Bellwether for Housing: Car Sales “If your parents don’t have kids . . . you won’t either.“ –Adage. “Speak openly and honestly with your seller about the pros and cons of holding an open house. Assess the risk based on your specific location and direct your clients to local and state health authorities for specific...Read More
Quantitative Easing for Stocks [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] With the Dow in free fall, investors are looking to the cavalry (the Fed) to once again...Read More
Lower Interest Rates vs. Economic Uncertainty How will coronavirus affect the housing market? The answer likely depends on two questions: 1) which Buyers?; and 2) which segment(s) of the housing market — specifically, which price points? So, at the lower end of the market, especially in the Twin Cities, there remains an acute shortage of...Read More
[Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] You didn’t need to read the news or watch TV to know that Joe Biden resoundingly won most of yesterday’s primaries,...Read More
Back to the Future (Make That, “Jan. 20, 2017”) [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] After today’s 2,000 point rout, the Dow — at 23,851 — is...Read More
Getting Your (Realtor) Money’s Worth “Half the money I spend on advertising is wasted; the trouble is, I don’t know which half.” —John Wanamaker. Fortunately for Realtors, it’s actually pretty easy to tell if the money you shell out on a bus bench each month (about $65 in the Twin Cities) is worth it. Here...Read More