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Housing Market Trends

“Dear Bigos Management”

Some Free Public Relations Advice To:  Bigos Management From:  Ross Kaplan, local Realtor and CIDNA homeowner Re:  Your proposed Lake Calhoun development Date: 4/21/2012 Dear Bigos: I’ve seen your company’s (very impressive) plans for 2622 West Lake Street, and share your enthusiasm for building on one of the Twin Cities’ choicest and best-located undeveloped parcels. Such an...
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So, Exactly HOW BIG is That Living Room?

  Looking at the photo above, you’d think the far end of the Living Room was a country mile away. It’s not. According to MLS, the room is 22′ long.
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The Virtue of a Sloppy Signature

Great penmanship may be an asset in many walks of life, but it can be a decided disadvantage at a real estate closing, especially if one party to the transaction has pre-signed. Then, the closer must determine that there’s an exact match between the absent party’s signature, and the document authorizing a representative to sign for...
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“First Time on the Market in 57 Years!”

I certainly know what the listing agent is trying to achieve with that language:  the home represents a rare purchasing opportunity, so Buyers had better hustle or risk missing out (for another 57 years?!?). In practice, however, my association with the above — and I suspect most Buyers’ as well — is that the home...
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“The Right House at the Wrong Time = the Wrong House”

Letting Buyers Off the Hook What do you do as a Buyer if you really like the first (or second) house you see, only to be told a couple hours after you went through that it’s in multiple offers, and that you have until 8 p.m. that night to make an offer? Scenario #2:  you need a bigger house,...
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“Have a House/Need a House”

Just Don’t Call it a “Shadow Market” What:  Cash Buyer looking for a 3 BR/2 BA Craftsman Bungalow near the Lakes with all the “goodies” :  built-in’s + original character, updated Kitchen and Baths, 2-car garage; upper level Master BR.  Linden Hills, Fulton, Kingfield, Bryn Mawr, Minikahda Vista all OK.  Price:  up to low $400’s....
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