Market

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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Weekly real estate market update 1/31/25… resources to help you buy a home now

Market activity is picking up again. I like seeing the correlation between pending sales and multiple offers… both are increasing. I have a new listing that has been in the...
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December 2024 real estate market update… sales up, inventory down

New listings were up 6.4% in December 2024 compared to December 2023. But sales were up even higher… pending sales up 6.2% and closed sales up 14.1%… resulting in a...
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Weekly real estate market update 1/24/25… average new home size has gotten smaller

With weather cold enough to close schools this week, it should come as no surprise that showing activity didn’t follow the upward trend of past years. New listings and price...
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Weekly real estate market update 1/17/25… roughly 11,000 homes sell each day

After the dramatic jump last week following the holiday season, the market is settling down again this week. It’s too early in the new year to see trends or much...
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Weekly real estate market update 1/10/25… 2025 housing forecasts

Market stats over the last few weeks clearly show that I wasn’t the only one taking time off during the holiday season. The market slowed down over the holidays starting...
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Weekly real estate market update 12/20/24… the biggest perks of buying a home in the winter

As new listings, price changes, coming soon and back on the market listings all are falling into the season, pending sales are holding steady and multiple offers increasing a bit....
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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.