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NAR

Existing-Home Sales Climb 3.6% in December

National
Existing-home sales grew in December, bouncing back after a slight fall in November, according to the National Association of Realtors®. Although the Midwest saw sales decline, the other three major U.S. regions reported meaningful growth last month

CRL Statement on CFPB’s Plan to Revise Qualified Mortgage Standards

National
Eric Stein, Senior Vice President at Self-Help, a community development lender and parent of the Center for Responsible Lending (CRL), released the following statement after the Consumer Financial Protection Bureau (CFPB) announced, in a letter to Members of Congress
SEC

Over $63 Million to Be Returned to Investors in Alleged Real Estate Investment Fraud

National
The Securities and Exchange Commission today announced that it has obtained a court order authorizing the distribution of over $63 million to investors in connection with a previously filed action.  This amount represents the full return of funds
NAHB

Nation’s Home Builders Elect Leadership for 2020

National
Members of the National Association of Home Builders (NAHB) elected four senior officers to top leadership positions within the federation during the association’s International Builders’ Show in Las Vegas
NAHB

New App Helps Builders Meet Accessibility Requirements of Fair Housing Act

National
The National Association of Home Builders (NAHB) today unveiled the Pocket Guide to the Fair Housing Act, a free app designed to help home builders, contractors and designers meet the accessibility requirements of the act.

8 Great Reasons to Remodel Your Home Now

National
When you first purchased your home, you probably were satisfied with what it had to offer. But one day you wake up and you notice how outdated your home really is. According to Hestia Home Services, experts at home remodeling in Houston, “Many homeowners consider moving into a bigger
New Home Ready For Moving Day

How To Get Your New Home Ready For Moving Day

National
Getting ready to move into your new home is an exciting time. It can also be very stressful. Packing up your whole life up to move, whether it’s to a big city like Dallas, TX or a charming small town like Leawood, KY, it takes a lot of work and an emotional toll.
AGC

CONSTRUCTION EMPLOYMENT INCREASES IN 34 STATES AND D.C. FROM DECEMBER 2018 TO DECEMBER 2019,...

National
Thirty-four states and the District of Columbia added construction jobs between December 2018 and December 2019, while construction employment increased in 29 states from November

Time to Sell? Consider the Options of Staying or Renting the Home Out

National
Selling a home is not always the right move financially as a home can increase in value and provide rental income. A home that is in an area that has had a bad housing market recently is wise to wait out. Taking a huge loss on a home due to selling after a few years can put the homeowner behind financially for years. Staying in a current home could be the best move or a great option would be to rent the space out. The rent from your current home could cover or nearly cover a mortgage on a new home.
Capital Impact Partners

Capital Impact Partners Joins with Washington, D.C. Government Once Again to Preserve and Expand...

National
For the second straight year, Washington, D.C.’s Department of Housing and Community Development (DHCD) has named Capital Impact Partners as a manager of the District’s Housing
ABC National

ABC’s Construction Backlog Indicator Dips in November

National
Associated Builders and Contractors reported today that its Construction Backlog Indicator fell slightly to 8.8 months in November, a 1.5% decline from October’s reading.
AGC

ADMINISTRATION’S NEW WATERS RULE WILL PROTECT VITAL WATERWAYS WHILE ELIMINATING CONFUSION THAT THREATENED TO...

National
Trump Administration's Navigable Waters Protection Rule Will Provide Permitting Clarity For Needed Infrastructure
NIBS

Speaker Lineup Announced for Building Innovation 2020 Conference

National
The annual meeting of the National Institute of Building Sciences includes 46 sessions on resilience, building technology and workforce
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.118 Trillion

National
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $54.74 billion in December, providing financing for more than 214,999 homeowners and renters.

