Intellectual Wealth, 10Y UST Historic Low, Appreciation
Wealth – currently California’s economy is larger than the entire global economy of 1870. CA makes up 0.3% of the world’s land surface and 0.5% of the population. 27% of global capital is physical things (items you can touch) 9% is land, and 64% of wealth is ideas. The US economy continues to make up […]
Cornering the Lottery, Delinquencies Hit 20 Year Low, Rates Bounce Up.
Ever think about buying all possible number combinations to win the lottery? This story covers this history of lottery and how one man managed to successfully corner the lottery 12 times. Rates bounced up this week after a steady decline for the previous two months. Fed Chair Jerome Powell testified that uncertainty continues to weigh […]
NAR Confidence Index, Rates Stable, Tame Inflation
In the NAR confidence index 82% of respondents reported prices are constant or rising which is down from 88% in May of 2018. Properties are typically on the market for 26 days, first time home-buyers make up 32% of sales and 81% of transactions are financed. Rates – held steady this week as the 10 […]
Home Buyer Happy Hour
Thursday May 30th 5:30-6:30 PM Golden Valley Brewery, Beaverton 97006 Can you buy a home with student debt? Housing as a financial umbrella? What are good properties for first-time home-buyers? We purchased a home 2012. I was 3 years into my culinary career and paying down student debt. Kate was in year 3 of her […]
T-Rex Listed on E-bay, Rates Improve, Strong Home Data
Bored with you day job? Why not hunt for dinosaur skeles in the vast American countryside? Let’s say you found the cute 15 footer like the one pictured above and split the commission 50/50 with the owner of the property (rightful owner of the bones). The buyer is strapped for cash so they ask for […]