CONTACT ME

Buying & Selling Homes in the Twin Cities
 

TESTIMONIALS
Matt helped us find the house of our dreams quickly. He was there every step of the way and lead us straight through to a smooth closing. Thanks!

Nathan & Kim G.
Minnetonka

 
 

TWIN CITIES REAL ESTATE NEWS

Courtesy of Google News
List Leaders: Largest Twin Cities commercial real estate deals in 2018  Minneapolis / St. Paul Business Journal

The top three largest commercial real estate sales in 2018 were all in downtown Minneapolis.


Ryan buys four-building Woodlake Centre for $33M  Finance and Commerce

The sale of a mixed-use medical office complex in Richfield might be an indication that the market for medical space might be perking up after a slow 2018.


Real World Economics: Government can pick winners and losers  St. Paul Pioneer Press

Two recent proposals from the city of St Paul will have broader impact beyond the city limits. As such, they raise the philosophical question of whether, or how ...


Ford site’s $107 million subsidy request draws scrutiny, questions  St. Paul Pioneer Press

A Minneapolis-based real estate developer has asked the city of St. Paul for $107 million to support green space, a seven-block water feature, infrastructure and ...


Freewheel Bike will take over Penn Cycle stores  Minneapolis / St. Paul Business Journal

Penn Cycle's owner informed his customers in an email on Sunday that the stores will become Freeewheel Bike shops on Friday, after a three-day closure.


As New York probes business deals, Trump cries ‘HARASSERS’  St. Paul Pioneer Press

By MICHAEL R. SISAK. NEW YORK (AP) — New York's attorney general has opened a civil investigation into President Donald Trump's business dealings, ...


IRET makes first buy in Twin Cities in over a year  Finance and Commerce

Investors Real Estate Trust has added another Twin Cities apartment complex to its growing multifamily portfolio with the purchase of a 272-unit Lakeville.


Business People: Sunday, March 10  St. Paul Pioneer Press

Minneapolis-based branding and advertising agency Solve announced the promotion of Ryan Murray to director of account management.


A woman of many firsts, Minnesota’s Eugenie Anderson profiled in new book  St. Paul Pioneer Press

Eugenie Anderson, second right, displays her commission after being sworn in as U.S. ambassador to Denmark in Washington, D.C. on Oct. 28, 1949. Joining ...


Ranking the hottest housing markets in the Twin Cities – see how your city fared  Star Tribune

With sales down and housing listings up, the housing market in the Twin Cities during 2018 was less frothy than it was the year before. Unless, of course, you ...


Penn Cycles stores to reopen as Freewheel Bike locations this week  Bicycle Retailer

MINNEAPOLIS (BRAIN) — Twin Cities retailer Penn Cycle plans to close its six locations Monday evening; they will reopen Friday under the Freewheel Bike ...


Lindsay Bacigalupo of Engel & Völkers Minneapolis garners 40 Under 40 award - Minneapolis / St. Paul  Minneapolis / St. Paul Business Journal

Having launched the local franchise of residential real estate agency Engel & Völkers in 2015, Bacigalupo has since helped grow it from one location with six ...


Once-hot Twin Cities housing market is beginning to cool  Star Tribune

The Twin Cities housing market, after one of the most frenetic summers on record, is beginning to cool. Home sales are down from a year ago, more sellers are ...


Business People: Sunday, March 3  St. Paul Pioneer Press

Public relations and government affairs firm MZA+Co, St. Paul, announced that Melissa Lesch will be joining the firm as senior vice president-state & local ...


Twin Cities housing market may be beginning to cool, but it's still quite hot  Minneapolis / St. Paul Business Journal

There were more early signs in September of a return to a more balanced housing market in the Twin Cities, according to the Minneapolis Area Association of ...


Twin Cities housing market still smiling on sellers  Star Tribune

The summer of 2018 is stacking up to be the most competitive on record for Twin Cities home buyers. In June, for the second month in a row, the average home ...


Cash Homes MN Releases The February 2019 Ramsey County Edition of the Stop Foreclosure Minnesota Report  openPR

CashHomesMN.com, a Minnesota BBB Accredited Real Estate Solutions Company, Releases The February 2019 Ramsey County Edition Of The Stop ...


Shifting Twin Cities real estate market  KARE11.com

Real estate sales are at a 3 year low, while prices jump to all time high.


