Seismic shift in the consumer spending: Who wins?

Seismic shift in the consumer spending: Who wins?

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 goods to services mean for real...
Will the fed stop buying your mortgage?

Will the fed stop buying your mortgage?

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...
Is there a real estate bubble brewing?

Is there a real estate bubble brewing?

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 hitting records.  Is the real...
Inflation jumps to highest levels since 1982

Inflation jumps to highest levels since 1982

Inflation alert: 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 gasoline to restaurant...
Long term capital gains, 43.4%, impact on real estate & 1031 exchange

Long term capital gains, 43.4%, impact on real estate & 1031 exchange

President Biden has proposed an increase in long term capital gains from their current 15-20% to 43% for the wealthiest.  This would be the highest tax paid on income.  What is in the new proposal?  What does this proposal mean for real estate?  How will the 1031...