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Property, Rentals, Transactions

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

EPA Settlement with Patton, Mo., Property Owner Resolves Clean Water Act Violations Affecting Baltimore Creek

Lenexa, Kan., – July 2, 2014 – (RealEstateRama) — EPA Region 7 has reached an administrative consent agreement with a Patton, Mo., property owner to resolve Clean Water Act violations involving unpermitted discharges of pollutants into two tributaries of Baltimore Creek.

FHA HAWK Program a Good Start but Needs to Go Further, Say Realtors®

WASHINGTON – July 1, 2014 – (RealEstateRama) — In a letter sent today to the U.S. Department of Housing and Urban Development, the National Association of Realtors® offered support for the Federal Housing Administration’s efforts to reduce mortgage insurance premiums for first-time buyers through its Homeowners Armed with Knowledge, or HAWK, housing counseling pilot program but is concerned the program won’t significantly reduce premiums or reach enough qualified buyers

City and state officials celebrate completion of 129 new apartments at Old Colony

Boston – June 30, 2014 – (RealEstateRama) — On Thursday, June 26, 2014, city and state officials celebrated the second phase of redevelopment at the Old Colony public housing community in South Boston, marking the midway point for redevelopment of the site. The Boston Housing Authority (BHA) began overhauling the site in 2009

NAR Survey Shows Realtors® Continue to Invest in Mobile Technologies

WASHINGTON – June 30, 2014 – (RealEstateRama) — Over the years, Realtors® have spent countless time and millions of dollars advancing real estate technologies and keeping up with the latest high-tech tools. The 2013-2014 Realtor® Technology Survey, conducted by NAR’s Center for REALTOR® Technology, found that Realtors® continued to invest in new technology for their businesses in 2013 and spent more than they did in previous years.

Pending Home Sales Surge in May

WASHINGTON – June 30, 2014 – (RealEstateRama) — Pending home sales rose sharply in May, with lower mortgage rates and increased inventory accelerating the market, according to the National Association of Realtors®. All four regions of the country saw increases in pending sales, with the Northeast and West experiencing the largest gains.

Existing-Home Sales Heat Up in May, Inventory Levels Continue to Improve

WASHINGTON – June 23, 2014 – (RealEstateRama) — Existing-home sales rose strongly in May and inventory gains continued to help moderate price growth, according to the National Association of Realtors