The Four Types of Housing Market Participants, in One, Easy-to-Explain Graph Every housing market has its winners and losers. Every housing market. So, a decade ago, when the market was tanking, the big winners were first-time Buyers ” at least ones with (good) jobs and unblemished credit. With rock-bottom prices and an ocean of inventory,...Read More
Winners Announced: NYC, Northern Virginia “It’s possible that [Amazon’s] plan all along was not to open a second headquarters, but to open two, smaller satellites. What’s unlikely, however, is that the deals being offered to Amazon will change significantly, even though the company is effectively halving their investment.” –“Amazon Scammed America’s Hurting Cities”; The New...Read More
Housing Winners & Losers in Sellers’ Markets & Buyers’ Markets Every housing market has its winners and losers. Every housing market. So, 7-8 years ago, when the market was tanking, the big winners were first-time Buyers — at least ones with (good) jobs and unblemished credit. With rock-bottom prices and an ocean of inventory, many...Read More
From Highway On-Ramp to Private Cul-de-Sac The Highway 100 construction “losers” (at least short-term)? Easy: all the fuming drivers stuck in 100 traffic (especially south), not to mention the ones caught on clogged side roads like Cedar Lake Road, and now — with Highway 7 partially closed — nearby 36th Street in St. Louis Park. But, there are...Read More
Sizing Up Likely Winners and Losers With the dust literally still settling on the Minneapolis City Council’s March 7 decision to temporarily halt teardowns, it’s premature to sort out all the consequences. But, here’s my preliminary take on likely “winners” and “losers”: Losers: –Buyers and Sellers currently under contract for teardown homes in Minneapolis; –Prospective Minneapolis teardown Sellers; –Minneapolis-focused...Read More