Fairfield Financial Services, Inc. - Private Money Loans, Lending & Borrowing

Real estate market general

Covid-19 and real estate markets

Tuesday, March 17th, 2020

S. Clay Sparkman Clearly these are unusual times worldwide. We have very little precedent to draw on in in speculating about how Covid-19 will affect real estate markets in the US. Most investors, of course, don’t like uncertainty. So many will tend to take their chips off the table when things get weird. At the […]

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National home pricing and supply

Friday, January 24th, 2020

S. Clay Sparkman A recent article (“Supply of homes for sale hits record low, and prices suddenly jump,” penned by Diane Olick at the CNBC site, posted 1/22/20) discusses the current numbers and issues related to home supply, demand, and pricing. It seems that in general, high demand for housing coupled with a precariously low […]

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Real estate values – what's next?

Tuesday, January 29th, 2019

S. Clay Sparkman It has been quite a challenge this past dozen years predicting the movement of real estate market values. Values spike. values crash, values spike again, and then … maybe get a little squishy. Also, note the strange happenings in the national political machinery. It might be perilous to ignore this entirely. For […]

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House flipping wisdom worth noting

Wednesday, August 16th, 2017

Clay Sparkman I try to keep an eye out for good information on the status of property flipping. Here are a few things that I have come across recently. With regard to the best cities for home flipping (as of May): The 25 Best Cities for Flipping a House Taylor Tepper at Money May 25, […]

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Ask an Investor

Wednesday, December 21st, 2016

Clay Sparkman I came across the following blog posting by Jersey Digs, and felt that it would be worth passing along to interested borrowers and brokers: Ask an Investor: How did you get started? How do you make money? I hope you found that to be useful. Any feedback would be much appreciated. If you […]

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Visualizing the industry

Thursday, May 19th, 2016

Clay Sparkman With regard to forward thinking (that is, how is the industry changing?): I thought you might appreciate this article, Private Lending Sector Making Big Noise for Real Estate Investors, by Ben Stoodley: Here Certainly he is correct with regard to his interpretation of current trends, and one must wonder how far this might […]

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Three potentially useful indicators of the likely movement of value

Wednesday, May 11th, 2016

Clay Sparkman Any good real estate investor should be attempting  to assess whether property values are rising, falling,  or holding in the area of his/her latest potential investment. After all, the core question when buying investment property (particularly short-term) is, “what is value likely to do in the next year or so?” If you sense […]

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Minding the gap

Wednesday, August 27th, 2014

Clay Sparkman This article was originally posted at this site in May of 2013 at this site. Since then, we have seen the number of construction and fix/flip loans that we do increase significantly. This seems to be a sweet spot for the private money market. That is, we are able to fill what would […]

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2014: Bring on the quick flip

Thursday, January 2nd, 2014

This article was originally posted on this site, on 1/23/13, as “2013: The year of the quick flip.” Did 2013 turn out to be the year of the quick flip? We certainly did our share of quick flip loans. However, I think that we failed to anticipate one thing: bulk buyers. Several very large bulk […]

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More REO opportunites for the little guy

Thursday, September 5th, 2013

Clay Sparkman As I have indicated recently, it seems that REO purchase opportunities have been tough for the little guys out there due to dominance of several ginormous buyers who are gobbling up everything they can get from the banks, I think there may be hope that this trend is beginning to shift. The following […]

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