Someone who’s interested in this house ” and isn’t afraid it will sell first ” might plausibly sit tight a few more weeks (days??), and see how much lower the Seller will go. —City Lakes Real Estate Blog (June 9, 2012) In a post last week, I noted the aggressive pattern of price reductions (below) on...Read More
Lake Harriet Stunner Buying a gallon of milk isn’t an emotional experience (unless, perhaps, you shop at Whole Foods). Buying a home is. I can’t think of anything more emotional (or dramatic) than a beautiful home photographed at dusk, like the one above just off Minneapolis’ Lake Harriet. I’m showing it to clients later today...Read More
Table for Two Fifty Given that the Kitchen in this home measures 27′ x 10′, I suppose the longest the table (above) could be is 27 feet (make that 23′ or 24′, assuming you actually wanted to walk around it). Now, ask yourself whether that’s how long it looks. Nope, not to me, either.Read More
Where: 5550 Clinton Ave. in South Minneapolis, just northwest of Diamond Lake. What: renovated 1885 Victorian with 4 BR/4 BA and 4,500 FSF. How much: $1.1 million. When: on market May 9. Who: listed by Edina Realty’s Daren Jensen. You might expect to find a library like the one pictured above in a Lowry Hill mansion,...Read More
Days on Market: 5 Status: “Sold, Subject to Inspection” A good chunk of my weekend was spent negotiating a deal on my new listing at 3806 W. 32nd St, a 2,400 FSF townhome by Lake Calhoun in Minneapolis that backs up to the Midtown Greenway. Everything was signed, sealed and delivered late last night; I...Read More
That’s One Helluva Price Reduction $83 million-plus price reductions — at least in the Twin Cities — do tend to catch your eye. The obvious explanation in this case (for a condo in the former Whitney Hotel along the Mississippi)? Data entry error. The correct — and MUCH lower asking price — popped up on MLS about...Read More
