News
Property, Rentals, Transactions

Treasurer McCord: Unclaimed Property Owed to Food Banks, Shelters, Charities Can Help Make Season Brighter for Needy PA Families

Harrisburg – December 18, 2014 – (RealEstateRama) — More than $224,000 in unclaimed property is owed to food banks, shelters, missions and other charitable organizations throughout the commonwealth, including Goodwill Industries and the Salvation Army, State Treasurer Rob McCord reported today. The treasurer and his Return Team urged these groups and others like it to search patreasury.gov to find out if Treasury holds property belonging to them

Governor Kitzhaber Announces Awards to Build Affording Housing Across Oregon

Salem, OR – December 18, 2014 – (RealEstateRama) — Governor Kitzhaber and Oregon Housing and Community Services are pleased to announce the awarding of funds to build or preserve 14 apartment complexes across Oregon, providing critical housing to low-income Oregonians. The State Housing Council on Friday approved grants and tax credits across Oregon ā€“ from St. Helens to Medford, and from Hillsboro to Prineville to LaGrande.

Menendez, Booker Continue to Fight for Struggling NJ Homeowners

SAYREVILLE, NJ – December 18, 2014 – (RealEstateRama) — A day after the United States Senate approved a one-year extension of a series of tax breaks, Senators Robert Menendez and Cory Booker today met with Sayreville homeowners to discuss the important of extension of mortgage debt reduction tax relief, especially for Sandy victims still struggling to recover. They also announced more than $3 million in federal funding to continue the acquisition and demolition of 196 flood prone properties in Sayreville.

Architects Issue Statement on Congressional Extension of 179D Energy Efficient Commercial Building Tax Deduction

WASHINGTON, D.C. – December 18, 2014 – (RealEstateRama) — The American Institute of Architects (AIA) today praised the Senateā€™s vote to extend the 179D energy efficient commercial building tax deduction just prior to adjourning for the year

Statewide home sales remain subdued in November as year ends

LOS ANGELES – December 18, 2014 – (RealEstateRama) — Slower price gains and the lowest interest rates in nearly two years did little to spur November home sales as low housing affordability and tight supply conditions remained obstacles to entering the market for would-be buyers, the CALIFORNIA ASSOCIATION OF REALTORSĀ® (C.A.R.) said today

RealtorsĀ® Applaud Final Passage of Legislation to Extend Key Real Estate Tax Provisions

WASHINGTON, D.C. – December 18, 2014 – (RealEstateRama) — The following is a statement by National Association of RealtorsĀ® President Chris Polychron ā€œThe package of tax extensions approved by the U.S. House and Senate, and headed to the Presidentā€™s desk for signature, includes important provisions that will help distressed homeowners and commercial property investors with transactions made during 2014. NAR applauds Congressional leaders in both chambers for their effort to pass this legislation before adjournment

RealtorsĀ® Disappointed Senate Failed to Reauthorize Federal Terrorism Risk Insurance Program

WASHINGTON, D.C. – December 18, 2014 – (RealEstateRama) — The following is a statement by National Association of RealtorsĀ® President Chris Polychron:

Treasurer McCord: This Holiday Season, Treasury Has List of Pennsylvanians Owed Unclaimed Property, So Make Sure to Check it Twice

Harrisburg – December 17, 2014 – (RealEstateRama) — Santa Claus isnā€™t the only one with a list this holiday season, State Treasurer Rob McCord reminded Pennsylvanians today as he urged them to check the stateā€™s unclaimed property list at patreasury.gov. The treasurer highlighted holiday-themed names in his departmentā€™s database to encourage residents to check the list (more than twice) to find out if Treasury holds lost or forgotten money and items for them or their family and friends

NEW JERSEY REALTORS ANNOUNCES 2015 OFFICERS

Atlantic City, N.J. – December 16, 2014 – (RealEstateRama) — On December 9, New Jersey Realtors held its Presidentā€™s Installation and Gala during the fourteenth annual Realtors Triple Play Convention & Trade Expo, where Eugenia K. Bonilla was named 2015 president

ADOT&PF Reminds Property Owners About Driveway Snow Removal

FAIRBANKS, Alaska – December 16, 2014 – (RealEstateRama) — Every year, the Alaska Department of Transportation and Public Facilities (ADOT&PF) receives questions focused on two areas of driveway plowing

Dorchester, Mass. Landlords Will Remove Lead Hazards from Residential Properties under EPA Settlement

BOSTON – December 16, 2014 – (RealEstateRama) — Two Boston-area landlords will perform health-protective improvements on five Dorchester, Mass. properties to settle EPA claims that they failed to follow federal lead paint disclosure laws.

