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It’s sign how far the housing boom as seeped into popular culture that one group of aspiring TV stars has put together an online series of Webisodes that play off America’s fascination with real estate investing. Flipper Nation is an online mockumentary or as an email pitch I received calls it “The Office” meets “Flip This House.”
I can’t vouch for the acting, but the shows do have their moments. A partner tape records the other, for “legal reasons.” They invest in a three bedroom, two bath house or as they call it in mock real estate speak a “3B, 2er.” My favorite line comes when one of the investors is giving real estate advice. “Paint yellow,” he says. “People are friendlier when they see a yellow house.”
Check it out at:
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.