Real Estate

Many people have speculated that a recession and rising unemployment could cause more foreclosures which could then cause a housing crash. If there is a recession and more unemployment that cause foreclosures it is important to know how long foreclosures take in order to get an accurate idea of when those foreclosures may hit the … Read more

I saw the news about the new FHFA lending fee structure for Freddie Mac and Fannie Mae and thought, as usual, things were being blown out of proportion. Then I saw the table for the new fees and I could not believe how they have made it more expensive for high-down-payment borrowers than low-down-payment borrowers. … Read more

Assets and liabilities have had their place in the financial world for centuries. Over the last couple of decades, there has been some disagreement over what an asset is based on the book by Robert Kiyosaki: Rich Dad Poor Dad. In that book, Kiyosaki defines an asset as: “Something that puts money in your pocket”. … Read more

For many years inflation was steady and not a big concern in the US. However, that has changed in the last year and high inflation is now a worry for many people. High inflation raises the costs of most goods and can make it tougher for many to make ends meet. High inflation can also … Read more

There is growing sentiment that landlords have been causing the recent rise in housing prices and that landlords have caused rents to increase as well. We hear in the news constantly that landlords are buying a record amount of properties. We also hear that hedge funds and institutions are buying all the homes making it … Read more

Buying a house is a dream for many people and has been accomplished by most households in the United States. As of the middle of 2022, 65.8% of households own a home in the US. Achieving the dream of owning a home is fantastic, but maintaining a house also takes some work. It can also … Read more

Many people try to time real estate markets or predict when the ups and downs will be. While it seems easy to time a real estate market after seeing what happened in the past it is much more difficult trying to predict the future. The world’s smartest economists have trouble predicting real estate markets. There … Read more

A lot of people have been saying a record number of houses is being built in the United States right now and those houses will hit the market soon causing inventory to spike. The truth is there are a record number of “properties under construction” right now but there is much more to the story … Read more

As an investor, I have purchased many short sales for long-term rentals and fix and flips. As a Realtor, I have helped sellers sell short sales and buyers purchase short sales as well. Short sales are very unique and much different from fair market sales and even REO sales (foreclosures). Owner-occupied buyers and investors can get … Read more

There have been a lot of articles and headlines coming out recently saying that inventory is up, the real estate market is cooling down, and a crash may be coming as well. There are many articles that are saying sales are down as well and insinuating that prices are down too, even though they are … Read more