The National Association of REALTORS has put together a video discussing the amount and type of 'Shadow Inventory' nationally. The biggest problem with such figures is that they are still based off of sampling & definitions of what is or is not counted in the definition. Regardless of what the actual number is, the video ...
Housing News, Opinion, Statistics and Homes for Sale
Category Archives: Opinion
Dangers of Non-MLS Listing Sites
Today a great example of one of the biggest issues with real estate web sites that allow the public at large to list properties for sale: the controls to prevent misinformation, misuse or abuse are very limited, making disinformation quite likely.Today's example: NBC Washington reports that 1600 Pennsylvania Ave is for sale.Apparently Redfin ...
High Association Dues Affect Resale Value
I sometimes run into condos and townhomes that have higher than average fees - sometimes the developments have been poorly managed in the past and are trying to make up for past transgressions and other times they are simply not being prudent with their budget. Not only do high association fees cost each homeowner more ...
Are Home Prices In The Twin Cities Rising?
If you have ever talked to me in person or have read my blog, you know I'm a bit of a numbers nut. Ok, I'm a big numbers nut. I love hard data and analysis because it can tell you so much about what is really going on.Even though numbers themselves don't lie, if they ...
Twin Cities Home Sales Have Best Week Since 2005
Today the Minneapolis Area Association of REALTORS released their weekly update of housing statistics for the Twin Cities and showed that for the week ending 4/24/2010, there were 1184 properties in the 13 county region that went to "Pending" status, meaning an offer has been accepted by the seller and the property is no longer ...
Aaron Dickinson
Edina Realty
1-800-941-0959
Licensed in MN
