Market

Is a new housing bubble forming? 6 reasons why that isn’t likely right now

A client I met with recently said he had decided it was time to sell, and mentioned the possibility of a new housing bubble. With strong home value appreciation he...
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Minnesota one of the top states where homes are selling in less than 30 days

According to info from the National Association of Realtors, Minnesota is one of only a few states where homes sold in less than 30 days last month. If you talked...
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March 2016 real estate market update… inventory 20.6% below last year

New listings are trending straight up as they should be at this time of year, with March 2016 almost the same as last year according to data recently released by...
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Afraid to sell for fear of not finding something to buy?

It's the classic story of which comes first… the chicken or the egg? Inventory is short because there aren't enough homes listed for sale, and some sellers are holding back...
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February 2016 real estate market update… more sellers listing homes, more needed

I feel like a broken record, but the biggest obstacle in the real estate market right now is lack of inventory. According to data recently released by the Minneapolis Area...
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January 2016 real estate market update… it’s a seller’s market

It seems everyone one I encounter asks me how the real estate market is doing. My answer is we have a hot market… the only thing holding sales down is...
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2015 Annual Twin Cities Housing Market Review

When it was 2015, it was a very good year for the real estate market… including buyer activity reaching a 10-year high and days on market reaching a 10-year low....
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December 2015 Market Update… supply of homes for sale bottoms out!

2015 was a booming year for real estate, with housing demand reaching a 10-year high. Unfortunately, new listings aren't keeping up with demand and supply took a nose dive in...
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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.