Right now, there’s a battle raging. You might not know it yet, but you’re smack dab in the middle of a personal finance World War III. It’s called The Great War of Oversized Homes. On one side, the axis of evil: realtors hunting commissions, bankers praying for loan closings, and an uninformed general public who […]

We’ve all heard the story. It goes something like this: Finance Muggle 1: “Joe Average made a killing off his house!” Finance Muggle 2: “Really?” Finance Muggle 1: “Yeah! He bought his house back in 1995 for $200,000, and he just sold it for $400,000!!! Doubled his Money!” Finance Muggle 2: “Damn, and here I […]

It’s true: for the past month, I’ve been living in a million-dollar home. Yes, for the past three weeks I abandoned my modest two-bedroom apartment and moved to one of Minneapolis’s richest, most desirable neighborhoods. This is a neighborhood where the average home is less likely to sell for a million dollars and far more […]