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Housing Market Trends

“Have a Nice Weekend?!?” Maybe Not THIS Weekend, If You’re a CPA

P.S.: “What’s a ‘Weekend’??” Starting Friday morning or even Thursday afternoon, I am used to seeing “Have a Nice Weekend!” appended to my incoming emails (I usually respond in kind). However, not THIS weekend, at least when I’m corresponding with the CPA who does my taxes. That’s because this weekend is “crunch time” ahead of...
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How Much of a Discount for No Central A/C?

Answer: It Depends on the Buyer ” and the House* It may be a surprise to people who associate Minnesota with year-round Arctic cold, but summers here ” while admittedly not long ” can be hot and VERY sticky. Hence the locals’ preference for central air conditioning. Which raises the question: if a home lacks...
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“Anything New Since Last Time?”

First Dentist Visit Since March How do you respond when your dental hygienist asks if “anything has changed” since your last visit? (in my case, that would be March 4, just over 4 months ago). You mean like . . .  –A global pandemic that’s already infected more than 3 million Americans, and killed almost...
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Runner-Up Home Buyer Lament: “But, I Would’ve Gone Higher!”

“Highest & Best,” Defined One of the more anguished ” and fruitless ” laments uttered by Buyers who just heard they lost in multiple offers is:  “But, I would’ve gone higher!” Then, they should have. The way “highest & best” works is . . . pretty much how you’d think. One round, highest and best...
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Quick! Who Does the Selling Agent Represent?

True or false: what Realtors call “the selling agent” once a deal closes represents the Seller (no, this isn’t another “Grant’s Tomb” question). Answer:  false. The agent who represents the owner/seller is called “the listing agent”; post-closing, the Buyer’s agent is referred to as “the selling agent.” Nomenclature Once you work in real estate sales...
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What Leadership in a Pandemic Looks Like

Profile in Courage Competence When the virus hit, neither Mr. Trump nor the federal government were technically in charge. Most of the decisive constitutional powers ” closing schools or ordering people to stay home ” lay with U.S. governors and mayors. But the President immediately assumed a leading role, coordinating regular exchanges between the governors,...
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