{"id":17025,"date":"2020-09-16T08:28:06","date_gmt":"2020-09-16T15:28:06","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=17025"},"modified":"2020-09-16T08:33:04","modified_gmt":"2020-09-16T15:33:04","slug":"overnight-news-yo-incipient-hermits-who-craves-a-mile-high-skyscraper","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17025\/overnight-news-yo-incipient-hermits-who-craves-a-mile-high-skyscraper\/","title":{"rendered":"Overnight News: \u201cYo, incipient hermits! Who craves a mile-high skyscraper?\u201d"},"content":{"rendered":"<p><div id=\"attachment_16586\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-16586\" class=\"size-medium wp-image-16586\" src=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg 300w, https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage.jpg 320w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-16586\" class=\"wp-caption-text\">\u201cGoing up?\u201d<\/p><\/div><strong>Big Think:<\/strong> <a href=\"https:\/\/bigthink.com\/alchemist-city\/one-mile-high-skyscraper\" target=\"_blank\" rel=\"noopener noreferrer\">Is it possible to build a mile-high skyscraper?<\/a><\/p>\n<p><strong>Housing Wire:<\/strong> Bought right out of a job? When one OpenDoor closes&#8230; <a href=\"https:\/\/www.housingwire.com\/articles\/opendoor-announces-merger-with-social-capital-hedosophia-holdings-corp-in-bid-to-go-public\/\" target=\"_blank\" rel=\"noopener noreferrer\">Opendoor announces merger with Social Capital Hedosophia Holdings Corp. in bid to go public.<\/a><\/p>\n<p><strong>Forbes:<\/strong> <a href=\"https:\/\/www.forbes.com\/sites\/noahkirsch\/2020\/09\/16\/opendoors-cofounder-talks-covid-growth-and-the-newly-listed-companys-quest-for-profits\/#345db4bb5120\" target=\"_blank\" rel=\"noopener noreferrer\">Opendoor\u2019s Cofounder Talks Covid, Growth, And The Quest For Profits As The Company Goes Public.<\/a><\/p>\n<p><strong>Housing Wire:<\/strong> The words that are going to matter, when this nonsense all blows up, are: \u201cAgency with an interest.\u201d <a href=\"https:\/\/www.housingwire.com\/articles\/easyknock-launches-solution-that-lets-homeowners-lease-back-their-home-after-selling\/\" target=\"_blank\" rel=\"noopener noreferrer\">EasyKnock launches solution that lets homeowners lease back their home after selling.<\/a><\/p>\n<p><strong>CNBC:<\/strong> <a href=\"https:\/\/www.cnbc.com\/2020\/09\/16\/homebuilder-sentiment-soars-to-record-high-but-lumber-prices-rise.html\" target=\"_blank\" rel=\"noopener noreferrer\">Homebuilder sentiment soars to record high, but lumber prices raise a red flag.<\/a><\/p>\n<p><strong>Housing Wire:<\/strong> <a href=\"https:\/\/www.housingwire.com\/articles\/mortgage-lending-volume-in-2020-likely-to-break-records\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mortgage lending volume in 2020 likely to break records.<\/a><\/p>\n<p><strong>Connect Media:<\/strong> An monument to a dying industry in a dying location? <a href=\"https:\/\/www.connect.media\/los-angeles-approves-tribunes-56-story-dtla-tower\/\" target=\"_blank\" rel=\"noopener noreferrer\">Los Angeles Approves Tribune\u2019s 56-Story DTLA Tower.<\/a><\/p>\n<p><strong>Redfin:<\/strong> <a href=\"https:\/\/www.redfin.com\/blog\/las-vegas-housing-market-price-increase\/\" target=\"_blank\" rel=\"noopener noreferrer\">Coastal Migrants Boost Las Vegas Home Prices, Up 8% in August, Amid High Local Unemployment Rate.<\/a><\/p>\n<p><strong>Housing Wire:<\/strong> <a href=\"https:\/\/www.housingwire.com\/articles\/virtual-notary-adoption-surges-as-businesses-rush-to-close-transactions-remotely\/\" target=\"_blank\" rel=\"noopener noreferrer\">Virtual notary adoption surges as businesses rush to close transactions remotely.<\/a><\/p>\n<p><strong>Forbes:<\/strong> <a href=\"https:\/\/www.forbes.com\/sites\/elanagross\/2020\/09\/15\/stripe-is-offering-20000-bonus-to-employees-who-relocate-to-less-expensive-cities-but-it-comes-with-a-pay-reduction\/#2c203ba83072\" target=\"_blank\" rel=\"noopener noreferrer\">Stripe Is Offering $20,000 Bonus To Employees Who Relocate To Less Expensive Cities, But It Comes With A Pay Reduction.