More homeowners now underwater: what markets are most at risk

More homeowners now underwater: what markets are most at risk

  The real estate market has rapidly changed.  The number of owners who are underwater is small but growing, and they have recently been concentrated in pandemic boomtowns such as Austin, Texas, Cape Coral, Fla and Denver, CO.  A rapid rise in prices in these...
Did the Supreme court take away property rights

Did the Supreme court take away property rights

In a controversial ruling the Supreme court made a groundbreaking ruling on property rights that has implications for property owners throughout the country.  The ruling regarded tax liens and answers the question of whether a city can “seize” a property for unpaid...
Bear at treeline, what does this mean for you and the economy

Bear at treeline, what does this mean for you and the economy

  As I was hiking with my family almost at treeline in Colorado, one of my dogs suddenly went on point. To our surprise there was a brown bear sauntering through the field (sorry looks like a brown sheep as we are a good distance away on a ridge).  In 30 years we...
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...
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...
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...