Rising Rates Deter Home Buying & Selling, Right? Not Necessarily (and, who says they’re rising??) “Now that interest rates have begun to turn up from their historic lows, the housing market may face a problem called “the lock-in” effect, where homeowners are reluctant to move, since moving might entail taking out a new mortgage at...Read More
Big Rambler . . . Big Lot . . . Big Upside Where: 2508 Joppa Ave. South just west of Cedar Lake. What: Sprawling 4 BR/3 Bath Rambler with over 3,500 finished square feet on a gorgeous, 80′ x 147′ lot. How much: $589,900. When: on the market . . . this afternoon! Who: listed...Read More
32(!) Offers for One House Rampant multiple offers were a staple of the 2005-2006 housing market, too. But back then, at least in my experience, once the listing agent had received 4-5 offers, other prospective Buyers tended to bow out rather than contribute to the feeding frenzy. Today, that no longer seems to be the...Read More
Big Rambler . . . Big Lot . . . Big Upside Where: 2508 Joppa Ave. South just west of Cedar Lake. What: 4 BR/3 Bath Rambler with over 3,500 finished square feet on a gorgeous, 80′ x 147′ lot. How much: $589,900. Who: listed by Ross Kaplan, Edina Realty – City Lakes. Create your...Read More
Pre-List Networking Caveats & Catches In a super-tight, super fast Twin Cities housing market — at least at lower price rungs — aggressive, proactive Buyers’ agents are increasingly turning to pre-list networking to find ideas for their frustrated clients. The catch? Actually, there are three: One. Price. Especially in a rising market, at least a few...Read More
“Come Into the Office” (“CITO**”) and Other Realtor Lines ‘Cause if you liked it, then you should have put a ring on it If you liked it, then you should have put a ring on it Don’t be mad once you see that he want it If you liked it, then you should have put...Read More
