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Housing Market Trends

You’re Invited! Lake Calhoun Wine & Cheese Thursday Night (9/20)

Wine, Cheese — and Stunning Skyline Views Where:  3150 Calhoun Parkway West #402 on the northwest corner of Minneapolis’ Lake Calhoun. When:  6:30 p.m. to 8 p.m. this Thursday (9/20). What:  Sweeping 2,700 square foot condo with 75 foot wrap-around balcony, exquisite custom finishes, and Owner’s Suite with His and Her .  . . everything!...
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2-Story Home Listed as 1.5 Story

“Man Bites Dog” — Real Estate Version, or Realtor Fish Stories I literally can’t count how many times I’ve seen a 1.2 story home billed as a 1.5 story on MLS (trust me, if you’re over 5′ 4″, the difference is significant).  See, “When is a 1.5 Story Not a 1.5 Story?”   And sometimes, I’ve...
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When is a Deal Officially a Deal?

Real Estate Legal Trivia That question is HUGE in residential real estate, for a number of reasons. The three biggest: One. The “Final Acceptance Date” — when the deal’s officially a deal — starts the clock running on the Buyer’s Inspection Contingency (Buyers typically have 3-5 business days to inspect, once the ink on the deal is...
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“Realtor a Cappella”

Playing musical instruments isn’t part of a Realtor’s job description, so what exactly is “Realtor a cappella?” Doing a listing presentation without any charts, flyers, or other handouts — and sans Powerpoint, too. Just the Realtor and you, sitting at your Kitchen table (or in your Living Room) discussing how the process works, fielding any...
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Home Sales With No Buyer’s Inspection

 Or . . . Maybe They Already Did(??)* How unusual is it for the Buyer to skip a home inspection? After a decade selling homes, I was just involved with my first deal — as a listing agent representing the Seller — where the Buyer waived the Inspection Addendum. For a home that was not in multiple offers. Extenuating...
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Garage/Driveway “Switcheroo”

The Challenge:  Corner Lot on a Busy Street As a general proposition, you can’t change a house’s location (at least not easily). While it can still be a challenge, it’s much easier to change the location of the garage and driveway. Why would you want to? If the driveway backed up to a busy street, and the house...
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