by Glen | Jan 16, 2020 | Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation
If you missed the article in the Wall Street Journal, you need to read it. The reporter demonstrated how he went dumpster diving and resold the items on Amazon. This is not a new concept and appears to be happening quite frequently to unsuspecting buyers. ...
by Glen | Jan 11, 2020 | interest rates, Private Lending, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation
Yes, it is hard to believe but you, along with me and millions of others, are actually making mortgage rates go down and therefore real estate relatively less expensive. How is this possible? How are your thoughts influencing long term rates and in turn real...
by Glen | Jan 7, 2020 | Real Estate Trends, Real estate Valuation, Realtor, Residential hard money, residential lending valuation, Underwriting/Valuation
Realtors are typically an optimistic bunch so I was surprised at the recent forecast out of the National Association of Realtors (NAR) predicting a 2% decline in closings next year. Mortgage rates are at historic lows and should remain low through 2020 and wage...
by Glen | Dec 17, 2019 | Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation
Happy Holidays to you and your family. With 2019 coming to an end quickly it is time for my 2020 real estate market predictions. 2020 is shaping up to be considerably more exciting than 2019 economically speaking! The main economic drivers in 2020 will be consumer...
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%...
