The Reason for Boundless Optimism

This, from a wonderful op/ed piece in the Wall Street Journal over the weekend entitled: From Phoenicia to Hayek to the ‘Cloud’ by Matt Ridley.

The crowd-sourced, wikinomic cloud is the new, new thing that all management consultants are now telling their clients to embrace.  Yet the cloud is not a new thing at all.  [...]

The Next Big (Tech) Step in Real Estate?

I watched the following video earlier this week and was blown away.  The basics of what’s described (kind of a mobile computer/projector/app device) are not that complicated; as a matter of fact, the mock up is made from off the shelf components.  Imagine when these are combined into one sleek pendant hanging on a stylish chain…

The video shows [...]

The Sky is Falling! (and so are loan limits)

There are more changes coming to the residential lending world (all those surprised by that, please stand on your head and whistle).  The Fed is maintaining the conforming loan limit of $417,000, but is lowering the non-conforming, conforming loan limits.  The what now?  A little background might help: in 2008 Fannie Mae’s charter was expanded to allow loan [...]

The Coffee House Crisis

With all the talk lately about the new lending regulations that will apply on April 1st, a similar set of new laws and regulations has been completely overlooked.  I felt it prudent to bring this unsettling situation to light.

As you may or may not be aware, over the past few years there have been [...]

Shouldn’t Sellers Invoice Listing Agents?

I suppose it’s pretty rare that a seller actually hands their listing agent an invoice during the course of a listing, but it shouldn’t be. Based on what I see, the vast majority of listing agents should be billed by the seller, same as they would be by any other third party vendor. The fact [...]

“Greece is the Word, is the Word, is the Word…”

Some of us, here on BHB and elsewhere, have been arguing that a collapse is coming.  A financial collapse due to the almost incomprehensibly fraudulent practices of the local, state and federal governments.  A fraud so immense that most of us can’t even begin to wrap our minds around it.  In my home state of California, [...]

California’s State Mascot: The Super-Nanny

I’m just throwing out a guess here, but I’ll bet man has been burning wood and creating fire for around 40,000 years.  Fire: creator of warmth, food, light… you get the picture.  Basically, it comes down to this: if you’re in the wild and you can’t get a branch lit, odds are your odds are [...]