The Truth About Millennials and Housing with Nicole Lopez

I’m quite excited to bring you this post, largely because it is about showcasing someone else’s work that needs showcasing. This is an interview of Nicole Lopez, the team leader/owner of The PR Group with Compass in Houston. She is not just a successful REALTOR, she is also a rising leader in the local and […]

Are Investor Offers Always Worse?

I’ve been in the mountains of North Carolina the last couple of weeks with intermittent internet service and zero cell coverage. So obviously, blogging was nonexistent. I barely responded to emails, to be honest. One interesting conversation I had with Sunny around the campfire, though, was whether investor offers are always and everywhere worse than […]

BREAKING: Bernie Sanders Proposes Universal Housing

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 […]

Musings on the Supply Crisis

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 […]

Musing on Culture: Is There Still a Stigma to Foreclosure?

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 […]

Agent Professionalism, Millennials, and Value

Russ Cofano, formerly of Move and the former CEO of Missouri Association of REALTORS, and an all around thoughtful man who knows a lot, has penned an interesting op/ed for Inman. He thinks that the industry’s discussions about agent professionalism is (a) misguided, and (b) won’t matter because Millennial consumers will determine what is and […]

Why Am I Nervous About the 2016 Housing Market?

I think I need some help. [Ed: You’re just now realizing this? Really?] Something’s not really adding up for me as I think about the 2016 housing market forecasts. Economists, including one that looks a lot like me, are forecasting sort of modest growth for housing this year, based on 2015 being a great year. […]

Seven Predictions for 2016: The 90s Dance Music Edition

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 […]

Grading Time! Reviewing My 2015 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 for 10 (.600) 2011 Predictions: 4.5 for 7 (.642) 2012 Predictions: 2 for 7 (.286) 2013 Predictions: 4.5 for 7 (.642) 2014 Predictions: 3 for […]

Update on NBER's REALTOR Commission Study

A few weeks ago, I put up a post about a working paper study from the National Bureau of Economic Research that researched the question of real estate commissions. The authors basically concluded that the reason why real estate commissions are so high is because buyer agents steer clients to properties that are paying higher cooperating […]