Taking Grantham Out of Context What is the best proof that stocks are overpriced? (full disclosure: I think they are). When market mavens like Jeremy Grantham put out cautionary if not scary analyses, and the instant headlines are drivel like, “Grantham Predicts Markets to Rise 20% – 30%.” What Grantham really said is that —...Read More
New Home Premium vs. Busy Street Discount Take a rejuvenated Twin Cities housing market and a dearth of buildable lots in desirable, close-in locations, and what do you get? New construction on busier streets like Xerxes (South Minneapolis/Edina), France Ave. (ditto), and Minnetonka Boulevard (St. Louis Park). New Construction Boom Are such homes a good deal? It...Read More
EdinaRealty.com, Now New & Improved One of the biggest frustrations for prospective home Buyers is finding a house for sale online that really . . . isn’t. That’s because the home already sold or, more commonly, is under contract but hasn’t yet closed. At the other extreme, there are also homes under contract that prospective Buyers...Read More