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Homeowners Say They’ll Walk from Mortgages

Destin, FL - January 24, 2011 - (RealEstateRama) -- Almost half of U.S. homeowners say they’ll walk away from their mortgages if home prices continue to fall. That’s according to a new survey conducted by online real estate forecasting firm Housing Predictor.

Countdown to National Consumer Protection Week 2011 Begins; Website and Blog Launched

Washington, DC - January 24, 2011 - (RealEstateRama) -- The Federal Trade Commission has launched the website and blog for National Consumer Protection Week (NCPW) 2011, to be held March 6-12. The annual event, now in its 13th year, is hosted by the FTC and nearly 30 other government agencies, consumer groups, and national organizations. The website, www.ncpw.gov, provides information about consumer rights, and promotes free resources to help consumers protect their privacy, manage credit and debt, avoid identity theft, understand mortgages, and recognize frauds and scams.

$350,000 awarded Wayne Community Housing Development Corporation for Purchase/Rehab/Resell program

LINCOLN, NB - January 21, 2011 - (RealEstateRama) -- The Nebraska Department of Economic Development (DED) has awarded Wayne Community Housing Development Corporation (WCHDC) in Wayne, Neb., $350,000 in HOME funding earmarked for Community Housing Deve...

Merkley Tells President Stronger Action Needed on Foreclosure Crisis

Washington, D.C. - January 20, 2011 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley penned a letter to President Obama today urging a greater focus on helping families stay in their homes and avoid foreclosure. In the letter, Merkley stressed that a strong housing market is essential to future job creation and noted that next week’s State of the Union address would be an ideal moment to jump start the conversation about how we can decrease foreclosures, stabilize the housing market, and help spur economic recovery.

Bankrate: Mortgage Rates Stuck in a Holding Pattern

NEW YORK, N.Y. - January 20, 2011 - (RealEstateRama) -- Mortgage rates showed little movement this week, with the benchmark conforming 30-year fixed mortgage rate nosing higher to 4.95 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.4 discount and origination points.

Real property taxes are due soon

L?HU‘E, HI - January 20, 2011 - (RealEstateRama) -- County officials would like to remind Kaua‘i property owners that the second installment of real property taxes for the 2010-2011 tax year is due on Feb. 20

Tame Inflation Figures Leave Mortgage Rates Mixed

McLean, VA - January 20, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®). The survey results showed mixed results for both long- and short-term rates, with the 30-year rising slightly and the 15-year falling just as slightly.

Secretary Chu Announces Major New Recovery Act Milestone: 300,000 Homes Weatherized

WASHINGTON, DC - January 20, 2011 - (RealEstateRama) -- U.S. Department of Energy Secretary Steven Chu today announced that states and territories across the country have now weatherized more than 300,000 low-income homes under the Recovery Act, a major milestone in the Department's efforts to reduce home energy bills for families. This means that states are now more than 50 percent of the way toward meeting President Obama's goal of weatherizing approximately 600,000 homes under the Recovery Act.

HUD AWARDS $1.4 BILLION TO NEARLY 7,000 LOCAL HOMELESS PROGRAMS – PART OF ADMINISTRATION...

WASHINGTON, DC - January 20, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today awarded $1.41 billion in funding to keep nearly 7,000 local homeless assistance programs operating in the coming year (see attached chart).

December Existing-Home Sales Jump

Washington, DC - January 20, 2011 - (RealEstateRama) -- Existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of REALTORS

Owners, Renters Agree: Owning a Home is a Smart Decision

Washington, DC - January 20, 2011 - (RealEstateRama) -- A substantial majority of both home owners and current renters agree that owning a home is a smart decision over the long term. That’s according to the results of a National Association of Realtors® survey of 3,793 adults conducted online by Harris Interactive

Drew Waterhouse of Hammerhouse Provides Outlook On ...

MISSION VIEJO, CA - January 20, 2011 - (RealEstateRama) -- Hammerhouse LLC, an expanding national recruiting and strategic growth firm for the financial service industry with mortgage sales and leadership placement at its core, today released Drew Waterhouse, Managing Director of Hammerhouse outlook on key hiring trends in the mortgage industry in 2011

ConsensusDOCS® Releases New and Updated Contract Documents to Address Today’s Design and Construction Industry...

Washington D.C. - January 20, 2011 - (RealEstateRama) -- In response to the construction industry’s markedly changed economic conditions and rapid adoption of new technologies and green building goals, ConsensusDOCS today released a comprehensive update to its library of construction contract documents, as well as new contracts.

