I recently looked at a warehouse property that was just purchased for 500k. They only needed 200k. I thought the loan should be a no brainer until I started digging and found out the property was only worth around 200k! How could there be this large of a...
In 2016 commercial real estate deal volume fell by 11% for the first time since 2009! According to a recent Wall Street Journal report, some prominent real estate investors are reducing their holdings and taking money off the table. Who is pulling back? What...
Last week I wrote about the large increase in flips in Atlanta. I was surprised that Atlanta was above its pre-recession peak. This got me thinking about Denver. In the Denver news today, it was reported that foreclosures recently increased for the first...
There was an article in the Atlanta Journal and Constitution this morning highlighting Atlanta as the number 8 metro market for flipping. Why should you care? Do you remember 2008 and how badly it ended for markets like Atlanta. I did an analysis of the raw...
With Trump's first work day today, what does the new Trump presidency mean for real estate? Is Trump the “inflation president”? What does this mean for rates and real estate values? Will commercial and residential real estate continue to soar? Are certain markets...
A recent Trulia analysis of U.S. listings shows that 3.9 percent of homes that moved from for-sale to pending moved back to for-sale again, nearly double the rate in 2015. What is the number one reason sales typically fall out? Financing is the number one...
We’ve all heard the predictions for 2017, rates will be X, employment will be Y, the sky will be blue, but also might fall depending on 18 different variables from armchair economists. What should you believe and what should you do? I had a crash course in 2017...
2017 promises to be an interesting year for real estate investors. Will the bulls continue to run rampant driving up prices or are the bears going to finally come out to play? Although real estate is market specific (for example Detroit vs. Denver) there are...
I hope everyone has had a great 2016 and is looking forward to the new year. I wanted to wish everyone safe travels for the holiday season. Don’t forget before you head to the airport to remember your driver’s license. This brings me to the picture above. A man in...
The fed raised rates today? Is this the real news? As many have noticed, rates have taken off over the last 30 days driving up mortgage rates substantially. What is really driving the rapid movement and what will happen in 2017. There is one wild card that could...
Many lenders are already talking about closings they are setting up for 2017? ARE THEY CRAZY? What happened to the last month of 2016? As the holidays are well upon us, many borrowers have asked: “Can you close my loan by year end?”. The answer is yes, WE CAN CLOSE...
I’m a big believer in self reflection, and when I am wrong, coming out and saying it. I wrote an article, let if float, where I, like pretty much everyone else in the industry, predicted rates would stay low. Unfortunately, the last week has taught us that these...
I wanted to wish everyone a Happy Thanksgiving. I have enjoyed working with each of you over the past year and look forward to working together in the future. With this year’s election, the dinner table is going to be quite interesting to say the least. I wanted to...
What does great clips have to do with real estate? I went to get a haircut at great clips at 8 am on a Tuesday morning and the place was packed and yet a month earlier on the same date and time there wasn’t a single patron. Why? How can this pattern or lack thereof...
Shares of Banks soared today as real estate took a little breather. What does a trump presidency mean for the markets and mortgage/real estate professionals? Is Trump the “inflation president”? What does this mean for rates and real estate values? Let’s start with...
Happy Fall. Tired of the games of other lenders? With other companies advertising they can close before the year end, at Fairview we can do better and close before the turkey even starts gobbling. Our average close time is only 5-10 days and there are ZERO UP FRONT...
It’s the Halloween season and time for haunted houses, ghosts, and goblins. Like most people, I enjoy Halloween but definitely wouldn’t want to celebrate the holiday every day. Unfortunately, unsuspecting buyers commonly purchase properties with a spooky past. Did...
I saw a surprising announcement yesterday that the largest residential real estate company was starting a mortgage arm. This mortgage arm will work closely with its realtors throughout the country to provide a “one stop shop” for home buyers. What does this mean...
When high end markets fall, what does it mean for you? I think most real estate pros would agree that the recent run up in prices in many areas throughout the country is concerning. Are there leading indicators of what could be to come? Aspen is down 42...
Let it float! I’m talking about rates that is. Why would anyone not lock in a mortgage at these historically low rates. It is a foregone conclusion that rates will increase in December (more than 80% of economists feel a hike will occur: WSJ). With such strong...
How will the election impact real estate? So who won the debate last night? Should you care? Like most of you I’m still trying to understand what Rosy Odonell has to do with anything! But, regardless of who won the debate last night or who was right or wrong, what...
Close before the leaves hit the ground on residential(investment) and commercial properties Happy Fall. With other companies advertising they can close before the holidays, at Fairview we can do better and close before the leaves even fall. Our average close...
Commercial lending is tightening. How do you get funded in a challenging market? All of us undoubtedly hear NO! hundreds of times a day especially in the real estate lending world. With the various rules and regulations, it is more difficult than ever to get...
Will taco bell predict the next real estate crash? What does a fast food restaurant like taco bell have to do with real estate? Can the sales of taco bell predict the next crash? What do sales at fast food restaurants mean for the general economy? What we found in...
