Two Charts To Ruin My Lovely Monday Morning

It’s a beautiful day here in Las Vegas. 77 and sunny, high of 84, not a cloud in the sky and no gale force winds. Just a lovely, lovely day. Then I get in front of my computer, and find this story from Mises.org. Granted, it’s a couple of weeks old, but I don’t check … Read more

The Biggest Flaw in NAR’s Defense of Commissions

I’ve been busy, including my first actual physical business trip in quite a while. I am happy to report for those who might have FOMO that air travel is even less pleasant than it was pre-virus. Trust me, you ain’t missing nothin’. In the strat plan session I ran, we talked about the commission lawsuits … Read more

Thoughts on American Antitrust Institute’s Virtual Roundtable on Real Estate

Wednesday morning, I found myself staring at the monitor waiting for the Zoom meeting to start going. It was the American Antitrust Institute’s Virtual Competition Roundtable: Competition in Real Estate – Taking Stock of the “American Dream” event. Since AAI is a legit think tank in DC with a 13 year history, I figured the … Read more

[VIP] Opendoor Technologies, Q4 and Full Year 2020 Results: Guess Who’s Back

Opendoor reported its Q4 and full year 2020 results a week ago, and I couldn’t get to looking closer at them until now. What I’m seeing is impressive as hell. It’s so impressive in fact that I broke my own self-imposed rule and decided to go long on Opendoor. So yeah, take everything I write … Read more

[VIP] RE/MAX Q4 and FY2020: Looking Forward

Obviously, this analysis is late. RE/MAX reported its Q4 and full year 2020 results on February 25th, almost two weeks ago. I’m just now getting around to it because… well… a sense of obligation perhaps. Because frankly, after everything I wrote about RE/MAX the last few earnings calls (Q3 here, Q2 here, Q1 here, Q4-2019 … Read more

The Notorious Interview: Episode 21 – Dr. Jacob Faber, NYU

In this episode, I speak with a researcher and policy influencer, Dr. Jacob Faber, an Associate Professor of Sociology and Public Service at New York University. I wanted to talk to him given his research on systemic inequality, race and ethnicity, and  housing. He was one of the experts that the New York State Senate … Read more

Housing Market Craziness…Do Millennials Stand a Chance??

It is with great pleasure, and some queasiness, that I write my second blog post. The pleasure lies in my eagerness to keep writing for you guys. The queasiness, however, comes from the absolute chaos associated with first-time buyer experiences. As I’ve said, I’m new to the world of buying and selling homes, so I … Read more