Where: 2537 Joppa, in St. Louis Park’s Fern Hill neighborhood, 2 blocks west of Cedar Lake. What: 1 1/2 story home built in 1950 with almost 2,000 finished square feet. How (much): listed for $285,000 When: market time = 2 weeks (listed August 27); scheduled to close Oct. 15 (currently “Pending” on MLS) Who: sold...Read More
When Less is More Guess how many Bedrooms and Bathrooms there are in this 3,000 square foot Fern Hill home: A. 3 BR/2 BA B. 4 BR/2 BA C. 4 BR/3 BA D. 6 BR/5 BA Answer: D I haven’t been inside, so I can’t say for sure. But you’d certainly guess that a home...Read More
Do You Canoe? “Not a drive-by” is one of the most over-used cliches in real estate. So how about “not a kayak-by” instead? On a kayak is how I encountered 2550 Burnham Blvd. yesterday, on the north side of the channel between Cedar Lake and Lake of the Isles in Minneapolis. Hey, Barry! You’re welcome...Read More
No Discount on This One In a Buyer’s market like today’s, it’s not unusual for gun-shy Sellers to want to “pad” their initial asking price. Their rationale? No matter where they set their initial asking price, aggressive Buyers are simply going to discount further from there. So, why not pick a listing price that “leaves...Read More
Tax Credit Countdown When: 4-6 p.m. today Where: 4121 W. 28th St (28th & Inglewood Ave. So.), in St. Louis Park’s Fern Hill neighborhood What: 4 Bedrooms (all up), 3 Bath 1937 Colonial with 3,000 square feet How much: $549,900 Who: listed by Ross Kaplan, Edina Realty City Lakes Will there be a burst of...Read More
Shadow Inventory . . . in the Same Building There’s been much talk of “shadow inventory” that wanna-be Sellers are poised to put on the market once conditions strengthen. We’re about to find out, because there are increasing signs that the lower end of the market is stabilizing, if not rising. In the meantime, the...Read More
