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February 3, 2015

Compensating for a Buyer Contingency

Contingent vs. Non-Contingent Offers “We may be small — but we’re slow.” –Cal Tech football team slogan To be sure, carrying one mortgage today — let alone two — can be a big financial challenge, however temporarily. And it’s certainly less risky to sell your current home, before buying your next one. However . . ....
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Early 2015 Housing Market Captured in Six Arrows (Huh?)

Hungry Twin Cities Buyers Face Limited Inventory Want to know what’s going on in the Twin Cities housing market now in a nutshell? It’s all in the arrows: Employment/Job Growth:  ↑ Housing Inventory (Listings):  ↓ Showings:  ↑ Mortgage Rates: ↓ Mortgage Applications:  ↑ Rents:  ↑ Net it all out, and what emerges is a picture of...
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