TARP Mystery . . . Solved! OK, it’s taken me almost a year to puzzle out, but I think I’ve finally got it: Superficially, the hundreds of billions in TARP money handed over to the financial sector’s worst actors only looks like a stupendous reward for failure — and not a little like ransom money,...Read More
No “Extra Innings” — Promise Where: 38xx 37th Ave. South, in Minneapolis’ Longfellow neighborhood When: listed yesterday (Aug. 3) What: 2 BR, 1 BA home built in 1914. Who: listed by Kathleen Doyle, Edina Realty City Lakes How much: $91,900 Want an indication of how intense Buyer activity is at the lower end of the...Read More
Shadow Inventory . . . in the Same Building There’s been much talk of “shadow inventory” that wanna-be Sellers are poised to put on the market once conditions strengthen. We’re about to find out, because there are increasing signs that the lower end of the market is stabilizing, if not rising. In the meantime, the...Read More