Jonathan Miller
By Jonathan MillerSpecial Contributor There was a great Wall Street Journal piece (free link) on the decline in available lower priced Miami home sales. It’s the result of prices rising so quickly and a shift in the mix to larger more high-end new product flowing into the market. The high-end market seems better equipped to weather the current economic…
By Jonathan MillerSpecial Contributor We continue to hear about a commercial office recovery, but that is misleading – it is coming from commercial leasing brokers which is a conflict. Commercial office is often selling for ±30 cents on the dollar as WFH continues to savage rent levels. Yet the high-end office market is doing fine. And now we are seeing…
Jonathan Miller always gets it right. I had just read his latest Housing Notes newsletter when this gorgeous Crescent Estates Custom Homes mansion popped up in MLS, cementing Miller’s latest report on luxury real estate. Miller is president and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm he co-founded in New…
Take-away: Opendoor is a tech company with artificial intelligence hard at work behind the scenes, so they are learning in real time from every bit of data input, every listing, every sale A presentation by Dallas Opendoor was one of the most anticipated presentations at last weeks’ annual RAC (Relocation Appraisers & Consultants) industry conference at…
My friend Jonathan Miller is the one who really helped me see the light: the Case Shiller Index ain’t what its cracked up to be. It was designed for Wall Street, not to be devoured by the average U.S. consumer. There is a major lag time between the actual data and reporting. It doesn’t include new home sales or construction, which,…
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