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February 19, 2019 | Tags: Market DataMarket Research A mostly strong start to the year The latest numbers show that 2019 was off to a good start for TwinCities residential real estate. Sellers produced another increase in listing activity, while buyers entered into more contracts than last January even while closed sales fell. Market times continued to shrink as the median sold home price rose compared to last year. After… Read More
January 28, 2019 | Tags: 2019 Leadership Installation and Awards Celebration The Leadership Installation and Awards Celebration was held on Thursday, January 24 at the Minnesota History Center in St. Paul. We'd like to thank the members who attended to help us welcome our 2019 Board of Directors, Executive Committee members, and 2019 President Todd Urbanski. Award recipients were also recognized by Immediate Past-President Kath Hammerseng.… Read More
January 24, 2019 | Tags: Peek behind the curtain at MAR with Todd Urbanski Major Objectives for 2019 Hear from 2019 President Todd Urbanski on upcoming initiatives for this year. There are three major objectives that he and our leadership have in mind. CEO SEARCH We are in search of a new CEO to lead the association into the future. BUILDING COMMITTEE We're looking at our existing building functionality,… Read More
January 22, 2019 | Tags: 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… Read More
January 2, 2019 | Tags: Minneapolis: Proposal Adds Residential Energy Scoring Disclosures to TISH ISSUE ALERT! All Minneapolis Area REALTORS® members should be advised of the following proposal: The Minneapolis City Council has directed city staff to craft an ordinance that would add Residential Energy Scoring Disclosure requirements to the Truth-In-Sale of Housing. We anticipate that draft language will surface at the Public Health, Environment, Civil Rights and Engagement… Read More
December 21, 2018 | Tags: NEWS FROM NAR: Preparing for Possible Partial Shutdown of Federal Government Programs important to real estate will be affected in the event of a partial federal government shutdown at midnight tonight if lawmakers fail to pass short-term budget legislation.   NAR is in regular communication with congressional leaders and the White House and is working with other organizations to ensure lawmakers are aware of the importance of… Read More