The CoStar Red Dot Report is Now Available

Maybe I should be doing a press release or something, but we ain’t fancy like that around here. We’re a bit more down-home, take me home country roads style. Yes, I know that’s unusual for an Asian-American lawyer from the Ivy League, but that’s just how we roll here. After weeks of research, enormous effort, … Read more

Notorious P.O.D., Episode 4: Carol Seal & Mark Blazek from Greater Chattanooga Association of REALTORS

  In this episode, I have a great conversation with Carol Seal, CEO and EVP, and Mark Blazek, the President of the Greater Chattanooga Association of REALTORS. Topics range from their new website (at GCAR.net), their reasons for relaunching the public-facing portal, commercial real estate and the Association, off-market listings, third party websites, business models … Read more

Notorious P.O.D., Episode 4: Carol Seal & Mark Blazek from Greater Chattanooga Association of REALTORS

  In this episode, I have a great conversation with Carol Seal, CEO and EVP, and Mark Blazek, the President of the Greater Chattanooga Association of REALTORS. Topics range from their new website (at GCAR.net), their reasons for relaunching the public-facing portal, commercial real estate and the Association, off-market listings, third party websites, business models … Read more

A Few Random Questions About the Latest Rent Report

The Wall Street Journal reports that rents are up and vacancies are down across the United States: Apartment landlords are enjoying rising rents and falling vacancies. The average effective rent, the amount paid after discounting, was $997 in the second quarter of the year, up from $974 a year earlier, according to a report scheduled … Read more

[7DS] If By "Reinvent" One Means "Imitate", I Agree

[Original post at 7DSassociates.com] There is a fascinating post on Find It Fill It blog (looks to me like this is a commercial real estate brokerage of some sort) about how Loopnet’s “crowdsourcing” model will reinvent commercial real estate as we know it: This is like aiming a cannon to your competition that’s holding a … Read more

[7DS] If By “Reinvent” One Means “Imitate”, I Agree

[Original post at 7DSassociates.com] There is a fascinating post on Find It Fill It blog (looks to me like this is a commercial real estate brokerage of some sort) about how Loopnet’s “crowdsourcing” model will reinvent commercial real estate as we know it: This is like aiming a cannon to your competition that’s holding a … Read more

Fannie and Freddie: Into Commercial Real Estate, Out of Residential

In my earlier post on the New Normal in real estate, a commenter took issue with my predictions about the future of the 30-year fixed rate mortgage (among other claims).  I thought I would expand on that aspect a bit. The specific mechanism that I think will be put in place is a change in … Read more

Jumping into Shark Infested Waters: REonomy

Normally, I greet the news of yet another real estate search website launching with a giant yawn of utter disinterest.  Seriously, this space is starting to get pretty crowded.  Just among the major players, you’ve got Realtor.com, Trulia, Zillow, HomeGain, RealEstate.com.  Throw in Roost, Estately, Redfin, BlueRoof, and then the major brand sites like Coldwell … Read more