GDP Soars to highest level in 16 years, real estate sales falling, why?

GDP Soars to highest level in 16 years, real estate sales falling, why?

GDP numbers came in great far exceeding expectations at 3.2%.  President Trump tweets “we knocked it out of the park”.  At the same time inflation remains low/nonexistent which has enabled mortgage rates to fall over 1%.  Even with all this good news, home sales...
FHA tightens the reigns, Banks pull back should you be worried?

FHA tightens the reigns, Banks pull back should you be worried?

The Federal housing administration over the last several years has been quietly easing the lending standards to increase home ownership.  Montgomery, the director of the FHA, did an abrupt change this month tightening standards “to maintain a better balance of...
Market correction? Apple down 20%, Treasuries rise, Real Estate invited to the party?

Market correction? Apple down 20%, Treasuries rise, Real Estate invited to the party?

I hope everyone had a great Thanksgiving.  Unfortunately, the market plunge hasn’t helped get many folks into the Holiday Spirit!  What is driving the recent market correction?  Is this a bump or a real problem?  Is this all driven by the fed? Is real estate the next...