After my last VIP post about money supply and possible asset bubble (?) in housing, I got a couple of emails from people asking what if any impact there might be on iBuyers as a result. I hadn’t thought hard about that, but it’s an interesting question. With some research, I’m leaning towards the idea … Read more
I’m quite excited to bring you this post, largely because it is about showcasing someone else’s work that needs showcasing. This is an interview of Nicole Lopez, the team leader/owner of The PR Group with Compass in Houston. She is not just a successful REALTOR, she is also a rising leader in the local and … Read more
I’ve been in the mountains of North Carolina the last couple of weeks with intermittent internet service and zero cell coverage. So obviously, blogging was nonexistent. I barely responded to emails, to be honest. One interesting conversation I had with Sunny around the campfire, though, was whether investor offers are always and everywhere worse than … Read more
Although the current candidates for President have been relatively quiet about the issue of housing, Bernie Sanders has finally released a major plan calling for universal housing: “Homeownership has always been the American Dream. What’s more, housing is a fundamental human right. Yet, our housing market is completely broken. It benefits Wall Street while screwing … Read more
The real estate industry has been talking about low supply for a couple of years now, but it seems that some in the mainstream media have finally woken up to the issue. Chris Matthews writing in Fortune thinks that the housing crisis never ended – it just morphed into something else: “America is experiencing a … Read more
Back in the dark, dark days of the Bubble (2008-2011), I remember thinking a lot about, and talking about, strategic default. Here’s a sample from the tail-end of 2010: What got me wondering is whether that commercial and others like it, which constantly denigrate banks, call mortgages illegal and immoral, and talk about how you … Read more
Russ Cofano, formerly of Move and the former CEO of Missouri Association of REALTORS, and an all around thoughtful man who knows a lot, has penned an interesting op/ed for Inman. He thinks that the industry’s discussions about agent professionalism is (a) misguided, and (b) won’t matter because Millennial consumers will determine what is and … Read more
There’s not much that excites the hoi polloi of the real estate industry more than the suggestion of disintermediation: that one day, buyers and sellers would transact business without having to call their local REALTOR and pay the commission. If it’s not one lion over the hill, then it’s another. If it’s not a lion, … Read more
I think I need some help. [Ed: You’re just now realizing this? Really?] Something’s not really adding up for me as I think about the 2016 housing market forecasts. Economists, including one that looks a lot like me, are forecasting sort of modest growth for housing this year, based on 2015 being a great year. … Read more