Hello again! In our zeal to finish last night, we forgot a couple of important things. If you find the changes, we'll give you a sucker. The MAAR office is closed on Monday, July 5, in observance of Independence Day. Enotes will return on July 12. Happy 4th!
 |
 |
 |
 |
 |
 |
Get on Up!
MAAR can get your
advertising message to
those you want to reach.
buy ad space | ad policy
|
The Twin Cities housing market continues to adjust to a world without a fancy tax credit. Pending sales leveled off following the slight gains seen the prior week, squatting at 645 signed contracts for the week ending June 19. While that's steady compared to last week, it's anemic compared to last year at this time when the market posted 1,156 signed contracts. If you're keeping track of percentages, that means we're down 44.2 percent from a year ago—the sixth consecutive week of year-over-year declines exceeding 30 percent. New listings are also down from a year ago, posting a drop of 8.4 percent from a year ago to 1,712 for the most recent reporting week. Any sort of "return to normalcy" is going to take some time. VIEW FULL REPORT | VIEW MORE RESEARCH REPORTS |
New. The Monthly Skinny Video En Español The new June Monthly Skinny Spanish video is online and ready for you to share.
|
Education and Professional Development Drop Dead '09–10 License Renewal Deadline, June 30, 2010!
How to Know If You are "One of Those" Agents
You must disable your pop-up blocker to view reports (view instructions here). Do not use your browser's back button or all your data will be lost. You will need to enter your last name, license number and social security number. If you do not know your license number, return to "Search Inquiry Services" and click on "Search Licensees" to find and verify a person or entity that is licensed. Note: The courses for 2009–2010 from the Minneapolis Area Association of REALTORS® (MAAR) have all been uploaded to the Pulse Portal system. If the courses you have taken from MAAR are not listed on your transcript, contact Pulse Portal Customer Service at 1.877.244.1688.
MAAR CE Online Class Opportunities in June! CE Shop Hondros Learning
Limited Time Offer: e-PRO® Discount for SRES® Students Please go to the EPD Home Page for all your education needs, call us at 952.908.2602. |
|
June 30 Closing Date Remains Unchanged Even if the bill can secure the necessary 60 votes, several more votes will be required in the Senate. The bill then returns to the House. There is no guarantee that the House would adopt the Senate amendment. The extension could be offered to another bill that includes tax provisions. The Senate will be considering a small business bill that includes tax provisions during the week of June 28. NAR continues to aggressively push House and Senate leadership to extend the date. | MORE INFO
This increase will rebuild FHA reserves faster than it otherwise could, and lowering the upfront premium will provide homeowners with greater equity. NAR supports the FHA change and estimates that on average it will increase monthly payments by $33. The Senate still must act on the measure. | MORE INFO Source: National Association of REALTORS® |
Fannie Mae Increases Penalties for Borrowers Who Walk Away Seven-Year Lockout Policy for Strategic Defaulters
Source: Fannie Mae
|
For Appraisers: Introducing Appraisal Dashboard So what the heck is the Appraisal Dashboard? Well, it is a PHP web application that interfaces with live MLS data (MLS authentication and access required) and provides a visual search interface. The data can be exported into various formats that can be used with the Uniform Residential Appraisal Report and the MISMO format. That's perfectly clear, right? | READ MORE Event: Live Appraisal Dashboard Demo at the
Appraiser Support Meeting Source: Center for REALTOR® Technology / National Association of REALTORS®
|
Supra Annual Lease Due July 17
|
Twin Cities Residential Construction Remains Stable
According to statistics compiled by the Keystone Report for the Builders Association of the Twin Cities (BATC), there were 246 permits pulled for a total of 341 units during the month of June 2010. Year-to-date, permits are 62 percent higher, units are 53 percent higher and value is 49 percent higher than at this time in 2009. | READ MORE Source: Builders Association of the Twin Cities |
|
Win a Trip to New Orleans in the Entering the video contest is easy! Just fill out the entry form, record a video, and upload it to our Brightcove video account. | VIDEO GUIDELINES Source: National Association of REALTORS® |
|
Do you consider yourself an expert in technical concepts and trends? Would you like to assist your colleagues in learning “how to?” If you answered “yes” to any of these, please contact Amy Ransom at amyr@mplsrealtor.com to learn how you can help with MAAR’s newest networking group – Tech Tank! |
The Thing. Arriving This Summer. Have you ever wanted to see important trends for any market segment you could possibly imagine in just a few simple clicks? To know the median sales price in Chanhassen over the last 5 years for new construction condominiums or the current months supply of inventory for short sales in Northeast Minneapolis? No complicated searching, data entry or drop down lists, just instant market knowledge that you can easily share with others? Us too. Keep your eyes glued to www.mplsrealtor.com this summer for the launch of The Thing. Sneak a peek at the Yo Pro's July Squaretables. |
Agents with access to the MLS are now responsible for paying their individual MLS bill directly to MAAR. Watch for your MLS third quarter ebill in your email inbox. This cycle includes: July, August and September. We Need Correct Email Addresses for Agents!
