After the Deluge: New Growth Maybe new home builders have always been young. But, they sure seem a lot younger these days. At least anecdotally, it appears that many older, established new home builders got out of the business following the collapse in new home construction starting in 2006. As new home construction has picked up...Read More
Realtor Name-Dropping After almost a decade attending Edina Realty “Exceptional Properties” meetings — held weekly at an upper bracket Twin Cities home — I figure I’ve now heard my colleagues sing the praises of something like 2,000 homes, cumulatively worth a cool $3 billion or so (and have pitched a few of my own listings at such meetings). And yet, I...Read More
No More Minnesota McMansions John Murphy Reports has a nice post about which builders are putting up the most new residential construction in Minnesota these days. What caught my eye: –The list is (still) dominated by big, national developers like Lennar, Pulte/Centex, and D.R. Horton (#1, #2, and #3, respectively). Mattamy (#5) is Canadian. –The...Read More
