My personal home was built in 1995. When I am spending money on repairs I have to remind myself that I am maintaining a property that is 37 years old. I wish I was 37 years old but, now an ‘ageless’ senior, I realize that my very personal residence (i.e. my body ) is holding …
Nobody can tell you exactly what will happen next in Ukraine, China or Alaska but I will attempt to look into the crystal ball and, based on what we know today, provide some sort of prediction for real estate in 2023. As we write, everyone knows that inflation across America exceeds 8%. Interest rates for …
When I studied contract law at the St. George Technical College in New South Wales, Australia, I was fascinated with the elements required for a legally binding contract to exist. Now that I deal with Real Estate Contracts, I find it interesting to see the evolution in how contracts are written. Of course, in ancient …
It took me a long time to understand the 4 different numbers quoted for inflation, so here is a quick guide:- 1. PCE is Personal Consumption Expenditures and this index is the Fed’s favorite. As of August it showed inflation at an annual rate of 6.2%. September reading will be released on 28th October. 2. …
Last week I made a profound professional miscalculation. I left one of my windows slightly open in the Carwash. What a mess in what is, after all, really my mobile office! Leaving windows open to your personal life on Facebook can also ruin your day, and even your professional career. Many Realtors and other professionals …
The U.S. economy has now had 2 consecutive quarters of negative growth. The first quarter was 1.6% negative growth and the second quarter 0.6% negative. By definition, this is a Recession. It has only just begun. Last December many analysts, including myself, argued strongly that Inflation at the time was by no means “Transitory” even …
Many folks are confused, and understandably so, about how long to keep financial records. Some feel that to ask this question makes them appear foolish. There are no silly questions. Fools are identified by the failure to ask questions, not the reverse. For the most part, how long to keep records is centered on IRS …
Bear naked ladies, and their children, seem to be everywhere these days – not just at the State Fair. In my own eastside neighborhood, one particular black bear and her three cubs are so well known by the State Fish and Game department that they will soon be needing a full time operator to take …
There are hundreds of homes in the Anchorage bowl with a 2-wire, ungrounded electrical system. This is because homes built before 1962 were not required to have an inbuilt grounding path. The National Electrical Code still allows for those older homes to retain the 2-wire system because it is not inherently unsafe. What happened is …
Over the last 10 years there has been a clear trend towards real estate ‘teams’ – i.e. 2 or more licensed real estate operators joining up to operate as one. The obvious question that arises is whether this is beneficial to you the consumer. Recognizing some personal bias (since I am not a team nor …
