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MINNEAPOLIS MULTI-FAMILY TRENDS – IMPACTS OF 2020

Simonson Real Estate

We provided additional services six months later in October 2020. We provided additional services six months later in October 2020. We first present a few charts, graphs, and statistics with data provided by Marquette Advisors. Rent growth, which had previously been steadily rising in the range of 3.9%

Landlords 117
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2024 USPAP Changes Clarify Nondiscrimination

Appraisal Today

Advisory Opinions For 2024, the ASB has retired Advisory Opinion 16 (AO-16) and replaced it with two new Advisory Opinions, AO-39 and AO-40. How do the USPAP revisions to the Nondiscrimination section affect appraisers? Appraisers were also always prohibited from performing assignments with bias. USPAP 2024 is effective January 1, 2024.

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What would it take to crash the housing market?

Housing Wire

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. In time, markets always find balance and balance is a good thing. With where prices were heading when mortgage rates were under 4%, we were looking at 35%-40% cumulative home-price growth in just three years.

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. Measured differently, monthly worker foot traffic in downtown is 48% of 2019 levels , the highest rate of activity since the start of the pandemic. Office vacancies in U.S.