Market

May Market Update – slow signs of recovery

Sales data released for last month shows we appear to continue on a slow road to recovery. Of course we won't really know how steady it will be until we see how trends continue, but...
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Is the buyer waiting game coming to a close?

At the end of the tax credit last year it seemed like buyers dropped off the face of the planet… and the total number of Twin Cities sales last year...
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April Market Update – number of homes for sale holds steady

Most of the real estate market reports focus on the difference between this year and last year, but that is such as apples to oranges comparison given the end of...
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Price reductions by zip code

Price reductions seem to have become the name of the real estate game this past year, and Minneapolis continues to lead the nation in being the quickest to slash listing prices....
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Minnesota has second healthiest housing market by state

Only my home state of North Dakota ranked above Minnesota in Lending Tree's recent list of the healthiest housing markets by state. They made their ratings based on five key...
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March Market Update… pending sales up

March pending sales jumped as it usually does at this time of year. Not as high as the last two years during the tax credit, but a healthy jump nevertheless....
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National Map of 2011 Shadow Inventory

The change in non-current mortgage loans is down 36% in the last 12 months in Minnesota in spite of a 4% increase in Minnesota foreclosure starts from the 3rd to 4th...
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February Market Update – buyers, your time is now!

Pending sales increased a bit in February compared to January…  …and new listings dropped a bit… resulting in about the same number of homes available for sale. Last year at...
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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.