Investing

FAR joins “Financial Action Team” to help state homeowners

TALLAHASSEE, FL – Aug. 19, 2008 - (RealEstateRama) — The Florida Association of Realtors® (FAR) and other groups have joined forces in a “Financial Action Team” formed by Florida Chief Financial Officer Alex Sink. Comprised of a broad array of financial and housing stakeholders, the Financial Action Team will analyze the recently passed Housing and Economic […]

California New Home Market Stays Cold in Summer Heat, CBIA Announces

SACRAMENTO - August 18, 2008 - (RealEstateRama) — The pace of sales at California new-home communities remained sluggish in June, following a resumed trend of deterioration in year-over-year sales declines that began in May, the California Building Industry Association reported today.

Kennedy Wilson Multifamily Returns to its Southern California Roots in Joint Venture with PCCP, LLC

Partnership Acquires Townhome Rental Community in Montclair
MONTCLAIR, CA - August 15, 2008 - (RealEstateRama) —  Seeing opportunity where others in the real estate industry only see challenges, Kennedy Wilson Multifamily Management Group (KW Multifamily), a Beverly Hills, CA-based apartment investor, and its partner PCCP, LLC (PCCP), an integrated real estate finance and investment management firm, have acquired […]

Florida’s Existing Home, Condo Sales Improve

ORLANDO, FL - August 15, 2008 - (RealEstateRama) — During the second quarter of 2008, Florida Realtors® continued to report positive signs for the state’s housing sector, such as an increase in pending home sales (based on contracts signed but not closed) and a slower rate of expansion of inventory levels in some areas.
Sales of both existing […]

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®.

REALTORS Report Foreigners Come to America to Buy Homes

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.

Pending Home Sales Rise, Wider Gains Anticipated as Buyers tap Housing Provisions

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®.

Foreclosure Activity UP 14 Percent in Second Quarter

Activity Increases 121 Percent From Q2 2007 95 of 100 Largest Metro Areas Post Annual Increases  
IRVINE, Calif. – August 3, 2008 - (RealEstateRama) —  RealtyTrac® (realtytrac.com), the leading online marketplace for foreclosure properties, today released its Q2 2008 U.S. Foreclosure Market Report™, which shows foreclosure filings were reported on 739,714 U.S. properties during the second quarter, […]

Massachusetts Home Sales Down in June and Second Quarter

Month-to-month gains continue and months of supply
down to its lowest level in a year
WALTHAM, Mass. - July 28, 2008 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) reported today that both single-family home sales and condominium sales were down 14.9 percent and 20.3 percent respectively in June compared to the same time last year. 

Florida’s Existing Housing Market Shows Improving Conditions in June 2008

ORLANDO, Fla., July 24, 2008 - (RealEstateRama) — Many Florida Realtors® statewide noted positive movement in their local housing markets in June, with an upswing in the statewide median price reported for both existing home sales and condominium sales over May 2008, according to the latest housing statistics released by the Florida Association of Realtors® […]