Updates

  • A cross the NorthstarMLS coverage area , showing activity was down 2 . 8 % compared to the same week in 202 4 . Only four out of nine price ranges had more showings compared to last year . Every segment had less showing activity except for $1M+, where showings ...

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    A cross the NorthstarMLS coverage area , showing activity was down 2 . 8 % compared to the same week in 202 4 . Only four out of nine price ranges had more showings compared to last year . Every segment under $ 40 0K saw less showing activity . The ...

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    Buyer and seller activity higher than 2023 despite affordability headwinds Buyers overc a me t riple punch of higher rates, rising prices and tight inventory for slight gain on the year Minneapolis –Saint Paul , Minnesota ( January 2 ...

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    A cross the NorthstarMLS coverage area , showing activity was down 1.0 % compared to the same week in 202 4 . That said , seven out of nine price ranges actually had more showings compared to last year . Every segment under $ 25 0K saw less showing ...

  • We’re excited to share a significant legal win for Realtors ® and real estate professionals, achieved with the support of the National Association of Realtors® Legal Action Program . On January 15 , t he Eighth Circuit Court of Appeals upheld key district court decisions in ...

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    A cross the NorthstarMLS coverage area , showing activity was as flat as it gets without being zero, down just 0 . 1 % compared to the same week in 202 4 . That said , a full six out of nine price ranges had more showings compared to last year . Every ...

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    A cross the NorthstarMLS coverage area , showing activity was up 5 . 3 % compared to the same week last year . Most price points saw gains. Six out of nine price ranges had more showings this period than last . Partly due to lack of inventory and other factors, s howings ...

  • We want to inform you about a critical legal development related to the Beneficial Ownership Information (BOI) Reporting requirement that had previously applied to many small business entities, including real estate brokerages. On December 26, 2024 , the U.S. Court of Appeals for the Fifth Circuit ...

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    A cross the NorthstarMLS coverage area , showing activity was down 7.0% compared to the same week in 2023 . That said , five out of nine price ranges did see more showings compared to last year . Every segment under $ 4 00K —where inventory is thin and options ...

  • In today’s fast-paced real estate landscape, clients are looking for more than just any agent —they want someone they can trust to confidently navigate complex markets and transactions . While h omebuyers and sellers have access to more information than ever, they still rely on ...

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    Sellers slower, buyers busier, inventory increasing S igned purchase agreements statewide were up 8 . 5 % , and new listings were down 0 . 9 % The statewide median sales price increase d 4.4 % to $3 4 0 , 0 0 0 M arket times across the state ...

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    Overall showings were relatively flat compared to last year—up just 1.2 % across the NorthstarMLS coverage area. However, f our out of nine price ranges saw more showings compared to the same week in 2023 . Every segment under $300K saw less showing activity (inventory is ...

  • Blog Entry

    Minnesota Realtors® (MNR) is excited to welcome Cindy McFarland as our new Director of Human Resources (HR) . Cindy’s hiring enhances our H R department , allowing MNR t o best support our growing and dedicated professional association staff. ...

  • Clear Waters. Strong Hearts.

    Blog Entry

    During a time of historic disruption in the real estate industry, Minnesota’s Realtors ® are ready to embrace change and build a better future . This summer, Ryan Torpey , MNR Legal Counsel , and I traveled the s tate with a mission to inform ...

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    Overall showings rose 3 . 2 % across the NorthstarMLS coverage area. The data from the last couple weeks has been affected by the timing of Thanksgiving this year versus last . Six out of nine price ranges saw more showings compared to the same week ...

  • Minnes ota Realtors ® (MNR) is proud to be Certified™ by Great Place To Work® for the second consecutive year . The prestigious certification is awarded based on an evaluation of employee feedback, company policies, and cultural initiatives. This recognition acknowledges MNR ...

  • If you had to sum up your experience in the real estate industry this year in just one word, what would it be? During the recent Realtors® UNITE! convention in Duluth, Gabe Walsh, CEO of the St. Paul Area Association of Realtors®, posed this thought-provoking question at the Local Association ...

  • UPDATE: BOI Reporting No Longer Required for Business Entities Full statement from the Financial Crimes Enforcement Network (FinCEN): "In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject ...

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    Overall showings dipped 13 . 5 % across the NorthstarMLS coverage area. This dip can mostly be attributed to the timing difference of when Thanksgiving fell on the calendar last year versus this year. The holiday was later this year, meaning activity had recovered last ...

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    Teens enter the program to learn skills for construction trades. Along the way, they gain self-discipline, respect for others, and a passion for excellence . For too many kids growing up in Minneapolis, life beyond high school does not hold a lot of promise. After graduation, the ...