Pfizer announced that their Covid vaccine in trials was 90% effective at preventing infection. The stock market took off and traders began reshuffling their pandemic bets with Zoom down 20% and Disney, hotels, and cruise operators up substantially. Will there…
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…
The Urban Institute think tank says nearly two out of three loans made in 2019 would fail to meet at least one of the stricter standards lenders have imposed since March. Banks are tripping over themselves to be the first…
I wanted to highlight Atlanta, Georgia as it is one of the top ten metro areas in the country, we have an office there, and we are intimately familiar with the real estate market. Furthermore, it is a typical…
From March 1 through the end of May, Americans deferred debt payments on more than 100 million accounts, according to credit-reporting firm TransUnion, a sign of widespread financial distress. Millions are out of work, yet house prices are increasing in…
Nike is a bellwether for the retail industry and general economy generating over 40 billion in annual revenue making it one of the largest athletic retailers in the world. Since 2006 revenue has consistently increased every year. In June, Nike…
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 hope everyone is doing well in light of the recent events. I was recently asked: “Did the Federal Reserve trigger a housing market crash?” What happened? The Coronavirus struck, the fed had to act swiftly to mitigate the damage,…
First, I wanted to give a hats off to this guy for taking social distancing to the next level. He hiked out about a mile on thin ice to ensure he was doing his part 🙂 Coronavirus has caused the…
With the labor market looking up, we decided to “hire” a new employee, Luna. She will be working out of our Colorado office and focusing on property inspections (and anything that has to do with snow). Please welcome her…
