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Housing Market Trends

Open House as Hypothesis

“Nice Listing” What’s the best use of an open house — specifically, a Broker open for fellow Realtors? Selling the house would, of course, be delightful. But the highest and best use of a Broker Open — in my opinion — is actually for the listing agent to refine and focus their marketing campaign — and...
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The Camouflaged House

Do you see the house in the photo above? It takes a little focusing, but it’s there. New Realtors are constantly being told, “don’t be a secret agent.” I suppose a corollary for MLS photos is, “don’t make the home invisible.”
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“The Fussy Buyer Feedback Effect”

Where’s the Beef Inventory? In a post last month titled, “Inventory Glut?  Not in These Twin Cities Neighborhoods,” I related the surprising (and growing) lament amongst would-be Buyers and Buyers’ agents scouring various high-demand, local neighborhoods, only to find slim (or no) pickings. What accounts for that? Part of the explanation is that this year’s...
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Cold and Overcast in Mpls. Today? Not Online

“It’s Always Sunny in Philadelphia Minneapolis” Blue skies Smiling at me Nothing but blue skies Do I see –Irving Berlin, “Blue Skies” Ten or even five years ago, I would have checked the sky first thing this morning, and if it was cold and overcast like it is today, called my photographer to scrub and re-schedule (she’s...
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Slackers vs. Workaholics

T.G.I.M. Thank God it’s Monday. –What workaholics say In the same vein, I’ve got another one: Slackers say they’re going to the office — and sneak away to a bar. Workaholics say they’re going to the bar — and sneak away to the office. Guess which one applies to me . . . .
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“4+/3+/2+”

Real Estate (Too) Shorthand What is “4+/3+/2+?” A. NASA’s new, enhanced launch countdown B. A football snap count C.  Something you forgot in 8th grade chemistry D. Realtor lingo for “at least 4 bedrooms, 3 baths, and a two car garage.” Answer:  D.
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