If there was anyone left who still had doubt whether Zillow has the killer instinct, let this be the final piece of evidence to convince you. Today they launched 'Instant Offers' which allows homeowners to submit a request for 15 investors to bid on their house....
The Future
Driverless Cars and Real Estate
Imagine living 3-4 hours away and waking up early to crawl into your auto-car and going back to sleep while it drove you in to work... https://www.curbed.com/2017/5/16/15644358/parking-real-estate-driverless-cars-urban-planning-development The futuristic vision...
Real Estate Speed Dating
Real estate hysteria is reaching new levels: LINK It sounds like an unorthodox concept: Meeting complete strangers to see if you’re compatible to buy a house together. But as bizarre as it might sound, that’s exactly what happened on the third floor of the Toronto bar...
The Transparency Crossroads?
Our Zillow rep mentioned that they are investing heavily into virtual reality. (He's reading the blog now - hey Jason!) I'm a big proponent of video tours - there is no better way to help remind buyers of what they are thinking of purchasing. We have seen the 3D...
Beverly Hills $13,495,000
Here's a good example of where real estate videos are heading - a nice combination of time lapse and slow motion, multiple actors, and sex appeal: https://www.zillow.com/homedetails/1975-Loma-Vista-Dr-Beverly-Hills-CA-90210/20534264_zpid/
The Millennials’ Housing Disadvantage
Everything about the real estate market favors those who got in years ago (location, zoning, traffic, property taxes, etc.). Today's desperate search for reasonably-priced housing is futile at best, and invites table-tilting by all involved. The rich get richer! Hat...
3D Printing of Homes
The building of homes is getting cheaper every year - this cost $10,134. Isn't it inevitable that someone will build a whole community of these? http://newatlas.com/apis-cor-3d-printed-tiny-house/48231/ Though 3D-printed architecture is still in its relative infancy,...
Zillow Dominance
It is Zillow and their high-spending agents vs. everyone else now. http://www.investors.com/research/the-new-america/zillow-starts-bidding-war-for-prime-real-estate-between-agents/ Zillow has a strategy to help accelerate the real estate industry's evolution to the...
Smart Growth
Those who want to get involved in smart growth/affordable-housing issues can attend the San Diego City council meeting today at 2:00pm. The City Council members have submitted ideas, summarized here: Sell or lease government-owned land. Defer or...
Realtors and Robots
By now we have all heard how robots will be supplanting humans and taking everyone's job in the near future. What about realtors? Rich Barton had thoughts on the topic this week: NEW YORK — Robots may be taking over the world. But they won’t eliminate real estate...