Redfin Turns Conventional Wisdom on its Head

The PR machine that is Redfin is rolling again. Redfin CEO Glenn Kelman appeared on the Today show this morning and he and co-host Meredith Viera proceeded to engage in a conversation jammed full of startling revelations the computer scientists /sleuths at Redfin have uncovered using "The Science of Real Estate". Brace yourself folks -- this stuff is going to change the way real estate is … [Read more...]

The Short Sale From Hell

Several words come to my mind when I hear the words "short sale". Several aren't fit for print... others include headache, excruciating, and "I quit". A "short sale" is one in which the proceeds will not cover the owner's loan(s). The lender in other words, isn't going to get paid the full amount they are owed. They are going to be "shorted" on the loan obligation. One of the short sales … [Read more...]

Metro Phoenix Leads Nation in Retail Construction

Gilbert, AZ is the fastest growing large suburb in the country.Maricopa County leads all counties in the nation in population growth.Arizona is the fastest growing state in the nation according to the Census Bureau.Given all that, it's really no surprise that the CoStar Group recently published that the Phoenix metro area leads the nation in retail construction:At the close of second … [Read more...]

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