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Foreign Buyers Look to U.S. Housing

The strength of the Canadian dollar, the euro, and other foreign currencies, on top of a slowdown in the U.S. real estate market, is making the United States an enticing place for foreigners to buy property.

MBA’s Quinn Sounds Caution on Senate Housing Package

WASHINGTON, D.C. (February 14, 2008) – Kieran P. Quinn, CMB, Chairman of the Mortgage Bankers Association (MBA) expressed reservations about several of the provisions contained in the Foreclosure Prevention Act of 2008, introduced in the Senate yesterday.Mr.

Mortgage Applications Decrease In Latest MBA Weekly Survey

WASHINGTON, D.C. (February 20, 2008) - The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending February 15, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 822.8, a decrease of 22.6 percent on a seasonally adjusted basis from 1063.5 one week earlier.

Fourth Quarter Commercial Real Estate Index Eases

WASHINGTON, February 20, 2008 - The Commercial Leading Indicator for Brokerage Activity(1) slipped 0.4 percent to an index of 120.1 in the fourth quarter from a reading of 120.6 in the third quarter, but remains 0.1 above the fourth quarter of 2006 when it stood at 119.9.

Jackson names three local housing developments recipients of 2007 Best in American Living Award

WASHINGTON - February 11, 2008 - Three local housing developments in Blacksburg, Virginia; Palm Desert, California; and Denton Texas are the recipients of the 2007 Best in American Living Award for their design excellence and innovative approaches in affordable homeownership.

Sharp Decline in Housing and Mortgage Activity Expected Again This Year

In the second year of an ongoing housing recession, measures of housing activity deteriorated sharply. The 25 percent decline in total housing starts in 2007 nearly doubled the drop in 2006. The decrease was more pronounced in single-family starts, which were down 28.6 percent, compared with an 8.3 percent drop for multifamily starts.

Million-Dollar Starter Homes

Step into the Manhattan offices of Prudential Douglas Elliman, and you'll see potential buyers negotiating million dollar-plus apartment purchases

Million-Dollar Starter Homes

Step into the Manhattan offices of Prudential Douglas Elliman, and you'll see potential buyers negotiating million dollar-plus apartment purchases

What $1 Million Buys In Homes Across The U.S.

That's because nationwide, homeowners are slashing asking prices, often by significant margins, making this year's list of million-dollar properties much more palatable than those in years past. These homes are still beyond the means of the average American, but there's some comfort in a million-dollar home looking like a million-dollar home rather than a hastily built McMansion or a shoebox-sized studio apartment.

NAR Pushes for Homeownership Protection for Older Americans

WASHINGTON, February 13, 2008 - The National Association of Realtors testified today that foreclosure rescue scams have caused major problems for many Americans and that older Americans and other vulnerable borrowers are frequently targets. NAR called for increased funding for programs that provide financial assistance, counseling and consumer education to borrowers to help them avoid foreclosures and foreclosure rescue scams.

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.

DETROIT, STOCKTON, LAS VEGAS POST HIGHEST 2007 METRO FORECLOSURE RATES

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.

U.S. National


Wyden, Neal Condemn Trump Nursing Home Rule

National
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and House Ways and Means Chairman Richard Neal, D-Mass., today issued a joint statement after the announcement of a final rule by the Trump
Mayor Muriel Bowser

Mayor Bowser to Celebrate Construction Milestone at Ward 7’s Skyland Town Center

National
On Thursday, July 18, Mayor Muriel Bowser will celebrate the topping out of Skyland Town Center, signifying that Phase 1 of the 18-acre, mixed-use community has reached its final construction height. Following the program
Mercy Housing

43rd Street Apartments saved from market-rate rent amid a historic shortage of affordable homes...

National
Housing Innovation Partners (HIP) got an essential loan from Enterprise Community Loan Fund (ECLF) and Mercy Loan Fund (MLF) to acquire and preserve 22 homes for low-income families in need.
USDA

USDA Has More Than $400 Million Still Available for Renewable Energy System and Energy...

National
Acting Assistant to the Secretary for Rural Development Joel Baxley today encouraged farmers, rural small businesses and agricultural producers to apply for financing in a key U.S. Department of Agriculture (USDA)
EPA

EPA Proposes Cleanup for Groundwater Contamination at Superfund Site in San German, Puerto Rico

National
The U.S. Environmental Protection Agency (EPA) is proposing a cleanup plan to address contaminated groundwater located in the surrounding areas of the Retiro Industrial Park
NAR

Second Century Ventures Selects Inaugural Commercial Accelerator Class

National
Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced its first REACH Commercial Class today. REACH is a growth technology accelerator program helping launch companies into the real estate
Shared Plaza_1_sm

Alameda Point Partners Announces Request for Qualifications (RFQ) for Public Art Locations within Alameda...

National
Alameda Point Partners (APP) is inviting artists to submit qualifications to create public artwork to be incorporated at two locations within Alameda Point’s Site A development project in Alameda
NAHB

Builder Confidence Holds Firm in July

National
Builder confidence in the market for newly-built single-family homes rose one point to 65 in July, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
NAHB

Single-Family Starts Increase in June

National
Single-family gains helped offset a drop in multifamily production as total housing starts edged 0.9 percent lower in June to a seasonally adjusted annual rate of 1.25 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department

Schumer, Wyden, Menendez, Senate Democrats Unveil New Legislation To Restore Homeowners’ Ability To Work...

