1 Picture = 1,000 Words Not every garage billed as a three car garage on MLS comfortably accommodates three cars. Perhaps to dispel any Buyer skepticism, the listing agent included the photo above. Certainly looks like a 3-car garage to me ” with some extra overhead storage, to boot! See also, “That Garage is HOW...Read More
Putting (Too) Good a Face on Things? It’s a fact of (real estate) life: sales fall through. Buyers change their minds. Inspection issues come up. Buyers can’t get financing* (the honest explanation at least 80% of the time). When any of those (or other) unhappy events occur, listing agents have the demoralizing task of switching...Read More
1 Picture = 1,000 Words Not every garage billed as a three car garage on MLS comfortably accommodates three cars. Perhaps to dispel any Buyer skepticism, the listing agent included the photo above. Certainly looks like a 3-car garage to me — with some extra overhead storage, to boot! See also, “That Garage is HOW Big??”;...Read More
Putting (Too) Good a Face on Things? It’s a fact of (real estate) life: sales fall through. Buyers change their minds. Inspection issues come up. Buyers can’t get financing* (the honest explanation at least 80% of the time). When any of those (or other) unhappy events occur, listing agents have the demoralizing task of switching...Read More
Late Fall Buying Opportunities, or, “Perils of Overpricing” This Cape Cod-style 1 1/2 story in St. Louis Park’s Fern Hill neighborhood originally came on the market almost six months ago, at $539,900. Now? The price just dropped again (yesterday) to $329,900 — down over $200k(!) from June, and a substantial discount from the tax assessed value...Read More
“Sold, Subject to Inspection” Yes, multiple offers — at least in some neighborhoods and price points — are making a comeback in the Twin Cities housing market today. And yes, at least some would-be Buyers are skeptical that there really is competition for the home they’re interested in. Unfortunately, I only really know one, absolutely...Read More