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November 19, 2019 | Tags: Market DataPress Releases Listings, Sales, Prices: All Rise The Twin Cities real estate market started the fourth quarter of 2019 on a strong note with buyer and seller activity rising in October compared to 2018. Buoyed by historically low interest rates, the number of new listings and pending sales rose last month and the median price of a home also increased. New listings… Read More
November 18, 2019 | Tags: Market DataMarket ResearchWeekly Market Activity Reports Weekly Market Activity Report For Week Ending November 9, 2019 For Week Ending November 9, 2019 With the stock market reaching record highs, continued low unemployment, and low mortgage rates, many signs in the US economy remain strong. However, total household debt has been rising for twenty-one consecutive quarters and is now $1.3 trillion higher than the previous peak of $12.68 trillion in 2008. While… Read More
November 13, 2019 | Tags: Government Affairs New Energy Disclosure Report required by the City of Minneapolis What REALTORS® Should Know: New Energy Disclosure Report required by the City of Minneapolis Starting in January 15, 2020, the City of Minneapolis will include a new energy disclosure report in the Truth-in-Sale of Housing (TISH) program. The two-page ‘Asset-Based Energy Efficiency’ report will be part of the set of returned documents from the TISH… Read More
November 11, 2019 | Tags: Weekly Market Activity Reports Weekly Market Activity Report For Week Ending November 2, 2019 For Week Ending November 2, 2019 This week the Federal Reserve reduced its benchmark rate for the third time this year. This action was widely anticipated by the market and mortgage rates rose for the third consecutive week. Despite the recent rise, rates still remain approximately one percent lower than a year ago, which has… Read More