Archive for March, 2008
Helping families keep their homes and transforming public housing underscore Jackson’s seven-year tenure at HUD
March 31, 2008 Posted by RealEstateRama
WASHINGTON – U.S. Housing and Urban Development Secretary Alphonso Jackson announced today he will be stepping down as the nation’s chief housing officer. Jackson will conclude his government service as the nation’s 13th HUD Secretary on April 18, 2008.
Dozens of Real Estate Professionals Face Felony Charges for State Tax Evasion Totaling More Than $650,000
March 31, 2008 Posted by New York Real Estate
ALBANY , NY – March 25, 2008 - District Attorney P. David Soares along with New York State Commissioner of Taxation & Finance, Robert L. Megna, announced today that 5 individuals were arraigned for failing to file New York State personal income tax returns, and the remaining 26 will be arraigned on April 4, 2008. The […]
C.A.R. reports sales decrease 28.5 percent, median home price falls 26.2 percent in February
March 31, 2008 Posted by California Real Estate
LOS ANGELES (March 24) – Home sales decreased 28.5 percent in February in California compared with the same period a year ago, while the median price of an existing home fell 26.2 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
New York housing sales soft in February
March 31, 2008 Posted by New York Real Estate
Albany – March 26, 2008 – Sales of existing single-family homes in New York State in February decreased by more than 12 percent compared to last February, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.
Mortgage Rates Mixed in Freddie Mac Survey
March 31, 2008 Posted by RealEstateRama
No Drastic Changes Experienced This Week
McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 5.85 percent with an average 0.4 point for the week ending March 27, 2008, down from last week when it averaged 5.87 percent. Last year […]
HUD Announces Disaster Assistance for Missouri Flood Victims
March 31, 2008 Posted by Missouri Real Estate
Foreclosure protection offered to displaced families in central and southern MissouriWASHINGTON - U.S. Housing and Urban Development Secretary Alphonso Jackson today announced HUD will speed federal disaster assistance to 19 flood-ravaged Missouri counties and provide support to homeowners and low-income renters forced from their homes following severe storms and flooding. This assistance includes foreclosure relief […]
Economy slows Florida population growth to lowest level in 30 years
March 31, 2008 Posted by Florida Real Estate
GAINESVILLE, Fla. — March 28, 2008 – Migration will continue to fuel Florida’s growth over the next two years, with University of Florida (UF) economists projecting about 575 people moving into the state each day. The growth rate has slowed, however. Between 2002 and 2006, however, the state was a daily in-migration rate of 1,145 […]
Second-Home Sales Accounted For One-Third of Transactions in 2007
March 31, 2008 Posted by RealEstateRama
WASHINGTON, March 28, 2008 - The combined total of vacation- and investment-home sales declined with the overall market in 2007, but still accounted for 33 percent of all existing- and new-home sales, which is close to historic norms, according to the National Association of Realtors®.
Says Democratic Proposal Would Lead to Higher Monthly Mortgage Payments for American Families
March 31, 2008 Posted by Tennessee Real Estate
WASHINGTON - March 31st, 2008 - Senator Lamar Alexander (R-Tenn.), chairman of the Senate Republican Conference, today released the following statement urging the Senate Democratic leadership to support legislation that helps struggling homeowners without leading to higher monthly mortgage payments for millions of American families:
Wisconsin REALTORS® Association endorses Judge Lisa Neubauer for the Court of Appeals
March 31, 2008 Posted by Wisconsin Real Estate
Racine, WI - March 31, 2008 - The Wisconsin REALTORS® Association announced today that it has endorsed Judge Lisa Neubauer for the Court of Appeals, District II.
The following is a statement from William Malkasian, President of the Wisconsin REALTORS® Association.