Day

March 17, 2010

Price Opinion — or "Pot Shot?"

Informed vs. Uninformed Feedback “Pot shot”: a critical remark made in a random or sporadic manner. –Merriam-Webster Dictionary As I’ve blogged previously, experienced Realtors usually welcome feedback from other Realtors (even if they can and should anticipate what it’s going to be). Ultimately, of course, that feedback is shared with the homeowner/client. Even when a...
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Twin Cities Market Snapshot — March, 2010

Today’s Buyers: Looking for (Affordable) Cream Puffs My quick “snapshot” on the Twin Cities housing market as of St. Patrick’s Day, 2010? It continues to be a schizophrenic market, in which the lower end — defined as under $200k for single family detached — is selling (too?) briskly, and values are hard to find. I...
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"Bidding War" Dynamics Shift

Sellers Fret Over Scaring Off Buyers Interesting tidbit from today’s Wall Street Journal (my paraphrase): Whereas a few years ago the two rival Buyers might have been drawn into competitive bidding, this time the Seller “concluded that the risk of the first Buyer terminating its discussions with the Seller outweighed the benefits” of soliciting an...
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