2017 Twin Cities housing market

“So . . . How’s the [Housing] Market?”

Elevator Pitches for Realtors “A Recession is when your neighbor loses their job. A Depression is when you lose yours.” –Anonymous Yeah, Yeah, when acquaintances ask, “How’s the market?,” they usually mean the overall market — not, how I’m doing personally. Still, it’s hard not to let your personal circumstances color your take on things...
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Twin Cities Home Buyers (and Their Agents) Suffering From Multiple Offer Fatigue

Listing Agent to Buyers’ Agents:  “The Seller is Looking at an Offer Tomorrow Night at 7 p.m.” [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] When the listing agent tells interested parties...
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(More) Signs of a Hot Twin Cities Housing Market

List Price Multiple Choice This is a two-parter. Question #1:  The list price for this Twin Cities 4 BR/2 Bath 1950’s rambler — new on the market last Friday (3/24) — is . . . A. $219,900k B. $299,900 C. $425,000 D. $619,900 Answer:  “D.” Question #2:  the reason it’s likely to get that amount...
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