The Fed gives stocks free rein to run. Can the rally continue?

Last week’s Federal Reserve (Fed) meeting proceeded largely as expected, but a very important development for stocks occurred during the follow-up press conference. As expected, the Fed decided to cut rates by 25 basis points. Additionally, in its announcement, the Fed removed the language that stated it would “act as appropriate to sustain the expansion.” […]


Zillow Case-Shiller Forecast: Similar YoY Price Gains in September compared to August

The Case-Shiller house price indexes for August were released last week. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close. From Matthew Speakman at Zillow: August Case-Shiller Results and September Forecast: Stabilizing, not Swooning The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose […]

Estate Planning

How to Reduce the Risk of Revocable Trust Litigation

The California Court of Appeals recently decided the case of Winston v. Winston-Levin, which reviews some important estate planning considerations. In 1986, Robert Levin created a revocable trust, which he later revised several times. Sadly Robert passed away in 2015, and litigation occurred concerning subsequent revisions to the trust when Robert’s daughter from a previous […]


Black Knight Mortgage Monitor for September: “Early-Stage Delinquencies Continue to Rise Among Purchase Loans”

CR Note: Early-stage delinquencies are still historically very low, but have been increasing (see second graph). Black Knight released their Mortgage Monitor report for September today. According to Black Knight, 3.53% of mortgages were delinquent in September, down from 3.97% in September 2018. Black Knight also reported that 0.48% of mortgages were in the foreclosure […]