NAR Releases Monthly and Annual 2005 Existing Home NAR Releases Monthly and Annual 2005 Existing Home Sale Numbers
Home sales are obviously beginning to slow, but records were still set during 2005 in both volume and value. Well it's important to remember that real estate bubbles, unlike stock bubbles have many things propping up prices. Real estate bubble almost always deflate rather than crash.

Labels: 2006homesales, NAR

  ¶ NAR Releases Monthly and Annual 2005 Existing Home 0 Comments

Expedia Founder tries his hand at real estate "A decade ago, Richard Barton launched Expedia.com and helped transform the travel industry by handing consumers the same tools to book reservations that travel agents had long controlled.

Now, Barton is applying the same approach to real estate — and is banking on equally dramatic results."

Barton is hoping to disintermediate the real estate agents who for too long have had a monopoly over listings and commissions. That's free market enterprise in action. Barton has deep enough pockets that he can probably force NAR to compete.

Labels: monopoly, NAR, richardBarton, Zillow

  ¶ Expedia Founder tries his hand at real estate 0 Comments