Zillow plans to bring sight-unseen house-buying service to Twin Cities  Star Tribune

Zillow's footprint on the real estate scene in the Twin Cities is about to get a whole lot bigger. This fall, the company plans to launch Zillow Offers, which aims to ...


Experts say Twin Cities housing market could shift to favor buyers, but not soon  Star Tribune

Relief is on its way for home buyers in the Twin Cities and beyond who are frustrated by a lack of house listings and lightning-fast sales, according to a survey of ...


Like our own Ken Burns, TPT filmmaker mines Minnesota history  Star Tribune

TPT filmmaker Daniel Bergin focuses on the history of Minnesota — the good, the bad and the ugly.


Twin Cities sees gain in housing inventory in November  Minneapolis / St. Paul Business Journal

The number of homes for sale in the Twin Cities metro area increased in November, the market's first monthly gain in over three years.


Why now is a good time to buy a $1M house in the Twin Cities  Bring Me The News

Ever dreamt of living in a million-dollar home? Well, this is the time to strike. Don't get us wrong, we're perfectly aware that such a home is out of reach for most ...


Twin Cities Realtors Say Housing Market May Be Cooling  WCCO | CBS Minnesota

MINNEAPOLIS (WCCO) — Twin Cities realtors say the latest monthly indicators point to a market cool down. The median price for a home in July was $268,000.


Life Time hires former Target Corp. executive John Griffith in real estate role - Minneapolis / St. Paul  Minneapolis / St. Paul Business Journal

Griffith joins a couple other big real estate hires for Life Time — Launch Properties co-founder Mark Nordland joined in May and John Nigon, a former CBRE ...


More homes on Twin Cities home market, a good sign for buyers  Star Tribune

Rise in listings, decrease in sales suggest Twin Cities area prices should decline. But for now, median sale breaks $265000 in November, a record.


What's driving up new home costs? Fees, Twin Cities builders say  Star Tribune

A report commissioned by a builders group said municipal fees and regulations in the Twin Cities make it nearly impossible to build a single-family house for ...


Report says Twin Cities commercial real estate outpaced expectations in first half  Star Tribune

Office, industrial and retail space continues to be filled in the Twin Cities even as companies consolidate their space and some retailers close stores. According ...


Twin Cities home sales slipped in October, inventory increased  Star Tribune

An uptick in new listings continued the slow rebalancing of the area's housing market.


Opendoor looks to become big player in Twin Cities housing market  Star Tribune

With house prices teetering at record highs and buyers outbidding one another in some areas, it seems the last thing the housing market in the Twin Cities ...


$200K offered for real estate strategies to protect St. Paul artists, ‘creatives’  St. Paul Pioneer Press

Between St. Paul's Raymond Avenue and the Minneapolis border, the warehouse area north and south of University Avenue has for years been dubbed the ...


Buying? Selling? Flipping? Twin Cities houses selling at breakneck pace  MPR News

The Twin Cities housing market is booming this year. Real estate experts say they haven't seen properties sell this fast in the 16-county metro area since the ...


Why lenders like Twin Cities industrial real estate  Finance and Commerce

Editor's note: Finance & Commerce is running an occasional series about the financing climate for various kinds of commercial real estate. Links to previous ...


2018's most expensive Twin Cities home sales, so far (slideshows)  Minneapolis / St. Paul Business Journal

In the first quarter of 2018, Twin Cities real estate agents sold more than $108 million worth of homes. That's an increase over the first quarter of 2017, when the ...


Twin Cities industrial real estate sector is on the rise  Star Tribune

Growth of e-commerce, manufacturing is turning the ugly duckling of commercial real estate into its strongest, most profitable sector.


Why aren't there more homes to sell in the Twin Cities? They never got built, study says  Minneapolis / St. Paul Business Journal

Minneapolis/St. Paul is missing tens of thousands of homes that would have typically been built over the past decade or so — but weren't, contributing to a ...


List Leaders: Largest Real Estate Developers (slideshow)  Minneapolis / St. Paul Business Journal

The top two companies on the Business Journal's 2019 list of the 25 Largest Real Estate Developers in the Twin Cities hung on to their respective rankings from ...


‘Racist,’ ‘conman’: Michael Cohen assails Trump before Congress  St. Paul Pioneer Press

WASHINGTON — In a damning depiction of Donald Trump, the president's former lawyer on Wednesday cast him as a racist and a con man who used his inner ...


Twin Cities still a sellers' market, but a shift could be emerging  Star Tribune

With entry-level house listings still hovering near all-time lows, prices across the Twin Cities metro broke another record last month. But relief is on the way: More ...


