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 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.…
There is a tidal wave of distressed homeowners who will need help,” Dave Uejio, the CFPB’s acting director, said in a statement; companies “that are unable to adequately manage loss mitigation can expect the bureau to take enforcement or supervisory…
I am always amazed at how out of touch our elected officials are with what happens in the real world. The new tax plan circulating through Congress is no exception with the supposed target high net worth taxpayers,…
For the first time in a year, since Covid-19 began spreading across the United States forcing Americans to stay home, retail alcohol sales have fallen almost 2%. Why the change in alcohol sales? No, people are not consuming less…
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…
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…
Over 50% of workers are 100% remote with another 20% sometimes working remotely due to the pandemic. Will this trend reverse this year with the rollout of the vaccine? How will this impact real estate in the short term and…
Happy new year to everyone. It is crazy that we are still talking about the election … it seems like it is never ending. Fortunately the Georgia senate runoffs were the last of this cycle. As Georgia flipped Democratic, treasury…
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,…
