Blog

Einstein defined insanity as “doing the same thing over and over and expecting different results.” Like weeds in a field- a Very, very expensive field How similar is this building boom to that of 2004-2008? Are we doomed to repeat the mistakes, and insanity, of that time? There are many, many little things that remindRead more

Market data has not changed much in the last couple of months. New development selling out in record time and an utter lack of property, especially at the low end of the market. Thoughts about what is causing the continued lack of inventory, along with what levers might move the market to a healthier equilibrium.Read more

Mortgage rates actually dipped a little more over the last few weeks, leaving mortgage brokers with a large number of applications for refinances and new purchases. With inventory low and buyers perhaps waiting for the new crop of apartments in the new year, refinances will be more than enough to keep underwriters busy. With newRead more