Going . . . . Up! Fern Hill — and the Twin Cities’ — Evolving Housing Market

One Less Rambler Near the Lakes Continually replace the cheapest house on the block with the most expensive, and what happens? The block’s median sales price increases. Sometimes gradually, if the pace is slow. Or sometimes, quite rapidly, in the case of several high-demand pockets near the City Lakes right now. Thanks to such redevelopment,...
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Virtual Staging — Commercial Edition

Watch This Space Corner:  27th & Hennepin Or, “Before & After(??)” What’s going to take the place of the shuttered BP Amoco at the southwest corner of 27th & Hennepin in Minneapolis’ Uptown neighborhood? Judging by the “virtual” rendering commissioned by the broker marketing the site (see image in the lower left of the photo above,...
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Turnover & Older Neighborhoods

Renewal vs. Decline It happens to every neighborhood fortunate to get old enough (at least in the family-friendly Midwest): the original owners raise their kids, become empty-nesters, and downsize. All at once — or at least it can seem that way — the block is for sale. Is that an opportunity for Buyers? Like so...
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