I hope everyone had a great Thanksgiving. Unfortunately, the market plunge hasn’t helped get many folks into the Holiday Spirit! What is driving the recent market correction? Is this a bump or a real problem? Is this all driven by…
As Thanksgiving week begins, there was a surprising economic report just released. The National Association of Home Builders/Wells Fargo Housing Market Index dropped eight points in November to 60, according to a report Monday. That compared with the median estimate…
The Commerce Department reported GDP surged to 3.5%, well above most median economic estimates (full article). Is this the beginning of an era of increased economic prosperity? Will GDP continue to increase? Why is GDP increasing while housing stocks have…
Don't want to wait for a decision until you are stuffed with Turkey. Annoyed by the games of other lenders promising the moon only to find out later that they aren’t really lenders and can’t close? Do you have a…
Regardless of which party you wanted to win, it could always be worse if you got beaten in an election by a dead guy… in NV a Brothel owner who was deceased still won against his competitor for a state…
For anyone watching the markets, it has been quite the ride. I’m feeling a bit seasick from all the motion taking place in the markets! Stocks plummet then come roaring back all within the same day. What is going on? …
Analysts at Goldman Sachs Group Inc. recently announced that commercial properties are overvalued by 16%. Shortly after Wells Fargo Chief Executive Officer Tim Sloan went on television, saying some deals looked “frothy” and that his bank was pulling back. (Bloomberg). …
This year has been crazy with Hurricanes, Floods, and Fires. Are you at risk? How will this impact your real estate values / costs? Even though many of the recent catastrophic events have been centered in certain regions, impacts…
Mortgage rates for a 30-year mortgage bottomed our around 3.4% in July of July of 2016. Rates recently broke through the 5% mark and the 10-year treasury just hit a 7-year high. At the same time Well’s Fargo announced it…
This past week has been a rough ride with the S&P losing over 7%. Is this a minor correction or something more? President Trump says blame the “loco” fed not the China trade war. Is he correct? What are the…