Twin Cities Motivated Sellers The Twin Cities ranked seventh among the 50 largest cities in the U.S. in terms of the share of reduced-price listings, with 34% of for-sale listings in the 13-county metro area [seeing] price reductions as of Sept. 1. The size of the average price reduction in the Twin Cities was 9...Read More
Hot Search Term(s): “Realogy Bankruptcy”; “Firing Your Realtor”Note to Readers: no, it’s not your imagination — I’ve been off-line for a few days. Family trip to Chicago; taxing foreclosure deal (that came to naught); and ramping up a new blog design (details to come). Question: What do parents (combined age: 95) of 3 kids (combined...Read More
Upper Bracket Woes Although Edina has been a housing standout in the current downturn, it, too, has pockets of excess inventory, and homes that have suffered serial price cuts — and still aren’t selling. Just one street in Edina’s Country Club section, Sunnyslope, now has six homes on the market, at prices ranging from $729,000...Read More
