In this episode, I chat with my good friend Keith Robinson, also the Chief Strategy Officer of NextHome. We discuss the housing market, why Keith doesn’t believe there’s a housing bubble, banter about what is actually going on with the insanity that is housing today, and where he sees things headed. Quite a topic for … Read more
Back in 2019, I wrote a post titled Pass Clear Cooperation Policy, But Address the Gaping Loophole. In that post, I pointed out that because of the office exclusive loophole, Clear Cooperation Policy creates bizarre new incentives: In the FAQ that accompanied Policy 8.0, we are told that this policy does not affect “office exclusive … Read more
Recently, I’ve been trying to research what is going on with buyers in the residential real estate market. Specifically, I’m curious what is happening with institutional investors. My gut tells me that we’re probably seeing a lot more interest in single family housing units from institutions… but there’s very little data to prove or disprove … Read more
I saw a Facebook post talking about a common problem with real estate agents — buyer disloyalty. That got me wondering, why aren’t we moving towards agents getting paid by the hour? It would solve so many problems. The way that real estate agents are getting paid leads to a lot of issues, one of … Read more
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
Sam DeBord has posted something he himself called “where we dig into the hard work.” It’s worth reading if you’re in the MLS subsector, or care deeply about it. If not, I doubt you’d care very much. The post is “Breaking Down the Rules: Brokers and MLS Data (LEAP Part 3).” Since he asked people … Read more
As it now stands, America functions because other countries want the US dollar. It is still the currency that runs the global economy. Thank God. Without it, we would not be able to domestically produce enough produce, so to speak, to function. For some reason, America, at least in its way of thinking, is planning … Read more
Earlier today, we all got the news that CoStar is buying Homes.com from Dominion for $156 million cash: WASHINGTON–(BUSINESS WIRE)– CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, announced today that it has reached a definitive agreement to acquire Homes.com, a division of Dominion Enterprises, for … Read more