Housing Starts Decline, Building Permits Rise in December

WASHINGTON, D.C. - January 20, 2011 - (RealEstateRama) -- Nationwide housing starts declined 4.3 percent to a seasonally adjusted annual rate of 529,000 units in the final month of 2010, according to newly released figures by the U.S. Commerce Department. While this was the slowest pace of starts activity since October 2009, the year-end data indicate that production of new homes improved 6.1 percent in 2010 from the previous year. On another positive note, permit issuance for construction of new homes and apartments rose 16.7 percent in December to a rate of 635,000 units, the strongest pace since March of 2010

RE/MAX EXECUTIVES PROMOTED TO LEAD CHARGE IN 2011

DENVER, CO - January 20, 2011 - (RealEstateRama) -- RE/MAX, LLC today announced the promotion of two key executives as the Denver-based franchise continues to dominate the real estate industry both domestically and internationally

Nation’s Home Builders Elect Leadership for 2011

WASHINGTON, D.C. - January 20, 2011 - (RealEstateRama) -- Members of the National Association of Home Builders (NAHB) elected four senior officers to top leadership positions within the federation during the association's International Builders' Show in Orlando.With more than 800 affiliated state and local home builders associations and more than 160,000 members across the country, NAHB is the "voice of the housing industry," representing the interests of the nation's housing professionals through advocacy, education and research

Rahall Announces $1.4 Million Awarded for Housing Assistance

WASHINGTON, D.C. - January 19, 2011 - (RealEstateRama) -- U.S. Rep. Nick Rahall (D-W.Va.) today announced southern West Virginia housing programs have been awarded nearly $1.4 million in grant funding for housing assistance to homeless individuals a...

Delegation Announces More Than $1.6 Million In Grants For Homelessness Programs

Washington, DC - January 19, 2011 - (RealEstateRama) -- Senators Kent Conrad and John Hoeven and Congressman Rick Berg announced today that the U.S. Department of Housing and Urban Development (HUD) is awarding $1,665,449 in federal grants to organizations and government agencies throughout North Dakota to combat homelessness in the state

AHFC Approves $625,000 Zero-Percent Loan to Increase Homeownership in Fairbanks

Anchorage, AZ - January 19, 2011 - (RealEstateRama) -- Qualifying Alaskans will have greater access to homeownership through a $625,000 loan approved by the Alaska Housing Finance Corporation board of directors. The loan will allow Fairbanks Neighborhood Housing Services, Inc. (FNHS) to continue its down-payment assistance loan program for under-served markets and provide assistance to borrowers who would not qualify for home ownership due to income limitations, down-payment requirements, loan-to-values, or other considerations

U.S. Green Building Council Welcomes New Board Directors

Washington, DC - January 19, 2011 - (RealEstateRama) -- The U.S. Green Building Council (USGBC) has announced the newly elected officers and new directors to its 2011 Board of Directors. At elections that closed in December, USGBC’s membership elected the following individuals to serve as directors:

U.S. National


Transcript of Speaker Pelosi, Congresswoman Garcia Press Conference in Houston on House Democrats’ Moving...

National
Speaker Nancy Pelosi, Congresswoman Sylvia Garcia and Congresswoman Sheila Jackson Lee held a press conference in Houston following a roundtable discussion with local business and labor leaders on House Democrats’ Moving Forward infrastructure proposal
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.130 Trillion

National
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $57.85 billion in January, providing financing for more than 223,938 homeowners and renters.

Essential General Real Estate Terms You Should Know

National
The world of real estate is full of industry specific jargon that can make you feel out of your depths at every step of the way. It can add layers of confusion to an already complicated and stressful process. This can keep you from being as confident as you should be and can keep you from ultimately achieving your goals.

Proptech Predictions for 2020

National
Proptech has been gaining prominence these past few years as it had evolved from being an aid of realty brokers and elites to become the wingman of the common folk. Rather than listing scores of properties on countless pages, technology fared better when it out from a user's end to hunting for properties.
Hospitality Interior Designs

Top Trending Hospitality Interior Designs

National
Hotel design has progressed into a dynamic, bold, and colorful concept. There are many aspects that go into designing the spaces of a hotel to impress guests and bring them back later on. Here are some of the leading trends for hotels in 2019

Costly Moving Mistakes to Avoid

National
Moving is an involving task that requires you at your best. You don’t want to arrive at your new place with broken or damaged items. To ensure you have a seamless moving, this article looks at some of the most common moving mistakes and how to avoid them.
MBA

