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Home Value

Discounting (Home) Negatives: Is it already in the price?

Maybe, But Not Because the Listing Agent Says So Stock market investors are accustomed to analysts who discuss a company’s prospects, and recount a long list of negative or at least worrisome issues. But then they slap a “Buy” rating on the stock, anyways, because they believe “the bad news is already priced in” —...
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Today’s Buyer: A Composite

What Do Today’s Home Buyers Look Like? Contrary to popular opinion, home buyers are not an endangered (or extinct) species. Two of my clients just purchased homes, and three more are actively looking. So what generalizations can you make about them? They have many (if not all) of the following four attributes: One. First-time Buyers....
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Spotlight on Value: 2905 Benton Blvd.

Where: 2905 Benton Blvd, MinneapolisHow much: $739,900Tax value (’09): $849,900Original asking price: $925,000Originally on market: 4/28/09 One year ago, this home likely would have fetched in the mid-$800’s (I should know: I sold a very similar home, with fewer updates and farther from the lakes, for $790,000). Fortunately for my Seller, at the time Benton...
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