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Category: Real Estate (page 28 of 266)

October 28, 2020

Overnight News: Is today the day China Joe takes the slow boat back to Scranton?

by

Suburban Phoenix Real Estate Broker

Author website

Ya think it's easy?

“A better question: Is today the day the Teddy Bears have their vengeance?”

Doomed to repeat it? History is being made before your eyes. Soon it may be running down your cheeks – or draining from an embalming table.

If you click on nothing else, watch the Tucker Carlson video. If the link doesn’t work (Youtube is fragile), search for another one.

Housing Wire: Home price index sees greatest gain in over 2 years. CTRL-F ‘riot’; not found. Phoenix wins, and soon will win still more.

CNBC: Homebuyer demand may have peaked as mortgage applications eke out a weekly gain. CTRL-F ‘riot’; not found. Let’s see what happens next week…

Housing Wire: Refis lead the way as mortgage applications rise 1.7%.

Tucker Carlson Tonight: Hunter Biden business partner Tony Bobulinski details his role in Joe Biden’s influence-peddling syndicate. See the DISC? Ci attacks the Sociability in Cs. Yet another unforced error in a year full of them.

PJ Media: Bobulinski Bombshell: The Bidens are ‘Compromised’ and Lying About Joe’s Knowledge of Hunter’s Deals With China.

The Federalist: The Hunter Biden Scandal Has Exposed The Corporate Press’s Corruption And Condescension.

Sarah J. Hoyt: How the Left Is Using Americans’ Empathy and Decency to Destroy Us.

The Washington Examiner: College undergrads: America is racist, looting ‘justified,’ reparations required.

Tyler O’Neil: Democrats Give Away the Game: They Want the Supreme Court to Unilaterally Amend the Constitution.

The American Mind: OK, Senator: Amy Coney Barrett puts the nail in the coffin of TV politics.

October 27, 2020

Overnight News: Federal government performs quotidian function amidst paroxysms of weeping, albeit with only one major riot.

by

Suburban Phoenix Real Estate Broker

Author website

Ya think it's easy?

“What do you call the bad guys who chased away the cops? The new cops.”

What’s the least-worst part about Amy Coney Barrett’s confirmation? For a welcome change, the left didn’t mount a huge, bogus smear campaign. That just means they’re effecting their evil elsewhere – e.g., court-packing – but it was nice to see a lady being treated almost like a lady.

CNBC: Home prices in August see biggest gains in more than two years, S&P Case Shiller says. CTRL-F ‘riot’; not found.

Housing Wire: Holy smokes — new home sales are up 32.1% year over year. CTRL-F ‘riot’; not found.

Forbes: The Hottest Housing Markets Right Now In 2020. CTRL-F ‘riot’; not found.

Housing Wire: The Three Cs of Post-Forbearance.

The Washington Examiner: Trump is forcing voters to grow up.

The Federalist: Big Tech Is Turning The United States Into A Giant Company Town.

Brendan O’Neill: People must have the right to mock Muhammad. Charlie Hebdo is right to republish the cartoons that caused such barbarism in 2015.

City Journal: Unfriending Free Speech: Who will guard the gatekeepers of our political discourse?

Issues and Insights: Left’s Post-Election Agenda: More Riots, ‘Truth Commissions,’ Other Punishment For Their Foes — That Means You.

City Journal: It’s Now the Barrett Court: The newest justice will change the dynamic among her colleagues.

October 26, 2020

Overnight News: So how many shoes can a centipede drop?

by

Suburban Phoenix Real Estate Broker

Author website

Ya think it's easy?

“‘Every kid deserves a back yard?’ Wrong! Every back yard deserves a dog!”

If you find yourself feeling sorry for China Joe Biden – all he has to do is get the hell out of the way.

Yesterday on BloodhoundBlog, me:

Greg Swann: Dear Daniel Morillo: Here’s why #OpenDoor’s houses sell so poorly – even in a blistering real estate market.

