Mortgage rate increase, still funding in cash

Mortgage rate increase, still funding in cash

  First,  I hope everyone is doing okay with everything going on.   As many banks and other lenders pull back thru the pandemic and the mortgage rate increase we are still funding. We fund and hold all of our loans in cash without leverage so we will continue to...
Markets tank from coronavirus scare

Markets tank from coronavirus scare

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...
60% chance mortgage rates plunge: The fed disagrees!

60% chance mortgage rates plunge: The fed disagrees!

We are at an interesting crossroads in the economy.  The Federal Reserve and economic data show that the economy is very strong with consumer spending and confidence at all-time highs. At the same time the bond market is portraying a different picture after a new...

Vail resort visits down 8%, one in foreclosure

Vail recently announced that skier visits through January 5th are down 7.8% across all its resort properties while lift ticket revenue was flat.  With prices not increasing, how are visits down yet revenue still flat?  What does this have to do with one ski resort in...
How to Invest in ski real estate: Are you a Costco or Walmart investor?

How to Invest in ski real estate: Are you a Costco or Walmart investor?

    It is ski time in the Rocky Mountains with over 250 inches in many of the resort communities.  Do you know where the picture was taken (hint it is a “Costco” resort, email me if you know)?  Although there is plenty of snow and cold weather,...