Maybe, But Not Because the Listing Agent Says So Stock market investors are accustomed to analysts who discuss a company’s prospects, and recount a long list of negative or at least worrisome issues. But then they slap a “Buy” rating on the stock, anyways, because they believe “the bad news is already priced in” —...Read More
Preservation vs. Development, Part Two In Preservation vs. Development, I discussed the criteria that I think should be applied when a city is trying to decide whether to preserve or develop a given neighborhood or area. This post is about the criteria that should apply when an individual wants to develop a specific piece of property: their...Read More
Money Loser — But Making it Up on Volume(?) Agent compensation is 10% of the first month’s rent as stated in the lease. –“Agent Remarks” from MLS rental listing Let’s see . . .. Ten percent of the monthly rent — $1,295 in this case — comes to $129.50. Subtract a cut for the Realtor’s...Read More
Revisiting the “Home” in “Home Office” Want a little educated (Realtor) speculation? Extrapolating the trend for home offices, mobile offices, car(?) offices — in fact, everything but “office” offices — a secondary, follow-on trend seem inevitable. Namely, heightened sensitivity to one’s physical location — and prioritizing of same. Put it this way: if you’re holed up...Read More
MLS Misspellings “6 Panel Solid Cherry Doors w/Vanetian Bronze Hardware!” –Excerpt, MLS Listing I’m pretty sure that the listing agent meant “Venetian.” And no, MLS doesn’t have a spell-check function. P.S.: For sheer real estate bloopers, it’s hard to top this one.Read More
Dramatic Before and After(!) One of THE biggest (and best) home transformations I’ve ever seen is on display (or was, over the weekend) at 4221 Cedar St. in St. Louis Park’s Fern Hill neighborhood, as part of the Remodelers Showcase. The house hit the market just over two years ago as a forlorn rambler that looked...Read More
