Bellwether for Housing: Car Sales “If your parents don’t have kids . . . you won’t either.“ –Adage. “Speak openly and honestly with your seller about the pros and cons of holding an open house. Assess the risk based on your specific location and direct your clients to local and state health authorities for specific...Read More
How Did 2008 Home Buyers Fare? I always do a double take when The New York Times mentions Minneapolis in an article on housing. So, let’s say that today’s article, “Buying a Home During a Pandemic” — which mentions not one but two Minneapolis homeowners — had my full attention. The article’s author, Ron Lieber,...Read More
Lower Interest Rates vs. Economic Uncertainty How will coronavirus affect the housing market? The answer likely depends on two questions: 1) which Buyers?; and 2) which segment(s) of the housing market — specifically, which price points? So, at the lower end of the market, especially in the Twin Cities, there remains an acute shortage of...Read More
Back to the Future (Make That, “Jan. 20, 2017”) [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.] After today’s 2,000 point rout, the Dow — at 23,851 — is...Read More
Coronavirus Arrives in U.S.: Just “Health Care Workers” & “Civilians” Now [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.] The good news is, we badly needed something to unify...Read More
Plunge in Dow, Interest Rates Continue; Airline Stocks Hit [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. If you want an upbeat take on the market . . ....Read More