It doesn’t matter which indicator I look at, townhouses and condos are in demand in the metro area. Smaller affordable units are in demand for first-time homebuyers and for retirees.
The supply of condos in St. Paul is small but has remained fairly flat for the past couple of years. The number of homes for sale in St. Paul is slightly higher than it was at this time last year but still very low.
If I were a builder I know what I would build . . .