Tag archives for Housing Prices

Data Firms Predict Earliest Housing Recovery to Come in 2013

Although reports earlier this year projected that the housing market might start to make a slow but significant recovery sometime in 2012, the “recent spate of bad economic news that has been making headlines over the past several weeks” has quashed that hope, according to Fiserv/Case-Schiller Indexes. Now, the recovery likely will not occur until “well into the first quarter Read full article »

Neighborhoods and Real Estate Agents Working Together to Boost Home Values

With all economic forecasts predicting an extremely sluggish and possibly far-off recovery for the real estate market even in best-case scenarios, real estate agents and local neighborhoods are taking property values into their own hands. In metro Atlanta, this means not only are they working together to hold neighborhood cleanups, but the neighborhoods are even getting in on the action Read full article »

CoreLogic Announces Drop in Shadow Inventory

According to CoreLogic’s most recent report, the current residential shadow inventory nationwide has dropped 0.2 million units, representing a five-month supply of houses yet to hit the market. A year ago the shadow inventory was estimated at 1.9 million housing units, which was also considered to be a five-month supply. The data firm attributed the decline to “fewer new delinquencies Read full article »

Mortgage Rates Begin to Creep Up: “Four-Month High”

According to a survey released this week by Freddie Mac, mortgage rates are up to a dramatic 4.46 percent this week. While rates have been steadily climbing for three weeks now and this 4.46 is a four-month high, it is still a full quarter of a point lower than rates this time last year and actually indicates a positive trend Read full article »

The Housing “Crash” Is Absolute Bull****

All over the news this morning, you can see the headlines that read something like this: "Home Prices Fall Again In May" Yes, it's true: The Case Shiller Composite Index of 20 cities in the USA did fall again in May. But that's not the story. As usual, the real story is deeper that the surface. Here are some significant 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.