Property, Rentals, Transactions

DataQuick Reports Slight Uptick in Home Sales for February

SAN DIEGO, – March 25, 2014 – (RealEstateRama) — DataQuick®, a provider of advanced real estate information solutions powered by data, analytics and decisioning, announced in its monthly Property Intelligence Report (PIR) that home sales increased in 29 of the 42 reporting markets in February, up significantly from the 11 counties reporting improved sales numbers in January. However, overall sales have only increased in six markets over the last quarter and in 16 counties over the last year.

NAREE’s Seventh Annual Bruss Book Competition

WASHINGTON, D.C. – March 24, 2014 – (RealEstateRama) — Authors of books published in 2013 in the broad field of real estate — including green building, sustainable design, home buying and selling, commercial real estate, finance, mortgage lending, foreclosures and investing – are eligible to enter NAREE’s 7th Annual Bruss Book Competition

February Existing-Home Sales Remain Subdued

WASHINGTON – March 20, 2014 – (RealEstateRama) — Home prices continued to show solid growth in most of the country due to limited inventory conditions, but rising prices and severe winter weather caused existing-home sales to slip in February, according to the National Association of Realtors

Energy Department Announces Winners of Student Competition to Drive Innovative Efficiency Solutions

WASHINGTON – March 20, 2014 – (RealEstateRama) — The Energy Department has announced the winners of the third annual Better Buildings Case Competition, which challenges collegiate teams to present unique and innovative solutions for reducing energy waste and improving the efficiency of our nation’s homes and commercial buildings to industry leaders. The winning student teams included Harvard University, Carnegie Mellon University, Yale University, Stanford University, University of California – Santa Barbara, University of California – San Diego, University of California – Berkeley, Columbia University, and MIT. Winning solutions will be shared more broadly with public and private sector organizations through the Better Buildings webinar series and the Better Buildings Summit

March 24 Press Call to Announce New Data on Affordable Rental Housing Shortage

WASHINGTON, D.C. – March 18, 2014 – (RealEstateRama) — How many hours a week does a minimum wage worker need to work to afford a two-bedroom apartment at Fair Market Rent?

SmartZip Analytics Named to REach’s 2014 Accelerator Class

WASHINGTON, D.C. – March 18, 2014 – (RealEstateRama) — The National Association of Realtors® today announced that SmartZip Analytics, the national leader in real estate analytics and predictive marketing, is the first company selected to join the 2014 class of REach™, the strategic growth technology accelerator founded and managed by NAR’s investment arm, Second Century Ventures

Realtors® Applaud Speedy Senate Action on Bipartisan Flood Insurance Affordability Bill

WASHINGTON, D.C. – March 17, 2014 – (RealEstateRama) — The following is a statement by National Association of Realtors® President Steve Brown:

Tim C. Walton of Cianbro Named ABC Ambassador to Merit Canada

WASHINGTON, D.C. – March 17, 2014 – (RealEstateRama) — Associated Builders and Contractors (ABC) today announced that Tim C. Walton, director of external affairs and public policy at CIANBRO, Pittsfield, Maine, will serve as ABC’s ambassador to Merit Canada. The position will directly support and promote the efforts of the CAN-AM Merit Alliance, formed between ABC and Merit Canada to further promote free enterprise and the merit shop philosophy, under which construction contracts are awarded to construction companies based on merit.

RMMI: Senior Home Equity Surges By $83.5B

WASHINGTON, D.C. – March 17, 2014 – (RealEstateRama) — Driven by a $83.5 billion increase in senior home equity, the NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) rose in Q4 2013 by 2.4% to 169.8, its highest level since Q1 2008.

NAREE Announces 2014 Board Members

SAN FRANCISCO, Calif. – March 13, 2014 – (RealEstateRama) — The National Association of Real Estate Editors (NAREE) has installed its 2014 Board of Directors.

