Market

If I sell my home, will I be able to find another one to buy?

With historically low inventories homes have been selling so quickly and are in such short supply that many sellers who are planning to buy another home after they sell are getting...
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Minneapolis home values near LRT performed 62.7% better

Location near public transportation may be the new mantra. A new study recently released by the American Public Transportation Association (APTA) and the National Association of Realtors (NAR) revealed that nationwide,...
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Twin Cities price-to-rent ratio

Last year I did a post on how the price-to-rent ratio clearly pointed to buying over renting, with a ratio of 11.36. When a client texted me last week  to...
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Median list price increases as foreclosures decrease

February market stats are in and as is typical in the first two months of the year, activity was pretty stagnant compared to last month. Median sale price was $160,000 for...
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How does the Twin Cities housing market compare to other US cities?

Data compiled by CNBC for 28 US housing markets dramatically illustrates how all real estate is local, with changes in sales, prices, and inventory jumping wildly from market to market....
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Sales and prices are up, inventory is down… it’s a strong seller’s market!

January stats are in and shows that the market continues to improve, even in the dead of winter. Closed January sales have been steadily rising the last four years while...
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5 Reasons to Sell in 2013

Many potential sellers have been holding back, waiting for the market to improve… and it has been improving. Has it improved enough to make sense to sell this year? Here...
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Year End 2012 Twin Cities housing market statistics encouraging… but listings still needed!

Annual housing market data for 2012 came in at the end of last week with encouraging news to report. The number of closed sales was 48,641… the highest since 2005....
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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.