Archives for Real Estate News

Real Estate Scam of the Day: Real Estate Agent Steals Home from Parents

One Contra Costa real estate agent won’t be signing his name – or anyone else’s – on any titles anytime soon. His last transaction, which transferred the deed of his parents’ rental property to him, turned out to be a fraud in which Walter Roberts forged his elderly parents’ names in order to gain control of the $300,000 property. Roberts Read full article »

President Bypasses Congress, Appoints Director of the Consumer Protection Bureau

Last December, the Senate rejected President Obama’s choice for director of the Consumer Financial Protection Bureau (CFPB), Richard Cordray. Not be deterred, however, the president simply waited until Congress was in a recess (although the Senate was actually in a pro forma session, just as when the payroll tax cut was extended) and appointed him anyway,  leading many to protest Read full article »

Cold, Hard Numbers: 26

The number of pages in a white paper sent by the Federal Reserve to Congress recommending “more aggressive action” to prevent home values from falling further. The Fed suggested several options to address the problem, including allowing the federal government to rent out foreclosed homes (possibly back to the families in foreclosure) and loosening lending requirements in order to move Read full article »

Federal Reserve Recommends Expanding GSEs to Turn Housing Market Around

While most analysts are recommending minimizing Fannie Mae and Freddie Mac or even winding them down, the Federal Reserve says that the best way to rescue the United States housing market is to use the government-controlled GSEs in a larger capacity in the coming year to provide “cheaper mortgages to a broader pool of homeowners”. The recommendation comes as a Read full article »

American Households Heading East

Americans are on the move thanks to high unemployment and tough economic conditions in the middle of the country. According to a new Atlas Lines Migration Patterns study, Americans are heading east and leaving the “are between the Midwest and the Northeast” where unemployment has hit hardest in recent months. Ohio’s population in particular in on the decline, with the 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.