Market

Market Update – October Stats

October stats released this week reflect the same trend we have been seeing all year, with the 16th consecutive month of year-over-year increases in pending sales. Last year's closed sales showed...
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3rd Quarter Foreclosure and Short Sale Market Update

The total number of lender-mediated homes for sale has dropped by about 60% since third quarter last year, but they still make up about one quarter of total inventory (25.2% vs...
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Market Update – September Stats

September stats are in and closed sales for the month were virtually the same as last year…which were abnormally high as buyers flocked to take advantage of 100% financing before it went...
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Market Update – August Stats

The number of closed sales in August declined from July as is typical, but the number was still higher than either of the last two years….and pending sales, which become future closed sales, were ahead...
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Market Update – July Stats

The number of closed sales took another leap last month, according to July statistics released by the Minneapolis Area Association of Realtors. Not only were July closed sales about 26%...
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Is the window of opportunity closing?

This week's market report from the Minneapolis Area Association of Realtors  indicated that sales continue to be ahead of last year and new listings continue to be behind last year…resulting in...
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2nd Quarter Foreclosure & Short Sale Market Update

The number of foreclosure and short sale properties available for sale in the Twin Cities has continued to dramatically fall after months of rising, as illustrated in this chart published...
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Market Update – June Stats

All those pending sales this spring have finally caught up with closed sales. According to June statistics released by the Minneapolis Area Association of Realtors, both pending and closed sales...
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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.