The Road to Digital Closings

Few things in our fast-paced society are as time tested as the real estate closing process – but going “e” makes the relocation process quick and convenient.

2018 & 2019 Refinance and Purchase Lending Forecasts as of January 2018

As we economists say, “forecasting is difficult, especially the future.”   Fortunately, Fannie Mae, Freddie Mac and the MBA update their quarterly and annual forecasts monthly for residential lending volumes –  both refinance and purchase transactions. The forecasts typically span a three-year period, currently from 2017 to 2019.  Freddie Mac did not breakout the quarterly forecast …Read more

Another Top-10 List — Where Millennials are Buying Homes

Contrary to popular opinion, Millennials are buying homes today and the rate of homeownership among the demographic is going no place but up in the long run as they age.  Since 2016, Millennials have been the top homebuyer demographic cohort in the U.S. according to the National Association of Realtors® (NAR).  In the latter half …Read more

Another Top-10 List — States Most (and Least) Impacted by a Longer-Term Federal Government Shutdown

Good news is that the politically motivated federal government shutdown lasted just three days.  What, however, would be the state-specific impact if a longer-term shutdown were to occur?  Which states are most vulnerable?  The answer depends on what are included. There would be no doubt unequal impact across states.  To address the severity of impact, …Read more

Cryptocurrencies – An Introduction

A “cryptocurrency” is a medium of exchange which exists solely online, in the digital world. In other words, it’s a digital currency; it does not have a physical, tangible existence.