Annual 2016 closed residential real estate sales for the combined Minneapolis-St. Paul metropolitan area were 6.2% ahead of 2015, with steady gains the last two years. After an encouraging small...Read More
In my December 2015 update I reported that the supply of inventory had bottomed out. Well, this year's supply is even lower. It bottomed out 26.3% below last year! Because...Read More
Mortgage interest rates have been a big topic of conversation lately, and with the Fed raising rates last week it is becoming more than just talk. But what difference does...Read More
The real estate market continues to be a tale of inventory. The current 2.1 months supply is a new low and 34.4% below last year at this time… and we...Read More
I had a call from consumer last week who wanted to talk about where the real estate market is headed, worried that we are in another housing bubble. Although we...Read More
2016 continues to be an amazing year for real estate. Sales set a 12-year high in October this year… …as inventory fell to 19% below last October. At this rate...Read More
There has been talk of homeownership rates declining as owning a home is no longer the essential part of the American Dream it once was. However, as you can see...Read More
Even as the year-over-year monthly median price slowed to 3.6% in September it was still 5.8% YTD over last year… still above the nationwide 'normal' rate of 3.6% annual increase...Read More
Subscribe to Our Newsletter for Market Updates & Mid-Century Modern Listings
Our weekly HomesMSP Update includes current local market information and a curated list of mid-century modern properties for sale, plus posts from an inspector, a lender, a stager, info about neighborhoods, life in the Twin Cities… even recipes!
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.
