News
Property, Rentals, Transactions

Multifamily Decline Pushes Nationwide Housing Starts Down 14.4 Percent in August

WASHINGTON, D.C. – September 18, 2014 – (RealEstateRama) — Led by a steep 31.7 percent decline in multifamily production, nationwide housing starts fell 14.4 percent to a seasonally adjusted annual rate of 956,000 units in August, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Single-family housing starts dropped 2.4 percent to a seasonally adjusted annual rate of 643,000 units.

RE/MAX Named a Leading Low-Cost Franchise

DENVER – September 2, 2014 – (RealEstateRama) — RE/MAX, LLC has been named among the leading low-cost U.S. franchises for 2014 by Entrepreneur magazine. The global real estate leader ranked the highest among real estate brokerage franchises, and 11th overall on this year’s list, which included 95 franchises “that can be started for less than $50,000.” The list appeared in the magazine’s August edition.

Pending Home Sales Pick Up in July

WASHINGTON – August 28, 2014 – (RealEstateRama) — Pending home sales rebounded in July and have now risen in four of the last five months, according

Realtor® Award Finalists Selected for Their Dedication to Community Service

WASHINGTON – August 28, 2014 – (RealEstateRama) — The National Association of Realtors® has recognized 10 Realtors® as finalists for REALTOR® Magazine’s 2014 Good Neighbor Awards. This award honors Realtors® who help build communities, often supporting causes that enrich and improve neighborhoods and volunteering their time to better the lives and homes of community members

NAR President Steve Brown and HUD Secretary Julián Castro Share Real Insights

WASHINGTON, D.C. – August 27, 2014 – (RealEstateRama) — Buying a home is one of the most significant personal and financial commitments most Americans ever make. To give today’s home buyers and sellers the information they need to succeed, the National Association of Realtors® has launched Real Insights

RE/MAX Launches National Sweepstakes

DENVER – August 26, 2014 – (RealEstateRama) — RE/MAX will award one winner a cash prize to find their right home while raising awareness and support for national charity organization Children’s Miracle Network Hospitals® (CMN Hospitals®). #TheRightHome kicked off Aug. 18, as a month-long consumer sweepstakes

HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN JULY

WASHINGTON, D.C. – August 26, 2014 – (RealEstateRama) — Sales of new single-family houses in July 2014 were at a seasonally adjusted annual rate of 412,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 2.4 percent (±11.9%)* below the revised June rate of 422,000 and is 12.3 percent (±14.4%)* above the July 2013 estimate of 367,000.

Improving Economy Slowly Brightens Outlook for Commercial Real Estate

WASHINGTON, D.C. – August 26, 2014 – (RealEstateRama) — The strong rebound in economic growth during the second quarter and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, according to the National Association of Realtors® quarterly commercial real estate forecast.

Existing-Home Sales Continue to Climb in July

WASHINGTON, D.C. – August 21, 2014 – (RealEstateRama) — Existing-home sales increased in July to their highest annual pace of the year, and the ongoing decline in distressed sales reached an important milestone, according to

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).