Market

Weekly real estate market update 8/22/25… more contracts are falling through

It’s easy to see from the latest stats that we are in the dog days of summer in more ways than one. The only stat that increased this week was...
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Concessions

Weekly real estate market update 8/15/25… almost half of sellers are making concessions

We are experiencing the late summer doldrums, when activity is suspended as we head into the state fair starting next week and the school season starting shortly after that… when...
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Second Homes3

Weekly real estate market update 8/8/25… is a second property the missing piece in your retirement plan?

Finding it tough to plan for the future in today’s environment? According to Inuit, 68% of people say they aren’t sure they’ll ever be able to retire. See the article...
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Pensive Woman

Weekly real estate market update 8/1/25… the risks of pricing too high

The market is slowing into the summer doldrums. Every metric slowed down a bit. This is the first time all year that new listings fell below last year. Showing stats...
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Weekly real estate market update 7/25/25… housing market forecasts for the rest of 2025

With all the talk I have been hearing lately about the troubled market and the record number of sales falling through, I decided to compare this week’s stats with last...
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Are more home sales falling through?

I have been seeing a lot of articles about home sales falling through, such as one yesterday from Newsweek that headlined “Number of Home Sales Falling Through Hits Record Level”....
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June real estate market update… both inventory and prices continue to inch up

Twin Cities inventory inched up another 2.0% in June… not as strong a year-over-year increase as last year, but increasing nonetheless as it has every month except January and February...
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Asking Price

Weekly real estate market update 6/27/25… why asking price matter more today

The only stats that went up this week were multiple offers and properties that came back on the market because the buyer backed out during a contingency period. Nationally, one...
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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.