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eNews | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In this Issue | April 18, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SPAAR Monthly Statistics Release Rebuilding Together Twin Cities Project Day is May 18 SPAAR REALTOR® Jill Brindamour Earns GRI Designation Reminder: Photos Required on MLS Listings Fair Housing Poster Contest: Vote for your Favorite MN License Law Enforcement: Advertising Construction to Start on I-35E Twin Cities Housing Market Statistics
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Modified Office Hours for SPAAR Remote Locations
SPAAR's Eagan and Coon Rapids offices will be opening 11:30 am on the following days, due to staff training.
SPAAR's Maplewood/St. Paul location will maintain regular office hours on these dates. |
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Monthly Press Release: Housing Inventory Low; Prices Still Climbing Released April 14, 2016. The Saint Paul Area Association of REALTORS® reported that Twin Cities residential real estate sales prices continue to build as the spring selling season takes off. In March the Median Sales Price increased 5.7 percent to $222,000. Housing inventory is turning quickly with Days on Market down 17.5 percent to 85 days. |
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Join SPAAR for Rebuilding Together Twin Cities Project Day SPAAR and SPAAR’s Community Engagement Committee have partnered with Rebuilding Together Twin Cities to help local homeowners, and have a project coming up on Wednesday, May 18, from 8:30 to 4:00, in Maplewood. We will be working on the home of a Vietnam Vet and his wife who are experiencing increased medical and mobility issues. Please join the SPAAR’s volunteer team and help to make a difference! Don't have home repair skills? Don't worry! Volunteers with all skill levels are welcome. We need up to 20 volunteers to make this day a success. |
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SPAAR REALTOR® Jill Brindamour Earns GRI Designation SPAAR REALTOR® Jill Brindamour was recently awarded the highly acclaimed national Graduate REALTOR® Institute (GRI) designation. In completing the required curriculum, Brindamour of RE/MAX Synergy in Forest Lake, joins other top REALTORS® in the residential real estate industry from across the nation who hold this designation. Additional information about the Institute and other educational opportunities for professional real estate agents may be obtained by contacting the Minnesota Association of REALTORS® at 800-862-6097. |
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Reminder: Photos Required on MLS Listings A property photo must be loaded into the computer for any listing of a previously owned, completed new construction or model property in the single family residential, multi-family residential, commercial/mixed use, or residential rental property type within two business days, excluding state or federal holidays, of the listings’ entry on the service regardless of the listing status. The photo has the following requirements:
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Fair Housing Poster Contest: Vote for your Favorite Entries in SPAAR’s 2016 Fair Housing Poster Contest will be on display at SPAAR beginning Monday, April 18. Please stop by to vote for your favorite! The theme for this year’s Poster Contest is “Together We Make A Neighborhood.” The contest is sponsored by SPAAR’s Diversity Committee. Winning entries will be recognized with prizes for artist-students and their schools! Watch for a 2017 calendar which will feature posters from the contest! |
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MN License Law Enforcement: Advertising Two years ago, the statutes regarding Agents and Teams was changed. The changes are in the 2014 Legislative Update: At that time the Minnesota Department of Commerce Enforcement Division agreed to give warnings when they found a violation on a web site, social media, billboards, bus benches and other expensive, difficult to change advertising mediums. On Friday afternoon, Minnesota REALTORSÒ were notified that due to the number of violations, they would begin fully enforcing the statute. Following are common Q&A’s regarding advertising requirements. Q: What information must a REALTOR? include in their advertisements?
Article 12 of the NAR Code of Ethics requires REALTORS?:
Q. Can I use my team’s name in advertising?
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Construction to start on the I-35E Corridor between I-94 and I-694 MnDOT is ramping up to complete the final activities for the I-35E Corridor project this year. By approximately late July, they ploan to have the following milestones completed:
Lane closures on I-35E may occur as needed during non-rush hours, and temporary short-term ramp or other area closures may need to occur this season for completion of various activities. |
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Upcoming Events & Education at SPAAR
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Get up-to-date housing market information here! SPAAR provides four different types of reports so you can offer your clients the most accurate housing data available. Click below to see how the market's doing. Local Market Updates | Weekly Market Activity Report | Housing Supply Overview | Monthly Market Indicators |
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SPAAR would like to welcome all our new members! Thank you joining, and we look forward to helping you be successful in your business.
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