Market

Weekly real estate market update 2/28/25… spring market is heating up

New and coming soon listings are rising along with pending sales. The other stat that popped up this week is price changes… price reductions increased 49% this week! Showing activity...
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January 2025 real estate market update… sale prices up 5% over last year

Existing home sales increased across the US for the third straight month, to a 10-month high, according to NAR (National Association of Realtors). Minnesota recorded an 8.3% increase in new...
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Weekly real estate market update 2/21/25… why more people are moving back to cities

New listings and pending sales are holding steady this week, in spite of bitterly cold temperatures even cold enough to close schools. Coming soon listings and multiple offers continue to...
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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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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.