New Orleans Market Leader Affiliates with Leading Real Estate Companies of the World
Chicago, IL - August 26, 2011 - (RealEstateRama) -- Prudential Gardner Realtors®, established in 1943 by New Orleans real estate icon Gertrude Gardner, announced today that the company is returning to its heritage as an independent full-service brokerage and affiliating with Leading Real Estate Companies of the World®. LeadingRE is the world's largest network of leading independent real estate brokerages, with 550 companies and 140,000 associates producing over $225 billion in home sales in over 30 countries worldwide. The transition from Prudential to LeadingRE will take effect August 29, 2011, when the company’s brand will change to GARDNER, REALTORS
GERARD YETMING JOINS THE FEDERATED COMPANIES AS VICE PRESIDENT OF CAPITAL MARKETS
Miami, FL - August 26, 2011 - (RealEstateRama) -- The Federated Companies, a leading national real estate investment and development firm, is pleased to announce that Gerard Yetming has joined the firm as Vice President of Capital Markets. Mr. Yetming has more than 11 years of experience in commercial real estate with a focus on sales and finance, and is responsible for managing the company's acquisition, disposition, and financing activities.
Latest Mortgage Reports Show Little Change in Foreclosures–But Slow-Down in Prevention
WASHINGTON, D.C. - August 25, 2011 - (RealEstateRama) -- The latest Mortgage Bankers Association (MBA) mortgage report shows a rise in 30-day delinquencies, including an increase in late payments on prime, fixed-rate mortgages. Overall, the picture hasn’t changed significantly from first quarter, as one in 11 mortgage holders remains at serious risk of foreclosure (60 days delinquent or more).
Metro Commercial Inks 7 Lumber Liquidator Deals throughout US
Mount Laurel, NJ - August 24, 2011 - (RealEstateRama) -- As part of its exclusive national representation of Lumber Liquidators, Metro Commercial announced that it has brokered 7 leases totaling nearly 46,000 square feet. Metro Commercial’s Brandon Anapol, along with Tom Londres, Dan Brickner, Steve Niggeman and Phil Azarik serve at the Exclusive Leasing Team for the national retailer.
TMS Funding Launches New Jumbo Mortgage Product Into Wholesale Market
MILFORD, CT - August 23, 2011 - (RealEstateRama) -- TMS Funding, the wholesale residential lending channel of Total Mortgage Services, LLC, announced today it has launched a new flexible Jumbo Mortgage Product into the wholesale marketplace to provide Mortgage Brokers with an important solution for their clients in need of a jumbo mortgage for either a purchase or refinancing transaction.
HUD ANNOUNCES NEW STRONG CITIES, STRONG COMMUNITIES FELLOWSHIP PROGRAM
WASHINGTON, DC - August 22, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today published a notice seeking a qualified partner to help launch, and then manage, a pilot fellowship program to support the Administration’s Strong Cities, Strong Communities Initiative. Initially funded through a $2.5 million donation from the Rockefeller Foundation, HUD’s partner will select, train, and place public service-minded ‘social innovators’ to serve multi-year terms in local government positions to help stimulate economic development and employment.
Ken Wilson Elected Vice President of Nation’s Largest Real Estate Appraisal Association
CHICAGO, IL - August 19, 2011 - (RealEstateRama) -- Ken P. Wilson, MAI, SRA, of Plano, Texas, was elected Thursday as 2012 vice president of the Appraisal Institute, the nation’s largest professional organization of real estate appraisers.
HomeAway Releases Free Application for iPad
AUSTIN, TX - August 19, 2011 - (RealEstateRama) -- HomeAway, Inc. (AWAY)– the world’s largest online marketplace for vacation rentals – today announces the launch of its free HomeAway® Vacation Rental Search application for the iPad. This expands HomeAway’s mobile portfolio to include applications for iPhone, Android and iPad, giving more on-the-go travelers access to the 260,000+ global vacation rentals available on HomeAway.com™.
DEXUS-Developed LEED Certified Freezer Facility Sells For $91.5 Million
August 19, 2011 - (RealEstateRama) -- DEXUS Property Group today announced the sale of a LEED-certified 496,000 square feet freezer facility in Riverside, California. USAA Real Estate Company owned and sold the building as well as furnished all of the development capital for the facility. Developed by DEXUS and completed in only ten months, the specialized building was sold for $91.5 million and is one of the largest and leading state-of-the-art LEED-certified cold storage facilities in the world.
USAA Real Estate Company & JLB Partners Launch First Venture
Atlanta, GA - August 19, 2011 - (RealEstateRama) -- USAA Real Estate Company and national developer JLB Partners, LP formed a joint venture to develop Buckhead Village, a Class-A multi-family community in Atlanta, Georgia. This constitutes the first transaction between the two companies, launching this relationship.
