Tag

Twin Cities housing market

When Prospective Home Sellers Should Spend Money on a New Driveway ” & When They Shouldn’t

Cost: More Than a Furnace, Less than a Roof (Usually) One of the biggest stealth expenses for homeowners is a new driveway. Depending on the driveway’s size and construction material (concrete vs. asphalt), the cost can easily exceed $10k. When should would-be home Sellers contemplate replacing it?** The Consistency Criterion; Eliminating Any Achilles Heels My 2¢:...
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Unseasonal Home Photo? Unfortunately, No

October 20, 2020: Twin Cities Forecast to Get Up to 7″ Snow Usually in Minnesota in October, an exterior photo showing a home covered in snow would be a sure giveaway of a (very) stale listing.** Not today. The Twin Cities is expecting up to 7″(!) of snow, with several inches on the ground already...
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“Soft” Contemporary vs . . . “Hard”?!?

One of the ways you can tell that a product is dated or out-of-fashion ” or people think it is ” is that it acquires an adjective. So, for a while, “Coke” became “New Coke.” In the wake of Watergate in the 1970’s, Minnesota’s Republican party became the “Independent — Republican” party (at least until...
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Realtor True Confessions: Four Things Your Agent DOESN’T Know . . .

 . . . and Isn’t Likely to Volunteer Fake it till you make it.” —Career advice to newbie real estate agents. In a hyper-competitive field where sales bluster is an ever-present temptation, real estate agents aren’t exactly the type to betray ignorance or confess a lack of confidence. And even consummate Realtors with years of...
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“Done Deal!!” (Or, Is It??). How Home Buyers Know For Sure the Seller Accepted Their Offer

On the 2 Yard Line vs. The End Zone [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] Anxious Buyers competing for a home in multiple offers today understandably...
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Multiple Offers, Multiple Misconceptions (at least, in Minnesota)

“Highest & Best,” Defined [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] With scarce inventory and low rates once again spurring multiples offers in the Twin Cities now,...
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