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August 23, 2014

“Entry-Level Luxury” vs. “Lower Upper Bracket”

Car Terminology vs. Housing Terminology In auto sales, cars priced roughly around $40k today apparently are referred to as “entry-level luxury.” So, what would you call an $800k home in the Twin Cities? “Lower upper bracket” (the latter term is courtesy of a former law colleague). “Only $150 Per Square Foot!!” Unlike real estate, cars are...
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“The (Earnest Money) Check is in the Mail”

Buyer’s Agent Beware [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] Thanks to heightened concerns about the security of online data, Minnesota Realtors are no longer supposed to scan and email copies of Buyers’ earnest money checks when...
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