I was recently interviewed in Mortgage Professional America and one of the key questions was “what is the root cause of the condo crisis”. It seems like everyone is just now talking about the crisis in condos and attached dwellings, but this should not be a surprise...
Weinberg told Mortgage Professional America ” the July jobs report was the turning point in how I think about where the economy is heading. After months of strong headline numbers, the report showed a sudden loss and downward revisions.” After watching inflation pull...
In case you missed it, I was recently quoted in the Wall Street Journal: Homeowners foreclosing on more residents. Did you know foreclosures in HOAs have jumped 40% in the last two years? Why? The WSJ did a great article focusing on the root causes of the distress...
First, yes above is yours truly, hopefully you were not expecting Tom Cruise behind the keyboard 😊 In case you missed it, I was recently quoted in a Mortgage Professional America article: Fannie and Freddie are taking on more risk than anyone is admitting. ...
New government rules allow Crypto to be used for mortgage collateral. At the same time Crypto just hit its lows for the year plunging 52% over the last year while the S&P return is about + 24%. Should lenders accept crypto for mortgages? How does this impact...
Another uptick in the US’s annual inflation rate comes as little surprise as the US-Iran war rumbles on, but it’s still deepened uncertainty across the US housing market and clouded the interest rate outlook. “Based on the recent readings, I think any rate cuts are...
In case you missed it, I was recently quoted in a Mortgage Professional America article: Is this the perfect storm for housing. It is a great article focusing on the impact of interest rates, consumer confidence, etc.. on the spring housing season that is now...
If you missed it (here is a link), last week I was interviewed in Mortgage Professional America on what happens to mortgage rates and real estate as a result of the huge economic news last week with jobs slower and energy prices skyrocketing. What does the...
The Trump administration hasn’t been short of proposals in recent months it says will improve affordability in the housing market and boost Americans’ chances of taking out a mortgage. “All of the proposals are short-term fixes,” Glen Weinberg of Fairview Commercial...
I recently did an interview with Mortgage Professional America. Below is an excerpt and a link to the full interview. The stock market is strong, unemployment remains low, and rates have steadied—but none of that matters if consumers can’t pay their bills. That’s the...
I’ve mentioned many times that house flipping is getting a little “long in the tooth”. This week I was featured in BusinessWeek/Bloomberg on this topic ( great article here is the link in case you missed it). Nationwide flipping has grown exponentially....
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?
Zillow has made two big announcements recently: 1) Zillow is expanding its “cash offers” programs to 4 cities 2) Zillow acquired mortgage lenders of America. On the surface, most people shrugged off the announcements as neither appear monumental. Why are these two...
First, Happy Halloween. I hope everyone has a safe and fun Halloween. The pic above is yours truly in a blow-up dinosaur costume I got for 25 dollars. Quite a steal! It is crazy to think that my purchase has changed the world and your Halloween costume...
Are we partying like it is 2007 again? Hopefully everyone hasn’t forgotten the last real estate party and how badly it ended. With the market on fire in many locations throughout the country, there is increasing pressure to get transactions closed. According to a...
We’ve all heard the predictions for 2017, rates will be X, employment will be Y, the sky will be blue, but also might fall depending on 18 different variables from armchair economists. What should you believe and what should you do? I had a crash course in 2017...
I’m a big believer in self reflection, and when I am wrong, coming out and saying it. I wrote an article, let if float, where I, like pretty much everyone else in the industry, predicted rates would stay low. Unfortunately, the last week has taught us that these...
It’s the Halloween season and time for haunted houses, ghosts, and goblins. Like most people, I enjoy Halloween but definitely wouldn’t want to celebrate the holiday every day. Unfortunately, unsuspecting buyers commonly purchase properties with a spooky past. Did...
When high end markets fall, what does it mean for you? I think most real estate pros would agree that the recent run up in prices in many areas throughout the country is concerning. Are there leading indicators of what could be to come? Aspen is down 42...
Will taco bell predict the next real estate crash? What does a fast food restaurant like taco bell have to do with real estate? Can the sales of taco bell predict the next crash? What do sales at fast food restaurants mean for the general economy? What we found in...
Fairview Commercial Lending named a "hot 100" mortgage professional. Glen Weinberg, COO Fairview lending, was recently named a top 100 mortgage professional by Mortgage Professional America Magazine. The prestigious award is given to top mortgage professionals...
Has real estate lost its "mojo"? Anyone who has watched real estate has certainly noticed a large uptick in house prices from 2007, almost doubling in many areas. This begs the question: Are we approaching a bubble? Are we going to see a correction like 2007 or the...
We are pleased to welcome Fairview's newest associate, "Mr. Waddles". Mr. Waddles was recently named a top dog in offices across Colorado according to Colorado Biz Magazine. He is the canine companion of Fairview partner Glen Weinberg who recently rescued him...
We’ve all been on the highway heading out town when traffic slows for hours due to a wreck. Everyone tries not to look as they pass by, but the vast majority of folks just can’t seem to resist the temptation. Just like a car wreck, there is a real...
Phone: 866-634-1270
Email: Info@FairviewLending.com
