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...Read More
[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...Read More
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...Read More