Texas’ Housing Market Stepping Toward Recovery
COLLEGE STATION, TX - July 2, 2012 - (RealEstateRama) -- May was packed with indicators of an improving housing market here in Texas. ccording to the latest Multiple Listing Service (MLS) data, existing home sales were up 20 percent over May 2011, pric...
Home Builders Applaud Five-Year Reauthorization of Flood Insurance Program
WASHINGTON, D.C. - July 2, 2012 - (RealEstateRama) -- In an important victory for the National Association of Home Builders (NAHB) and its members who rely on the National Flood Insurance Program (NFIP), Congress has reached an agreement to reauthorize the program through Sept. 30, 2017.
Leading Real Estate Companies of the World and Luxury Portfolio International Announce Keynote Speakers...
CHICAGO, IL - June 29, 2012 - (RealEstateRama) -- Leading Real Estate Companies of the World® and Luxury Portfolio International™ have announced the keynote speakers for the 2012 International Symposium, being held October 22-24 in Lisbon, Portugal at the Grande Real Villia Italia Hotel & Spa.
NAI Capital’s Timothy Foutz Closed $3M Industrial Deal
MOORPARK, CA - June 29, 2012 - (RealEstateRama) -- Timothy Foutz with the Encino office represented the Buyer, Cosaro and Tagliati Trusts, in the purchase of a 21,505 square foot industrial property located at 5245 Maureen Lane from the Seller, F&B Industrial Investments, and LLC. The value of the sales transaction was $3M.
The Boulder Group Arranges the Sale of a Net Leased Walgreens Property in El...
Northbrook, IL - June 29, 2012 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 1550 SW 27th Street in El Reno, OK for $4,887,000
WILLIAMS & WILLIAMS TO AUCTION THE ENTIRE TOWN OF GARRYOWEN, MONTANA
TULSA, OK - June 28, 2012 - (RealEstateRama) -- Williams & Williams, the auction firm that recently sold the “Smallest Town in America”, Buford, Wyoming, today announced it will auction the entire town of Garryowen, Montana on Wednesday, August 15 at 4 p.m. MDT. The Garryowen auction offers a rare opportunity to acquire a privately-owned, historically-significant town that features the "Town Hall," a 15,400+/- sf three-level building containing an income-producing convenience store, a Subway® sandwich shop, a retail space, U.S. Post Office and penthouse residence. A second building is a two-level 2,900+/- sf structure containing office space and guest suites.
Quicken Loans’ Scottsdale Web Center Announces Plan to Hire 200 New Team Members
Scottsdale, AZ - June 28, 2012 - (RealEstateRama) -- Detroit-based Quicken Loans Inc., the nation’s largest online home loan lender and fourth largest retail mortgage lender, today announced plans to add an additional 200 team members to its Scottsdale Internet Web Lending Center. The new hires will join the current team of 400 team members working at 16245 N. Pima Road. The new Scottsdale-based positions are in mortgage banking, mortgage operations, and underwriting
Lila Delman Real Estate Announces Narragansett Luxury Property Sale
June 28, 2012 - (RealEstateRama) -- Lila Delman Real Estate announced the recent sale of 131 Boston Neck Road, an oceanfront home in Narragansett, Rhode Island, for $4,620,500. Under contract in 19 days, this is the second highest sale in Narragansett this year. Lila Delman Real Estate was both the listing and the selling company in both top sales in Narragansett.
Expanding Refinances Could Save Billions for Homeowners
WASHINGTON, D.C. - June 28, 2012 - (RealEstateRama) -- A housing bill introduced in the Senate could more than double the number of homeowners who refinance under a federal mortgage program and also more than double their potential savings, according to an estimate by researchers at Columbia University. To be eligible, homeowners must have a mortgage backed by Fannie Mae or Freddie Mac and be current on the payments
Statement of Center for Responsible Lending California Director Paul Leonard on Legislative Conference Committee...
WASHINGTON, D.C. - June 27, 2012 - (RealEstateRama) -- Six weeks of negotiations between banks, the bipartisan legislative conference committee, the Attorney General and consumer groups have produced a Homeowner Bill of Rights that deserves to pass both floors of the Legislature and be signed by Gov. Jerry Brown as soon as possible.