Outside our kennel:

Forbes: Demand Is Rising For Properties In Vacation Home Markets. CTRL-F ‘riot’; not found.

Vice: We Don’t Mine Enough Rare Earth Metals to Replace Fossil Fuels With Renewable Energy.

LifeSite: Shock poll claims 30% of U.S. women under 25 identify as LGBT: dire implications. Sell homes or home loans? Why do people want those things? Every kid deserves a back yard? What happens when there are a lot fewer kids?

Matt Taibbi: With the Hunter Biden Expose, Suppression is a Bigger Scandal Than The Actual Story.

Roger Kimball: A Momentous Election: Donald Trump may be an odd ambassador of freedom. But Joe Biden is but a gibbering front for a vanguard that would destroy America as traditionally conceived.

Angelo Codevilla: The Election to End All Elections: Trump, imperfect as he is, is like a finger in a dike that, if removed, would loose a deluge.

City Journal: Educating Patriots: In his “farewell” book, E. D. Hirsch, our foremost thinker on American schooling, sets his sights on fixing America itself.

October 25, 2020

Dear Daniel Morillo: Here’s why #OpenDoor’s houses sell so poorly – even in a blistering real estate market.

by

Suburban Phoenix Real Estate Broker

Author website

Once upon a time in my young career, I used to think about sending little notes to flailing sellers, telling them why their houses weren’t selling. Arguably, this would have been a violation of Article 15 of the NAR Code of (ahem) Ethics, but it would have been bad form regardless. Besides, I was making good money by picking off those mis-marketed listings for my buyers.

The terrible marketing errors of the REO listers is how we survived the downturn. I built software to predict how much I could underbid them and still snag the house. I wrote last Summer about how to apply those ideas to underbidding the iBuyers – who all seem to come from the REO world and who mis-market accordingly.

I confess: My current listing praxis is more than just a little informed by studying all the bonehead marketing mistakes I’ve seen over the years.

So for Daniel Morillo, newly hired by OpenDoor to convince Wall Street they’re not a joke, using just one listing, I will show you why OpenDoor’s houses sell slower and lower than they should – even in a market as hot as Suburban Phoenix at Peak 2020.

The first extracurricular research project I did for Zillow, when I was working as a pricing algorithm, concerned closing-cost concessions in their sales. They didn’t know what questions to ask, so I kept giving them incredibly-detailed technically-correct wrong answers.

What they actually wanted to know was this: “Why do so many of our transactions entail concessions?”

The answer? Because they’re mis-marketed. This is true of all listings: Discounted offers denote blood in the water. Since 2014 at the latest, in Metro Phoenix a properly-marketed bread-and-butter home should sell above, at or near fair-market-value in under 15 days, ideally under 5, to an all-cash or well-qualified conventional buyer. If you’re taking offers with closing cost concessions, you did something terribly wrong.

As it happens, the last research project I did for them, in June 2019, involved a much more direct question: “Why are a third of our listings over 90 Days-on-Market?”

The answer? They and all the other iBuyers were and are getting a Read more

October 25, 2020

Overnight News: Just how much more do you not want to know about Joe Biden and his wretched family?

by

Suburban Phoenix Real Estate Broker

Author website

Ya think it's easy?

“Just when you think you’ve seen everything…”

Today could challenge October 22 for Peak 2020. The amassed hypocrisy of ignoring Hunter’s laptop and all it implies is proving unsustainable. We can hope China Biden will withdraw before you learn more than you ever wanted to.

Rob Hahn: The Terrible, Horrible, No Good, Very Bad Day for REALTORS in the New York Senate.

Quillette: What Divides Us Is Class, Not Race.

Redstate: Now We Know Why Obama Picked Biden.

New York Post: Long-standing claims of Biden corruption all but confirmed with Hunter’s emails.

The Washington Examiner: Hunter Biden alleged sex tape and images uploaded on Bannon-connected Chinese website.

FEE.org: Socialist Critique of Libertarian Children’s Books Drives Massive Surge in Sales.

