According to a report by the Harvard Joint Center for Housing Studies, there are fewer households that actually own the homes in which they live than at any point since 1998. 33.6 percent of households are renters, and the analysts who conducted the study expect 3 million more renting households by 2015. Not surprisingly, this has had a negative impact Read full article »
Tag archives for multifamily real estate
A New Trend in Renting
Multifamily Properties Target for Texas REITs
A Texas real estate investment trust (REIT) is taking advantage of banks’ need to shed properties this year by making some major investments in REO multifamily properties. REITs First Capital Funding and Principals Capital Funding are currently involved in $39 million worth of transactions that they believe “signal recovery in the debt and equity markets.” J.P. Newman, who is the Read full article »
Real Estate Investors Are Feeling More Confident
According to a report from PricewaterhouseCooper, real estate investors are feeling good – or at least relatively better – about the state of the market in 2011. Commercial real estate investors are particularly optimistic about their market sector thanks to a decrease in jobless claims and rising business and consumer confidence, according to the “PwC Real Estate Barometer,” a system Read full article »
Commercial Market Gets Good Three-Year Projections
According to a report from PriceWaterhouseCoopers LLP, U.S. commercial property sales are due for a climb that could last the next three years. The firm predicts increased investor confidence in commercial real estate over the coming year that will eventually result in a serious commercial recovery and even a – dare we say it – thriving market in the coming Read full article »
Multifamily Financing at Risk in Fannie, Freddie Exit
The Fannie Mae-Freddie Mac “escape plan” has been heralded by many politicians as the only answer to the nation’s current housing woes. However, in the process of dismantling the government-controlled GSEs, the U.S. Treasury Department could end up removing one of the market’s most beneficial and successful insurers of multifamily property from the market. Affordable housing advocates like the National 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.
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.
