February 2016

Found 3 blog entries for February 2016.

Twin Cities New ConstructionWhile 2015 was a pretty robust year for the Twin Cities real estate market, new construction is already off to a slower start in the early part of 2016. Over the course of this month, housing construction in the Minneapolis-St. Paul area has fallen to a 12-month low, with only 286 permits used to develop 371 housing units. Compared to 2015, that’s an 18% drop in permits, according to data from the Keystone Report for the Builders Association of the Twin Cities.

Nonresidential construction is seeing a much more substantial decline in activity and according to Dodge Data & Analytics, the 13 county metro area that makes up the Twin Cities region saw commercial construction drop 64% from nearly $111 million in 2015 to just $39.9 million in January 2016.

In

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Dayton's Bluff NeighborhoodAlthough Dayton’s Bluff has a fairly seedy past in recent years, a strong effort to clean up the neighborhood has been on-going for quite some time, and today, it’s an interesting choice for home buyers looking for that coveted buy low, sell high opportunity.

Vacant houses are being bought up and restored, the crime rate has declined considerably, and the dream of transforming the new Dayton’s Bluff back into the coveted location it was back in the 1800s is finally becoming a reality.

Back then, incredible mansions that overlooked the growing city of St. Paul were being built and charming little cottages filled out the rest of the area’s quiet residential landscape. Where things seemed to go wrong, however, is that by 1980s, many of these larger

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St. Paul Lofts For SaleLike any larger city around the U.S., St. Paul has plenty of different housing options for home buyers to consider, but among some of our favorite properties to show clients are residential loft conversions right in the heart of downtown. Lofts in St. Paul are often chic and stylish on the inside and the buildings themselves also have a fairly unique and rich history as well, only adding to the allure of calling one of these fabulous locations homes.

For the true urban dweller, there’s nothing quite like a St. Paul loft, and believe it or not, the inventory of residential lofts buildings here is actually broader than you may think. The Lowry, located at 350 Saint Peter Street, might be St. Paul’s most recognizable loft building, not to mention one of its

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