October 1, 2010

"Calhoun Lake??" Is that by Isles Lake?

Neighborhood Expertise — and Lack Thereof Want a sure sign that a Realtor doesn’t sell much by the City Lakes? They refer to “Lake Calhoun” as “Calhoun Lake” in their marketing materials. Fish (er, Realtor) Out of Water It may be forgivable to confuse Forest Lake (the city 40 miles north of the Twin Cities)...
Read More

From $550k to . . . $166k

70% Off! Where: 30xx Colfax Ave. South in Minneapolis’ Uptown neighborhoodWhat: Uptown Triplex with 2,700 FSFHow much: $166,250When: listed yesterday (9/30) with Coldwell Banker Burnet Once upon a time — like 2006 — this Uptown property was listed for $550,000. Today, it can be purchased from its bank-owner for $166,250. It comes with a $7,000...
Read More

Glamour Shots — Housing Market Edition

The Fog-Enveloped House I’m not sure whether this photo is intended to convey cozy quaintness — or that the home is enveloped in low-lying fog. Either way, I don’t think the “fuzzy fringes” effect is especially helpful. While it can connote a sense of nostalgia (“it’s Grandma’s house!”), my (Realtor’s) association is with a dated...
Read More

"Last Chance to Buy This House Before the Price Drops Dramatically!"

Houses on the Verge (of Foreclosure) As sales pitches go, it’s not quite as lame as the infamous National Lampoon cover at right (“If You Don’t Buy This Magazine, We’ll Kill This Dog”). Still, you wouldn’t exactly label as “enticing” a house that sought to attract Buyers with this hook: “Hurry! Act now before the...
Read More