Sharlene Hensrud's (shensrud) Blog

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How much do move-up buyers typically move up? Rule of thumb is an increase of about 50% in both size and price.That means if a buyer sells for $250,000 they might buy for $375,000… and if the home they sell is 1,500 sq ft, the home they buy might be 2,250 square feet.Move-up buyers often have mor...
Where you live can have a profound effect on you…if it doesn’t fit, your life can feel out of synch. You may not even realize it, but somehow being at home doesn’t refresh and nurture you as it should. This sense involves both interior and exterior space, and today I’m going to talk about your ex...
According to a new study by WalletHub which used 30 metrics, the top 5 best states for Millennials are: Washington, DC (highest percentage of Millennials already living there) North Dakota (lowest unemployment rate) Minnesota (highest Millennial homeownership rate) Massachusetts (highest percenta...
SEE NEW LISTINGS AS SOON AS POSSIBLEWith the shortage of homes available, buyers are constantly scouring new listings and often schedule showings the day a property is listed for sale. It is not uncommon for sellers to get an offer on their home the first day on the market.  If you wait a few day...
If you have ever wondered why a property listing shows up as Active, only has “C-SOAP” describing the listing you are likely not alone. It is one of those industry acronyms that not even all insiders understand!“C-SOAP“ means the property is sold Contingent upon the Sale Of Another Property.It us...
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 in March 2018 was 1.7 months, 22.7% below March 2017. That means it would take 1.7 months for the entire sup...
Baby Boomers talk a lot about downsizing. It can be very cathartic… resulting in the biggest reason I see for downsizing, whether or not you are Empty Nesters……FREEDOM! Freedom from taking care of a big house and yard Freedom from high energy bills Freedom from high mortgage payments Freedom to p...
Selling your home is a big undertaking… one which can be overwhelming. Here are some questions suggested by RE/MAX to help you get started… your Realtor can help you answer them! What do I need to sell my home – and what do I need to know? What are the most important factors when selling my home?...
Did you know that over 20 percent of homes are part of some sort of CIC (Common Interest Community)? The most common form of CIC is a condominium, but some townhomes and some single family developments are also part of a CIC with covenants and fees.When you make an offer on a property that is par...
The sellers of 5109 York Avenue South in Minneapolis bought their home nearly 11 years ago precisely because of the neighborhood… highly walkable, with good schools. They outgrew their home but stayed because they didn’t want to give up their amazing location and great neighbors. Only when they f...

Sharlene Hensrud

Realtor. Listener. Knowledgable. Patient.
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