According to ATTOM data, gross profit on home flips have fallen six quarters in a row and eight of the last 10, and now stand at the lowest level since Q4 2011. At the same time the number of flips across the…
The Federal reserve dropped rates again which wasn’t a big surprise as the market was pricing in a 96% probability of a rate cut. This is the third cut this year effectively creating a “floor” under real estate. How did…
In September, Toyota’s year over year auto sales plummeted 16.5%, Honda down 14%, and Nissan down almost 18%. The severity of the slide stokes fears that a long-anticipated car sales collapse may be arriving. Why should you care about Autos…
It is interesting to watch the release of indexes like the Case Schiller on a regular basis. Many of the same cities continue to pop up like Atlanta and Denver. Why? What continues to drive markets like Atlanta and Denver? …
With recession talks all over the headlines and stock markets tumbling around the globe are you ready whenever the next real estate cycle occurs? Do you know the mushroom theory and how it can help you plan for the…
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 of a recession in the next two years at 72%. …
Recently the news has been overwhelming on the China front. Last week there was a trade meeting surrounded by fanfare, then there were the tweets from the president announcing more tariffs. The US markets plunged losing 2% in one day…
I took the pic after the 4th outside of Breckenridge, CO (has nothing to do with the article, but thought you would enjoy). Last week the US June jobs report was released that toppled all expectations. After a week May…
I’ve been hearing rumblings of this suit for months and I’m usually skeptical that lawsuits will totally alter an industry but the recent suit against the National Association of realtors, various multiple listing services, and many large real estate brokerages…
Federal Reserve Chairman Powell recently announced that inflation is transitory. Sound familiar? Janet Yellen, the prior fed chair, used this same term 2017 and 2018. Seems like we are in an extended “transit”. Why? Are we headed for…
