Last week an Uber driverless/ autonomous car struck and killed a pedestrian. This is the first fatality from a fully autonomous vehicle that was using sensors and artificial intelligence to drive itself. Why is this incident so important? How…
I was recently looking at a property to lend on just west of Denver. The borrower paid 3m cash for the property a few months ago. He requested a loan of 750k. Sounds like a no brainer loan as the…
After getting out of bed this morning, it was tough learning that I, Glen Weinberg, was worth roughly the price of two Starbucks coffees. Not that it made me feel any better, but so are you. I assume (unless you…
If you haven’t seen the news Zillow has released a tool to provide “instant offers” to consumers on the purchase of their property via their website WITHOUT USING ANY AGENTS! Will this ultimately be the demise of the traditional residential…
Seems like rates are all over the place with predictions awash. Interest rates are driven primarily by future expectations of the economy along with geopolitical risks (flight to quality). What does this all mean for rates? What should you…
We lost an hour Sunday! I’m sure like most folks I’m not a big fan of losing sleep. I’m not alone in my dislike for time change. There is evidence that changing the clocks causes a spike in car…
There was an article in the Atlanta Journal and Constitution this morning highlighting Atlanta as the number 8 metro market for flipping. Why should you care? Do you remember 2008 and how badly it ended for markets like Atlanta. …
What does great clips have to do with real estate? I went to get a haircut at great clips at 8 am on a Tuesday morning and the place was packed and yet a month earlier on the same date…
It’s the Halloween season and time for haunted houses, ghosts, and goblins. Like most people, I enjoy Halloween but definitely wouldn’t want to celebrate the holiday every day. Unfortunately, unsuspecting buyers commonly purchase properties with a spooky past. Did you…
When high end markets fall, what does it mean for you? I think most real estate pros would agree that the recent run up in prices in many areas throughout the country is concerning. Are there leading indicators of…