Day

January 9, 2011

Sloppy Market, Slow Deals

Side Effect(s) of a Sluggish Market Some things are just ingrained in you:  you don’t leave the Kitchen with a pot of boiling water on the stove. You don’t leave the house — at least during the day — with the lights on. And, if you’re a Realtor, you don’t leave a “live” (counter)offer on the...
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Post-Christmas Returns: Sweaters, Ties . . . Stolen Information??

“Yeah, That’ll Work”  Department Quickly perusing an unread, post-Christmas Wall Street Journal (yeah, I’m behind), I came across an article discussing a fight between Dynasty Financial Partners and Bank of America over client information that the former took from the latter. In particular, this excerpt caught my eye: A New York state judge granted a temporary restraining order...
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Zillow’s Home Estimates: Still Wildly Off the Mark

Lies, Damn Lies, & (Real Estate) Statistics — Cont. CoreLogic says its estimate is within 10% of a sales price for between about 55% and 75% of homes, depending on the region. Zillow’s estimate is within 10% of sales price almost half the time. –“Housing Statistics Hit Rough Waters“; The Wall Street Journal (Jan. 8,...
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