According to Google Trends, consumer’s interest in learning about a potential “housing bubble” is back at its rolling 12-month high. Given my recent speculation about the government’s misleading CPI calculation, I certainly am a contributor to the increase in Google searches on the topic of housing bubbles. Lately, I’ve written about why the housing market … Read more
A reader sent me an article I had missed from the New York Times, titled “Realtors Want to Sell You a Home. Their Trade Group Backs Evicting Others.” It was… well, it’s New York Times, which used to be a great newspaper. The article was posted in the Money section, and I kept looking for … Read more
There must be something in the water. I got three separate emails recently regarding publicly-traded brokerages. Two were on EXPI because they hosted an analyst day, and one was on Compass. Plus, there’s a lot of noise out there debating whether Compass is a tech company or a brokerage or whatever. Since I’ve been covering … Read more
When it comes to Bitcoin becoming the world’s reserve currency to replace the dollar, it has a lot going for it. The price of Bitcoin has gone from $192 dollars in October of 2013 to $57,000 today. That’s an insane 29,587% increase in value. A lot of the world’s biggest investors have publicly mentioned their … Read more
I thought I’d post this up here as well. I recorded a brief(ish) podcast/video about my 2018 Future of Brokerage white paper. You can download that paper for free right here (see above, under Publications). I talk about that paper sometimes in presentations, and I’ve gotten questions on it from various brokers in the audience. … Read more
Have you guys been keeping up with the Archegos crash? That looks like an absolute nightmare. Everyone believed Archegoes was solvent as well but the second there was any miscalculation, they lost everything. Worse, the banks were left to squabble over who had to incur the losses. Credit Suisse took a 4.7 billion dollar hit … Read more
Hey everybody – just a very quick little post on something I’m trying out. This is a video I made today because I got a bunch of questions about brokerage models and such from recent presentations I’ve been giving. I thought perhaps it might be of some use to some of you, especially those who … Read more
Happy Friday everybody. I’m back from the road, because, yeah, that started again. I wasn’t thinking of writing anything today, but then I heard the latest Randing and Raving from Bill Risser and Joe Rand. It’s an entertaining podcast because Bill and Joe are super entertaining guys. Go subscribe! In any event, the question that … Read more
Late last week, Rob and I connected and, once again, he gave me some feedback on my work. His latest recommendation is that I familiarize myself more with the current broker landscape. His June 2018 Red Dot on Zillow, Redfin and Realogy is where I have begun taking a deep dive. While I don’t expect … Read more