The MAR office will be closed on Monday, May 27
Heart of the Community Awards nominations now open Minneapolis Area REALTORS®, May 10 - July 1, 2019
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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 […]

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 […]

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 […]