The Skinny Blog


 

Compared to May 2016, new listings in the Twin Cities inched up 0.7 percent while closed sales fell 1.1 percent. Given that there were 17.3 percent fewer homes on the market compared to last May, it’s clear that buyers remain motivated. Declining foreclosure and short sale activity can contribute to market-wide declines. For example, traditional
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Filed Under: Blog

  2017 Jean Leake Emerging Markets Service Scholarship Recipient—MY NAR REALTOR Legislative Meeting Experience By Erin Wilson The night before I left, I had planned to get up at 4 a.m. to make my 7:30 a.m. flight but found myself awake at 2 a.m. in anticipation of my first trip to the National Association of REALTORS®
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Filed Under: Blog

The “MGIC/MAAR Home Payment Report” is a quarterly overview of typical monthly payments on homes recently sold in the Twin Cities’ 50 most active real estate markets. Agents can download the report and forward it to prospects or include it in their own marketing pieces. The report is produced through a partnership between MAAR and
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Filed Under: Blog

Compared to April 2016, new listings in the Twin Cities declined 8.3 percent while pending sales decreased 8.5 percent. Given that there were about 20.0 percent fewer homes for sale, a modest decrease in signed purchase agreements compared to last year reflects a shortage of listings and not necessarily declining demand. Days on market is
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Filed Under: News Release ,Stats

Seller activity rose 1.3 percent compared to March 2016. The number of signed purchase agreements declined 3.0 percent, though the number of closed sales rose 8.3 percent. Housing demand has outpaced supply, thus continuing the trend of falling active listings. In March, inventory levels fell about 20.0 percent compared to 2016 levels. Those shopping for
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Filed Under: Blog

MAAR has a new tool for educating consumers and encouraging potential home buyers to make a move. The “MGIC/MAAR Home Payment Report” is a quarterly overview of typical monthly payments on homes recently sold in the Twin Cities’ 50 most active real estate markets. Agents can download the report and forward it to prospects or
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Filed Under: Blog