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Best Places To Get Ahead

Move to New York, and you could become an investment-banking millionaire. Head for Los Angeles for a chance at an eight-figure Hollywood paycheck. Or go prospecting in San Francisco for dot-com gold.

Existing-Homes Sales Slip in January as Some Potential Buyers Wait on Sidelines

WASHINGTON, February 25, 2008 - Existing-home sales – including single-family, townhomes, condominiums and co-ops – slipped 0.4 percent to a seasonally adjusted annual rate(1) of 4.89 million units in January from an upwardly revised level of 4.91 million in December, and are 23.4 percent below the 6.44 million-unit pace in January 2007.

Governors Demand Federal Leadership On Subprime Mortgage Crisis

February 24, 2008 - Governor Eliot Spitzer today joined Governors from across the United States in calling on the Bush Administration to deliver a comprehensive solution to the ongoing mortgage crisis. As more Americans lose their homes, the Governors have taken aggressive actions and stand ready to partner with the federal government to deliver critical relief to homeowners in need.

REALTORS Hope to Improve State of Minority Homeownership

WASHINGTON, February 25, 2008 - “Homeownership is part of the American dream,” said 2008 NAR President-elect Charles McMillan. “As the nation’s leading advocate for housing issues, NAR is committed to removing disparities in homeownership and making the face of homeownership in this country look more like America.”

Mastering Foreclosures

REO business awaits those who can juggle details and expectations for fast turnover while earning the trust of lenders.

Federal Judge: Control Foreclosure Penalties

A federal judge in Wilmington, Del., where many of the country’s largest companies are incorporated, says he is considering reining in mortgage companies that have been foreclosing on consumers who have brought their home loan payments up to date while they are in bankruptcy.

Don’t Fear Falling Prices

Yale Professor Robert Shiller, whose Case-Shiller 20-city home price index has become an industry standard, says people shouldn’t fear gradually falling home prices.

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.

U.S. National


Property Management Services

Property Management Services: A Real Estate Investor’s Best Friend

National
Hiring a property management service for your rental property can be a huge asset when it comes to maintaining your rental property. The decision to hire a property management company is something to carefully consider but there are many pros
MBA

July New Home Purchase Mortgage Applications Increased 31.2 Percent

National
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for July 2019 shows mortgage applications for new home purchases increased 31.2 percent compared from a year ago.

BLM OPENS PUBLIC COMMENT PERIOD FOR DECEMBER LEASE SALE

National
The BLM has opened a 30-day public comment period for nominated oil and gas lease parcels located in Montana and North Dakota. The comment period runs August 15-September 14, 2019, and is intended to solicit public input
NAHB

Builder Confidence Trending Higher as Interest Rates Move Lower

National
Builder confidence in the market for newly-built single-family homes rose one point to 66 in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
MBA

Mortgage Applications Increase in Latest MBA Weekly Survey

National
Mortgage applications increased 21.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey
MBA

Mortgage Delinquencies Rise in the Second Quarter of 2019

National
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.53 percent of all loans outstanding at the end of the second quarter of 2019, according to the Mortgage Bankers Association's
NAR

National Association of Realtors® Applauds Long-Awaited FHA Condo Rule

National
The National Association of Realtors® today commended the Department of Housing and Urban Development for finalizing new Federal Housing Authority condominium loan policies.
NAR

National Association of Realtors® Partners with Food Recovery Network to Fight Hunger Across the...

National
During its annual Leadership Summit in Chicago, the National Association of Realtors® today announced a new commitment to fight hunger, as NAR will ensure all future events and meetings are Food Recovery Verified
NeighborWorks America

New Orleans symposium on reducing the life expectancy gap addresses strategies to improve health...