National
After IRS Blocked Homeowners’ Ability To Work Around Harmful GOP Tax Law Caps On SALT Deduction, Senate Dems Introduce Congressional Review Act (CRA) Resolution Of Disapproval To Nullify The IRS’s Rule
NAR

Realtor® Survey Shows Decline in Foreign Investment in U.S. Residential Real Estate

National
A decline in global growth and low housing inventory contributed to a drop in foreign investment in U.S. residential real estate over the past year

Mattapan Station Development in Boston Moves Forward

National
The Department of Housing Community Development (DHCD) and the Executive Office of Housing and Economic Development (EOHED) announced funding awards to POAH and Nuestra Comunidad Development Corporation
ASE

Alliance Applauds Senate Committee Approval Of Suite Of Energy Efficiency Bills

National
The Alliance to Save Energy released the following statement from President Jason Hartke after the Senate Committee on Energy and Natural Resources advanced several energy efficiency bills Tuesday
MBA

Mortgage Applications Decrease in Latest MBA Weekly Survey

National
 Mortgage applications decreased 1.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 12, 2019.
MBA

Kristy Fercho of Flagstar Bank Nominated to be 2020 MBA Vice Chairman

National
The Mortgage Bankers Association (MBA) announced that Kristy Fercho, Executive Vice President, President of Mortgage at Flagstar Bank, has been nominated to serve as MBA's Vice Chairman for the 2020 membership year.
Center for American Progress

New CAP Analysis Uncovers Persistent Discrimination Against African American Borrowers in the Housing Market

National
New analysis from the Center for American Progress uncovers numerous signs of persistent residential segregation among African American home mortgage borrowers, a troubling finding as the Trump
Mayor Muriel Bowser

Mayor Bowser to Celebrate Housing Preservation Fund Milestone at Worthington Woods in Ward 8

National
On Friday, July 12, at 11 am, Mayor Muriel Bowser will mark the preservation of the Worthington Woods Apartments in the Congress Heights neighborhood and celebrate the 1,000th unit funded by her Housing Preservation Fund.
Mercy Housing

EPIC’s National Real Estate Practice Donates Thousands of Dollars to Low-Income Students’ Education

National
Mercy Housing, the nation’s largest affordable housing organization, partnered with the National Real Estate Practice of EPIC Insurance Brokers & Consultants to provide students in need with this grant for their hard work and vision.
New Hanover County

NHC letter strongly opposes HUD proposal to evict immigrant families

National
WASHINGTON, DC - (RealEstateRama) - The National Housing Conference (NHC) strongly opposes the eviction of immigrant families that include undocumented individuals, as advocated in a...

CREW Network Members Garner 42 Real Estate Forum Women of Influence Honors

National
CREW Network members garnered 42 Women of Influence honors from Real Estate Forum and GlobeSt.com's 26th annual awards program recognizing outstanding individuals in the industry.

U.S. States


NYU Furman Center

NYU Furman Center and Abt Associates Announce Inaugural Cities Selected for Local Housing Solutions

New York
The NYU Furman Center and Abt Associates announced today the cities of Atlanta, Minneapolis, Philadelphia, and San Antonio as the first cohort selected to participate in the inaugural Local Housing Solutions Institute
NHC

Wells Fargo and a FHLBank of New York leader join NHC’s Board of Governors

New York
The National Housing Conference (NHC), the nation’s oldest, affordable housing coalition, announced that, Kimani Little of Federal Home Loan Bank of New York and Connie Wright of Wells Fargo has joined NHC’s Board of Governors
NAR

Existing-Home Sales Ascend 2.5% in May

National
Existing-home sales rebounded in May, recording an increase in sales for the first time in two months, according to the National Association of Realtors®.

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

California
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

California
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.
NLCHP

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

California
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
EPA

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

Mississippi
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
FEMA

Port Aransas ready for return of summer tourism

Texas
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, StellarMLS.com. Introducing a “curated customer journey” for each of its nearly 60,000

$50 MILLION FOR WHITEHOUSE’S COASTAL RESILIENCY FUND INCLUDED IN DISASTER RELIEF BILL

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...

California
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

Texas
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
SEIA

Solar Industry Urges Gov. Abbott to Extend Tax Abatement Program

Texas
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
DOI

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

California
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

FEMA Awards More Than $1.2M in Public Assistance Grants

Florida
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.
FEMA

Storm Drain Project To Protect Homes From Flooding

Arizona
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...

Iowa
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

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
EPA

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

Florida
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

HUD ANNOUNCES AGREEMENT RESOLVING DISCRIMINATION ALLEGATIONS INVOLVING CALIFORNIA PROPERTY MANAGEMENT COMPANY

California
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.

Popular


NAHB

New Home Sales Decline in May

National
Sales of newly built, single-family homes fell 7.8 percent to a seasonally adjusted annual rate of 626,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
DOI

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

National
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.
FEMA

Port Aransas ready for return of summer tourism

Texas
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

National
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?

National
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...

National
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
PaulineWeaver

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

National
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

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

National
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

NATIONAL ASSOCIATION OF HOME BUILDERS TO CO-HOST HUD INNOVATIVE HOUSING SHOWCASE

National
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

CHRIS HELLER

Accelerating OJO Labs’ ambitions to deliver exceptional consumer experiences, Chris Heller...

OJO Labs, which empowers consumers to make better decisions through its conversational AI (artificial intelligence) platform, “OJO,” announced today that two top industry leaders who have led at the highest levels in real estate

Recent Gov & Nonprofit Real Estate Press Releases

CHRIS HELLER

Accelerating OJO Labs’ ambitions to deliver exceptional consumer experiences, Chris Heller...

OJO Labs, which empowers consumers to make better decisions through its conversational AI (artificial intelligence) platform, “OJO,” announced today that two top industry leaders who have led at the highest levels in real estate