Bruce Norris is joined this week by Peter Muoio. Peter is the Chief Economist of Ten-X, formerly Auction.com. He is a renowned real estate economist and trusted industry analyst and forecaster. Muoio leads Auction.com research and is the founder of New York based Maximus Advisors, a widely respected CRE consulting firm that became part of Auction.com in 2012. Previously the head of Deutsche Bank real estate research, Muoio and his trusted research team provided a trusted economic barometer that helps guide Ten-X’s business decisions.
Bruce and Peter discuss how the internet has made the auction process easier, the different types of auctions, commercial and residential properties and what is being sold more, demand and whether it has remained strong, interest rates and where they stand in five years, the Fed's plan regarding potential inflation, and much more on this week's Norris Group real estate radio show and podcast.