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MNR in the News
By
MNR News
posted
04-05-2022 03:11 PM
0
Recommend
Minnesota real estate agents vastly outnumber houses to sell
—Minnesota Realtors® CEO Chris Galler was quoted as saying: “It’s especially difficult for new agents to hang on … And this is a business where it’s really difficult to stay in it if you’re not doing some transactions.”
Star Tribune
, April 2nd
Sellers still control metro housing market
—“Sales trends were similar across the state, with an 8.5% decline in listings, a 10% decline in pending sales and a nearly 8% increase in the median sale price” according to MNR’s
February Housing Report
.
Yahoo News
, March 15th
Home sales down in February as inventory remains a problem
—“We simply don’t have the inventory levels necessary to meet demand," Chris Galler, CEO of Minnesota Realtors said in a statement. “The combination of a falling Affordability Index and rising interest rates is causing significant problems for first-time homebuyers who have been counting pennies and waiting anxiously to purchase a home of their own.”
Newsbreak
, March 11th
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