Edina Realty “Expo 2014” One of the reasons Edina Realty’s annual meeting (called “Expo 2014”) is a “must-attend” for company agents is that it affords us rank-and-file a chance to hear what the brass thinks is in store for the upcoming year. So, what did Bob and Ron Peltier — Home Services of America CEO...Read More
City Lakes + Parkwest = City West? Yesterday was a red letter day unlike any other in my nine-plus years at Edina Realty. Any one of the following announcements at yesterday’s City Lakes office meeting — delivered personally by Edina Realty President and CEO Bob Peltier — would have qualified as blockbuster news; cumulatively, the...Read More
Housing Market Math, Circa 2010 When does 2 – 1 = 0? When a two-income family that’s “upside down” on their mortgage loses one of those jobs (“upside down” is Realtor-speak for owing more on your home than it’s worth). The first wave of foreclosures largely consisted of marginal borrowers — putting very little (or...Read More