by Glen | May 8, 2019 | Housing Price Trends / Information, Uncategorized
The National Association of Realtors came out with their 2019 forecast saying: “the economy is “good.” And noted that we have low unemployment, record high job openings, historically low jobless claims, job additions for eight straight years and wages...
by Glen | May 2, 2019 | General real estate financing information, Hard Money Commercial Lending, Housing Price Trends / Information, Real Estate Trends, Real estate Valuation
GDP numbers came in great far exceeding expectations at 3.2%. President Trump tweets “we knocked it out of the park”. At the same time inflation remains low/nonexistent which has enabled mortgage rates to fall over 1%. Even with all this good news, home sales...
by Glen | Apr 18, 2019 | General real estate financing information, Hard Money Commercial Lending, Hard Money Lending, Housing Price Trends / Information
Recently zestimates have been on an upward trajectory, far outpacing typical gains in the market (the graph above shows a 50% increase in two years). Why is the zestimate suddenly increasing? Why is it increasing so rapidly? Is the zestimate really the market value? ...
by Glen | Apr 11, 2019 | Housing Price Trends / Information, Real Estate Trends, Real estate Valuation
Credit scores have been skyrocketing recently. Is this a good thing? Have 15 million consumer’s credit habits changed drastically in the last 10 years? What are the risks from “grade inflation” of credit scores? Why are scores rising so rapidly? How does this...
by Glen | Mar 29, 2019 | Hard Money in the News, Housing Price Trends / Information, Property Valuation, Real Estate Trends, Real estate Valuation, residential lending valuation
The Federal housing administration over the last several years has been quietly easing the lending standards to increase home ownership. Montgomery, the director of the FHA, did an abrupt change this month tightening standards “to maintain a better balance of...
