Analysts at Goldman Sachs Group Inc. recently announced that commercial properties are overvalued by 16%. Shortly after Wells Fargo Chief Executive Officer Tim Sloan went on television, saying some deals looked “frothy” and that his bank was pulling back....
This year has been crazy with Hurricanes, Floods, and Fires. Are you at risk? How will this impact your real estate values / costs? Even though many of the recent catastrophic events have been centered in certain regions, impacts will be felt throughout the...
Mortgage rates for a 30-year mortgage bottomed our around 3.4% in July of July of 2016. Rates recently broke through the 5% mark and the 10-year treasury just hit a 7-year high. At the same time Well’s Fargo announced it was laying off over 600 mortgage workers and...
This past week has been a rough ride with the S&P losing over 7%. Is this a minor correction or something more? President Trump says blame the “loco” fed not the China trade war. Is he correct? What are the drivers of the recent decline and what does this mean...
Accurate data is critical to make the right decisions in commercial real estate. If you’ve missed the news, Costar bought Loopnet and their key competitor declared bankruptcy. In the past you could access inexpensive property comparables through Loopnet for about...
It has been 10 years since Lehman Brothers collapsed and the mortgage market tanked with Fannie and Freddie taken over by the US government. Have we learned any lessons from the last collapse? Is the mortgage market substantially safer than before? Who will take it...
"Blockchain and cryptocurrency really has the ability to change every aspect of real estate, from titles, to lending, to the brokerage itself," said Jim Merrion, a Boulder real estate agent with Coldwell Banker. (Daily Camera). Is this true? Is cryptocurrency...
What is a government’s role in real estate whether it is mortgages, subsidized housing, flood insurance, etc… Is government really the best equipped to solve various real estate issues or should private enterprise take the lead. Has the government created a...
Zillow has made two big announcements recently: 1) Zillow is expanding its “cash offers” programs to 4 cities 2) Zillow acquired mortgage lenders of America. On the surface, most people shrugged off the announcements as neither appear monumental. Why are these two...
President Donald Trump said he expected Jerome Powell to be a cheap-money Fed chairman and lamented to wealthy Republican donors at a Hamptons fundraiser on Friday that his nominee instead had raised interest rates, according to people present. This is his most...
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 mid-to-late 1980s. The average annual...
In just about every destination or gateway town, not only are short-term rentals squeezing the last drops out of the affordable housing supply, but more profoundly, they are threatening the very character that drew in locals—and tourists. For example, in...
I recently received a Broker Price Opinion that took the cake. A class C office was compared to a class A retail location in another city. The BPO felt the value of the property was worth over a million … this was off by over 50%. Is your BPO BS? Four tips to spot...
The Commerce Department reported GDP surged to 4.1% this past quarter from 2% the prior quarter (full article). Is this the beginning of an era of increased economic prosperity or a house of cards ready to crumble? Should you buy real estate now due to expected...
Is the bond market or federal reserve correct on the future of interest rates? Beyond 2019 there is huge disagreement. The Federal reserve has relayed that future tightening will continue, but the markets aren’t buying it. The bond market is predicting that a rate...
Residential housing starts fell 12.3%, multifamily fell 19.8%, and permits (a proxy for future builds) fell 2.2%. Furthermore a recent builder survey found that sales were “sluggish” in June (Marketwatch). What does all this mean for real estate values? Is the...
Banks are an interesting bunch. In the old days you knew your banker and you could walk in and get a loan. Those days are over. Now loans are underwritten in an offsite location by a robot with little local input. Either the loan fits in the pretty box or it...
The markets tanked losing almost 2% with some companies down almost 10% due to the selloff. What caused the selloff? What does this mean for real estate? What should you do? Is it time to panic? What is the silver lining? What happened? The markets has in the...
The economy is in for a bit of a ride! The federal reserve in their last meeting changed their tone signaling two more rate increases this year as opposed to one bringing the total rate increase to four. Why is this change in tone important? What does this have to...
The Federal reserve in their recent Report on Economic Well being made two very concerning discoveries: 1) 40% of all adults if faced with an unexpected expense of $400 would not be able to cover it 2) 25% of all adults are not able to pay all of their current...
In real estate should you be following your children? The chart above shows the net gain in births by state and provides a profound picture of the future of real estate. What is the importance of the chart and why is it so important for long term real...
I know this sounds pretty crazy that a mushroom should be your guide to real estate investing. First, put the magic mushroom down! I’m not talking about actually consuming a mushroom. Do you know the mushroom theory? I think most people would agree, the...
No I’m not crazy and I don’t subscribe to conspiracy theories. But, as we speak the value of your commercial real estate is being “changed” by the federal government. This is not a joke; the federal government is making your real estate value decrease. How is this...
Last year it was announced that Libor will be phased out by 2021. Why is this such big news? According to a fed survey almost 45% of mortgages are linked to Libor and the vast majority of jumbo loans are Libor based. In total there is about 862 billion...
