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
Chris Snowbeck’s Pioneer Press Article Check out Chris Snowbeck’s piece in today’s Pioneer Press parsing Case-Shiller’s September numbers, “Twin Cities home prices climb 1.8%.” As always, Chris does a nice job teasing out the cross-currents baked into the monthly numbers. His piece finishes with a discussion of “strategic defaults,” including a quote from yours truly....Read More
Chris Snowbeck on Hijacked Listings Chris Snowbeck has a nice piece on hijacked listings on the Pioneer Press’ Web site today. He goes beyond my posts on the subject with quotes from a few good, industry sources, and provides nice background and a national context. He also credited me with flagging the subject on this...Read More
Twin Cities Motivated Sellers The Twin Cities ranked seventh among the 50 largest cities in the U.S. in terms of the share of reduced-price listings, with 34% of for-sale listings in the 13-county metro area [seeing] price reductions as of Sept. 1. The size of the average price reduction in the Twin Cities was 9...Read More
Local Reaction to Case-Shiller Numbers Apparently, Case-Shiller’s March statistics showing a 6% drop in Twin Cities house prices provoked a range of reaction, including some questioning its accuracy. Chris Snowbeck’s piece in the St. Paul Pioneer Press today, “Home Prices Dive — With an Asterisk,” does a nice job cataloguing the responses (including a quote...Read More
“Are the Case-Shiller Numbers Right?” Chris Snowbeck at the St. Paul Pioneer Press is soliciting local Realtor and lender feedback to the latest Case-Shiller housing statistics. The (absymal) March numbers showed a record one-month fall of 6% in the Twin Cities. Snowbeck’s question to the “experts” (myself included): ‘are the Case-Shiller numbers accurate?’ Here’s what...Read More
