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Atlanta REALTORS® Releases April 2018 Statistics on Housing Market

Atlanta REALTORS® (ARA), the largest association of its kind in Georgia, released its March 2018 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single family residential properties.
MBA

April New Home Purchase Mortgage Applications Increased 7.5 Percent Year over Year

The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for April 2018 shows mortgage applications for new home purchases increased 7.5 percent compared to April 2017. Compared to March 2018, applications decreased by 5 percent. This change does not include any adjustment for typical seasonal patterns.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $1.942 Trillion

Ginnie Mae today announced that issuance of its mortgage back securities (MBS) totaled $30.31 billion in March. A breakdown of March’s issuance includes $28.659 billion of Ginnie Mae II MBS and $1.651 billion of Ginnie Mae I MBS, which includes $1.412 billion of loans for multifamily housing.
NeighborWorks America

More than one-third of middle-income adults lack emergency savings; renters and low-income consumers are...

The rainy day fund for many middle- and low-income households is empty, according to the fifth annual NeighborWorks America consumer finance survey. The poll found that 38 percent of all households with incomes below $75,000 have no money saved for an emergency, and 59 percent of those with incomes below $20,000 are without any emergency cash reserves.

Indianapolis’ Sandorf Park Chosen for 2018 Parks Build Community Project

The National Recreation and Park Association (NRPA), Indy Parks and the Indianapolis Parks Foundation are proud to announce that Sandorf Park has been chosen for NRPA’s 2018 Parks Build Community project.
Capital Impact Partners

Washington D.C. Mayor Names Capital Impact Partners To Help Manage New Affordable Housing Preservation...

Institutions (CDFIs), will manage the District’s newly created $10 million Affordable Housing Preservation Fund. The Mayor’s Housing Preservation Strike Force recommended the creation of this Fund, located within the Department of Housing and Community Development (DHCD), to increase the preservation of affordable housing in the District.
Congresswoman Eleanor Holmes Norton

Norton Wants Full House to Vote on Her Amendments to Apply Republican Local Control...

The office of Congresswoman Eleanor Holmes Norton (D-DC) today announced that the House Rules Committee is scheduled to consider amendments to the fiscal year 2018 District of Columbia Appropriations bill, including Norton’s amendments to strike all four anti-home-rule riders from the bill, during a markup tomorrow, Wednesday, September 6, 2017, in H-312 (U.S. Capitol).
DCHFA

DCHFA Closes First HPAP Loan for Home Purchase Assistance

June is National Homeownership Month and the District of Columbia Housing Finance Agency (DCHFA) is announcing its first closing of the Home Purchase Assistance Program (HPAP). On June 12, Leonidas Saturria Rosario and Lurden Martinez de Saturria became homeowners with the assistance of the HPAP program. “We are happy and satisfied that our prayers of being homeowners have been answered. We are not priced out of the market and can afford to stay in D.C. thanks to HPAP.”
NeighborWorks America

City residents less financially confident than suburban and rural counterparts, finds new survey from...

Pressured by the high cost of housing and other living expenses, 31 percent of American adults living in urban areas are "not too confident" or "not confident at all" of their ability to withstand a sudden financial emergency, according to the fourth annual NeighborWorks America consumer finance survey. In contrast, just 28 percent of rural adults and 25 percent of suburban residents reported a similar lack of confidence.

USDA Invests in Renewable Energy and Energy Efficiency Projects in Wyoming

During his visit to the state today, Agriculture Secretary Tom Vilsack announced that USDA is investing in several energy efficiency and renewable energy projects in Wyoming.

AHFC Supports 12,500 Homeless With $5.9 Million in Funding

ANCHORAGE, AK, June 27, 2014 –- June 30, 2014 - (RealEstateRama) -- Alaska Housing Finance Corporation (AHFC) is awarding more than $5.9 million in homeless assistance funds through its Basic Homeless Assistance Program.

Cardin Visits Southern Maryland for Solutions to Maryland’s Foreclosure Crisis Maryland currently has the...

Waldorf, Md. - June 12, 2014 - (RealEstateRama) -- U.S. Senator Ben Cardin (D-Md.), a member of the Senate Finance Committee, convened a gathering of local housing officials, REALTORS and others working to assist Marylanders before and during the forec...

Alaska Supreme Court Affirms MERS’ Authority to Assign Trust Deed

Reston, Virginia, - April 4, 2014 - (RealEstateRama) -- MERSCORP Holdings, Inc. today announced that the Supreme Court of the State of Alaska affirmed the trial court’s decision validating MERS’ status as trust deed beneficiary and upholding the no...

NAI Capital Represents Seller in $4.6 Mil Big Box Sale in San Bernardino

SAN BERNARDINO, CA - November 8, 2013 - (RealEstateRama) -- Marc Piron, Senior Vice President with NAI Capital’s Riverside office and Lidia Talavera, Vice President with the Ontario office, represented the Seller, Jara Holdings Second, LLC, in the sale of a 35,640 sq. ft. office property located at 1094 South E Street in San Bernardino, CA to the Buyer, MTK SoCal Investments, LLC. The value of the sales transaction was $4.6 million.

The Boulder Group Arranges Sale of a Triple Net Leased Walgreens Property in the...

Northbrook, IL - October 2, 2013 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant triple net leased Walgreens property located at 4520 Balfour Road in Brentwood, California for $...

Business Real Estate Press Releases

Multi-Tenant Retail Property

Hanley Investment Group Arranges Sale of Newly Constructed Multi-Tenant Retail Property...

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 completed the sale of a 6,777-square-foot new construction multi-tenant retail pad building occupied by The Coffee Bean & Tea Leaf (with drive-thru), Chipotle, Jersey Mike’s Subs and WaBa Grill at 13916 Garvey Avenue in Baldwin Park, Calif.

Recent Gov & Nonprofit Real Estate Press Releases

Financial Services Committee

Hensarling: Committee Must Examine Allegations of Latest Fannie Mae Backdoor Schemes

House Financial Services Committee Chairman Jeb Hensarling released the following statement following media reports that high ranking Fannie Mae employees have been intentionally violating their government prohibition on lobbying through a series of secret meetings to remove the failed mortgage giant from federal oversight.