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 | 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 | 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 | Mar 29, 2019 | Hard Money in the News, Housing Price Trends / Information, Property Valuation, Real Estate Trends, Real estate Valuation, residential lending valuation
The Federal housing administration over the last several years has been quietly easing the lending standards to increase home ownership. Montgomery, the director of the FHA, did an abrupt change this month tightening standards “to maintain a better balance of...
by Glen | Jan 22, 2019 | Colorado Hard Money, commercial private lending, Denver Hard Money, Denver private Lending, Hard Money in the News, Housing Price Trends / Information, News, Residential hard money, residential lending valuation, Small Balance Commercial Lending, Small Balance Commercial property tax information
In the fall of 2006 my wife, a high school teacher, left for school in a small sleepy town SW of Denver. Shortly after school began shots rang out and a hostage situation ensued (See Article). At the end of the day one student and the gunmen was dead. This all...
by Glen | Jan 20, 2019 | Commercial Lending in the news, Hard Money Commercial Lending, Housing Price Trends / Information, News, private lender, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation, Small Balance Commercial Lending, Underwriting/Valuation
Although it is impossible to predict the future unless you were a star in the movie back to the future , history does provide a good indicator of what might happen. With all the recession talk recently it is important to relate the current economic environment back...
