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Housing Market Trends

MLS Agent Remarks: “Update the Upstairs Owner’s Suite to Realize This Home’s Full Potential!”

Recognize This House Today? Me, Neither When the listing agent (OK, me) wrote the marketing verbiage above a year ago, I was contemplating a standard overhaul. You know, gutting the dated Owner’s Suite upstairs, opening up the almost 400 square foot space, and putting in a new, larger Master Bath. So much for my crystal ball....
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“Pending” vs. “Assessed” vs. “Payable” vs. “Levied” . . . Huh?!?

Best Advice to Home Sellers:  “Tell What You Know” (Whatever That Is) Homeowners can be forgiven for not knowing the difference between a special assessment that’s “pending,” vs. one’s that “levied” ” as opposed to one that is assessed and currently payable. Realtors have trouble keeping those terms straight as well. The best advice to...
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“You’ve Got Mail?” Not From Your Realtor on AOL

Avoiding a “Hillary Clinton Problem” For the second time in six months, I’m working with a client whose AOL email account is intercepting my Edina Realty emails as unwanted spam. Result: my client has to hunt down my emails in his “junk email” folder — once I tell him to look there! Like many Realtors,...
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94 Lakefront Homes in Twin Cities from $289.9k to $14.895 Million(!) (See Above & Below)

Almost 1,000(!) Twin Cities Lakes OK, so a home on Minneapolis’ tony Lake of the Isles is going to cost a teensy bit more than one on say, Grass Lake in South Minneapolis (never mind the property taxes). 🙂 But, with 13 lakes within its borders, Minneapolis offers a range of lakefront homes, both style-wise...
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Quick! Guess the Brightest and Darkest Times of Year in Minnesota (You’ll be Surprised)

“Summer & Winter Solstices?” Nope You might guess that the most brilliantly sunny time of year in Minnesota is the Summer solstice in late June, when the sun is at its highest and the days are longest (the sun actually sets at 9:03 p.m. on June 21, but dusk lingers till almost 10 p.m.). Similarly,...
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Why That Bedroom is 15′ x 12′, Not 12′ x 15′

Home Measurements & Real Estate Conventions Real estate marketing is all about “putting your best foot forward”: accentuating (but not lying) about a home’s strengths, while defusing any negatives (one of the best ways: tackle them head on, to get them out of the way). That applies to a home’s measurements, too. So, Realtors will...
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