October 24, 2020

Overnight News: Deep State census weekend: Is every bigwig shielding Hunter Biden complicit?

by

Suburban Phoenix Real Estate Broker

Author website

Ya think it's easy?

“It only takes one big dog to stir up a fussin’ that lasts all night…”

Trump – or, rather, Trump Derangement Syndrome – gets people to reveal themselves. The Deep State is all-in for Biden, and Hunter’s laptop is showing you exactly who the Deep State is. If Trump wins, and if we’re very lucky, he rolls up the whole crime syndicate. If not? It rolls up you – and the whole world with you.

Forbes: Mortgage Rates Fall To 50-Year Low.

The Daily Caller: Chelsea Truck Company To Release A Bulletproof Jeep Wrangler ‘Protest Edition’ Following ‘Black Lives Matter’ Protests. How can you know for sure there are no riots? Because there are no riot-created market opportunities.

The Federalist: Of Course New York City Is A Ghost Town.

The Washington Examiner: The Second Amendment is as necessary today as it has ever been.

PJMedia: The Hunter Biden Corruption Scandal Is a Reckoning for the Legacy Media.

City Journal: Anarchy in New York? One senses order slipping away.

Don Feder: When Your House is Burning Down, Grab a Fire Extinguisher Fast: The one man who stands between us and the revolution.

City Journal: Wokefornia: California’s ethnic-studies mandate for K‒12ers is dead for now, but cultural Marxism is flourishing.

October 23, 2020

Overnight News: Yesterday was peak 2020 – and the climax of the Biden clan.

by

Suburban Phoenix Real Estate Broker

Author website

Ya think it's easy?

“I like toast – especially peanut-butter toast.”

As I foresaw, yesterday was one for the record books – and let’s pray that record is not eclipsed. I had a bunch of Biden corruption links, but I ditched them all. If you want to know about it, you will. And Joe is toast, regardless.

CNBC: Redfin CEO expects ‘absolutely insane’ demand in housing market to last into 2021. CTRL-F ‘riot’; not found.

Forbes: Compass Founder & CEO Robert Reffkin Weighs In On Today’s Real Estate Market. CTRL-F ‘riot’; not found.

Housing Wire: Existing home sales surge 9.4% in September.

Forbes: Mortgage Rates Hit New Low.

CNBC: Hamptons real estate prices break records as New York City wealthy flee to the beach.

The Federalist: Amy Coney Barrett Will Be Confirmed Because Kavanaugh Battle Taught GOP To Stop Getting Played By Democrat Dirty Tricks. If there are going to be smears, they’ll start now, when she can’t answer them.

City Journal: The Last Presidential Debate, Please.

Rod Dreher: No Families, No Children, No Future.

City Journal: Confronting Covid: The American response has been far better than critics acknowledge.

October 22, 2020

Overnight News: Pucker up: Today just might be peak 2020.

by

Suburban Phoenix Real Estate Broker

Author website

Ya think it's easy?

“Is everyone who vouches for a creep also a creep?”

Looking for a great debate question? Try this: “Vice President Biden, a week from the day after tomorrow is what date?” But the debate is just the end of this day, and there promises to be tons of ugly news before then. Buckle up: It’s about to get 2020 on you…

Housing Wire: The housing market faced uncertainty in March, but now ‘it’s a circus’.

Housing Wire: MBA forecast for 2021: Prepare for rising mortgage interest rates.

Housing Wire: In a bid for stability, FHFA and FHA extend forbearance policies.

City Journal: Budgeting Through Rose-Colored Glasses: For states and municipalities, assuming endless economic and population growth can bring disaster.

Frontpage: The City is Killing America: America’s real problem are urban problems.

The Washington Free Beacon: The Media’s Futile Information Suppression Complex: Hunter Biden’s corruption sees the light of day despite their best efforts.

American Greatness: The Antifa Industry at Work.

And just to start the day off right:

New York Post: Ghislaine Maxwell’s deposition about sordid sex life unsealed.

