Doughnuts and Interest Rates

Twenty plus years ago, just as I was getting into the real estate business, interest rates sat at 7.5 percent. And they were on their way up. By the end of 1994, they hit 9.5 percent. Even as the market started to get hot, in the early 2000’s, borrowers were...
The Lazy Binary Is Impacting Your Decisions…

The Lazy Binary Is Impacting Your Decisions…

Sometimes moments of clarity strike with little notice. I was listening to an interview on NPR (yes, I occasionally listen to NPR) and the interviewee was talking about how we all want to look at things in either/or terms.  It is far easier to...