National Government and Public Real Estate News

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.Bill Shepherd
Fisher Investments Rep
and ALLRMC.COM more »

Beverly Hills Lifestyle Sotheby's Homes

WASHINGTON, D.C. – January 23, 2015 – (RealEstateRama) — The Conference of State Bank Supervisors (CSBS) will host the seventh NMLS Annual Conference and Training February 16-19 in San Diego, Calif.

The Conference is one of the largest gatherings of state non-depository regulators and industry participants in the United States. It is designed for both new and experienced users of NMLS and attended by state and federal regulators, licensees, and registrants of all types, including consumer lenders, mortgage service businesses and debt companies. more »

WASHINGTON, D.C. – January 23, 2015 – (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today announced the following new residential construction statistics for December 2014: more »

WASHINGTON, D.C. – January 23, 2015 – (RealEstateRama) –The 55+ housing market fared quite well in 2014, and 2015 should be no different, according to industry experts at a press conference held today at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas. more »

WASHINGTON, D.C. – January 23, 2015 – (RealEstateRama) — Led by solid gains in single-family housing production, nationwide housing starts rose 4.4 percent to a seasonally adjusted annual rate of 1.089 million units in December, according to newly released data from the U.S. Commerce Department. For the year, overall housing starts topped 1 million units. more »

Wells Fargo, JPMorgan Chase will pay more than $11 million in restitution

Baltimore, MD – January 23, 2015 – (RealEstateRama) — Attorney General Brian E. Frosh today announced a settlement with Wells Fargo Bank and JPMorgan Chase Bank (Chase) to resolve allegations that the financial firms illegally steered customers to a now-defunct Maryland-based title company in exchange for marketing services that increased their customer base. more »

WASHINGTON, D.C. – January 23, 2015 – (RealEstateRama) — The multifamily market has had strong demand in recent years and is set to remain that way in 2015 despite certain headwinds that could affect the industry, said panelists during a press conference at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas. more »

WASHINGTON, D.C. – January 23, 2015 – (RealEstateRama) — Three longtime members of the National Association of Home Builders (NAHB) were honored this morning for their professionalism, political engagement, volunteer activities and service to the industry.

Presented by the NAHB Associates Committee, the Builders Engaging Associate Members (BEAM) award went to Mike Hughes of Mike Hughes Builders in Helena, Mont. The BEAM award is given to a builder member who values doing business with Associates: trade partners, suppliers and service providers who are also members of the NAHB federation. Over 70 percent of Hughes’ subcontractors are associate members, and he has even developed a system to increase interest among his fellow builders in doing business with associates. more »

WASHINGTON, D.C. – January 23, 2015 – (RealEstateRama) — Katherine Higgins, showroom sales and design consultant of Alabama Brick Delivery Inc. in Birmingham, Ala., has been honored as the Member of the Year for the Professional Women in Building Council of the National Association of Home Builders (NAHB).

Professional Women in Building members work in all aspects of the building industry—as owners, builders, remodelers, architects, suppliers, marketing experts, designers and in finance and real estate. more »

$15 million in MassHousing financing will allow property owners to participate in HUD Rental Assistance Demonstration program and extend affordability for low-income residents for at least 15 years

BOSTON – January 23, 2015 – (RealEstateRama) — MassHousing has closed approximately $15 million in loans for four affordable rental housing communities with 1,695 apartments in Rockland, Southbridge, Ware and Worcester. more »

WASHINGTON – January 23, 2015 – (RealEstateRama) — Realtors® not only help people realize their dream of homeownership, they also volunteer countless hours to help improve the communities in which they live and work. For seven years, REALTOR® Magazine’s Good Neighbor Society has helped Realtors® broaden and shape their charitable efforts through the Volunteering Works grant and mentoring program. The program, which matches expert mentors to Realtors® who are looking to expand and improve their community service outreach, is seeking entries through February 27, 2015. more »

640-unit apartment community will remain affordable for at least 30 years

BOSTON – January 23, 2015 – (RealEstateRama) — Senior citizens living in the 640-unit Quincy Point Apartments in Quincy will see significant property improvements and the extension of affordability there for at least 30 years as a result of $66 million in MassHousing financing. more »

