Archive for January, 2009

Lawmakers unclear on the concept

Rep. John Boehner: Widen highways for “American families” (updated)

Posted by Jonathan Maus (Editor) on January 12th, 2009 at 4:07 pm

“I think there’s a place for infrastructure, but what kind of infrastructure? Infrastructure to widen highways, to ease congestion for American families? Is it to build some buildings that are necessary?…But if we’re talking about beautification projects, or we’re talking about bike paths, Americans are not going to look very kindly on this.”

Uhgh…

I say, Boehner, and other lawmakers like himself, be mandated to ride to the Capitol for a month this summer.

See how quickly safe bike routes are created then, if any of them survive a month of bike commuting in D.C. that is.

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I Heart Yehuda Moon

by Rick Smith

The daily strip, currently available only online, chronicles life in a independent bike shop.

You can support and subscribe HERE.

The main character, Yehuda, rides all year, wears wool everyday, and takes sometimes dodgy actions in the name of bicycle advocacy.

It’s something of a mixture of The Hub and Flanders Bros.

Personally, I’m hooked. It’s like looking in the mirror, especially as I rock my winter mask.

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A Running Start

I’ve written two purchase agreements in as many days.

One of them has already been accepted!

Other agents I’ve spoke to have commented on the unusually high level of activity in the past couple weeks.

It’s a perfect storm of motivated sellers, low interest rates, and a wealth of quality, well-priced inventory for buyers to choose from.

I, for one, have nothing but good things to say about the current market.

Let’s keep it going.

It’s warmed up significantly, and my internally-geared bike runs like a top.

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Hot Sales In The Cold Weather

Since getting back on this crazy Real Estate train last week. I’ve been amazed at the incredible amount of activity out there.

People are buying homes all over the metro area, and in my stomping grounds in particular.

Banks have gotten smart. Rather then pricing homes at what they believe to be the current market rate, they are putting them on the stump at drastically reduced prices. Prices on par for what the home might have sold for ten years ago, before the housing bubble over-inflated.

Serious first time home buyers and bargain hunters are snatching them up, quickly.

A good home, priced right, finds itself  dealing with multiple offers, and in several cases the price is driven up above list price, showing the lenders and corporations who own them what the REAL market value of the property actually is.

Not to suggest that everything for sale right now is corporate or bank owned. Well maintained, seller occupied homes are selling at prices that would have seemed unimaginable to me as recently as last spring.

If you have been on the fence about whether to buy, I suggest you jump down and go speak to a qualified loan officer.

Interest rates are insanely low, and probably won’t remain that way for much longer.

Then give me a call and a hunting we will go.

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Big News

After my best Spring and Summer to date, these past few months saw business come to a painful, grinding halt.

I had to reflect on what was important to me, and whether or not to continue to sell homes in light of the economy and harder work dealing with corporate entities in order to make dwindling returns.

I’m delighted to report that I have decided to sally forth.

I truly believe that I have created a model to which the real estate industry will turn to and say “That’s a really good idea!”.

But I had to find a new place to hang my hat. The relationship with my former broker had served me well and taught me much as I built my business, but it was definitely time for a change.

I am now a proud member of Luke Team Real Estate.

What does this mean to you, my friends and clients? Nothing really. My services will remain exactly as they were. I will continue to provide professional real estate services to both buyers and sellers.

I’ll continue to operate in the Twin Cities Metro area, focusing on Minneapolis proper, and specializing in providing my unique Cycling Home Tours to buyers who are looking to not only find a new home, but to connect themselves with their new neighborhoods, all while doing the right thing by reducing our reliance on the automobile.

I await your call, just do me a favor and wait a day or two for this current deep freeze to pass. The grease in my freewheel froze up yesterday.

In other news….

I am also now a official Worker/Owner in The Hub Bike Co-Op.

I joined the unique crew at The Hub late last spring as a senior buyer, and have since fallen in love with this eclectic crew, and am overjoyed to say that I now have a stake in it’s future and look forward to contributing to it’s growth and success.

Stop in and see me sometime.

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