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GREENGUARD 2008 Memorial Fellowship Winners Will Examine Design Process/Chemicals to Determine Affects on Health

GREENGUARD Environmental Institute (GEI), the pre-eminent brand in indoor air quality, congratulates the recipients for this year's Ken Dillon Memorial Fellowship for Indoor Environmental Quality Design.

The Real Estate Roundtable Praises

(WASHINGTON, D.C.) — "We applaud President Bush’s leadership and the swift bipartisan Congressional action to enact this important economic stimulus package. This legislation will spur consumer spending, provide additional refinancing options to homeowners, boost confidence and encourage businesses to accelerate investments.


RealtyTrac the leading online marketplace for foreclosure properties, today released its Year-End 2007 Metropolitan Foreclosure Report, which shows Detroit, Stockton, Calif., and Las Vegas documented the three highest foreclosure rates among the nation’s 100 largest metro areas during 2007.

Avoid These 5 Listing Presentation Pitfalls

Every listing presentation is a job interview. You are applying with the sellers for the opportunity to sell their home. And you need to convince them that you are the best real estate professional for the job.

In Milwaukee, A Foreclosure Glut

Via Marie Rohde and Ben Poston at the Milwaukee Journal Sentinel, a look at just how much foreclosure activity has impacted the local real estate market: After a record year for foreclosures, a stunning 1,000 Milwaukee County properties already have been scheduled for sheriff’s sales in the first nine weeks of 2008, with a record 200 put up for sale in just one day earlier this month, records show.

State Foreclosure Prevention Group Produces Report On Mortgage Loss Mitigation

WASHINGTON, D.C. -- The State Foreclosure Prevention Working Group, a multi-state task force organized last summer by Iowa Attorney General Tom Miller to work with subprime mortgage loan servicers to reduce the number of unnecessary foreclosures by encouraging loan modifications and other sustainable, long-term solutions, released its first subprime mortgage servicing performance data report on Thursday.

Mortgage Market Meltdown Raises Apartment Demand, But Financial Crisis Crimps Sales and Capital Availability...

WASHINGTON - The ongoing financial market turmoil and its spillover into the broader economy are having a mixed effect on the apartment sector, according to the National Multi Housing Council’s (NMHC) latest Quarterly Survey

Existing-Home Sales to Hold in Narrow Range, then Begin Upward Trend

WASHINGTON, February 07, 2008 - A continuation of soft market conditions is forecast for existing-home sales in the months ahead, with improvement expected by the second half of this year if loan limits are increased, according to the latest forecast by the National Association of Realtors

Fannie and Freddie Reform Will Significantly Impact Housing Market, Says NAR

WASHINGTON, February 07, 2008 - The National Association of Realtors today expressed ongoing support for legislative reform to Fannie Mae and Freddie Mac that would help stabilize the housing market and improve liquidity to the secondary nonconforming market. NAR stressed the importance of permanently increasing the loan limits as part of any reform package; that will help encourage healthier conditions in the housing market and strengthen the national GDP.

Top 10 Rural Places to Live

The Progressive Farmer magazine has released its annual rankings of best places to live in rural counties. The selection is based on school quality, access to health care, low crime, and affordable farmland.

Freddie Mac Sets New Multifamily Record for 2007 Transactions

McLean, VA - February 04, 2008 - Freddie Mac announced today that it purchaseda record $44.7 billion in new multifamily business transactions in 2007, a 55 percent increase over the 2006 volume of $28.8 billion. This volume includes approximately $3.7 billion in targeted affordable housing products, which finance apartments that receive some form of government subsidy.

REALTORS®, Mayors Recognize Miami-Dade for Virtual Housing Center

WASHINGTON, February 01, 2008 - The National Association of Realtors® and the U.S. Conference of Mayors have named Miami-Dade County an Ambassador City for its Housing Central Web portal. The virtual one-stop housing center connects residents with affordable homes and rental units and provides valuable information and resources for area families.

