Month

May 2015

Open House Today: 7733 13 1/2 Street in St. Louis Park

2:30 p.m. to 4:30 p.m.; Near 394 & Louisiana  Where:  7733 13 1/2 Street in St. Louis Park. What:  3 BR/2 Bath Split with almost 1,900 FSF on a 60′ x 130′ lot (.17 acre). When:  2:30 p.m to 4:30 p.m. today (May 31). Who:  listed by Ross Kaplan, Edina Realty – City Lakes. How...
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How Much Do Fortune 500 CEO’s Make Today? Hint: What’s Bigger Than “a Boatload?”

But, Is It Big Enough to Hold All That Cash?? If I had to pick a single image that symbolized the breathtaking (and grotesque) leap in executive compensation at major corporations the last quarter-century or so, I might have gone with the Burj Khalifa (world’s tallest building), or perhaps an especially lavish Fourth of July...
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(Very) Busy Title Companies & Closers

April Deals Bring May (& June) Closings If you assume that mid-April is the peak of the Spring housing market (correct most years), and that the average lead time to close a home purchase is six weeks (true), that makes the peak for closings . . . right now. In fact, when the last day of the...
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Is it Really a 3-Car Garage?

1 Picture = 1,000 Words Not every garage billed as a three car garage on MLS comfortably accommodates three cars. Perhaps to dispel any Buyer skepticism, the listing agent included the photo above. Certainly looks like a 3-car garage to me — with some extra overhead storage, to boot! See also, “That Garage is HOW Big??”;...
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CenturyLink — or “Weak Link??”

“You Couldn’t Make This Up” Department, or How to Make Misspelling Into a Profit Center [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] Based on my less-than-satisfactory first three months as a new CenturyLink customer (to say the...
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Discounting for Condition: How Much?

Three Key Factors Besides Price Tag, Scope of Work Discounting for a home’s “vintage” condition is inherently subjective. Some Buyers don’t want to tackle anything more challenging than painting a Bedroom (if that). Others — especially if they have contracting skills (or access to them) — are up for remodeling the Kitchen, Bath’s and anything...
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