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Property, Rentals, Transactions

Energy Department Invests $67 Million to Advanced Nuclear Technology

WASHINGTON, D.C. – August 20, 2014 – (RealEstateRama) — Building on President Obama’s Climate Action Plan and the Administration’s efforts to expand clean energy innovation, the Energy Department announced today nearly $67 million in nuclear energy research and infrastructure enhancement awards. 83 projects were selected from across the country based on their potential to create scientific breakthroughs that both help strengthen the nation’s energy security and reduce harmful greenhouse gas emissions.

NAR Announces Launch of .REALTOR Top-Level Domain

WASHINGTON – August 19, 2014 – (RealEstateRama) — The National Association of Realtors®’ new .REALTOR top-level domain will be available October 23, 2014 to members of NAR and the Canadian Real Estate Association.

Realtors® Join FHFA in Georgia to Inform Homeowners about HARP Benefit

ATLANTA – August 19, 2014 – (RealEstateRama) — More than 34,000 Atlanta residents are potentially eligible to reduce their mortgage payments under the Home Affordable Refinance Program, or HARP, according to Federal Housing Finance Agency Director Mel Watt and the National Association of Realtors®, who are participating in a special town hall meeting in Atlanta today for community leaders and real estate professionals.

EPA Awards $120,000 in Urban Waters grants to Revitalize Mystic River Watershed

BOSTON – August 19, 2014 – (RealEstateRama) — In two separate grants, EPA is awarding $120,000 to two organizations working to clean up the Mystic River Watershed, just outside Boston, Mass. The two Mystic River Watershed grants are part of $2.1 million EPA awarded nationally to 37 organizations in 17 states and Puerto Rico to help restore urban waters, improve water quality, and support community revitalization and other local priorities.

CBRE SELECTED TO LEASE BUILD-TO-SUIT CLASS A OFFICE IN TAMPA

Tampa, FL – August 19, 2014 – (RealEstateRama) — CBRE has been selected by the Ryan Companies as the exclusive leasing agent for Southern Oaks at Telecom Park, a two-building Class A office complex with a total of 230,000 rentable square feet, located at 7810-7860 East Telecom Parkway in Temple Terrace, Florida. This pre-lease/build-to-suit property is registered for LEED certification and offers large, collaborative floor plates of 28,750 rentable square feet

CFO and State Fire Marshal Jeff Atwater Announces New Developments in Sanford Arson Investigations

SANFORD – August 19, 2014 – (RealEstateRama) — Chief Financial Officer Jeff Atwater, who also serves as Florida’s State Fire Marshal, today announced the arrest of Sanford resident Curtis Smith on arson charges related to a recent mobile home fire in Sanford and asked for the public’s help to locate Smith’s half-brother, Steven Angle, as he may have information to assist in the investigation surrounding 10 other fires set in Sanford and the surrounding rural areas. The CFO also announced the reward for information leading to a conviction in the Sanford fires has been increased to $11,000

U.S. District Court for the District of Wyoming Rules in MERS’ Favor

Reston, Virginia, – August 19, 2014 – (RealEstateRama) — MERSCORP Holdings, Inc. today announced that the U.S. District Court for the District of Wyoming dismissed without prejudice the plaintiffs’ wrongful foreclosure claims

Home-Price Gains Decelerate in Many Metro Areas during Second Quarter

WASHINGTON – August 12, 2014 – (RealEstateRama) — Home-price growth continued to moderate in many metropolitan areas in the second quarter and national year-over-year price appreciation is now at its slowest pace since 2012, according

New Credit Scoring Calculation Will Improve Access to Homeownership, Say Realtors®

WASHINGTON – August 11, 2014 – (RealEstateRama) — The following is a statement by National Association of Realtors® President Steve Brown:

Three Moses Lake neighborhoods transformed as residents buy the land beneath their homes

MOSES LAKE, Wash. – August 7, 2014 – (RealEstateRama) — Homeowners in three “mobile-home parks” in this city of about 20,000 took control of the land beneath their homes when they formed three cooperatives and became not just homeowners, but landowners, too.

