While other industries flounder, real estate takes off during pandemic

Something strange is happening in the Minnesota housing market, and, not surprisingly, the pandemic is the reason.

More people in the Twin Cities metro area are seeking houses away from the urban core, where they can have more space, and access to amenities, as our stay-at-home lifestyle drags on.

On top of that, lots of first-time buyers are out searching for houses — and not finding many. Sellers are getting multiple offers, often over the asking price.

At 11 a.m. Monday, host Angela Davis is joined by two industry experts who can explain what it’s like to buy a home right now, especially as prices soar and middle- and low-income people are further shut out of Minnesota’s housing market.

And as she does every Monday, she will check in with MPR News senior economics contributor Chris Farrell on the state and national economy.

We want to hear from you, too. Have you looked for a house during the pandemic? What has been your experience? Call 651-227-6000 during the 11 a.m. hour or tweet @AngelaDavisMPR to join the conversation.

Guests:

Read More

WACO Kitchen takes off to prove ‘airport food does not have to be bad’

WACO rhymes with taco.

For years, that’s how people at WACO Aircraft Corp. have explained the correct pronunciation of the name.

So when WACO Kitchen opened on the second floor of the classic bi-plane manufacturer at 15955 S. Airport Road at the Battle Creek Executive Airport, it did so with the the WACO Taco as its signature dish.

“What else would you call it?,” said Randall Nash, head chef at WACO Kitchen.

WACO Kitchen opens for carryout Monday. It’s the first restaurant at the airport since 1988 and is part of a $20 million expansion project at WACO Aircraft Corp.

WACO Kitchen is pictured at Battle Creek Executive Airport on Wednesday, Dec. 30, 2020 in Battle Creek, Mich. The restaurant opens for carry-out orders on Monday, Jan. 4 and will open their dining room when COVID-19 restrictions are lifted.

Sven Lepschy, chief executive officer for WACO, said the blend of locally sourced American and European style cuisine and the panoramic views of WACO aircraft production and the runway at Kellogg Field make the eatery unlike any other.

“WACO Kitchen is something totally different… We want to be different in food selection, food choice, in quality, and hopefully, we can open soon so many many people can get their first impression and say, ‘Wow, this is something I have never experienced before,'” Lepschy said by phone from Florida. “It’s very important we get the point across that airport food does

Read More

Opendoor Technologies Takes Unique Approach Towards Real Estate Industry



a sign on a pole: A picture of the OpenDoor (OPEN) app on a phone.


© Source: PREMIO STOCK/Shutterstock.com
A picture of the OpenDoor (OPEN) app on a phone.

Opendoor Technologies (NASDAQ:OPEN) is a platform that allows the purchase and sale of properties. It also offers financing services to the buyer. The company has become a leader in the “iBuying” market, a fairly new industry that allows homeowners to sell their houses to the company, which will list them on its platform. Year-to-date, Opendoor stock is up 11.2{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c}.



a close up of a sign: A picture of the OpenDoor (OPEN) app on a phone.


© Provided by InvestorPlace
A picture of the OpenDoor (OPEN) app on a phone.

The lighting-fast approach to real estate is a perfect alternative to the tedious process of listing a home, working with an agent, showing the home to buyers, and waiting for the buyers to get financing to finally close the deal. The company is garnering attention and investors’ interest.

Opendoor stock stood at $10.80 in June 2020 and soared to $31 in December 2020. They have a unique approach to real estate which is why I am bullish on the stock.

Loading...

Load Error

The iBuying Business Model

Opendoor has a business model that works in its favor by changing the way properties exchange hands, making the process of selling a home more

Read More

Ty Pennington Designs a Whole New Kind of Kitchen That Takes the Cake

Ty Pennington has designed many a chef’s kitchen, but in the latest episode of “Ty Breaker,” he tackles a whole new beast: a baker’s kitchen.

In the episode titled “A Baker’s Perfect Kitchen,” Pennington and guest designer Sabrina Soto (of “The High Low Project”) meet Elva and Dan Caballero, who’ve recently sold their bakery and bought a $230,000 house in Atlanta near their daughter and grandkids. They are left with only a $50,000 budget to renovate.

Yet Pennington and Soto are used to stretching reno budgets to the max. Here’s how they redo the home into a baker’s paradise, which might inspire a few upgrades around your own abode, too.


Black window frames add an elegant look

windows
These black window frames give dimension to the living room.

HGTV

When Elva and Dan first show Pennington their house, they point out that they love the big windows that let in lots of light. So Soto wants to turn the living room windows into a focal point by painting the frames black.

