Tag

off market

Winter Prep List — Home Seller Edition

Falling Trees . . . & Home Prices “If a tree falls in the forest, and there’s no one around to hear it . . . does it make a sound?” –anonymous Twin Cities homeowners know the drill:  each Fall, they need to turn off their outside water spigots; remove window screens; winterize (blow out)...
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Mid-January Bump in Housing Inventory: Return of the TNAS’s*

New Listing — Or Is It?? Would-be home Sellers who pulled their listing over the holidays typically wait for two things:  1) for the post-holiday period to pass, usually a few weeks into the New Year; and 2) mild weather (defined as mid-teen’s or higher in Minnesota in January). The last few days qualify, which...
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4 Post-New Year’s Deals; Average Market Time? .25(!) Days (Note the Decimal)

Pre-Market and Off-Market Sales Barely over one month into the New Year, my clients are in the middle of four different deals. Deal #1 is an expired listing that had been rented for the last year, where an interested Buyer popped up after Jan. 1 to inquire about the home’s availability. Fortuitously, the about-to-expire lease...
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Does “TNAS” Tweak Buyers’ Interest?

Sellers who want their homes off the market over the holidays can elect to switch their status to “TNAS,” for “Temporarily Not Available for Showing.” Normally, that serves to put the kibosh on showing requests. However, in the case of my listing overlooking Lake Calhoun, it seems to have had the opposite effect:  in the...
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What’s Selling: Hopkins

Days on Market: 12 Where:  301 13th Ave. North, near downtown Hopkins What:  3 BR/2 Bath stucco bungalow with over 1,800 finished square feet; nicely updated. When: listed 10/29; off market yesterday (11/10) How much:  asking $250k Who:  listing agents — Stacy and Christina Cranbrook (Edina Realty); selling agent — Nancy Bourland (Edina Realty) “We...
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Who’s Buying Houses for Cash?

Cash Buyers at Extremes of Market No, I don’t have any hard data backing me up. But anecdotally, at least, it seems like the two likeliest kinds of houses to be bought for cash these days are: One. Bank-owned foreclosures selling for bargain-basement prices — and in such tough condition no lender would accept them...
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