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October 5, 2019 | Tags: Announcements New Member Update - September 2019 Member Counts as of September 2019 MAR added a total of 100 new members including affiliates, non-member licensees and reinstating members. The total MAR membership was 9,264 including affiliate and non-member licensees, reflecting a net increase of 2.0% in membership compared to September 2018. The total MLS membership was 10,017 which includes unlicensed assistants, office staff, MLS Only,… Read More
September 30, 2019 | Tags: Weekly Market Activity Reports Weekly Market Activity Report For Week Ending September 21, 2019 For Week Ending September 21, 2019 This week the National Association of REALTORS® reported that nationally, August existing-home sales rose 2.6% from a year ago. Additionally, the Federal Reserve announced a rate cut for the second time in seven weeks, though this was widely expected and largely factored into mortgage rates already. A strong economy… Read More
September 23, 2019 | Tags: Government Affairs Minneapolis City Council Holds Study Session on 'Renters First Right of Refusal' The Minneapolis City Council held a Study Session today on the topic of “Renter First Right of Refusal” or “Renter’s Opportunity to Purchase Housing.” Council President Bender welcomed all attendees and Councilmembers Schroeder and Councilmember Steve Fletcher will be lead authors on ordinance development, when and if an ordinance takes shape. Guests included Danilo Pelletiere… Read More
September 23, 2019 | Tags: Market DataMarket ResearchWeekly Market Activity Reports Weekly Market Activity Report For Week Ending September 14, 2019 For Week Ending September 14, 2019 With kids back in school and the weather beginning to cool, the housing market begins its annual cooldown as well. With buyer and seller activity remaining strong, it will be at a little more relaxed pace than during the late spring and summer. While Halloween decorations may be adorning… Read More