Like It or Not, You’re All Political Analysts Now

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

What is the Agent's Job?

I’m in Austin, TX on personal business, and thought I would take advantage of the trip to visit with my friends Krisstina and Gary Wise, and Jack Miller, at the GoodLife Team.  Well, it just so happened that Keller Williams was holding a huge conference in town the same week, bringing a number of people … Read more

What is the Agent’s Job?

I’m in Austin, TX on personal business, and thought I would take advantage of the trip to visit with my friends Krisstina and Gary Wise, and Jack Miller, at the GoodLife Team.  Well, it just so happened that Keller Williams was holding a huge conference in town the same week, bringing a number of people … Read more

Future of Rentals: PETRA, TRA, and End of Housing As We Know It

[Note: This is a longer version of the original, which was posted on AOL Housingwatch a few days ago.  I’m crossposting it because Notorious ROB has no space constraints and my readers are used to 2,000 word posts, heh. :)] In Part 1 of this series, where I laid out why I believe the 30-year fixed … Read more

Carnival of Real Estate Policy, Inaugural Edition

Welcome to the first Carnival of Real Estate Policy.  It seems impossible that the real estate blogosphere has gone so long without talking more about government policy given that real estate is a heavily regulated industry, and the more important organization in real estate is a industry lobby group (NAR).  But for the most part, … Read more

Fannie and Freddie: Into Commercial Real Estate, Out of Residential

In my earlier post on the New Normal in real estate, a commenter took issue with my predictions about the future of the 30-year fixed rate mortgage (among other claims).  I thought I would expand on that aspect a bit. The specific mechanism that I think will be put in place is a change in … Read more

Seven Big Questions: The MLS Edition

I’m honored to be asked to give the closing remarks at the Council of MLS conference in Chicago this year at the end of September/early October.  Since I’m supposed to be wrapping up the discussions of those few days, I can’t actually prepare anything ahead of time.  But I can sort of cheat by putting … Read more