New HUD Report shows sharp increase in foreclosure counseling

WASHINGTON, D.C. - November 17, 2008 - (RealEstateRama) — Housing counseling agencies all across the country are experiencing surging demand for their services, especially among families hoping to avoid losing their homes through foreclosure. According to a new report from the U.S. Department of Housing and Urban Development, beginning in 2005, individuals and families increasingly sought counseling to address mortgage delinquencies. more »

Faltering Economy, Oversupply of Units Hurt Rental and Condo Markets

November 17, 2008 - (RealEstateRama) — Builder confidence in the multifamily housing market sagged in the third quarter of 2008, pushing both the Multifamily Condo Market Index (MCMI) and the Multifamily Rental Market Index (MRMI) to their lowest levels since the National Association of Home Builders created the indexes in 2003. more »

WASHINGTON, D.C. - November 17, 2008 - (RealEstateRama) — As real estate markets across the world become increasingly globalized, Realtors^® and their counterparts in other countries are poised to help international consumers take advantage of homeownership and real estate investment opportunities in the U.S. and abroad. more »

WASHINGTON, D.C. - November 17, 2008 - (RealEstateRama) — A press release issued Wednesday by ForSaleByOwner.com contained inaccuracies and misleading statements about its ability to place unlisted for-sale-by-owner information on REALTOR.com, the official Web site of the National Association of Realtors^® operated by Move Inc. more »

Fairfield, CA - November 15, 2008 (RealEstateRama) - Fairfield, California’s downtown area is in a growth mode with the news that several restaurants are planning to open their doors for business. (more…)

Washington, DC - November 14, 2008 - (RealEstateRama) – Commercial and multifamily mortgage loan originations remained low in the third quarter, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. Third quarter originations were fifty-three percent lower than during the same period last year. The year-over-year decrease was seen across all property types and most investor groups. more »

NEW YORK - November 5, 2008 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved a $375,000 grant to the Cortland Housing Assistance Council, Inc. to acquire and renovate 15 affordable homes in Cortland County.

Bills for second half real estate taxes have been mailed to Loudoun residents. Loudoun County Treasurer H. Roger Zurn, Jr reminds taxpayers that the second half 2008 real estate tax deadline is Friday, December 5, 2008.

NEW YORK - November 5, 2008 - (RealEstateRama) – New York State approved more than $9 million in financing today to create and preserve 245 units of affordable housing in Onondaga County. The actions were taken by the boards of the New York State Housing Finance Agency (HFA) and its subsidiary, the New York State Affordable Housing [...]

NEW YORK - November 5, 2008 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved a $280,000 grant to the City of Glens Falls to finance improvements for 24 affordable housing units in the city.