Market

Is another Recession coming in 2020? Another housing crisis?

Economists and analysts know that the country has experienced economic growth for almost a decade. They also know that a recession can’t be too far off. A recent report by Zillow Research shed light...
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Relocating to Minnesota? How do MN home values compare to your state?

“Location, location, location” has always been a real estate mantra, most often referring to increasing or decreasing value based on different neighborhoods and sites in the same geographic location. In...
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May 2018 Real Estate Update… average sale price is higher than list price

For the first time on record, average sale prices in May 2018 were 2% higher than list price. That’s good news for sellers, and instructs buyers in how competitive the...
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April 2018 Real Estate Update… average 99.9% of list price received

New listings are increasing seasonally, but not enough to curb the trend of dropping compared to past years, with April 2018 down 7.2% compared to April 2017. The new listings...
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March 2018 Real Estate Update… a never-ending story of inventory

As the seemingly endless drop in inventory continues it made me think of the never-ending snowstorm last weekend… it just kept falling, and falling, and falling. Months supply of inventory...
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February 2018 real estate market update… year-over-year inventory change has been negative for 3 years

As I looked at Twin Cities real estate data for February 2018 and saw a drop in inventory yet again, I wondered if the 12-month average change in inventory has...
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Worried about another housing bubble tsunami?

Worried about the next housing bubble? According to Ted Nicolais, who teaches at Harvard Extension School, the Great Recession of 2008 wasn’t really a surprising tsunami disaster as so many...
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Nationally, home prices appreciated by 37.4% over the last 5 years… what about Minnesota and the Twin Cities?

Economists at CoreLogic recently released a report looking at economic recovery since the Great Recession December 2007 through June 2009. One of the key indicators of the health of the...
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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.