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Impact of 1.9 trillion stimulus on real estate: Larry Summers is worried should you be?

Impact of 1.9 trillion stimulus on real estate: Larry Summers is worried should you be?

  • February 23, 2021
  • Coronavirus 2020 real estate impact

I took this pic of a bear in my backyard staring at me while I was sitting on the porch, it was a good reminder….  1.9 trillion is a huge number flowing through to the economy in one fell swoop. …

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Biden halts foreclosures for 18 months, house prices up; no impact on “credit score”, but can’t get credit?

Biden halts foreclosures for 18 months, house prices up; no impact on “credit score”, but can’t get credit?

  • February 16, 2021
  • Coronavirus 2020 real estate impact

10 million Americans are behind on their mortgage payments, with the majority of these late payments occurring in FHA loans.  At the same time Millions are out of work, yet house prices are increasing in most markets.  What was in…

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How does a national $15 min wage impact real estate?

How does a national $15 min wage impact real estate?

  • February 10, 2021
  • hard money

Within the new proposed Covid relief proposed by the president is a requirement that the minimum wage increase nationally to fifteen dollars an hour.  What impact will this have on housing affordability?  How will this increase in minimum wage affect…

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“this time is different” Vaccines rollout, good news abounds,  75% probability you are wrong

“this time is different” Vaccines rollout, good news abounds, 75% probability you are wrong

  • February 2, 2021
  • General real estate financing information

There has been a flurry of good news with stocks reaching records, talks of more stimulus, and vaccines rolling out.  Small stocks like Gamestop and AMC have been off the charts minting new millionaires every day.   What does all…

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5 Permanent Changes to real estate from Coronavirus

5 Permanent Changes to real estate from Coronavirus

  • January 15, 2021
  • Real Estate economic trends

The Coronavirus has impacted businesses throughout the economy and real estate is not immune from the radical changes caused by social distancing and lockdowns.  How will the real estate industry adapt to the changes?  What does this mean for the…

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Treasury yields jump to highest since March. What does the GA senate race mean for real estate?

Treasury yields jump to highest since March. What does the GA senate race mean for real estate?

  • January 6, 2021
  • Atlanta Hard Money

Happy new year to everyone. It is crazy that we are still talking about the election … it seems like it is never ending.  Fortunately the Georgia senate runoffs were the last of this cycle.  As Georgia flipped Democratic, treasury…

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CoStar buys Homesnap: Why this reshapes residential real estate

CoStar buys Homesnap: Why this reshapes residential real estate

  • December 29, 2020
  • Housing Price Trends / Information

I was amazed that there hasn’t been much fanfare about Costar’s recent purchase.  Costar is the largest commercial property data company (Loopnet, Costar, Apartment.com, etc…)  with a market cap of 35 billion dollars.  The Homesnap purchase is an indicator of…

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2021 real estate predictions:  What happens to residential and commercial values and interest rates

2021 real estate predictions: What happens to residential and commercial values and interest rates

  • December 22, 2020
  • interest rates

What a year 2020 has been!  The pandemic struck, unemployment has hit records, there was a nice rebound in the summer, and recently a downward trend due to the spike in Coronavirus cases.  What does 2021 hold for the economy,…

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Happy Holidays: I met the modern “Griswold’s”

Happy Holidays: I met the modern “Griswold’s”

  • December 18, 2020
  • About Fairview Commercial Lending

I wanted to wish everyone a Happy and Healthy holiday season.  With all the craziness going on, it is still nice to relish in the “creativity” of our fellow Man/Woman.  As I am driving down the road, ironically not far…

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Mortgage rates just set a record low, are we at the bottom? What should you do now?

Mortgage rates just set a record low, are we at the bottom? What should you do now?

  • December 11, 2020
  • interest rates

Mortgage rates just blew through another record with the 30-year fixed rate dropping to 2.75%. If you have been watching the mortgage market, your head is likely spinning.  How can mortgage rates go this low?  Where do we go from…

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    • Impact of 1.9 trillion stimulus on real estate: Larry Summers is worried should you be?
    • Biden halts foreclosures for 18 months, house prices up; no impact on “credit score”, but can’t get credit?
    • How does a national $15 min wage impact real estate?
    • “this time is different” Vaccines rollout, good news abounds, 75% probability you are wrong
    • Work from home impact on real estate values; pay cuts coming, 75% want to return

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