by Glen | Dec 11, 2020 | interest rates, real estate investing, Real Estate Trends, Real estate Valuation
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 here? How will the next president...
by Glen | Nov 11, 2020 | hard money, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, residential lending valuation
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...
by Glen | Nov 9, 2020 | Housing Price Trends / Information, interest rates, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation
Pfizer announced that their Covid vaccine in trials was 90% effective at preventing infection. The stock market took off and traders began reshuffling their pandemic bets with Zoom down 20% and Disney, hotels, and cruise operators up substantially. Will there be a...
by Glen | Oct 30, 2020 | commercial hard money, Commercial Lending valuation, commercial property trends, Property Valuation
It is ironic in 2007 and 2008, I was asked by our accountant to value properties and loans on our books due to the last cycle. I told her I had no clue, there were too many unknowns. Commercial real estate is starting the same cycle that residential real estate saw...
by Glen | Oct 14, 2020 | Atlanta Private Lending, Colorado Hard Money, commercial hard money, Commercial Lending valuation, Commercial Loan Servicing, Coronavirus 2020 real estate impact, Housing Price Trends / Information
New eviction laws that Democratic lawmakers recently passed would prevent landlords from filing evictions for nonpayment for a full year after the bill is passed. It would further prohibit foreclosures over nonpayment over the same period and enact automatic...
