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Halloween Market Update

Hello SMARTYs and data NERDS (Not CRYBABYs and AIRHEADS) – We wanted to provide a sweet market update before Halloween. Although we don’t compile our official forecast until we have annual data, we do have a pretty good sense of where things stand. Despite some growth recently, inventory remai

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Energy Efficiency Will be Added to Minneapolis TISH in 2020

In February 2019, the Minneapolis City Council voted 13-0 to enact ordinance language that would amend the current Truth-In-Sale of Housing program beginning in January 2020. REALTORS® were involved in the development of this public policy from the beginning. Councilmembers Cam Gordon and Jeremey S

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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 p

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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 recipien

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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 lan

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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 organizat

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Long-awaited inventory gains finally arrive

For the first time since April 2015, there were more homes listed for sale in the Twin Cities metro than the same month the year prior. After years of strong buyer activity and weak seller activity, the tides seem to finally be shifting. Seller activity has been accelerating since the middle of this

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Plymouth Council Votes Down Short-Term Rental Restrictions

On Tuesday, December 18 the Plymouth City Council met and considered adding “occurrence restrictions” on short-term rentals within the city limits. The proposed ordinance would have allowed only one occurrence of a short-term rental in a 30-day consecutive period, effectively limiting the freque

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Position Announcement: MAR Seeks a Chief Executive Officer

Position Announcement The Minneapolis Area Association of REALTORS® (MAR), is currently conducting a search for an exceptional executive to lead the Association in the capacity of Chief Executive Officer (CEO). The Association is seeking an intuitive and visionary leader with a mindset for new poss

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