Tag archives for Residential Market

Denver Residential Real Estate Bright Spot in the Market

While residential real estate continues to founder throughout most of the country, the market in Denver, Colorado is coasting along quite well with two consecutive months of more than $1 billion in sales volume. Although sales volume in July were down 6 percent over June, July’s numbers were still a healthy $1.04 billion with average price of a residential home Read full article »

217 Registered Projects Canceled in Dubai

As Dubai continues to struggle with its real estate woes, the latest sign that things are not yet quite set to improve comes with the report that Dubai’s real estate watchdog organization has canceled around 217 registered property projects since 2009. The group, called the Real Estate Regulatory Authority (RERA), reviewed about 450 projects in the emirate and may have Read full article »

Banks Making Progress in Balance-Sheet Repair Process, but FDIC Chairman Warns It Can Only Go So Far

According to numbers released by the FDIC this week, lenders are seeing “considerable improvement” in loan quality and, as a result, are becoming increasingly confident that there will be fewer defaults. In fact, they are so confident that they have made loss provisions in the sum of $20.7 billion rather than $51.6 billion. The latter number is the sum set Read full article »

Merrill Lynch Lost $39.1 Billion In Six Quarters – Wall Street Journal


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Merrill Lynch Lost $39.1 Billion In Six Quarters
Wall Street Journal - 11 hours ago

The residential market, followed by the commercial real-estate market, and the high-yield market, he said. Additionally, trading could cause problems for ...
Dismal bank earnings presage more trouble ahead The Associated Press
Highlights and Lowlights of BofA’s Earnings Call Wall Street Journal Blogs
Firm still has at least $75 bln of exposure to CDOs, MBS ... MarketWatch
Hürriyet  - Wall Street Journal
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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.