Tag Archives: MAAR

After a long, dreary winter, the Minneapolis Area Association of Realtors (MAAR) pointed towards signs of renewed optimism in the 13-county Minneapolis-St. Paul metropolitan area. Seller activity rose 5.5 percent to roughly 6,500 newly listed homes in March. Although inventory remains near a 10-year low, the group believes consumers should have more options this year compared to recent years.

A release issued by the Minneapolis Area Association of REALTORS (MAAR) gave an in-depth look at how the nationwide cold weather this past January and February affected local, cold weather markets. Freezing weather hurt new listings, which declined 5.0 percent. Despite the drop in listings, MAAR is more bullish for the spring and summer months, expecting overall seller activity to increase.