HOA bankrupted, is now the time to buy?

HOA bankrupted, is now the time to buy?

With rising insurance costs and litigation HOAs across the country are coming under pressure financially.  This is leading to more HOAs declaring bankruptcy.  Why is a recent lawsuit against an HOA so important? What does this mean for property owners? What are the...
50 year mortgage: fundamental flaw in the media

50 year mortgage: fundamental flaw in the media

There is a new proposal to develop a 50 year loan product to “turbocharge” the housing market and make it more affordable.  How realistic is this proposal?  What would a 50 year mortgage look like for consumers?  What is the fundamental flaw in the analysis by the...
Phantom debt soars, what does this mean for real estate?

Phantom debt soars, what does this mean for real estate?

  Consumer spending in the world’s largest economy has been so resilient in the face of stubbornly high inflation that economists and traders have had to repeatedly rip up their forecasts for slowing growth and interest-rate cuts. How are consumers still spending...
Rocket mortgage acquires redfin, what does this mean for real estate?

Rocket mortgage acquires redfin, what does this mean for real estate?

  In a surprise move, Rocket mortgage is acquiring the real estate brokerage company Redfin for 1.8 billion.  Why is a mortgage company interested in a real estate broker?  What does this mean for realtors, consumers, and competitors?  Will this purchase...
Secret mortgage blacklist, is your property on it?

Secret mortgage blacklist, is your property on it?

Condominium owners across the country are facing a paralyzing problem: They can’t sell their properties because of a fast-growing and mostly secret mortgage blacklist.  Don’t worry this is not some crazy conspiracy from the government.  I’ve experienced this first...

My recession indicator flashing green: ready for bulls or bears

Are the bulls running or are the bears coming?  Any business media you pick up is harping on the idea of a “recession watch” and the economy is basically coming to an end!  On the flip side my proprietary lending data is giving me a radically different answer.  What...