Weekly real estate market report 4/14/23 – inspections and repairs are popular again

Last week’s jump in coming soon listings became this week’s jump in new listings as other metrics dropped in this past week around Easter.

Showings increased again in response to the new listings. Easter is a date that changes each year based on the lunar cycle. You can see its effect by the moving dips in showings for the last three seasons.

Wondering what is going on with inspections this year? During the market frenzy of the last few years it became common to waive inspection if you wanted to secure the winning bid. Some of that is still going on, but according to a recent survey by Realtor.com inspections are becoming popular again. See national statistics including an average of how much sellers spend on repairs before listing in the infographic below from our blog at Keeping Current Matters.

Sharlene Hensrud, RE/MAX Results – shensrud@homesmsp.com

Written By

I love what I do! Highly insightful, analytical and creative, there is nothing I love more than helping you find the right solution for your real estate transition. My mission is to serve my clients with honesty and integrity, exceeding their expectations in service and support… and to help others by donating a portion of every transaction to Habitat for Humanity.

Related Posts

Weekly real estate market update 4/12/24… new listings up, new houses are getting smaller

đź–¨ Print Article New listings hit their highest point in eight months, heading in the right direction. Showing activity bounced up again following the dip caused by the snow storm…...

Defining Mid-Century Modern Style

đź–¨ Print Article I am a long-time lover of the mid-century modern style, and curate a list of mid-century/modern homes listed for sale in the MLS each week as part...

Subscribe to Our Newsletter for Market Updates & Mid-Century Modern Listings

Our weekly HomesMSP Update includes current local market information and a curated list of mid-century modern properties for sale, plus posts from an inspector, a lender, a stager, info about neighborhoods, life in the Twin Cities… even recipes!

Hidden

Blog Categories

Archives

Sharon and John Hensrud

About Us

The HomesMSP Team is committed to meeting you where you are and listening… really listening to understand you so we can use our extensive knowledge of the market and local neighborhoods to give you personalized service.