Bush Administration seeks $38.5 billion HUD budget in 2009

WASHINGTON – The Bush Administration’s Fiscal Year 2009 Budget seeks $38.5 billion for the U.S. Department of Housing and Urban Development, which represents a $3.2 billion or nine percent increase over the President’s proposed budget for FY 2008 and $1 billion more than HUD’s current budget authority.

MBA Reports Commercial/Multifamily Originations Down in Q4

Washington, DC - February 4, 2008 - Commercial and multifamily mortgage bankers' loan originations fell on a year-over-year basis in the fourth quarter, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. Fourth quarter originations were sixteen percent lower than during the same period last year.

Mike Sloggatt to Lead Live SIP Demonstrations at IBS

ORLANDO - Professional construction educator Mike Sloggatt will demonstrate SIP installation techniques inside the SIPA Village exhibit at the International Builders’ Show, February 13-16.

REALTORS®, Mayors Recognize Miami-Dade for Virtual Housing Center

WASHINGTON, February 01, 2008 - The National Association of Realtors® and the U.S. Conference of Mayors have named Miami-Dade County an Ambassador City for its Housing Central Web portal. The virtual one-stop housing center connects residents with affordable homes and rental units and provides valuable information and resources for area families

Legislation Would Enable Tens of Thousands of Families in Danger of Foreclosure to Refinance...

Washington, DC – In response to the escalating housing crisis that is devastating communities, shaking our economy, and putting the financial security of millions of families at risk, Senator Hillary Rodham Clinton introduced the Mortgage Refinancing Initiative of 2008 which would provide an opportunity for at-risk households to refinance unworkable mortgages.

Under Secretary for Domestic Finance Robert K. Steel Testimony before the Senate Committee on...

Washington - Chairman Dodd, Ranking Member Shelby, Members of the Committee, good morning, I very much appreciate the opportunity to appear before you today to present the Treasury Department's perspective on "Foreclosure Prevention and Neighborhood Preservation."

America’s Hardest-Hit Foreclosure Spots

What could be worse than getting behind on mortgage payments? Owing your lender more than your home is worth. That's what's happening to homeowners across the country, many of whom just a couple of years ago opted for interest-only or adjustable-rate mortgages.

DOL Grant to Address Shortage of Energy Sector Workers

Under the President's High Growth Job Training Initiative (HGJTI), the Department of Labor Employment and Training Administration (DOL-ETA) has announced the availability of approximately $10 million in grant funds for high-impact regional approaches to meet the workforce challenges of the energy industry and/or address the shortage of construction and skilled trade workers needed to maintain and expand the energy industry infrastructure

U.S. National

McCormick Construction

Appraisal Institute Urges Congress to Address Valuation Issues

The president of the Appraisal Institute, the nation’s largest professional association of real estate appraisers, encouraged Congress to act on valuation topics during today’s hearing on Capitol Hill.

Hanley Investment Group Arranges Sale of Two-Tenant Retail Property at Zinfandel Crossings in Sacramento...

Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the second transaction in the

MLS Grid Earns Innovator Award Finalist Selection

MLS Grid, the real estate industry collaborative of multiple listing services (MLSs) providing an easy way to deliver standardized data, has earned a coveted spot as a “2019 Inman Innovator Award” finalist.

FERC’s Dispute Resolution Service Gets New Home

Federal Energy Regulatory Commission Chairman Neil Chatterjee today announced a new home for FERC’s Dispute Resolution Service (DRS) in the Office of the General Counsel (OGC). “This move to OGC will give DRS higher visibility, an expansion of opportunities to use dispute resolution and more effective

Vice President Pence and Secretary Bernhardt Highlight the Need for Bipartisan Fix to National...

