Archives

Debris Removal On Private Property Requires Owners Consen

BIRMINGHAM, AL - May 31, 2011 - (RealEstateRama) -- Operation Clean Sweep is in full swing to pick up and remove tornado debris in eligible jurisdictions by the recently extended deadline of July 12. Property owners can help expedite debris removal by completing paperwork allowing debris teams to enter private property.

Shanta Patton- Patton Team – Realty ONE Group Earns Real Estate, Short Sale Designation...

Las Vegas, NV - May 31, 2011 - (RealEstateRama) -- Shanta Patton of Realty ONE Group in Las Vegas has earned the prestigious Certified Distressed Property Expert® (CDPE) designation, having completed extensive training in foreclosure avoidance, with a particular emphasis on short sales. At a time when millions of homeowners are struggling with the possibility of foreclosure, the skills and education amassed by Patton will help benefit Las Vegas/Henderson area residents and communities.

“New Normal” Favors Renting, Requires Updated Housing Policy

WASHINGTON, DC - May 31, 2011 - (RealEstateRama) -- The “new normal” favors more renting, which requires new thinking about our housing policy, according to speakers at the National Multi Housing Council’s (NMHC) Mid-Year Apartment Strategies/Finance Conference and Board of Directors meeting held this week in Palm Beach, FL.

Delinquency and Foreclosure Trends: Housing Market Remains Shaky

WASHINGTON, D.C. - May 27, 2011 - (RealEstateRama) -- The latest National Delinquency Survey issued by the Mortgage Bankers Association for the first quarter shows late mortgage payments and foreclosure starts have been dropping since the end of 2009. However, when you view the bigger picture, the housing market remains shaky, with millions of homeowners still at risk of losing their home.

HUD RELEASES FINAL BLOCK GRANT ALLOCATIONS FOR FY 2011

WASHINGTON, DC - May 27, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced the final Fiscal Year 2011 block grant allocations to approximately 1,200 state and local governments under the Community Development Block Grants (CDBG), HOME Investment Partnerships (HOME), Housing Opportunities for Persons with AIDS (HOPWA), and the Emergency Shelter Grant Program (ESG). Read more about how HUD’s block grant programs will be allocated at the state and local level.

HUD AWARDS $15 MILLION TO HELP PUBLIC HOUSING RESIDENTS OBTAIN JOBS, ECONOMIC INDEPENDENCE

WASHINGTON, DC - May 27, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development awarded today nearly $15 million to more than 200 public housing authorities across the U.S. to help public housing residents find jobs that lead them toward economic independence. For information on local funding amounts, visit HUD’s

OHFA PARTNERS WITH OSU TO LAUNCH THE HOMEOWNERSHIP INVESTMENT PROGRAM

COLUMBUS, OH - May 26, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) is partnering with The Ohio State University (OSU) to launch the Homeownership Investment Program. The program will provide additional support for OHFA homeowners before and after they purchase their home, to increase their mortgage sustainability and overall financial well-being. The new program will enhance the streamlined homebuyer education currently offered by the Agency in conjunction with OHFA's successful affordable mortgage program for first-time homebuyers.

Census Bureau Reports Housing is Top Reason People Moved Between 2009 and 2010

WASHINGTON, D.C. - May 26, 2011 - (RealEstateRama) -- The U.S. Census Bureau announced today that among those who moved between 2009 and 2010, more than four out of 10 (16.4 million or 43.7 percent) did so for housing-related reasons, such as the desire to live in a new or better home or apartment, according to data from Geographical Mobility: 2010. Among other reasons for moving, people cited family concerns (30.3 percent), such as a change in marital status, employment needs (16.4 percent) and other factors (9.5 percent).

HUD Awards $18.4 Million To Revitalize Severely Distressed Public Housing In Paterson

NEWARK, NJ - May 26, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Deputy Secretary Ron Sims today awarded $18.4 million to revitalize the Alexander Hamilton development in Paterson, NJ. The high and low-rises formerly on the site will be replaced with 201 townhouse rental and for-sale units, as well as 70 off-site rental units for seniors. Sims made the announcement at the Paterson Housing Authority site, and was joined by Senator Frank Lautenberg, Congressman Bill Pascrell, Paterson Mayor Jeffrey Jones, and Paterson Housing Authority Executive Director Irma Gorham

St. Louis Fed, UMSL To Host Housing Data Conference on June 2; Program Will...

ST. LOUIS, MO - May 26, 2011 - (RealEstateRama) -- While publically available data can provide valuable information on broad housing market conditions in the St. Louis region, these sources do not pinpoint regional, county, or neighborhood house-price trends. Even expensive proprietary data may not be satisfactory.

