The president’s proposed federal budget will cut deeply into California funding for energy assistance, neighborhood blight assistance and beach cleanup. However, that is just the starting point, fear many Californians who know that the GOP majority believes that it must cut much deeper into the budget than the current administration is willing to go. While some proposed cuts include axing Read full article »
Tag archives for Real Estate Investments
2011 Budget Cutting Funds to California – The Only Question Remaining Is “How Much?”
tags: administration budget, BEREL, Bryan Ellis, Bryan Ellis Real Estate Letter, budget cuts, california, california budget, california real estate, carole vansickle, Draft, federal budget, Foreclosure, foreclosure news, neighborhood blight, neighborhood development, obama budget, Real Estate, real estate california, real estate education, Real Estate Investing, Real Estate Investing News, Real Estate Investments, real estate ivnesting news, Real Estate News
Real Estate Investing Action Forecast to Rise in Remainder of 2010, 2011
Thanks to lower vacancy rates and increased tenant demand lifting rent prices, 60 percent of real estate investors surveyed by Colliers International plan to make commercial property purchases in the next year. This mirrors what many commercial experts have been predicting in light of the burgeoning rental market that, in many locations, is actually growing faster than multi-family housing units Read full article »
category: Real Estate News
Fear of Change Could Freeze Up a Recovery for Many Real Estate Investors
Williamsburg, Virginia – When Pamela Liebman, CEO of New York’s Corcoran Group, took the stage at the College of William and Mary’s inaugural “Reinventing Real Estate” conference, her message was distinctly upbeat. “Yesterday, we signed the biggest deal of this year,” she started, recounting some details of a $40 million dollar deal in Central Park Read full article »
category: Real Estate News
Real Estate Investing Red (or Green!) Flag: Sellers’ Emotional Attachment
Being focused on real estate investments, you are probably already aware from past experiences working with motivated sellers that letting go of a home that holds deeply personal and emotional memories can be difficult. However, an emotional attachment to a home can actually lead to more dire circumstances for sellers, reports ZipRealty agent Stephanie Friend. In fact, “If a family Read full article »
category: Real Estate News
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.