Vice President Mike Pence and U.S. Secretary of the Interior David Bernhardt visited Yellowstone National Park to renew the Trump Administration’s call for bipartisan legislation to fix infrastructure at National Parks
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.068 Trillion

Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $39.829 billion in May. A breakdown of May issuance includes $38.571 billion of Ginnie Mae II MBS and $1.517 billion

National Association of Realtors® Applauds House Efforts to Advance NFIP Reforms

John Smaby, President of the National Association of Realtors®, issued the following statement after the House Financial Services Committee voted Wednesday evening to advance the National Flood Insurance Program Reauthorization Act of 2019

Chicago Nonprofit Affordable Housing Developer Continues its Expansion in City & Suburbs

Only a month after expanding its footprint through the acquisition of affordable apartment buildings from the YMCA in Chicago and Harvey, IL, Preservation of Affordable Housing (POAH) announced today it is extending its reach by acquiring four

Why Home Equity Lines of Credit are Better than Reverse Mortgages

Home equity lines of credit and reverse mortgages have many similar features. Overall, however, a home equity line of credit (HELOC) offers a more versatile and advantageous way for home owners to access funds based on equity.

Read NRMLA’s Statement to USA Today

On June 13, NRMLA President and CEO Peter Bell submitted the following statement to USA Today in response to the investigative series of articles on HECM foreclosures written by reporters Nick Penzenstadler and Jeff Kelly Lowenstein.
ABC National

ABC’s Construction Backlog Indicator Contracts in April

Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.7 months in April 2019, down 0.8 months or 9% since March, when CBI stood at 9.5 months.

May New Home Purchase Mortgage Applications Increased 20.1 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2019 shows mortgage applications for new home purchases increased 20.1 percent compared from a year ago. Compared to April 2019, applications increased by 0.1 percent.

MBA’s Krystal Thomas and Andrea Oh Presented with Women in Housing Finance, Inc.’s 40...

The Mortgage Bankers Association's (MBA) Krystal Thomas, Government Program Specialist, and Andrea Oh, Policy Advisor, were recognized by Women in Housing and Finance, Inc. (WHF) as a 2019 winner of its WHF 40 under 40 award.

Builder Confidence Solid in June Amidst Growing Economic Uncertainty

Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
Enterprise Community Partners

Brian McLaughlin to lead Enterprise Community Development, one of the nation’s largest owners of...

Brian McLaughlin has been named president and CEO of Enterprise Community Development (ECD), a new organization that brings together two of the Mid-Atlantic’s leading developers and managers of affordable, well-designed homes: Community Preservation
ABC National

Construction Input Prices See Slight Increase in May, says ABC

June 11—Construction input prices rose slightly by 0.3% in May on a monthly basis and are up 0.6% over the last 12 months, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today

MBA Awards Over $90,000 in Path to Diversity Scholarships

The Mortgage Bankers Association (MBA) today announced that it awarded over $90,000 in scholarships to 101 women and minorities under its Path to Diversity (P2D) Scholarship Program during the first eight months

Mortgage Credit Availability Increased in May

Mortgage credit availability increased in May according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.

WelbeHealth Signs Lease for 14,200 SF at Meridian’s Cotton Medical Center in Pasadena, Calif.

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that WelbeHealth recently signed a lease at Meridian’s recently renovated Cotton Medical Center, a 115,000-square-foot medical office complex

Solar Leader REC Group Joins SEIA’s Board of Directors

The Solar Energy Industries Association (SEIA), the national trade association for the U.S. solar energy industry, announced today that REC Americas, a leading solar manufacturer has joined its board of directors

U.S. States

Woman Arrested for Defrauding Homeless Individuals and a Nonprofit Serving the Homeless

SACRAMENTO, Calif. — (RealEstateRama) — Sherwana Lynn Marcus, also known as Sherwana Granderson and Sherwana Santana, 47, was arrested today on a 36-count federal...

CSD Awards $4.4 Million for California’s First Low-Income Community Solar Projects

The California Department of Community Services and Development (CSD) today announced final awards totaling $4.4 million to GRID Alternatives for two Community Solar Pilot projects in Contra Costa and Riverside Counties.

Los Angeles Homeless Services Authority (LAHSA) Adopts New Guiding Principles and Practices for Unsheltered...

