You Know They Know You Know (Know What I Mean?) Not all overpriced homes are created equal (and today’s housing market seems to have more than usual). In fact, it sure seems (at least to me) like they divide into two camps: 1) Sellers who are overpriced and know it; and 2) Sellers who are...Read More
From (Big) Premium to Discount Three years ago — give or take — there was a HUGE premium for a jumbo mortgage (over $417k in most markets) relative to a conforming one. As I recall, the spread was something like 150 basis points. Translation: when conforming rates were 4%, jumbo’s were at 5.5% — assuming...Read More
. . . 2013 Kitchen on the Inside! Where: 1045 Thomas Ave. South in Minneapolis’ Bryn Mawr neighborhood. What: 5 BR/4 Bath Tudor with 3,500 FSF. How (much): $749,500 When: listed April 2 (two days ago). Who: listed by Daren Jensen, Edina Realty. Unlike, say, Linden Hills, Minneapolis’ Bryn Mawr neighborhood can throw people. For starters, there are...Read More
Want two free tix to the Minneapolis Remodeling Expo (April 19 – 21) at the Minneapolis Convention Center? Shoot me an email with your name and address, and I’ll pop ’em in the mail! First come, first served . . .Read More
