Multiple Offer Aftermath: 21(!) Runner-Up Buyers How crazy is the Spring, 2017 housing market? Consider the activity at 2850 Florida in St. Louis Park, listed by Edina Realty – City Lakes’ Susan Melbye for $250k last Thursday (March 30): Days on market: 4. Showings: 60+ (including one of my Buyers). People thru Sunday open house...Read More
“The (Realtor) Parking Lot Indicator” Yeah, yeah, I know all the official statistics that purportedly capture what the housing market’s doing at any given moment. The list includes both year-over-year and month-to-month changes in “New Listings,” “Pending Sales,” and “Closed Sales,” plus the Case-Shiller Home Price Index, NAR’s sales statistics, etc.. Here’s another, albeit less...Read More
