SPAAR In The News
SPAAR and its members are featured in multiple articles throughout the year. All articles were originally published by local media outlets, who are attributed.
Realtors: July’s year-over-year home sales dropped 25 percent in St. Paul, but values still ride high
It wasn’t that long ago that Justin DuChemin could all but guarantee a rush of offers well above asking prices to home sellers looking to list properties, even old homes that could use a little TLC.
Twin Cities’ housing affordability reaches worst level in 18 years
But with interest rates on the rise, housing affordability is at its worst level since at least 2004, according to a monthly report from Minneapolis Area Realtors/Saint Paul Area Realtors Association.
Two months into the year, sellers remain in control of Twin Cities housing market
A shortage of listings in February caused a decline in sales but an increase in prices.
St. Paul’s rent control vote caused lag in housing sales prices, study says
Economists estimate that if voters had not passed an ordinance, residential property values would be 6-7% higher.
Why home prices in the Twin Cities keep going up
The rise in housing prices is nothing new, though prices weren’t rising quite this steeply until the pandemic hit.