Bad News for Stocks, Good News for Rates
While the news is not bad, the rates fell. This week we got the December consumer price index, and it was down .1%, with the core rate up .1%. December housing starts were down .25%, and building permits were down 3.9%. All are not good signs, as construction is a...
Should You Invest Out of State?
Investing out of state is risky. YES and NO. So many investors ask me now where to find good returns on their real estate investment in Southern California. The honest truth is that it’s tough. I have found good investment properties in the central valley and in the...
Big Economic News
Did you see the stock market this week? Well if you did, and you have read my newsletter before, you know that most of the time when stocks don’t do well, bonds do, so rates go down. And you would also know that the first Friday of the month all eyes are on the jobs...
Be Careful Who You Use to Get a Loan
After waiting 3 months for a loan, a local woman puts a message out on Facebook about finding a good lender. My assistant is friends with her and responded right away that she works for the “smartest lender ever in her 35 year in the business.” Ah, shucks. … This...