Quick Home Search

By searching, you agree to the EULA

A Great Perspective on New Home Construction

CNBC has a great article on some new housing numbers that I think sums up what we’ve been seeing in the Twin Cities lately.  I believe the views by J.P. Morgan and Raymond James are both spot-on!

http://www.cnbc.com/id/32569620

It is nice to see a little renewed interest in new construction lately… I have seen several developments with 10+ houses under construction at once… something that isn’t very notable compared to 2002-2006 but quite interesting compared last year.  This surge in activity is very spotty though and is found mostly where builders or developers lowered their prices to get the completed home down to a competitive level.

Print Friendly

Disclaimer

TwinCitiesRealEstateBlog.com is not a Multiple Listing Service MLS, nor does it offer MLS access.
This website is a service of Aaron Dickinson of Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.