2023-03-27 18:35
As a private lender, my call volume and closings the first quarter have been off the charts as borrowers fall out of more conventional products. This trend is now playing out wi… Read More
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The Blog for Fairview Commercial Lending. Learn how to make your loan experience better with these Hard Money Loans Tips and tricks.
2023-03-21 18:45
We are looking for a full-time associate in our fast-paced commercial lending office in Sandy Springs, Georgia; this is not a remote position. This position will focus on loan servici… Read More
2023-03-20 12:56
Wow, a few weeks ago rates had fallen from a peak of over 7% to almost 6%. Unfortunately the party was short lived as rates are now heading much higher. The recent jobs report was ano… Read More
2023-03-15 17:12
We are looking for a full-time associate in our fast-paced commercial lending office in Sandy Springs, Georgia; this is not a remote position. This position will focus on loan… Read More
2023-03-13 12:50
Over 48 hours two banks failed for very different reasons. There is a saying in banking that when rates rise and easy money runs out, we will find the skeletons that have been lurkin… Read More
2023-03-06 19:45
In only a couple of months, the world has changed substantially. In December, inflation was supposedly decreasing rapidly and the odds of a soft landing were non existent. Fast… Read More
2023-02-27 18:42
Beginning in March of 2023, Freddie Mac, the largest buyer of mortgages is drastically changing the seasoning requirements for any loans it purchases which basically means any new conventio… Read More
2023-02-20 18:27
Purchasing power from paychecks fell 2.9% for middle-income households in 2022 compared with 2021, while rising 1.5% for the bottom fifth of households and 1.1% for the top, according to th… Read More
2023-02-13 20:29
The market currently has a fixation on interest rates. Essentially whatever interest rates do the market reacts accordingly. For example if rates rise, sales fall and vic… Read More
2023-02-06 20:10
I rarely say that Covid caused radical changes in behavior but the commercial property sector is bucking this trend. This is not because of return to office or lack thereof, but lever… Read More
2023-01-30 17:38
It is no secret that rent has skyrocketed throughout the country. Nationally rental growth peaked at 17.45% year over year in March of 2022. Some markets like NY and FL have exc… Read More
2023-01-23 21:18
I’m usually skeptical that lawsuits will totally alter an industry but the recent suit against the National Association of realtors, various multiple listing services, and many… Read More
2023-01-16 18:27
Data from AirDNA, a short-term rental analytics firm, show as of October 2022, the number of future nights booked—a real-time indicator of the health of the short-term rental industry… Read More
2023-01-09 17:44
It has been a wild ride in the treasury market. Rates spiked to 7.5%, but recently have plummeted back to below 6%? Now they are rising again. What does this mean for real estat… Read More
2023-01-02 20:25
US commercial real estate prices have plunged 13% from a peak this year, the biggest drop since the global financial crisis of 2008. What is causing the decline in commercial property… Read More
2022-12-26 20:01
I hope everyone is having a happy holiday season. Before getting into my predictions for next year, there are three crucial factors to discuss that will shape the real estate market i… Read More
2022-12-19 19:56
There is definitely allot of doom and gloom heading into 23 with interest rates double their lows, inventory increasing, and prices coming off their highs. In every cycle there will be winn… Read More
2022-12-12 17:40
In 2023, NAR Chief Economist Lawrence Yun expects home sales to decline by 7%, while the national median home price will increase by 1% in his recent 2023 market update. On the flip s… Read More
2022-12-05 17:21
Since Covid it seems like traditional patterns have been broken. I hear time and time again that X or Y is different and there have been fundamental changes. Is this true, is everythi… Read More
2022-11-28 19:09
We are in a new paradigm for real estate. With talks of a recession getting louder, what does this mean for real estate. In 2008/9 real estate was radically different than today… Read More
2022-11-21 18:47
The federal reserve bank of NY recently published a report showing consumer debt jumping to the highest levels ever recorded with every category growing from mortgages, autos, credit cards… Read More
2022-11-14 20:29
The prevailing theory is that this real estate cycle will be considerably better than others as so many people locked in rock bottom rates which will serve as “golden handcuffs”… Read More
2022-11-07 21:42
The federal government is about to back mortgages over one million for the first time. The maximum size of home-mortgage loans eligible for backing by Fannie Mae and Freddie Mac is expected… Read More
2022-10-31 19:29
There is pretty much a universal theme that there will be a recession in the future. It is like saying that it might rain sometime in the next month. It doesn’t help you m… Read More
