As I’m sure you all have heard by now, Google has decided to beat a hasty retreat from real estate: In part due to low usage, the proliferation of excellent property-search tools on real estate websites, and the infrastructure challenge posed by the impending retirement of the Google Base API (used by listing providers to submit … Read more
As I’m sure you all have heard by now, Google has decided to beat a hasty retreat from real estate: In part due to low usage, the proliferation of excellent property-search tools on real estate websites, and the infrastructure challenge posed by the impending retirement of the Google Base API (used by listing providers to submit … Read more
Sami Inkinen, co-founder of Trulia, has written a blogpost about the future of syndication where he raises some important questions about where the real estate industry is headed with distribution of listings: Now that listing syndication has become a mainstream practice and “syndication sites” like Trulia have grown to serve millions of users, an old … Read more
It appears that the Massachusetts Supreme Court may rule soon on whether transfers of mortgages were properly done in a case called Ibanez. [UPDATE: The Court has ruled; the banks have lost, and we’ve got a problem. More on this later.] The lower court has already ruled (twice) that the foreclosures were invalid because the … Read more
Alex Perriello, the CEO of Realogy Franchise Group (the parent company of Coldwell Banker, Century 21, ERA, Sotheby’s, and Better Homes & Gardens), who used to be my boss’s boss, has an op/ed in yesterday’s New York Times. In it, he proposes a novel solution to the foreclosure crisis: Fortunately, there is a solution. Rather … Read more
Alex Perriello, the CEO of Realogy Franchise Group (the parent company of Coldwell Banker, Century 21, ERA, Sotheby’s, and Better Homes & Gardens), who used to be my boss’s boss, has an op/ed in yesterday’s New York Times. In it, he proposes a novel solution to the foreclosure crisis: Fortunately, there is a solution. Rather … Read more
I continue to try and think through the various issues of foreclosuregate. There are a lot of them. And some of them are petrifying. In my last post, I wondered about title issues. In this one, I wanted to sketch out my understanding of the possible problems to the entire global financial system: systemic risk. … Read more
Were I not driving across this great big nation of ours, I would have been far more productive on blogging about foreclosuregate. As it is, I’m fairly limited to writing at various truck stops in a larger work that hopes to lay out all of the issues and what the real estate industry can and … Read more