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Twin Cities real estate market

If the market is picking up, why is my home’s value going down?

The recent buzz in the real estate world is that the market is picking up, supported by March market data released this week.  Many homeowners also recently received updated tax estimated...
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The leading indicator of a housing recovery

If you look at housing prices it's easy to think the market is still in decline, but prices tend to be a lagging indicator. Think of the typical months it takes from...
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Months supply of homes for sale lowest since 2005

If you are searching for a property to buy and it seems like there aren't as many choices as there used to be you are correct. When measured by the...
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July 2011 Market Update… crossing over

July marks the month of the 'cross-over'… the month where instead of hanging below last year's sales we moved above last year's sales. While being 32.5% above last year sounds pretty...
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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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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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Weekly pending sales higher than mid-June 2010

This week's Twin Cities market activity report for the week ending February 12, 2011 marks the first time we have had more than 700 weekly pending sales since May 2010, near the...
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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.