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unique

Real Estate Comp’s vs. Publishing Comp’s

Sales Blockbuster a Big Surprise “We like to have a comparison title so that we can do sales forecasts, but in this case none of the comparisons work.” –“The Long Tail of ‘Where the Crawdads Sing”; The New York Times (12/21/19). It turns out that publishers estimate book sales the same way Realtors (and Appraisers)...
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Bubble-Resistant, Not Bubble-Proof: Why the Housing Market is More Stable Than the Stock Market

Stock “Comp’s” vs. Housing “Comp’s” If you want to buy 100 shares of Google or Amazon, what are the comp’s? How much the last Buyer paid a fraction of a second ago. After all, stock is fungible:  every share (at least common) is the same as every other. Nanoseconds vs. Weeks (Months?) Now, assume you...
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8,500 Square Feet . . . 2 Bedrooms?!?

It Has HOW MANY Bedrooms?? There aren’t that many homes with over 8,000 finished square feet, period. So, when you run across a home that size, you expect it to have 6, 7, or even more Bedrooms. How can the St. Anthony Park single-family home pictured above have that much space, and only have 2(!)...
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