by Glen | May 2, 2019 | General real estate financing information, Hard Money Commercial Lending, Housing Price Trends / Information, Real Estate Trends, Real estate Valuation
GDP numbers came in great far exceeding expectations at 3.2%. President Trump tweets “we knocked it out of the park”. At the same time inflation remains low/nonexistent which has enabled mortgage rates to fall over 1%. Even with all this good news, home sales...
by Glen | Apr 25, 2019 | commercial hard money, Commercial Lending valuation, hard money, Hard Money Lending, Housing Price Trends / Information, Real Estate economic trends
We are well into 2019 and recession risks seems to have faded into the rear view mirror. Is this a facade? Are we out of the woods yet? What changed? The biggest wildcard going into 2019 was the pace and number of increases from the federal reserve. What has...
by Glen | Apr 18, 2019 | General real estate financing information, Hard Money Commercial Lending, Hard Money Lending, Housing Price Trends / Information
Recently zestimates have been on an upward trajectory, far outpacing typical gains in the market (the graph above shows a 50% increase in two years). Why is the zestimate suddenly increasing? Why is it increasing so rapidly? Is the zestimate really the market value? ...
by Glen | Apr 11, 2019 | Housing Price Trends / Information, Real Estate Trends, Real estate Valuation
Credit scores have been skyrocketing recently. Is this a good thing? Have 15 million consumer’s credit habits changed drastically in the last 10 years? What are the risks from “grade inflation” of credit scores? Why are scores rising so rapidly? How does this...
by Glen | Apr 4, 2019 | credit scoring, General real estate financing information, Housing Price Trends / Information
Last week, I woke up, checked my phone only to see it blowing up with alerts. I was getting alerts about random charges that were not mine from my credit card. Not the best way to wake up, but not surprising since it has been about 6 months since the largest hack in...
by Glen | Mar 29, 2019 | Hard Money in the News, Housing Price Trends / Information, Property Valuation, Real Estate Trends, Real estate Valuation, residential lending valuation
The Federal housing administration over the last several years has been quietly easing the lending standards to increase home ownership. Montgomery, the director of the FHA, did an abrupt change this month tightening standards “to maintain a better balance of...
