Storied Paper Catches Newsweek-itis No, I’m not predicting that the venerable Wall Street Journal disappears, Cheshire cat-like. Just that the print edition — now down to a relative wisp — ceases print publication altogether. Best guess, based on its accelerating vanishing act (reminiscent of Newsweek’s painful decline): no later than the end of this year. P.S.:...Read More
Dubious Symbolism Every so often, I actually need to mail something to another agent. Most common example: an earnest money check, when a Buyer client prefers not to electronically transfer funds, either due to logistics or security concerns. Which means I need a postage stamp, which means I need to choose a postage stamp. What, No German...Read More
Unseasonal Winter Photos in April? Not This Year April Fool’s may have been Sunday, but the real April Fool’s joke arrived in the Twin Cities yesterday: 8″ inches of fresh snow continuing through today, and temps more typical of February than April (overnight low: nine(!) degrees). All of which creates a surreal feeling for area...Read More
The Case For ” and Against In a microcosm, the considerations for doing an open house on Easter Sunday are the same as for deciding whether to list a home during a traditionally slow time of the year (like around the holidays). Here’s how the arguments shape up: Pros: —Not much competition from other open...Read More
“Highest & Best,” Defined [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] If this Spring housing market is like any other, it’s guaranteed that at least a few home...Read More
Interest Rates a Double-Sided Coin “Companies are paying the most in nearly a decade for some types of short-term borrowing, the latest threat to the U.S. economic expansion.” –“Climb in Key Rate Pinches Borrowers”; The Wall Street Journal (3/28/2018). Funny, I would have put a different spin on the news that companies — many enjoying record...Read More