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July 27, 2020

Are homeowners really ‘fleeing’ Minneapolis?

Since the killing of George Floyd on May 25, the ensuing unrest and calls for police reform, there have been several misleading claims and opinions on various social media platforms asserting that Minneapolis residents are fleeing the city. To assess the veracity of these claims, MAR's Director of Research and Economics, David Arbit, took a comprehensive look at the Minneapolis housing market since Floyd’s death. He has analyzed the data from NorthstarMLS and compared major housing indicators in Minneapolis and other surrounding communities. David's expertise separates facts from unfounded claims about the market.

Click here to read the result of that analysis. And, watch our website for a link to join a webinar on August 6 discussing the white paper. It will also feature MAR's Director of Government Affairs, Eric Myers, who will provide an update on the reform efforts and answer your questions. 
 
Here is a look at the most recent Twin Cities Weekly Housing Market Charts!

The Skinny - June 2020

Even as hopes of a phased June reopening all but faded, real estate activity continued to strengthen.

Watch the video.
"Informative and current, it's a one stop shop for what is happening in the market. David's analysis of the data informs my conversations with clients and business decisions. He makes us all smarter!"
- Webinar Attendee

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, August 20 at 9:00 AM. A link to register will be available on our website.

Watch July's webinar here.
 
Senate Republicans offered their version of coronavirus relief package today, Governor Walz plans to announce the fate of public schools this fall on Thursday, and more updates are available here.
 

MAR Foundation presents Annual Grants

MAR Foundation Trustees recently presented checks to The Bridge for Youth, Minnesota Assistance Council for Veterans, Tubman and Cornerstone. These organizations are four of 11 recipients of funds from the MAR Foundation’s annual grant program. 
 

 2.5 CE hours of Code of Ethics (COE) training

Between January 1, 2019 and December 31, 2021 every REALTOR® is required to complete 2.5 CE hours of Code of Ethics (COE) training to continue membership with the association. Members that do not complete this requirement by the deadline will not be eligible to maintain their membership. A $100 reactivation fee will be applied to lapsed memberships.

To determine your compliance, login to the MAR Portal.
 

Upcoming CE Webinars with MAR

Upcoming FREE Webinar

7/29: VAREP Lunch & Learn
Brought to you by the Veterans Association of Real Estate Professionals.
 

Member Discounts

Did you know? As a MAR member, you can get special discounts from our Affiliates. Check them out!
 

Market Reports

The latest figures released by the Department of Commerce show total housing starts in June rose 17.3% to a seasonally adjusted annual rate of 1.19 million units, with single-family units leading the way with a 17.2% increase to a seasonally adjusted rate of 831,000 per year. Read the full report.

See our website for all market stats. 
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