There is an old and gruesome saying that death comes in threes. Last week, the Walt Disney Co. (NYSE:DIS) announced the death of two of its major real estate projects – and that leaves the morbid-minded speculating over which project will complete the rest-in-peace...
I am sure you remember the old cliché about what should never be done by stone-throwing people who live glass houses. However, the folks running the ProPublica news site apparently forgot that cliché. Last week, the site published a flurry of articles about...
I was overcome with great shock and sorrow last week upon learning that Nordstrom will be closing its glorious store at the Westfield San Francisco Centre in August. I am not one who obsesses with retail therapy, but this is my favorite American department store and I...
Every now and then, some well-intentioned politician, bureaucrat or housing industry leader looks at the U.S. homeownership rate and declares that something must be done to increase the number of people who own their residence – particularly those within historically...
There was a man who purchased a penguin as a pet. On his first day home with the penguin, he picked it up and said to it, “Penguin, I have a great idea. I would like you to fly around the room three times and land on my shoulder. Let’s make it happen.” The man gently...
American homebuyers have a message for those responsible in determining mortgage rates: lower those rates or we won’t purchase property. Or at least that was the sentiment in a survey conducted last month by John Burns Research and Consulting, where 71% of potential...