Amid all the news with Trulia and Zillow, the latest one concludes a three-and-a-half year relationship between Trulia and Chief Economist Jed Kolko. While Kolko said he hasn't decided his next step, a recent HousingWire Magazine feature could give a glimpse into his future plans.
People are listening to real estate economists today in a way that anyone who covered the industry a decade or more ago would not recognize. Smoke is one of the members of this new wave of real estate economists. In fact, Smoke is actually the newest one on the block. The upstart economists at places like Trulia and Zillow are still new, Smoke is just the latest player to join the game.
The sun is rapidly setting on summer break, and kids will once again fill rows and rows of desks across America, whether it's in private schools or public schools. Which prompted Trulia to ask a good question: Are private schools actually cheaper than public schools?
“We’d be at greater risk of heading toward a bubble if price gains were still accelerating, but they’re not,” Trulia's Chief Economist Jed Kolko said. “Even in the bubbliest markets, it’s not 2006 all over again.”
“Nearly every part of the real estate process has been transformed by technology except for home financing. Getting a mortgage is still manual, frustrating and confusing,” said Nick Stamos, CEO and founder of Sindeo..
Legacy insurers are headed toward solid ground, with some experiencing their first full year of profitability since the housing crash. New entrants, meanwhile, are raising capital, entering the fray and gaining market share. Read More
First, I’m not suggesting totally yanking FICO or Vantage Scores or anything like that. What I am recommending is the adoption of other models that would equally, or even more effectively, determine who can repay a loan. Read More