<\/a><\/p>\n<p><strong>Housing Wire:<\/strong> <a href=\"https:\/\/www.housingwire.com\/articles\/title-insurance-premiums-surging-during-covid-19-pandemic\/\" target=\"_blank\" rel=\"noopener noreferrer\">Title insurance premiums surging during COVID-19 pandemic.<\/a><\/p>\n<p><strong>RedState.com:<\/strong> <a href=\"https:\/\/www.redstate.com\/setonmotley\/2020\/09\/15\/5g-and-10g-symbiotic-wireless-and-wired-internet-and-their-government-free-miracles\/\" target=\"_blank\" rel=\"noopener noreferrer\">5G \u2013 and 10G. Symbiotic Wireless and Wired Internet \u2013 And Their Government-Free Miracles.<\/a><\/p>\n<p><strong>The Daily Signal:<\/strong> <a href=\"https:\/\/www.dailysignal.com\/2020\/09\/14\/wildfires-will-get-worse-under-decades-old-liberal-policies-veteran-forester-says\/\" target=\"_blank\" rel=\"noopener noreferrer\">Wildfires Will Get Worse Under Decades-Old Liberal Policies, Veteran Forester Says.<\/a><\/p>\n<p><strong>AIER:<\/strong> <a href=\"https:\/\/www.aier.org\/article\/so-you-want-to-overthrow-the-state-ten-questions-for-aspiring-revolutionaries\/\" target=\"_blank\" rel=\"noopener noreferrer\">So You Want to Overthrow the State: Ten Questions for Aspiring Revolutionaries.<\/a><\/p>\n<p><strong>Entertainment Weekly:<\/strong> <a href=\"https:\/\/ew.com\/tv\/south-park-covid-pandemic-episode\/\" target=\"_blank\" rel=\"noopener noreferrer\">South Park tackling COVID-19 with its first hour-long episode.<\/a> The trailer:<\/p>\n<span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"700\" height=\"394\" src=\"https:\/\/www.youtube.com\/embed\/u6bEaBeOVkg?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en-US&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span>\n","protected":false},"excerpt":{"rendered":"<p>\u201cGoing up?\u201dBig Think: Is it possible to build a mile-high skyscraper? Housing Wire: Bought right out of a job? When one OpenDoor closes&#8230; Opendoor announces merger with Social Capital Hedosophia Holdings Corp. in bid to go public. Forbes: Opendoor\u2019s Cofounder Talks Covid, Growth, And The Quest For Profits As The Company Goes Public. Housing Wire: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[212,29,26,6,5,19],"tags":[],"class_list":{"0":"post-17025","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-flourishing","7":"category-group-therapy","8":"category-lending","9":"category-marketing","10":"category-real-estate","11":"category-technology","13":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":17195,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17195\/apparently-opendoor-and-zillow-and-knock-and-flyhomes-and-offerpad-have-been-wasting-hundreds-of-millions-on-all-those-data-scientists-and-compsci-ph-d-s-from-stanford\/","url_meta":{"origin":17025,"position":0},"title":"\u201cApparently, Opendoor and Zillow and Knock and Flyhomes and Offerpad have been wasting hundreds of millions on all those data scientists and CompSci Ph.D.\u2019s from Stanford.\u201d \u2013Rob Hahn","author":"Greg Swann","date":"September 29, 2020","format":false,"excerpt":"That sounds right to me. ;) The waste is not their salaries but the financial havoc they wreak as the very-most-backseat of drivers. That is to say, iBuyers suck at real estate investment, and their hubris prevents any sort of improvement. Yes, I'm Trump-quoting real-estate consultant The Notorious Rob for\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/anton-darius-WoRuw4l2Xyo-unsplash-411x480.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":18740,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18740\/opendoor-shows-the-world-how-the-ibuyer-idea-will-die-death-by-days-on-market\/","url_meta":{"origin":17025,"position":1},"title":"#OpenDoor shows the world how the #iBuyer idea will die: Death by Days-on-Market.","author":"Greg Swann","date":"July 13, 2022","format":false,"excerpt":"Ask any old-timer in real estate what's wrong with the iBuyer idea and he'll tell you right away: \"What happens when the market turns?