October 21, 2020

Overnight News: Need novelty? 2020 delivers.

by

Suburban Phoenix Real Estate Broker

Author website

Ya think it's easy?

“The official Bloodhound term for Joe Biden’s current situation is: Treed.”

I’m leaving out the #LaptopFromHell news today. You either already know how to find unfiltered news or your don’t mind being lied to. I expect it won’t matter, either way, by the end of the day.

Housing Wire: September single-family housing starts reached highest level since 2007.

CNBC: Mortgage demand from homebuyers falls for the fourth straight week.

Forbes: A Comparison Between Artichoke Hearts And Residential Rental Real Estate.

Rob Hahn: In Which I Propose an Alternative to NAR’s New Speech Code.

New York Post: Cops leaving Seattle police department over ‘socialist’ city council, riots. Aren’t there some big real estate companies in Seattle who might have written about events there over the Summer? Never forget it: Like police departments all over the country, we are led by cowards and fools.

The Federalist: Trump Resistance Plans ‘Mass Mobilization’ After Election To Shut Down The Country If Biden Doesn’t Win.

The Federalist: Joe Biden’s Education Department Would Be A Radical Disaster.

The Federalist: Secretary of Education Betsy DeVos: Families, Not Government, Are The Heart Of American Education.

City Journal: No More Debate Moderators: The collapse of trust in media makes a different format necessary.

NPR: Studies Point To Big Drop In COVID-19 Death Rates.

Vice: This 14-Year-Old’s Discovery Could Lead to a Cure for COVID-19.

October 20, 2020

The #iBuyers are super good at mulcting buyer’s agents with science. That’s why they can’t price.

by

Suburban Phoenix Real Estate Broker

Author website

Why are iBuyers nicking buyer’s agents for commission? Why do broke Dairy Queens charge extra for napkins? It’s because they’re broke. Whatever bullshit they tell you – they’re broke.

Mike DelPrete is worth reading, so long as you understand that, like The Inglorious Knob, he is one with The Borg. Just lately I mentioned that the iBuyers in Phoenix are nicking buyer’s agents for commission – which is just the kind of dick move you expect from financially-inept sociopaths. Coincidentally or not, yesterday DelPrete came forth with a defense of this stunt, insisting that it’s all a matter of the devilishly clever deep science that undergirds all things iBuyer.

You bet.

Why do broke Dairy Queens charge extra for napkins? It’s because they’re broke. Whatever bullshit they tell you – they’re broke.

To accept DelPrete’s argument, you would have to insist that iBuyers are optimizing a marketing cost – to their long-term disadvantage – before they optimize their resale pricing. Hundreds of iBuyer employees have read me on their pricing errors, but they have learned nothing. They are now convinced they have gotten good enough to cheat their marketing partners, when they have not yet even been tested by the market.

Here’s the truth: The iBuyers are financial disasters in the best real estate market ever known to man: Suburbia after the riots. They are temporarily able to divest their inventory, but this is caused by the buyer frenzy, not by any new marketing skills acquired by the iBuyers. They suck at resale marketing, as will become obvious, yet again, when the market turns.

The iBuyers are inept at real estate investing and marketing. That’s why they have to cheat buyer’s agents. Stealing from the defenseless is all they’ve got…

October 20, 2020

Overnight News: “Heard any good jokes lately?”

by

Suburban Phoenix Real Estate Broker

Author website

Ya think it's easy?

“If you make a mistake, do it again, right away, louder and faster. I think Eddie Van Halen said that.”

Can’t seem to get a grip on the news? Can’t quite put your finger on the problem? Feeling overexposed, despite your isolation? We’ve got you covered – everything but your lap top:

CNBC: Homebuilder sentiment sets another record high in October. The Valley of the Ever-Fecund Sun is festooned with sticks. Cranes, too.

Housing Wire: What could drive mortgage rates in 2021?.

Housing Wire: Mortgage forbearance rate falls to lowest level since mid-April at 5.92%.

