“Old Wine in New Bottles” [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] It turns out that, of the first wave of new Twin Cities listings to hit the market...Read More
“Old Wine in New Bottles?” No, the homes didn’t debut on the market at 12:01 a.m. (the earliest time I saw was 9:29 a.m.). And no, the would-be Seller didn’t win a lifetime supply of diapers, detergent, or some other promotional item (I suppose the housing equivalent would be a Home Depot gift certificate, or maybe a...Read More
Is That “For Sale” Home Days Away From Market? Or Decades?? [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] Perishable food must display an expiration date. Similarly, to take advantage of...Read More
Lack of Supply = Higher Prices? Fellow Edina Realty agent (and blogger) Aaron Dickinson has a nice post shining a spotlight on a lightly heralded, not-so-overnight housing market development: the lack of Twin Cities homes for sale. In fact, as Aaron notes, the number of homes on the market locally in October — just over 21,000...Read More