A Few Random Questions About the Latest Rent Report

The Wall Street Journal reports that rents are up and vacancies are down across the United States: Apartment landlords are enjoying rising rents and falling vacancies. The average effective rent, the amount paid after discounting, was $997 in the second quarter of the year, up from $974 a year earlier, according to a report scheduled […]

The Mystery of the Missing Commercial Real Estate Blog

Over at 7DS, I wrote up a little treatment on NAR’s finding that 1 out of 10 REALTORS has a blog. But here’s what makes me curious. Why are there so few equivalents in commercial real estate? I did a Google search on “real estate blog” and got about 187 million results. Did the same […]

[7DS] If By "Reinvent" One Means "Imitate", I Agree

[Original post at 7DSassociates.com] There is a fascinating post on Find It Fill It blog (looks to me like this is a commercial real estate brokerage of some sort) about how Loopnet’s “crowdsourcing” model will reinvent commercial real estate as we know it: This is like aiming a cannon to your competition that’s holding a […]

[7DS] If By “Reinvent” One Means “Imitate”, I Agree

[Original post at 7DSassociates.com] There is a fascinating post on Find It Fill It blog (looks to me like this is a commercial real estate brokerage of some sort) about how Loopnet’s “crowdsourcing” model will reinvent commercial real estate as we know it: This is like aiming a cannon to your competition that’s holding a […]

Fannie and Freddie: Into Commercial Real Estate, Out of Residential

In my earlier post on the New Normal in real estate, a commenter took issue with my predictions about the future of the 30-year fixed rate mortgage (among other claims).  I thought I would expand on that aspect a bit. The specific mechanism that I think will be put in place is a change in […]

Jumping into Shark Infested Waters: REonomy

Normally, I greet the news of yet another real estate search website launching with a giant yawn of utter disinterest.  Seriously, this space is starting to get pretty crowded.  Just among the major players, you’ve got Realtor.com, Trulia, Zillow, HomeGain, RealEstate.com.  Throw in Roost, Estately, Redfin, BlueRoof, and then the major brand sites like Coldwell […]

The Green Premium in NYC Rental Market Heads Towards Zero

A really fun discussion on Twitter with Robin Greenbaum (@cobrokenation) led me to just do a very quick, very back-of-napkin, and likely very inaccurate comparison between two rental units.  As Robin pointed out, since comparisons are very difficult, depends on many factors, and the like, no matter what I come up with, this is likely […]

Dear World Class Architect: Please Blog

I had a roommate in college who was an architecture major as an undergrad.  He was such an insufferable snob — for example, in the entire year we lived together, he never watched any movie that wasn’t by Fellini — that my view of architecture and architects may have been unfairly colored. Thankfully, I recently […]