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Edina Realty City Lakes

Real Estate’s Invisible Hand

Lots of Hats: The Office Manager’s Role What makes you think I got out of social work? –Josh Kaplan, Edina Realty- City Lakes Office Manager (and former social worker) If you’ve ever bought or sold a home through an agent who works for a big broker (Edina Realty, Coldwell Banker Burnet, etc.), your deal was...
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1st Open Sunday!

South Tyrol Hills Sleeper! Where: 1340 Fairlawn Way, in Golden Valley’s South Tyrol Hills neighborhoodWhat: Sprawling 4 BR/3 Bath Mid-Century Split-Entry with almost 3,600 finished square feet — including a 600 (!) sq. ft. Great Room.How much: $444,900When: market time — 3 daysWho: listed by Ross Kaplan, Edina Realty – City Lakes If you’re looking...
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Slowest Weeks of the Year

Showing Statistics The bad news? This is the slowest part of the year for the housing market. The good news? The three slowest weeks of the year are now behind us. In order of showing activity (most to least), they are: 3. The week straddling New Year’s2. The week straddling Thanksgiving1. The week straddling Christmas...
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Slowest Week of the Year

Christmas Vacation — for the Housing Market, Too It’s official: last Monday thru Sunday (Dec. 21 – 27) was the slowest week of the year. Just as it was last year, and the year before. My office — Edina Realty City Lakes — recorded 44 showings for that period. By contrast, the peak period in...
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Closings Up, Showings Down

Typical Late August My office, Edina Realty City Lakes, tracks weekly statistics by several categories: new listings, showings, pending sales, closings, etc. From a peak of almost 300 showings earlier this month, weekly showings are down about 50%. Meanwhile, closings — which reflect activity 6-8 weeks earlier — are WAY up. Typical late August ....
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The Low-End is HOT!

No “Extra Innings” — Promise Where: 38xx 37th Ave. South, in Minneapolis’ Longfellow neighborhood When: listed yesterday (Aug. 3) What: 2 BR, 1 BA home built in 1914. Who: listed by Kathleen Doyle, Edina Realty City Lakes How much: $91,900 Want an indication of how intense Buyer activity is at the lower end of the...
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