2022-10-24 19:41
“Our model really works in upmarkets, it’s going to work in flat markets, it’s going to work in downmarkets,” chief financial officer Carrie Wheeler told analysts ju… Read More
2022-10-17 19:35
A few weeks ago, the big news was 6% rates and now everyone suddenly woke up with stocks crashing and yields soaring to new highs and rates jumping again. What does this mean in the s… Read More
2022-10-10 18:57
It will get much worse for the housing market and the mortgage industry. That’s the takeaway from a group of economists at Fannie Mae who slashed their forecast for 2022 home sales th… Read More
2022-10-03 19:16
Home values slipped for the second consecutive month as mortgage costs continue to sideline buyers. From June through August, prices usually decline about 2%, but this year the… Read More
2022-09-26 19:39
First, the pic above was the leading picture for a listing I looked at. I guess they were stressing the work from home conveniences in the office😊 Unfortunately this could lea… Read More
2022-09-13 18:49
Once again, the recent CPI report came in much higher than expected. Why did the market drastically miss this prediction? I’m not even an economist and figured out months… Read More
2022-09-12 15:23
Wow, what a difference a few months makes. Earlier in the summer, basically any property with 4 walls had multiple offers and prices were on a tear. Fast Forward a few months an… Read More
2022-09-05 20:19
The National Association of Realtors predicts sales to rise again throughout 2023. At the same time, demand for mortgage refinances are down 83% from a year ago. Applications for a lo… Read More
2022-08-25 19:27
As of the writing of this article, President’s Biden’s plan is to forgive 10k in student loan per each borrower and further extend the payment pause until year end. How wi… Read More
2022-08-22 17:49
When I looked over my shoulder and saw these two fellows staring at me, it made me wonder if they were trying to tell me something. I definitely got the hint! I don’t thin… Read More
2022-08-15 17:01
The federal reserve did an analysis of what has led to the surge in housing prices and has a conclusive answer; the driver of high prices is not that we don’t have enough houses as th… Read More
2022-08-08 18:54
If you haven’t gotten a haircut in a while, you are in for a surprise. Haircut prices like many other services in the economy are experiencing large increases. What does t… Read More
2022-08-01 16:35
What a week it has been in the economy. The federal reserve is still struggling to contain inflation and as a result increased the fed funds rate .75%. After the announcement st… Read More
2022-07-25 15:18
There has been an unexpectedly sharp downturn in demand to truck everything from food to furniture since the beginning of March and rates in the overheated segment that deals in on-demand t… Read More
2022-07-18 15:37
The federal government in their quest to shore up the mortgage market in 2008 has created some new risks to the housing market. Non bank lenders now make up 74% of the origination vol… Read More
2022-07-11 17:18
“A reckoning is due. Home prices and rents can’t separate as significantly as they have from their long-term fundamental trends without major issues arising in the marketplace… Read More
2022-07-04 16:14
Commercial real estate is showing the first signs of cooling in more than a year, disrupted by rising interest rates that are already causing some deals to collapse. What is causing t… Read More
2022-06-27 20:22
Most economists are convinced that there will be a recession soon, although nobody knows whether it is 3,6 or 12 months away. The good news is that this recession should not be a repe… Read More
2022-06-15 19:10
All I can say is wow. On a dime, the real estate market changed overnight. I was predicting mortgage rates around 6% over the course of the year. The change happened in one day with r… Read More
2022-06-13 17:13
While in other countries real estate is slowing, home price growth in 20 US cities picked up for the fourth straight month with Tampa, Florida, showing the biggest gains. March’… Read More
2022-06-06 14:07
One of the world’s bubbliest housing markets is tilting from sellers to buyers with dizzying speed. Canadian home prices fell for the first time in two years as a rapid… Read More
2022-05-30 19:13
ATTOM’s just released January 2022 U.S. Foreclosure Market Report shows there were a total of 23,204 U.S. properties with foreclosure filings reported in January 2022. That… Read More
2022-05-23 19:38
Where mortgage rates are heading seems to be the biggest question on everyone’s mind in real estate. As of this writing rates were around 5.821% which is substantially higher th… Read More
2022-05-16 17:25
The Federal Reserve just raised interest rates .5% as expected. The market originally rallied and then plummeted 5% the next day. The fed made a colossal error and the stock and… Read More
2022-05-09 19:22
Fannie Mae, the largest buyer of mortgages in the US, just made some bold predictions about not only housing, but an upcoming recession. Their new predictions are a rapid departure fr… Read More
2022-05-02 18:03
