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April Advocacy Report

Here is your advocacy update for the month of March! The Saint Paul Area Association of Realtors® Advocacy Report goes out each month and is your one-stop-shop for everything related to Government Affairs throughout SPAAR’s jurisdiction.
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Year off to promising start with gains in listings and sales

According to new data from the Saint Paul Area Association of REALTORS® and Minneapolis Area REALTORS®, which provide a joint housing report to local media each month, both buyer and seller activity rose in January. Sales rose from low levels as mortgage rates softened making sellers more confident about listing their homes.
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2024 Fair Housing Coloring Contest

Rules, Prizes, and Additional Information
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News

Habitat for Humanity’s Spring 2024 Home Celebration is open to SPAAR members

SPAAR’s Housing Affordability Task Force donated $10,000 to Habitat for Humanity in 2023. These funds went directly toward helping a family in need to purchase a home in Roseville’s Community Land Trust.
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Members wanted for food packing competition on May 16

SPAAR members are invited to join in meal-packing competition at Meals from the Heart in Oak Park Heights on Thursday, May 16, to support local food shelves. SPAAR members will go to head-to-head with teams from area businesses, competing for bragging rights.
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REALTORS® Charitable Foundation partners with Spare Key to help families in need

REALTORS® Charitable Foundation has committed to match up to $25,000 for Spare Key’s “Help Me Bounce” platform, which harnesses the power of crowdfunding to connect thousands donors directly to help families.
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SPAAR In The Media

SPAAR in the News

Local news featured Amy Peterson, 2024 President of the Saint Paul Area Association of REALTORS®, sharing about the 2023 housing market.
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Homes for sale down in Twin Cities, up slightly statewide

Minneapolis Area Realtors and the St. Paul Area Association of Realtors also put out a report on the Twin Cities regional market. While new listings throughout the state were up, new listings in the Twin Cities declined 1.1% in October, although the report notes that this is the lowest decline since May 2022.
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Finance & Commerce article: Twin Cities home sales fall, home prices rise

Minneapolis and St. Paul Realtor groups said Monday that Twin Cities home prices rose in June, but sales activity — weighed down in part by rising interest rates and tight inventory — was slower compared to last year.
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Advocacy

Habitat for Humanity’s Spring 2024 Home Celebration is open to SPAAR members

SPAAR’s Housing Affordability Task Force donated $10,000 to Habitat for Humanity in 2023. These funds went directly toward helping a family in need to purchase a home in Roseville’s Community Land Trust.
Read More >

MSP Home Tour is this Saturday and Sunday

SPAAR was contacted to welcome its members to attend the MSP Home Tour on Saturday, April 27, and Sunday, April 28, from 11am to 5pm.
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photo of Minnesota Capital building from a distance

Advocacy Updates – April 2024

Advocacy Updates go out monthly via the SPAAR Advocacy Report. If you’re not receiving the advocacy report and would like to, email spaar@spaar.com. 
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Community

Members wanted for food packing competition on May 16

SPAAR members are invited to join in meal-packing competition at Meals from the Heart in Oak Park Heights on Thursday, May 16, to support local food shelves. SPAAR members will go to head-to-head with teams from area businesses, competing for bragging rights.
Read More >

REALTORS® Charitable Foundation partners with Spare Key to help families in need

REALTORS® Charitable Foundation has committed to match up to $25,000 for Spare Key’s “Help Me Bounce” platform, which harnesses the power of crowdfunding to connect thousands donors directly to help families.
Read More >

REALTORS® Charitable Foundation represented at Spare Key’s Groove Gala

As Realtors® support communities through their work and service every day, REALTORS® Charitable Foundation is seeking members’ support to help provide some relief and support to these families, including helping them to stay in their homes during the immediate crisis they’re facing. Together, Realtors® can do so much!
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Housing Market Press Releases

Year off to promising start with gains in listings and sales

According to new data from the Saint Paul Area Association of REALTORS® and Minneapolis Area REALTORS®, which provide a joint housing report to local media each month, both buyer and seller activity rose in January. Sales rose from low levels as mortgage rates softened making sellers more confident about listing their homes.
Read More >

SPAAR in the News

Local news featured Amy Peterson, 2024 President of the Saint Paul Area Association of REALTORS®, sharing about the 2023 housing market.
Read More >

SPAAR takes part in sharing annual 2023 Twin Cities Housing Market report

In 2023, higher interest rates continued to weigh on market activity, yet prices are still up. 23-year high mortgage rates and rising prices increased monthly housing costs and slowed buyer activity.
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FastStats

Up-To-Date, Reliable Housing Market Information

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