According to a recent Well’s Fargo economic report: the forecast for the level of services spending is expected to swell to more than four and a half years of typical spending packed into nine months. What does this transition from…
I have been saying for months that rent growth would accelerate. The numbers are in and according to Corelogic, Single-family rents were up 5.3% year over year in April, rising from a 2.4% increase in April 2020. Nationally, rent growth…
The federal reserve on multiple occasions has called the recent spike in inflation “transitory” yet inflation just rose to its highest level since 1982. Will inflation increase over the short term and then fall to a much lower level in…
Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department. Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly…
I am always amazed at how out of touch our elected officials are with what happens in the real world. The new tax plan circulating through Congress is no exception with the supposed target high net worth taxpayers,…
For the first time in a year, since Covid-19 began spreading across the United States forcing Americans to stay home, retail alcohol sales have fallen almost 2%. Why the change in alcohol sales? No, people are not consuming less…
We are now well over a year into the pandemic and forbearance/eviction moratoriums abound with property owners and lenders essentially “stuck” with limited or no cash flow. Unfortunately, many in Washington and local governments do not fully understand how real…
Before getting into the details, I can quickly answer the first question with 100% certainty. Will Mortgage rates rise substantially in 2021? Yes they already have and will go even higher! Why are mortgage rates rising while the federal reserve…
The statistics are staggering. Violent crime in Atlanta is up over 30% from 2019. Unfortunately, this is not unique to large cities. According to Crime data from Denver Police there have been 44 homicides this year so far, that is…
I took this pic of a bear in my backyard staring at me while I was sitting on the porch, it was a good reminder…. 1.9 trillion is a huge number flowing through to the economy in one fell swoop. …
