Where the local energy, new development, and real estate trends are pointing next. As we look ahead to 2026, it’s clear that the Twin Cities are in the middle of a new wave of growth—fresh restaurants opening, major infrastructure improvements underway, and pockets that feel ready for their “glow up.” At Wits, we’re always paying…
By: Eric Beise | Realtor With growing fears regarding COVID-19 and its impact on the economy, we wanted to provide you with information that may ease your concerns. By extracting data from past pandemics and economic recessions, we presume that in the midst of this fear and chaos, the outlook of the housing market looks…
By: Brady Erickson | Realtor Market perception and misconceptions. It should be no surprise that many of my conversations are real estate conversations. One of the most redeeming qualities of these frequent conversations is hearing what perceptions of the market are floating around in the minds of many. My goal in this article is to…
By Brady Erickson, Realtor As the Twin Cities continue to surge with high-income renters and demand for rental homes, owning rental property has become an increasingly lucrative endeavor. But even with the tremendous upside of owning real estate, there are many pitfalls to an oversimplified approach. Property investment is multifaceted and should be approached with…
By Brady Erickson, Realtor Short answer: No. Long answer: No, not really. Understandably, there is a bit of a recency bias when it comes to how one feels about the future of the real estate market. We are not all that far removed from the bursting of the housing bubble, and that is certainly informing…
Last week, the Federal Transit Administration (FTA) gave an important approval for the Southwest Light Rail Transit (SWLRT) project. Along with this approval, came the ability to for the Met Council to award the construction contract for the project which is estimates a total cost of $2 Billion. That is the largest infrastructure project in the state’s history.
The Minneapolis 2040 Plan will arguably be the most impactful document for Minneapolis residents–and even those in the greater Twin Cities–for years to come. If you haven’t read the whole thing, we don’t blame you. Coming in at just under 500 pages of light reading, it is hard to make it a priority, yet there are several important things to consider, especially when it comes to housing.