Taylor Swift tax on real estate coming to a city near you

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...
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...
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...
President fires Federal Reserve Governor mortgage rates rise

President fires Federal Reserve Governor mortgage rates rise

What an insane 24 hours, a late night tweet on Tuesday announced the sudden firing of a Federal Reserve Governor essentially trying to eliminate the independence of the federal reserve while ensuring looser monetary policy.  Ironically the opposite occurred and...
Will real estate fall to 2020 values?

Will real estate fall to 2020 values?

The real estate market has drastically shifted.  Look at the chart above, sellers are rapidly outpacing buyers which means only one thing; the law of economics will rule, and prices will fall.  What is causing prices to fall now in many markets, and will this...
Why are mortgage rates rising when they should be falling?

Why are mortgage rates rising when they should be falling?

The chart above is very surprising.  When the market is predicting a slowdown or a recession, gold typically rises and treasuries also rise, typically in tandem.  The exact opposite is happening now as bond prices are falling and yields are rapidly increasing in the...