\" It would be charitable to argue that the iBuyers actually thought this mishegoss would work. Perhaps that's so: They're flippers, except they are very bad at\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2022\/07\/20220617_092249-1.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2022\/07\/20220617_092249-1.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2022\/07\/20220617_092249-1.jpg?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2022\/07\/20220617_092249-1.jpg?resize=700%2C400 2x"},"classes":[]},{"id":17353,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17353\/dear-daniel-morillo-heres-why-opendoors-houses-sell-so-poorly-even-in-a-blistering-real-estate-market\/","url_meta":{"origin":17025,"position":2},"title":"Dear Daniel Morillo: Here\u2019s why #OpenDoor\u2019s houses sell so poorly \u2013 even in a blistering real estate\u00a0market.","author":"Greg Swann","date":"October 25, 2020","format":false,"excerpt":"Once upon a time in my young career, I used to think about sending little notes to flailing sellers, telling them why their houses weren't selling. Arguably, this would have been a violation of Article 15 of the NAR Code of (ahem) Ethics, but it would have been bad form\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/10\/109-clipped.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/10\/109-clipped.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/10\/109-clipped.jpg?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/10\/109-clipped.jpg?resize=700%2C400 2x"},"classes":[]},{"id":18128,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18128\/overnight-news-the-secret-to-zillows-flavor-of-ibuying-sucking-at-real-estate-helps-them-sucker-real-estate-agents-which-is-where-the-real-money-is\/","url_meta":{"origin":17025,"position":3},"title":"Overnight News: The secret to Zillow\u2019s flavor of iBuying? Sucking at real estate helps them sucker real estate\u00a0agents \u2013 which is where the real money\u00a0is.","author":"Greg Swann","date":"May 10, 2021","format":false,"excerpt":"I wrote the other day about Zillow's losses on its iBuyer \"investments\" \u2013 incomprehensible losses considering that this is one of the few times when it is possible to make money on non-producing real estate. The losses on iBuyer \"investments\" can be stupefying from the point of view of any\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":18457,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18457\/overnight-news-if-the-ibuyer-idea-is-any-good-whats-the-rush-to-go-public\/","url_meta":{"origin":17025,"position":4},"title":"Overnight News: If the iBuyer idea is any good, what\u2019s the rush to go\u00a0public?","author":"Greg Swann","date":"September 7, 2021","format":false,"excerpt":"As a matter of news, OfferPad went public last week \u2013 meaning none of the iBuyers are now backed by wide-awake entrepreneurs, just pie-eyed punters. The \"offering\" was done by Wall Street chicanery to avoid even the casual due diligence white-shoe investors normally do. But, of course, no due diligence\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":16972,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16972\/overnight-news-lets-roll\/","url_meta":{"origin":17025,"position":5},"title":"Overnight News: \u201cLet\u2019s roll.\u201d","author":"Greg Swann","date":"September 11, 2020","format":false,"excerpt":"HousingWire: The upside of the urban exodus: Zillow: Nearly 2 million renters can become homeowners, thanks to telecommuting. Forbes: WeWork Bets On Outdoor Spaces For The COVID Era. Forbes: Six Ways Agents And Brokers Can Evolve To Build Better Brokerages. CNBC: Mortgage lenders just saw record profit, and expect to\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=17025"}],"version-history":[{"count":5,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17025\/revisions"}],"predecessor-version":[{"id":17030,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17025\/revisions\/17030"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=17025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=17025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=17025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}