HOA bankrupted, is now the time to buy?

HOA bankrupted, is now the time to buy?

With rising insurance costs and litigation HOAs across the country are coming under pressure financially.  This is leading to more HOAs declaring bankruptcy.  Why is a recent lawsuit against an HOA so important? What does this mean for property owners? What are the...
Think your property taxes are high, are you ready for a 40% increase?

Think your property taxes are high, are you ready for a 40% increase?

Look at the picture above, in 2018 these buildings sold for 40 million, in 2026 they just sold for 8 million a stunning 78% loss in value. This will lead to an enormous loss in tax revenue for Aurora, CO.  The same is happening throughout almost every major metro area...
Buying and selling a condo just got harder thanks to Fannie Mae policies

Buying and selling a condo just got harder thanks to Fannie Mae policies

  Many don’t know but the overwhelming majority of all loans originated are ultimately sold to governments sponsored entities like Fannie or Freddie that package the loans and sell as mortgage backed securities.  This means that whatever Fannie and Freddie...
Interest rates jump again, are they going to decline?

Interest rates jump again, are they going to decline?

  It seems like all the economists are surprised that inflation continues at elevated levels and suddenly the market is in a panic about higher inflation.    Am I the only one in the world that buys groceries, fills up my gas tank, goes out to eat, etc… Anyone...
Will real estate fall to Pre Covid levels? Have they already?

Will real estate fall to Pre Covid levels? Have they already?

  During the Covid real estate boom everything with 4 walls took off in price.  Are these price gains sustainable?  Will real estate fall back to Covid values, wiping out huge gains in real estate prices?  Have prices already adjusted to pre covid levels in some...