In Which I Propose an Affordable Housing Solution

It’s way too late, but I have insomnia. Plus, Brad Inman of Inman News published a rare Op/Ed about Bernie Sanders’s housing plan with what seems like approval: I don’t agree with all of it, but Bernie Sanders was not afraid to put it forward. Cheers to that. Moreover, it is not a plan guided by […]

Notorious P.O.D. Episode 5: RentMetrics and George Kalogeropoulos

  Episode #5 is one of my favorites. I love introducing innovative startups in real estate to the high level elite audience that frequents this blog. (That would be you, dear reader/listener.) But this one was really special. George Kalogeropoulos, Founder and CEO of, is frikkin’ brilliant. I think you can tell just from […]

City of Eastvale to Real Estate Investors: FOAD

My last post dealt at some length with Federal policy. But in many of my writings, presentations, and comments, I point out that the folks who are most likely to get all up in your business are municipalities. Case in point: the city of Eastvale, CA, with some 57,000 residents, is contemplating telling real estate […]

Deconstructing Obama on Housing

As I’m sure my industry-savvy readers — that would be you — know by now, President Obama sat down with Spencer Rascoff, CEO of Zillow, for a half hour interview in which the President answered questions that Zillow gathered from social media. The video is embedded above. Thing is, if we’re going to understand where […]

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 […]

Seven Predictions for 2013: The AKUS Experience

  Once again, it is time for the world famous (in my own mind at least) annual tradition of making predictions for the coming year that are Guaranteed to be Wrong, or Your Money Back! This year, I thought I would pay tribute to the greatest musical act still working today: Alison Krauss and Union […]

Concerning QE3, A Few Thoughts…

  I am not an economist, and I don’t play one on TV, and I didn’t stay at a Holiday Inn Express last night… but I kinda look like one. Plus, Seth Price of Placester isn’t an economist either as far as I know, although he’s a good friend who is not only brilliant but […]

Rethinking the REThink Future Program, Part 2: The Ostrich Scenario

In part 1, I began to tackle the REThink Future program that is currently underway. I have posted Nicole-Anne Boyer’s gracious response to that post here. And now, we dive into the Scenarios themselves… because… well, because it’s fun for me. Let me reiterate my agreement with the idea that if the purpose of these scenarios is […]

On That Strong Buyer Demand Thing…

First, watch the video above. It’s my doppelganger Lawrence Yun, Chief Economist at NAR, explaining the 1.4% drop in June pending home sales. This comes on the heels of bad news about June released several days ago: June Existing Home Sales down 5.4% June New Home Sales down 8.4% And predictably, the media and various […]

Real Estate Hope and Change for the Hope and Change Generation

My friend Eric Stegemann, a Millennial himself, tweeted out the following article from BusinessWeek talking about the “Lost Generation” of Homeowners: For some analysts, the scariest outcome of the collapsed home-price bubble is that it could turn an entire generation of would-be homeowners into perma-renters. Yale economist Robert Shiller floated the idea of a “lost […]