Tag

rising prices

Un-shooting the Messenger 2 Years Later, or, Not Lying to Get Listings

Housing Market, 2011 vs. 2013 I’m sure I’m not the only veteran Twin Cities Realtor who lost — at least temporarily — a prospective Seller sometime in the last 18-24 months relaying unwelcome housing market news. When I delivered the shocking — but accurate — information about prevailing prices at the time, the reaction I...
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Lack of Listings Hits . . uhh, Home

Bare Cupboards, or “Yes, We Have No Bananas” The big story in the Twin Cities housing market this year — besides infinitesimal interest rates and firming if not rising prices in many neighborhoods — is the lean inventory (hmm . . . do you suppose there’s a connection amongst all those things?). Metro-wide, listings are at...
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Why Home Prices Are Rising Faster Than You Think

Stealth Factor:  ‘% of Original List Price Received’ “Sellers received an average of 95% of their list price, up 3.6% from July, 2011 and well above the 88.3% seen in early 2011.” –“The Skinny“; August 10, 2012 While everyone focuses on “headline” gauges of home prices — indices compiled by Case-Shiller, MAAR, etc. — they’re...
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