RealEstateRama   -   Real Estate   -   Government   -   Nonprofit   -   Web

All USA


Builder Confidence In Condo Market Declines Again

March 11, 2008 - The Multifamily Condo Market Index (MCMI) ended 2007 on a low note, with the component of the index tracking builder confidence in current conditions standing at 18.8, down nearly 11 points from the same time a year ago, according to the National Association of Home Builders (NAHB)

NAHB’s Cost Of Doing Business Study Helps Builders Evaluate Their Financial Performance

March 11, 2008 - Builders now have an opportunity to see how their business stacks up against the competition. The National Association of Home Builders (NAHB) recently released the 2008 edition of the Cost of Doing Business Study, a national study of builders’ business practices and financial performance.

Why Now is a Smart Time to Buy

Now is a great time to buy a home, say the financial gurus at the Wall Street Journal. The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it’s not revolutionary, but some potential customers might find it reassuring

Homes Of The Billionaires

That's right. Legendary investor Warren Buffett, 77, still calls his humble digs in Omaha's Happy Hollow suburb home, despite a $62 billion fortune that eclipses the gross domestic products of Croatia and Jordan combined.

Studies Show Alternatives More Effective In Addressing Affordability Problems

March 6, 2008 - Mandatory inclusionary zoning requiring builders to sell a certain number of homes at below-market prices is a complex market intervention that can act like a tax on housing and worsen the affordable housing problem it is meant to solve.

Housing Finance System Reform Vital For Housing And Economy, Builders Tell Congress

March 6, 2008 - To help bolster a faltering housing market, the National Association of Home Builders (NAHB) today called on Congress to move quickly to enact comprehensive regulatory reform for housing government sponsored enterprises (GSEs) Fannie Mae, Freddie Mac, and the Federal Home Loan Banks that will ensure their financial safety and soundness and allow them to vigorously pursue their housing mission.

Recognizing Inspection Red Flags

Practitioners can protect themselves against potential liability by learning how to pick out visible defects in new and older homes.

Weak Economic Reports Drive Mortgage Rates Downward

McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 6.03 percent with an average 0.5 point for the week ending March 6, 2008, down from last week when it averaged 6.24 percent.

Flat Existing-Home Sales Likely Before Gradual Recovery

WASHINGTON, March 06, 2008 - The volume of existing-home sales is expected to hold steady through late spring, with a gradual recovery during the second half of the year as the mortgage situation improves in high-cost areas, according to the latest forecast by the National Association of Realtors®. Lawrence Yun, NAR chief economist, said many buyers have been waiting for higher mortgage loan limits.

REALTORS Urge Increased National Loan Limit as Vital to Housing Market

WASHINGTON, March 06, 2008 - The National Association of Realtors® today called on the U.S. Senate to enact reform legislation for the nation’s government-sponsored enterprises (GSEs) that will protect the vibrancy, liquidity and stability of the U.S. housing finance system.

The U.S. Department of Housing and Urban Development to Use Radar Logic as a...

NEW YORK, NY – March 6, 2008 – The Secretary of Housing and Urban Development (HUD) today released the new median home price guidelines for use in establishing conforming loan limits as part of the Economic Stimulus Act.

Economic Stimulus’ Biggest Real Estate Winners

There's some good news on the horizon for homeowners in cities like San Diego, Washington D.C. and Sacramento, Calif., where the real estate boom and bust has left those markets reeling from the effects of overbuilding, bad loans and foreclosures.

REALTORS® Reach More Consumers with New NAR Strategic Alliance

WASHINGTON, March 05, 2008 - The National Association of Realtors® has established a strategic alliance that will help Realtors® identify potential home buyers and sellers more efficiently. infoUSA Inc. joins NAR’s roster of REALTOR Benefits® partners as a leading provider of sales leads, mailing lists and database marketing tools.

