Category

housing market

Word of the Day: ‘Dongle’

It Just Sounds X-Rated Apparently, the latest tech boomlet is designing small, portable hardware devices — called “dongles” — that plug into only slightly larger portable hardware devices, and let them do all sorts of new things. Like open up electronic lockboxes, to gain entry to “For Sale” homes.  See, “Weight Loss – Realtor Version.”...
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Now, THAT’s a Gorgeous Kitchen

Marketing Hyperbole.  Not. It may not exactly come as a shock that not everything in real estate marketing is “as billed.” So, the “mint condition” home isn’t quite, the “spacious Dining Room” is actually 10′ x 8′ (no one’s idea of roomy), etc. However, the Kitchen (above) truly deserves to be called “gorgeous.”
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Why Home Prices Are Rising Faster Than You Think

Stealth Factor:  ‘% of Original List Price Received’ “Sellers received an average of 95% of their list price, up 3.6% from July, 2011 and well above the 88.3% seen in early 2011.” –“The Skinny“; August 10, 2012 While everyone focuses on “headline” gauges of home prices — indices compiled by Case-Shiller, MAAR, etc. — they’re...
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Star Trib: ‘Home Builders Are More Busy’

That’s One Way to Put It  “Home builders are more busy, but mostly in more-established suburbs where lots are scarce.” –“Squeezing into the Suburbs“; Star Tribune (8/11/2012) What’s another (way to put it)? “Home builders are busier.” Sorry, I couldn’t resist.  But, hey!  They’re the professional journalists — not me!
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Caught in the Act

Toppling Realtor “Open House” Signs While it happens all the time, you almost never catch ’em in the act. What am I referring to? The practice of self-appointed neighborhood vigilantes (busy bodies?  cranks?) to topple Realtor “Open House” signs — in this case, directing Realtors to a hard-to-find Edina home hosting this week’s Exceptional Properties meeting....
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(Way) Upper Bracket Multiple Offers

Where: 2250 Delaware Avenue in Sunfish Lake. What:  4 Bedroom/3 Bath home with 4,500 finished square feet, built in 1870, and set on almost 19(!) beautiful acres. How much:  $2.5 million. When:  listed July 31. Who:  Seller represented by Karen Antone and Sheri Fine, both in the Edina Realty City Lakes office. Lest anyone (mistakenly) think that...
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