Market

February 2025 real estate market update… closed sales fell 11.8% below last year

US existing home sales fell for the first time since last September. In the Twin Cities, new listings, pending sales and closed sales of all types averaged below below last...
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Weekly real estate market update 3/14/25… heading back to the office? is it time to move?

New and coming soon listings continue to ramp up, as do multiple offers. Showing activity is also on the rise. Listing activity continues to be ahead of last year. It...
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Weekly real estate market update 3/7/25… does new construction make sense for you?

New listings jumped up this week, right on cue… mimicking the same pattern as last year and giving confidence that there will be homes to buy this spring. All metrics...
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Weekly real estate market update 2/28/25… spring market is heating up

New and coming soon listings are rising along with pending sales. The other stat that popped up this week is price changes… price reductions increased 49% this week! Showing activity...
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January 2025 real estate market update… sale prices up 5% over last year

Existing home sales increased across the US for the third straight month, to a 10-month high, according to NAR (National Association of Realtors). Minnesota recorded an 8.3% increase in new...
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Weekly real estate market update 2/21/25… why more people are moving back to cities

New listings and pending sales are holding steady this week, in spite of bitterly cold temperatures even cold enough to close schools. Coming soon listings and multiple offers continue to...
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Weekly real estate market update 2/14/25… record percent of buyers plan to move this year

Showing activity is in a slump compared to the last three years… not sure if it is because of the SuperBowl last weekend or the cold snap we have been...
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2024 Annual Twin Cities Housing Market Review

The 2024 US housing market started on a positive note: Inventory was on the rise Mortgage rates had fallen from a 23-year high of 7.79% in October 2023 to the...
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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.