Paul Bedard: ‘Broken Arrow’: Cities and police ready for election violence.

Daily Caller: ‘The City Will Be On Fire’: New Yorkers Reportedly Prepare To Flee Homes To Avoid Election-Related Unrest.

The Federalist: We Gamed Out The 2020 Election And Found Our Constitution Can Handle The Madness.

Frontpage: Twitter Operates as Biden’s Censorship Arm.

Joel Kotkin: Democratic Civil War.

Reason: San Francisco Won’t Reopen Schools. But It Will Rename Them.

October 19, 2020

Overnight News: The slo-mo shattering of China Joe.

by

Suburban Phoenix Real Estate Broker

Author website

Ya think it's easy?

“I’m with Joe: Take a nap. Who know what could change in a couple of hours?”

Why is there no real estate news? Could it be more than just the weekly weekend laziness? Values dropping precipitously anywhere? Any way to explain that without mentioning the riots that are draining those cities of the best of their Ants? Will we need to supplant the RiotScore™ with an ArsonScore™? Meanwhile, when will Joe Biden figure out that his pooch is completely screwed?

Forbes: Why Real Estate Investors Shouldn’t Expect A Repeat Of 2008.

City Journal: New York’s Year From Hell.

The Federalist: White House Expert Scott Atlas Censored By Twitter.

Daily Wire: Director Of National Intelligence Confirms Hunter Biden Laptop ‘Not Part Of Some Russian Disinformation Campaign’.

Daily Mail: ‘The Joe meeting happened, the emails are correct and Joe took 10% of equity’: Bannon says EVERYTHING reported in Hunter laptop scandal is true and reveals how lawyer for Biden’s son tried to get hard drive back – proving ‘it’s no Russian intel op’.

The Federalist: The Biden Corruption Scandal Isn’t About Hunter, It’s About Joe.

The Hill: Censoring the Biden story: How social media becomes state media.

American Greatness: Establishment Disinformation Is Killing Western Democracy.

NBC San Diego: San Diego Unified School District Changes Grading System to ‘Combat Racism.’ Grasshoppers don’t need to be schooled to be Grasshoppers, but Grasshopper schoolteachers still need to get paid.

October 18, 2020

Overnight News: Is Hunter Biden Qanon?

by

Suburban Phoenix Real Estate Broker

Author website

Ya think it's easy?

“Blood makes noise? Imagine a scent you can never quite remember and yet never quite forget. Now multiply your sense of smell by a hundred.”

The headline is a joke – but so is everything else. Hunter Biden is not Qanon, but Qanon only matters just now because BLM and Antifa have been rioting for months – so that certainly must be the fault of chair-bound net.cetaceans. The impeachment fiasco was this same kind of disinformation scam writ large.

Forbes: Amazon, Apple, Google And Facebook Are All Scooping Up Office Space In New York—Despite Predictions Of The City’s Demise.

CNBC: Why millions of freelancers fear a Biden presidency may put them out of work. Everyone in the 1099 world should be keeping an eye on this ball.

New York Post: Here’s how the media is misreporting COVID-19’s death toll in America.

Frontpage: The Coronavirus Experts Were Wrong, Now They Need Scapegoats: It’s not about fighting the virus, but punishing political and cultural enemies.

The Federalist: The Biden Emails Prove Impeachment Was A Sham.

Information Liberation: The Hunter Biden cover-up and the architecture of disinformation. As discussed above. I rewrote the headline to make it actually summarize the article.

Matt Taibbi: Facebook and Twitter’s Intervention Highlights Dangerous New Double Standard.

Western Journal: The Topics for the Final Presidential Debate Have Been Announced. “The currently embattled Commission on Presidential Debates announced Friday that the candidates will discuss leadership, the coronavirus pandemic, issues of race, families, national security and climate change.” No foreign policy, no economics, no Hunter Biden. Totally not fixed.

Townhall: Amy Coney Barrett Makes Us All Want to Be Better People.

