Jessica LautzSt Paul Area Association of REALTORS®Saint Paul, MN

6/21/2019

Great event at St. Paul Area Association of REALTORS® today. Nobu Hata highlighted how Realtors build relationships with buyers and sellers by highlighting what makes them unique and how the search time has lengthened. David Arbit (long time Research Committee member!) showed the strength of the local job market, Millennial buying power, and discussed how inventory constraints are impacting buyers. One of the things I discussed is how Millennials (even Young Millennials) are buying homes in the suburbs and small towns for affordability but also their strong desire to live close to family (a trait also seen in those approaching retirement).