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Monthly Archives: May 2011

Chronic Homelessness Drops 26 percent in Utah

SALT LAKE CITY, UT - May 12, 2011 - (RealEstateRama) -- Lieutenant Governor Greg Bell and the Division of Housing and Community Development released the results of a snapshot survey showing Utah’s homeless population during a press conference on W...

CONSTRUCTION MATERIAL COSTS OUTRUN FINISHED BUILDING PRICES AGAIN IN APRIL, PUTTING MORE CONTRACTORS AND...

WASHINGTON, D.C. - May 12, 2011 - (RealEstateRama) -- Contractors were only able to partially pass on the costs of rising petroleum and metals prices in April, according to an analysis of producer price index figures released today by the Associated General Contractors of America (AGC). Association officials said the resulting cost squeeze—a result of sluggish demand for construction—will push more construction employees and firms out of work unless public officials act promptly to encourage public and private investment.

Realtors® Urge Regulators to Rethink Mortgage Requirements

Washington, DC - May 12, 2011 - (RealEstateRama) -- A proposed rule to define qualified residential mortgages (QRM) under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) would unnecessarily restrict access to home ownership. Realtors® at the Real Estate Services Forum – The Impact of Dodd-Frank on Real Estate session today during the Realtors® Midyear Legislative Meetings & Trade Expo gained insights into the implications of a narrowly defined QRM.

Deadline extended for changes to residential refuse collection assessment

L?HU'E, HI - May 12, 2011 - (RealEstateRama) -- In response to the high volume of requests for changes and clarification, county officials have extended the deadline to May 31 for property owners to make changes to their residential refuse collection ...

Housing and Economic Forecasts Points to Rising Activity

WASHINGTON, DC - May 12, 2011 - (RealEstateRama) -- Home sales are expected to stay on an uptrend through 2012, although the performance will be uneven with mortgage constraints weighing on the market, according to experts at a residential real estate forum today at the Realtors® Midyear Legislative Meetings & Trade Expo here.

THREE MODEL AFFORDABLE HOUSING DEVELOPMENTS EARN PRESTIGIOUS HUD SECRETARY DESIGN AWARD

WASHINGTON, DC - May 12, 2011 - (RealEstateRama) -- Three affordable housing developments are the recipients of the HUD Secretary's Housing and Community Design Award for excellence in residential housing design.

ING CLARION PARTNERS ACQUIRES APARTMENT BUILDING IN BROOKLYN, N.Y. FOR $27 MILLION

NEW YORK, NY - May 12, 2011 - (RealEstateRama) -- ING Clarion Partners, a leading real estate investment management organization, has acquired 44 Berry Street in the Williamsburg neighborhood of Brooklyn for $27 million, it was announced today. The property, a 54,000 square foot, six-story, 42-loft unit apartment building includes six retail businesses on the ground floor and is fully leased.

Deputy Secretary Neal S. Wolin Written Testimony Before the Senate Committee on Banking, Housing,...

WASHINGTON, D.C. - May 12, 2011 - (RealEstateRama) -- Chairman Johnson, Ranking Member Shelby, and Members of the Committee, I appreciate the opportunity to provide an update on the Treasury Department’s implementation of the Dodd-Frank Act.

New FTC Rule Impacts Realtors®’ Short Sale Business

WASHINGTON, DC - May 12, 2011 - (RealEstateRama) -- A new rule from the Federal Trade Commission that aims to protect home owners from mortgage relief scams may impact real estate professionals who represent clients involved in short sale transactions. Several hundred Realtors® learned more about the new rule and its impact on their business at the “Risk Management and License Law Forum” during the Realtors® 2011 Midyear Legislative Meetings & Trade Expo in Washington, D.C. today.

Raleigh Realtor displays IDX synced search functions and thousands of property listings on her...

