Addicted To Debt?

Came across this article recently: Americans Feast on Debt Of particular concern: Debt is reaching new highs: “total household debt achieved a new peak in the first quarter of 2017, rising by $149 billion to $12.73 trillion-$50 billion above the previous peak reached in the third quarter of 2008” Now, I’ve also read some pieces about Read More …

Opportunities and All That

I’ve had two conversations today that have me thinking about the area’s economic opportunities. Seeing the potential from storage rental facilities, with RV spaces in particular. I know a builder who had nearly 100% occupancy shortly after pre-sales started. Complete hearsay, but I still trust it. Well, enough to be willing to do further research. Read More …

Is Nationstar about to completely rebrand itself?

As an agent who’s part of the Xome network and has worked with Nationstar with several REO listings, I read “Is Nationstar about to completely rebrand itself?” with interest. Will Xome be able to offer this unique service environment in such a way as to catch fire? I wonder. It’s a novel idea, this end-to-end, full Read More …

Oh, the stock market and emotion

Was just reading a lending market update which included a note about the puzzling behavior of the stock market last week. Faced with a number of positive economic indicators, the market sold off pretty heavily. Well, with my time at Fortune 500s, I’ve seen this before. I learned a long-time ago that Wall Street, the Read More …

Some Thoughts On Jefferson County Real Estate

Just got this blurb from some agents out there in Jefferson County: “Jefferson County current Real Estate sales have increased 28% since 2014 with prices staying stable.” Having the real estate market stabilize in lovely Jefferson County is particularly pleasing to me. The economy out there has been slower to recover. Now, the economy out Read More …

Considering Sustainability

Sustainability has been a significant part of my journey for years. Perhaps the most obvious element was my time at Starbucks working in environmental affairs, but that’s really only a piece. Also, my time with the Episcopal Church, where I interacted closely with the Earth Ministry greatly expanding my learning. Just two of the more Read More …

Underwater Homes and Such

Over the past few years I’ve heard so very much about “underwater homes”. When one owes more than the home is worth, the choices seen a bit stark. Short-Sales, foreclosures, bankruptcies, and other dire options were what got press, and agents talking. There was one option, though, that didn’t get mentioned: nothing. Keep pushing your Read More …

This Week In Economic News

This week has some key indicator announcements which should tweak the markets. They may be national numbers, but they do impact at the local level.   Economic Calendar for the Week of Dec 8 – Dec 12  Date Time (ET) Release For Consensus Prior Impact W Dec 10 10:30 Crude Inventories 12/6 NA –3.689M Moderate Read More …