Reagonomics, Clintonomics, Obamanomics, Bushonomics (1 and 2), Trumponomics, and the new Moronomics which has been embraced by both political parties. It seems like every party has their own economics plan whether is it trickle down or trickle up; economists continue…
Although we are a hard money lender and do not rely exclusively on credit for our loan decisions (we are an asset lender focusing on the property), we do pull credit on every borrower to verify identity, etc… …
Dow plunged 666 points on Friday, yet the jobs report was strong. Why the selloff? Why are treasury rates on a tear? Why did mortgage rates also jump? What does this mean for real estate? Are certain real estate sectors…
We’ve recently watched the federal reserve raising short term interest rates while the 10-year treasury barely moved. Inflation expectations are low, but suddenly 10-year treasuries began moving drastically higher climbing to a 10-month high and mortgage rates also jumped. …
Yesterday I received an extortion letter at home (here is a copy) threatening to release information to my wife if I didn’t send immediately 3650 in bitcoin. This is the first time I've ever seen anything like this. It…
Really? According to a recent research paper by two University of Mississippi professors, they found legalization of marijuana leads to a 6% increase in values in cities in Colorado compared to municipalities that did not legalize marijuana. They conclude being…
A year ago, most of the world had never heard of bitcoin or cryptocurrency. All of the sudden bitcoin and other cryptocurrencies are the new rage stealing the headlines. What does this mean for real estate? Should buyer/sellers/lenders/loan servicers utilize…
Is Georgia a good indicator of the overall national real estate economy? From the graph above Georgia is trending in lockstep with the national average of delinquencies. What can this tell us? The graph comes from new federal database by…
What does the tax bill mean for your real estate? The National Association of Realtors, typically an optimistic group of folks 😊 , says: “The direct result of these changes would be a plunge in home values across America…
No fake news here! If you asked 10 economists what the impact of the tax plan is to the general economy, you would get 11 answers! In a nutshell the tax plan is meant to “juice” the economy by freeing…