Just One Catch It turns out that sheetrockers aren’t the only ones who can make good money these days in North Dakota. See, “North Dakota Boom, Twin Cities Ripples?” Someone who came through one of my open houses yesterday with North Dakota ties said that the local McDonald’s are paying $16(!) an hour. The catch?...Read More
The Economy’s Gordian Knot “For many events, roughly 80% of the effects come from 20% of the causes.” –The 80-20 Rule, also known as the Pareto Principle My corollary to the 80-20 Rule in today’s housing market: Twenty percent of prospective home Buyers can get financing on a home of their choice, on terrific terms....Read More
“The Seamlessness Test,” or Housing’s Hippocratic Oath The best additions are invisible. That is, they blend in so well with the original home that you can’t tell where one starts and the other begins. At the other extreme, there are homes which look — and feel — like they’re actually two parts, stapled together....Read More