Home sales dipped in the Twin Cities, but prices reached a record high in 2018  Star Tribune

The overall market failed to post the big gains real estate agents had expected as a lack of lower priced homes kept lid on sales. Throughout the Twin Cities ...


Housing construction in the Twin Cities up slightly during August  Star Tribune

Housing construction in the Twin Cities increased slightly last month, with most of the gain coming from a hefty increase in apartment construction. During August ...


Real estate market shows signs of shift | Business  SW News Media

For the first time since April 2015, there were more homes listed for sale in the Twin Cities metro than the same month the year prior, according to the ...


Bye-bye starter homes: Builders not meeting biggest need in Twin Cities housing market  MPR News

For years, the costs of building a house have risen faster than people's incomes. That's true in Minnesota and across the country. Today, the gap between ...


Twin Cities housing affordability hit another 10-year low in October  Minneapolis / St. Paul Business Journal

Home affordability in the Twin Cities metro area hit another decade-low in October, according to the Minneapolis Area Realtors' latest survey released Friday.


Single-family home construction dips in September, but town homes keep trending  Minneapolis / St. Paul Business Journal

Construction permits for single-family homes plunged in September, while permits for town homes continued to increase, according to the Builders Association ...


The numbers don't lie: Twin Cities needs more housing  Star Tribune

Twin Cities metro residential construction activity in 2017 was at its highest level since before the recession, finally getting the region back to its 45-year average ...


Opendoor already buying a home a day in Twin Cities, new GM says  Minneapolis / St. Paul Business Journal

About a month after launching in the Twin Cities, real estate technology startup Opendoor is buying, on average, one to one-and-a-half homes per day across ...


Twin Cities home prices hit record as buying cooled  Minneapolis / St. Paul Business Journal

A report found that the median sale price of homes rose 5.7 percent compared to a year ago, reaching a record high of $271900.


No houses available to buy in Twin Cities? Blame rentals  Star Tribune

Chris and Tinen Iles could have easily sold their tidy bungalow in south Minneapolis and used the profit to help pay for a more expensive house they bought ...


Millennials Help Sustain Twin Cities Housing Market Boom  WCCO | CBS Minnesota

MINNEAPOLIS (WCCO) — Metro area home prices have climbed to a record high — and people are still willing to pay. The Twin Cities' housing market is in ...


How $300K Homes Differ Based On Where You Buy  WCCO | CBS Minnesota

MINNEAPOLIS (WCCO) — The Twin Cities housing market is so hot this summer, the listing for your dream home could evaporate in days. Last month, the ...


Minneapolis Realtors chief says housing still a bargain in Twin Cities  Star Tribune

Todd Urbanski takes the reins as 2019 president of the Minneapolis Area Realtors at a time of moderate tumult.


Where's it better to rent versus buy in the Twin Cities? We've done the math.  Minneapolis / St. Paul Business Journal

Here's a newsflash that might surprise: The U.S. housing market is far more favorable to buyers than it is to renters, at least when it comes to affordability.


Home listings: What $184900 buys in the Twin Cities area  Minneapolis Star Tribune

Built in 1941, this three-bedroom, one-bathroom house has 720 square feet, and features a large upper-level bedroom, hardwood floors, full unfinished ...


What’s Driving Twin Cities’ Office Market?  Commercial Property Executive

Marcus & Millichap Senior Associate Claire Roberts discusses the evolution and current state of the metro's office market, and she also shares her predictions.


Changing the Narrative on Affordable Housing in the Twin Cities  Urban Land

Stakeholders who have worked to push for more affordable housing know firsthand that it can often be a contentious issue. But what if there were a way to avoid ...


Shortage of listings stifles sales, tightens Twin Cities market  Star Tribune

The average number of listings fell below 10000 in April for the first time in decades, leaving buyers with about half as many options as there were six years ago ...


Twin Cities home sales market will tip toward buyers, but not until 2020: Report - Minneapolis / St. Paul  Minneapolis / St. Paul Business Journal

The market for homes in the Minneapolis/St. Paul metro, which for the past year has given sellers most of the power, could stay that way until 2020, according to ...


Here's where the most homes are being built in the Twin Cities  Minneapolis / St. Paul Business Journal

Lakeville has seen the most single-family home construction in the Twin Cities thus far this year.


