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…
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 placing the odds…
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…
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…
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 placing the odds of a recession in the next two years at 72%. …
Recently the news has been overwhelming on the China trade war. Last week there was a trade meeting surrounded by fanfare, then there were the tweets from the president announcing more tariffs. The US markets plunged losing 2% in one…
I’ve mentioned many times that house flipping is getting a little “long in the tooth”. This week I was featured in BusinessWeek/Bloomberg on this topic ( great article here is the link in case you missed it). Nationwide flipping…
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…
Would you take the bet? I wouldn’t suggest it as we’ve seen this party before. As I’ve mentioned before the number one determinant of a default is leverage. This is obvious, yet our wonderful federal government doesn’t seem to grasp…