August 20, 2019
” U.S. mortgage debt reached a record in the second quarter, exceeding its 2008 peak as the financial crisis unfolded…” https://www.wsj.com/articles/u-s-mortgage-debt-hits-record-eclipsing-2008-peak-11565708431 Debt in general is bad (unless it’s leveraged correctly) but the main problem of the 2008 housing crash was… Continue Reading…
August 8, 2019
“In the first quarter, Tiger 21, a coalition of 750 members worth in excess of $75 billion, raised cash to levels not seen since 2013. Not much changed in the second quarter in terms of keeping powder dry. The group’s… Continue Reading…
May 27, 2019
“1. Playing with the quote… … “Say you are told that a property will sell between $500,000 and $550,000. You may think that you can pay the low estimate. But in reality you are already setting yourself up to pay… Continue Reading…
April 11, 2019
“Shares of CBL & Associates Properties (NYSE:CBL), a real estate investment trust (REIT) focused on shopping malls, plummeted 27.6% last month, according to data from S&P Global Market Intelligence. (When we include dividends, shares dropped 24.1% in March.) The stock… Continue Reading…
March 22, 2019
“The United States is the third largest landmass of any country in the world. Indeed, Americans have options when deciding where to live. .. According to recent Census data, nearly a fifth of all states reported a population decline in… Continue Reading…
March 20, 2019
” The college admissions scandal may have driven the conversation about higher education this week, but away from the headlines the far bigger story is student loan debt and what it is doing to a generation of Americans… Consider a… Continue Reading…
March 20, 2019
“Hotel construction is booming in Miami thanks partly to the growing appeal of the city’s downtown district and the flocking of well-heeled tourists to South Beach.” https://www.wsj.com/articles/new-hotels-mushroom-in-miami-11552993200 This looks like a hot spot for real estate. On a side note… Continue Reading…
March 14, 2019
“The average size of mortgages U.S. consumers were looking to obtain to buy a home or to refinance one hit a record high of $354,500 last week, suggesting resilience in the higher end of the housing market, the Mortgage Bankers… Continue Reading…
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