“People are scared to paint it black,” Soto tells Pennington, “but then once you have it on, you realize it actually looks pretty classic.”

When the work is done,

Read More

Joanna Gaines Takes AD Inside Her TV Kitchen

Like it did for so many of us, the COVID-19 pandemic changed Chip and Joanna Gaines’s plans. Their new television network, Magnolia, was supposed to launch in 2020. It is now on hold until further notice, but that didn’t stop the duo, who rose to fame renovating houses on their HGTV show Fixer Upper, from getting to work creating some of the content. A selection of programming originally meant for the network launch has been slowly rolling out on the new streaming service Discovery+, including Magnolia Table, Joanna’s new cooking show, which she filmed during the pandemic.

“We went through all the [necessary] things from a production standpoint to make sure we were being tested weekly. I felt super safe on-set. It was almost like the cooking show crew was our quarantine family,” she says. “It is hard because we are still in [the pandemic]. But it has forced a lot of creativity out of a lot of us. I swear if it were any other year we would just get into it. Now, I feel like things can be more thoughtful and intentional.”

The end result is a show that is incredibly down to earth and relaxed,

Read More

Today only, Home Depot takes up to 40{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} off kitchen faucets and more

Today only, as part of its Special Buy of the Day, Home Depot is offering up to 40{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} off kitchen faucets, sinks, and bath fixtures. Free shipping is available for all. Our top pick is the FLOW Classic Series Kitchen Faucet at $69. Regularly $100, today’s deal is the second-best offer we’ve tracked all-time. This model offers a “quick and simple DIY install,” which should make it easy to tackle while getting things up and running. This classic chrome design can be swapped out for other colors at a slight premium in today’s sale to match your decor. Rated 4.8/5 stars. Hit the jump for even more deals down below.

For a more modern design, consider the FLOW Single-Handle Pull-down Spring Neck Kitchen Faucet on sale today for $179. That’s a $21 savings from the regular going rate. This model features a brushed nickel design and a spring-loaded handle that returns to its place when not in-use. Rated 4.7/5 stars.

You can dive into the rest of today’s sale here for even more deals on kitchen and bathroom faucets, along with bidets, and more. We also have a number of deals in our home

Read More

Sonakshi Sinha’s interior designer takes us inside the Bollywood star’s newly-renovated Mumbai home

While the world continues to follow social distancing guidelines, Bollywood celebrities, just like so many of us, have been able to spend their time with loved ones and focus their attention on personal projects. While the likes of Alia Bhatt, Janhvi Kapoor and Hrithik Roshan added new properties to their list in the past year, others, like Sonakshi Sinha and Jacqueline Fernandez, gave their existing residences a makeover. In Sinha’s case, it was interior designer Rupin Suchak who transformed her apartment, located in the very same Juhu residential complex in which her parents Shatrughan Sinha and Poonam Sinha live. “I think it’s one of the most striking projects I have been involved in,” he revealed to Vogue India, describing the space as “extremely minimalistic with clean lines,” yet with an unmissable boho flair. “Overall, it feels welcoming and comforting enough [for you] to walk in and just throw yourself on a couch.”

With its muted palettes, playful pops of textiles, and bamboo shutters, Sinha’s newly renovated home paints quite the pretty picture, and is one you’ve got to check out if you need a little decor inspo. Below, we take you through the prettiest corners of her abode. 

Sonakshi Sinha’s

Read More

Thoughtful design approach takes the edge off Brutalist-inspired Toorak home

A design collaboration between architecture studio Cera Stribley and interiors specialists AV-ID Design led to the construction of a Brutalist architecture-inspired home in the exclusive suburb of Toorak in Melbourne.

Cera Stribley and AV-ID Design were able to achieve the perfect balance between the Brutalist built form and the elegant interiors of this modern home. To address challenges such as the irregular shaped site and a six-metre drop, the architects opted for a floorplan that featured a grand foyer in the centre with various spaces of different volumes and function branching off from this point. The different wings envelop the site while allowing a view of the sprawling garden or the city from each room.

“The architecture of this building responds directly to the general typology of houses now found throughout its context and aims to counteract this in a positive way. The sculptural form is designed to direct views inwards and to the northern side of the site while maintaining privacy,” Cera Stribley explained.

The Toorak house features two living areas, four bedrooms, a study and an open-plan kitchen and dining space – all spread across three levels with a spiral staircase connecting the different floors. In addition to

Read More