Real estate journalism in the mainstream media is not exactly the stuff of Pulitzers. But even by that low standard, this “news story” from MarketWatch (via Realtor.com) is amazingly incoherent. Titled “Half of Americans Can’t Afford Their House“, the main thesis of the article is that housing affordability is a serious crisis: Over half of … Read more
I meant to get this up days ago, but between travel, client engagements, other writings, and an upcoming vacation, I just couldn’t. But if you’ve missed Part 1, you can check it out here. In a nutshell, part 1 worries about whether the acquisition would be allowed to proceed without the government requiring that ListHub … Read more
By now, I’m sure any reader of mine knows that we have seen the second major blockbuster deal in the digital real estate space, with Rupert Murdoch’s News Corp agreeing to buy Move, Inc., the operator of Realtor.com, Top Producer, Tiger Leads, ListHub, and other brands. It’s an all-cash offer of $21 per share, which … Read more