Residential building permits Mankato 2011
2012
Residential building permits North Mankato (in thousands)
2011
$3,000
$1,636.3 $2,239.4
2012
$8,000 $2,000
$6,000 $4,000
$1,000
$2,000 $0
J
F
M
A
M
J
J
A
S
O
N
D
Source: City of Mankato
J
F
M
A
M
J
J
A
S
O
N
D
Source: City of North Mankato
Existing home sales: Mankato region 2011
2012
250
Information based on Multiple Listing Service and may not reflect all sales
159 144
200
Housing starts: Mankato/North Mankato 2011
Includes single family homes attached and detached, and townhomes and condos
2012
40
34 7
30
150
20
100
10
50 0
$0
J
F
M
A
M
J
J
A
S
O
N
D
Commercial building permits Mankato $9,000
J
F
M
A
M
J
J
A
S
O
N
D
Source: Cities of Mankato/North Mankato
Source: Realtors Association of Southern Minnesota
2011
0
2012
(in thousands) $8,921.3 $1,865.2
Commercial building permits North Mankato (in thousands) $12,000
2011
$268.9 $321.4
2012
$9,000
$6,000
$6,000 $3,000 $0
$3,000 J
F
M
A
M
J
J
A
S
O
N
D
2011
County
2012 4.1%
5.0% 4.5% 4.0%
3.4%
3.5% J
F
M
Source: Freddie Mac
F
Foreclosures:
Interest rates: 30-year fixed-rate mortgage
3.0%
J
M
A
M
J
J
A
S
O
N
D
Source: City of North Mankato
Source: City of Mankato
5.5%
$0
A
M
J
J
A
S
O
N
D
Blue Earth Brown Faribault Le Sueur Martin Nicollet Sibley Waseca Watonwan
2012 second quarter 2011 2012 48 10 8 32 13 17 14 10 4
41 13 10 26 13 14 19 16 3
Percent change -14.6% +30% +25% -18.8% 0% -17.6% +35.7% +60% -25%
Source: Minnesota Foreclosure Partners Council J. Malmanger
MN Valley Business • november 2012 • 11
Business Barometers
$10,000
(in thousands) $5,247 $2,922.2