There are many new business models in the real estate business. There are companies offering home buyer rebates, others offering to list your home for a flat fee, some offering to do both, others yet offering some form of the previous options but only online and still others offering services at reduced commissions. There are options galore and most consumers are probably confused and wary of anything different. The Department of Justice (DOJ) created a web site titled, Competition and Real Estate which goes into much more detail than I can here and explains the many new business models and options available to consumers. Read the rest of this entry »

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The posting below is a copy of an article published in Boca/Delray Life Magazine in June of 2006.

In my first article last year the question was “Is There a Real Estate Bubble?” and the answer in short was that it really depended on local conditions as well as the economy and interest rates. My prediction was that locally the market would slow down over the course of a year or two. In fact the market has slowed considerably and sooner than most experts dreamed.

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