Basically, Lying Statistics Strikes Again!
We all know that the markets react far too violently to the BLS jobs report and never look at the revisions. I have shared my opinions about the lack of value in these numbers because they are constantly being revised, and likely those revisions tell a story that doesn’t flatter the political ruling...
Beware of the contracts!
This weekend will mark the biggest change in the history of real estate and yet, many are either unaware or unprepared. The NAR settlement is here, and this weekend the contracts entered into will be the first to fall under the new agreement. My issue remains the lack information and structure aroun...
Completing the second 90-day cycle strong!
The second 90-day cycle is a little less defined because the actual beginning and end of this cycle revolves around the end of one school year and the beginning of the next. For some, the new school year has already begun, but for others, it may still be a few weeks away. If you have planned out you...
Back to School!
The pilgrimage back to school begins next week and knowing how and what to do can often result in significant opportunities. Depending on your market specifics is vital and having a plan to use that information is essential. Many parents want to get their move completed prior to school beginning. Ot...
Generational Financial Illiteracy!
Financial illiteracy is real; always has been to some degree. Some people are better understanding than others, but in today’s “instant gratification” world, we are facing an entire generation of people who have little to no understanding about the cost and consequences of bad financial choices and ...
Counting Down to change!
Here we are less than 30 days away from historic change in the real estate industry and it seems like the only people who are ready are those in the mortgage industry. While FNMA, FHLMC, HUD, and the VA have all weighed in on how to address the changes in real estate commissions and how they are to ...
Numbers, nonsense, and knowledge!
We finally start to see that the numbers we get from the BLS report (Bureau of Labor Statistics) might be better called “Basic Lying Statistics”, as once again they have had to go back in time and adjust numbers DOWN by HUNDREDS OF THOUSANDS of JOBS…AGAIN! This nonsense must stop because it has beco...
Happy Independence Day
4th of July is celebrated in recognition of the signing of the Declaration of Independence and the formation of these United States of America from the British Empire. There were many things that led to this occurring and, if dealt with differently, might have led to a completely different result. A...
Prepare for the wave
Preparation and planning are important ingredients in a successful mortgage practice. Far too many in our industry live their entire careers in reactive mode, and the stress and pain of always being behind the curve causes far more failure than it should. Right now, we are seeing the results across ...
Are homes really overpriced?
There has been a great deal of discussion about homes prices and affordability. There are all kinds of ways to measure things like affordability or if a home represents true value or not. The reality is, since value is a subjective term, and that each of us bears the cost of shelter, we can use a va...
