What Is Amortization?
Amortization is the process of spreading out the cost of a loan or debt over a period of time, typically in equal installments. It is a common practice when it comes to loans for large purchases, such as a mortgage for a home or a loan for a business. The concept of amortization can be […]
2022 Comes To An End…
As you may already know, the real estate market is constantly fluctuating, and it’s important for buyers and sellers to stay informed about current trends and conditions. In this blog post, we’ll take a closer look at the current real estate market and discuss some key factors that are shaping it. One of the most […]
Costs Of Renting Vs Buying
The best place to start is why people should consider buying versus renting a home and when the time is right. It’s not as simple as “everyone should buy as soon as possible” like many agents will always say, but rather more of a situational type of decision based on many factors. Some of those […]
What can retirees do about inflation?
“Madness.” That’s how a friend of mine, a veteran money manager with an excellent track record, described the inflation situation and the bond market at the moment. Oh, and that comment was made before the latest dismal inflation report, which is even worse than the headlines suggest. Yes, the “annual” rate is 9.1%, the worst in decades. But […]
Are We In A Recession (4)
Our market has drastically changed over the past few months as inflation rate keeps rising. The FED put our CPI at 9.1% for the month of July and many of us started noticing the price of virtually everything going up. It’s looking more and more like a recession is eminent according to many of the […]
Are We In A Recession? (3)
I wanted to talk about the bond market so that we could better understand how the banks were going to use leverage their positions to borrow money from the FED at all time low rates and give their investors great returns on their portfolios. This is where the Mortgage Backed Securities came into play and […]
Are We In A Recession? (2)
The year is now 2020 and late March and we are officially shut down as a nation to fight this unknown virus. While we all sit at home in fear, the Government and Wall Street start planning their next moves on what to do with the global collapse. This collapse didn’t just effect stocks, but […]
Are We Officially In A Recession?
Let’s start by utilizing a dictionary and defining the word recession: “a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.” Under that definition and because of the global crisis during the pandemic, one could argue that we have been in a […]
House Prices Finally Dropping?
I have been following the current trends in the market and the saying “what goes up, must come down” certainly fits into what is happening in the Las Vegas market. Of course we can look back at our history and see that we have in fact been in this same position before and it all […]
Inflation Going Into April
It’s the end of March and we are starting to see a lot of movement happening in the financial sector. The Federal Reserve is raising rates as the CPI (Consumer Price Index) data states we were at a 7.9% inflation rate in February. This number is believed by many economists to be an inaccurate measurement […]