On February 28, the Los Angeles Homeless Services Authority (LAHSA) adopted new policy that calls for decriminalizing life-sustaining survival actions of the more than 40,000 Los Angelenos who are experiencing unsheltered homelessness

Three Communities in Mississippi to Receive Brownfield Grants to Address Contaminated Properties

The U.S. Environmental Protection Agency (EPA) selected 149 communities across the country including three in Mississippi to receive funding for brownfield site revitalization to help local governments redevelop vacant and unused properties

Port Aransas ready for return of summer tourism

Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
Merri Jo Cowen - headshot

My Florida Regional MLS Becomes Stellar MLS

My Florida Regional MLS, the nation’s third-largest Multiple Listing Service, officially becomes Stellar MLS today and will also debut its new site, Introducing a “curated customer journey” for each of its nearly 60,000


Rhode Island
U.S. Senator Sheldon Whitehouse today announced that the disaster relief bill passed by the Senate yesterday evening includes $50 million for the National Coastal Resilience Fund to restore and strengthen the natural infrastructure that protects coastal communities while safeguarding wildlife habitats.

San Francisco 49ers Partners with Operation HOPE to Empower Bay Area Communities with Financial...

Operation HOPE and the San Francisco 49ers announced today a partnership to bring credit and money management coaching and education to underserved Bay Area communities at no cost to participants. The 49ers is the first team to offer the HOPE Inside program as part of the National Football
getting security deposit back

How to Get Your Apartment Security Deposit Back

If your a renter, then you surely are aware that almost all apartments will require a security deposit when you move in your new rental. This is not to be used as an administration fee,  or to pay your rent. In fact, if you follow the terms of your apartment

Solar Industry Urges Gov. Abbott to Extend Tax Abatement Program

The solar industry voiced support for the Texas House of Representatives for passing a 10-year extension of Chapter 312, a section of tax code that enables property tax abatements for companies bringing new investment and jobs to Texas. The legislature sent this tax abatement extension that includes renewable energy provisions to Governor Abbott for signature

Secretary Bernhardt Announces $106.8 Million for Recreation, Wildfire, Other Public Lands Projects in Nevada...

U.S. Secretary of the Interior David L. Bernhardt announced the commitment of more than $106.8 million to support 47 public lands projects throughout Nevada and the California side of the Lake Tahoe Basin. These projects, which encompass a broad range of recreation improvements, wildlife habitat conservation

FEMA Awards More Than $1.2M in Public Assistance Grants

FEMA has approved $1,259,146 to the State of Florida to assist 14 eligible applicants with reimbursement for eligible costs of debris removal, emergency protective measures, temporary facilities and permanent repairs for Hurricane Michael under FEMA’s Public Assistance Program.

Storm Drain Project To Protect Homes From Flooding

The Federal Emergency Management Agency (FEMA) granted $1.6 million to the City of Phoenix for storm drain improvements to increase flood protection for 29 area homes. The Palm Lane Storm Drain Project, north of Phoenix’s Sky Harbor Airport
Monaghan Communications

Hanley Investment Group Arranges Sale of Two-Tenant Starbucks and QDOBA Retail Property in Sioux...

Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a two-tenant retail building occupied by a Starbucks with a drive-thru and QDOBA Mexican Eats at 2301-2303 Hamilton Boulevard in Sioux City, Iowa.

SEC Seeks Emergency Relief to Halt Prominent New York Developer’s Ponzi-Like Real Estate Investment...

New York
The Securities and Exchange Commission filed an emergency action charging Robert C. Morgan, a New York residential and commercial real estate developer, and two of his entities, Morgan Mezzanine Fund Manager LLC and Morgan Acquisitions, LLC, with fraud for siphoning and misusing investor funds. In its action

Florida to Receive $419,000 from EPA for Beach Water Quality Monitoring

As the nation heads into the summer beach season, the U.S. Environmental Protection Agency (EPA) has begun awarding up to $9.24 million across 39 states, territories and tribes to develop and implement beach monitoring and notification programs. Upon meeting the eligibility requirements, Florida will receive $419,000.
HUD - U.S. Department of Housing and Urban Development


The U.S. Department of Housing and Urban Development (HUD) today announced a fair housing agreement between a San Diego-area property management company and a family with a child who has a respiratory disability.
Merri Jo Cowen - headshot

A Stellar Idea: My Florida Regional MLS Reimagines the Multiple Listing Service

The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers


The Bureau of Land Management is terminating development of a new resource management plan for public lands managed by the Arcata and Redding field offices in northwest California.
Vista Village_1

CBRE’s Philip D. Voorhees and NRP-West Team Complete Sale of Vista Village in Vista,...

