Pres Biden implements new eviction ban until October 3, Is this a gift for property owners?

Pres Biden implements new eviction ban until October 3, Is this a gift for property owners?

  In a last-ditch effort, President Biden implemented another eviction moratorium until October 3rd.  What does this mean for real estate property owners?  Will this ban hold up in court?  Could this moratorium be a good thing for property owners?   What is...
Seismic shift in the consumer spending: Who wins?

Seismic shift in the consumer spending: Who wins?

According to a recent Well’s Fargo economic report: the forecast for the level of services spending is expected to swell to more than four and a half years of typical spending packed into nine months. What does this transition from goods to services mean for real...
Will the fed stop buying your mortgage?

Will the fed stop buying your mortgage?

The Federal Reserve has bought $982 billion of the mortgage bonds since March 5, 2020.  As Federal Reserve officials discuss how to eventually scale back their easy-money policies, they are debating whether to start by reducing purchases of mortgage-backed securities...
Pres Biden implements new eviction ban until October 3, Is this a gift for property owners?

Home rents jump highest in 15 years

I have been saying for months that rent growth would accelerate.  The numbers are in and according to Corelogic, Single-family rents were up 5.3% year over year in April, rising from a 2.4% increase in April 2020. Nationally, rent growth exceeded pre-pandemic rates...
Is there a real estate bubble brewing?

Is there a real estate bubble brewing?

As I look around the real estate market, you cannot help but notice the craziness.  On my personal house in Colorado, my value is up around 50% in two years.  These same trends are unfolding throughout the country, with appreciation hitting records.  Is the real...