Foreclosure-Response.org Team Releases Latest Data on Serious Delinquency and Foreclosure Rates for All 366...

Washington, DC - December 1, 2010 - (RealEstateRama) -- The three co-creators of Foreclosure-Response.org – Local Initiatives Support Corporation (LISC), the Urban Institute, and the Center for Housing Policy – have compiled and released new data on seriously delinquent mortgages for all 366 U.S. metro areas. “Seriously delinquent” mortgages are those that are delinquent 90 days or more or are in the foreclosure process. Homeowners experiencing serious delinquency are at substantial risk of losing their homes.

Realtors® Say Mortgage Interest Deduction Vital to Home Ownership, Economy

Washington, DC - December 1, 2010 - (RealEstateRama) -- The following is a statement by National Association of Realtors® President Ron Phipps. “As the leading advocate for housing and home ownership issues, NAR firmly believes that the mortgage interest deduction (MID) is vital to the stability of the American housing market and economy.

Housing Predictor Rolls Out Annual Forecasts

Destin, FL - December 1, 2010 - (RealEstateRama) -- Housing Predictor, the online real estate research firm is rolling out its annual housing market forecasts for 2011. More than 230 local market forecasts are being issued for the year. All forecasts are annually updated for the New Year and are available to all online visitors for free as part of the company’s efforts to provide real estate forecasts, news and analysis on the housing market in the public interest.

Customizable IDX solution integrates Triangle listings online, to simplify and narrow property search

EUGENE, OR - November 30, 2010 - (RealEstateRama) -- Triangle MLS (TMLS) listings are now easier to search for than ever before, thanks to the unique partnership between real estate agent Robert Pearse and IDX, Inc. The IDX solution now employed on the website Pearse manages, automatically syncs TMLS listing data with his search page, to give home seekers a comprehensive and thorough online database of home listings. This revolutionary technology gives Pearse and his real estate website a leg-up over his competition, by making it the quickest and simplest place to search for properties online

STATE OF KANSAS REACHES WEATHERIZATION MILESTONE

TOPEKA, KS - November 30, 2010 - (RealEstateRama) -- Kansas has reached a major milestone under the American Recovery and Reinvestment Act of 2009 (ARRA) - completing weatherization work for more than 50 percent of the homes the state planned to weatherize. As of November 24th, weatherization providers completed more than 3,000 homes with Recovery Act funding.

Hartford National Title Launches Free Good Faith Estimate and HUD-1 Calculator

MILFORD, CT - November 30, 2010 - (RealEstateRama) -- Hartford National Title, Inc., a leading provider of title insurance and real estate closing services, announced today the launch of OneSourceQuote, its new Good Faith Estimate (GFE) and HUD-1 title calculator. This free online application is the byproduct of many months’ worth of developmental efforts and testing by programmers, staff, and beta clients.

Freddie Mac Prices $1 Billion Reopening of 0.875% Three-Year Reference Notes® Security

McLean, VA - November 30, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it auctioned a $1 billion reopening of its 0.875% three-year USD Reference Notes® security that matures on October 28, 2013. The stop yield for the issue, CUSIP 3137EACL1, was 0.869%, priced at 100.016468, or approximately 16.3 basis points more than three-year U.S. Treasury Notes. The bid-to-cover ratio was 2.915 to 1.

Home Values Decline in Third Quarter

McLean, VA - November 30, 2010 - (RealEstateRama) -- Freddie Mac (OTC:FMCC) announced today the results of its third quarter Conventional Mortgage Home Price Index (CMHPI).

Freddie Mac to Issue a New Two-Year Reference Notes® Security and $1 Billion Reopening...

McLean, VA - November 30, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it plans to issue a new two-year USD Reference Notes® security, CUSIP number 3137EACQ0, due on December 28, 2012. The issue will be priced on Wednesday, December 1, 2010, and will settle on Thursday, December 2, 2010, at benchmark size.

DISB Issues Bulletin Offering Guidance on Saving District Homes Against Foreclosure

Washington, DC - November 30, 2010 - (RealEstateRama) -- The DC Department of Insurance, Securities and Banking (DISB) recently issued a bulletin* to inform licensed residential mortgage lenders and mortgage borrowers of the enactment of a new emergency law requiring mortgage lenders to go through six months of mediation with a homeowner before proceeding with a foreclosure.

Charles Dunn Company Negotiates Downtown L.A. Lease Renewal for Associated Press

Torrance, CA - November 29, 2010 - (RealEstateRama) -- Chris Runyen of Charles Dunn Company, one of the largest full service regional real estate companies on the West Coast, represented the landlord, U.S. Bank, in a 10-year lease renewal of Associated Press’ offices at Figueroa Courtyard in Downtown Los Angeles. The largest West Coast bureau of AP, the 15,444-square-foot office is located at 221 S. Figueroa Street. The value of the transaction was approximately $5.5 million.

Lee & Associates San Diego County Negotiates $6.7 Million 10-Year Industrial Lease

Torrance, CA - November 29, 2010 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a 10-year lease of a 98,000-square-foot LEED Certified industrial building located at 2633 Progress St. in Vista, Calif., in San Diego County. The lease is valued at approximately $6.7 million.

Rising Commodity and Materials Prices Drive Turner Building Cost Index to Slightly Increase for...

New York, N.Y. - November 29, 2010 - (RealEstateRama) -- Turner Construction Company announced that the Fourth Quarter 2010 Turner Building Cost Index has slightly increased over the Third Quarter of 2010. The Turner Building Cost Index measures costs in the non-residential building construction market in the United States. The Turner Building Cost Index of 801 reflects a 0.38% increase over the Third Quarter 2010. However, overall construction costs have decreased by 0.25% when measured in comparison to the Fourth Quarter of 2009.

Commercial Real Estate Markets Stabilizing, See Slight Improvement in 2011

Washington, DC - November 29, 2010 - (RealEstateRama) -- Commercial real estate markets are flattening out, with modestly improving fundamentals expected in 2011, according to the National Association of Realtors

San Diego Firm Joins Sotheby’s International Realty Network

PARSIPPANY, N.J. - November 26, 2010 - (RealEstateRama) -- Sotheby’s International Realty Affiliates LLC today announced that Pacific Sotheby's International Realty in San Diego is the newest member of its luxury real estate network. The firm, owned by Brian Arrington, serves San Diego County

Business Real Estate Press Releases

Jewel-Osco in the Chicago MSA

The Boulder Group Arranges Sale of Single Tenant Net Leased Jewel-Osco...

The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased Jewel-Osco property located at 12803 Harlem Avenue, Palos Heights, IL for $15,500,000.

Recent Gov & Nonprofit Real Estate Press Releases