(Still) More Evidence of Tight Supply “Buyer’s agent will pay a 15% referral fee to anyone who gives an address for a potential listing that leads to a sale.” –email pitch (April 2, 2013) How tight is housing supply in the Twin Cities at the moment? Tight enough that at least one Buyer’s agent (above) is resorting...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
