November Election: Airbnb spends $4m; Nightly rentals in one major city reduced by 90%

November Election: Airbnb spends $4m; Nightly rentals in one major city reduced by 90%

  Although, the recent November election was an off year with few major items on the ballot, there was one big takeaway from last election that could be precedent setting for cities throughout the country.  It is amazing that Airbnb spent over 4.2m on one small...
Federal Funds rate drops again creates a “floor” for real estate

Federal Funds rate drops again creates a “floor” for real estate

The Federal reserve dropped the federal funds rate again which wasn’t a big surprise as the market was pricing in a 96% probability of a rate cut.  This is the third cut this year effectively creating a “floor” under real estate.  How did the federal reserve create a...

California clean air waiver revoked by Trump, impact on real estate in 33 states?

President Trump announced the revocation of the California clean air waiver act.  Regardless of where you sit on this particular issue, the impacts will be profound on States rights, on real estate and one industry in particular.  Why are 33 states impacted?  Which...
Realtor fees could change drastically due to one lawsuit

Realtor fees could change drastically due to one lawsuit

I’ve been hearing rumblings of this suit for months and I’m usually skeptical that lawsuits will totally alter an industry but the recent suit against the National Association of realtors, various multiple listing services, and many large real estate brokerages could...
Federal Funds rate drops again creates a “floor” for real estate

The fed will drive us into the next recession; are we still in “transit”?

    Federal Reserve Chairman Powell recently announced that inflation is transitory. Sound familiar?  Janet Yellen, the prior fed chair,  used this same term 2017 and 2018.  Seems like we are in an extended “transit”.  Why? Are we headed for the next...