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Q&A – How to Spot a Recovering Housing Market

I hear buyers, sellers, lenders, real estate agents and the community as a whole rhetorically ask when we'll see the housing market recover.  Unfortunately putting a timeline on a housing recovery is pretty unrealistic as there are simply too many variables to account for.  But all is not lost!  While I cannot predict when the housing market will recover, I can give you trends to watch for that will signal a turnaround and their current indicators. Falling Inventory Supply & Demand 101: if demand has fallen … [Read more...]

Price Per Square Foot – Lender-Mediated vs Traditional Sellers

Price Per Square Foot - Lender Mediated vs. Traditional Sellers

As a follow-up to the report I co-authored with Jeff Allen from MAAR, below is a comparison of price per finished square foot between lender-mediated sales and traditional sales. As can be seen by the chart above, there is a substantial price discount on a cost per square foot basis when you look at lender mediated sales. My reasoning for why this is happening is as follows: Short Sales Short sale transactions often take several months to come together, thereby reducing the number of buyers willing to deal … [Read more...]


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This website is a service of Aaron Dickinson of Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.