Market

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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December 2021 real estate update… months supply of inventory drops to all-time low

Twin Cities months supply of inventory dropped to less than a month in December 2021… at 0.8 months, the lowest on record. Breaking it out by price range, property type...
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Weekly real estate market update 1/21/22… when is the right time to sell

We now have showing stats for the beginning of this year, and it is really close to last year… ahead by only 2.7%. Coming soon listings continued to increase while...
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Weekly real estate market update 1/14/22… why it makes sense to act early

Stats are showing the market rebounding after the holiday slump as people start thinking about their housing goals for 2022. Not enough 2022 history yet, and comprehensive year end data...
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Weekly real estate market update 1/7/2022… don’t expect a wave of foreclosures

Market activity is popping up again after the holiday. I speak from experience… I wrote offers for two buyers this week, just got a signed accepted offer this morning! This...
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Weekly real estate market update 12/17/21… biggest real estate winners and losers 2021

Showings were down this week not only compared to last year, which was booming abnormally due to pent-up demand, but also lower than two years ago before Covid. Pending listings...
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Weekly real estate market update 12/10/21… 28% of all households are single person households

Showings continue to be below last year when buyers were reacting to pent-up demand but very similar to two years ago. New pending listings continue to be very close to...
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Weekly real estate market update 12/3/21… predictions and trends to watch for in 2022

Showings over the Thanksgiving holiday dropped more than last year but not as much as two years ago in 2019. Showings had a strong rebound the first part of December...
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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.