Not Measuring Up? There’s no harm in touting that a home has an especially nice backyard, sits on a large or impressive piece of land, etc. However, the term “double lot” ” at least to me ” has a specific, defined meaning. Namely, it’s a least twice the size of a standard city lot. In...Read More
16 Days on Market? Or 6? I lasted posted about 5800 Dale Ave. in Edina at the beginning of the month, just after it debuted on the market, and before the first Sunday open house on Nov. 6. What happened next? Thanks to my client’s exhaustive prep, the right price, and aggressive marketing (including a...Read More
The Folly of Forecasting “It will fluctuate.” –Financier JP Morgan, when asked what the stock market will do. At least to me, forecasts by so-called experts invariably fall into one of three categories. One. Extrapolations of current trends (“same old, same old”). So, if housing prices nationally went up an average of 6% the previous...Read More
Thinking Outside the (Refrigerator) Box What do you do when your fridge ” and your extra fridge ” are overflowing with to-be-prepared Thanksgiving food? This time of year ” at least in Minnesota ” there’s literally an infinite “extra fridge” . . . . outside your door. Or in our case, inside the garage. After...Read More
Perplexed by “Plex” Here in the Midwest, a “triplex” has a specific, defined meaning: it’s an apartment building with three, legally separate rental units. Ergo, a duplex consists of two units, a fourplex, four, and so on. The units may either be side-by-side or stacked vertically — same (legal) difference. Number of Floors vs. Units...Read More
Realtor: “Don’t Call Me, I’ll Call You” “How about never? Is never good for you?” —New Yorker cartoon, showing two people scheduling a get-together. About 2-3 times a year, I handle a deal opposite an agent who seems to have a perpetually full voicemail box. Which begs the question: “is that on purpose, or are...Read More