Twin Cities sees sharp increase in homes for sale  Minneapolis / St. Paul Business Journal

More home sellers have decided to put their properties on the market, according to a monthly housing report released Monday by the Minneapolis Area ...


Minnesota Homes will Remain in Great Demand in 2019  PRNewswire

MINNEAPOLIS, Dec. 19, 2018 /PRNewswire/ -- Today, RE/MAX INTEGRA, Midwest released its 2019 Housing Market Outlook Report providing insight into the ...


Report: It's now better to rent than own in Minneapolis (but just barely)  Minneapolis / St. Paul Business Journal

Buy vs. rent index says several markets are now tipping into the better-to-rent category.


Twin Cities homebuilders were bullish on single-family homes in January  Star Tribune

Homebuilders in the Twin Cities are off to a running start this year, but topping 2018 won't be easy. Last month metro-area builders were issued enough permits ...


What it takes to afford a home in the priciest Twin Cities neighborhoods  Minneapolis / St. Paul Business Journal

Edina, Wayzata and Shorewood have median home values of $757900, $596800 and $558500. Here's how much you have to earn to afford to live there and ...


Twin Cities home sales continue slide  Finance and Commerce

Closings of Twin Cities home sales fell for the fifth month in a row in April, down 5.2 percent from a year earlier.


Town homes in trend across Twin Cities - Minneapolis / St. Paul  Minneapolis / St. Paul Business Journal

The number of permits issued for town homes across the metro surged over the last two months, pointing to trending interest in single-family homes, according to ...


Report: Shortage jacking up Minneapolis house prices. Realtors: 'Duh'  City Pages

There's been a development in Minneapolis' reckoning with its affordable housing problem -- that problem being, specifically, that there isn't any.…


Twin Cities home sales plunge 12 percent as supply thins even more  Star Tribune

The pickings have never been slimmer for home buyers this spring in parts of the Twin Cities, and that's putting a lid on home sales. Buyers across the metro ...


Are Mixed-Use Projects the Right Path Forward for the Twin Cities?  Twin Cities Business Magazine

We explore the benefits and challenges of the mixed-use development approach.


What Opendoor brings to Twin Cities: New tech, deep pockets  Minneapolis / St. Paul Business Journal

Open Door Labs Inc., a San Francisco-based real estate technology startup, operates in 13 markets across the country; the Twin Cities, its latest, will see an ...


Building permits off, but townhouses remain bright spot for Twin Cities  Star Tribune

Homebuilders had a much better month than apartment developers in the Twin Cities metro in November, where construction declined slightly but outpaced the ...


Artemis, Eagle Ridge Acquiring 375K SF Twin Cities Office Portfolio  GlobeSt.com

MINNEAPOLIS, MN—A joint venture between Artemis Real Estate Partners and Eagle Ridge Partners is acquiring a Twin Cities four-property corporate office ...


2018 NAIOP Awards - NAIOP, the Commercial Real Estate Development Association, recognizes this year's top projects in the Twin Cities metro area.  Twin Cities Business Magazine

NAIOP, the Commercial Real Estate Development Association, recognizes this year's top projects in the Twin Cities metro area.


2018 wasn't the blockbuster Twin Cities homebuilders had hoped for  Star Tribune

A dearth of house listings and the lowest mortgage rates in a generation were supposed to make 2018 the best year since the recession for Twin Cities ...


Back Story: Peter Fitzgerald keeps real estate his home field  Finance and Commerce

Twenty or so years ago, Cushman & Wakefield's Peter Fitzgerald expected to become a professional baseball player. When the Edina native wasn't attending ...


Twin Cities multifamily permits soar in September  Finance and Commerce

Cooler weather brought mixed results for residential construction activity in the Twin Cities as permits skyrocketed in September for new multifamily units but ...


New report sheds light on Twin Cities housing market  KARE11.com

The rising home prices have helped increase demand for homes, but stifled the opportunity to purchase a home.


Single-family construction in Twin Cities perks up during October  Star Tribune

Despite rising mortgage rates and a dismal start to the fall, homebuilders in the Twin Cities are picking up the pace. So far this month builders were issued 495 ...


Home listings: What $524900 buys in the Twin Cities area  Minneapolis Star Tribune

Centerville . Built in 2018, this five-bedroom, three-bathroom house has 3,071 square feet and features two bedrooms on each level, two fireplaces, vaulted ...


Millennials are jumping in the housing market. Here’s a few things they should know.  St. Paul Pioneer Press

Texas transplants Ashlea and Nick Garrison attended a Twin Cities homebuying class on a Saturday in early May. The couple met with a personal counselor the ...


