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housing market

“What’s a ‘Brass-ectomy?'”

No, It Doesn’t Hurt What’s a “brass-ectomy?” One local Realtor’s term (not mine) for updating all the cabinetry hardware — usually concentrated in the Kitchen — to give the home a more modern look. For my (and my client’s) money, that’s one of the most cost-effective things Sellers can do to inexpensively increase their home’s...
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“Mud Room” — or “Clutter Room?”

[Your Caption Here] The caption accompanying this MLS photo is titled “Mud Room.” However, I suspect most prospective home buyers will substitute their own (less flattering) label. See also, “staging to sell.”
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“Sunk Costs” and Underwater Homes

Homes That Can’t Be Bought or Sold “Sunk Cost“:  A cost that has already been incurred and thus cannot be recovered. A sunk cost differs from other, future costs that a business may face, such as inventory costs or R&D expenses, because it has already happened. Sunk costs are independent of any event that may...
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Sunday Open House Multiple Choice

The Real Purpose of Sunday Open Houses Test your knowledge of Realtor open houses — the ones on Sunday, not Tuesday (also called “Broker Open’s”) — and answer the following multiple choice question. The real purpose of Sunday open houses is to: A. Let the neighbors through, so they can recruit their family and friends....
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“Hmmm . . . I Wonder Why They’re Calling?”

That Time of Year I don’t profess to know where the housing market is headed in the short run (Psst!  Neither does anyone else). However, if you sold a house through me last year, and just left me a message, I’ve got a pretty good guess what it’s about. That would be the HUD-1, or closing...
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Sunday Morning Snippets — Uptown Edition

Blog Bartering Thanks to Sunrise Cyclery at Bryant and Lake Street in Minneapolis’ Uptown neighborhood. First for being open at 10:15 a.m. this morning (all the other Uptown bike shops apparently open at noon on Sunday); and second, for adjusting my 9 year-old son’s bike at no charge. Hey guys, how about a free plug instead? ...
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