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SPAAR supports Mayor Carter’s proposed budget with emphasis on “All-In Housing”

The Saint Paul Area Association of Realtors® supports Mayor Carter’s proposed budget with an emphasis on “All-In Housing,” especially efforts to increase housing availability through Mayor Carter’s recommendation to amend the Saint Paul’s Rent Stabilization Ordinance to exempt properties built after December 31, 2004.
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November 2024 housing market overview: Sizable gains in listings and sales despite rate environment

(Nov. 14, 2024) – According to new data from the Minnesota state and Twin Cities metro REALTOR® Associations, which jointly provide a housing market overview each month, listings, sales, prices and inventory all rose in October.
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REALTORS® Charitable Foundation gives back to SPAAR members and community partners

It’s been another busy year for the REALTORS® Charitable Foundation. The Foundation named Spare Key its 2024 grant recipient and, in April, Foundation members attended its annual Groove Gala. There, Foundation members had the opportunity to educate attendees about REALTORS® Charitable Foundation and its efforts to support Spare Key, which helps families in medical crisis with financial assistance through its Help Me Bounce platform.
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News

The St. Paul Winter Carnival has been a 30-year family affair for SPAAR member Danielle Bickham Pelton

For Danielle Bickham Pelton and her family, the St. Paul Winter Carnival is more than a celebration. It’s a cherished, multi-generational tradition that began in 1994 when Danielle’s father first joined the Vulcans as the Prince of Soot, igniting the family’s spirit and excitement for the Winter Carnival.
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Walk in the St. Paul Winter Carnival Parade with SPAAR on January 25

Exciting news! SPAAR will serve as presenting sponsor for the King Boreas Grande Day Parade on Saturday, January 25, 2025, and welcomes members to serve on a SPAAR subcommittee for the event, march in the parade, or both.
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The domino effect of prices, rates and inventory: October 2024 Housing Market

Better & Better podcast explores today’s housing market through experiences and stats.
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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

SPAAR announces fifth year of the Key Communities Grant Program

SPAAR announces fifth year of the Key Communities Grant Program.
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SPAAR supports Mayor Carter’s proposed budget with emphasis on “All-In Housing”

The Saint Paul Area Association of Realtors® supports Mayor Carter’s proposed budget with an emphasis on “All-In Housing,” especially efforts to increase housing availability through Mayor Carter’s recommendation to amend the Saint Paul’s Rent Stabilization Ordinance to exempt properties built after December 31, 2004.
Read More >

November 2024 Advocacy Report

Here is your advocacy update for the month of November! 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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Community

SPAAR members installed on Women’s Council of REALTORS®-Twin Cities Metro

SPAAR member Nicko Spehn was installed as 2025 president of the Women’s Council of REALTORS®-Twin Cities Metro in a ceremony on November 21. In addition, SPAAR member Susan Mall was installed on its Board of Directors.
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REALTORS® Charitable Foundation gives back to SPAAR members and community partners

It’s been another busy year for the REALTORS® Charitable Foundation. The Foundation named Spare Key its 2024 grant recipient and, in April, Foundation members attended its annual Groove Gala. There, Foundation members had the opportunity to educate attendees about REALTORS® Charitable Foundation and its efforts to support Spare Key, which helps families in medical crisis with financial assistance through its Help Me Bounce platform.
Read More >

Nicko Spehn is SPAAR Hero

Congratulations, Nicko, on being named a SPAAR Hero!
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Housing Market Press Releases

November 2024 housing market overview: Sizable gains in listings and sales despite rate environment

(Nov. 14, 2024) – According to new data from the Minnesota state and Twin Cities metro REALTOR® Associations, which jointly provide a housing market overview each month, listings, sales, prices and inventory all rose in October.
Read More >

Affordability inches up alongside inventory while sales stabilize

“Buyers are pleased to have better affordability and more options to choose from,” said Amy Peterson, President of the Saint Paul Area Association of REALTORS®. “For the most part, sellers still hold the reigns in this market even with the additional inventory we’ve seen.”
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Buyer and seller activity down from last August, but lower rates on the way

$2,820. That’s what a homeowner would save per year if they purchased or refinanced the median-priced home in August compared to if they purchased it when rates were at their peak in late 2023.
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FastStats

Up-To-Date, Reliable Housing Market Information

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