(More) Recession Trend Spotting If you want a friend in Washington . . . get a dog. –President Harry Truman To my mind, what’s unique about this recession isn’t just the damage to people’s pocketbooks — bad as that may be so far — but to something more fundamental: their trust. You don’t have to...Read More
Noonan: ‘Goodbye Bland Affluence’ Peggy Noonan, who writes a column for The Wall Street Journal, is as thoughtful a social observer as there is. Notwithstanding her conservative, *Manhattan-centric take on things — which she freely concedes — she is consistently insightful, and a good barometer of where center-right thinking is at. So it’s noteworthy that...Read More
Time to Revisit New Airport? Like a homeowner who chose to remodel their current home instead of buying new, the Twin Cities decided — sometime in the ’80’s — to update and expand its current airport rather than build a new one. In today’s economic environment, it makes sense to revisit that decision, for the...Read More
Recession Housing Trend: Doubling Up? Families around the country are weathering the recession by hunkering down with relatives and friends . . “I’d rather be home if I’m going to be broke,” said [one person who moved back home]. Kris Haher, “Homeward Rebound: Weathering the Storm With Kin”; The Wall Street Journal(4/7/09) If you don’t...Read More
2009 Home Features: What’s Hot (and not) One of the perks (duties?) of being a 2008 “Super Real Estate Agent” — jointly chosen by Mpls. St. Paul Magazine and Twin Cities Business — is getting mid-year surveys asking for your input on coming trends. The feedback from all the 2008 Super Realtors will appear in...Read More
Three Reasons Why Deals Are Tougher in a Recession What amuses me about 99% of the articles written about the housing market — and there’s been an explosion lately — is that they’re not written by active, working Realtors. Most are simply journalists whose “beat” (area of focus) is the housing market. On a scale...Read More