January New Home Purchase Mortgage Applications Increased 35.3 Percent

National
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2020 shows mortgage applications for new home purchases increased 35.3 percent compared from a year ago.
FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

National
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
NAHB

Housing Production Shows Solid Start to 2020

National
Total housing starts decreased 3.6 percent in January from an upwardly revised December reading to a seasonally adjusted annual rate of 1.57 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department

Sirjames Buchanon named Chief Community Officer of Operation HOPE

National
Operation HOPE today announced the appointment of Sirjames Buchanon as Chief Community Officer, effective immediately. Buchanon has served as Confidential Assistant to Operation HOPE Founder, Chairman, and Chief Executive Officer John Hope Bryant, for the past seven years.

Civil Rights Groups Lead Growing Opposition to Trump Administration Attack on Fair Housing

National
More than 13,000 people have submitted comments to the Department of Housing and Urban Development (HUD) in response to a new rule that would effectively eliminate a core civil rights tool under the Fair Housing Act.
CHA

CHA’s Dearborn Homes receives $2.8 million grant that supports work readiness

National
The Chicago Housing Authority has received a $2.8 million grant from the U.S. Department of Housing and Urban Development (HUD) Friday for the JobsPlus program
Congresswoman Eleanor Holmes Norton

Norton Introduces Bill to Allow the National Children’s Museum to Remain in the Ronald...

National
Congresswoman Eleanor Holmes Norton (D-DC) introduced the National Children’s Museum Act today, which would require the General Services Administration (GSA) to enter into a cooperative agreement
USDA

USDA and EPA Announce Continued Commitment to Support Rural Water Systems

National
The U.S. Department of Agriculture (USDA) announced a Memorandum of Agreement (MOA) with the U.S. Environmental Protection Agency (EPA) that will help rural water systems face the challenges of aging infrastructure, workforce shortages
ABI

Pharmaceutical Cases, Intersection of IP and Bankruptcy, SBRA, Real Estate Cases and More to...

National
The American Bankruptcy Institute's (ABI) 2020 Annual Spring Meeting returns to the JW Marriott in Washington, D.C., April 23-25. ABI’s largest annual conference features timely concurrent
NAR

NAR Announces New Cyber Liability Insurance Program for Realtors®

National
The National Association of Realtors® this morning announced a partnership with CyberPolicy® to deliver a new cyber liability insurance program designed to meet the unique needs of real estate professionals
SEC

SEC Charges Real Estate Company and Executives With Defrauding Retail Investors, Obtains Emergency Relief

National
The Securities and Exchange Commission today announced an emergency enforcement action and a temporary restraining order and asset freeze against Florida-based private real estate firm
SEC

SEC Proposes to Modernize Key Market Infrastructure Responsible for Collecting, Consolidating, and Disseminating Securities...

National
The Securities and Exchange Commission today proposed to modernize the infrastructure for the collection, consolidation, and dissemination of market data for exchange-listed national market
EPA

EPA Announces $2.7 Billion for Infrastructure to Protect Surface Waters and Drinking Water

National
The U.S. Environmental Protection Agency (EPA) announced the availability of $2.7 billion for State Revolving Funds (SRFs). This funding assists states, tribes and territories with infrastructure projects that help protect surface water

Senate Democrats Demand Housing Agency Remove Unprecedented Obstructions Of Puerto Rico Disaster Funds

National
“HUD’s actions make it more difficult for our fellow Americans on the island to receive desperately needed assistance to protect their homes and communities from future disasters"

U.S. States


Avoid TV Tip-Over Incidents During Super Bowl LIV with Safety Tips

New York
The New York State Division of Consumer Protection (DCP) is alerting consumers about the dangers of television (TV) tip-over hazards. Millions of New Yorkers will watch the Super Bowl this Sunday either on TVs at home or at parties with friends. DCP is taking this TV-focused occasion to remind consumers of critical TV safety tips.
Starbucks_Fresno

Brand-New Single-Tenant Starbucks Drive-Thru Trades in Fresno, Calif. for $1,345 PSF

California
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 has completed the sale of a brand-new, single-tenant Starbucks
FEMA

Rosenberg family home for the holidays – and prepared for future hurricanes

Texas
A Houston-area mom is sharing her Hurricane Harvey recovery story this holiday season, along with the importance of always being prepared for flood events.

5 Cities in Florida: Which One Makes for the Best Real Estate Investment Opportunity...

Florida
Fast-growing Florida has been a favorite of real estate investors for many years. With so much interest having been focused on the state, though, investors need to take care to seek the best available opportunities.

