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iBuyers are Changing The Landscape of the Housing Market
April 2019 University of St Thomas Twin Cities Housing Market Update What is an iBuyer? An iBuyer is a company, in many cases an institutional investor, that will make an offer on your home within...
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University of St. Thomas Housing Market Analysis for November 2018
Will A Computer Tell You How Much Your House Is Worth? Lower Mortgage Rates for Energy Efficient Homes? Market Update – Is the Twin Cities one of the top markets in the country where you should buy...
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University of St. Thomas Housing Market Analysis for October 2018
Twin Cities Rents Continue To Increase As The National Average Decreases Median Home Sale Price Up 8.6% Number of Homes for Sale – Beginning to Stabilize? Twin Cities Rents Continue To Increase As...
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Latest Survey of Twin Cities Home Builders Finds Them Slightly Less...
Latest Survey of Twin Cities Home Builders Finds Them Slightly Less Optimistic For 2019 Industry Leaders Have Some Concerns About Higher Interest Rates and Increasing Costs St. Thomas’ fifth semiannual...
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University of St. Thomas Real Estate Housing Report for September
Home Affordability Being Stressed By Higher Interest Rates, Higher Median Sale Prices And Higher Construction Costs 30-year mortgage rates reached a new high this week at 4.9%. A year ago, at this time...
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Remodeling Activity At Record Levels In The Twin Cities
August 2018 Median Sale Price Up – Supply of Homes For Sale Down – Sales Volume Flat Homeowners Are Staying Put Longer One of the side effects of the continuing shortage of homes for sale and median...
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Is the Twin Cities Housing Market Really Beginning to Change?
What really drives the need for housing? Since the June and July housing numbers have been published there seems to be much more uncertainty about the current state of the housing market. People...
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How Modular Components Are Redefining Multi-family Housing
The following article was reposted from the most recent issue of Multifamily Executive. It provides some insight to we one way we might solve the affordable rental housing problem. Growing demand for...
View ArticleNot just a building… But a home
A story of the Dorothy Day Center In the beginning the Dorothy Day Center was meant as a training center, but because of a need in St. Paul seen by community members, Catholic Charities decided to...
View ArticleUST Housing Index – Housing shortages continue
The latest report, just published today by the Shenehon Center for Real Estate is not a significant shocker. Current trends of single family housing supply shortages continue. Herb Tousley, Director of...
View ArticleAffordable Housing (Part 2)
According to Minnesota Compass, 48.4 percent of Minneapolis households are overburdened by housing costs. To explain, these households pay more than 30% of their gross income towards housing. Just for...
View ArticleAffordable Housing: Misconceptions (Part 1)
Affordable housing is and has been a buzzword in the real estate industry for years. It carries many misconceptions. Let’s clear up these misconceptions before going further. First, affordable housing...
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Latest Survey of Twin Cities Home Builders Finds Them Optimistic for 2018,...
St. Thomas’ fourth semiannual survey of 35 industry leaders measures sentiment and is designed to be a forecasting tool. Leaders in the Twin Cities single-family home-construction industry are...
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University of St. Thomas Real Estate Analysis for June 2017
Could You, Would You, Buy a House Sight Unseen? First Half of 2017 – 3 Major Home Price Trends The extreme shortage of homes available for sales is resulting in a new phenomenon of buyers who are...
View ArticleSight-Unseen Home Buying: Trend or Consequence
Twenty years ago, virtual tours and 3D graphics were mainly science fiction in movies like The Fifth Element, and a “sight-unseen” purchase literally meant a buyer had no experience of the property...
View Article4th of July Real Estate Matters
Last evening, I watched the Delano fireworks. The show was excellent and the lightning made it even more interesting. It got me thinking about the past, and how 10 years ago, my family would get there...
View ArticleTen Surprising Facts: State of the Nation’s Housing Report
Since the housing bubble burst in 2008, the market has seen an increase in demand for homes, but home inventories remain stagnant. Further, either from the bank restrictions or consumer caution new...
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Rising Home Prices Are Creating Wealth For Twin Cities Homeowners
Traditional Median Sale Price Up $82,300 (43.8%) From Low Point in Feb 2012. Rapidly rising median home sale prices have been a major source of wealth creation for homeowners since the low point in...
View ArticleNot just a building… But a home
A story of the Dorothy Day Center In the beginning the Dorothy Day Center was meant as a training center, but because of a need in St. Paul seen by community members, Catholic Charities decided to...
View ArticleUST Housing Index – Housing shortages continue
The latest report, just published today by the Shenehon Center for Real Estate is not a significant shocker. Current trends of single family housing supply shortages continue. Herb Tousley, Director of...
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