New eviction laws that Democratic lawmakers recently passed would prevent landlords from filing evictions for nonpayment for a full year after the bill is passed. It would further prohibit foreclosures over nonpayment over the same period and enact automatic forbearance…
FHA has placed a moratorium on foreclosures from mortgage loan defaults and offered any borrower that requests it an extension to not make payments for a year (HUD). This effectively kicks the can down the road and pushed out any…
The Coronavirus has created a unique financial situation. Unemployment rates are at record highs, with companies announcing long term downsizing. At the same time residential real estate is hitting new records and continues to increase in the face of the…
We are still funding in cash. Before the Pandemic, the United States economy was on track with the longest running bull market, record low inflation wages increasing, record low unemployment, and historically low mortgage rates. Even with all this good…
We are in an interesting economic cycle. In the last recession, house prices plummeted up to 60% in some areas. We currently hit the highest unemployment rate since the great depression yet house prices continue to appreciate. This is exactly…
I’m doing my part for social distancing! As I’m working from home, I looked out the window and noticed a lone biker weaving while riding down the road. They suddenly came inches away from hitting a parked car. Were they…
It is ski time in the Rocky Mountains with over 250 inches in many of the resort communities. Do you know where the picture was taken (hint it is a “Costco” resort, email me if you know)? Although…
Although, the recent November election was an off year with few major items on the ballot, there was one big takeaway from last election that could be precedent setting for cities throughout the country. It is amazing that Airbnb…
It is interesting to watch the release of indexes like the Case Schiller on a regular basis. Many of the same cities continue to pop up like Atlanta and Denver. Why? What continues to drive markets like Atlanta and Denver? …
President Trump announced the revocation of the California clean air waiver act. Regardless of where you sit on this particular issue, the impacts will be profound on States rights, on real estate and one industry in particular. Why are 33…
