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 | Aug 20, 2019 | Real Estate economic trends, Real Estate Trends, Real estate Valuation, Underwriting/Valuation
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...
by Glen | Aug 6, 2019 | General real estate financing information, Private Lending, Real Estate economic trends, Real Estate Trends, Real estate Valuation, Underwriting/Valuation
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 day and bonds gained. What is...
by Glen | May 9, 2019 | Colorado Hard Money, Denver Hard Money, Denver private Lending, Hard Money in the News, Hard Money Lending, Housing Price Trends / Information, In the Press, Underwriting/Valuation
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 has grown exponentially....
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...
by Glen | Nov 26, 2018 | Hard Money Lending, Real Estate Trends, Real estate Valuation, Residential hard money, Small Balance Commercial Lending, Underwriting/Valuation
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 this concept. For a government...
