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Twin Cities real estate market

November 2018 real estate market update… inventory finally ahead of last year

After years of declining inventory, new listings have increased over the same month last year for the fifth month in a row and we finally have a month where there...
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October 2018 real estate market update… new listings ahead of last year for 4 months in a row

After crying about a lack of new listings for what seems like forever, new listings in October 2018 were ahead of last year for the 4th month in a row, with...
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September 2018 real estate update… drop in months supply of inventory slows

There has been a lot of talk lately of a shifting real estate market, and while there isn’t a significant shift to a buyer’s market yet there are signs the...
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August 2018 real estate update… biggest increase in new listings since 2015

New real estate listings for August 2018 were 7.6% higher than the same month last year… the biggest percentage increase since April 2015! New listings showed an increase over last...
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May 2018 Real Estate Update… average sale price is higher than list price

For the first time on record, average sale prices in May 2018 were 2% higher than list price. That’s good news for sellers, and instructs buyers in how competitive the...
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March 2018 Real Estate Update… a never-ending story of inventory

As the seemingly endless drop in inventory continues it made me think of the never-ending snowstorm last weekend… it just kept falling, and falling, and falling. Months supply of inventory...
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My Property Taxes Increased, But I Disagree With the Assessed Value. Now What?

According to the Minnesota Department of Revenue, “Each spring your county sends you a Notice of Valuation and Classification. Three factors that affect your tax bill are: The amount your...
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Why Should You Go To the Parade of Homes? Minneapolis, MN

Many people think the Parade of Homes is just if you are in the market to build a new home; or to see the pretty decorations. Both of these are...
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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.