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,…
Mortgage rates just blew through another record with the 30-year fixed rate dropping to 2.75%. If you have been watching the mortgage market, your head is likely spinning. How can mortgage rates go this low? Where do we go from…
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.…
Pfizer announced that their Covid vaccine in trials was 90% effective at preventing infection. The stock market took off and traders began reshuffling their pandemic bets with Zoom down 20% and Disney, hotels, and cruise operators up substantially. Will there…
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…
We are seeing interesting economic times; throughout the economy there is huge consolidation within industries as the big get even bigger. Real estate is following a similar trajectory to big technology companies. What is causing the huge changes in real…
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…
