The MAR office will be closed on Monday, January 20 in observance of Martin Luther King Jr. Day
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January 14, 2020 | Tags: Announcements Sneak peek at the Foundation's 2020 plan [caption id="attachment_17428" align="alignleft" width="250"] 2020 Trustees Chair Cari Linn[/caption] With 2020 now underway, I wanted to share what the Minneapolis Area REALTORS Foundation’s Board of Trustees has in store for the year. We have been meeting for several weeks now, mapping out a plan to build on our successful record of supporting local organizations’ efforts… Read More
January 14, 2020 | Tags: Market DataMarket ResearchWeekly Market Activity Reports Weekly Market Activity Report For Week Ending January 4, 2020 With the start of the New Year, the real estate market turns more active across most of the country. Sellers connect with agents, resulting in a pop of new listings, followed by renewed interest by buyers, which leads to an increase in pending sales. This pattern is seen every year and 2020 should be no… Read More
January 8, 2020 | Tags: Announcements New Members Report - December 2019 December 2019 Membership Report In December MAR added a total of 74 new members including affiliates, non‐member licensees and reinstating members. The total December MAR membership was 9,122 including affiliate and non‐member licensees, reflecting a net increase of 2.0% in membership compared to December 2018. The total December MLS membership was 9,973 which includes unlicensed… Read More
January 7, 2020 | Tags: Market DataMarket ResearchWeekly Market Activity Reports Weekly Market Activity Report For Week Ending December 28, 2019 Data from the Census Bureau's Survey of Construction (SOC) and the NationalAssociation of Home Builders shows that 62.5 percent of all new construction homes started in 2018 were built as part of a community or homeowner's association, up from 47.6% in 2009. These associations are typically created when the developments are built to maintain common… Read More
December 31, 2019 | Tags: Weekly Market Activity Report For Week Ending December 21, 2019 As we close out the last weeks of the year, both buyers and sellers turn their focus from the transacting of homes to preparations for celebrating the holidays with their family and friends. Renewed interest by both buyers and sellers will come in the New Year and with it, the expectations for a strong housing… Read More