Why iBuyers like Opendoor are facing big challenges in 2023… how they are different from “We Buy Houses” companies

“We Buy Houses” companies Companies that buy homes directly from sellers for cash have been around for a long time. They typically promise quick, all-cash offers and ultra-fast closings, some...
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Weekly real estate update 12/23/22… what makes a house a home

Pending sales are again higher than new listings as we end the year thinking more about holiday and family celebrations than listing homes for sale. It is encouraging, however, that...
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November 2022 real estate market update… new construction supply is up

After years of falling inventory with new construction inventory lower than previously owned properties, new construction started to move into positive increases about a year ago. Some of that likely...
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Weekly real estate market update 12/16/22… 2023 Housing Market Forecast

There were more pending sales than new listings this week, first time since April but what happened the last three weeks of December last year… we will see if the...
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Weekly real estate market update 12/9/22… what makes this a good time to buy

Not many weeks left in the slide to the lowest market point of the year. A few more new listings this week as sellers take advantage of the holiday time...
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Weekly real estate market update 12/2/22… housing forecast 2023 from

New listings and pending sales have come together to almost tie this week, already declining so you can’t see a noticeable Thanksgiving dip. I had to double check multiple offers…...
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Weekly real estate market update 11/18/22… fewest weekly new and coming soon listings in three years

New and pending listings are getting closer together as we move into holiday mode and fall into low numbers expected at the end of the year. New and coming soon...
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two people sitting on dock by lake

October 2022 real estate market update… pending and closed sales drop more than 33%

Pending and closed monthly sales having been falling behind last year’s sales all year, but they both had their biggest drop compared to last year in October. With pending sales...
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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.