Housing & Development

WASHINGTON, DC - March 27, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan and U.S. Department of Veterans Affairs Secretary Eric K. Shinseki announced today that HUD will provide $72.6 million to public housing agencies in all 50 states and the District of Columbia to supply permanent housing and case management for more than 10,000 homeless veterans.

Washington, DC - March 27, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.08 percent based on loans closed in February. Beginning this month, FHFA is calculating interest rates using un-weighted survey data. For January, a comparable rate based on unweighted data would have been 4.18 percent.

WASHINGTON, DC - March 27, 2012 - (RealEstateRama) -- New energy codes could add thousands of dollars to the construction costs of each individual apartment residence in a multifamily building, according to new research commissioned by the National Multi Housing Council (NMHC) and the National Apartment Association (NAA). The research examines the costs of adopting the 2009 and just released 2012 International Energy Conservation Code (IECC). View the full report online at www.nmhc.org/goto/IECC-Study.

UNION TOWNSHIP, N.J. - March 26, 2012 - (RealEstateRama) -- At least once a month, residents of The Club at Autumn Ridge in Union Township gather in the active adult community’s clubhouse for Nintendo Wii bowling, pizza and casual conversation. On ot...

Elizabeth Township, PA - March 26, 2012 - (RealEstateRama) -- After eight years serving the local community, one busy local real estate Broker is affiliating with a global network and one of the most respected names in the industry, RE/MAX.

WASHINGTON, DC - March 26, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development’s Mortgagee Review Board (MRB) today announced that it is immediately and permanently withdrawing approval for AmericaHomeKey, Inc. (AHK)to originate and underwrite new mortgages insured by the Federal Housing Administration (FHA). In addition, the MRB is imposing $268,000 in penalties against the Dallas-based mortgage lender for repeated and serious violations of FHA requirements.

KEY WEST, FL - March 26, 2012 - (RealEstateRama) -- Tourism will be the key to boosting the 2012 Key West Florida real estate market according to local REALTOR® Sean Farrer.

Las Vegas, NV - March 26, 2012 - (RealEstateRama) -- The Ballen Group, a top team of Las Vegas Short Sale Specialists under the brokerage Keller Williams Realty Las Vegas has put together a comprehensive Las Vegas Short sale system for sellers. Homeown...

WASHINGTON, D.C. - March 23, 2012 - (RealEstateRama) -- Sales of newly built, single-family homes slowed 1.6 percent to a seasonally adjusted annual rate of 313,000 units in February, according to data jointly released by HUD and the U.S. Commerce Department today

WASHINGTON, DC - March 23, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today awarded $110.8 million in grants to 43 local projects to conduct a wide range of activities intended to protect children and families from potentially dangerous lead-based paint and other home health and safety hazards (see chart below).

Washington, DC - March 22, 2012 - (RealEstateRama) -- U.S. house prices were unchanged on a seasonally adjusted basis from December to January, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.7 percent increase in December was revised downward to reflect a 0.1 percent increase. For the 12 months ending in January, U.S. prices fell 0.8 ercent. The U.S. index is 19.2 percent below its April 2007 peak and roughly the same as the February 2004 index level

BOSTON, MA - March 22, 2012 - (RealEstateRama) -- Boston MA real estate team MassMLSHomes.com has launched a new website with unusually complete and fresh listing data, says team leader Abe Hantout, REALTOR®.

ATLANTA, GA - March 22, 2012 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), one of the largest, privately held non-bank lenders in the US, is pleased to announce a new addition to their Atlanta area team in Duluth, GA. Effective immed...

WASHINGTON, D.C. - March 22, 2012 - (RealEstateRama) -- Long-time local builder and developer Kevin Kelly, president of Leon N. Weiner and Associates, met recently with HUD Secretary Shaun Donovan and Federal Reserve Chairman Ben Bernanke to discuss pr...

WASHINGTON, DC - March 22, 2012 - (RealEstateRama) -- Every day across this country, hundreds of community-based foundations are improving the lives of residents and the neighborhoods where they live. These foundations often do their philanthropic work without much recognition – until now. The U.S. Department of Housing and Urban Development (HUD) is collaborating with the Council on Foundations in the launch of a new awards program to recognize community foundations for the excellent work they do along with their public partners in the area of housing and community development

NEW BRUNSWICK, N.J. - March 22, 2012 - (RealEstateRama) -- The first residents have begun moving into The Vue, the new luxury building in the heart of downtown New Brunswick featuring a unique mix of rental residences and Penthouse condominiums and dir...

WASHINGTON, D.C. - March 21, 2012 - (RealEstateRama) -- Students at two universities will benefit from improved residential construction management programs due to grants from the Homebuilding Education Leadership Program (HELP) of the National Housing Endowment, the philanthropic arm of the National Association of Home Builders (NAHB). The grants were announced at the NAHB Student Chapter Award Ceremony at the International Builders’ Show in Orlando in February.

MORRISTOWN, N.J - March 21, 2012 - (RealEstateRama) -- Dr. Avi Nahum and Jean Holloway were enjoying life in a beautiful condo in one of Minneapolis’ most desirable, pedestrian-friendly neighborhoods when Mrs. Holloway was offered a job with a medica...

WASHINGTON, D.C. - March 21, 2012 - (RealEstateRama) -- Long-time local builder and developer Kevin Kelly, president of Leon N. Weiner and Associates, met recently with HUD Secretary Shaun Donovan and Federal Reserve Chairman Ben Bernanke to discuss problems affecting the home building industry and policies that will help the housing market recover.

Torrance, CA - March 21, 2012 - (RealEstateRama) -- Already a leading builder of campus buildings and laboratories, C.W. Driver will make its mark on one of the world’s preeminent research institutions when it completes six simultaneous projects at t...