Market

2 positive trends that help keep home purchases affordable

Although rising home values is continued good news for sellers, it can be challenging for buyers. The good news of the new year has been that mortgage interest rates for...
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One of the reasons for the inventory shortage

Housing inventory has been low for so long it’s hard to pin exactly why that is because it is a combination of so many reasons… but people I meet continue...
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March 2019 real estate market update… inventory supply trend improving

March 2019 real estate stats are in, and even though inventory dropped 4.2% compared to last March, that is much better than the 19.3% drop we experienced last year. If...
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February 2019 real estate market update… new listings drop, was it the weather?

After a trend over the last nine months of a monthly increase in new listings compared to the previous year, new listings in February 2019 dropped 14.3% compared to February...
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A normal market is coming… just what we need

The housing market has been hot for a string of years. This ‘seller’s market’ has driven home prices higher and higher prices because of demand as the inventory of homes...
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January 2019 real estate market update… shift in inventory trend

It may not look significant when you see that January 2019 inventory increased only 1.1% over January 2018. But when you compare it to last year’s drop of 17.1% and...
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Why 2019 will be a great year for both buyers and sellers

from my blog at Keeping Current Matters   Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the...
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Year-over-year changes in price by state… do you know which 2 states dropped in value in 2018?

Real estate is local, and each state appreciates at different levels. According to the Home Price Index from CoreLogic, United States home prices appreciated nationally by 4.7% in 2018. You can...
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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.