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Strong Jobs Report Blows Away Predictions; Real Estate Paints a Different Picture; Why?

Strong Jobs Report Blows Away Predictions; Real Estate Paints a Different Picture; Why?

  • July 10, 2019
  • Hard Money Lending

I took the pic after the 4th outside of Breckenridge, CO (has nothing to do with the article, but thought you would enjoy). Last week the US June jobs report was released that toppled all expectations. After a week May…

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A Title Company Got Hacked, 26% of All Real Estate Closing Impacted, 3 Steps to Take Now

A Title Company Got Hacked, 26% of All Real Estate Closing Impacted, 3 Steps to Take Now

  • July 5, 2019
  • General real estate financing information

If you have closed any real estate loan since 2003, you have over a 25% chance you were impacted.  First American, the second largest title insurance company in the United States handling over 26% of all closings, announced a data…

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US Home-builder index crashes 14; Recession next?

US Home-builder index crashes 14; Recession next?

  • November 19, 2018
  • Hard Money Commercial Lending

As Thanksgiving week begins, there was a surprising economic report just released.  The National Association of Home Builders/Wells Fargo Housing Market Index dropped eight points in November to 60, according to a report Monday. That compared with the median estimate…

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Stocks plummet, stock rise, one step you should take today

Stocks plummet, stock rise, one step you should take today

  • October 30, 2018
  • Colorado Hard Money

For anyone watching the markets, it has been quite the ride.  I’m feeling a bit seasick from all the motion taking place in the markets! Stocks plummet then come roaring back all within the same day.  What is going on? …

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Less people move impact on your real estate

Less people move impact on your real estate

  • August 21, 2018
  • Commercial Lending valuation

  Less relocation impacts real estate investments. About 3.5 million workers relocated for a new job last year, a 10% drop from 3.8 million in 2015. The current relocation rate of 10 percent is 72 percent lower than in the…

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Will Amazon pick you? Will your city win the “golden ticket”

Will Amazon pick you? Will your city win the “golden ticket”

  • October 13, 2017
  • Commercial Lending in the news

Unfortunately, this isn’t Willy Wonka’s chocolate factory up for grabs, but Amazon’s proposed Headquarters 2.  This new factory would cost about 5 billion to build and employ about 50k highly paid tech workers.  Why is the new HQ for Amazon…

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Trumps new plan “floods” homebuilders: You likely are impacted as well

Trumps new plan “floods” homebuilders: You likely are impacted as well

  • October 6, 2017
  • Government Bailout

Trump wants to curtail flood insurance in flood prone areas.  This all seems logical, so why is this such a big issue?  As many environmentalists cheered, homebuilders were aghast. Trumps new plan would radically overhaul the 1968 program which protects…

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What do Chase, Dairy Queen, and Equifax have in common? 4 steps to take today

What do Chase, Dairy Queen, and Equifax have in common? 4 steps to take today

  • September 13, 2017
  • Real Estate Trends

What do JPMorgan Chase, Home Depot, Michaels Stores, Target, Dairy Queen, and now Equifax all have in common? They’ve all been hacked and your info could have been compromised.  If you missed the news Equifax released last week that 143…

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Will the eclipse influence real estate prices?

Will the eclipse influence real estate prices?

  • August 21, 2017
  • commercial hard money

  Probably not although I doubt any closings happening.  But, I did have to give a shout out to this guy who I will nominate as “best dressed” for the upcoming eclipse.  I think the metal “hat” adds the little…

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Will we drive into the next recession? How will this impact real estate?

Will we drive into the next recession? How will this impact real estate?

  • July 7, 2017
  • Hard Money in the News

Ready to start your engines for the summer driving season?  Will our cars lead us into the next recession?  Although auto sales declined substantially this year, the real story is that the subprime bubble in auto lending is now showing…

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