Market

March 2014 Real Estate Update… declinine in foreclosures impacts market

March 2014 real estate stats are in… with inventory shortages and rising prices both signs of the impact of the decline in foreclosures and short sales. Perhaps nothing illustrates it...
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February 2014 real estate inventory frozen below 2004

There have been only four winters recorded since 1870 with more subzero days than this year's 46 days below zero. That's more than a month, and the real estate market...
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January 2014 Market Update… sellers, it’s up to you!

The big story in the Twin Cities real estate market has been a continuing tale of falling inventory since its peak in 2007, and January 2014 marked a new low…...
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2013 Annual Twin Cities housing market… improvement continues, still breaking records

Annual housing market data for 2013 shows the Twin Cities market is continuing to not only improve, but also break inventory records. If you have been thinking of selling, your...
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December 2013 Market Update… it’s still all about inventory

The Twin Cities real estate market continues to be all about inventory… at the lowest levels since before 2004. I had hopes that the supply of homes for sale might...
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55+ housing market confidence continues to improve

Both home owners and builders in the 55+ housing market are showing increased confidence. Because of rising prices and increased home equity home owners are more confident in selling their...
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Record surge in home equity means more options for homeowners

Homeowners' net equity showed record growth nationwide for the 12-month period from third quarter 2012 to third quarter 2013, according to data released by the Federal Reserve. If you are...
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Median price holds steady in spite of typical holiday activity slump

November real estate market stats for the Twin Cities are in and while they show a holdiday drop in new listings… …as well as pending and closed sales… …median price...
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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.