Day

May 4, 2012

Housing Market “Perennials”

The Serial Cancel-and-Relist Property If early May is when perennial flowers bloom (at least in Minnesota), it’s also when the real estate equivalent (re)appears:  the oft-listed, oft-cancelled property that comes back on the market each Spring after not selling the previous season(s) — albeit at a better price. By definition, these properties are characterized by one (or more) of...
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“50 is the New 25” (Dollars, that is)

Is 50 the new 25? I have no idea. But $50 sure seems to be the new $25 — threshold for signing a credit card receipt at checkout, that is. Except at Costco, where it’s now $100. I attribute the phenomenon to inflation, plus better credit card security (or at least, one would hope). P.S.: ...
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