Day

June 4, 2009

Edina on Sale

Not So Recession-Proof, After AllNo, it’s still not cheap by Twin Cities-wide standards, but asking prices for Edina homes have come down dramatically in the last 2-3 years: from $350 to even $400 per finished square foot (“FSF”) in mid-2006, to around $200 per square foot today. Translated into bricks-and-mortar choices, that means that $600k...
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Recession Casualty: Pretense

Starbucks vs. Burger Jones One restaurant doesn’t exactly make a trend, but the new burger joint new Lake Calhoun — aptly named “Burger Jones” — appears to be embracing an anti-Starbucks marketing strategy. So, forget Starbucks’ “Tall,” “Venti,” and “Grande” for “Small,” “Medium,” and “Large” (or, is it the other way around?). If you order...
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(Another) Foreclosure Feeding Frenzy

Home Focus: 38xx Harriet Ave. (South Mpls.) What: 2 BR/2 BA; 1,364 FSF in South Minneapolis’ Kingfield neighborhoodWhen: On market 4/17/09; closed: late MayList Price: $75,000Sold Price: $91,000% Over List: 21% This home sold for $91,000 — a mere 21% over asking price. I was told that there were at least 8 offers on this...
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