HUD AWARDS $50 MILLION TO AID PUBLIC HOUSING SENIORS AND FAMILIES

WASHINGTON - The U.S. Department of Housing and Urban Development today awarded more than $50 million in grants to assist senior citizens, disabled individuals and families living in public housing across the U.S, Hawaii, and Puerto Rico. HUD is awarding nearly $34 million to offer public housing residents greater access to education and employment and another $16 million to help elderly and disabled public housing residents to live independently

FORECLOSURE ACTIVITY INCREASES 8 PERCENT IN JANUARY

RealtyTrac the leading online marketplace for foreclosure properties, today released its January 2008 U.S. Foreclosure Market Report™, which shows foreclosure filings — default notices, auction sales notices and bank repossessions — were reported on 233,001 properties during the month, an increase of 8 percent from the previous month and an increase of nearly 57 percent from January 2007.

Children of Late Singer Fight Sale

Some of the singers’ 10 children don’t want the property sold. Ho himself put the home on the market for $10 million before he died last year. Family members never thought it would sell, but Ho’s trustees lowered the price to under $7 million and a sale is pending.

$1 Million Homes: A Prestigious Purchase

BusinessWeek Online surveyed million-dollar homebuyers in 20 markets across the country and concluded that buyers today who are seeking $1 million homes can truly afford them and see the purchase as a confirmation of their success – even when there are lots of other nice homes available for less.

FTC Sues Two Mortgage Foreclosure “Rescue” Operations

As part of the Federal Trade Commission’s intensified efforts to protect consumers from mortgage foreclosure rescue scams, the agency has filed two lawsuits charging six individuals and their businesses with falsely claiming that they will stop foreclosure.

REALTORS® Speak Out on Behalf of Housing Affordability for Veterans

WASHINGTON, February 28, 2008 - The National Association of Realtors® testified today in Congress that the Veterans Home Loan Guaranty Program should continue to be a valuable asset in helping the nation’s veterans achieve the dream of homeownership in a way that is safe, fair and affordable.

FTC Charges Mortgage Foreclosure “Rescuers” with Deceiving Homeowners

In an ongoing effort to crack down on businesses that prey upon homeowners facing foreclosure, the Federal Trade Commission has charged six businesses and three individuals with violating the Home Ownership and Equity Protection Act (HOEPA), the FTC Act, and the Truth in Lending Act (TILA) by enticing homeowners into high-cost, short-term loans secured by an additional mortgage on their homes.

U.S. National


We Buy Houses

How to Choose the Best ‘We Buy Houses’ Company to Sell Your Home

National
You can have many reasons to sell your home in Atlantic City. You may be moving to a new city due to your job, getting separated from your partner, or owning an abandoned property. In case you want to sell your home fast for cash, find a company offering ‘we buy houses in Atlantic City’ services.
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.
NAR

“NAR en Español” Reflects Growing Spanish-Speaking Membership, Expanding Global Reach

National
As its Spanish-speaking membership grows at an increasingly rapid pace, the National Association of Realtors® hosted a session fully in Spanish as part of the 2019 REALTORS® Conference & Expo.
ASE

Alliance Welcomes Efficiency Incentives In Energy Tax Bill

National
WASHINGTON - RealEstateRama - The Alliance to Save Energy released the following statement from President Jason Hartke on the Growing Renewable Energy and Efficiency...
ABC National

Construction Input Prices Unchanged in October, Says ABC

National
Construction input prices remained unchanged on a monthly basis in October but are down 2.2% year-over-year, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today.
AGC

Construction Employment Increases In 41 States And D.c. From October 2018 To October 2019,...

National
WASHINGTON, D.C. - RealEstateRama - Texas and Nevada Have Biggest Number and Percent of Annual Job Gains, Louisiana Has Largest Losses; Florida, Montana, Rhode Island...
Enterprise Community Partners

Nonprofit developer CPDC, Enterprise, and Bank of America team up with government and for-profit...

