I am not an economist, and I don’t play one on TV, and I didn’t stay at a Holiday Inn Express last night… but I kinda look like one. Plus, Seth Price of Placester isn’t an economist either as far as I know, although he’s a good friend who is not only brilliant but … Read more
Courtesy of NAR Research — one of the more valuable things on Facebook — comes this CNBC article on how investors are flooding the residential real estate market: The number of homes sold to investors more than doubled last year, as rising rents and low-priced distressed properties fueled demand. Investors, half of them using no … Read more
The Bipartisan Policy Center — a think tank based in Washington DC once described as the place “where moderate Republicans go to embrace their inner liberal” — has released a new study in conjunction with NAR, the Urban Institute, and USC that is worth reading in full if you’re interested in topics like future of … Read more
Things have been so weird and so negative in real estate for so long that I feel like Notorious has become some sort of a gloomy doom-porn blog, which isn’t exactly my intent. So it makes me happy to report some sunshine and happy stuff for once. The new Coldwell Banker TV advertising campaign absolutely … Read more
It’s a hot Saturday morning here in Houston, and the sunlight is so strong you can almost feel the weight of it on your skin. Maybe it’s early onset of sunstroke, but I felt like musing on random things. Feel free to skip this post; it isn’t likely to be useful to anyone. But I’m … Read more
First, watch (or not watch) this: Even though this video looks like hundreds of other listing videos that real estate agents have been shooting for years now, with the help of companies like Real Estate Shows and WellcomeMat, that video, you see, constitutes journalism. It comes from the Wall Street Journal, from their Developments … Read more
I’ve watched the above video three times now. It’s Morgan Spurlock, the filmmaker who made a number of documentaries, the most widely known of which is Supersize Me, talking about his new project: The Greatest Movie Ever Sold. It’s a look at the world of sponsorship, branding, and advertising. Watch the whole video. The TED … Read more
Coming off of an awesome, Hall-of-Fame type of year in which I batted .600 in predictions (or, alternatively, a year in which I only got 6 out of 10 predictions even remotely close to right, and hence am a big #FAIL), I thought I would don the Nostradamus hat once again and make foolish predictions … Read more
My friend Matt Dollinger recently commented on a post by the longtime real estate expert Steve Harney. Both were commenting on the doom & gloom article from Time Magazine on how homeownership is overrated. Steve Harney rightfully takes Time to task: Again, they are simply arguing a miniscule point of an extensive research paper that … Read more