CONTACT ME

Buying & Selling Homes in the Twin Cities
 

TESTIMONIALS
Matt is an outstanding Realtor and a dedicated worker. He was flexable, patient, informative, and available for every walkthrough and question I had. Throughout the process he was professional but casual in that I always felt I could talk to him about wants for the house I would ultimately find. Buying a house is stressful and daunting, but Matt made it an easy process, I could not have wished for anything better.

Dave Striegel
Apple Valley

 
 

TWIN CITIES REAL ESTATE NEWS

Courtesy of Google News
Startup Showcase: Platform links contractors with real estate professionals  St. Paul Pioneer Press

According to Statista home improvement expenditure amounted to about $394 billion in 2018. The success of home renovations, rehabs and maintenance is ...


Twin Cities Trackers  Finance and Commerce

To help our subscribers keep tabs on growth and investment, Finance & Commerce created online development and sales trackers. Finance & Commerce ...


Industrial Equities sells 34 Twin Cities industrial buildings for $227 million to Blackstone - Minneapolis  Minneapolis / St. Paul Business Journal

Industrial Equities has sold its portfolio of 34 industrial buildings across the Twin Cities for $227 million to New York-based Blackstone's real estate investment ...


Trying for a new look for Twin Cities condo buildings  PostBulletin.com

MINNEAPOLIS — John Dwyer and Colin Oglesbay aren't always fond of how new housing in the Twin Cities looks these days, and they think others feel the ...


Why it's so expensive to build a house in Minnesota right now  MinnPost

The inflation-adjusted median price of a new home in Minnesota is more than double what it was in 1970.


Expert: Production, deal volume to start shrinking in Twin Cities  Finance and Commerce

If 2017 and 2018 were not the years in which the commercial real estate market took a downturn, 2019 is still in the running to mark the end of a decade long up ...


Online ranking says St. Paul is Minnesota’s worst city to live in  St. Paul Pioneer Press

Another day, another ranking on the Internet. In a recently published ranking of worst cities in each state in USA Today, St. Paul came out on the bottom for the ...


Twin Cities home values declined in April, Zillow says  Twin Cities Business Magazine

Home values in the Twin Cities have slipped for the first time in seven years, according to a new analysis from online real estate research company Zillow.


Ramsey County Commissioner Huffman resigns after inquiry finds potential conflicts of interest in real estate deal  St. Paul Pioneer Press

Ramsey County Commissioner Blake Huffman resigned Wednesday after an inquiry by county officials found potential conflicts of interest in a land sale between ...


Twin Cities commercial real estate experts provide their 2019 outlook at Business Journal panel - Minneapolis  Minneapolis / St. Paul Business Journal

Perhaps the biggest concern on everyone's mind is the rising cost of construction, which could slow down what has been several years of a boom in the industry.


St. Paul’s ‘Grumpy Old Men’ house is on the market for the first time in 72 years  St. Paul Pioneer Press

When it came to “Grumpy Old Men,” Walter Matthau and Jack Lemmon had nothing on St. Paul's John Halfen II. Halfen's 1918 Colonial house, used in the 1993 ...


What will new energy disclosure rules mean for home prices?  Southwest Journal

Climate advocates are hoping to use the competitiveness of Minneapolis' housing market to the environment's advantage. That's because multiple studies ...


Life Time will debut mixed-use Life Time Living concept in 2020  Minneapolis / St. Paul Business Journal

Life Time Inc. is continuing its expansion beyond fitness and readying the debut of its mixed-use Life Time Living concept, with locations planned in Dallas, ...


Doran Cos. founder steps aside as CEO, top owner  Minneapolis / St. Paul Business Journal

Kelly Doran, one of the Twin Cities' best-known and most successful real estate developers, is no longer the CEO nor majority owner of Doran Cos., the ...


Developer has housing plan for former Walmart site in St. Anthony  St. Paul Pioneer Press

Five years ago this month, Walmart shuttered its store in St. Anthony for a new one in neighboring Roseville. The mega-retailer's departure from Silver Lake ...


Blackstone industrial portfolio purchase tops $227M  Finance and Commerce

Industrial Equities has sold an industrial portfolio for more than $227 million to a buyer related to a Chicago-based trust operated by Blackstone. Blackstone Real ...


The most significant action when selling your home? Staging.  St. Paul Pioneer Press

Marina and Daniel Ein acquired an extraordinary collection of Oriental rugs, antiques and art over a lifetime of travel. When it came time to sell their ...


Ramsey County board says Blake Huffman investigation continues; accepts resignation  St. Paul Pioneer Press

The Ramsey County Board voted unanimously Tuesday to accept the resignation of one of its members, following an internal report that he acted inappropriately ...


