Will the 4th Time Be the Charm? Where: 29xx Quentin, St. Louis ParkWhat: 4BR/3BA; 3,900 FSF; 1931 two-story homeHow much: $264,900Originally listed: $374,900 (11/2/2007)Number of Realtors (so far): sixNumber of Brokers (so far): four Scanning today’s newly listed — and re-listed — homes, I couldn’t help but notice 29xx Quentin. I recalled it being an...Read More
Timing the Housing Market As John Maynard Keynes famously observed, “the market can stay irrational longer than you can stay solvent.” Or, in the case of housing the last decade-plus: ‘stay above trend line longer than you can stay in a rental.’ Citing the charts reproduced at right, commentators like Barron’s Alan Abelson make the...Read More
Why People Hate Wall Street —And Wall Street Analysts, too When stocks are going up, the airwaves are full of Wall Street analysts and other pundits chock-full of stock picks sure to make you money. So what can you expect to hear after stocks plummet 50% or more? All the reasons why stocks “are still...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
Star Trib: ‘YouTube is Coming Trend’ The most interesting thing to me about the lead story in today’s Star Tribune business section, “Increasing Numbers of Metro Realtors Turn to YouTube,” wasn’t the content, but the byline: the reporter is identified as “a University of Minnesota student reporter on assignment for the Star Tribune.” Hmm ....Read More
Trulia.com Hits — and (Mostly) Misses Like Zillow.com, Trulia.com promises to arm prospective home buyers with reams of data about homes for sale. Buyers can search by property type, price, square footage, zip code, etc.; get information about schools and other community info; and even pose questions to the Trulia. com “community” that generate email...Read More
