Lower Interest Rates vs. Economic Uncertainty How will coronavirus affect the housing market? The answer likely depends on two questions: 1) which Buyers?; and 2) which segment(s) of the housing market — specifically, which price points? So, at the lower end of the market, especially in the Twin Cities, there remains an acute shortage of...Read More

Definition, Please Realtors use the term “Chef’s Kitchen” all the time (sometimes further embellished with the adjective, “Gourmet” ” as in, “Gourmet Chef’s Kitchen”). But, after 17-plus years selling homes, I’m still not sure that I have a good definition, except that: a) it’s big; and b) it’s full of high-end features and appliances. That...Read More

  Almost $400k(!) Below Tax Assessed Value of $1.34M Where: 3515 Cedar Lake Ave. in Southwest Minneapolis, overlooking Cedar Lake and the downtown skyline. What: 5 Bedroom, 4 Bath Italianate Style, 3-story home with 4,200 finished square feet on a gorgeous double lot. Who: listed by Ross Kaplan, Edina Realty — City Lakes. How much: $950k. You simply...Read More