Although the current candidates for President have been relatively quiet about the issue of housing, Bernie Sanders has finally released a major plan calling for universal housing: “Homeownership has always been the American Dream. What’s more, housing is a fundamental human right. Yet, our housing market is completely broken. It benefits Wall Street while screwing … Read more
The real estate industry has been talking about low supply for a couple of years now, but it seems that some in the mainstream media have finally woken up to the issue. Chris Matthews writing in Fortune thinks that the housing crisis never ended – it just morphed into something else: “America is experiencing a … Read more
Back in the dark, dark days of the Bubble (2008-2011), I remember thinking a lot about, and talking about, strategic default. Here’s a sample from the tail-end of 2010: What got me wondering is whether that commercial and others like it, which constantly denigrate banks, call mortgages illegal and immoral, and talk about how you … Read more
There’s not much that excites the hoi polloi of the real estate industry more than the suggestion of disintermediation: that one day, buyers and sellers would transact business without having to call their local REALTOR and pay the commission. If it’s not one lion over the hill, then it’s another. If it’s not a lion, … Read more
Yesterday, either Inman News or I broke the news that the California independent contractor case, Bararsani v. Coldwell Banker was settled. (I kinda think I broke it, because the settlement came down on the 13th, and since Inman has actual reporters and such, I’d have thought they’d have sniffed it out between then and the 18th, when my post … Read more
Thanks to reader Aileen Kane (who is one of you — the best informed readers in real estate) I just got word (via a comment on an old post) that the final settlement in Coldwell Banker v. Bararsani case has been ordered by the court. From Law360 (registration required): Los Angeles Superior Court Judge William F. Highberger … Read more
It’s been a busy few days, so blogging has been very light. But I wanted to do a fun post about a fun (yet serious) topic that caught my eye. From the Washington Post comes this story of a man who shot down a drone in his backyard: William Merideth had just finished grilling dinner … Read more
It’s been a busy few days, so blogging has been very light. But I wanted to do a fun post about a fun (yet serious) topic that caught my eye. From the Washington Post comes this story of a man who shot down a drone in his backyard: William Merideth had just finished grilling dinner … Read more
As you can probably see, this is a special edition of my 7 predictions. I normally post those on my blog at Notorious R.O.B., but not this year! Brad Inman asked if I wanted to share these crazy predictions with the readers of Inman, and I thought, why not? I mean, these are predictions sure … Read more