Counselors of Real Estate® Chair to Speak at International Real Estate Conference

CHICAGO, IL USA – March 13, 2014 – (RealEstateRama) — Hugh F. Kelly, Ph.D., CRE®, real estate professor and economist, will address an audience of international real estate professionals Tuesday, March 11 at MIPIM, the world’s largest real estate conference, held annually in Cannes, France

NAR Generational Trends Study Shows Confidence in Market, Some Challenges

WASHINGTON, D.C. – March 11, 2014 – (RealEstateRama) — Young home buyers remain optimistic and see their home as a good investment, while older buyers are more likely to trade down to a smaller property to match changing lifestyles, according to the 2014 National Association of Realtors® Home Buyer and Seller Generational Trends study, which [...]

Realtors® Applaud House Passage of Bipartisan Flood Insurance Affordability Bill

WASHINGTON – March 6, 2014 – (RealEstateRama) — The following is a statement by National Association of Realtors® President Steve Brown

Realtors® Oppose Tax Plan to Limit Mortgage Interest Deduction, Real Estate Provisions

WASHINGTON (February 26, 2014) – The following is a statement by National Association of Realtors® President Steve Brown: NAR supports reforms that promote economic growth, but we strongly oppose severely altering the rules that govern ownership and investment in real estate. Real estate powers almost one-fifth of the U.S. economy, employs more than 17 million Americans, and contributes a quarter of all federal and state tax revenue and as much as 70 percent of local taxes

Pending Home Sales Hold Steady in January

WASHINGTON, D.C. – March 5, 2014 – (RealEstateRama) — Pending home sales were essentially unchanged in January, according to the National Association of Realtors®. Monthly gains in the South and Northeast were offset by declines in the West and Midwest.

$1.1 Trillion Apartment Industry Highlights Key Policies for Congress

WASHINGTON, D.C. – March 5, 2014 – (RealEstateRama) — As Congress considers major policy decisions this year, they must take care not to lose sight of the one-third of the country that rents and the $1.1 trillion economic impact the apartment industry and its residents contribute to the economy annually. This is the key takeaway from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) 2014 legislative and regulatory priorities released today

New ConsensusDocs CM Agency Contract Clarifies Fees & Costs to Help Avoid Disputes

WASHINGTON, D.C. – March 4, 2014 – (RealEstateRama) — Today, the ConsensusDocs Coalition is publishing a new Construction Management Agency standard agreement. The ConsensusDocs 831 Agreement Between Owner and Construction Manager (CM Does Not Provide General Conditions) provides an alternative to the recently released ConsensusDocs 830 Agreement, in which the CM provides General Conditions

House Passes Bill to Protect Americans’ Homes from Seizure

WASHINGTON, D.C. – March 4, 2014 – (RealEstateRama) — The House of Representatives approved H.R. 1944, the Private Property Rights Protection Act, by a vote of 353-65. Congressman Jim Sensenbrenner (R-Wisc.) introduced the Private Property Rights Protection Act to protect Americans from eminent domain abuse and to disincentivize state and local governments from using eminent domain to seize the homes of hardworking Americans only to give the property to other private interests.

Press Statement by NLIHC President Sheila Crowley on Chairman Camp’s Tax Reform Proposal

WASHINGTON, D.C. – March 4, 2014 – (RealEstateRama) — Congressman Dave Camp (R-MI), Chairman of the House Ways and Means Committee, made public his proposal to reform the federal tax code, in which he calls for changes to the mortgage interest deduction. He would lower the cap on the size of mortgage for which interest can be deducted from $1 million to $500,000. Mr. Camp’s willingness to change the mortgage interest deduction indicates that it is no longer the untouchable third rail of tax policy and is ripening for reform

Existing-Home Sales Drop in January While Prices Continue to Grow

WASHINGTON, D.C. – March 3, 2014 – (RealEstateRama) — Existing-home sales fell in January to the lowest level in a year-and-a-half, but ongoing inventory shortages continue to lift prices in much of the U.S., according to the National Association of Realtors®.