
Housing Market Press Releases – February 21
Sales up, price growth strong, market times fast, but new listings down and supply levels very low
What Is Allowed When Coming Soon?
When inventory is low, competition and stress levels among buyers get high. We’re hearing a lot of complaints about properties that sell in Coming Soon status before going Active. As long as there were no showings or open houses, a sight unseen offer does not violate the rules of Coming Soon status.
Advocacy Report – February 2021
Minnesota REALTORS® sends out a Call for Action and Minneapolis City Council is looking to implement a rent control measure.