Tag

new normal

Twin Cities Staycation: Streak of 60’s in February!

Enjoying a Kansas City Winter . . . in Minneapolis What does it feel like when normally frigid February temps are instead in the 60’s? Not just once, but a couple days in a row!?! It’s like a collective mid-winter “staycation” for the metro area’s 3 million inhabitants. New Normal? Growing up, whenever my Kansas...
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Business Cliches 2011: Phrases I’m Sick Of

[Fill in Your Terms Here] Why is hail always the size of something else?” –George Carlin Here’s what’s on my list of hackneyed phrases that should disappear immediately: –“Soft patch,” “rough spell,” “bump in the road,”  “economic headwinds,” and all related synonyms –“Extended period of time” –“New Normal” –“Oversold” (as in, “stocks are now oversold...
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Waiting (and Waiting) to Break Even

Daunting Math for Homeowners Down ≥ 30% One of the most powerful psychological barriers to selling a home these days is owners’ insistence on breaking even. Unfortunately, after a 30% drop in prices nationally since 2006 (more in some locales), the math for many homeowners who bought near the market peak is daunting. So, even if you assume...
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