A $1,000 Increase in Home Prices Keeps More than 200,000 Households Out of the Market

WASHINGTON, D.C. – August 5, 2014 – (RealEstateRama) — Each $1,000 increase in the cost of a new median-priced home price forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders (NAHB).

Updater and zipLogix Partner to Simplify the Moving Process

CHICAGO – July 29, 2014 – (RealEstateRama) — Updater and zipLogix, both investments of the National Association of Realtors®, announced a partnership to help real estate professionals streamline the moving process for their clients from within zipForm®. The technology collaboration will enable zipLogix users to seamlessly offer their clients Updater’s personalized and guided experience for completing moving-related tasks. Updater’s web application helps clients update their new address across all accounts and subscriptions, transfer utilities, forward mail with the U.S. Postal Service, and much more

Realtors® Environmental Summit Evaluates Potential Risks to Real Estate

WASHINGTON – July 29, 2014 – (RealEstateRama) — Realtor® leaders are hearing from the nation’s foremost experts on environmental risk management during the National Association of Realtors® first environmental summit. The slate of distinguished speakers includes Dan Glickman, who served as the Secretary of Agriculture under President Clinton, and Tom Ridge, first Secretary of U.S. Department of Homeland Security, former Governor of Pennsylvania, president and CEO of Ridge Global and partner at Ridge-Schmidt Cyber.

Nonresidential Building Activity Expected in Increase in 2015

WASHINGTON, D.C. – July 28, 2014 – (RealEstateRama) — July 28, 2014 – Due to the weather-related slow start in the nonresidential building market during the first part of the year, and the prolonged weakness in the institutional sector, construction spending projections for the rest of the year have been lowered slightly. The commercial construction sector is still looking at solid spending increases throughout the remainder of 2014, paced by high levels of demand for hotels and office buildings. The American Institute of Architects’ (AIA) semi-annual Consensus Construction Forecast, a survey of the nation’s leading construction forecasters, is projecting that spending will see a 4.9% increase in 2014 – down from the previous estimate of 5.8%, with next year’s projection holding at 8%

Pending Home Sales Slip in June

WASHINGTON, D.C. – July 28, 2014 – (RealEstateRama) — After three consecutive months of solid gains, pending home sales slowed modestly in June, according to the National Association of Realtors®.

Existing-Home Sales Up in June, Unsold Inventory Shows Continued Progress

WASHINGTON, D.C. – July 23, 2014 – (RealEstateRama) — Existing-home sales increased in June and reached an annual pace of 5 million sales for the first time since October 2013, while rising inventory continues to push overall supply towards a more balanced market, according to the National Association of Realtors

Federal Home Loan Bank of Boston Requests Nominations for 2015 Advisory Council

WASHINGTON, D.C. – July 23, 2014 – (RealEstateRama) — The Federal Home Loan Bank of Boston is now accepting nominations to fill five vacancies on its 2015 Advisory Council. The vacant seats will be filled by individuals actively involved in providing or promoting housing and community lending in Connecticut, Massachusetts, New Hampshire, Rhode Island, and Vermont.

National Association of Realtors® Announces Major National Advertising Campaign

WASHINGTON – July 14, 2014 – (RealEstateRama) — As a new generation of home buyers enters into recovering real estate markets across the country, the National Association of Realtors® today announced the launch of a major national advertising campaign in conjunction with realtor.com®, as well as a comprehensive public relations effort, “Real Insight,” which together will showcase the value of the local knowledge and accurate data available to consumers through Realtors® and

Realtors® Applaud Confirmation of Castro as HUD Secretary

WASHINGTON, D.C. – July 11, 2014 – (RealEstateRama) — The following is a statement by National Association of Realtors® President Steve Brown: “The National Association of Realtors® commends the U.S. Senate today for approving the nomination of San Antonio Mayor Julian Castro to serve as the Secretary of the Department of Housing and Urban Development

International Home Buyers Continue to Invest in Profitable U.S. Market, Realtors® Report

WASHINGTON, D.C. – July 8, 2014 – (RealEstateRama) — Favorable exchange rates, affordable home prices and rising affluence abroad continue to drive international buyers to the U.S. to purchase properties and make real estate investments