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...
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...
How to Invest in ski real estate: Are you a Costco or Walmart investor?

How to Invest in ski real estate: Are you a Costco or Walmart investor?

    It is ski time in the Rocky Mountains with over 250 inches in many of the resort communities.  Do you know where the picture was taken (hint it is a “Costco” resort, email me if you know)?  Although there is plenty of snow and cold weather,...
66% probability of recession in 18 months or less, impact on real estate

66% probability of recession in 18 months or less, impact on real estate

Looks like we should have smooth sailing in 2020, but the National Association of Business economists (NABE), the premier professional association for business economists counting Alan Greenspan as their past president, just released their business outlook predictions...