Despite conflicting reports about how much the Chinese real estate market is actually simmering down – yesterday we spotted one on-site reporter ridiculing the notion that developers have slowed at all – the China Real Estate Information Corp. (CRIC) reported yesterday that it lost money in the third quarter of 2011 thanks to the “Chinese government’s efforts to cool the Read full article »
Tag archives for chinese real estate bubble
Chinese Real Estate Market Could be Cooling
BEREL Sunday International Investing Edition
Wells Fargo Turns to Ireland for Loan Portfolios In a $1.4 billion deal, Wells Fargo has won the Bank of Ireland’s U.S. commercial-real-estate loan portfolio as the Irish bank attempts to deleverage its assets. The portfolio consists of 25 loans sold at close to face value and backed primarily by properties in New York, Boston and Washington. The Bank of Ireland Read full article »
Chinese Real Estate Unsold Inventory on the Rise
Prices are holding in China, but the volume of unsold homes in the country is on the rise thanks to government curbs and intervention in the real estate market. The Chinese government has been imposing increasingly strict lending limits and ownership regulations on investors and traditional homeowners in an attempt to control the growth – and potential bursting – of Read full article »
Chinese Real Estate Developers Deep in Debt
Over the past year, we have watched the Chinese government attempt to check real estate development in the country in order to try and stop the expansion of a real estate bubble in that corner of the world. In fact, lenders have been prohibited to lending to real estate developers in most cases, and many analysts have determined that aggressive Read full article »
Major Chinese Lender Warns of Severe Risk in Chinese Real Estate Market in 2011
In an announcement about plans to cut lending to the entire real estate sector, China Citic Bank Corp warned that “real estate risk this year is severe.” Shi Yuan, general manager of the seventh-largest Chinese lender’s risk management section, noted that the country’s property-tightening measures, which it is taking in an effort to prevent a real estate bubble, will likely Read full article »
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.
Mortgage Industry News
Few things change more rapidly than the mortgage market, and with the increasing dominance of GSE's Fannie Mae and Freddie Mac over the mortgage business, it's more important than ever to keep up. Here are a few recent mortgage news updates:
-
Mortgage News
- HAMP Success Tally Slowly Growing
- Western States Working Through Foreclosure Backlog Quicker than Eastern
- Biggest Down Payments in the Country Found in New Jersey
- President Bypasses Congress, Appoints Director of the Consumer Protection Bureau
- Federal Reserve Recommends Expanding GSEs to Turn Housing Market Around
- Mortgage Rates Likely to Remain Low for a While Longer
- Top Former FDIC, Wells Fargo Execs Say Fannie and Freddie Must Go
- FHA Continues to Extend Anti-Flipping Waiver
- More Homeowners Using Delaying Tactics to Slow Down Foreclosures
- Now that It’s Passed: The True Cost of the Payroll Tax Cut
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.
