What Do You Call the Opposite of Online Sales? Amazon has marched into every arena of commerce, building moat after moat — logistical, financial, customer service — to keep its rivals from catching up. It expanded into selling its own wares, into physical retail, entertainment and into all manner of home monitoring devices. And it...Read More
“The More Things Change” Department Once upon a time, when I started selling real estate in 2002, the worksheet that Buyers and Sellers signed at closing was simply known as . . . “the settlement statement” (or just the closing worksheet, to avoid any jargon). Then it became the “HUD-1” (HUD stands for “Housing and Urban...Read More
Touting Proximity to Light Rail . . . 3 Years Early! Owners loved living here and the neighborhood with nearby park, walk to Cedar Lake Beach, and 3 block walk to the 2023 West Lake Station of Green Line SWLRT.” –Excerpt, “Public Remarks” field on MLS. The Twin Cities’ new light rail line may be...Read More
I don’t know about other housing markets, but at least in the Twin Cities, it’s not customary to include floor plans in MLS listings. In fact, I’d estimate that fewer than 1% of all listings have them. The two exceptions I’m aware of: 1) new construction, especially upper bracket and condo’s; and 2) homes with...Read More
The $1.990 Million Potential Tear-down in Edina’s Parkwood Knolls Neighborhood One of the biggest misconceptions in residential real estate is that, to be a teardown, a home must first be falling down. Hardly. All “tear-down” means is that the home is less valuable than the land underneath it. That can be the case for at...Read More