If you have questions about Direct Agent Billing, email accounting@mplsrealtor.com or call 952.933.9020. Or you can view a detailed policy statement here. |
NorthstarMLS launches new web design Check it out. NorthstarMLS.com |
Bring Workers Home: Regional Forum and Class on Workforce Housing
July 12 & 13 (attend one or both days) NAR is offering a stipend for traveling expenses (that won't cover a trip to Honolulu, sorry). CLICK HERE for specifics on how to go about obtaining the $250 stipend. There are several conditions, none of which are difficult but you will need to follow specific instructions. Day 1 – Regional Forum: Workforce housing challenges and practices in Minnesota. Day 2 – NAR Employer-Assisted Housing (EAH) Class, 4 CE pending: Learn how to work with local employers to discuss EAH benefits and help employees become homeowners. | VIEW INFORMATIONAL FLYER |
Next RSA Lunch n' Learn – July 12
Date: Monday, July 12 The speaker is Colleen Schultz of Gramercy. Lunch will be served. Please let us know if you would like a vegetarian meal at time of RSVP and please do RSVP by Thursday, July 8, to 952.908.2602.
|
Real Estate Connect SF 2010 – July 13–15 (now 25% off with MAAR code)
LET'S ALL GO TO SAN FRANCISCO! The hottest tech trends have a lot to do with real estate these days. And tech trends are a big portion of what Real Estate Connect SF 2010 is all about. New apps...the best speakers...2,000 of the smartest, boldest people in real estate and technology! The world of real estate is changing ...faster than ever before. Look beyond what you already think you know. This is a solid, proven real estate industry/insider event. As an added bonus, our very own MAAR CEO, Mark Allen, has accepted an invitation as a featured speaker at Real Estate Connect SF for the second year in a row. This time he'll be speaking on a panel with other industry thought leaders about who you should consider hiring for your progressive real estate business. Accelerate change today. Connect SF is a "don't miss" event. | MORE INFORMATION |
|
Speed dating meets roundtable discussions: "Squaretables" is the name of our quick-hit information and networking event geared toward young professionals (and welcome to all). The format is fast and fun. Check out one table for about 20 minutes, take what you need, ask what you want, move to next table, take more, and so on. Why Squaretables? Because our tables aren't round. Our next event is Thursday, July 15, from 2:30 p.m. – 4:00 p.m. at the MAAR office. Happy hour to follow. Find MAAR Yo Pro on Facebook (maaryopro) and Twitter (@MAARyopro).
You can preregister or receive more information about this event and other Yo Pro activities from Aubray Erhardt at aubraye@mplsrealtor.com or 952.988.3120. Seating is limited, so if you want to participate, contacting Aubray sooner is better! Membership in this group is open to all. Also...10K Introduces New Product “The Thing” |
Real Estate Tech Tank – July 22 What if a bunch of real estate types (agents, lenders, title pros) sat around in an open space, working, chatting and collaborating? That's RETT – Real Estate Tech Tank. If you liked BarCamp, you'll love this! | MORE INFO
|
Building Efficiency & Energy Summit
|
Supra mailed the annual DisplayKEY billing. The fee is the same as last year, $141.47 (plus tax), and is due July 17, 2010. If you have any questions, please contact MAAR Member Services at 
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.
© 2010 Minneapolis
Area Association of REALTORS®.
All rights reserved.