Author Archive

What You Need to Know About Insurance Before Disaster Strikes

August 19, 2008 - (RealEstateRama) — As the nation braces for the hurricanes, wildfires, tornadoes and floods that accompany the spring and summer disaster season, nearly half of U.S. consumers are insufficiently prepared — in terms of their insurance coverage — to deal with potential losses, according to new research by the National Association of Insurance […]

Certified Green Professionals Now Top 1,000, Says NAHB

August 19, 2008 - (RealEstateRama) — More than 1,000 builders, remodelers and other members of the home building industry have earned the Certified Green Professional (CGP) educational designation since it was introduced early this year by the National Association of Home Builders (NAHB).

Builders Continue To Rein-In New Housing Production In July

August 19, 2008 - (RealEstateRama) — Single-family home builders continued to practice aggressive inventory management in July by slowing the pace of new production nearly 3 percent to a seasonally adjusted annual rate of 641,000 units, according to Commerce Department figures released today. This was the lowest rate of single-family housing starts since January 1991.

Most Expensive States To Insure A Home

Parts of coastal Texas and Mexico were treated to 15 inches of rain courtesy of Hurricane Dolly, a Category 2 storm that made landfall last month. Its 100 mile-per-hour winds made it the most powerful U.S. storm since Wilma, a Category 5 storm in 2005.

Tim Lange Joins CSBS Mortgage Team

WASHINGTON, D.C. - August 17, 2008 - (RealEstateRama) — The Conference of State Bank Supervisors announces the addition of Timothy J. Lange as Policy Analyst in its mortgage division. In this position, he will facilitate working groups of state regulatory agency staff and industry users in developing policies and procedures necessary in fully developing the Nationwide […]

First-Time Home Buyer Tax Credit Will Help Stimulate Housing Market

August 17, 2008 - (RealEstateRama) — The nation’s home builders are confident that a new temporary $7,500 tax credit for first-time home buyers included in a landmark housing bill enacted into law last week will get buyers back into the marketplace and help end the current cyclical downturn in the housing industry.

REALTORS Recognized for Increasing Affordable Housing

WASHINGTON - August 15, 2008 - (RealEstateRama) — The city of Asheville, N.C., has been named an Ambassador City by the National Association of Realtors® and the U.S. Conference of Mayors for expanding affordable housing.

DOE to Invest up to $24 Million for Breakthrough Solar Energy Products

Twelve Industry Teams Partner with DOE to Advance Integration of Solar Energy Systems into Electrical Grid
WASHINGTON - August 14, 2008 - (RealEstateRama) — U.S. Department of Energy (DOE) Principal Deputy Assistant Secretary for Energy Efficiency and Renewable Energy John Mizroch announced today that DOE will invest up to $24 million in Fiscal Year 2008 and beyond—subject […]

Ninth Defendant in D.C. Property Tax Refund Fraud Scheme Pleads Guilty

Real estate agent and graphics designer participated in theft and laundering of over $600,000 from fraudulently obtained property tax refund checks; used graphics design skills to assist with cover-up of fraud scheme; conspired with OTR employees to commit mortgage fraud
 
Washington, D.C. - August 14, 2008 - (RealEstateRama) — Alethia Olivia Grooms, 52, of Clinton, Maryland, […]

Survey Shows Home Buyers Responding to Lower Metro Prices

WASHINGTON, August 14, 2008 - (RealEstateRama) — Existing-home sales rose from the first quarter in 13 states, largely from buyers responding to discounted home prices, according to the latest quarterly survey by the National Association of Realtors®.