by Glen | May 10, 2018 | commercial hard money, Commercial Loan Servicing, Real Estate Trends, Real estate Valuation, Small Balance Commercial Lending
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...
by Glen | Apr 13, 2018 | Real Estate Trends
Last summer Zillow announced that it would start a pilot program that allows instant offers on properties effectively eliminating real estate agents in the transaction. At that time 87% of agents thought Zillow would become a brokerage to eliminate agents....
by Glen | Apr 8, 2018 | Commercial Lending valuation, Hard Money Commercial Lending
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...
by Glen | Mar 21, 2018 | commercial hard money, Commercial Lending in the news, Uncategorized
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 does this...
by Glen | Mar 16, 2018 | Government Bailout, hard money, Hard Money Commercial Lending, Housing Price Trends / Information
Like many of you I had a “rocky” ride in the last real estate recession and successfully learned many “million-dollar” lessons that were very painful. One of the key takeaways from the last recession is that risks lurk in plain sight. Hindsight 20-20 it was easy to...
