“After You” . . . “No, After You” . . . “No, After You” Combine tight inventory in many Twin Cities neighborhoods with frustrated Buyers, and what do you get? Multiple buyers chasing the same property, including some making offers with what Realtors call an “asterisk clause.” Background For the uninitiated, a Buyer employing an “asterisk clause”...Read More
Gauging Buyer Interest “Please leave lights on. There are multiple showings today.” –Note to Buyers’ agents on Kitchen table at a newly listed home It’s certainly not as important as knowing whether a home is in multiple offers, but one of the things Twin Cities home Buyers are running into these days — especially Buyers...Read More
Market Misconceptions Water, water, everywhere, Nor any drop to drink. –Samuel Taylor Coleridge, “Rime of the Ancient Mariner” All politics is local. –former U.S. Speaker of the House Tip O’Neill All real estate is local. –Corollary, Ross Kaplan One of the biggest misconceptions about today’s housing market is that there is a surfeit of homes available...Read More
