1. Personal home page Geography 5361 Geography and Real Estate

2. I own a house in West St. Paul

3. I possess fee title to a house – a residential structure – at 979, Ohio St. West St. Paul, Dakota County, Minnesota

4. I own a house in West St. Paul I possess fee title to a house – a residential structure – at 979, Ohio St. West St. Paul, Dakota County, Minnesota I purchased the house for $216,000 on Nov. 11 2011 I put down $20,000 and borrowed $190,000 from Bell Mortgage Co. for 30 years with a 4.0% interest rate

5. I own a house in West St. Paul I possess fee title to a house – a residential structure – at 979, Ohio St. West St. Paul, Dakota County, Minnesota I purchased the house for $216,000 on Nov. 11 2011 I put down $20,000 and borrowed $190,000 from Bell Mortgage Co. for 30 years with a 4.0% interest rate I acquired title from a married couple – who owned the house as joint tenants – with a warranty deed

6. I own a house in West St. Paul I possess fee title to a house – a residential structure – at 979, Ohio St. West St. Paul, Dakota County, Minnesota I purchased the house for $216,000 on Nov. 11 2011 I put down $20,000 and borrowed $190,000 from Bell Mortgage Co. for 30 years with a 4.0% interest rate I acquired title from a married couple – who owned the house as joint tenants – with a warranty deed Bell Mortgage Co. sold the mortgage to U.S. Bank in 2012 I pay $1,120/month (PITI) to U.S. Bank (Principal, interest, taxes, insurance) I have a home equity line of credit with U.S. Bank for $25,000, interest only, for 10 years

7. I own a house in West St. Paul I possess fee title to a house – a residential structure – at 979, Ohio St. West St. Paul, Dakota County, Minnesota I purchased the house for $216,000 on Nov. 11 2011 I put down $20,000 and borrowed $190,000 from Bell Mortgage Co. for 30 years with a 4.0% interest rate I acquired title from a married couple – who owned the house as joint tenants – with a warranty deed Bell Mortgage Co. sold the mortgage to U.S. Bank in 2012 I pay $1,120/month (PITI) to U.S. Bank (Principal, interest, taxes, insurance) I have a home equity line of credit with U.S. Bank for $25,000, interest only, for 10 years I have service from St. Paul Water Utilities, Xcel Energy, Direct TV

8. I own a house in West St. Paul I possess fee title to a house – a residential structure – at 979, Ohio St. West St. Paul, Dakota County, Minnesota I purchased the house for $216,000 on Nov. 11 2011 I put down $20,000 and borrowed $190,000 from Bell Mortgage Co. for 30 years with a 4.0% interest rate I acquired title from a married couple – who owned the house as joint tenants – with a warranty deed Bell Mortgage Co. sold the mortgage to U.S. Bank in 2012 I pay $1,120/month (PITI) to U.S. Bank (Principal, interest, taxes, insurance) I have a home equity line of credit with U.S. Bank for $25,000, interest only, for 10 years I have service from St. Paul Water Utilities, Xcel Energy, Direct TV

16. 979 Ohio St. West St. Paul Legal description – boundaries and location related to the plat “Lots 5 & 6 except the northerly 8 ft. of C. Johnson’s Addition to the City of West St. Paul”

17. Dakota County Home & Property Ramsey County Property and Tax Information Hennepin County Property Information Search

18. How I behave on my real property depends on the nature of my real property rights defined by state and federal law My choices are framed by law some of which concern the real property rights I possess some of which concern the personal property rights I possess – income, age, “life style”

19. Real Estate Like most terms a hodgepodge of meanings – depends on context – contingent

20. Real Estate Like most terms a hodgepodge of meanings – depends on context – contingent Real property – as opposed to personal property

21. Real Estate Like most terms a hodgepodge of meanings – depends on context – contingent Real property – as opposed to personal property Estate – An amount of land Estate – A collection (bundle) of legal rights over land – to use, to convey (sell) Real Estate – Land and Buildings

