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 property owners...
Key fed gauge points to rate cuts first time since 08
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 gauge, seen as a roadmap for traders’ outlook on Federal Reserve...
2019 Real Estate Market predictions
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 reserve, market volatility, the ongoing...
I’ll bet you 17 billion we have another real estate crisis brewing; what is the solution?
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 this concept. For a government...
Market correction? Apple down 20%, Treasuries rise, Real Estate invited to the party?
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 fed? Is real estate the next...
GDP numbers came in great; homebuilders fall 30%. Is there a secret lurking?
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 tanked...
Dead guy wins election; impact on real estate and banking
Regardless of which party you wanted to win, it could always be worse if you got beaten in an election by a dead guy… in NV a Brothel owner who was deceased still won against his competitor for a state seat!(ABC news) What does the midterm election mean for real...
How will Hurricane/Fire season impact your real estate
This year has been crazy with Hurricanes, Floods, and Fires. Are you at risk? How will this impact your real estate values / costs? Even though many of the recent catastrophic events have been centered in certain regions, impacts will be felt throughout the...
Markets plunge 7%, has the fed gone “loco”; real estate impact?
This past week has been a rough ride with the S&P losing over 7%. Is this a minor correction or something more? President Trump says blame the “loco” fed not the China trade war. Is he correct? What are the drivers of the recent decline and what does this mean...
Is cryptocurrency the future of real estate?
"Blockchain and cryptocurrency really has the ability to change every aspect of real estate, from titles, to lending, to the brokerage itself," said Jim Merrion, a Boulder real estate agent with Coldwell Banker. (Daily Camera). Is this true? Is cryptocurrency...
Is Zillow the Amazon of real estate? You should be worried
Zillow has made two big announcements recently: 1) Zillow is expanding its “cash offers” programs to 4 cities 2) Zillow acquired mortgage lenders of America. On the surface, most people shrugged off the announcements as neither appear monumental. Why are these two...
GDP numbers came in great; is now the time to buy real estate
The Commerce Department reported GDP surged to 4.1% this past quarter from 2% the prior quarter (full article). Is this the beginning of an era of increased economic prosperity or a house of cards ready to crumble? Should you buy real estate now due to expected...
Who is right you or the fed?
Is the bond market or federal reserve correct on the future of interest rates? Beyond 2019 there is huge disagreement. The Federal reserve has relayed that future tightening will continue, but the markets aren’t buying it. The bond market is predicting that a rate...
US housing starts plunge by most since 16
Residential housing starts fell 12.3%, multifamily fell 19.8%, and permits (a proxy for future builds) fell 2.2%. Furthermore a recent builder survey found that sales were “sluggish” in June (Marketwatch). What does all this mean for real estate values? Is the...
Ready to go upside down? 4 vs 3; impact on real estate
The economy is in for a bit of a ride! The federal reserve in their last meeting changed their tone signaling two more rate increases this year as opposed to one bringing the total rate increase to four. Why is this change in tone important? What does this have to...
40% of adults can’t come up with $400, real estate impact?
The Federal reserve in their recent Report on Economic Well being made two very concerning discoveries: 1) 40% of all adults if faced with an unexpected expense of $400 would not be able to cover it 2) 25% of all adults are not able to pay all of their current...
Why children should guide your real estate decisions
In real estate should you be following your children? The chart above shows the net gain in births by state and provides a profound picture of the future of real estate. What is the importance of the chart and why is it so important for long term real...
Are you following the Mushroom theory for real estate?
I know this sounds pretty crazy that a mushroom should be your guide to real estate investing. First, put the magic mushroom down! I’m not talking about actually consuming a mushroom. Do you know the mushroom theory? I think most people would agree, the...
Libor replaced, will your mortgage be more expensive now?
Last year it was announced that Libor will be phased out by 2021. Why is this such big news? According to a fed survey almost 45% of mortgages are linked to Libor and the vast majority of jumbo loans are Libor based. In total there is about 862 billion...
India is the new appraiser in town. How does this impact your value?
What is your property worth? Chances are someone in India is answering that question for your lender without ever stepping foot in the country, let alone in the property. The process of using a Broker Price Opinion for valuation was outlawed in the last crisis, but...
Guide to invest in ski real estate: What can you learn from Costco & Walmart?
Although this ski season just wrapped up. Some ski real estate is hitting the breaks with seasons end while others continue with the foot on the gas. Why are certain ski real estate markets throughout the country behaving differently than others? What do you...
Marijuana legalization increases property values by 6%
Really? According to a recent research paper by two University of Mississippi professors, they found legalization of marijuana leads to a 6% increase in values in cities in Colorado compared to municipalities that did not legalize marijuana. They conclude being close...
Will the tax bill tank real estate prices 10%? 4 changes to watch
What does the tax bill mean for your real estate? The National Association of Realtors, typically an optimistic group of folks , says: “The direct result of these changes would be a plunge in home values across America in excess of 10 percent, and likely more...
























