Week of Sept. 21, 2009
| News and Updates |
| Events |
| Departments |
| Reference |
 |
 |
 |
 |
 |
 |
Get on Up!
MAAR can get your
advertising message to
those you want to reach.
buy ad space | ad policy
News and Updates Once again, the six-day gap between where Labor Day fell in 2008 and where it fell this year is causing our year-over-year weekly numbers to look weird. For the week ending September 12, you'll see a steep drop-off in new listings and pending sales, but there's no such dip last year. New listings for the week ending September 12 were 1,624, a 12.9 percent drop from this period last year. Pending sales agreements also dropped precipitously to 840 from 1,070 a week ago, 7.3 percent higher than this week last year. Next week's figures should begin to provide more relevant year-over-year comparisons. As the final days of the tax credit tick down (72 days and shrinking), we'll be watching market activity with heavy interest. Stay tuned. VIEW FULL REPORT | VIEW MORE RESEARCH REPORTS |
|||
Twin Cities REALTOR® Expo – Wednesday, September 23
Sponsors & Exhibitors | Classes & Speakers | Register The first 500 members receive a green bag! For more information, contact Amy Ransom at amyr@mplsrealtor.com or 952.988.3124. SEE YOU AT THE EXPO! TWITTER HASHTAG: #tcrexpo
|
|||
Call for Action: Extend and Expand the Tax Credit
Good links: NAR Information Repository | MNAR Video – Credit Ending | MNAR Video – Extending the Credit Source: National Association of REALTORS®, Minnesota Association of REALTORS® |
|||
New MAAR Board Executive Committee and Members for 2010 The election is over, the nominating committee has presented their recommendations and the vote tallies, and the current board has approved. These are the answers to today's MAAR leadership questions:
|
|||
|
"The 100+," our community level market tracking tool has been updated with data through August 2009. All real estate is local—even from block to block. "The 100+" was built with this micro-level geographic truism in mind. |
|||
Housing Supply Outlook – September 2009
Takeaway #1: The single-family detached market segment is rapidly approaching a balanced equilibrium. There are currently 6.3 months of supply available in that segment compared to 8.0 and 11.7 months in the townhome and condominium segments, respectively. The lower price ranges of the single-family detached segment are actually now extreme seller's markets, with only 2.3 months of supply available under $120,000, for example. Takeaway #2: Sales continue to boom below $200,000 as first-time buyers move to take advantage of the final days of the federal tax credit. Expect sales to continue at a brisk pace for the next two months as the "last call before bar close" buyers take advantage of the final days of this substantial market incentive. |
|||
The 2009 REALTOR® Party Video Contest
RULES & CONTEST ENTRY INSTRUCTIONS Source: National Association of REALTORS® |
|||
|
Do you know the next REALTOR® of the Year? It could be the person sitting right next to you. Heck, it could be you! MAAR is taking nominations for the 2009 REALTOR® of the Year. This prestigious honor is awarded to one of MAAR's members who stands out as the best of the best. You can complete the nomination form and get it to us in one of three ways:
|
|||
Just because we now have Brett Favre doesn't mean agents with a Minnesota real estate license can run willy nilly around Wisconsin. You cannot show properties in Wisconsin without a Wisconsin real estate license. Good thing someone has already thought of this. | HOW TO GET A WI LICENSE
|
|||
Properties Wanted for "The Welcome Home Tour"
Do you have a foreclosed/vacant home listed in Thomas/Dale (Frogtown) or the North End in St. Paul? If you do, here is a great opportunity to showcase your property. Tours will start at a designated resource home where buyers can pick up a map of the properties on the tour, a brochure, information on financing, and remodeling. As part of the tour, each designated property will get signs identifying it as part of The Welcome Home Tour, as well as newspaper advertising in the Pioneer Press. All of the work is done for you. You just have to call the designated person in the area below where you have your listing, get it approved for the tour, and show up on the scheduled date from noon to 4:00 p.m. Requirements for selected properties: Tour Schedule: To have your listing considered, please contact the appropriate person below.
Not sure where these areas are? | VIEW MAP Sources: City of Saint Paul, Saint Paul Area Association of REALTORS®
|
|||
WCR's "Men of Real Estate" Calendar Available at MAAR Store
The Men's 2010 calendar sponsored by the Twin Cities Women's Council of REALTORS® has just arrived!
