CBS MarketWatch has a story quoting a “prominent economist” predicting a 25% drop in homes sales by the end of the summer: Ian Shepherdson, chief economist and founder of research consulting firm Pantheon Macroeconomics, is predicting a dramatic fall in the pace of home sales this year. In a research note, he projected that existing-home … Read more
From The Real Deal: In 2020, the Zillow-owned platform had told agents to post their sales listings on its site within 24 hours of advertising them elsewhere or they could lose professional access to the site. The new policy bans the offending listings, not the agents, meaning they can still post other properties on StreetEasy. … 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
From Businesswire, we get “Bright MLS Strengthens Leadership Team with Award-Winning Marketing Executive Amit Kulkarni as its New Chief Marketing Officer“: Bright MLS, one of the nation’s leading multiple listing services announced today that real estate industry brand innovator Amit Kulkarni has joined the company’s executive leadership team as Chief Marketing Officer to lead the … Read more
I think the buzz right now is about Knock laying off 45% of its staff, pulling its plans to go public, etc. Look at the comments on Inman, and you can see the general sentiment out there. I think I’ll try to address this in more detail and in more depth in a future post, … Read more
Just saw this on The Real Deal and I thought it was very cool, especially in light of my Musings on construction costs. Diamond Age, a startup that claims to be able to build a home in 30 days, has raised $50 million in a Series A round: Diamond Age, which says its automated manufacturing … Read more
A reader sent along a short note that JP Morgan wrote after a meeting with CoStar “where management outlined the strategy for residential real estate and provided a couple demos/screenshots from its solutions.” It’s an interesting set of observations by Wall Street and I thought I’d tag along and see what I thought about their … Read more
Found this TikTok video from a truck driver on Twitter: Brian w/ an i on Twitter: “I actually see this as a win. Food shortages cause revolutions and there’s no other way outta this mess. pic.twitter.com/RlIVdIaqKu / Twitter” I actually see this as a win. Food shortages cause revolutions and there’s no other way outta … Read more
Let’s take a break from examination of macroeconomic storm clouds and such. Because of a project I’m working on, I was introduced to this fun little free tool called Interact. Since I know many of you run brokerages or teams, and even if you don’t, real estate agents are very concerned about personal branding, I … Read more