Some hard numbers have come out today from the Mortgage Banker's Association that shed a LOT of light on the foreclosure data. All that we hear is how much foreclosures are rising and how truly bleak the U.S. real estate market is. But the specific numbers tell a different (and better) story. It is true: Foreclosures are still rampant on a nation-wide Read full article »
Tag archives for Improvements
73% OF THE BLAME —> Florida & California Foreclosures
category: Real Estate News
Real Estate Market: Hard Numbers Are Hard To Deny
If you'd like to see some hard numbers to demonstrate the revitalization of the U.S. real estate market, you're in the right place. The Philadelphia Stock Exchange manages a stock index called the Housing Index (symbol HGX). The housing index is calculated based on the market value of 20 of the largest home builders across the United States. To be certain, this Read full article »
category: Main Content
tags: Banks, Case Shiller Index, Circumstance, Current Value, Fannie Mae, Fannie Mae And Freddie Mac, Fdic, Freddie Mac, Hgx, Hgx Index, Home Builders, Improvements, Index Symbol, Interesting Facts, Lagging Indicator, Leading Indicator, Lenders, Negative News, Philadelphia Stock Exchange, Real Estate Market, Real Estate Values, Regulatory Intervention, Revitalization, S Real Estate, Skeptic, Stock Index, Stock Market
A Day In The Trenches
This afternoon I'm going out to see 3 different properties that are acquisition targets for me. I have no idea how any of the properties will turn out, but I've got to tell you this: It was easy to find good properties in good locations with creative financing. In fact, all I did to find these 3 opportunities was to Read full article »
category: Uncategorized
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.