by Glen | Jun 3, 2020 | Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Realtor, Residential hard money
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...
by Glen | Feb 19, 2020 | CO hard money, Colorado Hard Money, Colorado ski lending, Colorado ski real estate, hard money, Hard Money Commercial Lending, Housing Price Trends / Information, Private Lending, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Realtor, Residential hard money, residential lending valuation
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,...
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 | Nov 26, 2019 | Real Estate Trends, Real estate Valuation, Realtor, Residential hard money, residential lending valuation
The National Association of realtors last week voted to ban the use of “whisper listings”/ “Pocket listings”. The new rule will require listing brokers who are participants in a multiple listing service (MLS) to submit their listing to the MLS within one business day...
by Glen | Nov 4, 2019 | Commercial Lending valuation, Housing Price Trends / Information, interest rates, Property Valuation, real estate investing, Real Estate Trends, Real estate Valuation, Realtor, residential lending valuation
The Federal reserve dropped the federal funds rate again which wasn’t a big surprise as the market was pricing in a 96% probability of a rate cut. This is the third cut this year effectively creating a “floor” under real estate. How did the federal reserve create a...
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...
