R U Into Indecipherable Abbreviations?

Posted by: Peter Coy on June 5, 2006

If U R into indecipherable abbreviations then you probably love real estate listings in which BICC means built-in china cabinet and AGDO means automatic garage door opener.realtylanguage.jpg
(I suppose ACCDO would be an automatic china cabinet door opener???)

Anyway, enjoy this article by Michele Derus in the Milwaukee Journal Sentinel, which I found via the Columbus Dispatch, via Real Estate Bloggers.

 

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BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.

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