Idaho Housing and Finance Association Welcomes John Insinger to Board of Commissioners

BOISE, ID - May 26, 2011 - (RealEstateRama) -- John Insinger has been appointed to Idaho Housing and Finance Association’s (IHFA’s) Board of Commissioners. Insinger is currently an “of counsel” attorney to two law firms in Boise, Risch Pisca, LLP, and Goss Gustavel Goss, PLLC. As a partner of Risch Goss Insinger Gustavel, he spent 35 years as a private law practitioner focusing in general and commercial transactions and litigation.

Lawmakers Must Consider Apartment Sector’s Unique Needs as They Weigh Housing Finance Reform Options

WASHINGTON, DC - May 26, 2011 - (RealEstateRama) -- A government-supported secondary market is absolutely critical to the apartment industry if it is to continue meeting the nation’s demand for affordable and workforce housing, according to testimony given today by Mark J. Parrell, Executive Vice President and Chief Financial Officer of Equity Residential.Parrell testified today on behalf of the National Multi Housing Council (NMHC) and the National Apartment Association (NAA) before the Senate Banking Committee’s hearing on housing finance reform.

Housing Construction in California Rises in April, CBIA Announces

SACRAMENTO, CA - May 26, 2011 - (RealEstateRama) -- Total housing starts in California, as measured by the number of building permits issued, rose 2 percent in April, the California Building Industry Association announced today.

HUD CHARGES NEW HAMPSHIRE LANDLORD FOR REFUSING TO RENT TO FAMILIES WITH CHILDREN

WASHINGTON, DC - May 26, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging the owner of a five-unit apartment building in Lebanon, NH, with violating the Fair Housing Act for allegedly refusing to rent one of the building’s three residential units to families with children. HUD is bringing the charge on behalf of a mother with two children, who alleged that the owner, Robert Gerow, dared her to “turn him in” when she protested that his refusal to rent to children was unlawful.

NAHB Honors David Reznick for Committment to Affordable Housing

WASHINGTON, D.C. - May 26, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) named David Reznick, co-founder and chairman of the board of Reznick Group, P.C., the 2011 recipient of the Daniel M. Grady Memorial Award, in recognition of his more than 30 years of contributions and dedication to the cause of affordable housing.

Builders Urge Congress to Maintain Ongoing Federal Role to Ensure a Healthy Mortgage Market

WASHINGTON, D.C. - May 26, 2011 - (RealEstateRama) -- With some members of Congress actively pushing to abolish Fannie Mae and Freddie Mac and end the federal backstop for housing, the National Association of Home Builders (NAHB) told Congress today that maintaining an appropriate level of government support is absolutely essential to preserve financial stability.

Congresswoman Waters on Future Role of FHA, RHS and GNMA

Washington, DC - May 26, 2011 - (RealEstateRama) -- Congresswoman Maxine Waters (D-Calif.), a senior member of the Financial Services Committee and a leading champion for homeowners, delivered the following remarks today during a Subcommittee on Housing, Insurance, and Community Opportunity Hearing on “Legislative Proposals to Determine the Future Role of FHA, RHS and GNMA in the Single-and Multi-Family Mortgage Markets.”

California Housing Affordability Increases in First Quarter, CBIA Announces

SACRAMENTO, CA - May 26, 2011 - (RealEstateRama) -- Overall housing affordability in California continued to increase in the first quarter of 2011, but half of the state’s 28 metropolitan areas included in the report showed decreases, the California Building Industry Association announced today.

MBA’s Berman Testifies on the Role of FHA, Ginnie Mae and RHS in the...

WASHINGTON, D.C. - May 25, 2011 - (RealEstateRama) -- Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association, testified today before the U.S. House of Representatives Financial Services Subcommittee on Insurance, Housing and Community Opportunity at a hearing entitled "Legislative Proposals to Determine the Future Role of FHA, RHS and GNMA in the Single-and Multi-Family Mortgage Markets."

Realtors® Advocate Higher Loan Limits and Low Down Payment for FHA

Washington, DC - May 25, 2011 - (RealEstateRama) -- The Federal Housing Administration plays a critical role in the nation’s housing financing system, providing safe, affordable mortgage financing to consumers in all markets during all economic conditions, the National Association of Realtors® said in testimony today

Business Real Estate Press Releases

Top Tips For Buying Your First Home

Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.

Recent Gov & Nonprofit Real Estate Press Releases

Enterprise Community Partners

Brian McLaughlin to lead Enterprise Community Development, one of the nation’s...

Brian McLaughlin has been named president and CEO of Enterprise Community Development (ECD), a new organization that brings together two of the Mid-Atlantic’s leading developers and managers of affordable, well-designed homes: Community Preservation