Long-in-the-Tooth Listings Even in a Seller’s market where listings vanish in the blink of an eye, they’re out there: homes that have been on the market, through rain and shine, winter and summer, seemingly year after year. What gives? Or perhaps more to the point, is there an opportunity to be had? “Days Years on...Read More
Late Fall Buying Opportunities, or, “Perils of Overpricing” This Cape Cod-style 1 1/2 story in St. Louis Park’s Fern Hill neighborhood originally came on the market almost six months ago, at $539,900. Now? The price just dropped again (yesterday) to $329,900 — down over $200k(!) from June, and a substantial discount from the tax assessed value...Read More
Golden Valley Best Buy Where: 1340 Fairlawn Way, in Golden Valley’s South Tyrol Hills neighborhood When: 1 – 3 p.m. this Sunday (Feb. 20). How (much): $343,000 — $87k(!) below tax assessed value (2010). What: Sprawling 4 Bedroom, 3 Bath Split-Entry with almost 3,600 finished square feet. Who: listed by Ross Kaplan, Edina Realty City...Read More