As mortgage rates have easily breached 5% (last I checked they were at 5.25%), there is a drastic change in real estate that is just beginning to rear its head. At the same time inven… Read More
2022-04-25 16:24
The average time someone spends in a home has increased from 8.7 years in 2010 to over 13 years in 2020; a whopping 50% increase. How is this impacting house prices? What caused… Read More
2022-04-18 16:18
The federal housing finance agency (FHFA), the largest buyer of mortgages through Fannie Mae and Freddie Mac, announced huge changes to there fee structure. In particular they… Read More
2022-04-11 14:00
Who would have ever thought that used car prices would increase? A 10 year old car has appreciated 94% since the pandemic supply chain woes occurred. Unfortunately, what goes up… Read More
2022-04-04 13:44
The swiftness of the changes in the real estate market are astonishing, yet not unexpected. I predicted last year rates would top 5% and they already have come close. This has l… Read More
2022-03-28 16:26
I just saw an article on CNBC with the headline: America is short 5 million houses and the media is proclaiming a housing crisis throughout the country due to a historic shortage. Iro… Read More
2022-03-21 19:21
According to Zillow, house prices will continue to skyrocket in 2022 with hot markets posting gains of 25% plus. What factors are driving these predictions? How accurate are Zil… Read More
2022-03-14 14:20
Buy now pay later included on credit reports, impact on real estate financing Buy now Pay Later loans are a million-dollar industry and yet until now these loans were invisible to lenders… Read More
2022-03-02 13:47
Redfin plunges 26% in one day and foreshadows 4 trends shaping the 2022 and beyond real estate market. Redfin, the darling of the real estate market the last several years has plunged… Read More
2022-02-25 18:33
Initially when Ukraine was invaded the stock market dropped precipitously over 800 points during the day only to make a huge rebound into positive territory. What does this volatility… Read More
2022-02-10 18:08
Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during January and substantially higher than any estimates according to a closely watched gauge the Labor Department r… Read More
2022-02-09 18:25
Gary Shilling, the author of the Case-Shilling real estate index, accurately predicted the last real estate bust. He has come out with recent predictions that throw a cold towel on ho… Read More
2022-02-02 18:46
Wall Street investors believe inflation will remain a major roadblock for the markets in 2022 and stocks will only see muted returns, according to the new CNBC Delivering Alpha&nb&helli…Read More
2022-01-24 20:09
It has been quite the year for the stock market. As I am writing this blog, the market has already plunged 10% to kick off the year. Morgan Stanley just warned that stocks are m… Read More
2022-01-18 18:36
New York City’s housing market is undergoing a powerful rebound, fueled by New Yorkers trading up, out-of-staters moving in, and others looking beyond the pandemic’s aftershocks… Read More
2022-01-12 17:11
Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday. The stock and bond mark… Read More
2022-01-05 18:47
The National Association of Realtors just released their 2022 housing market report. What are their predictions on mortgage rates, appreciation rates, rental rates, and location of pu… Read More
2021-12-28 20:33
Wow, it has been a wild ride during this pandemic, who thought there would be a national run on toilet paper. Fortunately, those days are over. You can now readily pick up Charmin (or… Read More
2021-12-22 18:02
I hope everyone is having a happy holiday season. Before getting into my predictions for next year, there are three crucial factors to discuss that will shape the real estate market i… Read More
2021-12-16 20:20
Retail sales in November jumped 1.7% exceeding all estimates by almost 20%. Fed announces a “pivot” and rate hikes to come. What does this mean for mortgage rates?&n&helli…Read More
2021-12-09 18:07
Real estate investors spent a record $63.6 billion to purchase homes in the third quarter, up 78% from a year earlier, with an intense housing shortage fueling their returns, according to a… Read More
2021-11-30 20:53
What a week it has been a new Covid variant has emerged while at the same time, the federal reserve announced they are retiring the word “transitory”. The stock market dro… Read More
2021-11-24 19:32
The federal government is about to back mortgages of nearly $1 million for the first time. The maximum size of home-mortgage loans eligible for backing by Fannie Mae and Freddie Mac is expe… Read More
2021-11-11 17:22
Real-estate firm Zillow Group Inc. is exiting from the home-flipping business, saying Tuesday that its algorithmic+ model to buy and sell homes rapidly doesn’t work as planned… Read More
2021-11-02 19:38
In my blogs I have talked about how typically when we have large inflation this will drastically slow the real estate market as interest rates rise. With all the craziness from the Co… Read More
2021-10-26 19:29
Retail giants, fast-food chains, and ride-hailing companies are offering higher wages and cash payments. Referral and signing bonuses, rarely needed before to fill entry-level, low-wage job… Read More
