February 7, 2009

Westin Galleria’s "Edina Effect"

Edina’s ’08 Price Rise: Less Than Meets the Eye? Edina was the only community with more than 200 home sales last year that posted an increase in home sale prices. In 2008, the median sale price of Edina homes sold through the Regional Multiple Listing Service was $388,250, up 3 percent from 2007. Throughout the...
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Short Sale . . . Long Odds

Short Sale Multiple Choice My client made an offer November 17 on a South Minneapolis short sale (the lender(s) must agree to accept less than the outstanding mortgage balance). When did he hear back from the listing agent (representing the Seller)? a. November 29b. December 3c. December 21d. January 23 Answer: none of the above....
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