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Housing Market Trends

More Home Offices = Boon for Cities?

Revisiting the “Home” in “Home Office” Want a little educated (Realtor) speculation? Extrapolating the trend for home offices, mobile offices, car(?) offices — in fact, everything but “office” offices — a secondary, follow-on trend seem inevitable. Namely, heightened sensitivity to one’s physical location — and prioritizing of same. Put it this way:  if you’re holed up...
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Are those from Vaneshia?

MLS Misspellings  “6 Panel Solid Cherry Doors w/Vanetian Bronze Hardware!” –Excerpt, MLS Listing I’m pretty sure that the listing agent meant “Venetian.” And no, MLS doesn’t have a spell-check function. P.S.:  For sheer real estate bloopers, it’s hard to top this one.
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“St. Louis Park Cinderella”

Dramatic Before and After(!) One of THE biggest (and best) home transformations I’ve ever seen is on display (or was, over the weekend) at 4221 Cedar St. in St. Louis Park’s Fern Hill neighborhood, as part of the Remodelers Showcase. The house hit the market just over two years ago as a forlorn rambler that looked...
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Realtor “Wet” and “Dry” Seasons

Realtor Payday Roller Coaster December, January, and February may be the rainy season in Florida, but it’s very definitely the dry season for Realtors. Especially Minnesota Realtors. That’s because from Thanksgiving through the Super Bowl is typically the slowest (chilliest?) time of the year for the local housing market. Because most transactions (at least in Minnesota) close six...
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Knowing When to Flush Negative Feedback

“It Only Takes One” Q: What do you call the person who finishes last in their medical school class? A. “Doctor.” It may surprise non-Realtors to hear that even well-prepped, well-priced homes — destined to sell quickly for close to full price — typically collect more “Nay’s” than “Yea’s” from prospective Buyers. But it’s true. In...
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Zombie People . . . Zombie Bank . . . Zombie Blog?!?

“Hey, Guys, I’m Over Here!” What’s a “zombie blog?” A blog that, weeks or even months after the last post appeared, continues to attract visitors. Exhibit A? The earlier incarnation of this blog. In fact, three months after switching from blogspot (“Model T”) to WordPress (“Porsche”), the older version of the City Lakes Real Estate...
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