by Glen | Dec 22, 2020 | interest rates, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Residential hard money
What a year 2020 has been! The pandemic struck, unemployment has hit records, there was a nice rebound in the summer, and recently a downward trend due to the spike in Coronavirus cases. What does 2021 hold for the economy, interest rates, and residential and...
by Glen | Dec 11, 2020 | interest rates, real estate investing, Real Estate Trends, Real estate Valuation
Mortgage rates just blew through another record with the 30-year fixed rate dropping to 2.75%. If you have been watching the mortgage market, your head is likely spinning. How can mortgage rates go this low? Where do we go from here? How will the next president...
by Glen | Nov 11, 2020 | hard money, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, residential lending valuation
Almost 10% of all government sponsored mortgages entered mortgage forbearance which accounts for almost 841 billion dollars in loans. 4 in 5 workers say they live paycheck to paycheck, with around 30 million people unemployed, the numbers could be daunting. Yet the...
by Glen | Nov 9, 2020 | Housing Price Trends / Information, interest rates, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation
Pfizer announced that their Covid vaccine in trials was 90% effective at preventing infection. The stock market took off and traders began reshuffling their pandemic bets with Zoom down 20% and Disney, hotels, and cruise operators up substantially. Will there be a...
by Glen | Nov 4, 2020 | News, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends
The pic above has nothing to do with the election, but this bear was about 10 feet from me when I was doing a zoom call on the back deck. I didn’t notice him until the meeting participants eyes got big as he walked up behind me. Talk about an interesting...
by Glen | Oct 21, 2020 | hard money, Hard Money Commercial Lending, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation
We are seeing interesting economic times; throughout the economy there is huge consolidation within industries as the big get even bigger. Real estate is following a similar trajectory to big technology companies. What is causing the huge changes in real estate? ...
