Housing & Development

Housing & Development

NAR Praises FHA’s Increased Stability

Washington, DC - November 17, 2010 - (RealEstateRama) -- The latest independent audit of the Federal Housing Administration shows the agency’s financial condition has improved from last year, when it announced its capital reserve fund had fallen below the 2 percent level mandated by Congress. The annual audit shows that the capital ratio for the single-family portfolio rose from 0.42 percent to 0.79 percent over the past year.

Housing Market Recovery Depends on Jobs, Access to Credit, Says NAR

Washington, DC - November 17, 2010 - (RealEstateRama) -- Although the recent trend of rising long-term borrowing rates may mean higher mortgages for consumers in the coming months, the greater obstacles to housing market recovery are job creation and availability of credit, according to a National Association of REALTORS® analysis.

Recipients of USGBC’s Affordable Green Neighborhoods Grant Program Announced at Greenbuild

Chicago, IL - November 17, 2010 - (RealEstateRama) -- Today, the U.S. Green Building Council (USGBC) and Bank of America announced the ten recipients of the Affordable Green Neighborhoods Grant Program. Funded by a $500,000 grant from the Bank of America Charitable Foundation, the program awards financial and educational resources to help neighborhood projects that have affordable green housing components in their plans pursue LEED for Neighborhood Development. LEED for Neighborhood Development is a green rating system from USGBC that certifies whole neighborhoods, portions of neighborhoods or multiple neighborhoods. The selected development projects were announced at the Affordable Housing Summit at USGBC’s Greenbuild International Conference & Expo

USDA Seeks Applications for Multi-Family Housing Rehabilitation Loans to Improve the Quality of Housing...

WASHINGTON, DC - November 16, 2010 - (RealEstateRama) -- Agriculture Under Secretary for Rural Development Dallas Tonsager today invited non-profit groups and public entities to apply for loans to rehabilitate multi-family housing in rural areas.

Bank of the Ozarks and FHLB Dallas Award Affordable Housing Grant to Assist Housing...

FAYETTEVILLE, AR - November 16, 2010 - (RealEstateRama) -- A $55,000 Affordable Housing Program (AHP) grant from Bank of the Ozarks and the Federal Home Loan Bank of Dallas (FHLB Dallas) will assist the Fayetteville Housing Authority with much needed repairs to apartments for very low-income residents.

House Approves Disaster Insurance Legislation

The House of Representatives on Thursday approved a bill that would help protect insurance markets in disaster-prone states from suffering devastating losses in the event of a catastrophic natural disaster.

Best And Worst U.S. Housing Markets

Scaled-back lending practices, risky loans, oversupply and low demand continue to plague the nation's housing markets, driving down prices and stalling sales.

SIPA Announces Call for Entries for Building Excellence Awards Competition

The Structural Insulated Panel Association (SIPA) is now accepting entries for the sixth annual Building Excellence Awards. This unique competition recognizes the exceptional projects that SIPA members build with energy efficient structural insulated panels (SIPs)

Sound Fundamentals Promise Improved Housing

Market It was a mystery that only the crack investigators at RSI — the REALTOR® Scene Investigation — could uncover.

Senate Banking Chairman Dodd Introduces Bills To Help Lower Costs For Homeowners And Businesses...

Washington, D.C., November 9, 2007 -- Recognizing that immediate assistance is needed for those living near coastal areas who are grappling with skyrocketing property insurance premiums, Senator Chris Dodd, D-Conn., Chairman of the Senate Banking, Housing and Urban Affairs Committee, today introduced two bills to help American homeowners and businesses lessen the financial strain experienced as a result of natural disasters

Best Cities to Live Well and Affordably

One of the best ways to live well is to choose a hometown that has access to arts, leisure, and entertainment offerings – plus a low cost of housing.

The economic outlook

November 8, 2007 -- Chairman Schumer, Vice Chairman Maloney, Representative Saxton, and other members of the Committee, thank you for inviting me here this morning to present an update on the economic situation and outlook.

Five Solutions for a Troubled Housing Market

How do you fix a troubled housing market? Forbes.com asked that question of a broad range of housing experts, including CEOs of real estate firms, real estate practitioners, economists from lending institutions, and research directors at analytics firms. Here are five of their best suggestions.

New Report Outlines Methods for Increasing Investments in Supportive Housing

WASHINGTON - November 7, 2007 - The Supportive Housing Investment Partnership, a collaboration between Enterprise Community Partners and the Corporation for Supportive Housing, recently released a comprehensive update on how states are using innovative policies to produce permanent affordable housing with support services to address homelessness.

Home Owners Still Remodeling, But Watching

Interest in remodeling remains high, but home owners are more conservative about costs in light of declining home prices, a survey of 5,000 U.S. home owners by Remodelestimates.com found.

Chairman Thompson Introduces The Safe and Healthy Emergency Housing Act

WASHINGTON, November 6, 2007 – Today, Rep. Bennie G. Thompson (D-MS), Chairman of the Committee on Homeland Security, released the following statement of introduction for H.R. 4079, the “Safe and Healthy Emergency Housing Act of 2007”

Real Estate Industry Groups Warn of Severe Economic Impact from Proposed Tax Increase on...

WASHINGTON, Nov 2 /PRNewswire-USNewswire/ -- A proposed tax increase on a partnership's long-term investment return that was approved yesterday by the House Ways and Means Committee poses a severe economic threat to economic growth, jobs and the tax base, according to a group of twelve national real estate organizations.

Energy ratings not a deal breaker, but buyers likely to act on EPC advice

The average home buyer will not be put off a potential property if it has a poor energy rating, according to Legal & General. However, they would be likely to act on the energy saving proposals made in an energy performance certificate (EPC). Three months on from the launch of Home Information Packs (HIPS), the Government has said that most homes are receiving an ‘E’ rating on an A-G scale, but this could rise to a ‘C’ relatively easily.

Help Very Low-Income Elderly And People With Disabilities

WASHINGTON, October 26, 2007 - It will soon be easier for thousands of senior citizens and people with disabilities to find affordable housing, thanks to more than $643 million in housing assistance grants announced today by U.S. Housing and Urban Development Secretary Alphonso Jackson.

"This Administration is committed to making sure our senior citizens and people with disabilities have opportunities to find decent housing that they can afford," said Jackson. "Neither group should ever have to worry about being able to find a safe place to live.

Full Senate Votes to Increase LSC’s Budget

Washington, DC, October 17, 2007 -- By a vote of 75-19, the full U.S. Senate last night approved the FY 2008 Commerce, Justice, Science, and Related Agencies (CJS) funding bill, providing a $41.4 million or 12 percent budget increase for the Legal Services Corporation (LSC), the nation's single largest source of funding for civil legal aid for the poor. LSC would receive a total of $390 million, approaching the $400 million received in FY 1995, the high-water mark in the Corporation's 33-year history.

Author: NAR - National Association of REALTORS

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842 Press Releases

Random NAR Press Releases

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NAR Tech Edge Events Keep Realtors® Apprised of Latest Tools

Technology is transforming how Realtors® conduct business and communicate with clients. Now more than ever, Realtors® know the importance of staying up-to-date with the new and emerging technologies that are essential to the real estate business. To help Realtors® stay well informed of the latest business technology skills and trends changing the real estate industry, the National Association of Realtors® is continuing its one-day technology conference series, NAR Tech Edge.

Mastering Foreclosures

Recent NAR Press Releases

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Number of Real Estate Teams is Growing, NAR Survey Finds

Teams are becoming more common in the real estate industry as an increasing number of Realtors®, members of the National Association of Realtors®, consider themselves a member of a real estate team, according to a new survey by NAR.