CBRE Vice Chairman Philip D. Voorhees announced today that the National Retail Partners-West (NRP-West) completed the sale of Vista Village in North County San Diego, Calif.



$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving

Water-loving outdoor recreationists and local communities in 27 states will have additional resources to help boaters keep America’s waters clean, thanks to more than $17 million in Clean Vessel Act program grants from the U.S. Fish and Wildlife Service.

Port Aransas ready for return of summer tourism

Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
OJO Labs - Eight Major Awards

OJO Labs: Five Months, Eight Major Awards

OJO Labs, a leading-edge technology company on a mission to empower consumer decision-making through its conversational AI assistant, OJO, won the highly coveted 2019 A-List Award among mid-sized companies from the Austin Chamber of Commerce in partnership with SXSW
Property on Airbnb

Should I Rent Out my Property on Airbnb?

Listing property on Airbnb has become a popular way to make extra money, meet new people, and provide some freedom, but there are a few key things to think about when you are considering listing your property. It is key to know what you’re getting yourself into.
Rockefeller Foundation

The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...

The Rockefeller Foundation today announced an initiative to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act. This effort will help ensure new investment delivers sustainable benefits for more than 30 million low-income Americans living in Opportunity Zones

Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...

Pauline Weaver Senior Apartments is located in the Warms Springs area of Alameda County and features 90 apartment homes for very low and extremely low-income seniors, near I-880 freeway, BART, shopping, services and other amenities.

VA’s Home Loan Guaranty program notifies Veterans of potential loan fee waivers

The U.S. Department of Veterans Affairs (VA) announced May 13 that Veterans who qualify for a VA Home Loan funding fee waiver are now being notified in their home loan eligibility certificate and disability compensation award letter.
Merri Jo Cowen - headshot

A Stellar Idea: My Florida Regional MLS Reimagines the Multiple Listing Service

The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers
HUD - U.S. Department of Housing and Urban Development


U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the National Association of Home Builders (NAHB) will co-host the Department's inaugural "Innovative Housing Showcase." The Innovative Housing Showcase will be held on the National Mall June 1-5, 2019

Department of the Interior: Yakima Water Plan Is a “Model” and “Holistic”

Yesterday, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, asked the Department of the Interior about its commitment to the Yakima River Basin during a hearing on the president’s FY 2017 budget request. Deputy Secretary of the Interior Michael Connor agreed with Sen. Cantwell that the Yakima River Basin plan “is a model for the rest of the nation in water management.”

Energy Costs to Cook Thanksgiving Meal Up to 25% Lower in 2015

“Consumers Energy is thankful to be a part of holiday celebrations across the state as warm Thanksgiving memories are being made, and we are committed to providing many more generations of Michigan families with reliable, affordable energy in all seasons,” said Garrick Rochow, Consumers Energy’s vice president and chief customer officer

Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements

WASHINGTON, D.C. - December 13, 2013 - (RealEstateRama) -- Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The exemptions are intended to save borrowers time and money while still ensuring that the loans are financially sound

Department Enters into Consent Order with Equity Loans, LLC and its owners Eduardo Gutierrez...

Atlanta, Georgia - November 13, 2013 - (RealEstateRama) -- the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Equity Loans, LLC, License Number 23300, located at 1150 Hammond Dr., Building E, Suite 650, Atlanta, Georgia 30328, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act

Business Real Estate Press Releases

Top Tips For Buying Your First Home

Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.

Recent Gov & Nonprofit Real Estate Press Releases


Is Brexit an opportunity for property investors?

Of all the qualities which are typically shared by successful investors, possibly the most crucial is an ability to see past the sound and fury of the news headlines and focus on solid facts.