The Skinny Blog


 

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

New listings increased this July compared to last year, which could hint at a flurry of sellers looking to take advantage of this strong market. July marked the second increase in seller activity since November 2017. Meanwhile, buyer activity flattened out after seven months of year-over-year declines. This trend of rising seller activity and moderating
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Filed Under: Blog

Minneapolis Area REALTORS® is pleased to share our official public comment letter regarding the Draft Minneapolis 2040 Comprehensive Plan. “I am particularly proud of our committee’s foresight and our organization’s due diligence with respect to our process in arriving at our prepared response,” said Eric Myers, Director of Government Affairs, Minneapolis Areas Association of REALTORS®. “A
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Filed Under: Blog