Economic binge continues but consumer sentiment falls, impact on real estate

Economic binge continues but consumer sentiment falls, impact on real estate

U.S. consumer sentiment fell sharply and unexpectedly in early July to the lowest level in five months. Consumers’ complaints about rising prices on homes, vehicles, and household durables reached an all time record.  Just 30% of all consumers cited favorable home...
Did housing market pull a V and defy all odds?

Did housing market pull a V and defy all odds?

Happy summer to everyone, hopefully you are taking some time to get outside with your friends and family to de stress .  Last week, I wrote about the general economy not following a V shaped economic pattern, which I still believe, but housing seems to be marching to...
Markets tumble: 3 lender tips to determine the most “recession proof” properties

Markets tumble: 3 lender tips to determine the most “recession proof” properties

  With recession talks all over the headlines and stock markets tumbling around the globe are you ready whenever the next real estate cycle occurs? Do you know the mushroom theory and how it can help you plan for the next cycle?  I developed this theory after...
Strong Jobs Report Blows Away Predictions; Real Estate Paints a Different Picture; Why?

Strong Jobs Report Blows Away Predictions; Real Estate Paints a Different Picture; Why?

I took the pic after the 4th outside of Breckenridge, CO (has nothing to do with the article, but thought you would enjoy). Last week the US June jobs report was released that toppled all expectations. After a week May report the job numbers in June did not disappoint...
Markets plunge 7%, has the fed gone “loco”; real estate impact?

Markets plunge 7%, has the fed gone “loco”; real estate impact?

This past week has been a rough ride with the S&P losing over 7%.  Is this a minor correction or something more?  President Trump says blame the “loco” fed not the China trade war.  Is he correct?  What are the drivers of the recent decline and what does this mean...