Analysts at Goldman Sachs Group Inc. recently announced that commercial properties are overvalued by 16%. Shortly after Wells Fargo Chief Executive Officer Tim Sloan went on television, saying some deals looked “frothy” and that his bank was pulling back....
This year has been crazy with Hurricanes, Floods, and Fires. Are you at risk? How will this impact your real estate values / costs? Even though many of the recent catastrophic events have been centered in certain regions, impacts will be felt throughout the...
Mortgage rates for a 30-year mortgage bottomed our around 3.4% in July of July of 2016. Rates recently broke through the 5% mark and the 10-year treasury just hit a 7-year high. At the same time Well’s Fargo announced it was laying off over 600 mortgage workers and...
This past week has been a rough ride with the S&P losing over 7%. Is this a minor correction or something more? President Trump says blame the “loco” fed not the China trade war. Is he correct? What are the drivers of the recent decline and what does this mean...
Accurate data is critical to make the right decisions in commercial real estate. If you’ve missed the news, Costar bought Loopnet and their key competitor declared bankruptcy. In the past you could access inexpensive property comparables through Loopnet for about...
It has been 10 years since Lehman Brothers collapsed and the mortgage market tanked with Fannie and Freddie taken over by the US government. Have we learned any lessons from the last collapse? Is the mortgage market substantially safer than before? Who will take it...
"Blockchain and cryptocurrency really has the ability to change every aspect of real estate, from titles, to lending, to the brokerage itself," said Jim Merrion, a Boulder real estate agent with Coldwell Banker. (Daily Camera). Is this true? Is cryptocurrency...
What is a government’s role in real estate whether it is mortgages, subsidized housing, flood insurance, etc… Is government really the best equipped to solve various real estate issues or should private enterprise take the lead. Has the government created a...
Zillow has made two big announcements recently: 1) Zillow is expanding its “cash offers” programs to 4 cities 2) Zillow acquired mortgage lenders of America. On the surface, most people shrugged off the announcements as neither appear monumental. Why are these two...
President Donald Trump said he expected Jerome Powell to be a cheap-money Fed chairman and lamented to wealthy Republican donors at a Hamptons fundraiser on Friday that his nominee instead had raised interest rates, according to people present. This is his most...
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 mid-to-late 1980s. The average annual...
In just about every destination or gateway town, not only are short-term rentals squeezing the last drops out of the affordable housing supply, but more profoundly, they are threatening the very character that drew in locals—and tourists. For example, in...
I recently received a Broker Price Opinion that took the cake. A class C office was compared to a class A retail location in another city. The BPO felt the value of the property was worth over a million … this was off by over 50%. Is your BPO BS? Four tips to spot...
The Commerce Department reported GDP surged to 4.1% this past quarter from 2% the prior quarter (full article). Is this the beginning of an era of increased economic prosperity or a house of cards ready to crumble? Should you buy real estate now due to expected...
Is the bond market or federal reserve correct on the future of interest rates? Beyond 2019 there is huge disagreement. The Federal reserve has relayed that future tightening will continue, but the markets aren’t buying it. The bond market is predicting that a rate...
Residential housing starts fell 12.3%, multifamily fell 19.8%, and permits (a proxy for future builds) fell 2.2%. Furthermore a recent builder survey found that sales were “sluggish” in June (Marketwatch). What does all this mean for real estate values? Is the...
Banks are an interesting bunch. In the old days you knew your banker and you could walk in and get a loan. Those days are over. Now loans are underwritten in an offsite location by a robot with little local input. Either the loan fits in the pretty box or it...
The markets tanked losing almost 2% with some companies down almost 10% due to the selloff. What caused the selloff? What does this mean for real estate? What should you do? Is it time to panic? What is the silver lining? What happened? The markets has in the...
The economy is in for a bit of a ride! The federal reserve in their last meeting changed their tone signaling two more rate increases this year as opposed to one bringing the total rate increase to four. Why is this change in tone important? What does this have to...
The Federal reserve in their recent Report on Economic Well being made two very concerning discoveries: 1) 40% of all adults if faced with an unexpected expense of $400 would not be able to cover it 2) 25% of all adults are not able to pay all of their current...
In real estate should you be following your children? The chart above shows the net gain in births by state and provides a profound picture of the future of real estate. What is the importance of the chart and why is it so important for long term real...
I know this sounds pretty crazy that a mushroom should be your guide to real estate investing. First, put the magic mushroom down! I’m not talking about actually consuming a mushroom. Do you know the mushroom theory? I think most people would agree, the...
No I’m not crazy and I don’t subscribe to conspiracy theories. But, as we speak the value of your commercial real estate is being “changed” by the federal government. This is not a joke; the federal government is making your real estate value decrease. How is this...
Last year it was announced that Libor will be phased out by 2021. Why is this such big news? According to a fed survey almost 45% of mortgages are linked to Libor and the vast majority of jumbo loans are Libor based. In total there is about 862 billion...
