Beauty in the Eye of the Beholder Buyer When should a listing agent (representing the Seller) explicitly market that a home “needs cosmetic updates” (or the equivalent)? Less often than you might guess. Here are my three reasons why: One. The pictures tell the story. For years, websites like EdinaRealty.com have allowed an unlimited number...Read More
Beauty in the Eye of the Beholder Buyer When should a listing agent (representing the Seller) explicitly market that a home “needs cosmetic updates” (or the equivalent)? Less often than you might guess. Here are my three reasons why: One. The pictures tell the story. Most MLS’s allow 24 photos; websites like EdinaRealty.com effectively allow...Read More
Housing Market Leading Indicators What are the signs that a neighborhood is about to be christened that most coveted of labels, “up-and-coming?” One of my favorite bellwethers is (good) new restaurants (dare I say “trendy?”). Such enterprises are budget-conscious, so need to find parts of town with cheaper rent. But, they need to be close enough to...Read More
“You Know What They Meant” Dept. If a person (presumably a woman) can be well-accessorized, can a new condo building — in this case, a 34-story Denver tower called “The Confluence” — be well-amenitized? At least according to the builder, yes: “We’re looking for people who want to live in a highly amenitized building with tremendous views, close to...Read More
What Sellers Need: Patience . . . and Price Cuts Not every home on the 2700 block of Ewing Ave. South in Minneapolis is currently for sale. It just seems that way. In fact, on the west side of the street, there is now a stretch of eight homes where four are currently on the...Read More
A Tale of Two Cities Three Waterfronts [Editor’s Note: while I know my hometown, Minneapolis, quite well, I’m less familiar with Miami and Malibu. What I know about the latter two is based on brief visits and articles I’ve read.] While featuring different styles and sensibilities (not to mention very different climates), somewhat surprisingly, Minneapolis, Miami,...Read More