22. Real Estate Like most terms a hodgepodge of meanings – depends on context – contingent Real property – as opposed to personal property Estate – An amount of land Estate – A collection (bundle) of legal rights over land – to use, to convey (sell) Real Estate – Land and Buildings Real Estate LicensingReal Estate Licensing (Minnesota Department of Commerce) 90 hours of approved real estate education apply for a license with a broker to the Department of Commerce Course 1Course 1 (Kaplan Real Estate Education)

23. Some Gross Statistics United States households – have $9.6 trillion or 16% of their wealth in real estate; farmers have another $1.3 trillion of equity in their farms

24. Some Gross Statistics United States households – have $9.6 trillion or 16% of their wealth in real estate; farmers have another $1.3 trillion of equity in their farms Total household wealth in real estate nearly 20% of household assets

25. Some Gross Statistics United States households – have $9.6 trillion or 16% of their wealth in real estate; farmers have another $1.3 trillion of equity in their farms Total household wealth in real estate nearly 20% of household assets In the United States 79% of residents live in urban areas

26. Some Gross Statistics United States households – have $9.6 trillion or 16% of their wealth in real estate; farmers have another $1.3 trillion of equity in their farms Total household wealth in real estate nearly 20% of household assets In the United States 79% of residents live in urban areas The World Bank estimates that real property values account for between one-half and three- quarters of wealth in most economies

27. Housing Finance Foreclosure Crisis Foreclosure Crisis (ProPublica) The State of the Nation’s Housing 2011 The State of the Nation’s Housing 2011 (Joint Center for Housing Studies Harvard University June 2011) The Housing Finance RevolutionThe Housing Finance Revolution (Federal Reserve Bank, Kansas City Aug. 2007) Report on the Troubled Asset Relief ProgramReport on the Troubled Asset Relief Program (Congressional Budget Office Oct. 2012) Promoting Homeownership in the United States: The Rise and Fall of Fannie Mae and Freddie MacPromoting Homeownership in the United States: The Rise and Fall of Fannie Mae and Freddie Mac (Kelsie Brandlee, April 2011) The Office of the Special Inspector General for the Troubled Asset Relief Program Consumer Financial Protection Bureau

28. My Interests – as a Geographer My intellectual interests are descriptive, attempting to document how the U.S. landscapes has evolved by focusing on the institutional forces that provide the framework for virtually all human behaviors – especially those that produce “material culture”

29. My Interests – as a Geographer My intellectual interests are descriptive, attempting to document how the U.S. landscapes has evolved by focusing on the institutional forces that provide the framework for virtually all human behaviors – especially those that produce “material culture” A curious journalist

30. My Interests – as a Geographer How the United States has organized space and behaviors

31. My Interests – as a Geographer How the United States has organized space and behaviors How legal entities - individuals, corporations, governments in the United Statescorporationsgovernments acquire and possess the legal right to use the land surface, and

32. My Interests – as a Geographer How the United States has organized space and behaviors How legal entities - individuals, corporations, governments in the United Statescorporationsgovernments acquire and possess the legal right to use the land surface, and exercise those rights to produce goods and provide services, and

33. My Interests – as a Geographer How the United States has organized space and behaviors How legal entities - individuals, corporations, governments in the United Statescorporationsgovernments acquire and possess the legal right to use the land surface, and exercise those rights to produce goods and provide services, and thus create landscapes – the visible effects of human behavior, and

34. My Interests – as a Geographer How the United States has organized space and behaviors How legal entities - individuals, corporations, governments in the United Statescorporationsgovernments acquire and possess the legal right to use the land surface, and exercise those rights to produce goods and provide services, and thus create landscapes – the visible effects of human behavior, and convey all or some of those rights to other entities The 2012 Statistical AbstractThe 2012 Statistical Abstract (U.S. Census Bureau)

35. Organization of Space Organization of Behavior Landscape The Nature of Landscape

36. Organization of Space Organization of Behavior Law Public Policy Landscape The Nature of Landscape

37. Organization of Space Organization of Behavior Law Public Policy Landscape The Nature of Landscape Goods Service Artifacts Legislation Regulation Judicial Opinions

