Weekly real estate market update 2/9/24… more listings make it easier to buy

Last week coming soon listings took a dramatic jump… this week they settled down (still higher than they had been) while new listings rose. Expect new listings to continue to rise as we get past the Super Bowl and into spring market.

New listings have been higher than last year so far, still following the same trajectory. It’s almost eery how closely coming soon listings are following last year’s numbers at this time.

Showing stats look a little odd this week… not sure if it’s a glitch or if it is in anticipation of the Super Bowl or ??? After having a good weekend ahead of last year, showings took a nosedive mid-week. It will be interesting to see what comes next.

Are you having a hard time deciding whether to buy or continue renting? See The Difference between Buying and Renting… then see reasons people buy below.

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

Reasons People Buy

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 2/23/24… how changing mortgage rates impact you

đź–¨ Print Article Property showings are on track with activity in previous years… … as are new and pending listings. Coming soon listings popped up a bit again this week....

Some Experts Say Mortgage Rates May Fall Below 6% Later This Year

🖨 Print Article There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared...

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.