Business People: Sunday, April 28  St. Paul Pioneer Press

Weber Shandwick announced the appointment of Andrea Mokros as senior vice president, corporate and public affairs, based in the agency's Minneapolis office ...


To expand Twin Cities economy of the future, the minority-achievement gap must shrink  Star Tribune

Jamil Ford, an architect and small-business owner, and Devean George, a real estate developer, are collaborating on a second multifamily housing-commercial ...


Minneapolis office towers attract new buyers as property sales boom  Star Tribune

Some of the most recognizable skyscrapers in downtown Minneapolis have recently been snatched up by deep-pocketed companies.


Xcel plans to be coal-free by 2030; Allen S. King plant to close in 2028  St. Paul Pioneer Press

Xcel Energy plans to shutter its two remaining coal plants in the Upper Midwest a decade earlier than scheduled — a move that will make the utility coal-free in ...


Home listings: What $149900 buys in the Twin Cities area  Minneapolis Star Tribune

Crystal. -. Built in 1952, this two-bedroom, one-bathroom house has 750 square feet and features all living areas on one level, a formal dining room, patio and ...


Trump acknowledges massive tax write offs, calls it ‘sport’  St. Paul Pioneer Press

WASHINGTON (AP) — President Donald Trump on Wednesday acknowledged taking massive tax write offs for real estate losses topping $1 billion from the ...


Business People: Sunday, May 12  St. Paul Pioneer Press

Lawrence & Schiller, Sioux Falls, S.D., announced it has opened an office at 3300 Edinborough Way, Suite 740, Edina. L&S Minneapolis is led by Travel ...


St. Paul launches web portal for Opportunity Zones, which cover 20 percent of the city  St. Paul Pioneer Press

St. Paul has launched a website dedicated to its many “Opportunity Zones” — 19 census tracts that have been federally designated as tax shelters for real estate ...


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 ...


Twin Cities house hunters in for another tough market this spring  KARE11.com

MINNEAPOLIS — If you're looking to buy a home in the Twin Cities this spring, you're in for another tough real estate market. Numbers from the Minneapolis ...


Twin Cities housing market good for moving up the ladder, not good for getting on  Bring Me The News

It's good for those moving up the ladder, less so for those getting on.


Construction on Minneapolis' new Gateway skyscraper expected to begin soon  Star Tribune

The Minneapolis skyline has been mostly untouched for nearly 20 years. By the end of June, the city is expected to finalize the sale of the former Nicollet Hotel ...


Twin Cities home prices will continue their climb, report predicts  Minneapolis / St. Paul Business Journal

Median homes sale prices across the Twin Cities will continue to rise in 2019 as supply remains short of the demand for housing, a University of St. Thomas ...


Before and after the University Avenue Green Line: values soar faster than taxes, and a divide remains  St. Paul Pioneer Press

When the light-rail project along St. Paul's University Avenue was first pitched, it was portrayed as a catalyst that would enhance and attract. So how has it done?


Trump lawsuit tries to block subpoenas for financial records  St. Paul Pioneer Press

By MICHAEL BALSAMO. WASHINGTON (AP) — President Donald Trump, his family and the Trump Organization filed a lawsuit against Deutsche Bank and ...


First-time buyers face scramble in Twin Cities housing market  Star Tribune

House listings in the Twin Cities are on the rise, but first-time buyers are snapping them up as quickly as they hit the market, setting the stage for another ...


Twin Cities housing market gets even tighter as new listings lag  Star Tribune

It's shaping up to be another hypercompetitive spring market for Twin Cities home buyers, especially for first-time buyers like Brandon Chheoun. With a budget of ...


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 ...


Shifting Twin Cities real estate market  KARE11.com

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


Twin Cities homebuilders see big declines in March  Star Tribune

Homebuilders in the Twin Cities metro had their sleepiest March in four years with single-family and multifamily construction falling sharply. Single-family ...


Twin Cities housing market sets record for median sales price  Minneapolis / St. Paul Business Journal

The Twin Cities set a new single-month record for the median sales price of a single-family home in March, even as above-average precipitation and soggy ...


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 ...


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.


Realtors: Record high home prices highlight 2018 Twin Cities area housing market  St. Paul Pioneer Press

Median Twin Cities home prices reached record highs in 2018, while other indicators favored sellers in the area housing market, according to statistics released ...


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 ...


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 ...


Even after 35 years, group of Twin Cities commercial real estate pros is still meeting, growing  Minneapolis / St. Paul Business Journal

Five or six guys met once a month, gave each other advice and, eventually, did deals with each other, bought property from one another and invested in ...


