With recession talks all over the headlines and stock markets tumbling around the globe are you ready whenever the next real estate cycle occurs? Do you know the mushroom theory and how it can help you plan for the…
It is crazy, the last real estate crisis was 10 years ago and the government is still debating what to do with Fannie/Freddie, the largest securitizers of 30 year fixed mortgages. Why are we still debating the governments role in…
Recently the news has been overwhelming on the China front. Last week there was a trade meeting surrounded by fanfare, then there were the tweets from the president announcing more tariffs. The US markets plunged losing 2% in one day…
It was only a matter of time before the largest seller of almost anything entered the real estate market. Amazon announced it’s new program, Turnkey. This program partners with Realogy (owner of Sothebys, Coldwell Banker, etc..) to funnel potential…
The economic news has been wild recently with GDP soaring, consumer confidence down, and the federal reserve holding monetary policy (interest rates) steady. It is challenging to decipher what is actually going on with the economy with so many mixed…
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…
Banks told the Fed that they would tighten lending standards if short-term rates rise above their long-term counterparts, the central bank said in results of an October survey of senior loan officers. Asked how an inversion of the yield curve…
A market indicator watched by the Fed as one of the most accurate gauges of economic health is pricing in lower rates for the first time in more than a decade. It was the first time since March 2008 the…
With 2019 coming quickly it is time for my annual real estate predictions. 2019 is shaping up to be considerably more exciting than 2018! The main economic drivers in 2019 will be the pace of rate increases from the federal…
I hope everyone had a great Thanksgiving. Unfortunately, the market plunge hasn’t helped get many folks into the Holiday Spirit! What is driving the recent market correction? Is this a bump or a real problem? Is this all driven by…
