64% living paycheck to paycheck; what is the real estate impact?

64% living paycheck to paycheck; what is the real estate impact?

  The share of Americans who say they live paycheck-to-paycheck climbed last year, and most of the new arrivals in that category were among the country’s higher earners (greater than 100k), a new study shows.  Furthermore 24% had issues paying their bills in...
Higher credit score borrowers pay more under new government rule

Higher credit score borrowers pay more under new government rule

No this is not a joke, I had to read the recent Fannie Mae press release multiple times to actually believe what I was reading.  Who would have ever thought that someone with a high credit score above 740 would be penalized for having a high score.  Under a new rule...
US bank lending slumps by most on record; The fed now predicts a big change

US bank lending slumps by most on record; The fed now predicts a big change

US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the wake of several high-profile bank collapses.  Why the sharp pullback in lending?  What does this mean for commercial and residential...
What does Biden’s tax plan mean for real estate?

What does Biden’s tax plan mean for real estate?

Presidential nominee Biden has rolled out his proposed tax plan with two major pillars that will impact real estate:  1) Elimination of the 1031 exchange provision 2) elimination of long term capital gains. These two changes, if passed, will have huge implications for...
Banks collapse: 67% impacted, will this lead to a recession?  What about real estate values?

Banks collapse: 67% impacted, will this lead to a recession?  What about real estate values?

As the banking crisis unfolds, the media continues to focus on depositors and shareholders.  Although both are important, there is an even bigger issue that is not being discussed.  According to the FDIC, community banks made 67% of all commercial real estate loans in...