Market

Condo supply going up!

There has been talk in the media lately that after years of housing supply shortage, it is now a buyer’s market for downtown condos and townhouses. Downtown surely feels this...
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Twin Cities Market Update 12/4/2020… is it a good financial move to be buying a home now?

Although real estate showings are still on the same downward slope that is typical at this time of year, showings were 32.4% ahead of last year as of December 2,...
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October 2020 real estate market update… inventory drops to only 1.5 months supply

The supply of homes for sale continues to fall, with months supply 40% below last October at only 1.5 months. The supply of houses is down to 1.4 months and...
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Twin Cities Market Update 11/20/20… homes for sale are disappearing

Showing stats are still lagging behind, above data only from November 2. But the listing data below is current as of this morning, November 20. Both new listings and pending...
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Twin Cities Market Update 11/6/2020… factors to consider if you are thinking about buying

ShowingTime is experiencing a technical issue so current stats are not accessible right now but the chart above  at least gives an indication of what has been happening this year....
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How the election is likely to impact the housing market

Tomorrow, Americans will decide our President for the next four years. That decision will have a major impact on many aspects of life in this country, but the residential real...
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Millennials are leading the homebuyer market

The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a...
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Twin Cities Market Update 10/30/20… today’s market is a win for sellers

Showings popped up a bit after last week’s drop amid the early snowstorm, still 8% ahead of last year at this time. New and pending listings both dropped a bit,...
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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.