October 17, 2020

Overnight News: Does Slow Joe even know he’s gotta go?

by

Suburban Phoenix Real Estate Broker

Author website

Ya think it's easy?

“Turns out there’s more than one way to land a landslide.”

By now it seems obvious that Rudy Giuliani will keep dripping incriminating evidence against Joe Biden and his family until Biden withdraws from the race. By that time, millions of ballots will have been cast for him, and whatever mad rush there is to print new ballots in time for Election Day, neither Democratic candidate will get enough votes to beat Trump – probably not anywhere. There are half-a-dozen scandals that should have imprisoned Biden, Obama and Hilary Clinton – but even here they are being shielded by the Deep State. By going around the usual channels, and by raining down chaos in OODA loops of slow-reveals, Giuliani is going to put the entire DNC on tilt. This is an amazing, virtuoso performance of politics as 4D chess.

Forbes: Covid-19’s Impact On New Home Purchases And Designs.

City Journal: Mandates and Liberty: The public-health establishment must be clear about its reasons for imposing Covid-related measures. It will be interesting to see what shakes out at the end of this. The only way to get rid of oppressive health mandates is to limit the state government’s police powers. Let’s see if that happens – anywhere.

PJMedia.com: Brady White’s Cop Confessions 2: ‘There Is a Mass Exodus in Law Enforcement, Nationwide.’ As with the overturners of applecarts, no one foresaw cops and sports fans who are not doomed to take abuse.

Glenn Greenwald: Facebook and Twitter Cross a Line Far More Dangerous Than What They Censor.

PJMedia.com: How Close Is the U.S. to Civil War? A War Correspondent Is in Portland to Find Out.

October 16, 2020

Overnight News: When the whole world’s out to get you – and you melt hearts, anyway…

by

Suburban Phoenix Real Estate Broker

Author website

Ya think it's easy?

“Ya wanna talk about injustice? Never once in my life have I eaten anybody’s homework!”

Yesterday Donald Trump worked his normal day, gave a two-hour speech at a rally, then fought off Savannah Guthrie, armed with still more DNC talking points. He won the crowd, resoundingly, and could have scored with a bedazzled Biden voter among the townhall questioners. With frequent breaks, Joe Biden did not visibly collapse on stage. Neither candidate managed to deal with Hunter Biden and his sticky laptop.

Daily Mail: ‘Get me any house in Maine!’ Out-of-state buyers from New York City, Boston and DC are flooding the Maine property market causing home values to surge 17% and supply to hit a ‘historic low’. CTRL-F ‘riot’; not found.

CNBC: ‘Hottest real estate market in the world’ may be Palm Beach, Florida, brokers say. CTRL-F ‘riot’; not found.

Housing Wire: Average 30-year mortgage rate for purchase loans falls to another all-time low.

City Journal: Liberty, in Sickness and in Health: Judicial skepticism is reining in pandemic emergency orders.

National Review: Twitter’s Un-American Censorship of the New York Post.

New York Post: Biden doesn’t get one question on Hunter Biden exposé at ABC News town hall.

City Journal: Wealth and Risk: Many factors contribute to racial disparities in household wealth accumulation, but one is mostly overlooked.

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Inventing Real Estate 2.0

Welcome to BloodhoundBlog, the national real estate industry marketing and technology weblog written by, for and about real estate professionals. Better yet, welcome to the wired world of real estate. We are busily inventing Real Estate 2.0 – technology, marketing, service and salesmanship. Like all Bloodhounds, we are smart, frisky and fiercely independent. We've built a spot on the earth – beloved over all – where each one of us can be who we are, no matter who that might be. We are committed to an idea of excellence that will flush the bums, the con-men and the crybabies out of the real estate industry. If you yearn to have your failures excused, your moral lapses absolved or your boo-boos kissed, seek elsewhere. But if you are sick to death of mediocrity – welcome home. Read all about us, subscribe to our feed and steel yourself for the hunt. We work hard, we play hard, we learn everything we can – and we bow to no one.

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