Difference Without a Distinction? The most recent MLS tweak is a change to how market time is reported. Previously, the acronym was “CDOM,” for Cumulative Days on Market; it reflected how long a given property was on the market since listing. Shouldn’t That Be “DOMP??” MLS still shows “CDOM,” but now it also displays something...Read More
Financial Earthquake Likely toAlter Presidential Reputations[Dear Regular Readers: Sorry for the extended detour into macroeconomics, politics, etc. This blog’s regular focus on Twin Cities real estate — in the words of the public service address accompanying TV interruptions — “will resume shortly . . . Please stand by.”] I certainly don’t believe that history will...Read More
Is Bush’s Leadership Like Wagner’s Music? “Wagner’s music is better than it sounds.”–AnonymousIs George W. Bush’s Presidency more successful than most Americans (80%) think right now? Will history vindicate Bush, like it did Harry Truman? I doubt it. Harry Truman didn’t leave office with a PR blitz of interviews arguing that history would redeem his...Read More