Market

Affordability and typical mortgage payments

It’s easy to get swept up in the rhetoric about falling affordability in the housing market. But while it is true that the affordability index is the lowest it has...
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When is the best time to list your home for sale?

The time to list your home for sale is when you are ready. That said, there are factors that make some times better than others. Looking at new listings by...
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2018 Annual Twin Cities Housing Market Review

The 2018 Twin Cities housing market was marked by low inventory, bidding wars and rising prices. Although prices continued to rise throughout the year, the last half of the year...
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December 2018 real estate market update… new trend of increasing inventory

Declining inventory has been a primary concern in the real estate market since 2015. The good news from December 2018 is that it closed out the year with inventory 4.5%...
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Where is the housing market headed in 2019?

What we have been begging for is finally projected to come to pass in 2019… more inventory!  If projections hold true, as inventory rises, sales will climb and price appreciation...
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November 2018 real estate market update… inventory finally ahead of last year

After years of declining inventory, new listings have increased over the same month last year for the fifth month in a row and we finally have a month where there...
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7 reasons why now is the time to buy… the biggest challenge for home buyers in 2019

I got a call yesterday from a client who said she thought this was the time to buy and she is ready to find a house. I agree. Here are...
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October 2018 real estate market update… new listings ahead of last year for 4 months in a row

After crying about a lack of new listings for what seems like forever, new listings in October 2018 were ahead of last year for the 4th month in a row, with...
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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.