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Marketing & Statistics

December Existing-Home Sales Show Uptrend

Washington, DC - January 20, 2012 - (RealEstateRama) -- Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago, according to the National Association of Realtors®.

Single-Family Housing Starts Rise 4.4 Percent in December

WASHINGTON, D.C. - January 19, 2012 - (RealEstateRama) -- Nationwide production of new single-family homes rose 4.4 percent to a seasonally adjusted annual rate of 470,000 units in December, according to newly released figures from the U.S. Commerce Department. This marked a third consecutive increase and the fastest pace of single-family housing starts since April of 2010. Meanwhile, the overall number of housing starts for the month declined 4.1 percent to a 657,000-unit rate due to a 20.4 percent dip on the more volatile multifamily side.

Government-Mandated Down Payments would Block Creditworthy Home Buyers

WASHINGTON, D.C. - January 18, 2012 - (RealEstateRama) -- As federal regulators consider setting down-payment standards on new mortgages, a new study shows such rules could push 60 percent of creditworthy borrowers into high-cost loans or out of the market altogether.

CONSTRUCTION MATERIALS PRICES DROP AGAIN IN DECEMBER AS AMOUNT CONTRACTORS CHARGE IS STAGNANT FOR...

WASHINGTON, D.C. - January 18, 2012 - (RealEstateRama) -- The amount contractors pay for a range of key construction materials edged down 0.2 percent in December but climbed 5.3 percent from a year earlier, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Meanwhile, the amount contractors charge to construct projects remained largely flat for the month and is up only between 3.3 and 4.7 percent for the year, cutting into contractor earnings and adding to the challenges the hard-hit industry is facing, association officials said.

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - January 18, 2012 - (RealEstateRama) -- Mortgage applications increased 23.1 percent from one week earlier (last week’s results included an adjustment for New Years Day), according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 13, 2012.

South Carolina REALTORS® Release December 2011 Market Numbers

COLUMBIA, S.C. - January 17, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its December 2011 statewide market reports. New Listings in the state of South Carolina decreased 12.4 percent to 5,233. Pending Sales were up 11.4 ...

Green Street Realty Celebrates Milestone and Hosts Grand Opening Celebration of New Facility

Phoenix, AZ - January 17, 2012 - (RealEstateRama) -- Since the company’s inception and first closing two years ago, Green Street Realty has continued an upward trend of great significance. In just those two short years, Green Street Realty has surpas...

Lori Ballen with Keller Williams Realty Las Vegas fills room for Real Estate Internet...

Las Vegas, NV - January 13, 2012 - (RealEstateRama) -- LORI BALLEN , a leading real estate professional with KELLER WILLIAMS REALTY in LAS VEGAS, NEVADA who was previously awarded with the Internet Marketing Specialist designation for her proficiency i...

Voters Place High Value on Homeownership, Oppose Policies That Make It More Difficult to...

WASHINGTON, D.C. - January 11, 2012 - (RealEstateRama) -- By an overwhelming margin, American voters strongly value homeownership and would oppose efforts to weaken or eliminate the mortgage interest deduction or diminish a federal role to help qualified home buyers obtain affordable 30-year mortgages, according to a new nationwide survey gauging likely voters’ attitudes towards homeownership and housing policy issues.

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - January 11, 2012 - (RealEstateRama) -- Mortgage applications increased 4.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 6, 2012. The results include an adjustment to account for the New Year’s Day holiday.

Voit Reports Highest Positive Office Space Absorption In Single Quarter Since 2007

Orange County, CA - January 10, 2012 - (RealEstateRama) -- In the fourth quarter of 2011, the Orange County office market displayed positive net absorption for the sixth consecutive quarter, posting 819,510 square feet – the most occupation of space ...

List of Improving Housing Markets Nearly Doubles in January

WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- The number of housing markets showing measurable improvement nearly doubled in January with the addition of 40 new metros to the National Association of Home Builders/First American Improving Markets Index (IMI), released today. The IMI now boasts 76 improving markets, up from 41 in December, with 31 states and the District of Columbia represented by at least one entry.

National Loan Scam Prevention Database Surpasses Critical Milestone

WASHINGTON, D.C - January 6, 2012 - (RealEstateRama) -- The Loan Modification Scam Prevention Network (LMSPN) recently reached a critical milestone in the national effort to stop foreclosure rescue scams. Through the efforts of homeowners, housing counselors, advocates and Network partners from across the country, the national Loan Modification Scam Database, led by the Lawyers’ Committee for Civil Rights Under Law, has collected more than 20,000 scam complaint reports since its launch in March 2010.

Lee & Associates Riverside Releases Q4 Industrial Market Summary

Torrance, CA - January 6, 2012 - (RealEstateRama) -- The Riverside office of Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has released its Fourth Quarter 2011 Industrial Market Summary for manufacturing/distribu...

Mortgage Applications Decrease Over Two Week Holiday Period

WASHINGTON, D.C. - January 4, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the weeks ending December 23, 2011 and December 30, 2011.

CONSTRUCTION SPENDING HITS 17-MONTH HIGH IN NOVEMBER WITH MONTHLY GAINS IN ALL SEGMENTS BUT...

WASHINGTON, D.C. - January 3, 2012 - (RealEstateRama) -- Both Single- and Multifamily Homebuilding Improve from October and Year Ago; Private Nonresidential Increases from November 2010 are Widespread; Most Public Categories Drop from Year-Earlier Levels<

Pending Home Sales Rise Again in November, Highest in a Year-and-a-Half

Washington, DC - December 29, 2011 - (RealEstateRama) -- Pending home sales continued to gain in November and reached the highest level in 19 months, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 7.3 percent to 100.1 in November from an upwardly revised 93.3 in October and is 5.9 percent above November 2010 when it stood at 94.5. The October upward revision resulted in a 10.4 percent monthly gain.

New York State November 2011 home sales up slightly from November 2010

Albany, NY - December 28, 2011 - (RealEstateRama) -- New York State November home sales increased nearly 3 percent from last November, while the median sales price dipped slightly compared to November 2010, according to preliminary singlefamily sales d...

More than 7,000 Homes, Businesses Affected by Power Outage

SEATTLE - December 28, 2011 - (RealEstateRama) -- Gusty winds are causing scattered outages across Seattle City Light’s service territory Christmas day. Outages are leaving more than 7,000 customers without power. Some of the largest outages are in t...

New-Home Sales Rise for Third Consecutive Month in November

WASHINGTON, D.C. - December 23, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes edged up 1.6 percent to a seasonally adjusted annual rate of 315,000 units in November, according to newly released figures by the U.S. Commerce Department. This marks the third consecutive monthly gain in new-home sales and the fastest pace of such activity since April.

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Existing-Home Sales Vaulted 9.5% in February, Largest Monthly Increase in a...

Existing-home sales climbed in February, according to the National Association of REALTORS®. Among the four major U.S. regions, sales jumped in the West, South and Midwest, and were

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