Alternative to Pocket Listings: “Chaperoned” Showings Apparently, the way some agents persuade their selling clients to forego wide exposure on MLS and instead let them quietly market the home — presumably to their own Buyers — is by telling them that that’s the best way to cut down on curiosity seekers and other needless intrusion. No, it’s...Read More
What’s the difference between a “Tudor” and a “Revival Tudor?” As far as I can tell . . . none. In fact, “Revival Tudor” appears to simply be the more formal name for what everyone commonly refers to as plain old “Tudor.” Here’s a good working definition: “The essential characteristics of a Tudor Revival house...Read More
St. Louis Park’s Most Expensive Home (Still) If only because the Twin Cities doesn’t have many gazillion dollar homes, you seldom see six figure price reductions (more than $100k) on homes listed for sale on MLS. Which is why a $500k price drop yesterday on 2545 Huntington Ave. South — from $5 million to $4.5 million...Read More
The Goldilocks Market “Twin Cities Home Prices Best Predictor of U.S. Trends” —headline; U.S. News & World Report (7/30/2014) Call it the “Ohio” of the U.S. housing market. Just as Ohio voters seemingly choose the President every four years (or have, at least every election since 1964), according to Trulia, the Twin Cities housing market...Read More
Who Bears Legal Responsibility for Civilian Deaths in Gaza? [Editor’s note: if you read this blog for real estate-related content . . . skip this post. If you want my take on the horrible, depressing war occurring in Israel, Gaza, and the West Bank now, keep reading.] “Felony Murder Rule”: a legal doctrine in some common...Read More
Soft(er) Summer Pricing Housing market conventional wisdom is that Buyers have more choices — but pay higher prices — in the busier Spring market vs. waiting for Fall. Fortunately for Twin Cities Buyers (less so for Sellers), there are some early indications that that may not be the case this year. So, my Buyers —...Read More