WALTER J. MAHONEY STATE OFFICE BUILDING TO BE SOLD

New York
Office of General Services Commissioner RoAnn Destito today announced that the Senator Walter J. Mahoney State Office Building located at 65 Court Street in Buffalo will be sold at auction in 2020. A work group formed earlier this year made up of City, County, and State officials working with professional real estate consultants CBRE, determined that in the current competitive and robust Buffalo real estate market
SCR

Charleston South Carolina expected to outpace national real estate market averages through 2025

National
The National Association of Realtors® (NAR) recently identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are
Peter Evering

WHAT IS THE EVICTION PROCESS IN CALIFORNIA?

California
Eviction is a dirty word for both tenants and the landlords that believe the time has come to remove one or more parties from an apartment. The process anywhere can lead to a strained relationship at best and a bitter acrimonious fight that ends up in the judicial system.
FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Texas
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Katy, Houston and Spring from Monday, Dec. 9, to Saturday
ABC National

Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a...

Florida
Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education
Top 4 Places to Buy a Second Home

Top 4 Places to Buy a Second Home in the US

National
There are about 7.4 million homes owned as a second home in the United States. For many people, their second home is a vacation home. This gives them a chance to get away and break routine while also having all of the comforts of being in their own home.
Carol Corden cuts the ribbon

Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...

New York
New Destiny was joined by supporters and colleagues to celebrate the opening of its newly constructed service-enriched affordable housing project - The Jennings - located in the Crotona Park East
HUD - U.S. Department of Housing and Urban Development

HUD AWARDS $1.5 MILLION TO PUBLIC HOUSING AUTHORITIES TO ASSIST YOUNG PEOPLE AGING OUT...

National
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out

BLM NAMES VETERAN LAND MANAGER TO LEAD CALIFORNIA STATE OFFICE

California
The Bureau of Land Management today announced that Karen Mouritsen has been named the new California State Director—a key leadership position based in Sacramento. As State Director, Mouritsen will direct a team that manages lands encompassing 15% of the Golden State’s total land mass
USDOJ

California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns

California
Today, a federal jury found an Oakland-area real estate developer guilty for funneling tens of thousands of dollars through straw donors into two consecutive congressional campaigns

NYS OASAS ANNOUNCES OPENING OF NEW RECOVERY CENTER IN NEW YORK CITY

New York
The New York State Office of Alcoholism and Substance Abuse Services (OASAS) today announced the opening of the new JLC Recovery and Wellness Center in New York City. JLC is operated by Exponents Inc. and provides free help and support services for people affected by addiction and for their families.

Robust U.S economy not a boost for black homeownership

National
In spite of a robust U.S. economy, a strong employment rate, and steadily increasing 401(k) plan earnings, Black homeownership rates continue to drop. Drawing from the 2019 release of the National Association of Real Estate Brokers
DOI

Share Secretary Bernhardt Inspects Key Water and Power Facility in Western Colorado

National
WASHINGTON – U.S. Secretary of the Interior David Bernhardt inspected a key piece of national water infrastructure at Morrow Point Dam, located on the Gunnison...

Laura Derrick named 2019 South Carolina REALTOR® of the Year

National
South Carolina REALTOR® (SCR) member, past president and Realtor® at Coldwell Banker Residential Brokerage in Columbia, was named the association’s 2019 REALTOR® of the Year at its annual conference at the Francis Marion Hotel in Charleston on September 11, 2019.
FEMA

Impacted by Recent Flooding, Tornadoes and Severe Storms? Here’s How to Apply for FEMA...

Mississippi
Mississippi households in eight counties impacted by the storms, straight-line winds, tornadoes and flooding beginning on February 22 and continuing to March 29, 2019 are eligible to apply for federal disaster assistance to help
Miami’s Real Estate Industry

The Wizards of OZ: A Discussion about Opportunity Zone Investment

Florida
Last week CREW Miami (Commercial Real Estate Women) held its September lunch program, The Wizards of OZ hosting a panel of experts who discussed and answered questions about recent Opportunity Zone transactions

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

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.

Recent Gov & Nonprofit Real Estate Press Releases

Mercy Housing

MERCY HOUSING NAMES ISMAEL GUERRERO AS NEW PRESIDENT AND CEO

Mercy Housing, Inc., the nation’s largest affordable housing nonprofit headquartered in Denver, has named Ismael Guerrero as its new President and CEO. He will officially assume his role on July 1, 2020, and will lead the organization in its mission