by Glen | Jan 28, 2020 | Uncategorized
The ink was barely dry on Wall Street’s 2020 outlooks when the first case surfaced in China. A quick tally shows the coronavirus has wiped $1.5 trillion off the value of world stock markets since Jan. 20, when a slide in Hong Kong shares kicked off concerns among...
by Glen | Jan 21, 2020 | Hard Money Commercial Lending, Hard Money Lending, Housing Price Trends / Information, interest rates
As the economy shrugs off recession fears with unemployment hovering near record lows and the stock market continuing to heat up there is one major byproduct that could be impacted, mortgage rates. There was a ton of bad news priced into the market last year that...
by Glen | Jan 16, 2020 | Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation
If you missed the article in the Wall Street Journal, you need to read it. The reporter demonstrated how he went dumpster diving and resold the items on Amazon. This is not a new concept and appears to be happening quite frequently to unsuspecting buyers. ...
by Glen | Jan 11, 2020 | interest rates, Private Lending, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation
Yes, it is hard to believe but you, along with me and millions of others, are actually making mortgage rates go down and therefore real estate relatively less expensive. How is this possible? How are your thoughts influencing long term rates and in turn real...
by Glen | Jan 7, 2020 | Real Estate Trends, Real estate Valuation, Realtor, Residential hard money, residential lending valuation, Underwriting/Valuation
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 through 2020 and wage...
