3 key learnings from a real estate oracle

3 key learnings from a real estate oracle

Although it is impossible to predict the future unless you were a star in the movie back to the future , history does provide a good indicator of what might happen.  With all the recession talk recently it is important to relate the current economic environment back...
Stocks plummet, stock rise, one step you should take today

Stocks plummet, stock rise, one step you should take today

For anyone watching the markets, it has been quite the ride.  I’m feeling a bit seasick from all the motion taking place in the markets! Stocks plummet then come roaring back all within the same day.  What is going on?  As stocks are swooning so are 10-year treasuries...

US housing starts plunge by most since 16

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...
Three tips to close when bank says no!

Three tips to close when bank says no!

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...