Matrix Blog

Posts Tagged ‘Re/Max’

[The Housing Helix Podcast] Travis Waller, CDPE, CRS, RE/MAX, Distressed Property Realtor

June 11, 2010 | 2:33 pm | | Podcasts |

Last January I moderated a distressed property panel at the Inman Real Estate conference in New York.  One of the panelists was Travis Waller, a sharp real estate agent from New Jersey who spoke with great clarity on his specialty, distressed real estate.  In this podcast we have a great conversation via Skype on what life will be like after the end of the federal tax credit for first time and existing home buyers, how banks are coming to grips with property disposition, differences between short sale and foreclosure transactions, marketing distressed property, to name a few.

It’s great insight from someone who deals with distressed property first hand.  Follow Travis on Twitter.

Check out the podcast.

The Housing Helix Podcast Interview List

You can subscribe on iTunes or simply listen to the podcast on my other blog The Housing Helix.


Tags: , ,


[Interview] Travis Waller, CDPE, CRS, RE/MAX, Distressed Property Realtor

June 11, 2010 | 2:24 pm | | Podcasts |

Read More

Tags: , ,


There Is No National Housing Market

December 2, 2007 | 1:47 am | Milestones |

The use of national housing statistics has been a key source of confusion for consumers, real estate brokers, lenders, media, financial markets and government agencies among others. The statistics are often applied to local markets and properties. The reliance on these numbers for ground level use has a pet peeve of mine for many years.

When Radar Logic rolled out its first RPX Monthly Housing Report on October 2, 2007, we made sure that the focus was geographical housing patterns.

The report effort was based on the premise that there is no national housing market; rather, each of the MSAs, while having some economic influences in common like mortgage rates, is influenced primarily by local conditions.

I was encouraged by the release of the latest batch of market reports this week that have begun to make this point more clear in their press releases. When the market was rising, press release jargon tended to be much more focused on national numbers. I suspect we will see a shift in orientation since this is really a false premise.

Office Of Housing Enterprise Oversight [OFHEO] – November 29, 2007

The figures were released today by OFHEO Director James B. Lockhart, as part of the quarterly report analyzing housing price appreciation trends.

“While select markets still maintain robust rates of appreciation, our newest data show price weakening in a very significant portion of the country,” said Lockhart. “Indeed, in the third quarter, more than 20 states experienced price declines and, in some cases, those declines are substantial.

National Association of Realtors – November 28, 2007

NAR President Richard Gaylord, a broker with RE/MAX Real Estate Specialists in Long Beach, Calif., emphasized that all real estate is local. “Keep in mind that home prices are up in 93 out of 150 metro areas, and there is a lot of confusion in the market from reports about national data. Broadly speaking, home prices in most areas are up modestly or fairly stable,” he said. “Areas with population or job growth are seeing the strongest home price gains.”

National Association of Home Builders [NAHB] – November 27, 2007

Their comments on the release of the S&P/Case-Shiller numbers this month…

“We need to put these numbers in proper historical context by analyzing them over the long term, rather than in one-year increments,” said Brian Catalde, president of the National Association of Home Builders (NAHB) and a home builder from El Segundo, Calif. “The statistics released today also reaffirm that all housing markets are local, and conditions in them are dictated by the local economy and job market.




UPDATE: Economist Humor: A friend of mine, who happens to be a well respected economist, mentioned to me last week:

…there are 3 kinds of economists: the kind that can count and the kind that can’t.


Tags: , , , , , ,


Real Estate Next: Long Island Real Estate Conference: October 19th

October 13, 2006 | 9:12 pm | | Public |

A new real estate conference is being offered for the Long Island market on October 19th. Here’s the announcement:

Click here for registration [$225]

A new, one-day real estate conference called “Real Estate Next: Key Trends in Residential Real Estate and What You Need to Know About the Changing Market on Long Island” is set to take place on Oct. 19, 2006 at the Long Island Marriott Hotel & Conference Center in Uniondale, N.Y.

Ron Roel, an accomplished former Deputy National Editor and Deputy Business Editor of Newsday is one of the conference organizers, invited me to participate in the conference. I am really looking forward to it.

I get to be a moderator for the opening morning session and on the panel for the lunch session.

_9:00 a.m.-9:50 a.m._
Opening Panel: Suburbia is Dead! Long Live Suburbia! Are Long Islanders Seeking a More Urban Lifestyle—and What Does That Mean for the Housing Market?
Moderator: Jonathan Miller, President, Miller Samuel
Panelists: Chris Jones, Vice President, Regional Plan Association
James Morgo, Suffolk County Commissioner, Economic Development and Workforce Housing
Ron Stein, President, Vision Long Island
Geri Solomon, Assistant Dean, Long Island Studies Institute, Hofstra University
John Venditto, Supervisor, Town of Oyster Bay

_Noon-2:00 p.m._
Lunch and Panel Discussion: Beyond the Bubble: Where is the Regional Housing Economy Headed Next Year?
Moderator: Ron Roel, Real Estate Next
Panelists: Jonathan Miller, President, Miller Samuel
Dottie Herman, CEO, Prudential Douglas Elliman
Robert Campbell, Professor of Real Estate and Finance, Hofstra University
Henry Weber, President, RE/MAX of New York
John Cameron, Managing Partner, Cameron Engineering
Dr. Thomas Conoscenti, Urban Regional Economist, New York University


Tags: ,