MRIS is excited to announce WashingtonPost.com’s “House Lawyer” and regular real estate columnist, Harvey S. Jacobs, to join MRISblog.com as a contributor. Harvey S. Jacobs is a real estate lawyer in the Rockville office of Joseph, Greenwald & Laake. He is an active real estate investor, developer, landlord and lender. Read below for a recap of Harvey’s most recent Washington Post article and stay tuned for original articles from Harvey in the near future.
After attending the National Association of Real Estate Editors annual conference the other week, Harvey shares his takeways. He states that despite the strengthening market, the real estate mess that we are experiencing will last for another another three years as the so-called “shadow inventory” to make it into the hands of non-bank owners. Harvey further analyzes who exactly is buying and how they are doing so. For example, did you know that cash transactions account for 33 percent of all transactions? Read Harvey’s full article on http://www.washingtonpost.com/realestate and stay tuned for more articles from the “House Lawyer.”