Archives for Foreclosure News

Minnesota Cities Limit Rental Volumes

In an effort to contain the perceived negative effects of rental properties on area home values, several Minnesota cities are planning to limit the number of rental properties permitted on each city block. Not surprisingly, would-be landlords and homeowners hoping to generate some rental income out of their homes are furious, but city officials fear that when the GSEs “start Read full article »

New Manifestation of Occupy Movement Moving Indoors for the Winter

Using weekly national conference calls to keep participants motivated and coordinated through the winter months, a new manifestation of the Occupy Wall Street (OWS) movement known as InterOccupy is hoping to keep occupiers coordinated and motivated during the winter months when it may be harder to drum up the enthusiasm and resources for outdoor protests. InterOccupy hosts these weekly calls Read full article »

Cold, Hard Numbers: 1.1 Million

1.1 million: Number of Bank of America home loans 60 days delinquent or worse that must be sorted and categorized before any action can be taken by the lender. BofA is considering renting some of these properties back to the current owners after foreclosure. Read full article »

Real Estate Crystal Ball: Appreciation in Real Estate Could Make an Appearance in 2013

Following declines in home prices over the past year, 2012 real estate values are not likely to head up either, say more than 100 economists and housing experts who responded to a Zillow Home Price Expectations Survey. In fact, those analysts are predicting another 12 months of declining prices before a “relatively steady annual appreciation rate of roughly three percent” Read full article »

Cold, Hard Numbers: 4

4: Percentage drop left in home values before we really reach the bottom. According to analysts, home values nationwide will drop another two to four percent before reaching rock bottom sometime in 2013. 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.