RealEstateRama Authors Posts by RealEstateRama
WASHINGTON, DC - January 20, 2011 - (RealEstateRama) -- U.S. Department of Energy Secretary Steven Chu today announced that states and territories across the country have now weatherized more than 300,000 low-income homes under the Recovery Act, a major milestone in the Department's efforts to reduce home energy bills for families. This means that states are now more than 50 percent of the way toward meeting President Obama's goal of weatherizing approximately 600,000 homes under the Recovery Act.
MISSION VIEJO, CA - January 20, 2011 - (RealEstateRama) -- Hammerhouse LLC, an expanding national recruiting and strategic growth firm for the financial service industry with mortgage sales and leadership placement at its core, today released Drew Waterhouse, Managing Director of Hammerhouse outlook on key hiring trends in the mortgage industry in 2011
ConsensusDOCS® Releases New and Updated Contract Documents to Address Today’s Design and Construction Industry...
Washington D.C. - January 20, 2011 - (RealEstateRama) -- In response to the construction industry’s markedly changed economic conditions and rapid adoption of new technologies and green building goals, ConsensusDOCS today released a comprehensive update to its library of construction contract documents, as well as new contracts.
WASHINGTON, DC - January 18, 2011 - (RealEstateRama) -- Thanks to strengthening in consumer spending and growing policy clarity at the end of 2010, the economy is finally poised to accelerate and sustain above-par, less volatile growth, according to the January 2011 Economic Outlook released today by Fannie Mae's (FNMA/OTC) Economics & Mortgage Market Analysis Group. The economy is expected to grow by 3.6 percent in 2011, compared to an estimated 2.8 percent in 2010. The group expects some increase in housing activity during 2011, however, a growth-oriented view of housing is not expected until 2012.
USAA Real Estate Company and Gables Residential Enter Large National Development and Acquisition Venture
WASHINGTON, D.C. - January 14, 2011 - (RealEstateRama) -- On January 12th, an affiliate of USAA Real Estate Company executed a Joint Venture Agreement with Gables Residential to develop Class-A multi-family properties at select urban infill sites as well as purchase an interest in several of Gables’ best-in-class stabilized properties. The development and acquisitions amount to over $400 million of Class-A multi-family assets
NEW YORK, N.Y. - January 14, 2011 - (RealEstateRama) -- Mortgage rates were mostly lower this week, except for the benchmark conforming 30-year fixed mortgage rate, which held at 4.94 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.38 discount and origination points.
CHICAGO, IL - January 13, 2011 - (RealEstateRama) -- Leading Real Estate Companies of the World® (LeadingRE), the world's largest network of leading independent real estate brokers, continued to expand in 2010, with over 50 new offices and 2,300 sales associates added during the year. A strong pipeline of new member candidates ensures additional growth in early 2011.
CHICAGO, IL - January 13, 2011 - (RealEstateRama) -- Leading Real Estate Companies of the World® has selected reOneSpot™ as a preferred partner to provide its network of 600 brokerage firms worldwide a low-cost, intelligent, web-based enterprise solution that securely enables collaboration and sharing of activities, documents, feedback and communications between brokers, agents and their clients in one easy-to-use integrated location. This all-in-one solution platform helps real estate brokers and associates improve efficiency and productivity with tools that enhance and streamline the regular, day-to-day activities involved in today’s business of real estate.
EMERYVILLE, CA - January 12, 2011 - (RealEstateRama) -- ZipRealty, Inc. (NASDAQ: ZIPR) announced today a series of changes to enhance the Company’s focus on core strengths in technology, online marketing and its most attractive local real estate markets. The restructuring and organizational changes are expected to position ZipRealty to achieve positive cash flow in 2011 and provide a solid platform for long-term growth.
EMERYVILLE, CA - January 12, 2011 - (RealEstateRama) -- The number of price-reduced homes on the market this December remained at high levels compared to 2009, rising 23.4 percent according to a report surveying 26 US markets issued by national real estate brokerage, ZipRealty (www.ziprealty.com; NASDAQ: ZIPR)
Rental Resurgence: Owners of Vacation Rentals Optimistic About Their Rental Business in 2011, According...
