Market

Weekly real estate market update 11/8/24… is a fixer upper right for you?

Market stats continued to drop this week, but coming soon listings and multiple offers dropped more than other metrics. Even though there aren’t as many multiple offer situations, I had...
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Weekly real estate market update 11/1/24… how do Presidential elections impact the housing market?

Real estate market activity is tracking down… is it just seasonal, or does the Presidential election have anything to do with it? The only metric that didn’t fall this week...
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This is the best week to buy a home in three cities… including Minneapolis!

I was surprised when I read an article from realtor.com this morning that stated that this is the best week of the year to buy a home in three US...
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Weekly real estate market update 10/25/24… sliding down, but ahead of last year

Market indicators are moving down in tandem… but don’t panic, this is typical for this time of year. The good news is that it is hanging above last year at...
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September 2024 real estate market update… national home sales fall to lowest level since 2010

According to the National Association of Realtors, September national home sales fell to the lowest level since 2010. You can see in the chart below of Twin Cities closed sales...
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Weekly real estate market update 10/11/24… showings in step with last year

Showing activity continues to be in lock step with last year and 2021, on a downward slope typical for this time of year. Price reductions increase as coming soon and...
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Weekly real estate market update 10/4/24… top 3 reasons affordability is improving

New and pending listings continue to be ahead of last year at this time, and coming soon listings are holding steady. Property showings are right on track with last year....
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Weekly real estate market update 9/27/24… 80% of first-time homebuyers qualify for down payment assistance

Showing activity remains steady… as weekly new, pending and coming soon listings continue ahead of last year. Most notable change this week was the increase in those properties that had...
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Sharon and John Hensrud

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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.