When It Won’t Work to Put Chocolate Chip Cookies in the Oven Kudos to Edina Realty colleague Eric Schiller, who hosted what was — at least to my knowledge — the first Sunday open house for a vacant lot, at 4032 Wayzata Blvd. in Golden Valley’s South Tyrol neighborhood. Here is Eric’s report: “I had...Read More
. . . . and the Antidote My mama told me…’you better shop around’ (Shop, shop around) a-whoa-yeah You better (uh-huh) shop around! (Shop, shop around) Uh-uh-uh –lyrics, “Shop Around”; Smokey Robinson Home Buyers-turned-mortgage borrowers know that it can pay to shop around on fees (note: stellar service and industry experience should be the other criteria)....Read More
. . . 2013 Kitchen on the Inside! Where: 1045 Thomas Ave. South in Minneapolis’ Bryn Mawr neighborhood. What: 5 BR/4 Bath Tudor with 3,500 FSF. How (much): $749,500 When: listed April 2 (two days ago). Who: listed by Daren Jensen, Edina Realty. Unlike, say, Linden Hills, Minneapolis’ Bryn Mawr neighborhood can throw people. For starters, there are...Read More
Realtor version of “Ready . . . Fire . . . Aim“ With Realtors starving for inventory in many U.S. housing markets at the moment — the Twin Cities very much included — it’s a logical, next step: Realtors so eager to land listings that they “jump the gun,” and start marketing homes they haven’t...Read More
“How’s the Market?” Which Market?? If you were under the impression that Downtown Minneapolis was all just one big, residential real estate market, think again. In fact, local agents regard it as five different sub-markets: 1) North Loop; 2) Mill District; 3) Northeast (across the Mississippi from downtown); 4) Loring Park (southwest of downtown); and 5)...Read More
New 2013 Continuing Ed for Realtors: “Contracts and Minnesota Distressed Properties” Investing types know that the one of the keys to divining markets is determining market psychology — then acting against it. Call it, “Contrarian Principle #1.” Noise vs. Signal Given Principle #1, it’s no surprise that figuring out exactly which signals reflect consensus sentiment is something of...Read More
