by Glen | Dec 29, 2020 | Housing Price Trends / Information, Property Valuation, Residential hard money
I was amazed that there hasn’t been much fanfare about Costar’s recent purchase. Costar is the largest commercial property data company (Loopnet, Costar, Apartment.com, etc…) with a market cap of 35 billion dollars. The Homesnap purchase is an indicator of things...
by Glen | Dec 22, 2020 | interest rates, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Residential hard money
What a year 2020 has been! The pandemic struck, unemployment has hit records, there was a nice rebound in the summer, and recently a downward trend due to the spike in Coronavirus cases. What does 2021 hold for the economy, interest rates, and residential and...
by Glen | Dec 2, 2020 | Colorado Hard Money, commercial property trends, Housing Price Trends / Information, interest rates, Property Valuation
President-elect Joe Biden nominated former Federal Reserve Chairwoman Janet Yellen, the prior head of the Federal Reserve, to become the next Treasury secretary. The “market” loved the pick, should you? What does a Yellen pick for treasury mean for interest rates? ...
by Glen | Nov 11, 2020 | hard money, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, residential lending valuation
Almost 10% of all government sponsored mortgages entered mortgage forbearance which accounts for almost 841 billion dollars in loans. 4 in 5 workers say they live paycheck to paycheck, with around 30 million people unemployed, the numbers could be daunting. Yet the...
by Glen | Nov 4, 2020 | News, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends
The pic above has nothing to do with the election, but this bear was about 10 feet from me when I was doing a zoom call on the back deck. I didn’t notice him until the meeting participants eyes got big as he walked up behind me. Talk about an interesting...
by Glen | Oct 30, 2020 | commercial hard money, Commercial Lending valuation, commercial property trends, Property Valuation
It is ironic in 2007 and 2008, I was asked by our accountant to value properties and loans on our books due to the last cycle. I told her I had no clue, there were too many unknowns. Commercial real estate is starting the same cycle that residential real estate saw...
