Market

January 2022 real estate update… housing supply shift

In 2020 I noticed a distinct shift in the months supply of condos for sale that coincided with the coronavirus lockdown. As the supply of houses and townhomes continued to...
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Biggest reason inventory is so low

Seeing the chart above from realtor.com was an aha moment for me. It clearly shows that a shortage of new listings isn’t the biggest reason for low inventory nationwide. The...
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Weekly Real Estate Update 2/25/22… carry-over inventory plummets

Market Watch looks different this week for two reasons… a big drop in both new and coming soon listings… and the addition of price decreases and price increases. Our MLS...
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Weekly real estate market update 2/18/22… what is driving high buyer demand

Coming soon listings continue their upward surge as showings stay above the last two years. New listings are very similar to last year, coming soon listings are above last year…...
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Weekly real estate market update 2/11/22… getting your home ready to sell in 2022

Showings rose above the last two years in response to a healthy injection of new and coming soon listings. It took me three times rearranging showings for a tour yesterday...
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Weekly real estate market update 2/4/22… how homebuyers have changed

I don’t need the stats to tell me that the market is picking up already, in spite of the subzero temperatures. After months of no new listings of interest, my...
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2021 Annual Twin Cities Housing Market Review… inventory hits rock bottom

Declining inventory has been a major concern for a long time, but never more than in 2021. The chart above shows how it has been tumbling down for the last...
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Weekly real estate update 1/28/22… fewer buyers waiving inspection contingencies

New and coming soon listings continue their upward surge, with showings right on track with last year. I showed the same new listing to two clients this week, and heard...
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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.