August

15 Closings(!) Today at Edina Realty – City Lakes Title

“April showers bring May flowers.”

–old saying

“July deals bring (late) August closings.”

–real estate corollary

Combine a very slow-to-start Spring market, surprisingly low interest rates, and a looming month-end, at least for business (Fri., Aug. 29), and what do you get?

An exceptionally crowded closing docket.

Meanwhile, as for Realtors  . . . not so much. 

At least not unless they’re attending one of those 15 closings today.

P.S.:  Why not so many June deals in the Twin Cities this year?

The month was literally a washout, with a record-busting 10″ of rain then.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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