Tag archives for White House

New Mass-Refinancing Plan on the Table

The White House is considering a mass-refinancing plan that would enable homeowners with government-backed mortgages to refinance into today’s low interest rates. The Obama administration hopes that if the plan comes to fruition the refinancing would leave consumers with lower mortgage bills and more spending money. Currently, many homeowners are too “underwater” on their mortgages or lack the credit standing Read full article »

Falling Real Estate Values Mean More People Can Buy

In California, property values are still on the decline. However, that’s not all bad according to a Mercury News report released earlier this week which determined that more than half of all households in the state can afford to own a home at today’s prices. Of course, that assumes that they have the money for a 20 percent down payment. 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 »

Can’t we blame Irresponsible Borrowers for this economy?

Lenders Mortgage Brokers Regulators Mortgage Secondary Market Investment bankers Bernie Maydoff (yes he gets his own category) The Feds White House Congress Past Presidents New Home Builders Real Estate Investors Hedge Fund Managers Media Outlets

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.