Housing Yellow — and Red — Flags Foundation Size: 1,700 AbvGrdFinSqFt: 2,300 BelGrdFinSqFt: 1,900 Total Fin SqFt: 4,200 –Excerpt, MLS listing What is the maximum number of finished square feet in the basement of a home with a 1,700 square foot foundation? You’d guess 1,700 square feet, right? In fact, the maximum...Read More
2012 Presidential Campaign “President Obama’s campaign has $88 million in the bank. Mitt Romney’s campaign has $30 million in the bank. The Obama campaign plus the Democratic National Committee has $123.7 million in the bank. The Romney campaign plus the Republican National Committee has $185.9 million in the bank. And that advantage is increasing month...Read More
Now, THAT’S Patience Just as broken clocks are accurate twice a day, an overpriced home that sits on the market long enough is likely — eventually — to be overtaken by the next market “up cycle” and once again be well-priced. So, I’m aware of a handful of active listings scattered through the Twin Cities...Read More
That’s One Awfully Clear Crystal Ball “Michelle Meyer, an economist with Bank of America Merrill Lynch, foresaw only gradual improvements in home values. She expected home prices to rise 2 percent annually in 2012 and 2013, with momentum gradually increasing later in the decade (emphasis added). At that rate, the average home price would regain...Read More
I’m a HUGE fan of aerial shots. And home sellers should be, too. They not only show off a larger home to full effect, but allow Buyers to see the (often stunning) physical setting. Kudos to the agent who spent the time (and money!) to get the great shot (above) of this $849,900 Plymouth home...Read More
From $0 to . . . . Infinite At least in frigid Minnesota, an in-ground pool can be a waste of a perfectly good backyard 8-9 months of the year. Unless, of course, the backyard happens to sit on a third or half-acre, in which case there’s plenty of room left over for swingsets, playing...Read More
