Just Listed: 2905 Princeton Ave. South in Fern Hill You might think a high(!) temperature today of 2° — never mind the windchill — would have a, umm . . . chilling effect on the Twin Cities housing market.🙂 Nope. As of late this afternoon, newly-listed 2905 Princeton Avenue South in St. Louis Park’s Fern...Read More
How Many Showings? Determining the right number of showings before making a purchase decision is a bit like asking, “how many dates before you get engaged?” In both cases, the right answer is: ‘until you know it’s the right one’ (house or person). Some lucky Buyers know from the first instant they walk through the door...Read More
. . . . Housing Market, That Is Never mind the heat and humidity the past week . . . how hot is the Southwest Minneapolis housing market? At least for well-priced, well marketed homes under $400k . . . very (hot). Instant Multiples The home at 3537 Aldrich — listed for $339,900 by Edina...Read More
“Location, Location, Location Price” What do you call a “For Sale” home with old carpeting; an ancient (60 amp) electric service that violates city code, and has to be fixed by the Seller after closing, as a condition of the deal; and a decades-old Kitchen, not to mention dated Baths? “Sold!” In two days, in...Read More
Fewer Showings — But a Silver Lining, Too So far this Fall, the word amongst active listing agents (representing Sellers) is that showings are way down (that’s been my experience, too). If you want a benign explanation, blame it on the gorgeous Fall the Twin Cities has been enjoying thus far, keeping Buyers’ focus elsewhere...Read More
Hot Property “Home needs some cleaning, painting and small repairs. Nice neighborhood and backyard.” –Agent Remarks; MLS Does a “For Sale” home’s condition matter? The short answer: yes — but price matters even more. Exhbit A Witness this 3 Bedroom/2 Bath Bloomington rambler, listed last week for $130,000. That compares with a 2011 tax assessed...Read More
