The Federal housing administration over the last several years has been quietly easing the lending standards to increase home ownership. Montgomery, the director of the FHA, did an abrupt change this month tightening standards “to maintain a better balance of…
The Yield curve inverted for the first time since 2007! What does this mean and why is this so important for real estate? Can the animals predict our next “storm”? Should we all be listening to our “primal” instincts a…
No, I’m not talking about democrats vs. republicans. I am talking about the actual color blue! Regardless of your political affiliations, I would recommend you only invest in areas on the map that are blue. The Brookings institute developed a…
Although it is impossible to predict the future unless you were a star in the movie back to the future 😊, history does provide a good indicator of what might happen. With all the recession talk recently it is important…
As the government shutdown continues to drag on, how is commercial and residential real estate being impacted? What does Vail resorts, the largest owner of ski resorts in the country, have to do with the government shutdown. How are existing…
A market indicator watched by the Fed as one of the most accurate gauges of economic health is pricing in lower rates for the first time in more than a decade. It was the first time since March 2008 the…
With 2019 coming quickly it is time for my annual real estate predictions. 2019 is shaping up to be considerably more exciting than 2018! The main economic drivers in 2019 will be the pace of rate increases from the federal…
Would you take the bet? I wouldn’t suggest it as we’ve seen this party before. As I’ve mentioned before the number one determinant of a default is leverage. This is obvious, yet our wonderful federal government doesn’t seem to grasp…
I hope everyone had a great Thanksgiving. Unfortunately, the market plunge hasn’t helped get many folks into the Holiday Spirit! What is driving the recent market correction? Is this a bump or a real problem? Is this all driven by…
The Commerce Department reported GDP surged to 3.5%, well above most median economic estimates (full article). Is this the beginning of an era of increased economic prosperity? Will GDP continue to increase? Why is GDP increasing while housing stocks have…