Tag archives for Federal Reserve

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 »

Banks Ease Lending Standards in Second Quarter

Thanks to “aggressive competition,” banks eased up on tight lending standards during the second quarter of this year, reported the Federal Reserve yesterday. However, these “lighter” terms did not extend to the real estate sector, with banks continuing “to ease lending standards on all major types of loans other than loans secured by real estate,” said the report. Lenders cited Read full article »

Auctioned Homes More Likely to be Vacant Five Years After Sale

According to the results of a new study by a research economist at the Federal Reserve Bank of Cleveland, foreclosed homes that are sold at auction are two to four times more likely to be vacant five years after the sale than those sold through conventional transactions. The researcher, Stephan Whitaker, credits this tendency to the fact that homes sold Read full article »

Government Considers Removing Foreclosed Homes, Renting Them Out

In an effort to clear out the glut of unsold properties in today’s real estate market and prevent home values from continuing their downward spiral, the Obama administration is considering pulling foreclosed properties owned by Fannie Mae and Freddie Mac off the market and renting them out. This could, according to Credit Suisse analysts, ultimately help avert another 3-5 percent Read full article »

Analyst Suggests that U.S. Dollar Should be Worrying Investors, Not the Euro

Although many analysts are touting the U.S. dollar as a “safe haven” for investors compared to the euro thanks to the debt crisis in Greece and other European countries, Axel Merk of Merk Investments disagrees. Merk recommended in a report he released earlier this week that investors “take a closer look at their dollar holdings” to make sure that they 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.

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.