Schahrzad Berkland, Realtor
Ms. Berkland holds a B.S. in Computer Science from the University of Nebraska at Omaha, and an MBA from Arizona State University West. She was promoted to Quality Assurance Manager for the software company GTX in Phoenix, AZ just one year out of college. She spent most of the next decade raising her children, while consulting for SOTA Environmental Technology.
Ms. Berkland spots bubbles a mile away. She sat out the internet boom and spotted the housing bubble in 2005. In 2008 she had a 30% return by buying inverse index funds, buying gold/silver, and selling all stocks. (Full disclosure - she did not predict the Big Reflation).
Frustrated by poor economics reports, and myths about housing cycles, Ms. Berkland founded The Berkland Group, a consulting firm that provides analysis on the southern California housing market and economy. She has advised hedge funds, the San Diego Reinvestment Task Force, and the City of Poway. She has been interviewed by Bloomberg, REO Insider, bankrate.com, and local TV and radio stations.
She is a pioneer in real estate writing: she has exposed the median, average, and $/sq ft measurements as useless, explained in 2007 why rising Notices of Default are not leading to price drops, and written extensively about the exposure of prime borrowers to the foreclosure crisis long before it was fashionable to do so.