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Housing Market Trends

Star Tribune Overnight Weather Forecast: “Partly Sunny Between 3 a.m. and 6 a.m.”

Minnesota may be far north — but it’s not “above-the-Arctic Circle north.” And, it’s still only late March, not June 21, when the local sunrise is 5:27 a.m. (vs. 7 a.m. now). All of which is why the Star Tribune may want to consider substituting a “moon” image for a “sun” in their overnight weather forecast...
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Early Birds, Worms, and Plane Refunds

Air Travel and the Coronavirus (The OTHER “Cancel Culture”) Early birds famously get the worm, as the saying goes. But, late birds get a full refund for cancelled air travel. At least, that’s the case if the airline cancels your flight before you do — and you (OK, me) decline their offer to be rescheduled....
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History’s Shortest — and Scariest — Bear Market

Dow Drops Almost 11,000(!) Points in < 6 Weeks  If — If — the current stock market rally holds, the six weeks just transpired will qualify as history’s shortest — and most harrowing — bear market. Think, “bungee jump,” but with billions of people around the world partaking simultaneously. From its start on February 12,...
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Get Ready for . . . “The Drive-Up Closing”

Runner-Up Name: “The Parking Lot Closing” [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] To limit the risk of coronavirus exposure, Edina Realty — and no doubt other brokers...
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Donald Trump Finally Gets His Nickname

From “Father of Our Country” and “The Great Emancipator” to  . . . . “The Pandemic President” [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] It’s more than a...
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Home Seller Exclusion Lists: Why the “Neighbor’s Best Friend’s Son-in-Law” Usually Isn’t the Buyer

High Washout Rate [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] One of the last things that can come up before would-be home sellers officially hire an agent is what Realtors call an exclusion (or sometimes protected)...
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