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Property, Rentals, Transactions

Economist Anirban Basu, as well as representatives from the multifamily and hospitality industries to present at the 2015 World of Modular convention, March 13-16, 2015

Las Vegas, NV – December 31, 2014 – (RealEstateRama) — With the need to innovate and save time and money on new construction projects more important now than ever before, join the Modular Building Institute and their slate of world-class speakers at the 32nd annual World of Modular convention and expo, March 13-16 in Las Vegas, Nevada to find out the latest on the most efficient construction methods

November 2014 Residential Permit Statistics

WASHINGTON, D.C. – December 24, 2014 – (RealEstateRama) — With a typical November dip in permit activity, the metro area saw 306 single family permits issued during the month, according to the Home Builders Association of Greater Kansas City’s (HBA) monthly Residential Building Permit Statistics report.  The year to date single family permit total is 3,897 compared to 2013 with 3,802 for a 2 percent increase.  The local increase in multi-family housing is following nation-wide trends with 381 permits issued during November, bringing the 2014 year to date multi-family count to 3,627

California pending home sales cool down in November

LOS ANGELES – December 24, 2014 – (RealEstateRama) — California’s pending home sales slowed down in November as seasonal factors kicked in and shrinking housing affordability remained an issue, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

Illinois median home prices increase 6.9 percent in November; Sales decline 9.5 percent

SPRINGFIELD, Ill. – December 23, 2014 – (RealEstateRama) — The Illinois housing market saw November median prices rise 6.9 percent over previous-year levels while statewide home sales decreased 9.5 percent for the same period, according to the Illinois Association of REALTORS

New Jersey Realtors Names 2014 Realtor and Realtor-Associate of the Year

Atlantic City, N.J. – December 22, 2014 – (RealEstateRama) — During a special ceremony recently at the Triple Play Realtor Convention & Trade Expo, New Jersey Realtors named its 2014 Realtor of the Year and Realtor-Associate of the Year. These two members were recognized for their contributions to the real estate industry, commitment to the Realtor organization, and involvement in their local communities. The award winners were selected from among the local board and association Realtor and Realtor-Associate of the Year in New Jersey

Parents’ Legacy Honored by Wolcott Conservation Easement Donation to Vermont Land Trust

Wolcott – December 22, 2014 – (RealEstateRama) — Brothers Steve and Oran Young, along with their wives, Jan Roy and Gail Osherenko, donated a conservation easement to the Vermont Land Trust on 84 acres of their family farm along Town Hill Road in Wolcott

Existing-Home Sales Lose Momentum in November as Inventory Slightly Tightens

WASHINGTON – December 22, 2014 – (RealEstateRama) — After hitting their highest level of the year, existing-home sales slid in November as housing supply showed some tightening, according to the National Association of Realtors®. All major regions experienced a decline in sales compared to a month earlier.

South Carolina REALTORS® applaud final passage of legislation extending key real estate tax provisions

COLUMBIA, S.C. – December 22, 2014 – (RealEstateRama) — On December 16, 2014, the Senate passed H.R. 5771, the Tax Increase Prevention Act of 2014, by a vote of 76-16. South Carolina REALTORS® (SCR) applaud Congressional leaders in both chambers for their effort to pass the legislation prior to adjournment

CREA & NAR Win Rights to .MLS Top-Level Domain

CHICAGO – December 19, 2014 – (RealEstateRama) — The Canadian Real Estate Association, in cooperation with the National Association of Realtors®, has secured the rights to the .MLS top-level domain. CREA has registered Canadian certification marks for the letters MLS and the term “multiple listing service” in Canada and is the exclusive licensee of the Realtor® mark in Canada.

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 – 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 Senate’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 REALTORS® (C.A.R.) said today

Realtors® 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 Realtors® President Chris Polychron “The package of tax extensions approved by the U.S. House and Senate, and headed to the President’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

Realtors® 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 Realtors® 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 isn’t the only one with a list this holiday season, State Treasurer Rob McCord reminded Pennsylvanians today as he urged them to check the state’s unclaimed property list at patreasury.gov. The treasurer highlighted holiday-themed names in his department’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 President’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.