Inflation roars to highest since 1982, mortgage rates jump above 4%, what does this mean for real estate

Inflation roars to highest since 1982, mortgage rates jump above 4%, what does this mean for real estate

Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during January and substantially higher than any estimates according to a closely watched gauge the Labor Department released Thursday (CPI). The stock and bond markets are continuing to awaken,...
Stocks plunge, what does this mean for real estate prices?  What happened during the dotcom bust?

Stocks plunge, what does this mean for real estate prices?  What happened during the dotcom bust?

It has been quite the year for the stock market.  As I am writing this blog, the market has already plunged 10% to kick off the year.  Morgan Stanley just warned that stocks are more overvalued than the tech bubble.  How will this impact real estate?  What happened...
2022 real estate predictions: Mortgage payments rise 50%.

2022 real estate predictions: Mortgage payments rise 50%.

I hope everyone is having a happy holiday season.  Before getting into my predictions for next year, there are three crucial factors to discuss that will shape the real estate market in 2022 and beyond. Interest rates, inflation, and where the pandemic goes from here....
Seismic shift in the consumer spending: Who wins?

Seismic shift in the consumer spending: Who wins?

According to a recent Well’s Fargo economic report: the forecast for the level of services spending is expected to swell to more than four and a half years of typical spending packed into nine months. What does this transition from goods to services mean for real...
Zillow gets into the dating game: Your Zestimate is now a cash offer

Zillow gets into the dating game: Your Zestimate is now a cash offer

For years Zillow has been buying houses, but they have refused to use the Zestimate as their purchase price.  The cards have now turned with Zillow announcing that the “Zestimate” is now the price they will pay for your house. How will  this change allow Zillow to...
Coronavirus lending 101: What do you need to know to get funding

Coronavirus lending 101: What do you need to know to get funding

The Coronavirus pandemic has thrown the economy off a cliff leaving many equity rich property owners with no cash flow.  The pandemic has caused many residential and commercial tenants to defer or totally miss payments as the economy shuts down.  Property owners are...