EUGENE, OR - May 12, 2011 - (RealEstateRama) -- Triangle MLS (TMLS) listings are now easier than ever to search through for Raleigh, North Carolina properties, thanks in large part to IDX, Inc. and Victoria Riddell. By choosing to upgrade her website with the innovative IDX Broker software she now hosts, Riddell has made finding a Raleigh area home monumentally simpler. The TMLS database of detailed listings makes it so easy for clients of Riddell to find their dream home online. The IDX enabled website of Riddell has forever changed the way Raleigh home seekers experience the online real estate market, thanks to the dynamic search tools Riddell now hosts.

GLVAR reports Las Vegas home sales strong in April

Las Vegas, NV - May 12, 2011 - (RealEstateRama) -- Statistics released today by the Greater Las Vegas Association of REALTORS® (GLVAR) show an increased number of local homes sold in April compared to one year ago.

NAR Awards Nearly $5 Million in Workforce Housing Grants

WASHINGTON, DC - May 12, 2011 - (RealEstateRama) -- Realtors® strive to preserve and expand housing opportunities in communities across the country, and the National Association of Realtors® supported many of these efforts through the Ira Gribin Workforce Housing Grants. NAR issued a final report, “Tackling Workforce Housing State by State,” on the grant program results today at the Realtors® Midyear Legislative Meetings & Trade Expo in Washington, D.C.

55+ Builders have Brighter View of Rental Home Market, NAHB Survey Shows

WASHINGTON, D.C. - May 12, 2011 - (RealEstateRama) -- Builder confidence in the 55+ housing market was markedly more upbeat in the first quarter of 2011 for apartment production and demand than for sales of single-family or condominium homes, according to a new survey released by the National Association of Home Builders (NAHB).The NAHB’s expected demand index for 55+ multifamily rental units rose 10 points, to 44, from a year earlier, while the 55+ Housing Market Indices for single-family units and condos declined 2 and 3 points, down to 17 and 8, respectively.

Loudoun County Green Building Efforts Pay Off in LEED Silver Rating

Leesburg, VA - May 11, 2011 - (RealEstateRama) -- Loudoun County has been awarded its first LEED-certified Silver rating from the U.S. Green Building Council (USBGC) for a county government capital project. LEED, or Leadership in Energy and Environmental Design, is an internationally-recognized green building certification system

Five New Hampshire Projects Receive Tax Credit Reservations

BEDFORD, N.H. - May 11, 2011 - (RealEstateRama) -- At its recent meeting, New Hampshire Housing Finance Authority’s Board of Directors approved the commitment of nearly $3 million in federal tax credits that will be used to support construction of 21...

City Rolls Out New Program to Boost Building Energy Efficiency

Seattle, WA - May 11, 2011 - (RealEstateRama) -- The City of Seattle sent letters to more than 800 large commercial property owners and managers today informing them about a new citywide program designed to help owners and managers assess and improve building energy efficiency and spur the market for building energy retrofits.

MassHousing Awards $150,000 for Affordable Sober Housing

BOSTON, MA - May 11, 2011 - (RealEstateRama) -- MassHousing has awarded $150,000 in financing to help create or preserve affordable sober housing in Sandwich and Tewksbury.

Fannie Mae’s National Housing Survey Shows Uptick in Consumer Attitudes Since December, But Rising...

WASHINGTON, DC - May 11, 2011 - (RealEstateRama) -- Fannie Mae's latest national housing survey finds that Americans expressed more cautious optimism during the first quarter of 2011 than in the fourth quarter of 2010, but they continue to lack confidence in the overall strength of the housing market and economic recovery. The First-Quarter 2011 Fannie Mae National Housing Survey polled homeowners and renters between January 2011 and March 2011. Findings were compared to similar surveys conducted throughout 2010 and December 2003.

Customizable IDX solution simplifies management of online real estate websites for agents and brokers

EUGENE, OR - May 11, 2011 - (RealEstateRama) -- IDX, Inc. and Oklahoma City Realtor Chris Moore have teamed up to revolutionize the online real estate search process for home seekers. The convenient IDX enabled website Moore hosts has been integrated w...

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - May 11, 2011 - (RealEstateRama) -- Mortgage applications increased 8.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 6, 2011.

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.