Clifton Gunderson to Relocate Phoenix Office to New Location
PHOENIX, AZ - August 19, 2011 - (RealEstateRama) -- Clifton Gunderson, ranked as one of the nation's largest certified public accounting and consulting firms, today announced it will relocate its Phoenix office. Effective January 1, 2012, Clifton Gunderson will become a new tenant at 20 East Thomas Road, Phoenix, Ariz. The new location will accommodate the expansion of Clifton Gunderson's Phoenix practice office.
NYU FURMAN CENTER QUARTERLY HOUSING REPORT REVEALS HOME SALES ARE SLOW, BUT PRICES HOLDING...
August 18, 2011 - (RealEstateRama) -- According to the New York City Quarterly Housing Update (Q2 2011) released by NYU’s Furman Center for Real Estate and Urban Policy, home sales volume declined 20 percent from the first to the second quarter of 2011, and is down 40 percent compared to March through June of 2010.
Serious mortgage delinquency rates stabilize in U.S. metro areas, but share of loans in...
WASHINGTON, DC - August 17, 2011 - (RealEstateRama) -- Serious delinquency rates for mortgages continue to stabilize across the largest 100 U.S. metropolitan areas, though they remain at historically high levels according to the latest data from Foreclosure-Response.org. Serious delinquency, defined as the share of loans in foreclosure plus the share of loans delinquent 90 or more days, fell 10% from the peak in December 2009 through March 2011. The 90+-day delinquency component of the figure fell from 5.5% of the mortgage market to 3.9% over the same period. However, the share of homes in foreclosure continues to rise, increasing 12% in that period.
Neighborhood Housing Services of Los Angeles County (NHS) partners with Congressman Howard Berman, Senator...
Sylmar, CA - August 17, 2011 - (RealEstateRama) -- Home affordability is higher now than in the past. The down side is that during the last two years, families in Los Angeles County lost their home to foreclosure every 15 to 18 minutes. Southern California residents can take the first step in the home buying process or saving the home they already own from foreclosure, by attending a FREE Housing Workshop on Saturday, September 10, 2011
Serious mortgage delinquency rates stabilize in U.S. metros, but share of loans in foreclosure...
WASHINGTON, DC - August 17, 2011 - (RealEstateRama) -- Serious delinquency rates for mortgages continue to stabilize across the largest 100 U.S. metropolitan areas, though they remain at historically high levels according to the latest data from Foreclosure-Response.org. Serious delinquency, defined as the share of loans in foreclosure plus the share of loans delinquent 90 or more days, fell 10% from the peak in December 2009 through March 2011. The 90+-day delinquency component of the figure fell from 5.5% of the mortgage market to 3.9% over the same period. However, the share of homes in foreclosure continues to rise, increasing 12% in that period.
Ellie Mae® Acquires Del Mar Datatrac
PLEASANTON, CA - August 16, 2011 - (RealEstateRama) -- Ellie Mae® (NYSE Amex: ELLI), a leading provider of automation solutions for the residential mortgage industry, announced today that it has acquired Del Mar Datatrac, Inc. The acquisition accelerates Ellie Mae’s growth strategy by expanding its already extensive lender customer base, significantly increasing the number of mortgages funded by its customers, and broadening the functionality of its Encompass® solutions.
New Book By Steve Bergsman; Growing Up Levittown Hits E-Bookstores
Tale of growing up in Levittown, Long Island,
the most successful and daring real estate development in U.S. history
VANCOUVER, CN - August 15, 2011 -...
Remodeling Activity Reaches Record Levels According to BuildFax Remodeling Index for June
Austin, TX - August 15, 2011 - (RealEstateRama) -- Today BuildFax unveiled its BuildFax Remodeling Index (BFRI) for June 2011 and it shows that even as the economy continues to struggle and home sales sag, the remodeling industry continued to be a bright spot from coast to coast. The index shows that June 2011 became the month with the highest level of remodeling activity since the Index was introduced in 2004
VHCB AmeriCorps Program to Receive $1.1 Million, 3-Year Renewal Funding
Montpelier, VT - August 12, 2011 - (RealEstateRama) -- The Vermont Housing & Conservation Board (VHCB) announced today a $1,134,000 grant award from The Corporation for National and Community Service. The funding will allow VHCB to sponsor nearly 100 AmeriCorps members over three years to serve at more than 20 non-profit organizations throughout Vermont, addressing community needs in the areas of housing and homelessness, energy savings, and environmental protection.
Zephyr Agent Nicki Randolph Champions Clementina Cares
San Francisco, CA - August 11, 2011 - (RealEstateRama) -- Zephyr Realtor Nicki Randolph believes in the concept of leaving things better than you find them. She serves on the all-volunteer Board of Directors for Clementina Cares, a neighborhood organization that has raised the bar for community action











