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...
NY Bans real estate fees: residents leave, will your state/city be a winner?

NY Bans real estate fees: residents leave, will your state/city be a winner?

NY city is changing the real estate game implementing a ban on the NYC rental broker fee and making a host of other changes.  At the same time New York leads all U.S. metro areas as the largest net loser with 277 people moving every day.  What are the new laws?  How...
GDP decline 30%, 22 million jobs lost, is this the real story?

GDP decline 30%, 22 million jobs lost, is this the real story?

I always love spring in the Rocky Mountains, to see the pull of the seasons with snow and flowers starting to bloom.  Eventually spring always wins 🙂  If you read the news, it sounds like the world is crumbling with 22 million jobs lost and a predicted 30% GDP...
The new real estate drug, coming off this high will be tough

The new real estate drug, coming off this high will be tough

  Like many of you I had a “rocky” ride in the last real estate recession and successfully learned many “million-dollar” lessons that were very painful.  One of the key takeaways from the last recession is that risks lurk in plain sight.  Hindsight 20-20 it was...
Labor market strong. Markets drop 20 % in a week.

Labor market strong. Markets drop 20 % in a week.

  With the labor market looking up, we decided to “hire” a new employee, Luna.  She will be working out of our Colorado office and focusing on property inspections (and anything that has to do with snow).  Please welcome her to the team 🙂 The Labor...
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...