Market

Weekly real estate market update 8/27/21… checklist for getting ready to sell

Showings continue to drift downward, expect the combination of rain, state fair and Labor Day to cause another drop as we head into the last days of summer and back-to-school....
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Weekly real estate update 8/20/21… what does a seller’s market really mean?

Showings continue to drift along in the dog days of summer, hanging below the last two years but following the same trends. New and coming soon listings are lackluster but...
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July 2021 real estate update… days on market lower than ever

New listings increased a bit in July, while pending sales dropped for the second month in a row and closed sales dropped compared to last year for the first time...
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Weekly real estate update 8/13/21… comparing today’s house affordability with past decades

Real estate showings bucked the trend this week with a slight increase but still hanging below the last couple years… while new and coming soon listing continue to float above...
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Weekly real estate update 8/6/2021… price reductions are increasing as showings decrease

While we were gone last week showings continued to slow down, very closely mirroring past years trajectory at this time… but lower. It seems like the early part of the...
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Weekly real estate update 7/23/21… showings are slowing down

What I find fascinating in looking at showing stats is the decided shift in the number of real estate showings. The first months of the year were right on track...
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June 2021 real estate update… 73.51% drop in inventory over the last 10 years

Inventory didn’t drop quite as much in June 2021 compared to June 2020, but it still fell 35.5% year-over-year. What is perhaps more telling is comparing it longer term. In...
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Weekly real estate update 7/16/21… today’s biggest buyer concerns

New and pending listings popped up again this week while coming soon listings are holding steady. New listings are ahead of last year, but showings continue to hang below the...
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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.