Robbinsdale’s Rollicking Pizza Restaurant Closes for a Move  Eater Twin Cities

Pig Ate My Pizza threw one final party in its original location on Robbinsdale's main street yesterday. The restaurant is a part of the Travail collective and a piece ...


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 ...


Renovations on the move at Twin City Shopping  Sentinel & Enterprise

More storefronts at Twin City Shopping Center are scheduled for a facelift this summer, as the third phase of a four-year renovation project continues.


March homebuilding permits dip to four-year low, BATC-Housing First Minnesota reports - Minneapolis  Minneapolis / St. Paul Business Journal

This was the slowest March for new metro-area residential construction permits since 2015, BATC-Housing First Minnesota reported this week. One of the ...


Life Time CEO Bahram Akradi Capitalizes on How We Work, Live and Play  Twin Cities Business Magazine

Blueprints cover a table in Bahram Akradi's corner office at Life Time headquarters in Chanhassen. His windows look out on one of his 115,000-square-foot ...


Apple Valley homes on Opendoor tops for foot traffic  Minneapolis / St. Paul Business Journal

Homes for sale in Apple Valley drew more foot traffic during the first three months of the year than any other listings posted on Opendoor.


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 ...


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 ...


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.


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 ...


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 ...


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.


The five largest residential real estate sales in 2018 (galleries)  Minneapolis / St. Paul Business Journal

A look at each of the top five homes sold in 2018 in the Twin Cities.


Minnesota's high-end real estate scene competitive but varied due to state of economy  KSTP

The Twin Cities area is also seeing growth on the opposite end of the market. The number of houses sold for $2 million or more has increased in recent years...


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 ...


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 ...


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 ...


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.


In Minneapolis, the Majority of Households are Now Occupied by Renters  Twin Cities Business Magazine

The shift comes as many are calling for more renter inclusion in neighborhood organizations as part of Minneapolis' Neighborhoods 2020 plan.


Best Suburbs For Buying A House In The Twin Cities Metro  Woodbury, MN Patch

Best Suburbs For Buying A House In The Twin Cities - Woodbury, MN - It's a competitive market out there if you're looking to buy a home, but these are the best ...


Twin Cities home sales slip in March as supply of starter houses drops  Star Tribune

It's been a less-than-stellar spring for first-time home buyers in the Twin Cities.


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 ...


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 ...


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 ...


Single-family Twin Cities home permits up in January  Finance and Commerce

Permit activity for construction of single-family homes in the Twin Cities is off to a hot start, but planned multifamily units in January are down from year-ago levels ...


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 ...


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 ...


Suburbs embrace affordable housing efforts as rents rise in Twin Cities  Star Tribune

With rents rising across the metro, cities find stable options to help, and keep, tenants.


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 ...


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 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 ...


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.


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 ...


Big deals fuel Twin Cities 2018 office market – Finance & Commerce  Finance and Commerce

The big office deal was back in 2018 as high-dollar sales paced the Twin Cities market to twice the prior year's volume. Four metro office buildings sold for more ...


Minneapolis Area Realtors names new CEO  Minneapolis / St. Paul Business Journal

Former Greater Twin Cities United Way executive Carrie Chang was named CEO of Minneapolis Area Realtors, the association announced Monday.


Lennar was the top homebuilder in the Twin Cities in 2018, new report says  Minneapolis / St. Paul Business Journal

Lennar Minnesota led a list of the top 25 Twin Cities homebuilders released Thursday by BATC-Housing First Minnesota.


5 Cheap Homes For Sale In The Twin Cities  Southwest Minneapolis, MN Patch

TWIN CITIES, MN — People have made a fortune all over the country by learning the art of flipping houses. They buy it on the cheap, they fix it up. Then, they ...


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

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


How a 'dump,' a drug den and a 'weird' house became 3 cool Twin Cities homes  Star Tribune

Every home has a story. But the tales behind older houses in the urban core are especially rich, with dramatic chapters and transformations. Next weekend, 48 ...


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 ...


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 ...


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.


Real estate market shows signs of shift | Lake Minnetonka 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 ...


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 ...


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 ...


List Leaders: Largest commercial property management firms in the Twin Cities  Minneapolis / St. Paul Business Journal

There's a new No. 1 on the Business Journal's List of the largest commercial property management firms in the metro.


2019 40 Under 40: Kris Lindahl, Kris Lindahl Real Estate  Minneapolis / St. Paul Business Journal

You've likely seen him, arms outstretched, on billboards across the Twin Cities. However, Kris Lindahl, CEO of Kris Lindahl Real Estate, is more than just the ...


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.…


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 ...


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

What you get for the money in Crystal, St. Paul and North St. Paul.


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 ...


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.


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.


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 ...


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 ...