National
Washington, D.C.’s affordable housing industry is well known for collaborative financing projects. However, the latest preservation project at Randle Hill Apartments
NAR

NAR Responds to 12-Year High Capital Reserve Ratio in FHA Congressional Report

National
National Association of Realtors® President Vince Malta issued the following statement after the Federal Housing Administration released its 2019 Annual Report to Congress
NYU Furman Center

New York City Residential Eviction Filings Decline

National
The NYU Furman Center released a brief today showing an overall decline in residential evictions filed in New York City Housing Court between 2010 and 2017.
DOE

DOE Announces $15 Million to Deploy Energy Infrastructure on Tribal Lands

National
The U.S. Department of Energy (DOE) announced up to $15 million in new funding to deploy energy infrastructure on tribal lands. This funding through DOE’s Office of Indian Energy Policy and Programs
How To Negotiate Real Estate Agent

How To Negotiate Real Estate Agent’s Commission

National
There are three key people involved in home sales – the buyer, seller and the middle man or who we refer to professionally as a real estate agent. Each of the trio expects to get something from the transaction.
MBA

CMBS Market Plays a Significant Role in Commercial/Multifamily Real Estate Finance

National
The Mortgage Bankers Association (MBA) today released a new white paper, Role of CMBS in the Financing of Commercial and Multifamily Real Estate in America
Ginnie Mae

Ginnie Mae’s Director of MBS Policy and Program Development to Speak at Rewired Conference

National
Angel Hernandez, Ginnie Mae’s Director of MBS Policy and Program Development, will outline the corporation’s progress in the development of a digital mortgage solution framework
NAHB

Builder Confidence Holds Firm in November

National
Builder confidence in the market for newly-built single-family homes edged one point lower to 70 in November, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
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.
What is my BFE

What Is My BFE and What Does It Mean for My Home?

National
What is the likelihood that you could experience dramatic flooding from storm surges or rising sea levels? Do you know? If you live near a body of water, then you need to ask, "What is my BFE?"
HVAC Inspection

Here’s Why You Need to Get an HVAC Inspection Before You Buy a Home

National
When you're trying to do right by your home, one of the best things you can do is take care of the heating and cooling system. Rather than only focusing on maintenance, you should also key in on the HVAC system while shopping around for a house.
Buying Abandoned Storage Units

How to Make Money Buying Abandoned Storage Units

National
There are almost 50,000 self-storage facilities scattered across the country right now. There are actually more of these facilities in the U.S. than there are McDonald's restaurants (and it's not even close!).
Foreclosure Process

When the Hammer Falls: A Look Into the Foreclosure Process

National
Have you wondered what the process is for a foreclosure on a property? According to Attom Data, 362,275 homes in the U.S. foreclosed last year.
Appraisal Institute

Appraisal Institute Premieres Solar Photovoltaic Seminar

National
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, premiered a four-hour classroom seminar on developing the value

U.S. States


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

August Housing Stats for DC and Montgomery County

National
GCAAR is pleased to present its market information through a partnership with ShowingTime RealEstate Business Intelligence (RBI). Look to GCAAR as your source for comprehensive market data on the Washington, DC metro area market.

5 Popular Spots To Visit in Riverside, California.

National
If you're in California, you need to visit Riverside. Here's why. The largest city in the area of California known as the 'Inland Empire,' Riverside is a popular destination for people looking to escape the big city life of Los Angeles. Some sixty miles east, Riverside features beautiful architecture, a vibrant downtown area, and stunning views from its many mountain hikes

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®.

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

Recent Gov & Nonprofit Real Estate Press Releases

We Buy Houses

How to Choose the Best ‘We Buy Houses’ Company to Sell...

You can have many reasons to sell your home in Atlantic City. You may be moving to a new city due to your job, getting separated from your partner, or owning an abandoned property. In case you want to sell your home fast for cash, find a company offering ‘we buy houses in Atlantic City’ services.