Market

NAR settlement gets preliminary approval… date set for changes to take effect

The National Association of Realtors (NAR) entered into a provisional settlement on March 15, 2024, to end the seller commission class action lawsuits. Now a judge has given approval to...
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Weekly real estate market update 5/3/24… new listings continue to be higher than last year

After watching new listings fall the last three years it is heartening to see new listings continue to hover over last year’s levels. Showing activity is steady, but below last...
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Weekly real estate market update 4/26/24… how your equity can help with affordability

Coming soon listings are on the rise again this week, a good sign for new inventory in the coming weeks. Showings are on a steady trajectory in line with new...
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March 2024 real estate market update… inventory continues to grow

March inventory continues to be well above the last two years, closer to May levels… good news for buyers struggling with a shortage of inventory available to buy. Inventory was...
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Weekly real estate market update 4/12/24… new listings up, new houses are getting smaller

New listings hit their highest point in eight months, heading in the right direction. Showing activity bounced up again following the dip caused by the snow storm… similar to last...
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Weekly real estate market update 4/5/24… why overpricing your house can cost you

As expected, real estate activity picked up again after the snow dump followed by Easter weekend. Give it a little more time to move up again… expect showings to rise...
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Weekly real estate market update 3/29/24… biggest snowstorm of the winter

Last year we had a big dip in property showings the end of February… this year it came the end of March. Both were due to major snowstorms, this year...
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Weekly real estate market update 3/22/24… about the NAR settlement

Coming soon listings, pending sales and multiple offers continue to increase. New listings dropped a bit this week but rising coming soon listings should have future impact on new listings....
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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.