Tag archives for Wall Street Journal

Fall 2011 Marks End of REIT Surge

For the past two years, real estate stocks have outperformed the broader stock market. However, that trend appears to be ending, with the Dow Jones All Equity REIT Index posting a negative 15 percent total return in the third quarter of this year. This is the largest drop since the first quarter of 2009, and according to analysts likely indicates Read full article »

SEC May File Civil Fraud Charges Against Credit Rating Agencies

The SEC (U.S. Securities and Exchange Commission) has been investigating the sales and marketing of mortgage bond deals by financial firms and lenders. Now, it is expanding the probe to include credit rating agencies. The SEC believes that the agencies, McGraw Hill’s Standard & Poor and Moody’s Investors Service (both owned by Moody’s Corp), may not have done enough research Read full article »

IRS Checking Out Real Estate Gifts

The IRS is checking out records on land transfers in order to catch real estate reporting omissions, reported the Wall Street Journal last week. Calling the effort “low-profile but sweeping,” indicated that as of December 21, 2010, 323 taxpayers had been examined for failing to report gifts of land, while 217 additional individuals were being examined and 250 were being Read full article »

$8,000 Tax Credit Cost Typical Recipients Twice That

According to home values released by Zillow on Monday of this week, home values have fallen for a 57th straight month. And while this is not good news for anyone, it has hit beneficiaries of the $8,000 tax credit for first-time homebuyers particularly hard, as, according to the Wall Street Journal, they “lost twice as much to falling house prices Read full article »

Zillow Going Public

Zillow, the ubiquitous real estate information company that has been providing online estimates on property values – and an ever-widening array of other real estate related services – has filed for initial public offering. This puts it on track to become a publicly traded stock in the coming months. The data provider maintains information on more than 100 million U.S. 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.