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Market Impact of CV-19 | 2020-06-08

Hello! Thanks for joining us for another weekly market update, where we use MLS data to track the impact of COVID on the residential housing market. Today we begin with a piece of encouraging data that arrived last week. The Bureau of Labor Statistics released unemployment rates for large metropolitan areas. Believe it or not, […]

Spring Market Draws Out…

Spring Market Draws out Eager Buyers; Sellers Still on Hold With the spring market officially underway, both buyer and seller activity rose in March 2016 compared to last March. Buyers signed 5,861 new purchase agreements, pushing pending sales up a respectable 12.6 percent. Would-be sellers were still concerned about their ability to secure their next […]

Home Prices Reach Record High; Sales Down but Inventory Up

2018 Annual Wrap-Up Beauty is in the eye of the beholder. Sometimes, so are market statistics. For sellers, the big stories of 2018 were three records: prices, market times and percent of list price received at sale. For buyers, the major themes were increased new listings toward year-end, an annual inventory increase, changing interest rates […]

Summit 2023 Speakers & Sessions

Today Matters – 12 Daily Practices to Step Up Tomorrow’s Success 9:05 a.m. Ifoma Pierre Ifoma Pierre is a licensed real estate associate broker who has built a successful career in New York real estate and gained recognition as an influential business coach and leadership trainer. He is the creator of the G.E.M Coaching Program […]

Summit 2022 Speakers & Sessions

Raising the Bar: Raising the Disclosure Bar in Today’s Real Estate Industry 9:00am – 10:30am (1.5 CE) Terry Watson: Terry Watson is an internationally acclaimed Consumer Behavior Expert who helps businesses and organizations discover how to design a Customer Experience that creates raving fans and obscene profits! Terry has been one of the most popular […]

Is the Lack of Housing Inventory…

  Is the Lack of Housing Inventory Taking the Spring Out of Your Market? It’s no secret that we’re experiencing an inventory shortage. Consumers and real estate professionals are feeling the frustration of a low housing supply after submitting multiple offers without success. This trend is not unique to the Minneapolis and St. Paul area, […]

February News Release

Buyer and Seller Activity Increase as Spring Market and Warm Weather Arrive February Pending sales rose 6.7 percent while new listings increased 3.0 percent. The all-too-familiar supply crunch continued as inventory levels fell 19.4 percent to 10,953 active properties. Prices continued their steady climb back towards 2006 levels. The median sales price gained a sustainable […]