60% chance mortgage rates plunge: The fed disagrees!

60% chance mortgage rates plunge: The fed disagrees!

We are at an interesting crossroads in the economy.  The Federal Reserve and economic data show that the economy is very strong with consumer spending and confidence at all-time highs. At the same time the bond market is portraying a different picture after a new...

Vail resort visits down 8%, one in foreclosure

Vail recently announced that skier visits through January 5th are down 7.8% across all its resort properties while lift ticket revenue was flat.  With prices not increasing, how are visits down yet revenue still flat?  What does this have to do with one ski resort in...
How to Invest in ski real estate: Are you a Costco or Walmart investor?

How to Invest in ski real estate: Are you a Costco or Walmart investor?

    It is ski time in the Rocky Mountains with over 250 inches in many of the resort communities.  Do you know where the picture was taken (hint it is a “Costco” resort, email me if you know)?  Although there is plenty of snow and cold weather,...
66% probability of recession in 18 months or less, impact on real estate

66% probability of recession in 18 months or less, impact on real estate

Looks like we should have smooth sailing in 2020, but the National Association of Business economists (NABE), the premier professional association for business economists counting Alan Greenspan as their past president, just released their business outlook predictions...