Monthly Archives: September 2009

Minneapolis appeals Hoyt lawsuit

The city of Minneapolis has appealed a case that it lost in Hennepin County District Court brought by a developer who says the city unfairly quashed his plans to build a mixed-use project.

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Woe Is Me! My Twitter Klout is Low

Despite this looking like a crass attempt to generate followers, it’s really about “Twitter influence” measurement methods and the sites, like Klout.com that allow you to check your influence and that of others. There has been a great deal of instruction about influence on Twitter, and almost all of it from the top influencers in this industry.  They’re doing well, as their target audience is the real estate professional, so high influence scores for that audience means they’re accomplishing their mission.

I have multiple Twitter accounts, and the one that I use to send out alerts, tips, and links to articles on this site didn’t make the most influential lists. That’s not good, because they are comprised of those people with lots of followers in this business. So, I’ll be working on that in the future. But, my personal account to help me in promoting real estate services in my local area actually had a higher Klout score. It still wasn’t high enough, but I was pleased anyway.

This shows that, though my follower list is still small, and the account isn’t very old, I’m influencing the audience that could bring me business. If that account were getting a lot of real estate peers and industry followers, it wouldn’t be accomplishing the goal, as they aren’t my future local real estate customers. I also watch carefully, and block undesirable followers on all my accounts.

Keep in mind that the Twitter account you set up to market your real estate business needs to influence the people who will be buying and selling real estate in your area, not the trade. Though feeding the ego is nice, filling the pocket is better. Here’s more on influencing future customers with Twitter..

Oh yeah, the crass pitch: follow me on Twitter.

More on This Site About Social & Business Networks

Let’s talk! Check out our Forums and get involved in discussions to help our industry and your business.

Woe Is Me! My Twitter Klout is Low originally appeared on About.com Real Estate Business on Wednesday, September 30th, 2009 at 12:18:08.

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Baby Boomers Gravitate Toward Active Adult Communities

For the next 20 years, experts predict we will see record numbers of baby boomers moving into active adult communities.



These are not nursing homes, assisted living or government subsidized high-rise buildings. These communities are like Disneyland for grown-ups, an around-the-clock amusement park offering a cornucopia of fun-filled activities for the 55-plus age group.

It’s almost like 60 is the new 40. Few baby boomers plan to grow old gracefully; they’re going to fight the aging process every step of the way and enjoy life to its fullest. As a result, active adult communities are springing up all over the country, and they cater to the desire to remain young and vibrant. OK, maybe more vibrant than young, but you get my drift.

Many homes in active adult communities are designed for entertainment; they feature guest rooms suitable for weekend visits from grandchildren and offer work space for those seniors who plan to start a new career or hobby. Of course, the associations offer tennis courts, spas and adjacent golf courses, too. That goes without saying . . . read more about active adult communities.

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Baby Boomers Gravitate Toward Active Adult Communities originally appeared on About.com Home Buying / Selling on Wednesday, September 30th, 2009 at 05:00:52.

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Daryl M. Keim — Minnetonka, Minn.

SPRING VALLEY — Daryl M. Keim, 53, of Minnetonka, Minn., died Sept. 11, 2009, at the University of Minnesota Medical Center.

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FHFA September Mortgage Rates Report

Just released this morning, with most rates dropping in the period 2 or 3 basis points. There wasn’t enough data on adjustable rate mortgages to report, so this is all about fixed rate loans.

Here’s the report. Just use the arrows at the top right to enlarge or print.

Follow me on Twitter for real estate business articles.

FHFA September Mortgage Rates Report originally appeared on About.com Real Estate Business on Tuesday, September 29th, 2009 at 11:05:52.

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Tune In with Neal Justin

TV critic Neal Justin and NewsBreak’s James Lileks talk about “Flash Forward,” “Lost,” Dollhouse” and how long is too long to have a TV series.

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Guitar hero at the Square and Compass

LEGENDARY guitar hero Kent DuChaine is performing an acoustic candlelit session at the Square and Compass, near Ashill, on Tuesday, October 20.

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Just 5 Minutes for Perpetually Updating Stats

If we had the time to learn and put into play all of the cool technology tools on our websites or blogs, we’d be enjoying much better traffic statistics. … Continue reading

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How Wire Transfers and Cashier’s Checks Work

Some home buyers are confused about how wire transfers and cashier’s checks work.



At almost every closing I attend — and by closing, I mean when the buyers sign loan documents — clients ask me whether they should do a wire transfer or bring in a cashier’s check. Some are astonished to find out that they can’t write a personal check at closing.

Honestly, there are pros and cons to each, but one thing I know for certain is you don’t want to wait until the last minute. Buyers who wait until the 11th hour to deposit funds to escrow almost invariably end up encountering some little problem. And often it’s that little problem that can cause a delay in recording . . . read more about Wire Transfers and Cashier’s Checks.

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How Wire Transfers and Cashier’s Checks Work originally appeared on About.com Home Buying / Selling on Monday, September 28th, 2009 at 05:00:23.

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Comedic ‘Hearts’ find homes

By: N.M. Kelby. Publisher: Borealis Books, 170 pages, $15.95. Review: Love and home are the constant themes of this collection of amusing and poignant stories.

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