According to a recent Well’s Fargo economic report: the forecast for the level of services spending is expected to swell to more than four and a half years of typical spending packed into nine months. What does this transition from…
The Federal Reserve has bought $982 billion of the mortgage bonds since March 5, 2020. As Federal Reserve officials discuss how to eventually scale back their easy-money policies, they are debating whether to start by reducing purchases of mortgage-backed securities…
As I look around the real estate market, you cannot help but notice the craziness. On my personal house in Colorado, my value is up around 50% in two years. These same trends are unfolding throughout the country, with appreciation…
Your taxes will increase $775 Billion dollars according to an analysis by Bloomberg. President Biden has rolled out his proposed tax plan with three major pillars that will impact real estate pros. 1) Elimination of the 1031 exchange provision (or…
It is usually not a good sign when Fed Vice Chairman Richard Clarida said after the consumer price index report “I was surprised”. I am not sure what rock people are living under, but everything has increased in price from…
Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department. Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly…
For years Zillow has been buying houses, but they have refused to use the Zestimate as their purchase price. The cards have now turned with Zillow announcing that the “Zestimate” is now the price they will pay for your house.…
As a result of the current loose monetary policy and additional stimulus coming down the pipe, “imbalances” within the economy are starting to form. BofA predicts a 10% drop in stock prices. What are other experts saying on the stock…
The statistics are staggering. Violent crime in Atlanta is up over 30% from 2019. Unfortunately, this is not unique to large cities. According to Crime data from Denver Police there have been 44 homicides this year so far, that is…
There has been a flurry of good news with stocks reaching records, talks of more stimulus, and vaccines rolling out. Small stocks like Gamestop and AMC have been off the charts minting new millionaires every day. What does all…
