Redfin Uses A Curious Definition of "Bubble"

  First of all, I know there’s cool Q1 news out there and coming soon from companies I’m keeping track of. But I’m at the T3 Summit today, so look for the Q1 updates next week. In the meantime, I thought I would take notice of something… a bit odd. Bubblicious… Or Not Read this … Read more

A Few Questions on Housing Inventory

My friend Mike Simonsen of Altos Research recently put up an excellent post explaining why he thinks the housing inventory levels remain so low. Read the whole thing, since Mike is one of the sharpest guys in the industry, and he uses data that the other analysts often do not. In summary, Mike thinks that … Read more

Something’s Not Adding Up Here… Housing Is Back, But FHA Needs a Bailout?

Housing is back! So says the media and Lawrence Yun of NAR. 872,000 new housing starts in September. Prices are up some 11.7% in September. And Lawrence Yun is projecting 15% increase in home values over the next three years. So… what the hell is going on over at the FHA? The Federal Housing Agency, … Read more

Something's Not Adding Up Here… Housing Is Back, But FHA Needs a Bailout?

Housing is back! So says the media and Lawrence Yun of NAR. 872,000 new housing starts in September. Prices are up some 11.7% in September. And Lawrence Yun is projecting 15% increase in home values over the next three years. So… what the hell is going on over at the FHA? The Federal Housing Agency, … Read more

Don't Let The Loss Fool You; Realogy Is Getting Healthy

Last year, I wrote that Realogy’s numbers looked pretty good to me, despite the fact that Realogy had lost $237m in Q1 of 2011. I figured I might as well dip back into that water since I’m interested in my old corporate home (I started my real estate career at Coldwell Banker Commercial), and well… I … Read more