National
An Aug. 21 symposium in downtown New Orleans will explore how community development can play a critical role in advancing health, equity and opportunity for low- and moderate-income people. The event will highlight the most promising practices at the intersection of health, housing
NAHB

Statement from NAHB Chairman Greg Ugalde on Final ESA Regulations

National
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., issued the following statement after the administration released

Court Denies Fannie Mae’s Motion to Dismiss in Fair Housing Discrimination Lawsuit

National
The U.S. District Court for the Northern District of California largely DENIED Fannie Mae’s Motion to Dismiss a fair housing lawsuit concerning housing discrimination against communities of color. 
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.08 Trillion

National
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $47.188 billion in July, the highest since December 2016.
Habitat

DuPont partners with Habitat for Humanity on energy-efficient homebuilding projects

National
DuPont, a global provider of technology-based materials, ingredients and solutions including insulation, water barriers and other weatherization materials

Advocates Oppose FHFA’s Decision to Remove Language Preference Question from Loan Application

National
The Americans for Financial Reform (AFR) Language Access Task Force strongly opposes the decision announced yesterday by the Federal Housing Finance Agency (FHFA) to remove the question about a borrower’s language preference
USDOJ

USDA Invests in Rural Electric Infrastructure Improvements in 10 States

National
U.S. Department of Agriculture Rural Utilities Service Administrator Chad Rupe today announced that USDA is investing $181 million to upgrade rural electric systems in 10 states
NeighborWorks America

NeighborWorks America introduces innovative new CMS platform

National
NeighborWorks America, the preeminent leader in the national marketplace of housing counseling and sustainable homeownership, is pleased to announce that our new client management system
ABC National

Construction Input Prices Rebound in July, Says ABC

National
Construction input prices expanded 0.8% in July but are down 0.6% year-over-year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today.
NAR

Berkshire Hathaway HomeServices Names .realtor™ and .realestate Preferred Suppliers

National
The National Association of Realtors®’ top-level domains .realtor™ and .realestate have been named in the Preferred Supplier program by Berkshire Hathaway HomeServices, one of the most respected real estate brands in the nation.

What is a TV Mirror and Why do You Need it?

National
Being able to reconcile style and entertainment is one of the biggest challenges every interior designer face in doing his or her job. Clients may ask for a sleeker style for their homes, but they’re not always willing to do away with their favorite music and movies.
Mayor Muriel Bowser

Mayor Bowser Announces First National Housing Trust Fund Project Financed in Washington, DC

National
Mayor Muriel Bowser announced 1736 Rhode Island Avenue, NE, as the first affordable housing project in Washington, DC financed in part by the National Housing Trust Fund (HTF).

U.S. States


FEMA Awards Lake County More Than $2.2 Million for Hurricane Irma Expenses

Florida
FEMA has approved $2,202,339 for the State of Florida to help Lake County defray the costs of debris removal for Hurricane Irma under FEMA’s Public Assistance Program. FEMA funds will reimburse the county for the collection, reduction, disposal and site management of debris within Lake County between Sept. 18
USDOJ

Justice Department Resolves Claims that California Loan Modification Service Providers Discriminated Against Hispanic Homeowners...

California
The Department of Justice today announced a series of settlements to resolve allegations that several California-based mortgage loan modification service providers engaged in national origin discrimination in violation of the federal Fair Housing Act
Center for Biological Diversity

San Diego Lawsuits Challenge Sprawl Development in High-risk Fire Zone

Conservation organizations sued San Diego County today for approving Otay Ranch Village 14, a sprawl development that will pave over hundreds of acres of habitat for golden eagles and other imperiled wildlife and build new homes in one of California’s most dangerously fire-prone areas.
Enterprise Community Partners

Hurricane Harvey Relief Program to Assist Even More Families Thanks to Follow Up Grant...

Texas
The Rebuild Texas Fund has awarded the Texas State Affordable Housing Corporation (TSAHC) and Enterprise Community Partners (Enterprise) a $1.1 million follow-up grant to support the Housing and Economic Assistance to Rebuild Texas (HEART) Program. HEART
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

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

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

Property Management Services

Property Management Services: A Real Estate Investor’s Best Friend

Hiring a property management service for your rental property can be a huge asset when it comes to maintaining your rental property. The decision to hire a property management company is something to carefully consider but there are many pros