Hard money lending and the market: inflation, record prices, investor activity and rule changes for second homes and rentals.
Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during January and substantially higher than any estimates according to a closely watched gauge the Labor Department released Thursday (CPI). The stock and bond markets are continuing to awaken,...
New York City’s housing market is undergoing a powerful rebound, fueled by New Yorkers trading up, out-of-staters moving in, and others looking beyond the pandemic’s aftershocks to make a long-term bet on the city. On the flip side, Boise prices are up 25% year over...
Real estate investors spent a record $63.6 billion to purchase homes in the third quarter, up 78% from a year earlier, with an intense housing shortage fueling their returns, according to a Redfin report published on Monday. “Investors are expecting rents to increase...
Your taxes will increase $775 Billion dollars according to an analysis by Bloomberg. President Biden has rolled out his proposed tax plan with three major pillars that will impact real estate pros. 1) Elimination of the 1031 exchange provision (or such a low cap...
Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department. Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly announced...
I am always amazed at how out of touch our elected officials are with what happens in the real world. The new tax plan circulating through Congress is no exception with the supposed target high net worth taxpayers, but middle class, small business...
Before getting into the details, I can quickly answer the first question with 100% certainty. Will Mortgage rates rise substantially in 2021? Yes they already have and will go even higher! Why are mortgage rates rising while the federal reserve pledges to keep rates...
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. What do both Republican and Democratic economists agree on regarding...
Denmark, the country with the longest history of negative central bank rates is offering homeowners 20-year loans at a fixed interest rate of zero. This is very similar to the zero percent financing on cars in the US except you are buying a house. What does this...
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 things...
Almost 10% of all government sponsored mortgages entered mortgage forbearance which accounts for almost 841 billion dollars in loans. 4 in 5 workers say they live paycheck to paycheck, with around 30 million people unemployed, the numbers could be daunting. Yet the...
We are seeing interesting economic times; throughout the economy there is huge consolidation within industries as the big get even bigger. Real estate is following a similar trajectory to big technology companies. What is causing the huge changes in real estate? ...
Do you know where the next mortgage defaults will occur in your city? What cities and zip codes are most at risk during this recession? In every recession, there are two predictors of default/loss, collateral and equity. What does the data tell us today?...
We are in an interesting economic cycle. In the last recession, house prices plummeted up to 60% in some areas. We currently hit the highest unemployment rate since the great depression yet house prices continue to appreciate. This is exactly the opposite of what...
The Coronavirus pandemic has thrown the economy off a cliff leaving many equity rich property owners with no cash flow. The pandemic has caused many residential and commercial tenants to defer or totally miss payments as the economy shuts down. Property owners are...
With the labor market looking up, we decided to "hire" a new employee, Luna. She will be working out of our Colorado office and focusing on property inspections (and anything that has to do with snow). Please welcome her to the team 🙂 The Labor Department...
The picture above is a bit more relaxing to look at as opposed to the media barrage of the coronavirus and stock market (do you know where I took the pic, hint in CO, email me if you know). The Coronavirus has caused stock markets around the world to quickly sell off...
As the economy shrugs off recession fears with unemployment hovering near record lows and the stock market continuing to heat up there is one major byproduct that could be impacted, mortgage rates. There was a ton of bad news priced into the market last year that...
If you missed the article in the Wall Street Journal, you need to read it. The reporter demonstrated how he went dumpster diving and resold the items on Amazon. This is not a new concept and appears to be happening quite frequently to unsuspecting buyers. ...
The jobs report last week was a welcome surprise beating expectations with 266k jobs created, almost 50% more than expectations. This is the lowest jobless rate since 1969 underpinning a strong consumer that continues to spend and drive the bull market. What does...
With recession talks all over the headlines and stock markets tumbling around the globe are you ready whenever the next real estate cycle occurs? Do you know the mushroom theory and how it can help you plan for the next cycle? I developed this theory after...
The economic news has been wild recently with GDP soaring, consumer confidence down, and the federal reserve holding monetary policy (interest rates) steady. It is challenging to decipher what is actually going on with the economy with so many mixed messages. With...
Recently the news has been overwhelming. Originally there was a deal with China then there wasn’t; now China is referring to the trade differences as a trade war. The US markets sold off and then they recovered then sold off again. What is going on? Why are we...
Home Prices in 20 U.S. Cities Cool with the smallest gain since 2012. At the same time mortgage rates have dropped off their highs by 20% to around 4% for a 30-year mortgage. Why are lower mortgage rates not spurring more demand and helping home prices? Why is...
Phone: 866-634-1270
Email: Info@FairviewLending.com
