Real Estate Scam of the Day: Mortgage Mod Fraudsters Fined, Banned

The Federal Trade Commission has settled with six defendants who charged distressed homeowners more than $4,000 a head to reduce mortgage payments via the “Obama Act.” The individuals were in no way associated with the government and were not offering a federally-approved or sponsored program and also did not have the affiliations with lenders and the government that they claimed Read full article »

Market News: European Market Recovery Short-Lived

Although the European Central Bank (ECB) pushed $641 billion into 523 European banks in an effort to boost liquidity and stave off a financial crisis in the eurozone, European stock markets fell yesterday anyway. The Stoxx Europe 600 fell 0.5 percent after gaining 1.3 percent upon news of the cash influx as it became clear that early estimates about how Read full article »

Cold, Hard Numbers: 95

95: The percentage of metropolitan statistical areas that showed monthly home value depreciation in November 2011 according to Zillow.com. On the bright side, Phoenix, Arizona and Detroit, Michigan both saw home value monthly increases. Read full article »

On the Move: Demand Intensifies for REO Properties

When it comes to “lower-priced REO properties,” homebuyer demand is on the rise, reported HousingPulse earlier this week. In fact, move-in ready REO properties spent just 10.1 weeks on the market in November 2011, the lowest in more than a year. Damaged REOs spent only 9 weeks on the market and together the two segments and short sales made Read full article »

Training & Education: An Overview of Creative Financing

In today’s real estate market, one of the dominant factors in whether you can actually purchase a home is not so much whether or not you can afford it, but whether or not you can qualify for a loan. While you might think at first that these two issues are one and the same, in reality the process of qualifying Read full article »

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The Politics of Real Estate

Few industries are as profoundly impacted by the political machinations in Washington as the real estate industry. Whether it's old legislation like Jimmy Carter's Community Reinvestment Act or Barack Obama's massive mortgage bailouts, the U.S. political machine has a huge impact (usually bad) on the business of real estate.

Ideally, we could ignore politics. But here at the Bryan Ellis Real Estate Letter, we insist on seeing the world with clarity - including the reality of Washington's aggressive involvement in every facet of our business, from mortgage lending to real estate sales license; from loan modification regulations to appraisal requirements... every piece of our business is profoundly impacted by politics. So rather than stick our heads in the sand and ignore reality, readers of the Bryan Ellis Real Estate Letter choose to be informed and prepared.

About Bryan Ellis

Bryan Ellis is an Atlanta-based real estate analyst and publisher of the widely read newsletter "The Bryan Ellis Real Estate Letter". With over 200,000 subscribers - including real estate investors, agents, brokers, appraisers and other real estate professionals - the Bryan Ellis Real Estate Letter is among America's largest sources of unbiased coverage of politics and public policy for the real estate industry.

Bryan Ellis serves as editor in chief for the Bryan Ellis Real Estate Letter and is assisted by an extraordinary staff of writers, researchers and editors who are each real estate experts in their own right and who assure that the news we report is well researched, factual, and highly relevant to today's real estate industry.

Bryan is very happily married and has two wonderful daughters. He makes his home in the suburbs of Atlanta, Georgia. You can contact the team at the Bryan Ellis Real Estate Letter here.