Twin Cities Real Estate Blog

MAAR has released their new market stats for the month of May and I’m trying a new idea: I’ve added commentary to the report expressing what I believe are the important “take aways” from the data.  I would love to get feedback both on the concept and your thoughts of my opinion.
Minneapolis/St. Paul Real Estate [...]

The RMLS of Minnesota, which is the governing body of the MLS in the Twin Cities and is owned by the 4 local REALTOR associations, has made some policy changes in regards to the reporting of foreclosures on the MLS, effective on Thursday:

The “In Foreclosure/Lender Owned?” field:

Initially will be an agent-only field (not available on [...]

Jeff Allen @ the Minneapolis Area Association of REALTORS, my good pal after the months of working on the Lender Mediated Sales Report together, has started what looks to become a once-a-month summary video of the highlights from the MAAR reports.  Granted the info discussed is all the positive stuff, but hey, that’s what a good marketing campaign is [...]

Historically December has been about the best month possible for buyers to negotiate with sellers simply because in the month of December there are so many listings on the market and so few buyers!  Likely due to the holidays, this seasonal drop in demand is significant enough that our “Percent of Original List Price Received [...]