Same Prices as a Decade Ago (or Longer) Even with the recent carnage, the stock market has more than doubled from its post-2008 Crash lows. Upper bracket housing? Not so much. At least in many choice Twin Cities neighborhoods, luxury homes can be had for the same prices they fetched a decade ago (or even...Read More
Target Market: Baby Boomers Who Want to Age in Place The term “life cycle build” is new, but the concept isn’t: a new construction home that’s versatile enough to accommodate the (invariably Baby Boomer) owner’s various life stages. Typical features include: —Two owner’s suites, one on the main floor and the second on the upper...Read More
8-10 Neighborhoods = 1 “Community“ How many neighborhoods are there in Minneapolis? According to the City (and likely most area Realtors), just under 100. See map, below right. However, that’s too unwieldy for consumers. So, to make MLS more user-friendly, the local MLS just added a new field called “Minneapolis Community search box,” with the 11...Read More
“Inventory Alert Notification” Once upon a time, a shoplifter (at least one who was detected) was met with a hail of “Stop! Thief!” With the advent of electronic tags, that changed to alarm bells, flashing lights, or other gaudy displays. Today? At least at Ridgedale the other day, I heard this polite-but-loud announcement over the public...Read More
Obama Exits, Stage Right Left As the 2016 stock market rout deepens (the Dow is down over 400 pts. so far this am), shell-shocked investors are all wondering: when will the pain stop? Unfortunately, it’s not clear to me that it will be anytime soon. That’s because markets hate uncertainty, and the biggest uncertainty hovering...Read More
Kathleen Madigan: “What’s wrong with calling someone a ‘tool’? Jerry Seinfeld: “Tools are good.” Kathleen Madigan: “Right.” Jerry Seinfeld: “Tools are completely without consciousness.” Kathleen Madigan: “So are a million things; why aren’t you a ‘chair?’ “That guy’s a chair.” Chuck Martin: “That guy’s a real Ottoman.” Kathleen Madigan: “I would go for footstool. Or...Read More