“Jilting” Buyer #1 for Buyer #2 Topic A at this morning’s Exceptional Properties meeting was how to handle a deal that’s been verbally signed off on, when another, significantly stronger offer materializes before all the necessary signatures are in place. The scenario’s relevant because, in today’s slower market for upper bracket homes, by the time...Read More
Upper Bracket Woes Although Edina has been a housing standout in the current downturn, it, too, has pockets of excess inventory, and homes that have suffered serial price cuts — and still aren’t selling. Just one street in Edina’s Country Club section, Sunnyslope, now has six homes on the market, at prices ranging from $729,000...Read More
