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Despite Labor and Pricing Pressures, Turner Forecasts Continued Increase in Construction Costs

New York, N.Y. - September 17, 2007 - Turner Construction Company, the nation’s leading general builder, today published its quarterly Turner Building Cost Index forecasting that construction costs in the US building industry are continuing to increase in the Third Quarter

Despite Mortgage Woes, Subprimes Serve Purpose

COLLEGE STATION, TX – High-risk home mortgages are facing national scrutiny thanks to the recent rise in subprime foreclosures, but a noted research economist with the Real Estate Center at Texas A&M University is coming to their defense.

NAHREP Members Overwhelmingly Favor FHA Reforms

WASHINGTON, Sept. 14 /PRNewswire-USNewswire/ -- Hispanic Real Estate Professionals overwhelmingly favor Federal Housing Administration reforms and believe Hispanic homebuyers and those with adjustable-rate subprime loans could be better served if proposed changes to FHA programs are quickly adopted by Congress, according to a survey released today by the National Association of Hispanic Real Estate Professionals (NAHREP).

Mortgage Problems to Dampen Home Sales in the Short Term

WASHINGTON, Sept. 11 /PRNewswire-USNewswire/ -- Tighter credit for home mortgages will measurably dampen home sales in the short term and postpone an expected recovery for existing-home sales until 2008, according to the latest forecast by the National Association of Realtors(R).

New Foreclosures Up in 47 States

WASHINGTON, Sept. 6 /PRNewswire-USNewswire/ -- The 2nd Quarter National Delinquency Survey, released today by the Mortgage Bankers Association (MBA), shows that mortgage loans entering foreclosure have increased in 47 states since this time last year. On average, the increases were 50% higher. Only four states -- North Dakota, South Dakota, Utah and Wyoming -- did not experience increases in new foreclosures. Less than two percent of the American population lives in those states.

U.S. HOUSE PRICES SLOW

WASHINGTON, DC – U.S. home prices increased only slightly in the second quarter of 2007 according to the OFHEO House Price Index (HPI). The HPI, which is based on data from sales and refinance transactions, was 0.1 percent higher in the second quarter than in the first quarter of 2007. This is below the revised growth rate of 0.6 percent for the previous quarter and the lowest since the fourth quarter of 1994. Prices in the second quarter of 2007 were 3.2 percent higher than they were in the same quarter of 2006, the lowest annual price change since the 1996-97 period.

APA Begins Work on American National Standard for SIPs

Gig Harbor, WA - July 30, 2007 - APA–The Engineered Wood Association received accreditation as a standards developer from the American National Standards Institute in May of 2007. The American National Standards Institute (ANSI) coordinates the development and use of voluntary consensus standards in the United States, and represents the needs and views of U.S. stakeholders in standardization forums around the globe.

U.S. National


Enterprise Community Partners

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

National
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

National
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

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

National
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
MBA

Mortgage Credit Availability Increased in May

National
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.
Meridian-Pasadena

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

National
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
SEIA

Solar Leader REC Group Joins SEIA’s Board of Directors

National
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

Disney Commits $1M to the National Recreation and Park Association to Support Play Spaces...

National
The National Recreation and Park Association (NRPA), today, announced the recipients of its 2019 Meet Me at the Park Play Spaces grants. Part of a $1 million donation by The Walt Disney Company
Ginnie Mae

Ginnie Mae Publishes Ginnie Mae 2020 Progress Update

National
Ginnie Mae today released a progress update to its Ginnie Mae 2020 white paper, detailing strides the agency has made toward modernizing its mortgage-backed securities (MBS) platform
NAR

National Association of Realtors® Files Amicus Brief Defending Labor Department’s AHP Rule

National
The National Association of Realtors® filed an amicus brief(link is external) in defense of the Department of Labor’s (DOL) Association Health Plan rule late last week. Amicus briefs are legal documents filed
NAHB

NAHB Unveils Resources for Home Builders to Address Opioid Crisis

National
The National Association of Home Builders (NAHB) rolled new resources, “Opioids in the Home Building Industry: Making it Your Business,” to help residential construction companies address the opioid crisis facing the home building industry
Mayor Muriel Bowser

Ahead of Annual DC Housing Expo and Home Show, Mayor Bowser and EagleBank Announce...

National
Mayor Muriel Bowser and EagleBank President and Chief Executive Officer Susan G. Riel announced an exclusive mortgage loan option program designed to help DC Government employees achieve homeownership in the District of Columbia.
Congresswoman Eleanor Holmes Norton

Norton Files Amendment to Increase Funding for Anacostia River Cleanup

National
Congresswoman Eleanor Holmes Norton (D-DC) filed an amendment last Friday to the fiscal year 2020 Energy and Water Development Appropriations bill that would increase funding for the Anacostia Watershed Restoration Program, building on Norton’s longstanding work to restore the Anacostia River.

John Hope Bryant to discuss Economic Inclusion in Charlottesville, Virginia

National
Operation HOPE Founder, Chairman, and Chief Executive Officer John Hope Bryant, will discuss economic inclusion at an event tomorrow in Charlottesville, Virginia, at the Vinegar Hill Theatre. Entitled “From Civil Rights to Silver Rights: Economic Prosperity through Inclusion
Rockford

Hanley Investment Group Arranges Sale of Retail Pad Building at Walmart Supercenter in Rockford,...

National
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Vice President Jeff Lefko and Executive Vice President Bill Asher
ABC National

Construction Employment Sees Modest Gains in May, Says ABC

National
The construction industry added 4,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released today from the U.S. Bureau of Labor Statistics. On a year-over-year basis, construction employment has expanded by 215,000 jobs
Mayor Muriel Bowser

Mayor Bowser and EagleBank to Announce Mortgage Loan Product to Help District Employees Achieve...

National
At 11:30 am, Mayor Muriel Bowser and EagleBank President and CEO Susan Riel will announce an exclusive mortgage loan program designed to help District Government employees achieve homeownership in the District of Columbia
AGC

CONSTRUCTION JOBS INCREASE BY 4,000 IN MAY AND 215,000 OVER 12 MONTHS AS INDUSTRY...

National
Construction employment increased by 4,000 jobs in May and by 215,000, or 3.0 percent, over the past 12 months, while the number of unemployed jobseekers with construction experience fell to a record low, according to an analysis of new government data by the Associated General Contractors of America

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

National
A disaster relief bill that includes $50 million for the National Coastal Resilience Fund was signed into law today by President Donald Trump.  U.S. Senator Sheldon Whitehouse created the National Coastal Resilience Fund to restore and strengthen the natural infrastructure
Congresswoman Eleanor Holmes Norton

Norton to Speak at RFK Stadium Site Athletic Fields Opening, Tomorrow

National
Congresswoman Eleanor Holmes Norton (D-DC) will speak tomorrow, Saturday, June 8, 2019, at the ribbon cutting of new athletic fields at the RFK stadium site at 11:00 a.m.  Norton recently introduced a bill to sell the RFK stadium site,
EPA

EPA Issues Guidance on Clean Water Act Water Quality Certification

National
As directed by President Trump, today the U.S. Environmental Protection Agency (EPA) released guidance on Section 401 of the Clean Water Act (CWA) that provides recommendations to clarify and streamline the 401 certification process and to promote greater investment

U.S. States


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.
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

BLM TERMINATING LAND USE PLAN DEVELOPMENT IN NORTHWEST CALIFORNIA

California
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,...

California
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.

Popular


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

Enterprise Community Partners

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

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