38. Organization of Space Organization of Behavior Law Public Policy Landscape Evaluation The Nature of Landscape Goods Service Artifacts Legislation Regulation Judicial Opinions Economic indicators

39. The Text for Landscape (A)ny landscape is an artifact - an object made by man. Its condition, rightly seen, reveals a society's culture as directly as does a novel or a newspaper or a Fourth of July oration because today's environment, the "natural part included, is synthetic (Roderick Nash The American Environment: Readings in the History of Conservation, 1968 ix)

40. A Text for Landscape (A)ny landscape is an artifact - an object made by man. Its condition, rightly seen, reveals a society's culture as directly as does a novel or a newspaper or a Fourth of July oration because today's environment, the "natural part included, is synthetic (Roderick Nash The American Environment: Readings in the History of Conservation, 1968 ix) Our human landscape is our unwitting autobiography, reflecting our tastes, or aspirations, and even our fears, in tangible, visible form.... All our cultural warts and blemishes are there, and our glories too; but above all, our ordinary day-to-day qualities are exhibited for anybody who wants to find them and knows how to look for them (Peirce Lewis "Axioms for reading the landscape, some Guides to the American Scene" in Donald Meinig (ed) Interpretations of Ordinary Landscapes (New York, Oxford University Press, 1979 23 )

41. Goods, Services, Artifacts

42. Space organized by Government Units

43. Space organized by Ownership Units

44. Modern Half–Section Map (S1/2 Section 31 T 28 N R 22 W) 320 acres

45. A recorded platrecorded

46. The Organization of Space –The Nature of Place Each place, and what we call it depends on the scale of observation, possesses Boundaries – spatial extent –horizontal –vertical Location – relative or absolute Temporal Boundaries?

47. The Organization of Space –The Nature of Place Governments - generally organized spatially Horizontally – boundaries Vertically – sovereignty in air space

48. The Organization of Space –The Nature of Place Governments - generally organized spatially Horizontally – boundaries Vertically – sovereignty in air space Historical Trend Increasing number Decreasing size

49. The Organization of Space –The Nature of Place Real Estate Organized spatially Horizontally – boundaries Vertically – buildable air space Organized temporally – time share, lease

50. The Organization of Space –The Nature of Place Real Estate Organized spatially Horizontally – boundaries Vertically – buildable air space Organized temporally – time share, lease Historical Trend Increasing number Decreasing size

51. Source for Real Estate Information Relevant Newspapers Minneapolis Star Tribune St Paul Pioneer Press Minnesota Public Radio Lillie Suburban Newspapers Southwest Newspapers Minnesota Real Estate Journal Finance & Commerce Southwest Journal Downtown Journal Minneapolis St Paul Business Journal Probate & Property MagazineProbate & Property Magazine (American Bar Association)

52. Accessing relevant material- Star Tribune Use key words Use journalist’s name Neal St. Anthony Chris Farrell Dennis Anderson Kenneth Harney Townhouse boom fizzlesTownhouse boom fizzles (Susan Feyder) Twin Cities experts expect strong 2013 real estate marketTwin Cities experts expect strong 2013 real estate market (Don Jacobson) Southdale shopping for rejuvenationSouthdale shopping for rejuvenation (Jim Buchta) Suburbia is sprouting in the open fields of MedinaSuburbia is sprouting in the open fields of Medina (Tom Meersman) Washington County adds more land to its Legacy wish listWashington County adds more land to its Legacy wish list (Kevin Giles)

53. Minnesota Public Radio (Archives date back to 1972) Use key words Use journalist’s name Some worried jump in farmland price could be next real estate bubbleSome worried jump in farmland price could be next real estate bubble (Mar Steil) Investigation uncovers real estate kickback schemeInvestigation uncovers real estate kickback scheme (Dan Olson) Immigrants increasingly important in real estate market Immigrants increasingly important in real estate market (Andrew Heig) Minnesota mining lease offer draws three biddersMinnesota mining lease offer draws three bidders (Stephanie Hemphill)