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Written Testimony of Chief of Homeownership Preservation Office Phyllis Caldwell Before the House Financial...

WASHINGTON, D.C. - November 18, 2010 - (RealEstateRama) -- Chairwoman Waters, Ranking Member Capito, and Members of the Subcommittee, thank you for the opportunity to testify today regarding loss mitigation and issues surrounding mortgage servicing. The testimony will cover two key areas: first, the steps we are taking to ensure that servicers participating in the Making Home Affordable (MHA) program are adhering to program guidelines in light of the recent foreclosure issues, and second, the accomplishments of MHA to date and its impact on mortgage servicing.

NYSE Euronext Selects CB Richard Ellis Group, Inc. to Provide Global Real Estate Transaction...

Los Angeles, CA - November 17, 2010 - (RealEstateRama) -- CB Richard Ellis Group, Inc (NYSE:CBG) today announced that NYSE Euronext (NYX), a leading global operator of financial markets and provider of innovative trading technologies, has selected CB Richard Ellis as its exclusive outsourcing provider of global real estate transaction management services and its preferred provider of global facilities management services.

Forward-Looking Experts Envision a More Promising Future for Real Estate

WASHINGTON, DC - November 17, 2010 - (RealEstateRama) -- Commercial real estate visionaries from both academia and industry painted a fairly optimistic picture of what the industry will look like in the next ten years during 2020: A Vision for Commercial Real Estate, a thought leader symposium presented by the Building Owners and Managers Association (BOMA) Foundation and the Georgetown University School of Continuing Studies and its Masters of Professional Studies in Real Estate Program held last Tuesday in Washington, D.C. Their predictions point to a future in which property management is increasingly important, buildings are carbon neutral and shifting demographics create a greater demand for real estate.“Our inaugural Thought Leader Symposium was an inspiring glimpse of what our industry will look like a decade from now,” commented BOMA Foundation Chair Marilyn Wilbarger, director of property management, City of Key West, Fla. “Attendees heard from the best and brightest minds in real estate, finance and sustainability and walked away with a better idea of how to prepare for future success.”

Housing Market Recovery Depends on Jobs, Access to Credit, Says NAR

Washington, DC - November 17, 2010 - (RealEstateRama) -- Although the recent trend of rising long-term borrowing rates may mean higher mortgages for consumers in the coming months, the greater obstacles to housing market recovery are job creation and availability of credit, according to a National Association of REALTORS® analysis.

J.P. Morgan Selected by True North Management Group for Real Estate Fund Administration

NEW YORK, NY - November 16, 2010 - (RealEstateRama) -- J.P. Morgan Worldwide Securities Services today announced that it has been appointed by True North Management Group LLC to provide real estate fund administration services for its True North High Yield Investment Fund II which closed in April 2010 with $330 million of equity commitments and is expected to finish with $500-$600 million of equity commitments.

SL Green Inks 142,000 Square Feet Of New Leases Within 30 Days

New York, NY - November 16, 2010 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) announced today that leases covering 141,887 square feet with new or expanding tenants have been signed within the past 30 days

1Casa Real Estate Agency – Offers Cheap Spanish Properties like Business, Villas and Bar...

Malaga, Spain - October 3 - (RealEstateRama) -- 1Casa real estate agency provides Spanish Property for Sale including Off Plan, Spain Villas, Apartments, business, Coastal and Commercial Properties in Spain. It especially soled property in Malaga and G...

Local real estate can be influenced by national market

Forecasting the Upstate's real estate market is best determined by local data that focuses on the supply of houses that are entering the market. Real estate is local -- meaning there is no such thing as a national real estate market.

Majestic Properties Launches A Nationwide Developer Tour Entitled: Global Property Showcase

On November 26, 2007, Global Property Showcase (GPS) will kick off a new exposition dedicated to bridging the gap between worldwide developers and consumers looking to purchase quality and amenity-rich real estate. This multi-city program will educate investors, 2nd-home buyers and property seekers to the various locales being represented with each global project, and of course, showcase each development in depth. Significant discounts will be given to those in attendance. The showcase is designed to engage (an expected 1,000 attendees in total) and provide guests with valuable insights and opportunities that serve to enhance their property portfolios.