AUSTIN, TX - January 11, 2011 - (RealEstateRama) -- As leisure travel continues to rebound, owners of vacation rentals are expressing optimism about their bookings in 2011. In fact, HomeAway®, Inc. – the world’s leading online vacation rental marketplace – finds in its latest “HomeAway Vacation Rental Marketplace Report” that eight of 10 vacation rental owners anticipate their rental business this year will be stronger or about the same as it was in 2010.
New York, NY - January 10, 2011 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) announced today that it will release earnings for the fourth quarter and full year 2010 on Monday, January 24, 2011 after market close
INDIANAPOLIS, IN - January 10, 2011 - (RealEstateRama) -- The Custom Electronic Design & Installation Association (CEDIA) will deliver industry-leading educational sessions at the 2011 NAHB International Builders' Show January 12–15 in Orlando. CEDIA will offer three of its most popular courses for design and build industry professionals and will exhibit in booth #W5047.Visitors to the CEDIA booth can learn about working with a professional electronic systems contractor (ESC) to execute home technology projects. CEDIA representatives will also share information about the Home Technology Alliance, of which CEDIA is a founding partner. In addition, visitors to CEDIA’s booth can enter to win tickets to the 2011 Indianapolis 500
EMERYVILLE, CA - January 7, 2011 - (RealEstateRama) -- The number of home listings within 26 major U.S. metropolitan areas slipped 5.27 percent in December 2010, compared to a month prior, according to a monthly report of homes listed for sale on Multiple Listing Services (MLS) in the markets surveyed by national real estate brokerage, ZipRealty (www.ziprealty.com; NASDAQ: ZIPR).
Washington, D.C. - January 7, 2011 - (RealEstateRama) -- The National Council on Aging (NCOA) is conducting a pilot project in collaboration with U.S. Department of Housing and Urban Development (HUD) and the National Reverse Mortgage Lenders Association (NRMLA) to help reverse mortgage borrowers who are struggling to pay property taxes and homeowners insurance
PORTLAND, OR - January 6, 2011 - (RealEstateRama) -- Pulte Homes is opening its first community in the Portland market, offering homebuyers a prime location, distinctive homes and great value. The public is invited to tour the new model homes at the grand opening of Summer Creek by Pulte Homes from 10 a.m. to 5 p.m. on Saturday, January 15 and Sunday, January 16.
WASHINGTON, DC - January 6, 2011 - (RealEstateRama) -- The Building Owners and Managers Association (BOMA) International today announced the 29 buildings that make up the latest class of buildings to earn the BOMA 360 Performance Program designation. The BOMA 360 Performance Program is a groundbreaking program designed to recognize commercial properties that demonstrate best practices in building operations and management
WASHINGTON, DC - January 6, 2011 - (RealEstateRama) -- Fannie Mae (FNMA/OTC) today launched WaysHome, a free, interactive multi-media tool designed to educate homeowners about their options to avoid foreclosure, empower them to make informed decisions and motivate them to take action and seek help in 2011. As part of Fannie Mae's "Know Your Options" initiative to help struggling homeowners, the WaysHome video uses innovative technology to allow homeowners to put themselves in real-life situations, make informed choices and immediately see the outcomes of those actions
VIENNA, VA - January 6, 2011 - (RealEstateRama) -- The Financial Crimes Enforcement Network (FinCEN) today released its third quarter 2010 mortgage fraud report, Mortgage Loan Fraud SAR Filings. The report shows that suspicious activity reports (SARs) characterized by filers as indicating possible mortgage loan fraud (MLF) increased 2 percent to 16,693 in the third quarter of 2010 up from 16,339 MLF SARs in the 2009 third quarter.
NEW YORK, N.Y. - January 6, 2011 - (RealEstateRama) -- Mortgage rates continue to yo-yo up and down, with the average rate on the benchmark conforming 30-year fixed mortgage rate falling back to 4.94 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.42 discount and origination points