America’s Increasingly Unaffordable Cities

If you live in Seattle, it might be time to ask for a cost of living increase. The city has the highest inflation rate in the country.

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PLAINFIELD, IN - August 7, 2008 - (RealEstateRama) — Cross Road Centers, a third-party logistics provider, announced today it will locate a 600,000-square-foot distribution center here, creating 30 new jobs by 2011. (more…)

SACRAMENTO - August 7, 2008 - (RealEstateRama) — California homebuilders today thanked Gov. Arnold Schwarzenegger and the Legislature for enacting the last piece of CBIA’s three-part homebuilding stimulus package launched in January to help provide some relief to the battered homebuilding industry. (more…)

TALLAHASSEE, Fla. – August 7, 2008 - (RealEstateRama) — The property tax reform amendment advocated by FAR has a new backer – Florida Gov. Charlie Crist. Concerned about the Florida economy, Crist offered his first full endorsement yesterday, and says he will stump for passage. (more…)

WASHINGTON, August 07, 2008 - (RealEstateRama) — International real estate purchases in the U.S. continue to be a significant share of business for many Realtors, according to the 2008 National Association of Realtors® Profile of International Home Buying Activity. Continue Reading »

WASHINGTON, August 07, 2008 - (RealEstateRama) — Some improvement is projected for existing-home sales in the months ahead, with broader gains seen by the fourth quarter as buyers take advantage of new provisions provided through the recently passed housing stimulus bill, according to the latest forecast by the National Association of Realtors®. Continue Reading »

FHASecure on pace to help half-million homeowners by year’s end

WASHINGTON - August 6, 2008 - (RealEstateRama) — U.S. Department of Housing and Urban Development Secretary Steve Preston today announced that 300,000 families have refinanced their mortgages with HUD’s affordable mortgage insurance program. Since September 2007, FHASecure - the Federal Housing Administration (FHA) refinancing product - has provided struggling families with expanded access to safe and affordable mortgage financing. FHA is on pace to help 500,000 families by the end of the year. Continue Reading »

AUSTIN, TX - August 1, 2008 - (RealEstateRama) — Realizing that many young families and older individuals are struggling to keep pace with rising rent levels, the Texas Department of Housing and Community Affairs (TDHCA) has announced that it will help finance the development of 59 affordable rental properties throughout the state that will bring [...]

Indianapolis, IN - August. 4, 2008 - (RealEstateRama) — Homeowners in Morgan County will soon see the first effects of the governor’s property tax relief plan when tax bills are mailed later this week. On average, homeowners in Morgan County will see a 64-percent cut in their 2008 property tax bills, according to information released by the State Office of Management and Budget.  (more…)

Indianapolis, IN - August 4, 2008 - (RealEstateRama) — Homeowners in Dearborn County will soon see the first effects of the governor’s property tax relief plan when tax bills are mailed later this week. On average, homeowners in Dearborn County will see a 23-percent cut in their 2008 property tax bills, according to information released by the State Office of Management and Budget.  (more…)

President Bush will sign measure as part of housing bill;
up to one million Hoosier homeowners eligible for new deduction
  
 
Washington, DC - August 4, 2008 - (RealEstateRama) — Congress tomorrow morning is expected to send to President Bush for his signature federal property tax relief legislation authored by Senator Evan Bayh and Congressman Baron Hill. Saturday’s expected final passage is the culmination of a yearlong push by Bayh and Hill to provide help to Hoosier homeowners affected by Indiana’s recent reassessment. (more…)

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