In the next couple of weeks, we’ll get earnings releases from Zillow. I wish we get earnings reports from Opendoor and Offerpad, but… hey, we can only look at what we can look at. So I completed my analysis of Q4 iBuyer numbers out of Phoenix, where I have the best dataset. Let’s see what … Read more
The first interview of the New Year is with Nick Taylor, VP of Growth at Modus.
If you managed to make it all the way through the massive post that was Part 1, let me thank you first of all and congratulate you on your powers of focus and concentration. I must warn you that this Part 2 is quite likely to be very, very long as well. We might start … Read more
[Warning: this is a very long post, even by my standards. I encourage you to take frequent breaks, brew a fresh pot of coffee, and maybe re-read sections if they interest you.] Last week, I broke the news that Realogy was going to shut down Climb, the San Francisco-based “youth culture” brokerage, and consolidate it … Read more
EXERPT TEST: This text has to be 20 words right now. Working on a more permanent solution eighteen nineteen twenty.
In today’s episode of the Notorious Interview, I have a fantastic conversation with a pair of economists from Zillow Research, which publishes an annual Consumer Housing Trends Report. It is one of the best research studies on what is happening on the ground with buyers, sellers and renters. Ms. Olsen is the Director of Economic … Read more
In today’s episode of the Notorious Interview, I talk with Jarred Kessler, Founder & CEO of EasyKnock, the most interesting company in our space I had never heard of. I corrected that oversight, obviously, and I thought you should too. EasyKnock is hard to classify: it’s kind of like a blend between a bridge loan … Read more
Earnings Week content keeps rolling on! It’s time we took a look at Realogy, the bellwether for health of traditional real estate brokerage. I wish I could report some joyful news on that front, but alas, I just can’t. Realogy is still profitable, generating good free cash flows, and still making some moves. It’s just … Read more
Back in Q2, I titled my analysis of Zillow’s earnings, “Going All In” and wrote: When Rich Barton took (back) over as CEO of Zillow earlier this year, I wrote a Red Dot and titled it, “The Return of the King.” I didn’t realize then that the king was not just a fighter, but a … Read more