construction industry by topping the 2024 Builder 100 List. We’re proud to collaborate with Jobalia Development Group and D.R. Horton on the innovative Bay Street and Vineland projects in Florida...
April Market Update: Minneapolis-St. Paul Real Estate Trends

April Market Update: Minneapolis-St. Paul Real Estate Trends

April data from the excellent Minneapolis Area Association of Realtors is out. We take the raw data and present it a little differently than they do. New listings of homes for sale were down -23% vs 2021 in April (before rates started to climb). Meanwhile, building...