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housing market

The Case for the 1.25 Bath ” or the 1.375(!) Bath

What’s More Than a Full Bath? By convention, Realtors call a Bathroom with a sink, toilet, bathtub and shower a “full” Bath. Because each of those items counts as .25, a Bathroom missing one or more of them is considered a fractional Bath. So, a Bathroom with a sink, toilet, and shower (but no tub)...
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Why Is Calling Something (or Someone) “Tasteless” an Insult?

The Color Taste of Water Water usually doesn’t have a taste, and people don’t object to that. Ditto for celery. So why is calling something ” like a comment, a work of art, or an article of clothing ” “tasteless” a dis? “Taste-Free” vs. “Tasteless” Clearly, what the speaker intends to say is, “in bad taste.”...
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“You mean, there’s no deal AND they get their earnest money back?!?”

Financing Contingency Pitfalls [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.  If you need legal advice, please consult an attorney.] One of the surprises lurking in the standard Minnesota Financing Addendum is the weaker of the two clauses addressing...
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That Déjà Vu Feeling About Kansas City Chiefs’ Quarterback Patrick Mahomes

“Hmm . . . Where Have I Seen That Arm Before??” “The apple doesn’t fall far from the tree.” —Proverb Where does Chiefs’ quarterback Patrick Mahomes get his rocket right arm? Minnesota Twins fans of a certain age (I qualify) know the answer: “from his old man.” Mahomes senior was a journeyman major league pitcher...
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Dershowitz: Nixon Was Wrongly Impeached

[Editor’s Note: 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.] Just to be clear: former Harvard Law Professor and now Trump Impeachment lawyer Alan Dershowitz didn’t explicitly say Richard Nixon shouldn’t have...
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The $394,727.89 House (Huh?!?)

Consumer Psychology and the Too-Precise Price When you see an oddly-priced “For Sale” home, there are two possible explanations (at least in my experience selling residential real estate): One. Drawing Attention. The way to stand out from homes listed at $389,900, $399,900, etc. is to price at $398,731 or some such (I haven’t seen a home...
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