Atlanta-Based Federal Home Loan Bank Upped Cash Flow to Countrywide by 77 Percent In...

WASHINGTON, DC — With Countrywide Financial Corp. increasingly turning to the Federal Home Loan Bank (FHLB) system for cash advances to stay afloat as other liquidity sources shun the company, U.S. Senator Charles E. Schumer (D-NY) urged the overseer of the federally-supported bank network to probe the underlying risk of Countrywide’s collateral and to issue new, system-wide regulations to reduce the banks’ exposure to risky or predatory loans.

Mortgage Applications Decrease In Latest MBA Weekly Survey

WASHINGTON, D.C., November 28, 2007 The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 23, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 652.5, a decrease of 4.3 percent on a seasonally and holiday adjusted basis from 681.7 one week earlier. On an unadjusted basis, the Index decreased 25.5 percent compared with the previous week reflecting the Thanksgiving holiday on November 22 and was up 24.6 percent compared with the same week one year earlier.

NAR, Mayors Recognize Fort Smith, Ark., For Expanding Homeownership

WASHINGTON, November 27, 2007 -- The National Association of Realtors® and the U.S. Conference of Mayors have named Fort Smith, Ark., a 2007 Ambassador City for its City of Fort Smith Homebuyers Assistance Program. The program provides potential buyers with credit counseling and mortgage readiness education.

Chase Adopts Loan Benefits to Help Expanding Families

NEW YORK, Nov. 26, 2007 - Chase today introduced New Additions, a discounted home-equity loan program to help families pay the often steep expenses of adopting a child.

Want to sell your house at a nice price?

In early October, when Dorte and Houschang Pakpour put their Mediterranean-style villa in Laguna Beach, Calif. on the market, they put a little extra bait on the hook. In the glossy sales brochure touting the ocean and canyon views, European gardens and cathedral ceilings, the Pakpours noted that seller financing was available.

Real Estate in 2008 – Realtors Share Ideas for 2008 Real Estate Market

In only one week, hundreds of top real estate agents from across the country have contributed over 1,000 ideas to publish Real Estate in 2008. During the National Association of Realtors (NAR) annual conference in Las Vegas from November 12-16, 2007, the conference helped to write and publish an entire book of ideas.

RealAsell.com: A New Web Site Promises to Help Homeowners Sell in 30 Days or...

Can homeowners really sell their homes in 30 days or less without a Realtor? Jennifer Gibson of RealAsell.com thinks so. The new Web site boasts a "Sell in 30 days or Less... Guaranteed" service by providing its clients the opportunity to gain additional exposure through the RealAsell.com national lender network.

Most Metro Areas See Modest Price Gains

The vast majority of U.S. metropolitan areas showed rising or stable home prices in the third quarter, with most experiencing modest gains compared with a year earlier, says the latest quarterly survey by the NATIONAL ASSOCIATION OF REALTORS

MY HOME: THE AMERICAN DREAM

PARSIPPANY, N.J. (Nov. 19, 2007) – Coldwell Banker Real Estate LLC announces the launch of its third “My Home: The American Dream” contest. In collaboration with Scholastic, the global children’s publishing, education and media company, Coldwell Banker® invites students in kindergarten through eighth grade to tell their personal stories, through images and words, about how their houses, apartments, or condominiums are not just places they live, but homes where dreams are shared and memories are made.

Home Starts Up, Mostly Due to Multi-Family

U.S. home builders broke ground on more apartment buildings in October, driving housing starts up 3 percent to an unexpected seasonally adjusted rate of 1.229 million, the Commerce Department reported Tuesday

Median Home Prices Rise in Most Metros; Majority Show Modest Gains

WASHINGTON, Nov. 21 /PRNewswire-USNewswire/ -- The vast majority of metropolitan areas showed rising or stable home prices in the third quarter with most experiencing modest gains compared with a year earlier, despite a broad decline in existing-home sales, according to the latest quarterly survey by the National Association of Realtors.

Business Real Estate Press Releases

Top Tips For Buying Your First Home

Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.

Recent Gov & Nonprofit Real Estate Press Releases

Property Management Services

Property Management Services: A Real Estate Investor’s Best Friend

Hiring a property management service for your rental property can be a huge asset when it comes to maintaining your rental property. The decision to hire a property management company is something to carefully consider but there are many pros