Happy summer to everyone, hopefully you are taking some time to get outside with your friends and family to de stress . Last week, I wrote about the general economy not following a V shaped economic pattern, which I still…
The stock market has been pricing in a fast and rapid “V” recovery, yet 106 million people and various businesses like United Airlines are painting a radically different picture. As Alan Greenspan, the former fed chief, famously said: markets can…
We are still funding in cash. Before the Pandemic, the United States economy was on track with the longest running bull market, record low inflation wages increasing, record low unemployment, and historically low mortgage rates. Even with all this good…
NY city is changing the real estate game implementing a ban on the NYC rental broker fee and making a host of other changes. At the same time New York leads all U.S. metro areas as the largest net loser…
Like many of you I had a “rocky” ride in the last real estate recession and successfully learned many “million-dollar” lessons that were very painful. One of the key takeaways from the last recession is that risks lurk in…
With the labor market looking up, we decided to “hire” a new employee, Luna. She will be working out of our Colorado office and focusing on property inspections (and anything that has to do with snow). Please welcome her…
The picture above is a bit more relaxing to look at as opposed to the media barrage of the coronavirus and stock market (do you know where I took the pic, hint in CO, email me if you know). The…
We are at an interesting crossroads in the economy. The Federal Reserve and economic data show that the economy is very strong with consumer spending and confidence at all-time highs. At the same time the bond market is portraying a…
It is ski time in the Rocky Mountains with over 250 inches in many of the resort communities. Do you know where the picture was taken (hint it is a “Costco” resort, email me if you know)? Although…
Looks like we should have smooth sailing in 2020, but the National Association of Business economists (NABE), the premier professional association for business economists counting Alan Greenspan as their past president, just released their business outlook predictions placing the odds…
