(More) Signs of a Seller’s Market I would never counsel a Seller to list their home with the condition that any sale is contingent on their finding another home. What Buyer wants to enter into a deal not knowing when — or even IF — their Seller is able to find their next home? What if the...Read More
“On Market January 27 February 3!” When the turnout at a home on Broker Tour (the weekly open house circuit for Realtors each Tuesday) is disappointing . . . it’s appropriate to schedule a “do-over.” See, “Broker Tour ‘Encores.'” However, in my experience the “makeup” open house seldom attracts a big crowd, either, even if...Read More
Reassessing After Six Weeks of Market Time “April showers bring May flowers.” –Saying If it’s true that the Spring Market in the Twin Cities officially, umm . . . kicks off after the Super Bowl in February, what happens six weeks later, in mid-March? (In other words . . . now.) Owners of homes that...Read More
October 2012 vs. February 2013 With Fall shadows growing and the thermostat dropping, many would-be Sellers are wrestling with a big decision: whether to rush to get their home on the market now, or wait for Minnesota’s Spring market (note to non-Minnesotans: the local “Spring” market actually kicks off in February, right after the Super Bowl)....Read More
You wouldn’t make the deadline for continuing education credits for CPA’s April 15. So it’s always struck me as ill-timed to have Realtors’ continuing education credits due May 31, at (just past?) the height of the Spring housing market in Minnesota. In fact, the Minnesota Commerce Department’s actual deadline is June 30. However, admin logistics...Read More
Where’s the Beef Inventory? In a post last month titled, “Inventory Glut? Not in These Twin Cities Neighborhoods,” I related the surprising (and growing) lament amongst would-be Buyers and Buyers’ agents scouring various high-demand, local neighborhoods, only to find slim (or no) pickings. What accounts for that? Part of the explanation is that this year’s...Read More
