2023 Starts With Hopeful Signs, or Average People Are Smarter Than a Writer for The Atlantic

A reader sent me this provocative article in The Atlantic, with the provocative title, “The Homeownership Society Was a Mistake.” At first, as I read through the damn thing, I was concerned that the writer had tapped into something real in the psyche of younger Americans who are getting royally screwed by the economy generally, … Read more

The Mystery of the Housing Market in the Fall of 2022

I have to go back to work on a number of projects, but… I had to puzzle this out with you all in public. The latest Redfin report on the housing market is… weird. The headline is “mortgage payments hit all time high” as the Fed keeps hiking rates. So the recommendation is for sellers … Read more

Real Estate Brokerages and the Changing Tides

As most of you know, I used to do in-depth updates for each of the publicly traded companies in the residential real estate sector. Since I’m not an investment analyst, my interest was always on what the public information these companies had to disclose signifies for the real estate industry as a whole. I still … Read more

Notorious POD, Ep 30: Musings. Fed Action, Housing and Millennials.

Musings is a solo version of the Notorious POD in which I think out loud about issues in the economy, technology, and real estate industry. In this episode, I react to a wonderful video from Blockworks called “What Will Happen if the Fed Raises Rates with Danielle DiMartino Booth.” I strongly recommend viewers to consider … Read more

Musings on Demand: Could Investors Sustain Home Prices?

Just watched a YouTube videos from Nicholas Gerli of Reventure Consulting that has me wondering about the housing market in the years to come. The big question is, could investor demand alone sustain current (and future) home prices? You can watch the full video below, but the fundamental take is that home prices will collapse, … Read more