Is inflation “transitory”, the answer to this question will predict real estate’s future

Is inflation “transitory”, the answer to this question will predict real estate’s future

The federal reserve on multiple occasions has called the recent spike in inflation “transitory” yet inflation just rose to its highest level since 1982.  Will inflation increase over the short term and then fall to a much lower level in the future?  Why is the answer...
1031 exchange eliminated; what will happen to real estate values and rental rates?

1031 exchange eliminated; what will happen to real estate values and rental rates?

Your taxes will increase $775 Billion dollars according to an analysis by Bloomberg. President Biden has rolled out his proposed tax plan with three major pillars that will impact real estate pros.    1) Elimination of the 1031 exchange provision (or such a low cap...
Loan costs for second homes, rentals to spike under new Fannie/Freddie rule

Loan costs for second homes, rentals to spike under new Fannie/Freddie rule

Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department.  Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly announced...
Mortgage Firms Warned to Prepare for a ‘Tidal Wave’ of Distress

Mortgage Firms Warned to Prepare for a ‘Tidal Wave’ of Distress

There is a tidal wave of distressed homeowners who will need help,” Dave Uejio, the CFPB’s acting director, said in a statement; companies “that are unable to adequately manage loss mitigation can expect the bureau to take enforcement or supervisory action.”  At the...
Unintended consequence of Forbearance/Eviction moratoriums Wall street the new landlord

Unintended consequence of Forbearance/Eviction moratoriums Wall street the new landlord

We are now well over a year into the pandemic and forbearance/eviction moratoriums abound with property owners and lenders essentially “stuck” with limited or no cash flow.  Unfortunately, many in Washington and local governments do not fully understand how real...
Impact of 1.9 trillion stimulus on real estate: Larry Summers is worried should you be?

Impact of 1.9 trillion stimulus on real estate: Larry Summers is worried should you be?

I took this pic of a bear in my backyard staring at me while I was sitting on the porch, it was a good reminder….  1.9 trillion is a huge number flowing through to the economy in one fell swoop.  What do both Republican and Democratic economists agree on...