I don’t know who David Feldberg or Coastal Real Estate Group is, how he/they made their selections, or even why the magic number was 87. But, this blog’s on the list (Yay!). Each of the 87 featured blogs includes a headshot and a summary blurb; here’s mine: “Ross Kaplan is a realtor in Minneapolis and...Read More
Building Boom on Minneapolis – St. Louis Park Border Exactly how big is the construction crane at the new development just southwest of France Ave. and Lake Street? At 250′ (my estimate), it’s so big that it straddles the border between Minneapolis and St. Louis Park (which just so happens to be France Ave.). When...Read More
Top of Fifth Inning — or Ninth? If you accept that the housing market is cyclical (I do), then you inevitably find yourself wrestling with these two questions: 1) how long are housing cycles on average?; and 2) where in the current cycle are we? The best empirical data I’m aware of suggests that housing...Read More
Flight to Safety Keeps a Lid on Interest Rates The flip side of a (very) rocky stock market so far this year is cheaper mortgages for home buyers. That’s because investors seeking safety pile into bonds. That drives bond prices up . . . and interest rates down (bond prices and interest rates move inversely...Read More
“She’s as sweet as two below honey She’s an angel of the first degree She’s as sweet as two below honey Just like honey from the bee.” –“Tupelo Honey” lyrics (kind of); Van Morrison What’s “two below honey?” I have no idea (for that matter, I have no idea what “Tupelo honey” is). But it...Read More
Bear Market Silver Linings [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] Maybe a bear market — if that’s what we’re headed into — will force Corporate America and Wall Street to make changes that could be easily...Read More
