New Listing — Or Is It?? Would-be home Sellers who pulled their listing over the holidays typically wait for two things: 1) for the post-holiday period to pass, usually a few weeks into the New Year; and 2) mild weather (defined as mid-teen’s or higher in Minnesota in January). The last few days qualify, which...Read More
“New on Market July 1” Supposedly, the only month in which there’s no recorded snow anywhere in Minnesota is July (and I’m not so sure about that). So, it’s obvious that this Craftsman-style Bungalow (above) in Minneapolis’ Kenwood neighborhood didn’t really just debut on the market this week. In fact, according to MLS, the home’s Cumulative...Read More
Answer: ‘Off the Market, But Very Much ‘For Sale'” In a post a few weeks ago, I talked about the counter-intuitive phenomenon (at least to me) of unrealistic Sellers in a Seller’s market (especially in a Seller’s market?). The condition is known to real estate pros as “on the market . . but not “For Sale.‘”...Read More
Substituting One Mystery for Another Sometimes it’s a mystery why a “For Sale” home on MLS is sitting, unsold, after months (and months) on the market. Sometimes, it’s not. My clients wanted to see a certain Linden Hills home on Sunday, so I requested a showing on Friday. When I didn’t get a confirmation or...Read More
Pre-Market and Off-Market Sales Barely over one month into the New Year, my clients are in the middle of four different deals. Deal #1 is an expired listing that had been rented for the last year, where an interested Buyer popped up after Jan. 1 to inquire about the home’s availability. Fortuitously, the about-to-expire lease...Read More
Sellers Who Are Still Too Far Ahead of the Market With something like 2,000 Twin Cities homes temporarily off the market over the holidays, it’s a good bet that 1,500 or so homes will come back on the market the next few weeks. Or are already back on the market. Of those re-listed homes, how...Read More
