This is a public call for help. I’m not ashamed to admit it. I spent the last month or so trying to understand the view that higher interest rates, leading to higher mortgage rates, will tame the crazy housing market. Macroeconomics being what it is — at times, I feel like it’s a mystery wrapped … Read more
One of my favorite economic and finance analysts is a green chicken. Yes, I’m referring to Doomberg, a team with strong backgrounds in energy and heavy industry, who started writing in May of 2021. They’re funny, super insightful, and filled with insider knowledge about commodities, energy, manufacturing, and finance. Their newsletter was free until recently, … Read more
Over the past few weeks, there has been a flurry of posts, articles, tweets, and other expressions of… what to call them… predictions? opinions? studies? that all drive to the idea that the US housing market is either collapsing already, or about to collapse. Because the Fed, you know? Raise rates on fiat dollars, and … Read more
In Fortune, we get this story about 40 regional housing markets that are super overvalued where home prices might fall over the next year: Among those “overvalued” housing markets, which ones are actually likely to see home prices fall? In order, Zandi points to these “juiced-up” regional housing markets: Boise; Colorado Springs, Colo.; Las Vegas; … Read more
Unless you’ve been living under a rock, you’ve now seen, heard about, or personally experienced the market crash that happened and is happening right now. The crypto twitter is aflame. Reddit is a wasteland. Telegram and Discord are panicstricken. There’s a fair amount of dancing on graves, i-told-you-so and a fair amount of defensiveness. I’m … Read more
I’m not at Inman New York for a variety of reasons, and apart from a hot karaoke night, I’m not feeling the FOMO yet. However, there is one interesting thing to come out of the event based on reporting on Inman. To make it interesting, I have to connect the dots from three separate articles. … Read more
A recent conversation over at GEM (Geek Estate Masterminds) inspired me to look into something. That something turns out to be a very real use case for the metaverse beyond just gaming and cool factor for the cryptogeek crowd. Granted, I’m already on record as saying that the metaverse is the future of the workplace. … Read more
In the last webinar on Geek Estate Masterminds, Dave Conroy gave a presentation on blockchain, crypto, NFT and DAOs. Dave is not only a true expert on all things blockchain, he is also the Director of Emerging Technologies at NAR and a real forward-looking thinker. Proof? Here’s Dave writing about blockchain’s impact on real estate… … Read more
This is going to be a long and personal post. If you’re more interested in analysis of real estate companies, identifying major trends affecting housing, or explanation of things like web3 and real estate… go ahead and skip this one. This one is for me and maybe, just maybe, for a few of you who … Read more