WASHINGTON – January 23, 2015 – (RealEstateRama) — Despite low inventory conditions, existing-home sales bounced back in December and climbed above an annual pace of 5 million sales for the sixth time in seven months, according to the National Association of Realtors®. Median home prices for 2014 rose to their highest level since 2007, but total sales fell 3.1 percent from 2013. more »

COLUMBIA, S.C. – January 23, 2015 – (RealEstateRama) — South Carolina REALTORS® (SCR) held its annual LEAD conference at the Columbia Conference Center January 22, 2015. More than 200 Realtors® from across the state attended the event which featured speakers including: SCR President Fritzi Barbour, renowned real estate trends expert and speaker Sefan Swanepoel, SC Real Estate Commission Chairman David Crigler, South Carolina Speaker of the House Jay Lucas and SCR CEO Nick Kremydas. more »

IRVINE, CALIF. – January 22, 2015 – (RealEstateRama) — Award-winning national architecture and planning firm KTGY Group, Inc., has named three new shareholders. They are Alan Scales, AIA, and principal of residential design for the low density studio for the Southern California market; Brittany Choisnet, chief financial officer; and William Ramsey, AIA, LEED AP, and principal of residential design for the low density studio for Nevada. more »

YAKIMA – January 22, 2015 – (RealEstateRama) — The Washington State Housing Finance Commission has been recognized by the Yakima Association of REALTORS® as Partner of the Year.

Presented at the Yakima REALTORS®’ annual awards and installation banquet on Friday night at the Red Lion Hotel in Yakima, the award honors the Commission’s free homebuyer education seminars, which have enabled hundreds of Yakima residents to buy their first home. more »

WASHINGTON, D.C. – January 22, 2015 – (RealEstateRama) — The U.S. Supreme Court is hearing arguments today in a case examining whether housing policies that have a disproportionate discriminatory impact on racial minorities, women, and other groups violate the anti-discrimination provision of the federal Fair Housing Act. more »

WASHINGTON, D.C. – January 22, 2015 – (RealEstateRama) — On Wednesday, January 21, the Supreme Court of the United States will hear Texas Department of Housing and Community Affairs v. The Inclusive Community Projects, Inc. – a case that will ask the Court to decide whether disparate impact claims are recognizable under the Fair Housing Act. more »

@Properties, Coldwell Banker and Berkshire Hathaway HomeServices show gains in 2014

WASHINGTON, D.C. – January 22, 2015 – (RealEstateRama) — Chicago Agent magazine released the numbers and ranks the top 20 agents and brokerage offices in Chicagoland’s six counties.

Chicagoland’s top five residential real estate offices closed over $4,550,000,000 in 2014, showing an increase of more than 14% over 2013. @properties offices led the brokerages once again with offices in the number one and two positions, both showing significant gains from 2013 while Coldwell Banker Lincoln Park was third with modest gains over last year. The merging of offices for Koenig/Rubloff, now called Berkshire Hathaway HomeServices KoenigRubloff Realty Group, gave them a gain of over 42% moving into the fourth spot. Ranking fifth is Jameson/Sotheby’s with transactions totals nearing $700,000,000, down 12% from 2013. more »

Miami, FL – January 22, 2015 – (RealEstateRama) — CBRE arranged the sale of a vacant 7.35-acre development site in the Edgewater neighborhood of downtown Miami. A Florida-based private company acquired the site at the corner of NE 2nd Avenue and 17th Street from BDB Miami LLC for $64 million. This transaction is one of the largest non-waterfront land transactions to be completed in the Edgewater area. The site is zoned for mixed-use with rights to build up to 3 million square feet of residential, retail, hotel and office. more »

WASHINGTON, D.C. – January 22, 2015 – (RealEstateRama) — Two new reports from the Energy Department’s National Renewable Energy Laboratory (NREL) examine the economic options customers face when deciding how to finance commercial or residential solar energy systems. NREL analysts found that businesses that use low-cost financing to purchase a photovoltaic (PV) system and homeowners who use solar-specific loans can save up to 30 percent compared with consumers who lease a PV system through a conventional third-party owner. more »

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