Batting Down the “I Was Just Joking” Excuse if Trump Loses [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.] Benjamin Franklin was walking out of Independence Hall after the...Read More
The Four Types of Housing Market Participants, in One, Easy-to-Explain Graph Every housing market has its winners and losers. Every housing market. So, a decade ago, when the market was tanking, the big winners were first-time Buyers ” at least ones with (good) jobs and unblemished credit. With rock-bottom prices and an ocean of inventory,...Read More
Housing Winners & Losers in Sellers’ Markets & Buyers’ Markets Every housing market has its winners and losers. Every housing market. So, 7-8 years ago, when the market was tanking, the big winners were first-time Buyers — at least ones with (good) jobs and unblemished credit. With rock-bottom prices and an ocean of inventory, many...Read More
From Highway On-Ramp to Private Cul-de-Sac The Highway 100 construction “losers” (at least short-term)? Easy: all the fuming drivers stuck in 100 traffic (especially south), not to mention the ones caught on clogged side roads like Cedar Lake Road, and now — with Highway 7 partially closed — nearby 36th Street in St. Louis Park. But, there are...Read More
Sizing Up Likely Winners and Losers With the dust literally still settling on the Minneapolis City Council’s March 7 decision to temporarily halt teardowns, it’s premature to sort out all the consequences. But, here’s my preliminary take on likely “winners” and “losers”: Losers: –Buyers and Sellers currently under contract for teardown homes in Minneapolis; –Prospective Minneapolis teardown Sellers; –Minneapolis-focused...Read More
“And the Oscar White House Goes to . . .” What do you call the person who finishes last in their medical school class? Answer: “Doctor.” –old joke. If Mitt Romney wins today’s election, he is, of course, President. If he loses? Like other runners-up (Minnesota’s Walter Mondale, Al Gore, John McCain, etc.), he is...Read More