Atlanta REALTORS® Releases December 2019 Statistics on Housing Market

National
Atlanta REALTORS® Association (ARA), the largest association of its kind in Georgia, released its December 2019 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta.
FEMA

More Than $2.9 Million Approved to Restore Bald Head Island Beach

National
The State of North Carolina and FEMA are announcing an additional $2.9 million to reimburse expenses to restore hurricane- and tropical storm-related beach damage
Sutter Square

Meridian Sells 175,000 SF Office Building in Concord for $30.9M

National
Meridian, a full-service real estate developer and owner of general and medical office real estate, is pleased to announce that it has completed the sale of Sutter Square, a 174,689-square-foot, nine-story office building located at 1800 Sutter Street
MBA

MBA Statement on CFPB’s Letter Regarding the Qualified Mortgage Standard

National
Statement by MBA President and CEO Bob Broeksmit about the CFPB's letter to senior members of Congress regarding the Bureau's plans for a revised Qualified Mortgage standard
NAHB

Remodelers’ Confidence Increases in Fourth Quarter of 2019

National
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in the fourth quarter of 2019, up three points from the previous quarter.
NAHB

Single-Family Starts Will Gain Ground in 2020

National
Single-family starts should continue on a gradual, upward trajectory in 2020, fueled by solid job growth and low mortgage rates that will keep demand firm, according to economists speaking at the International Builders’ Show in Las Vegas today

U.S. National


EPA

EPA Announces $2.7 Billion for Infrastructure to Protect Surface Waters and Drinking Water

National
The U.S. Environmental Protection Agency (EPA) announced the availability of $2.7 billion for State Revolving Funds (SRFs). This funding assists states, tribes and territories with infrastructure projects that help protect surface water

Senate Democrats Demand Housing Agency Remove Unprecedented Obstructions Of Puerto Rico Disaster Funds

National
“HUD’s actions make it more difficult for our fellow Americans on the island to receive desperately needed assistance to protect their homes and communities from future disasters"
GSA

President Trump’s 2021 Budget Invests in Nation’s Real Property, Shared Service Technologies

National
U.S. General Services Administration (GSA) Administrator Emily Murphy today announced key investments that are a part of the fiscal year (FY) 2021 President’s Budget Request.
FEMA

Get Home Repair Advice Feb. 17-22 at Sears in Mayagüez, Home Depot in Ponce

National
As the people of Puerto Rico repair and rebuild their homes, FEMA has teamed with Sears and Home Depot to provide free information and tips on how to make homes damaged by earthquakes and hurricanes stronger and safer.
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.
NAHB

Los Angeles Takes Top Spot as Nations Least Affordable Housing Market

National
San Francisco, which has been the nation’s least affordable major housing market for the past two years, was supplanted by Los Angeles in the fourth quarter of 2019, according to the National Association of Home Builders (NAHB)/Wells
Cal Twin Towers

Adler Realty Investments Completes $26M Sale of Large Office Complex in Bakersfield

National
Adler Realty Investments, Inc. (Adler) announced today the sale of its Cal Twin Towers office complex located at 4900 California Avenue in Bakersfield, California. The property was sold to Steve Blumer, a local investor. The sale price was $26 million.
Commercial Mortgage Broker

What are the Advantages of Using a Commercial Mortgage Broker

National
If you are planning to make a high-end investment like buying a commercial property, you need a commercial mortgage broker. Purchasing a business property or investing in a commercial real estate requires a lot of planning and financing. Aside from that
NAHB

Builder Confidence Remains Solid in February

National
Builder confidence in the market for newly-built single-family homes edged one point lower to 74 in February, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
Smart&Final_Eastvale

Hanley Investment Group Arranges $33M in Property Sales at Grocery-Anchored Shopping Center in Inland...

National
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm
DAVE COREY HEADSHOT

Berkshire Hathaway HomeService California Realty Launches New iBuyer Service to Help Inland Empire Homeowners

National
Berkshire Hathaway HomeService Perrie Mundy Realty Group & California Realty, one of San Bernardino and Riverside counties fastest growing real estate brokerages, announces a new iBuyer
USDOJ

Rhode Island Property Developer Sentenced to Eight Years in Prison for $10 Million Ponzi...

National
An East Greenwich, Rhode Island, property developer was sentenced to eight years in prison today for operating a $10.3 million dollar Ponzi scheme and obstructing an Internal Revenue Service (IRS) investigation
McCormick Construction

Residential Appraisers Play Key Role in Real Estate, New Book Says

National
Residential real estate appraisers need education, knowledge and experience to perform their valuation assignments competently, according to a book published today by the Appraisal Institute, the nation's largest professional association of real estate

5 Steps to Take Before Buying a Home

National
Buying a home is a significant investment and a personal achievement you should be proud of. Before you make that all-important offer, however, there’s a lot to do and think about. The following advice should help you ensure that you have a smooth and successful home-buying process.

