SPAAR Government Affairs
@spaar_ga
News and updates from the Saint Paul Area Association of REALTORS® Advocacy Team.
22.5% of Homeowners in Minnesota Will Face a Hidden Home Equity Tax If They Sell realtor.com/advice/hyperlo…
St. Paul Brewing sounds alarm over Hamm's site redevelopment buff.ly/f15e0Jd #axiostwincities
Market Street plans; EICI Infrastructure Academy; FX management - Minneapolis / St. Paul Business Journal buff.ly/cmhB17q via @mspbjnews
St. Paul Port plans Kmart site demo for future development buff.ly/Z9jxhAa
Tiny home shelter expected to be complete by mid-2026 buff.ly/X5DkPp1

Washington County residents asked to weigh in on climate change buff.ly/SOS8dnl via @pioneerpress

‘It was just a nightmare’: How one builder left a trail of damage across Twin Cities suburbs startribune.com/mark-elliot-ho…
Examples from Chicago & Denver show how local data & expertise can help preserve unsubsidized, lower-cost rental buildings that help maintain housing stability & prevent displacement. urbn.is/4nQbLrU
Experts predicted Minnesota real estate agents would quit, 5 INVESTIGATES found a different reality buff.ly/q6DgO8X

Not sure where to turn for housing assistance? Start with an assessment. More info at ramseycounty.us/Housing.
About 5.5 million more households would be able to afford a home if rates drop to this magic number. NAR’s latest housing forecast shows when the market may get there and where you can find opportunities for business growth. nar.realtor/magazine/real-…
Builders beginning to feel cost of Trump’s taxes on imports buff.ly/zlZImOf

Metropolitan Council Chair Charlie Zelle to step down buff.ly/z8HPEQa

🤳Younger homebuyers turn to social media, AI and each other Gen Z is more inclined to turn to alternative strategies such as ‘house hacking’ ➡️Read the full breakdown here: housingwire.com/articles/young…
ICYMI
These slides were presented by NAR Chief Economist Lawrence Yun at the NAR Real Estate Forecast Summit on July 16, 2025. #NARForecastSummit Find the latest market updates and what's to come: nar.realtor/presentations/…
A bill unveiled Friday aims to provide government backing for second mortgages to finance construction of increasingly popular accessory dwelling units wsj.com/economy/housin… via @WSJ
NAR Advocacy win bridges Congressional aisles to create a level playing field for buyers using their VA home loan entitlement. nar.realtor/magazine/real-…
A timeline of the Rice Creek Commons/TCAAP development in Arden Hills pipr.es/KtWjp7E
NAR economists say a 30-year fixed-rate of 6% would make the median-priced home affordable for about 5.5 million more households. Here’s what you need to know from NAR’s latest housing forecast. nar.realtor/magazine/real-…
📉Mortgage demand for new homes dropped in June but is still up annually New-home mortgage applications fell in June, consistent with typical seasonal patterns, but remained ahead of last year’s pace ➡️Read the full breakdown here: housingwire.com/articles/new-h…