Monthly Archives: October 2013

Twin Cites Residential Construction Permitting Remained Strong in October 2013

Posted on October 30, 2013
Just-released permit statistics showed that residential construction in the Twin Cities region remains strong. Single-family homes for the month (538) helped push the numbers up, showing an almost 40 percent increase over permits for single family homes in October 2012 (386).
Posted in BATC News, General, Market Information | Tagged BATC, new homes, Residential Construction Permits, Pamela Belz

Home Builders Oppose Home Indoor Sprinkler Mandate for Single Family Homes in Proposed Building Code

Posted on October 28, 2013
The Builders Association of the Twin Cities (BATC), alongside the Builders Association of MN and other business groups strongly opposes the costly and unnecessary home indoor sprinkler mandate included in the draft of the updated residential
Posted in BATC News, Advocacy | Tagged Home Indoor Sprinkler Mandate, BATC, Building Codes, Governor Mark Dayton, Unsession, Builders Association of the Twin Cities, Builders Association of Minnesota, MN Department of Labor and Industry

September Hot Sheet

Posted on October 1, 2013
"Overall, this [hot sheet] is an encouraging report as builders are seeing pent-up demand begin to be released for single-family homes despite head-winds such as rising mortgage rates and tight credit conditions." NAHB Chairman Rick Judson, a home builder from Charlotte, N.C.
Posted in General, Market Information | Tagged September 2013 Hot Sheet, Hot Sheet, Market News Hot Sheet, Building Industry Hot Sheet, BATC Hot Sheet, Wells Fargo Home Mortgage

Multi-Family Permits Push Twin Cities Residential Construction to Triple Digit Growth in September 2013

Posted on October 1, 2013
While single-family construction continues to do well — showing a 22 percent increase in September 2013 over September 2012 — a surge in multi-family construction put units permitted in 2013 at the highest point in eight years.
Posted in BATC News, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Housing permits, Pamela Belz