Market

June Market Update – in the midst of a turning point?

More than half of the economists, real estate experts and investment strategists polled by MacroMarkets last month said they expect national home prices to hit bottom sometime this year (majority...
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Is Estimated Market Value from the tax records a good estimate of what a property should sell for?

Good question. While Estimated Market Value can be useful as a benchmark, especially when comparing very similar properties, it is useful more as a guide to relative value than actual...
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The best time in history to buy a house?

One of the most compelling posts I read supporting the position that this is the best time in history to buy a home was posted the end of January by Dr. Steve...
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May Market Update – slow signs of recovery

Sales data released for last month shows we appear to continue on a slow road to recovery. Of course we won't really know how steady it will be until we see how trends continue, but...
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Is the buyer waiting game coming to a close?

At the end of the tax credit last year it seemed like buyers dropped off the face of the planet… and the total number of Twin Cities sales last year...
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April Market Update – number of homes for sale holds steady

Most of the real estate market reports focus on the difference between this year and last year, but that is such as apples to oranges comparison given the end of...
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Price reductions by zip code

Price reductions seem to have become the name of the real estate game this past year, and Minneapolis continues to lead the nation in being the quickest to slash listing prices....
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Minnesota has second healthiest housing market by state

Only my home state of North Dakota ranked above Minnesota in Lending Tree's recent list of the healthiest housing markets by state. They made their ratings based on five key...
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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.