The “You Know it When You See it” Test While it’s true that every Mid-Century Modern home was built in the 1950’s (or thereabouts), it’s decidedly NOT the case that every home built in the 1950’s is a “Mid-Century Modern.” In fact, in real life, very few are. On MLS, for every home that I...Read More
U.S. Bank Stadium Hosts NCAA “Final Four” Tournament April 5-8 It’s not very often that 150 year-old cities sprout entire new neighborhoods. Yet, that’s the idea behind “Downtown East” in Minneapolis. Actually located southeast of Downtown — its boundaries are 35W (east), the Mississippi River (north), Portland Ave. (west), and 5th Street (south) — the...Read More
The “You Know it When You See it” Test While it’s true that every Mid-Century Modern home was built in the 1950’s (or thereabouts), it’s decidedly NOT the case that every home built in the 1950’s is a “Mid-Century Modern.” In fact, in real life, very few are. On MLS, for every home that I...Read More
When “Sold” Doesn’t Mean “Sold” At least in Minnesota, when you see a “Sold” rider above a “For Sale” sign in front of a house, it doesn’t mean “Sold” — it means “Pending.” Huh? The (admittedly confusing) convention is to pronounce a home that’s under contract and past Inspection — but not yet closed — as “Sold,” even though...Read More
“I Know What You Meant” Department: Contingent Offer Confusion Residential real estate is full of confusing, non-intuitive (if not counter-intuitive) terms. Like, the Realtor that the industry calls “the Selling agent,” once a deal closes, actually represents the Buyer (the agent representing the Seller is known as “the listing agent”). See, “Quick! Who Does the...Read More
Tax Assessed Value: $15 Million; Market Value: ??? Where: 3701 Wayzata Blvd. near border of Minneapolis, Golden Valley, and St. Louis Park. What: Nine-story, 400,000 square foot office building and 24 surrounding acres in an unparalleled setting close to city lakes, 394, and downtown Minneapolis. Who: owned by Target. When: for sale this Fall. How...Read More
