by Glen | Dec 10, 2019 | interest rates, News, private lender, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation
The jobs report last week was a welcome surprise beating expectations with 266k jobs created, almost 50% more than expectations. This is the lowest jobless rate since 1969 underpinning a strong consumer that continues to spend and drive the bull market. What does...
by Glen | Dec 3, 2019 | Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation
The two largest purchases by consumers are houses and cars. Cars are starting to look like the prior housing debacle. Some 33% of people who traded in cars to buy new ones in the first nine months of 2019 had negative equity, compared with 28% five years ago and 19%...
by Glen | Nov 12, 2019 | Atlanta Hard Money, Colorado Hard Money, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends
Although, the recent November election was an off year with few major items on the ballot, there was one big takeaway from last election that could be precedent setting for cities throughout the country. It is amazing that Airbnb spent over 4.2m on one small...
by Glen | Nov 5, 2019 | Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation, Underwriting/Valuation
According to ATTOM data, gross profit on home flipping has fallen six quarters in a row and eight of the last 10, and now stands at the lowest level since Q4 2011. At the same time the number of flips across the country has increased to 7.3% of all sales and number...
by Glen | Oct 18, 2019 | Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, residential lending valuation
In September, Toyota’s year over year auto sales plummeted 16.5%, Honda down 14%, and Nissan down almost 18%. The severity of the slide stokes fears that a long-anticipated car sales collapse may be arriving. Why should you care about Autos in real estate?...
by Glen | Sep 17, 2019 | Real Estate economic trends, Real Estate Trends, Realtor
California recently passed a bill (AB5) to target “gig workers” like Lyft and Uber drivers to ensure they are classified as full time employees as opposed to contract workers but there will be other side effects. This law will drastically alter the real estate...
