General

October Hot Sheet

Posted on November 1, 2013
“A spike in mortgage interest rates along with the paralysis in Washington that led to the government shutdown and uncertainty regarding the nation’s debt limit have caused builders and consumers to take pause.
Posted in General, Market Information | Tagged October Hot Sheet 2013, Hot Sheet, Building Industry Hot Sheet, BATC, BATC Hot Sheet, Housing Market

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

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

August Hot Sheet

Posted on September 3, 2013
“Today’s report is in line with our forecast for continued, gradual strengthening of housing starts and permit activity through the rest of the year." - NAHB Chief Economist David Crowe
Posted in General, Market Information | Tagged August Hot Sheet, Twin Cities Market Information

BATC: Working To Keep Homes Safe and Affordable

Posted on August 16, 2013
There are encouraging signs all around us showing the housing market is recovering. But, home affordability continues to be a concern for Minnesota’s middle class families as government regulation grows. Currently, more than 25 percent of the cost of a new home is the cost of regulations.
Posted in BATC News, General, Advocacy, Parade of Homes | Tagged BATC, new homes, Affordable housing, Housing Regulation

July Hot Sheet

Posted on August 5, 2013
“The takeaway from this report is that the housing recovery is solidly on track and isn’t going to be derailed by slightly higher mortgage rates.
Posted in BATC News, General, Market Information | Tagged July Hot Sheet, Hot Sheet, Housing Market, Twin Cities Housing Market

Single Family Homes Keep Twin Cities’ Residential Construction on Growth Curve

Posted on July 25, 2013
While multi-family permits were down for the month, single family construction remained strong, maintaining on-going growth for the region’s residential construction.
Posted in BATC News, General, Market Information | Tagged BATC, Builders Association of the Twin Cities, Residential Construction Permits, Twin Cities Housing Market, Pamela Belz

Twin Cities’ Residential Construction Gains Ground Again

Posted on June 28, 2013
Just released residential permit statistics again show that the region’s residential construction market continues to strengthen. The number of permits issued are at a 12-month high, while planned units in June were up by 64 percent over June of 2012.
Posted in BATC News, General, Market Information | Tagged Residential Construction Permits, BATC, Builders Association of the Twin Cities, Pamela Belz

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