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August 27, 2019 | Tags: Government Affairs MAR Responds to Minneapolis City Council with Updated Comment Letter and Talking Points The Minneapolis City Council has been considering changes to Tenant Screening and Security Deposit ordinances. A first draft had been previously circulated. The new draft was made public on Thursday, August 8, 2019. View Updated Comment Letter and Talking Points Minneapolis Area REALTORS® submitted public comments to all (13) Minneapolis City Council Members and the… Read More
August 26, 2019 | Tags: Market DataMarket ResearchWeekly Market Activity Reports Weekly Market Activity Report For Week Ending August 17, 2019 For Week Ending August 17, 2019 As families across the U.S. enjoy the last few weeks of summer before the start of the school year, it seems that the real estate market is seeing an infusion of new energy that is partially offsetting the expected seasonal slowdown. Further decreases in housing inventory and month's supply… Read More
August 19, 2019 | Tags: Market DataMarket ResearchWeekly Market Activity Reports Weekly Market Activity Report For Week Ending August 10, 2019 For Week Ending August 10, 2019 As July data roll in, more economists wonder whether we are seeing the signs of an economic slowdown. Yet that would not necessarily imply a slowdown in the housing market. While July's existing home sales fell below analyst expectations, consumer confidence in housing reached new highs as mortgage rates… Read More
August 19, 2019 | Tags: Market DataPress Releases Inventory and Interest Rates Likely Driving Sales Growth The current economic expansion recently became the longest on record, but it’s showing its age. Concerns around slowing growth have spiked amidst new economic data and gyrations in equity markets, but it’s also created opportunities for home buyers. The upside is that mortgage rates have fallen yet again as investors flock to the safety of… Read More
August 15, 2019 | Tags: Government Affairs Minneapolis Releases Updated Second Draft Rental Screening and Security Deposit Ordinance The Minneapolis City Council has been considering changes to Tenant Screening and Security Deposit ordinances. A first draft had been previously circulated. The new draft was made public on Thursday, August 8, 2019. Here is an Executive Summary comparing draft I to draft II. REALTOR® members are encouraged to review the document and understand the… Read More