50 year mortgage: fundamental flaw in the media

50 year mortgage: fundamental flaw in the media

There is a new proposal to develop a 50 year loan product to “turbocharge” the housing market and make it more affordable.  How realistic is this proposal?  What would a 50 year mortgage look like for consumers?  What is the fundamental flaw in the analysis by the...
Big changes in property rights from the election- what city made 100m from the election?

Big changes in property rights from the election- what city made 100m from the election?

Although all eyes and media coverage was on the supposed “blue wave” on election day, the real story are the huge changes in property rights throughout the Country.  Did Nantucket vote to continue an effective ban on nightly rentals?  Did Vail pass a 17% tax on...
Heavy trucks signal recession my data says the opposite

Heavy trucks signal recession my data says the opposite

    Look at the chart above, there is a direct correlation between heavy truck sales and GDP growth which is one of the best indicators for the health of the economy.  As you can see heavy truck sales plummeted, which points to a recession.  On the flip...
American’s staged a property tax revolt, GA led the way

American’s staged a property tax revolt, GA led the way

  Voters in eight U.S. states passed measures in the last election to offer some form of relief on property taxes, a sign of their mounting frustration with tax bills that have soared alongside huge jumps in home values. Many states will have property tax...
Airbnb just quietly changed the rules and the impacts are huge

Airbnb just quietly changed the rules and the impacts are huge

Starting Sept 8th, Airbnb has radically altered the payment terms for all hosts. What was in the little change with huge impacts?  How does this impact every property owner?  Will it still be profitable for owners to use Airbnb?  What are the three changes and what...
Foreclosures on the rise, is this a blip or trend?

Foreclosures on the rise, is this a blip or trend?

With fluctuating mortgage rates and economic pressure in the housing market, foreclosure activity Has continues to ramp up throughout the year. According to real estate data provider Attom, homebuyers may face more challenges heading into 2025.  Why are foreclosure...