Articles by Jacob Gaffney

Quicken Loans Super Bowl ad strikes wrong nerve with Twitteratti and journalists

Why let the facts get in the way of fun?
In its first-ever Super Bowl commercial, Detroit-based Quicken Loans created a 60-second TV spot, which showcases Rocket Mortgage, its fully online mortgage. It aired to the massive audience, many of whom then promptly proceeded to fuel bombastic panic on Twitter, claiming that Rocket Mortgage will lead to the housing crisis redux.
Read More

The 3 things that will kill your real estate deal

Take note for buying and selling in 2016
According to this report in The Washington Post, "In an internal survey of 2,643 realty agents conducted last month but covering sales and purchases during the previous three months, the National Association of Realtors found that 32% — nearly one-third of all transactions — encountered delays of some sort." Here's what causes that.
Read More

Demolition begins on Pablo Escobar's $10 Miami mansion

Current owners reveal recent thefts
The current owners, Chicken Kitchen owner Christian de Berdouare and his wife, former NBC 6 anchor Jennifer Valoppi, purchased the home in 2014 and are destroying the building to make way for a new home. However, the station reveals that recent thefts in the home are under investigation.
Read More

Real estate stocks set for S&P breakout

Market needs shot in arm
According to the Wall Street Journal, after a ho-hum 2015 that saw investors crammed by market compartmentalization, the people behind the S&P 500 think they have an idea to put a little surge back into the stock market.
Read More