The stock market has experienced 3 plunges of over 30% in this century already. If you or your clients are fed up with the volatility in the stock market then this class is for you. I am more convinced than ever that real estate is where we need to be investing our hard-earned Dollars. Plus,…

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I read a story from Bloomberg News on how and why some home builders are actually SLOWING DOWN the construction of new homes. Why? Builders are struggling with supply shortages, surging lumber costs that have increased by nearly 150% in the past year, and intense competition for labor and land. Gene Myers, CEO of Thrive…

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The U.S. News and World Report released its annual Best Places to Live rankings last week and 4 of the 5 top cities are in Colorado as follows–#1-Boulder, #2-Denver, #4-CO Springs, and #5-Ft. Collins. They analyzed the 150 most populous metro areas and ranked them on multiple factors such as the market, housing affordability, quality…

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Retail sales in September rose 1.9% and sales are up a large 5.4% versus a year ago. Excluding auto sales, sales still rose 1.5% last month and these sales are up 4% year over year. Second, Retail sales from February to April dropped 21.7%; but sales in September were 4.2% higher than they were in…

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Democrat Presidential candidate Biden wants to eliminate 1031 Exchanges for investors who have taxable income above $400k; but if this “taxable” income includes their capital gains and depreciation recapture tax on these exchanges we will see 1031 Exchanges plummet I am afraid. And this will further reduce the supply of homes for sale, causing home…

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I read recently that 81,000 young adults aged 25 to 39 left cities of greater than 500k residents and moved to the suburbs between 2017 and 2018 according to the U.S. Census Bureau. Second, according to NAR’s 2020 Home Buyer and Seller Generational Trends Report, 53% of home buyers in their thirties bought a home…

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A recent survey by Cisco of 1,569 business executives and others responsible for employee work environments in the post-COVID era concluded that working from home is the “new normal” with over 90% of respondents saying they won’t return to the office full time even after the pandemic is over. WOW!!! What does this mean for…

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As I have been writing for weeks the Fed wants inflation to average 2% over an unspecified long period of time. And for the last 10 year inflation as measured by the PCE, the Fed’s favorite measure of inflation, has averaged just 1.5%. Thus, will the Fed allow inflation to hit 2.50% for 10 years?…

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This year 3 KEY sources of demand have been driving housing to record new heights. The biggest source is demographics as more and more Millennials turn 30 and start buying homes. Currently, the homeownership rate for people under 35 is only about 40% compared to 64% for adults aged 35-44. This will cause housing demand…

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