Investors in Connecticut will have the opportunity to evaluate, bid on and buy properties in an auction with a twist this weekend. An LLC in Connecticut is opening up a number of its properties to the public to be shown for a few hours on Sunday, then will accept bids from all interested parties on the properties until midnight the Read full article »
Tag archives for Houses
Name Your Own Price Real Estate Events Put a Unique Spin on Property Bidding
More Bad Press for “Floppers”
If you currently engage in that newly-demonized yet highly-productive, profitable and essential-to-market-recovery practice of buying properties via short sale and then (gasp) selling them off for a profit, then get ready for some more bad press. In Connecticut, two real estate agents are going to be sentenced in federal court in the next two months for fraud. The fraud in question? Read full article »
Home Values are Getting Trickier as Short Sale Numbers Climb
Underwater houses are heading further down, thanks, surprisingly enough, to a major contributor to the recovery of the housing market: the short sale. The problem for many people trying to get a good value on their home – either for refinancing or for sales purposes – is that for every 30 days that a home is on the market, the Read full article »
Understanding Real Estate Investing & For Sale By Owners
Understanding Real Estate Investing & For Sale By OwnerReal estate investing involves the purchase of real estate for profit. The most popular over time has been to accumulated houses slowly by renting out properties with a positive cashflow then reselling later for capital gains. This is a tried and true method for wealth accumulation.
- Comments Off
- Email to friend
- Blog it
- Stay updated
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.
