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Twin Cities homebuilders enjoying best year in nearly a decade.
Let's keep going. People are sleeping in chairs some nights at Salvation Army. Shelters are full all four seasons.
Isn't it amazing. Building all these new luxury apartments and bigger homes.
I sure like the democratic economy and people having more money to spend and enjoy life more.
Why show a picture of some tacky vinyl mcmansion way out in the burbs? Half are now multi-family units in the core cities. People want that lifestyle, and the market is meeting that demand despite all of the social engineering that has tried to push people out into the suburbs for the past sixty years. That's the real takeaway. You can keep your plywood, Lennar.
We've been through this a couple of times before, wait for the next condo bust. Every time we're told it is different this time, then bang, people are left holding the bag.
Wrong Matt Audio. That is all people can afford - its not that they want it. With high gas prices year round and health care insurance premiums skyrocketing and the new jobs paying less than the old or simply part time...it's amazing anything is getting built.
Rob7304 you pay for gas? Maybe you should be moving closer to work in a charming old neighborhood with character.
New constructions means stoves, refrigerators, curtains, carpets, windows, carpenters, plumbers, masons, electricians.... Work! Yes, more money rippling through the economy will have folk in a good mood come November, 2014.
“Ten thousand units is a nice benchmark,” said Wendy Danks, the Builders Association’s director of marketing, “but 12,000 to 15,000 is where we need to be.”
I disagree completely. There is nothing wrong with the metro area growing at only 5-8,000 units per year. Less population and congestion growth for our infrastructure to have to handle.
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