Begging 2 Questions I don’t recommend using adverbs like “currently” in combination with the word “listed,” because it begs (at least to my mind) two questions: 1) “what did it use to be listed at?”; and 2) “what will it be listed at after the (next) price reduction?” Better to make a firm, declarative statement.Read More
50% Off Original Ask There may be another home in the Twin Cities that’s been on the market longer, or has been discounted more from its original asking price than this one. But if so, I’m not aware of it. Originally listed at $1.395M in September, 2007 (yes, that’s 32 months ago!), this postcard-pretty 1937...Read More
A Tale of Two Homes Where: 29xx Benton Blvd, just southwest of Minneapolis’ Cedar Lake What: 4 BR/4 BA; 3,100 FSF Colonial built in 1939 How much: sold for $641k (July ’09); originally listed for $925k (April, ’08). Tax assessed value: $849k. Not convinced that overshooting on asking price can boomerang on a Seller (especially...Read More
Sizing Up (What’s Left of) the Summer Market Maybe it’s just the unseasonably cool weather prompting thoughts of Fall(!), but here’s how I see the Twin Cities housing market shaping up between now and Thanksgiving, when things traditionally slow down. Basically, I think the sub-$500k market has different qualities before and after Labor Day (housing...Read More
