Market

Weekly real estate market update 2/23/24… how changing mortgage rates impact you

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. It feels good...
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Weekly real estate market update 2/16/24… new listings take a big jump up

New listings took a big jump up this week after the Super Bowl, which is the ‘official’ start of the spring real estate season. What is even more significant is...
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January 2024 real estate market update… off to a promising start

Nationally, 2023 home sales were the lowest since 1996. In the Twin Cities market, the number of sales fell every month compared to the previous year every month since September...
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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...
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Foreclosures? No wave in sight

Headlines saying foreclosures are rising might make you feel uneasy. But the truth is, there’s no need to worry. If you look at the latest numbers, they’re still below pre-pandemic norms and way below what...
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Weekly real estate market update 2/2/24… coming soon listings leap up

This week’s market data shows sellers are getting ready for spring market as coming soon listings take a leap up, right on track with last year at this time. It’s...
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2023 Annual Twin Cities Housing Market Review… a challenging year

2023 was a difficult year for the housing market for multiple reasons… Mortgage rates hit a 2-decade high Inventory continued to be at historic lows Sales prices continued to climb...
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Weekly real estate market update 1/26/24… why homebuying is more affordable this year

Pending sales are rising, along with multiple offers and coming soon listings… even new listings are higher than they were last year at this time. Spring market is gearing up....
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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.