NAR

Realtors Property Resource® Sees Record Usage

Realtors Property Resource®, a subsidiary of the National Association of Realtors®, reached a major milestone for user engagement on the real estate data and analytics platform. Overall engagement among NAR members for the month of March 2018 soared to a record 178,000 - a notable 16 percent increase from March 2017.

Science Confirms Cadiz Water Project Would Harm the Largest Spring in Mojave Trails National...

A new peer-reviewed scientific study confirms the Cadiz Inc. water mining project poses a serious threat to the largest spring in California’s Mojave Trails National Monument. This new science, the first published research on this matter, contradicts Cadiz’s long-held claims that its project would not affect wildlife or water sources in the California desert.

Builder Confidence Slips One Point, Remains in Solid Territory

Builder confidence in the market for newly-built single-family homes edged down one point to a level of 69 in April on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) but remains on firm ground.
USGBC

U.S. Green Building Council and SUMe Launch Green Building Conference in Mexico City

USGBC has announced that Greenbuild, the world’s largest green building conference platform, is coming to México City June 19–21, 2018. Greenbuild Mexico will be held in conjunction with SUMe Sustentabilidad para México A.C. (SUMe) and will offer a forum for the green building community to unite, change lives, revolutionize business and address pressing issues such as air quality, human health, energy use and global climate change. Sign up to be notified when registration is open.
Appraisal Institute

Home Values Rebound from Oil Spills: The Appraisal Journal

Home values in Golden Beach, Maryland, near an April 2000 oil spill dropped in the short term, but rebounded after two years, according to a study published this week in The Appraisal Journal. The Appraisal Journal is the quarterly technical and academic publication of the Appraisal Institute
NAR

National Association of Realtors® Unveils New Brand and Mark for First Time in 45...

The National Association of Realtors® has been helping shape the real estate industry for more than 100 years, and today revealed a modern new visual identity to make its iconic brand and mark more multi-dimensional, dynamic and future-focused.
USDOJ

Attorney General Sessions Delivers Remarks at the Fair Housing Act 50th Anniversary

Thank you, Jesse for that kind introduction and thank you for your continued outstanding leadership at the Department as our Acting Associate Attorney General. I want to thank John Gore for doing a fabulous job as acting head of the Civil Rights Division.
Public Justice Center

It’s time to #FundtheTrust!

Baltimore City residents voted overwhelmingly to create the Affordable Housing Trust Fund in 2016. Since then, residents have advocated for the City to designate funding for the trust. With a steady funding source, the Trust will be able to provide resources so people can live in healthy, safe and affordable homes in sustainable and thriving communities. On Monday, April 16, the Public Justice Center will join other community leaders at a press conference to introduce the Fund the Trust Act.
NMHC

2018 NMHC 50 Demonstrates Strong and Continued Apartment Growth

The apartment sector continued its strong economic run last year, reflected in the National Multifamily Housing Council’s (NMHC) newly released 2018 NMHC 50—the authoritative ranking of the nation’s largest apartment owners, manager, developers, builders and syndicators.
NAR

Realtors® Continue Focus on Fair Housing, Commemorate 50th Anniversary of Act

The National Association of Realtors® is joining its 1.3 million members across the country to commemorate the 50th anniversary of the Fair Housing Act and further advocate for inclusion and diversity in the nation’s communities. NAR is also recognizing April as Fair Housing Month, with education and events for members and state and local Realtor® associations throughout the month.
NAR

Statement from NAR General Counsel Katie Johnson Regarding Innovation and Competition in Real Estate...

Later this year, a 10-year old settlement and consent decree between the National Association of Realtors® and the U.S. Department of Justice mandating how listings are displayed by online brokerages will expire. Prior to that, on June 5, 2018, NAR will have the opportunity to demonstrate the breadth and depth of competition in the real estate and brokerage industry at a public workshop held by the DOJ and Federal Trade Commission.
NAR

Realtors Property Resource® Announces Retirement of CEO, Appointment of New Leader

Realtors Property Resource® LLC, a wholly owned subsidiary of the National Association of Realtors®, announced that its founding CEO Dale Ross will be retiring as of May 1, 2018. RPR’s Jeff Young has been named chief operating officer/general manager and will assume responsibility for all RPR activities, reporting directly to NAR CEO Bob Goldberg.
DCHFA

DCHFA Names Michael Hentrel, General Counsel

The District of Columbia Housing Finance Agency (DCHFA) has appointed a new General Counsel, Michael Hentrel. In April, Hentrel’s tenure began at DCHFA where he is the agency’s lead attorney reporting to DCHFA’s Executive Director/CEO Todd A. Lee. “Michael’s appointment is a key addition to DCHFA’s senior management team. His extensive experience in the housing and finance industries will greatly contribute to DCHFA achieving its goals of providing innovative solutions in affordable housing in the District,” stated Lee.
MBA

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 1.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 6, 2018
MBA

March New Home Purchase Mortgage Applications Decreased 2.6 Percent Year over Year

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for March 2018 shows mortgage applications for new home purchases decreased 2.6 percent compared to March 2017. Compared to February 2018, applications increased by 14 percent. This change does not include any adjustment for typical seasonal patterns.

Business Real Estate Press Releases

7-Eleven Property

The Boulder Group Arranges Sale of Net Lease 7-Eleven Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased 7-Eleven property located at 1516 NE Killingsworth Street in Portland, Oregon for $2,290,000

Recent Gov & Nonprofit Real Estate Press Releases

AGC

CONSTRUCTION EMPLOYMENT RISES IN 38 STATES AND D.C. FROM MARCH 2017...

Thirty-eight states and the District of Columbia added construction jobs between March 2017 and March 2018, while 29 states added construction jobs between February and March, according to an analysis by the Associated General Contractors of America of Labor Department data released today.