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Strange Times for Real Estate

Sharman Egan Lagniappe
The St. Louis Lofts in LoDa are being marketed in a creative way to combat a currently strange local real estate market.

The St. Louis Lofts in LoDa are being marketed in a creative way to combat a currently strange local real estate market.


A couple of months ago, I got a wild hair to sell our house in Oakleigh and buy another house nearby (the long-suffering Kevin insists my hobby is buying and selling homes, but I think that’s a gross exaggeration). Of course, it’s a lousy time to sell. I knew we wouldn’t get what we think our house is worth but I figured we’d make it up on the buying side, right?



I called a few agents to find out what we could get for our home. At the same time, I started looking at what was on the market in Midtown. That’s when reality set in. I found myself in two parallel universes: a buyers’ market on the selling side and a sellers’ market on the buying side.

  1. Realtors told me we should expect to get about $100 per square foot for our simply fabulous, freshly painted, circa 1908 George B. Rogers-designed house. Sounded too low to me but it is a down market.


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