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housing market

Housing Advice from Country Singer Maren Morris

“When the bones are good, the rest don’t matter Yeah, the paint could peel, the glass could shatter Let it rain ’cause you and I remain the same When there ain’t a crack in the foundation Baby, I know any storm we’re facing Will blow right over while we stay put The house don’t fall...
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Quick! What Do You Call a “Dedicated Homework Area” in the Upper Midwest?

“A Rose By Any Other Name?” “Alison Bernstein, the president of the Suburban Jungle real estate agency, based in New York City, finds that buyers are “highly focused on, how do we functionally work at home?” And that focus extends to work space for their children. “Dedicated homework areas are very, very popular,” Ms. Bernstein...
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The Limits of Sales Incentives

If offering Buyers’ agents 2.7% ” the most common payout in the Twin Cities ” will motivate them to show a “For Sale” home, will offering 3% incentivize them even more? Why not offer 4%?!? Unfortunately for would-be home Sellers, goosing the payout to Buyers agents suffers from diminishing returns ” and at some point,...
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Housing Winners & Losers . . . in EVERY Market

The Four Types of Housing Market Participants, in One, Easy-to-Explain Graph Every housing market has its winners and losers. Every housing market. So, a decade ago, when the market was tanking, the big winners were first-time Buyers ” at least ones with (good) jobs and unblemished credit. With rock-bottom prices and an ocean of inventory,...
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Knowing When to Flush Negative Showing 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 full price or very close ” typically collect more “Nay’s” than “Yea’s” from prospective Buyers. But it’s...
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What’s the Highest Point in Hennepin County?

There sure seems to be some confusion on that, umm . . . point. I’m aware of at least three different properties in the west ‘burbs none close to one another that all claim that status. For the record, according to Hennepin County’s website, the highest spot is located on Williston Road near High Point...
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