“You’ll Love the Office . . Exercise Room . . . Spare Bedroom . . . Bonus Room!” I just showed clients an Edina home with what looked to be an Amusement Room. A very underwhelming Amusement Room. The room was hard to access (down a half flight of steps at the end of a hall); had a vaulted ceiling...Read More
The Guy Who Gave Living With Your Parents* a REALLY Bad Name “Stupidity isn’t a crime. Still, it would be interesting to know who, at this particular poker table, on this particular day, was the fool.” –Michael Lewis, “Crash Boys“; Bloomberg View (4/24/2015) From what I know and read, I think it’s as likely that...Read More
Test your knowledge of residential real estate, and take a crack at this multiple choice question. What are possible explanations for a home being “TNAS” (Temporarily Not Available for Showing”) on MLS: A. A pipe burst, and the owner is cleaning up the mess; B. The owner is out-of-town for a few days, and doesn’t...Read More
Explanations and Silver Linings (or Not) for Defeated Democrats At least some Democrats seeking solace in the wake of Tuesday’s blowout Republican win are pointing to gerrymandered Congressional districts as the explanation. Exhibit A: liberal Austin, Texas, which is represented in Congress by no less than four Republicans — each of whom represents a district...Read More
Fewer Showings — But a Silver Lining, Too So far this Fall, the word amongst active listing agents (representing Sellers) is that showings are way down (that’s been my experience, too). If you want a benign explanation, blame it on the gorgeous Fall the Twin Cities has been enjoying thus far, keeping Buyers’ focus elsewhere...Read More
Putting (Too) Good a Face on Things? It’s a fact of (real estate) life: sales fall through. Buyers change their minds. Inspection issues come up. Buyers can’t get financing* (the honest explanation at least 80% of the time). When any of those (or other) unhappy events occur, listing agents have the demoralizing task of switching...Read More