2021-10-23 20:11
Zillow claims that ‘operational capacity constraints’ has caused the hiccup in its home-buying business, but some analysts argue that bigger issues may be afoot. Why is Zi… Read More
2021-10-14 19:01
Happy Fall, it is hard to beat this time of year with snow up top and changing leaves in the valleys (do you know where I took this pic?) Yields for U.S. government debt posted… Read More
2021-10-07 20:02
Would-be home buyers priced out of the sales market are finding little consolation when they turn instead to the single-family rental market. Prices are soaring there as well. What is… Read More
2021-09-29 13:55
First I hope everyone is having a good fall. It is crazy how quickly the year has gone by. It has been quite the ride with last week no exception as the stock market plunged.&nb&helli…Read More
2021-09-21 23:48
Prices for an array of consumer goods rose less than expected in August in a sign that inflation may be starting to cool, the Labor Department reported Tuesday. The consumer price index inc… Read More
2021-09-14 20:34
Investor Peter Boockvar, the chief investment officer at Bleakley Advisory Group, is sounding the alarm on a housing price bubble brought on by the Federal Reserve’s Covid pandem… Read More
2021-09-09 19:15
Last year the Department of Justice and the National Association of Realtors reached a historic pact to clear up any antitrust issues and provide greater transparency to consumers about com… Read More
2021-08-31 19:13
The Tony Blair institute recently did a study in the UK regarding remote work and ultimately the impact on employment numbers. What did the UK study predict regarding employment? How… Read More
2021-08-24 19:30
In recent months, China’s tech industry has suffered a palpable chill. Since February, shares of overseas-listed Chinese tech firms have lost a staggering $1 trillion in value, accord… Read More
2021-08-21 22:38
U.S. consumer sentiment fell in early August to the lowest level in nearly a decade as Americans grew more concerned about the economy’s prospects. It was the lowest reading for… Read More
2021-08-10 20:31
An unexpectedly strong jobs number for July has bolstered the case for investors who believe Treasury yields will head higher over the rest of the year. Goldman, BofA, and Blackrock are pre… Read More
2021-08-06 19:13
In a last-ditch effort, President Biden implemented another eviction moratorium until October 3rd. What does this mean for real estate property owners? Will this ban hold… Read More
2021-07-27 20:50
Consumers’ complaints about rising prices on homes, vehicles, and household durables reached an all time record. Just 30% of all consumers cited favorable home buying conditions… Read More
2021-07-20 19:20
According to a recent Well’s Fargo economic report: the forecast for the level of services spending is expected to swell to more than four and a half years of typical spending packed… Read More
2021-07-13 21:17
The Federal Reserve has bought $982 billion of the mortgage bonds since March 5, 2020. As Federal Reserve officials discuss how to eventually scale back their easy-money policies, the… Read More
2021-07-07 13:01
I have been saying for months that rent growth would accelerate. The numbers are in and according to Corelogic, Single-family rents were up 5.3% year over year in April, rising from a… Read More
2021-06-24 12:39
As I look around the real estate market, you cannot help but notice the craziness. On my personal house in Colorado, my value is up around 50% in two years. These same trends ar… Read More
2021-06-17 18:08
With the craziness in the market, I at least wanted to ease everyone into it with a relaxing picture 🙂 I wrote last week about rate increases coming down the pipe, but like everyone… Read More
2021-06-10 20:11
Consumer prices jump 5% in May (CPI); this is the highest movement since 2008. What does this mean for interest rates? Before getting into the details, I can quickly tell you wi… Read More
2021-06-02 19:45
The federal reserve on multiple occasions has called the recent spike in inflation “transitory” yet inflation just rose to its highest level since 1982. Will inflation inc… Read More
2021-05-27 20:10
A few months ago, Zillow agreed to buy ShowingTime, the largest and most widely used platform by realtors to schedule residential tourings and provide feedback to the listing agents. … Read More
2021-05-14 16:48
It is usually not a good sign when Fed Vice Chairman Richard Clarida said after the consumer price index report “I was surprised”. I am not sure what rock people are livin… Read More
2021-05-11 20:02
Your taxes will increase $775 Billion dollars according to an analysis by Bloomberg. President Biden has rolled out his proposed tax plan with three major pillars that will impact real esta… Read More
2021-05-05 19:07
President Biden has proposed an increase in long term capital gains from their current 15-20% to 43% for the wealthiest. This would be the highest tax paid on income. What is in… Read More
2021-04-28 19:43
Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department. Such loans underwritten by Fannie M… Read More
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