Forbearance drives house prices up; no impact on “credit score”, but can’t get credit?

Forbearance drives house prices up; no impact on “credit score”, but can’t get credit?

From March 1 through the end of May, Americans deferred debt payments on more than 100 million accounts, according to credit-reporting firm TransUnion, a sign of widespread financial distress.  Millions are out of work, yet house prices are increasing in most...
Nike sales plunge 40%, Microsoft closing all their stores, What about real estate? Who will win?

Nike sales plunge 40%, Microsoft closing all their stores, What about real estate? Who will win?

Nike is a bellwether for the retail industry and general economy generating over 40 billion in annual revenue making it one of the largest athletic retailers in the world.  Since 2006 revenue has consistently increased every year.  In June, Nike announced that sales...
Coronavirus raises your property taxes, are you ready for a 3.8 billion dollar property tax bill?

Coronavirus raises your property taxes, are you ready for a 3.8 billion dollar property tax bill?

First, I wanted to give a hats off to this guy for taking social distancing to the next level.  He hiked out about a mile on thin ice to ensure he was doing his part 🙂  Coronavirus has caused the Federal Reserve to drastically cut rates to almost zero due to the...
Markets tank from coronavirus scare

Markets tank from coronavirus scare

The picture above is a bit more relaxing to look at as opposed to the media barrage of the coronavirus and stock market (do you know where I took the pic, hint in CO, email me if you know). The Coronavirus has caused stock markets around the world to quickly sell off...
60% chance mortgage rates plunge: The fed disagrees!

60% chance mortgage rates plunge: The fed disagrees!

We are at an interesting crossroads in the economy.  The Federal Reserve and economic data show that the economy is very strong with consumer spending and confidence at all-time highs. At the same time the bond market is portraying a different picture after a new...