Market

Weekly real estate market update 10/27/23 – new listings and price changes are tied

New listings and price changes are about the same this week as are homes back on the market and coming soon. I wouldn’t be surprised if pretty soon there are...
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Weekly real estate market update 10/20/23… home price growth returning to normal

New, coming soon and pending listings are all falling according to normal patterns. The only metric that is rising is price changes… again according to normal seasonal patterns. Looking at...
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September 2023 real estate market update… months supply of inventory near pre-pandemic levels

Months supply of inventory was low, mostly in the 2-month range but pretty steady in 2017-2018-2019… then it dropped to hang persistently in the 1-month range in the pandemic years...
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Weekly real estate market update 10/13/23 – grandparents moving closer to grandkids

Perhaps most significant in this week’s stats is a drop in price reductions… everything else is holding steady or slowly falling, as typically happens at this time of year. ShowingTime...
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August 2023 real estate market update… home prices increase

After showing little year-over-year monthly price growth for much of the year, median sales price in August 2023 was 2.7% over August 2022… tied with January. Nationally, most experts predict...
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Weekly real estate market update 10/6/23 – home prices are not falling

New listings, multiple offers and pending sales all ticked up again this week, in tandem with each other as price changes continue their slow climb. Showings continue on the same...
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Weekly real estate market update 9/22/23 – should Baby Boomers buy or rent after they sell

The real estate market is holding steady… Buyers are still looking at houses to buy… New, pending and coming soon listings are on track with last year’s patterns… Are you...
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for sale house

Why is housing inventory so low?

FROM OUR BLOG AT KEEPING MATTERS CURRENT Why Is Housing Inventory So Low? One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard...
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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.