Denver private lender insights on property taxes, affordable housing rules and what is really moving prices.
Look at the picture above, in 2018 these buildings sold for 40 million, in 2026 they just sold for 8 million a stunning 78% loss in value. This will lead to an enormous loss in tax revenue for Aurora, CO. The same is happening throughout almost every major metro area...
In every article I read about real estate they highlight that inventory is causing prices to fall, or high interest rates, or not enough demand. All of these items above are only symptoms. What is the real driver moving prices today? What does this mean for...
It seems nobody is talking about the property tax bomb coming to almost every major city. What is causing the huge decrease in property tax revenue even though your individual property taxes have skyrocketed? Why will your property taxes continue to skyrocket? I’m...
The federal government is about to back mortgages over one million for the first time. The maximum size of home-mortgage loans eligible for backing by Fannie Mae and Freddie Mac is expected to jump sharply in 2023, a reflection of the rapid appreciation in home prices...
Wow, it has been a wild ride during this pandemic, who thought there would be a national run on toilet paper. Fortunately, those days are over. You can now readily pick up Charmin (or whatever you like). The market is also starting to witness this transformation...
With the craziness in the market, I at least wanted to ease everyone into it with a relaxing picture 🙂 I wrote last week about rate increases coming down the pipe, but like everyone else I was surprised by the last federal reserve meeting and how quickly they changed...
We are still funding in cash! The 2020 summer Olympics in Tokyo have officially been rescheduled to 2021. As the world copes with the Coronavirus pandemic, cities and countries around the world have shut borders and ordered stay at home orders to stop the spread of...
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 in real estate? Autos are...
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...
Mortgage rates for a 30-year mortgage bottomed our around 3.4% in July of July of 2016. Rates recently broke through the 5% mark and the 10-year treasury just hit a 7-year high. At the same time Well’s Fargo announced it was laying off over 600 mortgage workers and...
Less relocation impacts real estate investments. About 3.5 million workers relocated for a new job last year, a 10% drop from 3.8 million in 2015. The current relocation rate of 10 percent is 72 percent lower than in the mid-to-late 1980s. The average annual...
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 … this was off by over 50%. Is your BPO BS? Four tips to spot...
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...
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 years and wages are rising? Can the tooth fairy be...
Although we are a hard money lender and do not rely exclusively on credit for our loan decisions (we are an asset lender focusing on the property), we do pull it on every borrower to verify identity, etc… There are three important recent changes that...
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 there be any radical changes going...
There are a number of outfits advertising hard money lending. Fairview is unique since we strictly lend our own money and there are no upfront fees. We fund deals we commit on and close quickly. There are no upfront fees. Before selecting a private lender, it is...
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Phone: 866-634-1270
Email: Info@FairviewLending.com