Why Minneapolis is the 4th worst city for millennial homebuyers  City Pages

After a grueling journey that would break their realtor's record for showings, Jake Woodbridge and Allie Penson finally found a home.…


Lake Minnetonka crushes 2018 luxury home market  Finance and Commerce

The list of top home sales in Minnesota this year is a stunner. After a decade on and off the market, the most expensive listing in the state finally became its top ...


Shortage of listings continues to constrain Twin Cities housing market  Star Tribune

A shortage of entry-level houses is putting a chill on the housing market in the Twin Cities. During September there were 5,311 closings, 7.3 percent fewer than ...


Expanding the Horizon for Homeownership in the Twin Cities  Next City

A decade ago, Hunde Takele arrived from Ethiopia to the Twin Cities as a “lucky winner” of the U.S. green card lottery. “It was really hard to win,” he says, not just ...


Resilient Twin Cities apartment market faces big test ahead  Star Tribune

The record number of new apartments coming online in the Twin Cities has yet to produce a glut of vacant units. But with an even bigger batch of rentals headed ...


Median home sale price hits $268000 in the Twin Cities  Star Tribune

The imbalance between home buyers and sellers in the Twin Cities last month was a little less out of whack than it's been in years, but sellers still rule when it ...


Why 'fixing' Minneapolis' housing crisis is going to be lot harder than people think  MinnPost

City planners, housing experts and elected officials all pretty much agree that Minneapolis needs to build a lot more affordable places to live. What's less clear is ...


Three inducted into Minnesota Real Estate Hall of Fame  Finance and Commerce

Russ Nelson, Tom Holtz and Jim Nelson are the newest additions to the Minnesota Real Estate Hall of Fame.


Guaranteed real estate offers  KARE11.com

Now these programs are arriving in the Twin Cities. Real estate broker Kris Lindahl of Kris Lindahl real estate helps homeowners sort through the pros and cons, ...


Home listings soar in August; affordability continues to be a challenge  Minneapolis / St. Paul Business Journal

There were 7814 homes listed for sale in Minneapolis in August, a 7.6 percent increase over August 2017. Meanwhile, the median sale price of homes jumped ...


The top apartment sales of 2018  Finance and Commerce

Investors buying into the Twin Cities apartment market in 2018 were split on buying old and new. Prominent in the market this past year were investors snapping ...


Find the hottest Twin Cities housing markets of 2017  Star Tribune

For the second year in a row, the Star Tribune compared the largest housing markets in the Twin Cities metro area to determine which were the hottest in 2017.


Twin Cities' hot CRE market showing no signs of a slowdown  REjournals.com

Outsiders tend to lump the cities of Minneapolis and St. Paul into one large metro. But while it's true that these two cities, which make up the Twin Cities ...


Ford site Q&A: What comes first, what about the ballfields, more  St. Paul Pioneer Press

Over the past 80 years, the Ryan Cos. have designed and constructed some of the most recognizable structures in the Twin Cities, from CHS Field in downtown ...


Why it's extremely difficult to buy a first home in Minnesota right now  MinnPost

It's an agonizing problem for a lot of young people. You want to buy a house of your own. You can't find a lot in your price range. You keep throwing rent money ...


Meet the man behind the face on all those Kris Lindahl billboards  Star Tribune

If you don't know Kris Lindahl, you probably haven't driven a Twin Cities highway. His face is plastered on billboards throughout the metro and on just about ...


2018 In Review: Homes Bought, Sold By Minnesota Celebrities  Burnsville, MN Patch

Homes Bought, Sold By Minnesota Celebrities - Burnsville, MN - Ricky Rubio, Garrison Keillor, and Karl-Anthony Towns are among the local celebrities making ...


Minneapolis still battling against vacant properties -- even in housing shortage  Star Tribune

Nearly 340 residential buildings sit empty and boarded across Minneapolis, despite a severe housing shortage and a steep vacant property fee that has raised ...


Explaining the multifamily housing boom in the Twin Cities suburbs. (Yes, there is one.)  MinnPost

In recent years, multifamily has increased from making up 29 percent of new units constructed in Twin Cities suburbs in 2013 to 50 percent in 2017.


City of Dayton calls a year-long halt to new housing  Minneapolis / St. Paul Business Journal

The city of Dayton on Wednesday approved an ordinance to halt new subdivisions of land for a year.