Q: When is a “new list” not new? A: When it’s a re-list. “‘Insanity’ is doing the same thing over and over again and expecting different results.” –Albert Einstein Late Winter in Minnesota is about melting snow, lengthening days (finally!), and — to Realtors — re-lists. Lots and lots of re-lists, especially this year. If you’re...Read More
How Much is Too Much Time on the Market? In most walks of life, qualities like patience and persistence are virtues. So when are they vices? In the housing market — at least one that’s not strongly appreciating.* That’s because homes that sit, unsold, for too long become shopworn. Buyers naturally start to wonder why...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
