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June 29, 2020

New Agent Academy starts July 6

If you’re a new REALTOR® within the last two years, jump start your career by enrolling in the New Agent Academy.

The new series starts Monday, July 6!

Registration includes all 8 sessions, a workbook you'll never leave home without and a celebratory happy hour upon completion. (Brokers are not allowed to register)

Cost: $150 for Members/$200 for Non-members

Session 1: Goal Setting
Session 2: Marketing and Networking
Session 3: Working with Home Buyers
Session 4: The Selling Process
Session 5: Understanding Contracts
Session 6: Financing
Session 7: Title and Appraisal
Session 8: Home Inspection

MAR office closed Friday, July 3

We will be closed this Friday, July 3 in observance of the Fourth of July holiday. As a reminder, MAR's regular office hours are as follows: 
Hello stats fans and data lovers. MAR prides itself on being the trusted voice for local real estate. For over a decade, we've been providing timely, in-depth and industry-leading market analysis for industry professionals in the Twin Cities. Our members consistently tell us it's one of the most valuable benefits. Over the last three months, we've upped our game even more. In response to COVID-19 and to monitor its impact on the market, we added a new weekly blog and weekly webinar to our existing suite of offerings. Moving forward, we'll be holding the webinars on a monthly basis. We will continue to offer the latest weekly charts above and beyond the regular weekly report. And don't worry, we're still just as excited as you are about market stats!

Housing Market Webinar Moving to Monthly

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, July 23, 2020 (9:00 AM to 10:00 AM). Register here.

Watch the latest webinar here.

Minnesota allows same day registration, see this fact sheet for more information. Not sure if you are registered to vote? Check here. If your information is not correct, you can update your registration here. Minnesotans can request an absentee ballot online to vote by mail. A driver’s license number and last four SSN is required to request an absentee ballot.

Voting for communities with primaries will be held on Tuesday, August 11. Voting for communities without primaries for the general election, with all filed candidates appearing on the ballot, is on Tuesday, November 3. The City of Minneapolis holds ‘odd year elections’, with an exception this year for a special election to fill a vacancy in Ward 6.

For more on what's happening at the federal, state, and local levels, click here.


NAR's Annual Convention going virtual

As with so many events this year, NAR has announced their 2020 REALTORS® Conference & Expo will be held virtually November 13-16. Stay up to date with the latest information here.

Save the date - July 29!

MAR's YPN and Diversity Committees are teaming up to bring you more on the Mapping Prejudice Project. Mark your calendar for Wednesday, July 29 and stay tuned for more information!

Meet your Foundation Trustee: Dave Philp

The MAR Foundation’s activities are governed by a 10-member Board of Trustees – a dedicated group of volunteers who care deeply about ensuring everyone has a place to call home. One of those volunteers is Dave Philp.

Dave wants members to know, "this is their Foundation. With their support and by working together, we are making a difference in people’s lives."

Learn more about Dave here.


REALTORS® Rebuilding Community

In the aftermath of the killing of George Floyd, Minneapolis Area REALTORS® is sharing opportunities to learn more about racial injustice in our communities, engage in actions toward meaningful change, donate goods and funds to assist in the recovery, and volunteer in rebuilding efforts. Visit our REALTORS® Rebuilding Community resource page for the latest information.

Market Reports

Housing stats in May rose 4.3% to an annual rate of 974,000, its first increase since January and up from a five-year low of 934,000 in April. The increase was less than expected by economists but builder permits were up 14.4% for the month to 1.22 million annually, signaling higher housing starts are likely in the near future. Read the full report.

See our website for all market stats. 
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