Market

COVID-19 impact on the real estate market May 8, 2020

The coronavirus stay-at-home directive was extended to May 18, but restrictions are gradually being lifted so it doesn’t feel quite the same as it did a month ago. The real...
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COVID-19 #stayathome and the real estate world May 1, 2020

As we get used to the idea of staying at home for another couple weeks while more businesses gradually re-open, the real estate world is also opening to more activity....
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March 2020 real estate update… biggest sales price increase since May 2018

March 2020 will long be known as the month when the coronavirus pandemic changed everything. The month started with a robust real estate market, which abruptly changed mid-month due to...
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COVID-19 #stayathome and the real estate world April 17, 2020

Here is a sampling of what I have been seeing and reading about in various places after three weeks of #stayathome. First, this week’s stats… Both  new listings and pending...
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Is the housing market in trouble?

With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For...
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Recession? Yes. Housing Crash? No.

With over 90% of Americans now under a shelter-in-place order, many experts are warning that the American economy is heading toward a recession, if it’s not in one already. What...
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Coronavirus #stayathome and the real estate world April 10, 2020

After two weeks of #stayathome the real estate world is settling into a new ‘normal’. First, let’s take a look at this week’s stats… Both new and coming listings dropped...
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How will the unemployment surge due to COVID-19 impact home sales?

Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis...
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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.