Stacy Neir of Kentwood City Properties, Noted Artist Michael Gadlin to Host “Art of...

DENVER, CO - February 14, 2011 - (RealEstateRama) -- Stacy Neir, a leading Broker Associate with Kentwood City Properties, and award-winning artist Michael Gadlin, will host a special “Art of Living” event on Sunday, February 27, 2011 from noon t...

ZipRealty’s Monthly Price Reduction Index Reports Double Digit Increase in Number of Price Reduced...

EMERYVILLE, CA - February 14, 2011 - (RealEstateRama) -- Home sellers continue to discount their asking price in an attempt to entice buyers to move towards a purchase according to a report issued by national real estatebrokerage ZipRealty (www.ziprealty.com; NASDAQ: ZIPR). ZipRealty’smonthly Price Reduction report, which is generated from a review of MLS-listed properties in 26 markets, shows that inventory is up a modest 2.81 percent from January 2010, but the total number of homes where sellers have cut the asking price at least once was up 17.6 percent. This double-digit growth in discounted homes may be another indicator of a sluggish market.

The American Institute of Architects Issues Statement on Obama Administration’s Fiscal 2012 Budget

Washington, D.C. - February 14, 2011 - (RealEstateRama) -- The American Institute of Architects (AIA) today issued the following statement on the fiscal 2012 budget President Obama presented to Congress this morning

Housing Policy Council Statement on Administration’s Proposal for GSE Reform

Washington, D.C. - February 14, 2011 - (RealEstateRama) -- In response to the Administration's release of its report, “Reforming America’s Housing Finance Market”, John H. Dalton, President of the Housing Policy Council issued this statement:

Bucks County landlords pay $31,000 for denying housing to families with children

Swarthmore, PA - February 14, 2011 - (RealEstateRama) -- The Fair Housing Council of Suburban Philadelphia (FHCSP), a single mother, and her minor child settled federal housing discrimination complaints filed against Bucks County property management company Quality Realty Associates (QRA) and agents Vincent Quattrocchi, Louis Quattrocchi and Cecelia Quattrocchi.

Administration’s Housing Plan Leaves Taxpayers and the Economy at Risk

WASHINGTON, D.C. - February 14, 2011 - (RealEstateRama) -- While Fannie Mae and Freddie Mac need serious reform, we must get these reforms right. Among the Administration’s several proposals, only one—the one that maintains a limited role for the GSEs—even has potential for ensuring all families have access to home loans and achieving stability in the housing market.

Freddie Mac Announces K-701 Offering of K Certificates Backed Only By 7-Year Multifamily Mortgages

McLean, VA - February 14, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today announced its first ever offering of Structured Pass-Through Certificates (“K Certificates”) backed only by multifamily mortgages with a 7-year term. The company expects to offer approximately $861 million in K Certificates (“K-701 Certificates”), which are expected to price the week of February 21, 2011, and settle on or about March 9, 2011

Census Bureau Releases First Detailed Data on Katrina Damage to New Orleans Area Housing

February 14, 2011 - (RealEstateRama) -- Almost three-quarters (74 percent) of current homeowners in the New Orleans area say their homes were damaged by Hurricane Katrina, according to data released today by the U.S. Census Bureau. Of these, more than four in 10 reported their homes had suffered major damage and required repairs of $15,000 or more for which most owners received federal flood insurance.

HUD RELEASES PROPOSED FY2012 BUDGET

WASHINGTON, DC - February 14, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today unveiled HUD’s fiscal year 2012 budget proposal. Titled Creating Strong, Sustainable, Inclusive Communities and Quality Affordable Homes the budget seeks to help lead America out of an unprecedented economic crisis and ensure our economy is competitive – growing and working for all Americans. HUD is taking responsibility for our deficit, by investing in what makes America stronger and cutting what doesn’t.

SEC Charges Former Mortgage Lending Executives With Securities Fraud

Washington, D.C. - February 14, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today charged three former senior executives at IndyMac Bancorp with securities fraud for misleading investors about the mortgage lender’s deteriorating financial condition.

HUD ANNOUNCES ADDITIONAL $50 MILLION TO HELP TENNESSEE COMMUNITIES RECOVER FROM 2010 DISASTER

WASHINGTON, DC - February 14, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced an additional $50 million in disaster funding to help Tennessee communities recover from last spring's devastating storms and flooding. Provided through HUD's Community Development Block Grant (CDBG) Program, these grants will supplement $24 million awarded by HUD last September to support long-term disaster recovery efforts throughout the Volunteer State.

Tips for hiring a home remodeling contractor

February 14, 2011 - (RealEstateRama) -- Home improvement can be both exciting and intimidating. Whether you’re just thinking about remodeling or ready to start, we’ll guide you all the information you need to make a smart decision on how to hire a professional home remodeling contractor and how to make your home beautiful for live with joy and happy. Find information on choosing the right re-modeler for the job using the Directory of Professional Re-modelers, avoiding contractor fraud, how to enjoy your home for a lifetime, and much more!

Hensarling Statement on Administration’s Report on Housing Finance Reform

WASHINGTON, DC - February 14, 2011 - (RealEstateRama) -- House Republican Conference Chairman Jeb Hensarling (R-Texas) today released the following statement on the Administration’s report on Housing Finance Reform.

Best Housing Markets Named in 2011

Destin, FL - February 14, 2011 - (RealEstateRama) -- The best housing markets forecast in 2011 have been named by Housing Predictor, which forecasts local markets in all 50 U.S. states. Markets are annually selected by the real estate research firm, and updated as regional market conditions demand over the entire year.

America Needs an Affordable and Adequately Regulated Secondary Market, Says NAR

Washington, DC - February 14, 2011 - (RealEstateRama) -- The National Association of REALTORS® welcomes the Obama Administration’s call for an orderly transition from the current form of the secondary mortgage market to a new structure that would enable Americans to achieve affordable, sustainable mortgages

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