New Home Construction Choices That Are Totally Worth It

National
When you are building with new construction, you are tasked with making a lot of important and expensive decisions. If you’re planning to customize your home, you have to factor in the cost of upgrades as well as the value that you will be able to reap if/when you do ultimately sell your home.

Best Property Management Company In Delray Beach, Florida

National
Real estate investments usually appreciate with time. With such an investment, you can set up a comfortable future for yourself. However, a common misconception is that property management companies are all equal and that they provide a similar quality of service. This is, however, not true. If you have ever had previous distasteful experience with any property management company, then you know this too well

Preparing to Buy Property for First-Timers

National
Real estate can be an excellent investment whether you plan to own several properties or you are simply looking for a home of your own. However, if you have always been a renter, you might feel like the hurdles to buying your own home or starting to invest in real estate are overwhelming. You might not know how to find the right property, how you will afford it or what kind of steps you need to take to put the whole process in motion.
HUD - U.S. Department of Housing and Urban Development

SECRETARY BEN CARSON’S AFFORDABLE HOUSING BUS TOUR ARRIVES IN SAN DIEGO

National
U.S. Department of Housing and Urban Development Secretary Ben Carson today visited San Diego, California, as part of his “Driving Affordable Housing Across America” Bus Tour.
Chad-Ochsner-REMAX-Alliance

RE/MAX Alliance Launches New iBuyer Service to Benefit Front Range Homeowners

National
RE/MAX Alliance, one of the largest RE/MAX franchises worldwide with over 850 licensed Realtors and 24 office locations across Colorado's Front Range, announced a new iBuyer service
MBA

Mortgage Delinquencies Decrease in Fourth Quarter of 2019

National
The delinquency rate for mortgage loans on one-to-fourunit residential properties decreased to a seasonally adjusted rate of 3.77 percent of all loans outstanding at the end of the fourth quarter of 2019

U.S. States


Avoid TV Tip-Over Incidents During Super Bowl LIV with Safety Tips

New York
The New York State Division of Consumer Protection (DCP) is alerting consumers about the dangers of television (TV) tip-over hazards. Millions of New Yorkers will watch the Super Bowl this Sunday either on TVs at home or at parties with friends. DCP is taking this TV-focused occasion to remind consumers of critical TV safety tips.
Starbucks_Fresno

Brand-New Single-Tenant Starbucks Drive-Thru Trades in Fresno, Calif. for $1,345 PSF

California
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a brand-new, single-tenant Starbucks
FEMA

Rosenberg family home for the holidays – and prepared for future hurricanes

Texas
A Houston-area mom is sharing her Hurricane Harvey recovery story this holiday season, along with the importance of always being prepared for flood events.

5 Cities in Florida: Which One Makes for the Best Real Estate Investment Opportunity...

Florida
Fast-growing Florida has been a favorite of real estate investors for many years. With so much interest having been focused on the state, though, investors need to take care to seek the best available opportunities.

WALTER J. MAHONEY STATE OFFICE BUILDING TO BE SOLD

New York
Office of General Services Commissioner RoAnn Destito today announced that the Senator Walter J. Mahoney State Office Building located at 65 Court Street in Buffalo will be sold at auction in 2020. A work group formed earlier this year made up of City, County, and State officials working with professional real estate consultants CBRE, determined that in the current competitive and robust Buffalo real estate market
SCR

Charleston South Carolina expected to outpace national real estate market averages through 2025

National
The National Association of Realtors® (NAR) recently identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are
Peter Evering

WHAT IS THE EVICTION PROCESS IN CALIFORNIA?

California
Eviction is a dirty word for both tenants and the landlords that believe the time has come to remove one or more parties from an apartment. The process anywhere can lead to a strained relationship at best and a bitter acrimonious fight that ends up in the judicial system.
FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Texas
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Katy, Houston and Spring from Monday, Dec. 9, to Saturday
ABC National

Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a...

Florida
Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education
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

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

Business Real Estate Press Releases

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

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.

Recent Gov & Nonprofit Real Estate Press Releases

EPA

EPA Announces $2.7 Billion for Infrastructure to Protect Surface Waters and...

The U.S. Environmental Protection Agency (EPA) announced the availability of $2.7 billion for State Revolving Funds (SRFs). This funding assists states, tribes and territories with infrastructure projects that help protect surface water