Updates

  • Why We Celebrate Pride

    Blog Entry

    From June 23 to 25, the city of Minneapolis will host the 51st Twin Cities Pride Festival in Loring Park and Parade Park. Gathering thousands of members and supporters of the LGBTQ+ community every year, the event celebrates diversity, hard-won legal rights, and the continuing journey toward social ...

  • Susan Dioury, MNR’s Senior Vice President of Risk Management & Legal Counsel, Departs Association After Years of Dedicated Service 23 years ago, Dioury j oined the a ssociation as vice president of government relations & regulatory affairs. In that role, and later as chief lobbyist, ...

  • Blog Entry

    According to United Nations data , almost 1 b illion people in the world suffer from some type of mental disorder .  A s taggering statistic that represents a literal world of pain .    In the U.S., approximately  50 million people are believed to have some ...

  • Total number of homes for sale increases during slow start to sales season MINNEAPOLIS ( May 17 , 2023) — Although the weather was warming, sales activity across the state iced over as closed sales dropped almost 31% compared to April 2022. Other key market indicators felt ...

  • MINNEAPOLIS (May 17, 2023) During the week of May 8, the Minnesota House and Senate passed the “First-Generation Homebuyers Down Payment Assistance Fund” program, which was included in the final version of the omnibus housing finance bill (HF 2335). On Monday, May 15, Governor Walz signed HF 2335 ...

  • First-Generation Homebuyers Downpayment Assistance Fund could receive as much as $150 million from omnibus housing finance bill Although the roots of Minnesota’s racial homeownership gap run deep, the problem was exacerbated by the Great Recession, which began in late 2007 and ran roughly ...

  • Blog Entry

    Chinese philosopher Lao Tzu once wrote, “The journey of a thousand miles begins with a single step.” The lesson is this: You have to start small before accomplishing anything big.  This ancient bit of wisdom rings true when applied to homeowners looking to reduce waste in the name of sustainability. ...

  • Every year, after a long—often grueling—winter, Minnesota begins to thaw. Even if it comes as late as April (or sometimes May), we always get there. As Minnesotans eagerly anticipate the trees budding green and flowers sprouting from once frozen ground, many of us also prepare for one of life’s biggest ...

  • Blog Entry

    As 2023 got underway, both homebuyers and sellers were still adjusting to higher mortgage rates—the 6.27% rate on a 30-year fixed mortgage is significantly higher than the 3.62% rate of January 2022. That jump in interest rates, along with ongoing high inflation and our chronic inventory shortage, continues ...

  • Blog Entry

    MNR projects healthy spring sales season MINNEAPOLIS (April 11, 2023) —As spring began in Minnesota , the housing market was still locked in winter slumber. Closed sales across the state were down more than 20% over March 2022 while new listings declined nearly 25%. Due to slower activity, the ...

  • Blog Entry

    We're waving goodbye to the third snowiest winter in Minnesota on record and welcoming the season of renewal. Local pub patios, bikeways, and parks are overflowing with Minnesotans shaking off the dregs of winter and soaking up the sun. As temperatures continue to rise across Minnesota this spring, ...

  • Realtors® recogniz e Fair Housing Month every April to commemorate the passage of the landmark Fair Housing Act of 1968— established to prohibit discrimination in housing based on race, color, sex, national origin, religion, disability, or familial status.   The Fair Housing Act protects ...

  • Blog Entry

    Landlords can exclude pets from their rental properties, but not service or emotional support animals. Knowing the difference can keep you out of court.   On the surface, the terms of the Fair Housing Act seem straightforward. The Act prohibits discrimination related to the sale, ...

  • Soaring Above the Glass Ceiling

    Blog Entry

    In an era when women faced inequity on every front, Deanna Wiener blazed a career in real estate, politics, and environmental activism. And she’s still going strong.   When Deanna Wiener was growing up in St. Paul in the 1950s and 60s, there were three primary career options for women: ...

  • Like Mother, Like Daughter

    Blog Entry

    How MNR First Vice President Patti Jo Fitzpatrick and her daughter, Kari, mix family and business “Does anybody want to take over my business?” Patti Jo Fitzpatrick had built a profitable real estate business, was preparing to manage a large brokerage, and was on track to become an association ...

  • Buyers take advantage of increased negotiating power MINNEAPOLIS (March 10, 2023) — With closed sales down more than 22% compared to February 2022 , higher interest rates continued making homebuyers wary. Following an encouraging descent to just over 6% in January, ...

  • P urchasing a home is the best way to build lasting wealth in America , regardless of the temperature of the housing market . This is no secret to Realtors ®, nor to the homeowners who’ve experienced the financial and personal benefits. Sometimes it’s hard to see the forest for the trees, ...

  • Women’s History Month is a time to celebrate famous women and their struggles for hard-won rights , and their contributions to society. But every day, millions of lesser-known women advance the cause in their own way, through building businesses, careers, and buying homes of their own.  ...

  • Q&A with Immediate Past President Jason Miller What do you want to accomplish in your role as Past President? During this year of changes at MNR, I hope to support our leadership team, as well as our staff and our new CEO . What do you see as the single biggest ...

  • Realtors® , industry leaders, and state legislators gathered at the Inter Continental Hotel in St. Paul on Monday, February 13 th for a morning that brought homeownership and housing into the spotlight. The event brought Realtors and associations together with state lawmakers ...