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holiday

Last Call for 2020 Housing Deals

“Only 61 53 49(!) Shopping Days Till Christmas!” Yeah, I know:  there are still officially 57 days left in 2020. But, that’s cutting it pretty close for would-be home buyers and sellers who want to close by the end of the year. Here’s my math: Thanksgiving week: subtract Thursday and Friday (Nov. 26 and 27). Christmas:...
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What Kind of Home Sells in Multiple Offers Near the Holidays? THIS Kind!

Sold in 3(!) Days — For Almost $43k Over List Price! Where: 140 Gleahaven Road, Wayzata. What:  4 BR/3 Bath mid-century Rambler with 2,800 finished square feet. When: closed November 30. How much: listed for $459,900; sold for $502,500. Who: listed by Carolyn Olson, Coldwell Banker Burnet; sold by Gregg Larsen and Mike Rosolanka, Coldwell Banker Burnet. In...
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Last Call for 2018 Housing Deals

“Only 61 53 46(!) Shopping Days Till Christmas!” Yeah, I know: there are still officially 53 days left in 2018. But, that’s cutting it pretty close for would-be home buyers and sellers who want to close by the end of the year. Here’s my math: Thanksgiving week: subtract Thursday and Friday (Nov. 22 and 23). Christmas: subtract Monday and...
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End-of-Year Housing Deal Deadlines: When 10 Days = 4 Days

“Calendar Days” vs. “Business Days” [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] In general, there’s been a trend (at least in Minnesota) towards lengthening the inspection and document review...
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Respecting a Holiday Weekend . . . to a Point

“Thank God It’s Monday”:  What Workaholics (and Busy Realtors) Say If you are a busy Realtor in the middle of a deal over New Year’s (I qualify), it’s a genuine conundrum:  when are you intruding on your client’s downtime, and when is contacting them fair game? Judging by the activity in the Edina Realty –...
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Is the Seller’s Price Soft? Two Ways to Find Out

Do-it-Yourself Price Reductions “If a tree falls in a forest and no one is around to hear it, does it make a sound?” Approaching the holidays, many would-be home sellers are loath to take a price reduction, even if there’s abundant evidence that that’s overdue. Why? They know that — with fewer Buyers active —...
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