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February 16, 2021
Today's Real Estate Weekly Newsletter
Join our YPN Committee on Thursday, February 18 at 9 AM for the virtual Q&A Forum, New Construction Buyers in 2021! Featured panelists  include New Construction Consultants, Allison Schmitt, Loomis Homes and Mary Dale, Lennar, along with Bob Wilkerson, Sales Manager, Refined Lending. Sign up today!
  • How to come off as an expert when representing buyers on new construction in today's market.
  • What to look for and what to avoid when working with new construction buyers.
  • Insight from local and national builders on development trends and inventory.
  • Understanding the different financing options for new construction.
Take a look at the latest Twin Cities Weekly Housing Market Charts
Join MAR's Director of Research and Economics, David Arbit, for a free monthly presentation and discussion on the Twin Cities real estate market Thursday, February 18 from 2-3 PM. Register here

"Presenter clearly loves his material and its benefits to our business. This is definitely infectious." - Webinar Attendee
As we celebrate Black History Month, MAR's Diversity, Equity and Inclusion Committee is partnering with Mapping Prejudice to bring this course to members of MAR!

Mapping Prejudice is a team of geographers, historians, digital humanists, and activists working to illustrate the history of racial discrimination in Hennepin County. They are mapping racially restrictive covenants to show that large swaths of our residential communities were protected for white households, contributing to our current racial wealth gap. We encourage you to learn more here and join us on February 17.

MAR Members can receive a discount by using the promo code: WhoWeR-MAR (case-sensitive).

This course has been approved by the Minnesota Commissioner of Commerce for 2 hours of real estate continuing education. It is open to all.

Minneapolis — Rent Control Ordinances To Be Heard On February 24

Minneapolis City Council members Cam Gordon, Jeremiah Ellison, and Lisa Bender have introduced two ordinances regarding rent stabilization, commonly referred to as rent control. These ordinances pertain to adding the City's authority to exercise power to control rents on private residential property in the City. A public hearing will be held on February 24, offering Minneapolis residents the opportunity to speak either for or against the measure.

Minneapolis Area REALTORS® Rent Control Talking Points

Rent Stabilization Charter Amendment: Article I Ordinance

Rent Stabilization Charter Amendment: Article IV Ordinance

A Minneapolis City Council Study Session has been scheduled for Feb. 23, at 1:30 PM. The topic is rent stabilization research. This will be an online meeting. The agenda, when published, will be available in the Legislative Information Management System (LIMS). See the full upcoming City Council calendar and watch meetings online.

Do you know someone looking to become a Realtor®? We have everything needed to complete the course, take the state exam, and get a license. Click here for more information.

Now through February 23, receive 25% off with discount code MPLS25 at checkout!

Market Reports

Popular home services marketplace HomeAdvisor released their State of Home Spending Report, which details trends in homeowner improvement projects. Among survey participants, the total spending on home projects rose from an average of $9,078 in 2019, to an average of $13,138 in 2020. Read more.