Weekly real estate market update… Goldman Sachs predicts the worst is behind us

Market stats are encouraging, as new and coming soon listings show a slight increase… and pending sales continue to rise while price drops decline. Even multiple offers are showing a...
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2022 Annual Twin Cities Housing Market Review… a market in transition

What perhaps illustrates best the frustration that buyers have been feeling over the ‘pandemic’ years is the chart above showing the average number of monthly showings per listing. It is...
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Weekly real estate market update 1/20/2023… what past recessions tell us about housing prices

The new year has just started, bouncing up from the holiday pause but still finding footing in the new year. Comparing this year to last year at this time 2023...
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December 2022 real estate market update… percent of list price received lowest since 2016

The historical pattern of buying a home has been the seller sets a list price, and the buyer offers a lower price… then they negotiate to a mutually agreeable sales...
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Weekly real estate market update 1/13/23… negative headlines, what to expect in 2023

New listings, price changes and pending sales continue to rise, but behind last year. New listings are just below last year’s pending sales, and coming soon listing continue to be...
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Weekly real estate market update 1/6/2023… best practices for selling in 2023

Market stats for 2022 ended with a normal arc, with showings picking up in the week between Christmas and New Years as buyers took advantage of holiday time away from...
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Why iBuyers like Opendoor are facing big challenges in 2023… how they are different from “We Buy Houses” companies

“We Buy Houses” companies Companies that buy homes directly from sellers for cash have been around for a long time. They typically promise quick, all-cash offers and ultra-fast closings, some...
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Weekly real estate update 12/23/22… what makes a house a home

Pending sales are again higher than new listings as we end the year thinking more about holiday and family celebrations than listing homes for sale. It is encouraging, however, that...
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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.