I recently looked at a warehouse property that was just purchased for 500k. They only needed 200k. I thought the loan should be a no brainer until I started digging and found out the property was only worth around 200k! How could there be this large of a...
In 2016 commercial real estate deal volume fell by 11% for the first time since 2009! According to a recent Wall Street Journal report, some prominent real estate investors are reducing their holdings and taking money off the table. Who is pulling back? What...
Last week I wrote about the large increase in flips in Atlanta. I was surprised that Atlanta was above its pre-recession peak. This got me thinking about Denver. In the Denver news today, it was reported that foreclosures recently increased for the first...
There was an article in the Atlanta Journal and Constitution this morning highlighting Atlanta as the number 8 metro market for flipping. Why should you care? Do you remember 2008 and how badly it ended for markets like Atlanta. I did an analysis of the raw...
With Trump's first work day today, what does the new Trump presidency mean for real estate? Is Trump the “inflation president”? What does this mean for rates and real estate values? Will commercial and residential real estate continue to soar? Are certain markets...
A recent Trulia analysis of U.S. listings shows that 3.9 percent of homes that moved from for-sale to pending moved back to for-sale again, nearly double the rate in 2015. What is the number one reason sales typically fall out? Financing is the number one...
We’ve all heard the predictions for 2017, rates will be X, employment will be Y, the sky will be blue, but also might fall depending on 18 different variables from armchair economists. What should you believe and what should you do? I had a crash course in 2017...
2017 promises to be an interesting year for real estate investors. Will the bulls continue to run rampant driving up prices or are the bears going to finally come out to play? Although real estate is market specific (for example Detroit vs. Denver) there are...
I hope everyone has had a great 2016 and is looking forward to the new year. I wanted to wish everyone safe travels for the holiday season. Don’t forget before you head to the airport to remember your driver’s license. This brings me to the picture above. A man in...
The fed raised rates today? Is this the real news? As many have noticed, rates have taken off over the last 30 days driving up mortgage rates substantially. What is really driving the rapid movement and what will happen in 2017. There is one wild card that could...
Many lenders are already talking about closings they are setting up for 2017? ARE THEY CRAZY? What happened to the last month of 2016? As the holidays are well upon us, many borrowers have asked: “Can you close my loan by year end?”. The answer is yes, WE CAN CLOSE...
I’m a big believer in self reflection, and when I am wrong, coming out and saying it. I wrote an article, let if float, where I, like pretty much everyone else in the industry, predicted rates would stay low. Unfortunately, the last week has taught us that these...
I wanted to wish everyone a Happy Thanksgiving. I have enjoyed working with each of you over the past year and look forward to working together in the future. With this year’s election, the dinner table is going to be quite interesting to say the least. I wanted to...
What does great clips have to do with real estate? I went to get a haircut at great clips at 8 am on a Tuesday morning and the place was packed and yet a month earlier on the same date and time there wasn’t a single patron. Why? How can this pattern or lack thereof...
Shares of Banks soared today as real estate took a little breather. What does a trump presidency mean for the markets and mortgage/real estate professionals? Is Trump the “inflation president”? What does this mean for rates and real estate values? Let’s start with...
Happy Fall. Tired of the games of other lenders? With other companies advertising they can close before the year end, at Fairview we can do better and close before the turkey even starts gobbling. Our average close time is only 5-10 days and there are ZERO UP FRONT...
It’s the Halloween season and time for haunted houses, ghosts, and goblins. Like most people, I enjoy Halloween but definitely wouldn’t want to celebrate the holiday every day. Unfortunately, unsuspecting buyers commonly purchase properties with a spooky past. Did...
I saw a surprising announcement yesterday that the largest residential real estate company was starting a mortgage arm. This mortgage arm will work closely with its realtors throughout the country to provide a “one stop shop” for home buyers. What does this mean...
When high end markets fall, what does it mean for you? I think most real estate pros would agree that the recent run up in prices in many areas throughout the country is concerning. Are there leading indicators of what could be to come? Aspen is down 42...
Let it float! I’m talking about rates that is. Why would anyone not lock in a mortgage at these historically low rates. It is a foregone conclusion that rates will increase in December (more than 80% of economists feel a hike will occur: WSJ). With such strong...
How will the election impact real estate? So who won the debate last night? Should you care? Like most of you I’m still trying to understand what Rosy Odonell has to do with anything! But, regardless of who won the debate last night or who was right or wrong, what...
Close before the leaves hit the ground on residential(investment) and commercial properties Happy Fall. With other companies advertising they can close before the holidays, at Fairview we can do better and close before the leaves even fall. Our average close...
Commercial lending is tightening. How do you get funded in a challenging market? All of us undoubtedly hear NO! hundreds of times a day especially in the real estate lending world. With the various rules and regulations, it is more difficult than ever to get...
Will taco bell predict the next real estate crash? What does a fast food restaurant like taco bell have to do with real estate? Can the sales of taco bell predict the next crash? What do sales at fast food restaurants mean for the general economy? What we found in...
