Transparency in Bidding… A Question That May or May Not Be Hypothetical

Let me tell you a story. It may be fiction, it may be nonfiction. It’s about a man, who may or may not be a Ivy League-educated lawyer who is the chief counsel for a Democrat Congresswoman with enormous power in the House. Let’s say his name is Dave. He may or may not be … Read more

Grading Time! Reviewing My 2014 Predictions

Welcome to another edition of an annual tradition, in which I go back and grade myself on my predictions made at the start of this year. My track record so far: 2010 Predictions: 6 of 10 (.600) 2011 Predictions: 4.5 of 7 (.642) 2012 Predictions: 2 for 7 (.286) 2013 Predictions: 4.5 of 7 (.642) When … Read more

Antitrust Questions on MLS Decision to Screw With Syndication

Having just spent a couple of days at CMLS, a young man’s fancy turns to questions of MLS-related things. In this case, a middle-aged man’s fancy might turn that way too, since it’s been a while since I’ve been a young man with fancy of any sort. As most of my readers probably know, RealTracs, … Read more

Association, MLS, RPAC: An Idea for Political Domination

File this one under: “There Is No Box” kind of thinking. The reason why this isn’t a Black Paper (yet) is that I haven’t checked with enough lawyers to see all of the possible pitfalls, but that might happen sooner rather than later. A couple of weeks ago, I mentioned that I was having an … Read more

Zillow Plays the Race Card in Advance of Hosting HUD Secretary Donovan

Last Thursday, Zillow released a report on minority access to mortgages in partnership with the National Urban League. In case you were wondering what the conclusion of the report might have been, it was titled, “A House Divided: How Race Colors the Path to Homeownership“. The topline conclusion comes from Stan Humphries, Zillow’s Chief Economist … Read more

Seven Predictions for 2014: Power Ballads Edition

I wanted to get to this before 2014 dawned, of course, but… it was more fun to hang out with my boys. And by that I don’t mean my posse of secret real estate pundits, but my actual biological progeny. In any event, it’s customary here at Notorious to make predictions that are sure to … Read more

Grading Time! Reviewing My 2013 Predictions

Welcome to another edition of an annual tradition, in which I go back and grade myself on my predictions made at the start of this year. My track record so far: 2010 Predictions: 6 of 10 (.600) 2011 Predictions: 4.5 of 7 (.642) 2012 Predictions: 2 for 7 (.286) As ever, I hope to be … Read more

A Few Thoughts On The Zillow Housing Forum

Two weeks ago, Zillow organized a small event in Washington DC with the title “Getting Our House In Order: Solving the Lingering Issues of the Housing Recession”. The full program was filmed and is available here. If you’re pressed for time, you can get the highlights here. I was on an airplane to California then, … Read more

Zillow Strikes Again

On the newswire this morning was a press release announcing the broadcast of an interview with Senators Bob Cocker (R-Tenn) and Mark Warner (D-Va) conducted by Zillow Chief Economist and all-round trend prognosticator, Dr. Stan Humphries. The senators are co-sponsors of Senate Bill 1217, the Housing Reform and Taxpayer Protection Act of 2013 which seeks … Read more