Gorgeous Fern Hill Colonial When: Sunday (3/14); 12:30 p.m. to 2:30 p.m. Where: 4121 W. 28th St (28th & Inglewood Ave. So.), in St. Louis Park’s Fern Hill neighborhood What: 4 Bedrooms (all up), 3 Bath 1937 Colonial with 3,000 square feet How much: $579,900 Who: listed by Ross Kaplan, Edina Realty City Lakes This...Read More
Strapped Governments Look for “Honey Pots” “Because that’s where the money is.” –bank robber Willie Sutton, explaining why he targeted banksFor the same reason Willie Sutton robbed banks, financially strapped governments (federal and state) inevitably are going to revisit the home mortgage interest deduction as they seek to close record deficits. (Also getting scrutiny: deductions...Read More
Which Way Mortgage Rates? According to a certain (contrarian) school of thought, whatever everyone expects to happen . . . won’t. In the housing market, there seems to be almost universal agreement at the moment that mortgage rates are going to be higher — perhaps dramatically — in the second half of 2010 and beyond....Read More
“Hard Lines, Not Regulatory Discretion”Senator Ted Kaufman (D-Del) has a SUPERB analysis, titled “Wall Street Reform That Will Prevent The Next Financial Crisis,” detailing exactly what caused the financial system to melt down in 2008 — and what should be done about it. Even better: he actually has a say in deciding the latter. Here’s...Read More
