Where: 4241 Basswood Rd. (Fern Hill neighborhood in St. Louis Park)Asking Price: $699,900Sold Price: $670,000Tax Value: $731,000Key Stat’s: 3 BR/3BA; 4,300 FSFMarket Time: one day (12/31/2008) “The reason dolphins have a reputation for saving drowning swimmers is that you never hear from the ones they push out to sea.”–Anonymous There’s no question that the housing...Read More
Housing Bear Market Brings OutTwo Kinds of Low Ball OffersAlthough they’re invariably upsetting to Sellers who receive them, not all low ball offers should be summarily dismissed. Especially in a housing bear market, there really are two kinds of low ball offers. The first kind is the stereotypical, “I’d like to steal your home in...Read More
