50% Off Original Ask There may be another home in the Twin Cities that’s been on the market longer, or has been discounted more from its original asking price than this one. But if so, I’m not aware of it. Originally listed at $1.395M in September, 2007 (yes, that’s 32 months ago!), this postcard-pretty 1937...Read More
White House “Short Sale” Washington, D.C. (April 1, 2010) –President Barack Obama today announced plans to sell the White House as part of the government’s ongoing efforts to reduce the national debt. However, with an estimated fair market value of $200 million, secured by a $13 trillion mortgage, President Obama acknowledged that, at present, the...Read More
From More Square Feet to More Volume, Cont. I’ve discussed previously the trend toward homes not necessarily with more square feet, but more “volume” (higher ceilings, more and larger windows, wider stairs and halls, etc. — see, “Not More Square Feet, More per Square Foot“; “Cranking Up the Volume“). That trend applies to the exterior...Read More
Real Estate Signs — the “Analog” Kind (vs. Symbolic) Sign, Sign everywhere a signBlocking out the scenery breaking my mindDo this, don’t do that can’t you read the sign –Lyrics, “Signs” Nobody likes real estate signs — until they want to sell their home! Then, if not your best friend, they’re at least a necessary...Read More
Just Another Day at the (Virtual) Office Based on market time, showing feedback, etc., I advised my client that a price reduction on her home was in order, and she agreed. So I got her the necessary paperwork, she signed it, and I forwarded it (via my front desk) to MLS for them to input....Read More
“Basically, It’s Over: A Parable About How One Nation Came to Financial Ruin.” –Charles Munger; Slate (2/19/2010) “The Fat Lady Has Sung.” –Thomas L. Friedman; The New York Times (2/20/2010) Anyone else note the eerily similar notes struck by Thomas Friedman and Charles Munger? If you didn’t know, Munger is Warren Buffett’s long-time right-hand man...Read More
