Market

Weekly pending sales higher than mid-June 2010

This week's Twin Cities market activity report for the week ending February 12, 2011 marks the first time we have had more than 700 weekly pending sales since May 2010, near the...
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Interactive Market Data… for condos, houses, townhomes, foreclosures, and more…

Have you ever wondered what condos or houses or townhouses have been selling for in your neighborhood? Or how traditional sales compare to foreclosures and short sales?  If so, you will...
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2010 Market Review – Back to the Future

Perhaps we will look back on 2010 as the year we pressed 'reset' in the real estate market. It likely comes as no surprise that the number of real estate...
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What’s ahead in 2011?

I don't usually get into predictions, but decided to share a few observations at the end of this year… The bottom fell out of real estate sales the last half of 2010...
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November Market Update

Pending sales have been pretty flat with a slight decline since their precipitous drop at the end of the federal tax credits last spring. In November pending sales were close to where they...
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Twin Cities Economy Ranks 6th among US Markets

The Minneapolis-St. Paul economy in 2009-2010 ranks sixth in US metropolitan markets and 44th among 150 global markets, according to a recent report by The Brookings Institution. The report lists the Twin...
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Over 1/3 of Twin Cities mortgage holders owe more than their home’s current value

According to 3rd quarter Zillow market reports released this month, Minneapolis-St. Paul home values were down 28.2% from their 2006 peak… and 36.8% of home mortgage holders have negative equity in their...
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Buying a Short Sale

If you are searching for a home to buy there is a good possibility you have come across some short sale listings. They currently make up nearly 21% of homes available for...
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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.