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Are Condos & Townhomes The Next Housing Boom?

September 21, 2010 by 7 Comments
Star Tribune Housing InfoGraphic

The Star Tribune has a good article discussing the demographic changes coming to the Twin Cities in the coming years and how cities and housing are not currently designed for the needs of our aging population.  The best explanation of the trend is found in their infographic:(image courtesy Star Tribune) So while new housing built in the last 20 years targeted larger households, the growth in households in the next 5 years is in smaller households.  But not so fast!  Currently there is a glut of townhomes and … [Read more...]

Filed Under: Community Issues, Crystal Ball Projections, Info for Buyers, Info for Sellers, Market Stats Tagged With: , , , ,

Condo Associations Need FHA Approval To Remain Competitive

July 26, 2010 by 2 Comments

This recent story below points out how important FHA financing is in today's market and that the efforts of associations can improve or damage the saleability of their homes depending on how they are run.  FHA blanket association approval is only needed for condominium projects - townhome developments can be financed with FHA without the special association approval. One thing to note is that some townhomes are considered condos as well - you need to look at the legal description of the property to discover … [Read more...]

Filed Under: Community Issues, Info for Buyers, Info for Sellers Tagged With:

Downtown Minneapolis Condos and Townhouses

December 24, 2009 by Leave a Comment

Looking for a condo or townhome in and around downtown Minneapolis? Click below for quick search links to all the developments: North Loop 212 Lofts 5th Avenue Lofts 710 Lofts 720 Lofts 730 Lofts 801 Washington Lofts 918 Lofts Bassett Creek Lofts Bookmen Lofts Bookmen Stacks Harvester Lofts Herschel Lofts The Itasca Lofts The Landings Lindsay Lofts Renaissance on the River River Station Riverwalk Lofts Rock Island Lofts Security Warehouse Lofts SO+HO Tower Lofts Whitney Square Lofts at International Market … [Read more...]

Filed Under: Info for Buyers, Neighborhood Info Tagged With: , , ,

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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.