The Skinny Blog


 

As sentiments regarding the direction of housing markets have changed, it’s worth remembering two key facts. First, all housing is local—what’s happening in San Francisco, Seattle and Denver is not reflective of the Minneapolis-St. Paul market. Second, the housing market faces fewer risks than in the mid-2000s. After years of strong buyer activity and weak
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Filed Under: Blog

The Minneapolis City Council approved a provision designed to preserve affordable rental housing. Provisions amending title 12 chapter 244 of the Minneapolis Code of Ordinances referred to as Advance Notice of Sale requires the owners of certain multifamily properties to give the city a 60-day notice prior to making an ‘Affordable Housing Building’ available for
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Filed Under: Community ,News Release ,Politics

After years of strong buyer activity and weak seller activity, the market tides seem to finally be shifting back toward balance. Strong demand and weak supply have created an environment that favors sellers. But if anything can be called a constant in the market—it’s change. Four of the last five months showed increases in new
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Filed Under: Blog

More sellers are feeling optimistic about listing their homes just as humidity, cabin weekends and food-on-a-stick give way to rakes, school buses and sweater vests. Compared to last August, Twin Cities sellers listed 7.6 percent more homes on the market. That was the largest increase since late-2015. Although buyers signed 2.9 percent fewer contracts than
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Filed Under: Blog

It’s official. Yesterday, Southeast Minnesota REALTORS (SEMR) signed papers to merge its MLS operations with NorthstarMLS, and our president, Kath Hammerseng was there with pen in hand. All SEMR members—approximately 1,000—will use NorthstarMLS as their primary MLS. The conversion of all SEMR members and their listings from their current MLS to NorthstarMLS is targeted to
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Filed Under: Blog

                        Here at MAAR, we’re always coming up with new ways to convey information to our members, the media and the public. In our research department, we’ve been working on creating a series of maps that help us visualize and better understand our regional
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Filed Under: Blog ,Insight ,Maps! ,Market Research ,Research ,Stats