Zillow’s stock has plunged, losing 65% of its value over the last 5 years. To put this in perspective, the Nasdaq 100 has doubled during this same period. Why is Zillow, who was once an internet darling, now falling precipitously? What does this mean...
Is Stagflation dead, what happens now
There has been considerable talk about stagflation now mirroring the 70s with high energy prices and low growth. Recently, all the data seemed to be pointing in this direction other than one metric. The economy keeps growing exceeding pretty much every...
Washington inflates credit scores and another housing bubble
The Biden Administration took steps to enable less credit-worthy borrowers to qualify for mortgages to support the housing market. Now the Trump team is doing even more in the name of boosting home ownership and lowering costs for borrowers with a surprising...
2026 real estate predictions, what happens now?
2026 was set to be the big recovery in real estate with rates lowering, setting us up for a great year. Instead, the Iran war kicked off driving energy prices and in turn inflation up. The rate narrative has made a U-turn with the question of when to...
When will real estate crash or will it?
Look at the chart above of consumer delinquencies? We are now in line with 2017, but is that the real story? Look at 07 what do you notice? Will the economy mirror the 08 reset or has something else fundamentally changed? With the current delinquency rates...
Trump forces investors to sell properties pulls floor from house prices
President Trump recently announced a new ban on large investors buying single family homes. Ironically this bill is almost identical to what Biden/Harris had proposed a few years ago but with a new twist that will radically alter the housing markets. Large...
What does the Iran war mean for real estate?
I was a bit surprised at the market reaction, check out the 10 year treasury (above) on the Monday after the war began. I would have predicted the opposite reaction with yields falling. What are the three primary reasons rates are now rising? What impact does this...
Supreme court nullifies tariffs, 3 big changes to real estate
The supreme court throws out president Trump’s tariffs. What does this mean for real estate building costs and interest rates? Why is the chart above so important? Will this decision drastically alter the real estate market one way or another? What happens...
Will real estate prices rise? Are the predictions wrong?
Every major economist is predicting real estate prices remaining flat to falling modestly in 2026. How accurate are these predictions? Is there a scenario where prices buck every prediction and rise later this year? A prior survey shows a radically different...
Bitcoin plunge impact on real estate and economy
Bitcoin has had a wild ride, declining over 50% in over a month plummeting from a high of 120k to 60k. Check out the chart above. Why the sudden drop in cryptocurrencies? What does this mean for real estate prices? Looking at the chart below, how will interest...
Has the economy lost its mind
As I was walking on a snow covered trail, I found a blaze orange sweatshirt. WTF, who loses something like this and doesn’t even notice? It made me start thinking, has the person lost their mind? Has the economy lost its mind? Look at three charts below: Gold,...
Trump bans investors pulls floor from house prices
President Trump recently announced a new ban on large investors buying single family homes. Ironically this bill is almost identical to what Biden/Harris had proposed a few years ago. Why the interest in banning investors from purchasing single family homes? ...
Canada eliminates private property impacts US
Who would every imagine that British Columbia, Canada would eliminate private property rights costing property owners billions of dollars. What was the bombshell ruling? Why is it almost impossible for anyone to buy or sell in Canada? What does this mean for US...
Where should you invest in real estate in 2026?
The pandemic turned the real estate market upside down with real estate values surging throughout the country. With values rising everywhere, everyone seemed like a winner. Unfortunately, the boom town days are coming to an end. Real Estate fundamentals or lack...
How to increase mortgage defaults
The Biden Administration took steps to enable less credit-worthy borrowers to qualify for mortgages to support the housing market. Now the Trump team is doing the same in the name of boosting home ownership and lowering costs for borrowers. Why is the...
Gov’t gives away trillions, yet subprime borrowers surge
Does anyone else find it a bit ironic that the US government gave away 4.6 trillion including direct payments to individuals and yet the number of subprime borrowers has surpassed precovid levels. Why are more borrowers now classified as subprime and what does...
What is the best ski town investment
As everyone departs for the holiday season and many are hitting the slopes I wanted to share a survey I did of Colorado real estate experts on the best ski investments. As you can see there were some surprises. What huge changes occurred in Breckenridge and Vail to...
Taylor Swift tax on real estate coming to a city near you
A new push by states to tax the real estate of the wealthy is going nationwide with cities across the country looking at expensive second homes as the gold mine to solve all their social problems. What is the new “Taylor Swift Tax”? What are some of the new proposals...
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...
Why will Real estate outperform in the next cycle
First, Happy Thanksgiving. I hope everyone has a great holiday season. As you sit around the table this year, there is plenty to talk about and debate (including this blog ). Check out the screenshot above of the headlines on Bloomberg. Depending on which headline...
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
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
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...
Fed drops rates, why did mortgage rates barely budge
The federal reserve lowers interest rates and signals two more reductions the remainder of the year. At the same time mortgage rates are barely moving. Why are mortgage rates having such a large disconnect with the Federal Reserve. Will rates continue...



























