If you have been waiting for the “foreclosure tsunami” to hit the real estate market, you might not have to wait much longer. According to real estate analytics firm CoreLogic, another wave of distressed residential properties is due to “flood an already saturated residential real estate market in the coming months”. Based on a recent report, the firm believes that Read full article »
Tag archives for Distressed Properties
CoreLogic Estimates Shadow Market Volume at 2.1 Million
category: Real Estate News
An Increasingly Irrelevant News Organization Attacks Real Estate Investors Again
Less than a decade ago, real estate investors were generally known for fixing and flipping houses quickly while driving prices ever upward. But now the trend for many real estate investors is to buy and hold, renting out their properties to create a steady income by providing single-family housing for people who cannot currently buy and don’t want an apartment, Read full article »
category: Editorial
tags: Article Names, Bad Situation, Bastion, Biases, Buffoonery, Cnn, Discerning Market, Distressed Properties, Estate Businesses, Flipping Houses, Fox News Channel, Media Bias, Media Coverage, Miami And Las Vegas, Money Cnn, Negative Connotations, News Organization, Property Ownership, Property Valuations, Property Values, Real Estat, Real Estate Investing, Real Estate Investors, Swoop, Vegas Area, Vulture, Vultures
Foreclosure “Hot Spots” Locked into Low Rankings Thanks to Lousy, Long-Term Records
New information released by RealtyTrac indicates that while their numbers still stink, America’s “hot spots” for foreclosures are actually on the mend. However, their long-term negative growth has locked their real estate markets into poor rankings at the bottom of the pile. While foreclosure filings are still climbing in places like Baltimore (up 141 percent from last year), Salt Lake City Read full article »
category: Real Estate News
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:
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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.