Not Just for Hairdressers It’s WAY too early to pronounce it a trend, but . . . I am noticing selected remodeling projects around the (Minneapolis) Lakes where the homeowner is using copper to punch up the home’s exterior appeal. The most popular applications: roofs, chimney caps, and downspouts. I don’t see residential buildings doing it...Read More
Trends for 2010: SUV-sized Fridges Here’s an early 2010 housing and home style prediction: smaller homes and bigger . . . . refrigerators. Really. It’s got nothing to do with Americans being increasingly overweight (obviously true); average household size getting bigger (the opposite is true); or even Thanksgiving approaching (that’s just a seasonal blip). Rather,...Read More
“Great Room Lite” (And Other Trends) Where: 4615 Wooddale (in Edina’s Country Club neighborhood)What: new Federal Colonial Revival with 5BR/6BA and over 5,000 FSFHow much: asking price – $1,995,000When: on market nowWho: list agent – John McDonald; broker – Edina Realty One of the fun things about upper bracket “spec homes” is that they collect...Read More
Recession Housing Trend: Doubling Up? Families around the country are weathering the recession by hunkering down with relatives and friends . . “I’d rather be home if I’m going to be broke,” said [one person who moved back home]. Kris Haher, “Homeward Rebound: Weathering the Storm With Kin”; The Wall Street Journal(4/7/09) If you don’t...Read More
January Numbers: Down 7.7% According to the National Association of Realtors (“NAR”), pending home sales fell 7.7% in January. A home sale is considered “Pending” once the inspection contingency is removed, but before the Buyer’s financing is finalized and the title is transferred at closing. In a typical deal locally, the interval between a “Pending”...Read More
