Should appraised value be arbitrary?  Is location important in value?

Should appraised value be arbitrary?  Is location important in value?

There is a new legislative proposal to radically alter the appraisal industry.  Should the use of comparables be arbitrary when establishing appraised value?  Do appraisers need to better “appreciate” a neighborhood (what does this even mean?)  Should an appraiser use...
Will interest rates stay low forever?  What did the fed just announce?

Will interest rates stay low forever?  What did the fed just announce?

If you have been tracking interest rates in the mortgage market, your head is likely spinning.  Mortgage rates hit a record low of 3% less than a week later rates have risen again.  What is causing the drastic swings? Is now the time to lock in or refinance?  What did...
Forbearance drives house prices up; no impact on “credit score”, but can’t get credit?

Forbearance drives house prices up; no impact on “credit score”, but can’t get credit?

From March 1 through the end of May, Americans deferred debt payments on more than 100 million accounts, according to credit-reporting firm TransUnion, a sign of widespread financial distress.  Millions are out of work, yet house prices are increasing in most...
Nike sales plunge 40%, Microsoft closing all their stores, What about real estate? Who will win?

Nike sales plunge 40%, Microsoft closing all their stores, What about real estate? Who will win?

Nike is a bellwether for the retail industry and general economy generating over 40 billion in annual revenue making it one of the largest athletic retailers in the world.  Since 2006 revenue has consistently increased every year.  In June, Nike announced that sales...
Coronavirus raises your property taxes, are you ready for a 3.8 billion dollar property tax bill?

Coronavirus raises your property taxes, are you ready for a 3.8 billion dollar property tax bill?

First, I wanted to give a hats off to this guy for taking social distancing to the next level.  He hiked out about a mile on thin ice to ensure he was doing his part 🙂  Coronavirus has caused the Federal Reserve to drastically cut rates to almost zero due to the...