Question #2: Good or Bad for Whom?? Is it good news or bad news that a home scheduled to be on “Broker Tour” ” essentially, open houses for local Realtors each Tuesday in the Twin Cities ” abruptly cancelled? Answer: it depends. It’s good news — at least for the Seller, if not frustrated Buyers — if...Read More
A Fern Hill Primer ” Plus, the Neighborhood’s Two Distinguishing Features There aren’t too many Twin Cities neighborhoods that include both 1950’s ramblers for $300k and ” less than one mile away ” custom, upper bracket Contemporaries with gorgeous views of Cedar Lake and the Downtown Minneapolis skyline commanding close to $3 million (for 2545...Read More
Sure, sure, “how many years someone has been in the business” is a rough proxy for how experienced a particular Realtor is. That’s especially so in a field where something like 90% of new entrants last less than two years. But, I’d argue, there are three other metrics that more accurately capture how seasoned/skilled...Read More
2019-2020 Minnesota Real Estate Contract Changes [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] Every August 1 (today!), the annual changes to Minnesota’s standard real estate forms go into...Read More
Not a Drive-By!!! What: 3 Bedroom/2 Bath Lexington-Riverside condo with 1,470 square feet, plus 3-Season Porch.** Where: in Lilydale (adjacent to Mendota Heights) on the Mississippi River, 5 minutes from the Airport. When: on the market Friday (5/17/19). How much: $265,000. Who: listed by Edina Realty – City Lakes’ Ross Kaplan. The brick-and-stone front of...Read More
Striking While the Iron Housing Market is Hot “Seller would like to close in early-mid September.” –MLS Agent Remarks, 9228 Decatur Ave. in Bloomington. The normal lag time from consummated Purchase Agreement to closing is six to eight weeks — faster if the home is vacant, the Buyer is paying cash, or both parties are...Read More
