Market

Weekly real estate market update 11/4/22… making first real estate purchase investment property

Showings continue to decline as expected as new listings continue to fall, not even trying to catch up with the number of showings that were about the same for the...
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Weekly real estate market update 10/14/22… it’s still a seller’s market

Price reductions are still the biggest story right now, staying steady and helping feed pending sales. Coming soon listings have been pretty flat, not the nice curve we had last...
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Weekly real estate market update 10/7/22… questions to ask if you are thinking about buying now

Our son texted me this morning, asking about a house down the street from them that has been on the market a long time, a couple of months… he asked...
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Weekly real estate market update 9/30/22… understanding inflation and mortgage rates

As new listings, pending sales and multiple offers decline, price decreases are increasing. It isn’t uncommon at this time of year, but after the last couple of years on steroids...
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Weekly real estate market update 9/23/22… top reasons people sell

The showing trend continues to follow the same pattern as previous years… people buy and sell for much the same reasons regardless of the market or mortgage interest rates. After...
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August 2022 real estate market update… price gains slow

August 2022 home prices showed a gain of 5.6% over last August, when prices were 11.1% over the previous year. The last couple years have been in a fantasy zone,...
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Weekly real estate market update 9/16/22… buyer inspections and closing cost assistance coming back

New listings continued to rise this week, with pending sales following about a week behind… after buyers had more homes from which to choose. The number of price reductions increased...
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Weekly real estate market update 9/2/22… buyer competition is waning

New listings continue to fall, but what strikes me is how smooth the drop has been since July. A little blip up on coming soon listings this week could help...
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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.