by Glen | Aug 5, 2020 | Real Estate economic trends, Real Estate Trends, Residential hard money, residential lending valuation
When the shutdowns from the pandemic rippled through the economy, I saw statistics that up to a third of all mortgages could end in default. At the same time, home sales of previously owned homes just dropped to a 10 year low. What is going on in the housing...
by Glen | Jul 29, 2020 | Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation
Do you know where the next mortgage defaults will occur in your city? What cities and zip codes are most at risk during this recession? In every recession, there are two predictors of default/loss, collateral and equity. What does the data tell us today?...
by Glen | Jul 21, 2020 | General real estate financing information, property taxes, real estate taxes, Real Estate Trends, Real estate Valuation
Presidential nominee Biden has rolled out his proposed tax plan with two major pillars that will impact real estate pros. 1) Elimination of the 1031 exchange provision 2) elimination of long term capital gains. These two changes, if passed, will have huge...
by Glen | Jul 15, 2020 | Housing Price Trends / Information, interest rates, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation, Underwriting/Valuation
From March 1 through the end of May, Americans deferred debt payments on more than 100 million accounts, according to credit-reporting firm TransUnion, a sign of widespread financial distress. Millions are out of work, yet house prices are increasing in most...
by Glen | Jul 7, 2020 | commercial hard money, Commercial Lending valuation, General real estate financing information, Hard Money Lending, Housing Price Trends / Information, Private Lending, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, residential lending valuation, Underwriting/Valuation
Nike is a bellwether for the retail industry and general economy generating over 40 billion in annual revenue making it one of the largest athletic retailers in the world. Since 2006 revenue has consistently increased every year. In June, Nike announced that sales...
