“Sellers Who Don’t Have to Sell,” or Picking Up Their Marbles & Going Staying Home Would-be forecasters trying to divine the future of home prices, post-pandemic, would be wise to remember the aftermath of The 2008 Financial Crash (sorry, I never bought “The Great Recession” label). Namely, housing prices weakened much more slowly than stocks, employment, and...Read More
Alternative for Would-Be Sellers: Taking a Break “The recipe is cash and balls: Throw in a very low offer and see what sticks. No guts. No glory.” –“As Coronavirus Cases Grew, Some Wealthy Buyers Still Bought Multimillion Dollar Homes”; The Wall Street Journal (3/26/2020). [Note to Readers: The views expressed here are solely those of...Read More
Three Explanations for Sinking Soil (Two Good, One Bad) Good home inspectors don’t just check out the interior of a home. They also check the home’s exterior, and even the yard for clues that something “just isn’t right.” That includes getting to the bottom (sorry) of a conspicuous depression in the yard — back or...Read More
Realtor Humor — Pandemic Edition This one’s making the rounds on Facebook (sorry, I couldn’t resist . . .). See also, “Realtor April Fool’s Jokes“; “Realtor Gaffes ” Listing Presentation Edition“; ““Phil Dunphy,” (TV) Realtor“; “What Loan Program is “The Bachelorette?!?'”; “And Now, For a Little “Real Estate Insider” Humor . . .“; and “Phil...Read More
WSJ: “Wealthy City Dwellers Seek Refuge From Coronavirus at Remote Ranches” [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.] Three things perplex me about oblivious rich people who agree...Read More
Stealing From “City Lakes Real Estate” Imitation may be the sincerest form of flattery . . . but copying verbatim (plagiarizing) is illegal! That appears to be exactly what something or someone called “Dirk Isabelle’s Blog” is doing to “City Lakes Real Estate.” I’ve been advised by a local attorney that simply locating the offending...Read More
