Over-Eager Investors Who Took Advantage Of Low Interest Rates Bought Houses At A Premium Under The Impression It Was Going To Be Like That Forever
A weekend topic starting with the Los Angeles Times. “While it’s hard to predict what comes next, economists said it’s doubtful rates will fall back to 3% or below anytime soon. That’s in part because such rock-bottom rates were the result of extremely loose monetary policy during the height of the pandemic, something experts said […]
MN Gordon: Your Government Hates You
In fiscal year 2022, federal tax receipts as a share of gross domestic product (GDP) hit a near record high of 19.6 percent. We have the highest tax revenue ever coupled with some of the largest deficits ever. If you cannot balance the budget when you have record tax collections, you never will. by MN […]
The Craziness Will Go Down In History As A Once-In-A-Generation Boom That Was Not Sustainable
It’s Friday desk clearing time for this blogger. “In June 2021, when the cryptocurrency markets were soaring, the developers of the Arte condominium in Miami’s Surfside neighborhood announced that a buyer had purchased a penthouse there for $22.5 million in cryptocurrency. The deal was heralded as evidence that cryptocurrency would eventually become commonplace in the […]
Illinois team leaves Compass, joins @properties Christie’s International
Illinois-based real estate agent Brandy Issac and her team, which was formerly affiliated with Compass, have joined @properties Christie’s International Real Estate, according to an announcement Isaac made on Instagram. The team, which operates in the Glenview, Evanston, Wilmette and North Shore suburbs, closed $30 million in transactions this year. The team’s move comes at […]
Home features the next generation of buyers want in 2023
According to a recent Zillow report, the new generation of homeowners — those under the age of 40 — are having their say to the most important home features of 2023. In years past, listing agents have emphasized chef’s kitchens, walk-in closets and open-concept living spaces. These features used to be the hallmark of a […]
Opinion: Proptech marketing is going back to the future
At least 50% of proptech companies have messaging that calls for the disintermediation of the Real Estate Agent. The haloed “6%” (commission) is an economic goldmine that PropTech entrepreneurs have been looking to prospect for a decade at least. What has come to pass, broadly, is that all notions of removing the “agent” from the transaction […]
Proven tactics to make your real estate video go viral
“I think you shouldn’t be scared to take risks. People appreciate risks,” says social media content creator and real estate agent Matt Lionetti. Using social media to grow your sphere of influence and promote your business is a staple for most of today’s agents. Rarely will you connect with someone who doesn’t have a Facebook […]