Tag

real estate investor

“Too Good to Be True” Dept., or Housing Market Dandelions

Do the Home Sellers Know That? Somehow, I very much doubt the boast on the sign (above), located in front of the St. Louis Park Costco earlier today (I blocked off the last 4 numbers because I don’t want to provide any free advertising). For starters, I don’t know any Sellers parting with their homes...
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Why the Bottom of the Housing Market is Bottoming Out

Playing Housing Market Arbitrage, or, The Substitution Effect to the Rescue   I don’t know about anyone else, but I see an imminent collision — the good kind — between what’s happening in the rental market and the “For Sale” market. In the Twin Cities and nationally, rentals are scarce — and getting scarcer. In the...
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