SPAAR News
Be up on the latest SPAAR news, which will keep you in the know with the latest Association and real estate information.
SPAAR works to create better agents and better communities.
SPAAR reports on the latest in market data, industry news and community outreach.
For media inquiries contact Jennifer Kovacich, Communications Director at Office: (651) 287-3922 or Direct: (612) 801-0498.
Introducing SPAAR’s 2022 Board of Directors. First up: Jennifer Livingston
Beginning today, and throughout the remainder of 2022, SPAAR will be introducing its Board of Directors through a series of fun Q&A style questions asked of each director.
Buyers grapple with affordability challenges amidst rising rates and home prices
Twin Cities home prices rose as sellers continued receiving strong offers despite slightly longer market times. Meanwhile, buyers signed 18.4 percent fewer purchase agreements than last year. While these signal a rebalancing marketplace, the persistent shortage of homes in the region should keep prices resilient.
NAR provides buyer class action litigation update
Katie Johnson, General Counsel and Chief Member Experience Officer, of the National Associations of REALTORS® (NAR) shared a recent development in the buyer class action litigation along with some background information.
C2EX Sets Higher Standard Within Real Estate Industry
SPAAR incentive offered now through November 1
The City of Shoreview Launches First-Time Homebuyer Programs
The City of Shoreview launched both Due on Sale and Amortizing Down Payment Assistance Programs for first time homebuyers.Twin Cities housing supply up for the first time in two years
According to new data from Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, the Twin Cities metro area ended the month of May with 6,797 homes, 5.3 percent more homes than last May. This is the first year-over-year inventory increase since March of 2020.