McDonald’s, iTunes — and Real Estate Signs In economics, the term “inferior goods” means anything that you consume more of as you have less money. Historically, foods like hamburger (vs. steak), potato’s, rice and the like qualified; today, that would be fast-food chains like McDonald’s, and all the Dollar store chains that appear to be...Read More
Real Estate Dominoes I held four(!) broker opens this weekend, ranging in price from Golden Valley ($299.9k) to Cedar Lake in Minneapolis ($875k). Of the serious Buyers who came through — perhaps 25% — all were “MSF” (“Must Sell First”).Read More
The Second Most Popular Question in Real Estate What’s the second most popular question in real estate? (the first being, “what’s my home worth?”) “How long will it take to sell my home?” Unless the Realtor is going to buy it, the honest answer is, “I don’t know.” However, it is possible to give the...Read More
Sellers Who Don’t Know the Condition of their Homes What’s the most important question on the Seller’s Disclosure? (in Minnesota, a 9 page, single-spaced document with perhaps over 100 of them) At least in my opinion, the one asking whether the owner has continuously lived in the home the last 12 months. That’s because the...Read More
