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On Friday, November 7, 2008, flanked by some of the most prominent names in the economic and business world, President elect Barack Obama held his first press conference.
The question for the real estate industry to grapple with in the midst of the credit crunch is how can we help struggling homeowners in severely depressed markets such as Las Vegas, Phoenix, Miami, Los Angeles and San Francisco?
The real estate industry is not too unlike an organization living in a state of collective schizophrenia. Figuratively speaking, we are hearing voices that are not real.
Our hallucinations are mostly self-induced; the voices we hear are actually our...
On Tuesday, December 02, 2009, Inman News carried a new piece by Matt Carter, entitled “NAR Backing Realcomp Appeal.” REALonomics believes the article is another demonstration of NAR’s attempt as the tail of the industry, to wag us, the dog. Here is...