Continuing Education Changes for Real Estate Brokers & Salespersons Effective January 1, 2015

WASHINGTON, D.C. – December 15, 2014 – (RealEstateRama) — A new law which becomes effective January 1, 2015, impacts real estate brokers and salespersons, and real estate education sponsors by removing continuing education preapproval and reporting requirements. Gov. Rick Snyder signed Senate Bill 641 into law on April 7, 2014, which became Public Act 106 of 2014

Sanders Welcomes Funding for Affordable Rental Housing

WASHINGTON, – December 12, 2014 – (RealEstateRama) — Sen. Bernie Sanders (I-Vt.), a national leader in efforts to increase affordable housing, welcomed a move today that could free up hundreds of millions of dollars to expand affordable rental housing nationwide

NAIOP CEO Discusses TRIA on Fox Business News

WASHINGTON, D.C. – December 12, 2014 – (RealEstateRama) — NAIOP President and CEO Thomas Bisacquino spoke with Fox Business News on behalf of the industry in a call for Congress to extend the Terrorism Risk Insurance Act (TRIA), passed overwhelmingly in the House with a vote of 417-7 and is now in the Senate for their immediate consideration. This legislation is key to preventing disruption in the CRE markets

RealtorsĀ® Call for Policy Changes to Aid First-Time Buyers, Strengthen Housing Market

WASHINGTON – December 11, 2014 – (RealEstateRama) — Congress and the administration must address key policy issues in order to facilitate a healthy real estate market that serves current and future homeowners and drives the national economy forward, said the National Association of RealtorsĀ® today in testimony before the U.S. Senate Banking Subcommittee on Housing

Top Metro Areas Poised for Uptick in Baby Boomer Home Sales

WASHINGTON – December 11, 2014 – (RealEstateRama) — Metro areas with a lower cost of living and sunnier weather are poised to see an increased number of baby boomers moving in and buying a home as some delay retirement and remain participants in the labor market, according to new research

New ULI Book, ā€˜The Investorā€™s Guide To Commercial Real Estate,ā€™ Provides Deep Dive Understanding of an Asset Class Sparking Renewed Interest

WASHINGTON – December 11, 2014 – (RealEstateRama) — A better understanding of commercial real estate along with its various investment strategies and benefits is the subject of a new publication from the Urban Land Institute (ULI).

Landmarks Preservation Board to consider two properties for landmark nomination in South Lake Union neighborhood

WASHINGTON, D.C. – December 10, 2014 – (RealEstateRama) — Seattleā€™s Landmarks Preservation Board will consider nomination of the Eberharter Garage/Antique Liquidators property (503 Westlake Avenue N) and the Henry R. Wold Building (413 Fairview Avenue North) at its meeting on Wednesday, January 7 at 3:30 p.m. in the Seattle Municipal Tower, 700 5th Avenue, 40th Floor, Room 4060.

Attorney General Conway Warns of Solicitation Targeting Recent Homebuyers

WASHINGTON, D.C. – December 10, 2014 – (RealEstateRama) — Attorney General Jack Conway, the Kentucky Real Estate Commission, and the Kentucky County Clerks Association are joining together to warn recent Kentucky homebuyers to be vigilant of official-looking mailings being sent by ā€œRecord Transfer Servicesā€ that attempt to sell homebuyers copies of their property deeds for an excessive fee.

October 2014 Residential Permit Statistics

WASHINGTON, D.C. – December 3, 2014 – (RealEstateRama) — Area home builders are preparing for the spring buying season as they plan for winter construction.Ā  With 465 single family residential permits issued during October, the total for 2014 stands at 3,591ā€“129 units more than last year at this time according to the Home Builders Association of Greater Kansas Cityā€™s (HBA) monthly Residential Building Permit Statistics report. Ā Ā Multi-family housing production continues to climb as October added another 78 units, bringing the yearly total to 3,246. Combined single family and multi-family permits take the year-to-date total to 6,837