When the shutdowns from the pandemic rippled through the economy, I saw statistics that up to a third of all mortgages could end in default. At the same time, home sales of previously owned homes just dropped to a 10…
We keep hearing that the spring real estate season is just around the corner, yet the April housing numbers came out showing a 4.4% decline from 2018 and continuing a downward trend of declining sales for the 14th straight month. …
I recently received a Broker Price Opinion that took the cake. A class C office was compared to a class A retail location in another city. The BPO felt the value of the property was worth over a million ……
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…
Did the tooth fairy predict the recent market turmoil? The tooth fairy was a bit frugal in 2017, the average payout dropped 11%. Why such a large drop when the economy is supposedly the healthiest it has been in 10…
Last week Trump announced Jerome Powell as his pick to lead the federal reserve bank replacing Janet Yellen. What does this mean for the trajectory of interest rates? How is Powell working with Shake Shack to keep rates low? Will…
It’s like getting a free scoop of ice cream 😊 According to Equifax about 11 million borrowers will have their credit scores increased by at least 20 points starting in July. Will you be impacted? What is the change? What…
US existing home prices continue to plunge, who is still lending?
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