On the Plus Side, There’s a Lot Less Prep Once upon a time, listing presentations — essentially, a job interview for Realtors — took about an hour, and covered such things as the Realtor’s track record, credentials, marketing strategy, references, recent housing market activity, etc. Now? After exchanging social pleasantries and taking a quick house...Read More
Diagnosis: Excellent. Prescription: None Until we as a country figure out how to divvy up these losses on housing and let these markets clear and move on, they will be a serious drag on employment. –Thomas L. Friedman, “The Uncertainty Tax“; The New York Times (6/11/2011) NYT Columnist (and former St. Louis Park ECHO staffer)...Read More
“Hurry, Bank of America, This Offer Expires Soon!” If you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s the bank’s problem. –John Paul Getty Why can’t a [debt restructuring process] be put in place to help the millions of American homeowners who for whatever personal reasons ” usually no...Read More
