Market

October Market Update… traditional sales and prices soar over recent years

Twin Cities 2014 real estate sales have spent the year lagging behind the high levels of last year, but October 2014 sales were very close to 2013. It's easy to...
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September Market Update… new listings and prices ahead of last year, sales lag behind

Real estate sales data for September 2014 shows the continuing trend of new listings and prices ahead of last year but sales behind last year… resulting in a growing supply...
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It’s Autumn! 3 reasons this is the best time of year to buy

Fall has officially arrived and the leaves are starting to turn… a sign that we are moving into what I have long thought to be the best time of the...
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August Market Update… prices remain strong

According to August 2014 sales data recently released by the Minneapolis Area Association of Realtors, prices remain strong. Median sale price reached the low range of 'Bubble' years in June....
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July 2014 Market Update… days on market hit low

In the Twin Cities real estate market, July 2014 average days on market until sale were 68… the lowest since the Minneapolis Area Association of Realtors started recording this metric...
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What housing type is in shortest supply? Houses, townhomes or condos?

Buyers and sellers of all housing types have been affected by the shortage in the housing supply, but buyers and sellers of townhomes are likely to notice it the most....
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Signs of an up and coming neighborhood

If you are looking for a neighborhood likely to be on the up-swing, here are some of telltale signs of a soon-to-be hot real estate market.  On-trend businesses are moving...
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June 2014 Real Estate Update… median sale price finally touches pre-bust levels

For the first time since 'the bust', median sale price reached pre-bust levels. How long it stays in that range remains to be seen, but it is encouraging to see...
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Sharon and John Hensrud

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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.