Courtesy of my buddy Keith Robinson on Facebook, I saw the latest release from Attom on Q1/2022 U.S. Home Sales. The report can be found here. The big takeaway appears to be that there was a decline in “profit margins” on median-priced single family homes: ATTOM, a leading curator of real estate data nationwide for … Read more
Suddenly, it’s become like legal issue week here at Notorious. I wrote about the entirely expected certification of class action status in Sitzer v. NAR yesterday. Today, I get emailed the opinion by the 9th Circuit Court of Appeals in the PLS.com v. NAR lawsuit. If the class action opinion from Sitzer required reading tea … Read more
A number of readers have sent me the news and the actual opinion from the court hearing Sitzer v. NAR (Case No. 19-CV-00332-SRB), in which the court basically granted the plaintiffs everything they wanted. This is now officially a class action lawsuit, certified by the court, to include thousands, if not tens of thousands or … Read more
I’m not at Inman New York for a variety of reasons, and apart from a hot karaoke night, I’m not feeling the FOMO yet. However, there is one interesting thing to come out of the event based on reporting on Inman. To make it interesting, I have to connect the dots from three separate articles. … Read more
A reader asked for my take on the 8th Circuit decision in Designworks v. Columbia House of Brokers, the case potentially headed to the Supreme Court. I normally like to do deep dives into legal cases that impact the industry like this one does, but honestly… having read the opinion, and the three amicus briefs … Read more
As I’m sure you all know by now, headline inflation rate for March came in at 8.5% resulting in predictable corporate media coverage. CNBC gives us a pretty representative take, making sure to interview only experts who want to downplay the significance and talk up how “core” inflation might have peaked. Me, I just saw … Read more
A recent conversation over at GEM (Geek Estate Masterminds) inspired me to look into something. That something turns out to be a very real use case for the metaverse beyond just gaming and cool factor for the cryptogeek crowd. Granted, I’m already on record as saying that the metaverse is the future of the workplace. … Read more
A reader sent me this episode of Keeping It Real, a podcast/YouTube video that Nick Bailey the CEO of RE/MAX does. It was on the topic of crypto, NFT, Web3, and such featuring two expert guests: Sam Debord of RESO and Tony Giordano of Giordano Industries, a real estate coach and author. For some reason, … Read more
I have often mentioned, especially in my Musings videos, that a discussion of money is actually far more complicated than I have time for. And that there are others who are far better at really digging into What Is Money including Robert Breedlove, whose YouTube channel is literally called What Is Money. But this long … Read more