California, Nevada, Florida Top Mortgage Fraud SAR List Criminals Continuing Debt Elimination and Foreclosure...
VIENNA, VA - June 26, 2012 - (RealEstateRama) -- The Financial Crimes Enforcement Network today released its First Quarter 2012 Update of mortgage loan fraud suspicious activity reports (MLF SARs) that shows California, Nevada, and Florida leading the nation in the number of MLF SAR subjects per capita. Of the 50 most populous Metropolitan Statistical Areas (MSAs) ranked by the number of MLF SAR subjects reported, the top nine are MSAs located in California, Nevada, and Florida, with the Los Angeles-Long Beach-Santa Ana area ranked first in the nation.
New Research: Homeowner Bill of Rights Could Speed Economic Recovery
Loan modifications work, critical to stabilizing housing market
Keller Williams Realty Associates, Teams Named Top Performers by REAL Trends and the Wall...
AUSTIN, TX - June 25, 2012 - (RealEstateRama) -- Keller Williams Realty’s agents and teams have, once again, made a strong showing in the REAL Trends/Wall Street Journal ‘The Thousand’ report, released today. The WSJ and REAL Trends, Inc., a leading source of analysis of the real estate industry, annually compile the industry summary of the Top 1,000 real estate agents and teams in the United States. Rankings are categorized by Top 250 Real Estate Professionals by Transaction Sides, Top 250 Real Estate Professionals by Transaction Volume, Top 250 Teams by Transaction Sides and Top 250 Teams by Transaction Volume.
Pulte Homes Expands Presence in Southeast Valley
PHOENIX - June 25, 2012 - (RealEstateRama) -- Pulte Homes has purchased or is in escrow on 332 lots in three distinct East Valley locations and plans to begin opening the new home communities as soon as later this year. The most recent acquisition represents the third new-home community purchase the homebuilder has made in the past six months in the Phoenix metro area.
2012 Robert Bruss Book Award Winners Announcement
Denver - June 25, 2012 - (RealEstateRama) -- The National Association of Real Estate Editors (NAREE) has named the winners of the Fifth Annual Robert Bruss Real Estate Book Awards. The awards recognize excellence in books published in 2011 on the broad field of real estate.
Foreclosed homes available online through dynamic IDX enabled California search page and agent Jason...
EUGENE, ORE. – Chula Vista, California real estate agent Jason Murguia has collaborated with IDX, Inc. to bring a revolutionary real estate website to home seekers around California. Now, IDX Broker syncs with the website Murguia hosts to display tho...
MHP Recognized at 18th Annual Charles L. Edson Tax Credit Excellence Awards
Washington, DC - June 22, 2012 - (RealEstateRama) -- Montgomery Housing Partnership, Inc. (MHP) today was awarded an Honorable Mention for its preservation of 7610 Maple by the Affordable Housing Tax Credit Coalition (AHTCC) during a ceremony at the U.S. Capitol Building. Sen. Benjamin Cardin (D-MD) and Rep. Chris Van Hollen (D-MD) presented the award to MHP for the category Metropolitan/Urban Housing.
CT REIA 9th Anniversary Celebration plus Robyn Thompson
Cromwell, CT - June 22, 2012 - (RealEstateRama) - Robyn Thompson is the leading expert in buying, renovating and selling single and multi-family homes for huge profits. Robyn has renovated and sold over 304 homes in the past 14 years!
OPIC Board Approve Up To $100 Million For Real Estate Investment Fund For Sub-Saharan...
WASHINGTON, D.C. - June 21, 2012 - (RealEstateRama) -- The Board of Directors of the Overseas Private Investment Corporation(OPIC), the U.S. Government’s development finance institution, approved up to $100 million in financing for an investment fund that will produce quality commercial real estate in sub-Saharan Africa. The region is one of the fastest-urbanizing areas in the world, but suffers from significant underinvestment in office space.
CUSHMAN & WAKEFIELD/NORTHMARQ INKS 203,000-SQ.-FT. LEASE RENEWAL IN METRO MINNEAPOLIS
PLYMOUTH, MMN - June 20, 2012 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield/Northmarq has arranged a 203,000-square-foot lease renewal with Office Depot at Xenium Distribution Center, 1105 Xenium Lane North in Plym...