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Real Estate Dots

Real Estate Dots

Dorkbot is a semi-monthly meeting of “people doing strange things with electricity.” They have been chugging along in several cities for a decade-or-so. Back in 2005 I presented at a Dorkbot in London, so I have an enduring soft spot for these quirky gatherings. At this month’s Dorkbot in San Francisco, a meteorologist named...
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Tails of Price Changes

Tails of Price Changes

Bell curves and real estate price changes. Histograms are a visual way to summarize a huge set of numbers. The horizontal axis covers the range of numbers, while the height of the vertical columns shows how many occurrences of that number turn up in the data. Even when the histogram looks mostly like the...
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A Different House Hedge

A Different House Hedge

Where do stock market winners buy houses? Prices in certain local real estate markets are bolstered by a rally in the stock market. The recent murmurings of another IPO bubble suggest that newly minted paper millionaires will soon be shopping for homes in Los Altos Hills and Cupertino. We can put numbers behind this...
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Fungal Houses

Fungal Houses

Ever wondered why your flat’s Zestimate bounces around so much? In high school economics class you might have learned about fungible goods. This strange word refers to things that could be swapped without the owners especially caring. A dollar is almost perfectly fungible, and so is an ounce of pure silver. Paintings and emotional...
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