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REAL ESTATE

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The housing market seems to be steadying out after a pandemic-fueled homebuying spree, but the low inventory of available homes on the market remains an issue.
Weichert, Realtors — Tower Properties co-owner Jason Dowdey recently completed Weichert Real Estate Affiliates Leadership Academy training.
Auctioneer Nathan Fragodt completed training at Certified Auctioneers Institute.
Weichert, Realtors — Tower Properties welcomes Brianna A. Schoolmeester, who recently obtained her real estate license.

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On April 6, 2021, “Saturday Night Live” did a racy mock commercial for Zillow, the website that lets users anonymously browse for information – including estimated market values – for nearly every home in the United States.
Two Willmar area agents from the Weichert, Realtors — Tower Properties brokerage were honored by the national franchise organization, Weichert Real Estate Affiliates Inc.
Five agents of RE/MAX Preferred Realty, with offices in Willmar, Spicer and Olivia, have recently been honored.
The tax increment financing district for the Block 25 Lofts apartment project in downtown Willmar was approved by the Willmar City Council. The TIF district will reimburse the project developer, Lumber One Development Company, a portion of their paid property taxes to help fund some of the costs incurred in the project, such as environmental remediation.
The revised requirements are expected to reduce home construction costs in Minnesota and make the state more competitive when it comes to attracting new residents.
The Kandiyohi County and City of Willmar Economic Development Commission Joint Operations Board discussed the need for single-family homes in Willmar, along with the challenges facing project developers at its meeting last week. While apartment projects are going up across the city, single-family home projects remain rare.

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The Willmar City Council approved beginning the process to sell approximately 32 acres of land in the Willmar Industrial Park to RDC National. The developer will be constructing a small package sorting and distribution facility on the site for an unnamed end user.
The Willmar Planning Commission is recommending the Willmar City Council approve the sale of more than 30 acres of land in the Willmar Industrial Park. Developer RDC National Inc. will be constructing a $25 million logistics facility for an end user that has yet to be named publicly.
The ND Rent Help program is poised to help up to 20,000 households behind on rent.

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