The jobs report last week was a welcome surprise beating expectations with 266k jobs created, almost 50% more than expectations. This is the lowest jobless rate since 1969 underpinning a strong consumer that continues to spend and drive the bull…
Federal Reserve Chairman Powell recently announced that inflation is transitory. Sound familiar? Janet Yellen, the prior fed chair, used this same term 2017 and 2018. Seems like we are in an extended “transit”. Why? Are we headed for…
In the fall of 2006 my wife, a high school teacher, left for school in a small sleepy town SW of Denver. Shortly after school began shots rang out and a hostage situation ensued (See Article). At the end of…
Although it is impossible to predict the future unless you were a star in the movie back to the future 😊, history does provide a good indicator of what might happen. With all the recession talk recently it is important…
As the government shutdown continues to drag on, how is commercial and residential real estate being impacted? What does Vail resorts, the largest owner of ski resorts in the country, have to do with the government shutdown. How are existing…
The Commerce Department reported GDP surged to 4.1% this past quarter from 2% the prior quarter (full article). Is this the beginning of an era of increased economic prosperity or a house of cards ready to crumble? Should you buy…
If you haven’t seen the news Zillow has released a tool to provide “instant offers” to consumers on the purchase of their property via their website WITHOUT USING ANY AGENTS! Will this ultimately be the demise of the traditional residential…
Shares of Banks soared today as real estate took a little breather. What does a trump presidency mean for the markets and mortgage/real estate professionals? Is Trump the “inflation president”? What does this mean for rates and real estate values? …
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 you…
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…
