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September 18, 2019 | Tags: Market DataMarket ResearchPress Releases Things still feeling pretty stable out there, thanks for asking With two-thirds of the year in the books, we’re getting a clearer picture of where the housing market stands. The latest numbers for Twin Cities residential real estate show stability along with signs of deceleration. The median sales price continued to rise, landing at $286,800 for the month. Pending sales—a measure of signed contracts and… Read More
September 17, 2019 | Tags: Announcements MAR Board of Directors Election: The results are in! We are pleased to announce the results of the Board of Directors Election. We’re grateful to all candidates for stepping forward to give back to the Realtor community through our association service. And, thank you to the REALTOR® members who voted. Congratulations to the three candidates who were elected to serve a three-year term (2020-2021-2022).… Read More
September 17, 2019 | Tags: Renter’s Protection Ordinance Passes City Council On Friday, September 13, 2019, the Minneapolis City Council passed the Renter’s Protection Ordinance. The ordinance was closely monitored by Minneapolis Area REALTORS® and its Government Affairs Committee and staff. REALTORS® submitted official comments to multiple drafts of the ordinance and was in regular communication with Minneapolis City Councilmembers, Mayor’s office, staff, and other stakeholders.… Read More
September 16, 2019 | Tags: Market DataMarket ResearchWeekly Market Activity Reports Weekly Market Activity Report For Week Ending September 7, 2019 For Week Ending September 7, 2019 The White House has released a plan to broadly overhaul the housing finance system, including the re-privatization of Fannie Mae and Freddie Mac and reforms to federal agencies involved with financing substantial portions of the mortgages made every year. These changes will affect the cost and availability of loans… Read More