|Property, Rentals, Transactions|
WASHINGTON, D.C. – December 10, 2013 – (RealEstateRama) — Rick Judson, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Charlotte, N.C., issued the following statement on a new report on rental housing released today from the Harvard Joint Center for Housing Studies:
WASHINGTON, D.C. – December 9, 2013 – (RealEstateRama) — Today the Department of Housing and Urban Development (HUD) announced that it will implement new FHA single-family loan limits on January 1, 2014, as specified by the Housing and Economic Recovery Act of 2008 (HERA). Read FHAâ€™s mortgagee letter detailing the agencyâ€™s new loan limits.
WASHINGTON, D.C. – December 6, 2013 – (RealEstateRama) — Mayor Vincent C. Gray, Deputy Mayor for Planning and Economic Development Victor L. Hoskins, Deputy Mayor for Public Safety and Justice Paul Quander, DC Fire and Emergency Medical Services Chief Kenneth B. Ellerbe, Department of General Services Director Brian Hanlon and members of the E Street Development Group will break ground on a new development that will house a fire station and a Hyatt Place Hotel.
WASHINGTON, D.C. – December 5, 2013 – (RealEstateRama) — Markets in 54 out of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released today. The indexâ€™s nationwide score of .86 indicates that, based on current permits, prices and employment data, the nationwide market is running at 86 percent of normal economic and housing activity.
WASHINGTON, D.C. – December 5, 2013 – (RealEstateRama) — In an effort to increase transparency of Fannie Mae Multifamily DUS loans, an enhanced Multifamily DUS Prepayment History Report is now available. This report provides over ten years of historical voluntary and involuntary prepayment data for Fannie Mae fixed-rate multifamily loans. The loans represented in this report generally have similar terms and yield maintenance characteristics as DUS loans underlying multifamily MBS issued today.
RARE SPIKE IN PUBLIC OUTLAYS SENDS CONSTRUCTION SPENDING TO FOUR-YEAR PEAK IN OCTOBER DESPITE DECLINES IN PRIVATE RESIDENTIAL, NONRESIDENTIAL MARKETS
WASHINGTON, D.C. – December 2, 2013 – (RealEstateRama) — An unusual surge in public construction in October pushed total construction spending to its highest level since May 2009 despite a dip in both private residential and nonresidential activity, according to an analysis of new Census Bureau data by the Associated General Contractors of America. Association officials urged lawmakers in Washington to make water and surface transportation investment a top federal priority
Princess Anne, MD – November 27, 2013 – (RealEstateRama) — Renovations have begun on the Washington Hotel, the 18th century inn that officials hope will become the centerpiece of the Eastern Shore townâ€™s renaissance as a historical and cultural tourist destination
WASHINGTON, D.C. – November 27, 2013 – (RealEstateRama) — The King County Housing Authority and KeyBank Public Sector through its affiliate Key Government Finance, Inc., have closed on a pool financing that positions a KCHA portfolio of 18 existing properties to take advantage of current low interest rates. The tax-exempt loan of up to $85 million will allow KCHA to refinance existing debt and finance the acquisition of three additional properties.
WASHINGTON, D.C. – November 26, 2013 – (RealEstateRama) — Upward momentum in U.S. house prices remained strong in the third quarter, as prices rose 2.0 percent from the previous quarter, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). This is the ninth consecutive quarterly price increase in the purchase-only, seasonally adjusted index and it marks the first time since 2009 that the national house price level is higher than it was five years ago.
Justice Department Charges Minn. Condominium Association, Management Company and Property Manager with Discrimination Against Families with Children
WASHINGTON, D.C. – November 26, 2013 – (RealEstateRama) –The Justice Department filed a lawsuit today against the homeownerâ€™s association, management company and property manager of a Minnetonka, Minn., condominium complex, alleging that they discriminated against families with children in violation of the Fair Housing Act
IBTS to provide Green Certification Verification Services in rehabilitation efforts of the St. Francis Apartment complex located in Meridian, Mississippi
Ashburn, VA – November 25, 2013 – (RealEstateRama) – IBTS has been selected by Standard Enterprises Inc. (SEI) as their exclusive provider of Green Certification Verification Services for the rehabilitation of the St. Francis Apartment complex located in Meridian, Mississippi. The complex contains 90 apartment units throughout 14 buildings. IBTS will provide Green Design Consulting Services as well as necessary energy audits & testing as identified in the National Green Building Standardâ„˘ for Energy Consumption Reduction and Water Consumption Reduction
WASHINGTON – November 25, 2013 – (RealEstateRama) — Although conditions were mixed across the country, pending home sales continued to move lower in October, marking the fifth consecutive monthly decline, according to the National Association of Realtors
WASHINGTON, D.C. – November 20, 2013 – (RealEstateRama) — Existing-home sales declined for the second consecutive month in October, while constrained inventory means home prices continue to see double-digit year-over-year gains, according to the National Association of RealtorsÂ®.
Home Value and Homeownership Rates During and After Recession Explored in the American Community Survey
WASHINGTON, D.C. – November 14, 2013 – (RealEstateRama) – A new housing brief from the U.S. Census Bureau shows that median home values in many small counties across the nation held steady after the most recent recession, while values in large counties declined.
Chicago – November 13, 2013 – (RealEstateRama) — Fracking* — one of todayâ€™s most hotly debated issues — took center stage in San Francisco at the recent annual convention of The Counselors of Real Estate, an invitation-only professional association for senior level commercial real estate advisors
CHICAGO – November 13, 2013 – (RealEstateRama) — Nov. 11, 2013â€”Scott R. Muldavin, CRE, senior advisor, Rocky Mountain Institute and executive director of the Green Building Finance Consortium, San Rafael, Calif., was presented the 2013 Committee Service Award by The Counselors of Real Estate (CRE) at its Annual Convention in October in San Francisco. The honor recognizes Muldavinâ€™s dedication to committee service within the organizationâ€”volunteerism behind the scenes that results in key contributions to advancing the CRE mission.
WASHINGTON, D.C. – November 12, 2013 – (RealEstateRama) — â€śToday RealtorsÂ® have demonstrated their all-inclusive support of ensuring fair housing opportunities by adding gender identity to their Code of Ethics. As we celebrate 100 years of the RealtorÂ® Code of Ethics, this decision is a fitting example of the Code as a living, dynamic set of principles that define the professionalism that RealtorsÂ® bring to the real estate transaction
Homeownership Preservation Foundation Expands Board of Directors With Appointment of Janneke Ratcliffe
WASHINGTON, D.C. – November 11, 2013 – (RealEstateRama) — The Homeownership Preservation Foundation (HPF), an independent national nonprofit dedicated to helping distressed homeowners navigate financial challenges and avoid mortgage foreclosure through its Homeownerâ€™s HOPEâ„˘ Hotline at 888-995-HOPEâ„˘, today announced that Janneke Ratcliffe joined its Board of Directors
AUSTIN, TX – November 11, 2013 – (RealEstateRama) — The Austin Board of REALTORSÂ® (ABoR) is pleased to announce the winners of the 2013 ABoR Industry Awards. These awards honor leaders in the real estate community for their outstanding contributions to the industry and their local communities. Join us in congratulating these hard working real estate professionals
SAN FRANCISCO – November 11, 2013 – (RealEstateRama) — Predictive analytics, or evaluating and interpreting data to predict future outcomes and trends, is helping the real estate industry better understand transaction and market data and use it to benefit the industry, agents and consumers