Feel free to stop by the desk of store manager, Delores Hoseth, to take a look at the calendar and let her know if you would like to purchase one.
We only have about 25 calendars and will sell them in our store for $15.00.
You might even ask Mr. May (our very own CEO, Mark Allen) to autograph your copy!
|
|||
|
REALTOR® University Webinar Summit – September 22 Six free webinars are being offered on September 22 about timely topics from top industry speakers. This is an opportunity to educate yourself for FREE! Through NAR's "Right Tools, Right Now" initiative, REALTOR® University is offering a free, daylong Webinar Summit on September 22. NAR has lined up leading experts to present timely topics, including: The 2010 Economic Forecast and How YOU Can Prosper in the New Marketplace 20 Powerful Real Estate Blogging Tips to Generate Business How to Successfully Close Your Short Sales How Top Agents Are Using Video on the Web to Generate Business NOW! The Top 10 Money-Making Tools in Real Estate 14 Proven Systems to Keep Your Transactions Intact Until They Close |
|||
Find Your Path at the Twin Cities REALTOR® Expo – September 23
You have until Tuesday, September 22, at noon to register for the Twin Cities REALTOR® Expo online. After that, you'll have to sign up at the door, which isn't a problem for us. Just come and be part of the largest REALTOR® expo in Minnesota! Sponsors & Exhibitors | Classes & Speakers | Register
For more info, call Amy Ransom at 952.988.3124 or amyr@mplsrealtor.com.
|
|||
Business Day at Minneapolis City Hall – September 25 Business Day at City Hall Note: City Hall can only accommodate about 100–150 participants. At $15, this program may fill quickly.
|
|||
Quarter Century Club / REALTOR® Emeritus Event – Thursday, October 1
This annual event serves as a welcome for new members to the two exclusive clubs that you can only get into for many years of dedicated service to the industry. Light appetizers will be provided. For additional information, please contact Amy Ransom at amyr@mplsrealtor.com.
|
|||
2009 REALTORS® Conference & Expo, November 13–16. Registration is Open!
INFO & REGISTRATION | ONLINE CONFERENCE FLIPPY BOOK |
|||
|
Public Affairs
The Southwest Policy Advisory Committee (PAC) is expected to make a decision on the locally preferred alternative for the only Southwest LRT route that will be carried forward into the next stages of planning and construction at their October 14 meeting. The PAC's recommendation will be passed on to the Hennepin County Regional Railroad Authority (HCRRA), who will hold a public hearing:
For more about the Southwest LRT project, visit www.southwesttransitway.org.
|
|||
Education and Professional Development Earn your Accredited Buyer Representative (ABR®) Designation at a Discount!
Fall Continuing Education Classes
Night School
You can still purchase the $99 Unlimited CE Pass if you haven't already. If you take at least four classes, you will save money AND get a jump start on your CE for the next year. NAR to Launch Short Sale and Foreclosure Certification Program |
|||
|
NorthstarMLS staff have been hard at work enhancing the public records/tax functionality of NorthstarMLS to increase its value to you and your clients.
As always, your feedback is welcomed at mlshelp@northstarmls.com. Source: Regional Multiple Listing Service (RMLS) |
|||
|
MongoFAX – Yes, It Really is Free Visit MongoFAX at the Twin Cities REALTOR® Expo on Wednesday!
Unlimited Free Scanning from ANY Fax Machine to ANY Email Address Start Using MongoFAX Right Now, Completely FREE! To get started today go to www.mnrealtor.com, go to Member Benefits and click on Member Discounts to access the MongoFAX cover page.
|
All Quarter Century Club and REALTOR® Emeritus members are invited to a reception being held in their honor on October 1, 2009, 1–3 p.m. at the 
If you know
a member who is not receiving enotes, please forward
their email addresses to info@mplsrealtor.com.
To unsubscribe, send an
email to unsubscribe-enotes@mplsrealtor.com with REMOVE in the subject line. Allow 14 days to process the request. Send replies and news ideas to MAAR's Communications Manager, G. Sax.
© 2009 Minneapolis
Area Association of REALTORS®.
All rights reserved.