Long-in-the-Tooth Listings Even in a Seller’s market where listings vanish in the blink of an eye, they’re out there: homes that have been on the market, through rain and shine, winter and summer, seemingly year after year. What gives? Or perhaps more to the point, is there an opportunity to be had? “Days Years on...Read More
“How Long Was the Home on the Market?” vs. “How Much Exposure Did the Home Get?” With multiple offers making a comeback in parts of the Twin Cities — I’ve been involved in three in just the last six weeks — it seems appropriate to ask, “Did that just-listed home sell TOO fast?” It’s certainly...Read More
How Much is Too Much Time on the Market? In most walks of life, qualities like patience and persistence are virtues. So when are they vices? In the housing market — at least one that’s not strongly appreciating.* That’s because homes that sit, unsold, for too long become shopworn. Buyers naturally start to wonder why...Read More
