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January 11, 2021
Welcome 117 new members!
In December, 117 new members joined our association. Click here to see the list of REALTORS® who signed on last month.
The annual Installation of our new President, Todd Walker, Officers and Directors will be held virtually on Thursday, January 21 from 4 PM to 5 PM. Also not to be missed - the REALTOR® of the Year, Rising Star, Good Neighbor and Affiliate of the Year award winners will be revealed! We hope you’ll be able to join us to celebrate the contributions of our REALTOR® colleagues. Save your virtual spot!
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, January 21 from 2-3 PM. Register here

"David is very knowledgeable and I most appreciated his context to the graphs and data, which very was helpful."
- Webinar Attendee

Hopkins Repeals Truth-In-Sale Program

Hopkins City Council voted to repeal Chapter 20, Article II, Truth-In-Sale of Housing (TISH), on January 5, removing it from the city code. The City noted the program had been a significant cost center for the city, fees were not covering program costs, and felt it was uncomprehensive by comparison to buyers inspections. “We are pleased the City has decided to discontinue TISH. We believe consumers will still be well protected with the more comprehensive buyers inspections that are common in most transactions,” said Eric Myers, MAR Director of Government Affairs. The TISH program will be discontinued on January 14, however the City will not be requiring it prior to that date. City officials expressed hope that this change will help streamline transactions. See MAR's letter supporting TISH repeal.

We now offer Pre-Licensing courses! Do you know someone interested in starting a real estate career? We have everything needed to complete the course, take the state exam, and get a license. Now through January 15, save 30% with discount code MPLS30Click here to learn more.
His parents weren't homeowners, so this Minnesotan has dedicated his life to Black homeownership
Throughout his 25-year lending career, Trent Bowman has specialized in first-time home buyers and programs. "It's about leaving a legacy." 

On the Street: January 8
The Greater Alexandria Area Association of REALTORS® was one of 13 associations that participated in a statewide fundraiser.

Market Reports

With interest rates remaining near record lows, the stock market near record highs, and inventory of homes available still constrained in most segments of the market, the year is setting up to be another filled with strong demand and limited supply. Read more.