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Housing Market Trends

Spiking the Ball . . . on the 2 Yard Line

When Doesn’t “Sold” Mean “Sold?” When it comes to residential real estate, when does “Sold” not mean “Sold?” When it means “Pending” (as in, when there’s a big, bold “Sold” sign in front of a “For Sale” home). Huh?!? At least in Minnesota, once the Buyer’s Inspection has been removed,** the convention is to switch...
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When to Fire Your Realtor: Four Signs

Just because a home hasn’t sold doesn’t mean that the Realtor is doing a bad job. But, if your home is lingering on the market, it’s imperative to know why. Here are four signs that the problem may not be your home, but your Realtor. One. Mediocrity (or worse). Fortunately, egregious Realtor ineptitude is usually...
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Best Football Headlines, Take Two

Star Tribune Headline After Vikings’ Comeback Win: “Better Late Than Denver” “Harvard Beats Yale, 29-29” –Harvard Crimson headline (Nov. 23, 1968). Nothing comes close to the classic Harvard Crimson headline above (Harvard miraculously scored 16 points in the game’s final 42 seconds to tie arch rival Yale). But, kudos to hometown paper Star Tribune for...
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Explaining a TOO Quiet (for a Realtor) Sunday

Checking Your Teeth — and Your Voicemail Messages In retrospect, it DID seem a little quiet yesterday, even though I wasn’t hosting an open house, doing showings, or otherwise involved in a deal. The explanation? My cellphone’s voicemail was full. I found out when a client sent me an email. In contrast to a few...
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Qualifying Sunday Open House Traffic

Leads, Serious Leads . . . & Tire Kickers After hosting a couple hundred (thousand?) weekend open houses, I still learn useful things about Buyers ” as well as the home I’ve been hired to sell. Which is why I do ’em (vs. letting newer agents pinch hit for me). The most important insight? It’s...
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“On Golden Pond?” Sort Of

All Alone . . . in the Middle of 3 Million People OK, so “On Fuchsia Pond” doesn’t have the same ring to it as “On Golden Pond,” the 1981 movie starring Henry Fonda and Katherine Hepburn. And the body of water that’s pictured above and below left isn’t a pond — it’s Minneapolis’ Lake...
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