Unemployment rate and housing at historic highs; How is this possible?  Which will win?

Unemployment rate and housing at historic highs; How is this possible?  Which will win?

The Coronavirus has created a unique financial situation.  Unemployment rates are at record highs, with companies announcing long term downsizing.  At the same time residential real estate is hitting new records and continues to increase in the face of the economic...
2020 was already tough for real estate, then Coronavirus hit, what is the impact?

2020 was already tough for real estate, then Coronavirus hit, what is the impact?

We are still funding in cash.  Before the Pandemic, the United States economy was on track with the longest running bull market, record low inflation wages increasing, record low unemployment, and historically low mortgage rates.  Even with all this good news, there...
Unemployment hits all time highs yet house prices continue to rise; Why?

Unemployment hits all time highs yet house prices continue to rise; Why?

We are in an interesting economic cycle.  In the last recession, house prices plummeted up to 60% in some areas.  We currently hit the highest unemployment rate since the great depression yet house prices continue to appreciate.  This is exactly the opposite of what...
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,...
November Election: Airbnb spends $4m; Nightly rentals in one major city reduced by 90%

November Election: Airbnb spends $4m; Nightly rentals in one major city reduced by 90%

  Although, the recent November election was an off year with few major items on the ballot, there was one big takeaway from last election that could be precedent setting for cities throughout the country.  It is amazing that Airbnb spent over 4.2m on one small...