Investing

HUD charges Atlanta-area real estate agent and company with racial steering in the sale of homes

WASHINGTON - September 24, 2008 - (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged Rodney Foreman, a real estate agent formerly employed by Coldwell Banker-Joe T. Lane Realty, Inc., in Jonesboro, Georgia, with racial steering in the sale of homes.

Lugar Sponsors Homeownership and Preservation Expo

IN - September 23, 2008 - (RealEstateRama) — U.S. Sen. Dick Lugar will sponsor a Homeownership and Preservation Expo on Thursday, September 25, 2008, from 4:00-8:00 p.m. at the Evansville Vanderburgh Central Library.  The Expo will include exhibits from local housing and consumer counseling agencies, and one-on-one confidential counseling in English and Spanish will also […]

C.A.R. 2008 Survey of California Home Buyers

Home price declines, low mortgage rates motivating home buyers, according to C.A.R.’s “2008 Survey of California Home Buyers”
Seventy-seven percent of first-time home buyers say lower home prices played critical role in decision to purchase a home

NAR’S ePROPERTY Data Powers New Commercial and Investment Search Capability on Realtor.com

WASHINGTON, D.C. - September 10, 2008 - (RealEstateRama) —The National Association of Realtors® and Move Inc. have completed an agreement under which Move Inc. will provide commercial and investment real estate information on behalf of NAR’s commercial members through Move Inc.’s network.

Housing at Its Most Affordable Level in Four Years

AL - September 5, 2008 - (RealEstateRama) — Housing affordability improved from April to June of this year for the third consecutive quarter, according to the most recent survey results of the NAHB/Wells Fargo Housing Opportunity Index HOI), which were released on Aug. 19.

Alaska Home Buyers Remain Confident in the Housing Market

Despite National Decrease in Consumer Confidence
Anchorage, AK - September 4, 2008 - (RealEstateRama) — Recent studies indicate that Alaskans remain confident in the housing market, despite a national decrease in consumer confidence.

Short sale doc stamp problems causing angst at closing time

TALLAHASSEE, FL – September 3, 2008 - (RealEstateRama) —Should documentary stamp taxes levied against a short sale be based on the sale amount or on the sale amount plus money forgiven by the original lender? It’s a simple question without a simple answer, and it impacts closings in Florida.

July Existing-Home Sales Show Gain

WASHINGTON, August 26, 2008 - (RealEstateRama) — Existing-home sales rose in July to the highest level in five months, although sales have hovered in a relatively narrow range over the past 11 months, according to the National Association of Realtors®.

Businesses Honored for Contributions to Lower-Income Communities

Chicago, IL - August 20, 2008 - (RealEstateRama) —NeighborWorks® has announced the most generous contributors to its work in affordable housing, foreclosure intervention and community development for FY 2007.  The organizations were presented with the annual NeighborWorks® Partner Awards at a ceremony in Chicago on August 19.

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 […]