2019 Real Estate Market predictions

With 2019 coming quickly it is time for my annual real estate predictions.  2019 is shaping up to be considerably more exciting than 2018!  The main economic drivers in 2019 will be the pace of rate increases from the federal…

Continue Reading

Trump implements plunge protection team; what does this mean for real estate?

Treasury Secretary Steve Mnuchin said on twitter: “Today I convened individual calls with the CEOs of the nation’s six largest banks,” and he will have the first meeting of the “plunge protection” team Monday. Just a little advice to whomever picked the name, it doesn’t provide a warm and fuzzy feeling! What is the “plunge protection team”? Who are the members? Why is being called upon now? This team last met in 2009 during the waning days of the last recession. Is this an indication of something larger?
Continue Reading

Happy Holidays avoid the line with the human marshmallow!

I hope each of you and your families have a happy and healthy holiday season. For all of you traveling this holiday season have safe travels and pack your sense of humor especially if you are behind this guy. I’d like to give an official shout out to Matt Botten (pictured above). He didn’t want to pay the baggage fee so decided to wear all his clothes on his trip home . Imagine being behind him going through security, you think removing your shoes is an ordeal, how about 10 jackets and 8 pairs of pants!
Continue Reading

US Home-builder index crashes 14; Recession next?

As Thanksgiving week begins, there was a surprising economic report just released.  The National Association of Home Builders/Wells Fargo Housing Market Index dropped eight points in November to 60, according to a report Monday. That compared with the median estimate…

Continue Reading

Is cryptocurrency the future of real estate?

  "Blockchain and cryptocurrency really has the ability to change every aspect of real estate, from titles, to lending, to the brokerage itself," said Jim Merrion, a Boulder real estate agent with Coldwell Banker. (Daily Camera).  Is this true?  Is…

Continue Reading