National Government and Public Real Estate News
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Freddie Mac (OTCQB: FMCC) today released its updated Multi-Indicator Market IndexÂŽ (MiMiÂŽ) showing the U.S. housing market continuing to slowly stabilize with two additional states, Arkansas and Tennessee, and four additional metro areas entering their outer range of stable housing activity: Omaha, Nebraska; Scranton, Pennsylvania; Chattanooga, Tennessee and Madison, Wisconsin.
Ten years ago, in a small office in downtown New Orleans, a start-up that had thrust itself into bringing some high-tech tools into the low-tech world of multi-family housing was about to have its world turned upside down. News reports were pouring in that Hurricane Katrina was headed for the Gulf Coast, and New Orleans was dead in its sight. Forecasters were predicting that it was going to be the worst storm in centuries, but most native New Orleanians remained unfazed— as hurricanes are part of living on the Gulf Coast.
Associated Builders and Contractors (ABC) today submitted comments urging the withdrawal of the Federal Acquisition Regulatory (FAR) Council’s Notice of Proposed Rulemaking (NPRM) and the U.S. Department of Labor’s (DOL) Notice of Proposed Guidance (NPG) implementing President Obama’s “Fair Pay and Safe Workplaces” Executive Order (Executive Order 13673), commonly referred to as the blacklisting proposal.
Award-winning national architecture and planning firm KTGY Group, Inc., answering the strong demand for innovative design solutions in Chicago, announced today that it has opened a new office in downtown Chicago, IL to expand its services in the mid-western United States. The new studio will be headed by veteran designers Craig R. Pryde, AIA, LEED AP and David M. Kennedy, AIA, LEED AP, former principals of PPK Architects, as principals of the new studio.
The current draft of the 2016 AISC Specification for Structural Steel Buildings is now available for a second public review until September 21, 2015. The draft Specification and a comment form are available for download on the AISC website at www.aisc.org/publicreview. Hard copies are also available (for a $35 nominal charge) by calling 312.670.5411.
Mortgage applications increased 0.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 21, 2015
The Center for American Progress issued the following statement on the announcement from Fannie Mae of a new affordable lending product for people looking to buy a home. The HomeReady mortgage product offers flexible terms and conditions to creditworthy, low- and moderate-income borrowers and borrowers in low-income communities
Renewable energy production has increased dramatically under the Obama administration, with solar generation increasing twentyfold and wind generation increasing threefold since 2009 alone. But a new report from the Center for American Progress argues that new policies are needed to consolidate these gains and harness more of the clean energy potential of our nation’s public lands and waters
Conducted in late June, the second-quarter 2015 NARI Remodeling Business Pulse (RBP) data of current and future remodeling business conditions found a sharp upturn in remodelers’ ratings for current business conditions
Congressman Xavier Becerra (CA-34), Chairman of the House Democratic Caucus, issued the following statement after President Obama announced his Clean Power Plan as a step towards ensuring the nation embraces sustainable wind and solar energy and cuts harmful greenhouse gas emissions
Solar industry leaders commended today's decision by the Colorado Public Utilities Commission (PUC) to leave the state's net metering policy unchanged, calling it a "fair outcome" for the state's consumers, utilities and solar industry.
Pedestrian-friendly units, unique amenities and the integration of buildings into their communities were some of the trademarks found in this year’s finalists for the 2015 Multifamily Pillars of the Industry Awards, which honor superior achievement in apartment and condominium development, design, marketing and management and are sponsored by the National Association of Home Builders (NAHB).
Franklin Street has taken another major step toward their tactical growth plan of being a national, full-service commercial real estate firm. The company will now offer real estate valuation and advisory services to its growing client list through the acquisition of Tropical Realty Appraisal Services based in Tampa. Tropical Realty Appraisal Services has been in business since 1988 and provides real estate valuation services throughout the United States with offices in Tampa, Miami, Atlanta and Key West.
Ten years ago this week, Hurricane Katrina devastated the Gulf South and shook the nation. Although some will celebrate the resiliency and recovery of the Gulf region, many continue to feel the painful consequences of Katrina a decade later. Frontline communities in the Gulf are uniting under the banner of Gulf South Rising with a week of action to confront the devastation of this disaster and the inequitable recovery that followed.
The Mortgage Bankers Association (MBA) projects between 13.9 and 15.9 million additional households will be formed by 2024, making the next decade one of the strongest in housing in U.S. history, according to a new research paper released today. The report, titled Housing Demand: Demographics and the Numbers Behind the Coming Multi-Million Increase in Households, shows that the housing demand surge will be driven by Hispanics, Baby Boomers, and Millennials.
Three WSSC wastewater treatment plants were presented the prestigious Platinum Peak Performance Award by the National Association of Clean Water Agencies (NACWA). Two more plants received the Gold Peak Performance Award
The inspector will assess the damage to your home. This may take 30-40 minutes. The inspector will also ask to see
Fried Frank has been recognized across various categories in Vault’s 2016 “Best Law Firms” rankings. The Firm remained #1 in the Best Law Firms for Real Estate Law ranking and was newly ranked in the Best Law Firms for Compensation ranking at #7. Additionally, Fried Frank is newly ranked in the following categories
TIAA-CREF, a leading financial services provider, and the Swedish National Pension Funds AP1 and AP2 have agreed to combine forces in a new joint venture to create a leading, pan-European office investment platform. TIAA-CREF’s affiliate, TH Real Estate, brought the parties together and will manage the vehicle on the investors’ behalf, providing investment and asset management services.
New Freddie Mac (OTCQB: FMCC) research provides insight into the question of which renters are likely to buy a home? The research shows that people renting single-family properties (renting a house/townhouse or condo) may be more likely to buy than those in apartments. In the U.S. about 15 million households rent a single-family house and 25 million rent an apartment, according to U.S. Census Data.
ERC and NCLR Investigation Uncovers Housing Discrimination against Latinos in Three Major Metropolitan Areas

NEW ORLEANS, – July 22, 2013 – (RealEstateRama) — Today the Equal Rights Center (ERC) —a national non-profit civil rights organization dedicated to equal opportunity for all—and The National Council of La Raza (NCLR) —the largest national Hispanic civil rights and advocacy organization in the United States—unveiled the results of a testing-based investigation documenting adverse and differential treatment against prospective Latino renters and homebuyers in Birmingham, Alabama; Atlanta, Georgia; and San Antonio, Texas. Sotheby’s Homes  Fisher Investments on Crunchbase and ALLRMC.COM more »

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