Market

Months Supply Rev

February 2026 real estate market update… in a holding pattern?

New listings inched up compared to last year in February, but only by 0.4%… as pending sales fell 3.5% and closed sales fell 9.4% compared to last year, even more...
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Waiting For Interest Rates

Weekly real estate market update 3/13/26… waiting for lower rates?

Showing activity is rising above past years… who knows what effect the predicted snow events this weekend will have. Market watch stats all show gently rising activity… … so far...
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2026 01 Supply Of Inventory

January 2026 real estate market update… condo supply more than twice that of houses

According to the National Association of Realtors (NAR), US existing home sales across the US increased 5.1% month-over-month and 1.4% year-over-year in January, the strongest pace in nearly three years....
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Spring House

Weekly real estate market update 3/6/26… spring market effect

New and coming soon listings are growing, and daylight savings time is coming this weekend to give more daylight showing time… it’s the spring market effect. Showing activity is also...
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Weekly real estate market update 2/27/26 – moving into spring market

Pending sales, multiple offers and coming soon listings are all increasing… back up to levels last seen last fall… and signs of moving into spring market. Even the birds are...
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20260212 Homeowners Are Sitting On Tremendous Equity Original

Weekly real estate market update 2/13/26 – two-thirds of homeowners have at least 50% equity

New listings are climbing, on their way to spring market. New and coming soon listings combined are back to levels in November. It is odd there were no multiple offers...
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Housing Market2

2025 Annual Twin Cities Housing Market Review

The 2025 US housing market was challenging… Mortgage rates remained elevated compared to recent years Home prices continued to increase Demand outpaced the supply of homes for sale Fewer buyers...
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Buying A Home2

Weekly real estate market update 2/6/26… benefits of buying before spring

The market is waking up… all stats are trending up this week. Expect an even bigger increase in activity as we pass Super Bowl weekend and the traditional beginning of...
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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.