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Monthly Archives: April 2011

Thorough online property search feature made possible for Greenville, South Carolina buyers thanks to...

EUGENE, OR - April 121, 2011 - (RealEstateRama) -- Realtor Kathy Sheehan has enabled the IDX, Inc. premier technology, IDX Broker software, onto her real estate website, creating an unparalleled database of Greater Greenville MLS (GGMLS) listings, conveniently on her website. Sheehan has made it so simple for South Carolina home seekers to experience an online property search that is both effective and efficient at matching buyers with their dream home. The IDX solution Sheehan has adopted has forever changed the way she does business online

Housing Appreciation Slow to Return

Santa Rosa Beach, FL - April 121, 2011 - (RealEstateRama) -- Housing appreciation will take a number of years to materialize again after the downturn in most local U.S. housing markets, according to the findings of a new Housing Predictor survey. Consumers are cautiously optimistic about the market with more than 1 out of 3 surveyed saying it will take more than five years for the market to appreciate.

SECURE NETWORK SET-UP TO HELP HOUSING LENDERS AND BORROWERS EXCHANGE INFORMATION

April 11, 2011 - (RealEstateRama) -- A new program that allows housing lenders and borrowers to easily exchange information is aimed at helping both sides work out a settlement agreement in foreclosure cases. The program centers on the launch of a secure online network that enables parties to more efficiently exchange documents during mediation. Chief Justice Randall T. Shepard explained the importance of the network. “The success of settlement conferences can depend on whether all the necessary paperwork is in place. We are giving both sides another tool to collect and review all the information needed to work out an agreement.”

U.S. Office Vacancy Levels Decrease for Second Consecutive Quarter Driven by Continued Expansion of...

CHICAGO, IL - April 11, 2011 - (RealEstateRama) -- As an indication that the commercial real estate sector is in a slow but steady recovery, the U.S. office market recorded its fourth consecutive quarter of occupancy gains with 4.5 million square feet of space absorbed in the first quarter of 2011.

Weather is Warming Up – So is Contractor Fraud- ConstructionConfidant.Com Offers Scam Tips

West Haven, CT - April 11, 2011 - (RealEstateRama) -- Every year complaints against contractors pour into State and Federal Consumer Complaint Agencies and the BBB. As a matter of fact, according to the 2010 Annual Consumer Complaint Survey contractorsranked numbers 3 & 6 out of all complaints. The economy is compounding the problem. Contractors desperate for work with unscrupulous morals are taking advantage of customers at an alarming rate, and with budget cuts across the board, the agencies that service consumers don't have the resources required to be effective.

Luxury Portfolio International™ Recognizes Improvements in the Real Estate Market with Increase in New...

CHICAGO, IL - April 11, 2011 - (RealEstateRama) -- Luxury Portfolio International™, the luxury face of Leading Real Estate Companies of the World®, is proud to welcome six new brokerage members and four new developments to its’ luxury brand during the first quarter of 2011. The positive signs indicated by the program growth show a commitment to high end space as well as Luxury Portfolio’s success in helping its members market their listings through innovative technology and tools not offered by other luxury real estate networks.

Reliant Mortgage & Janice Wescott Announce Partnership with Brendan Fontaine & Team to serve...

AUBURN, ME - April 11, 2011 - (RealEstateRama) -- Reliant Mortgage Company, LLC. is proud to announce the alliance of Janice Wescott and Brendan Fontaine’s team (formerly New England Home Loans) to establish a very exciting, powerful mortgage banking...

FTC Settlement Collects $2.2 Million, Bans Marketers From Mortgage Relief Business

WASHINGTON, D.C. - April 11, 2011 - (RealEstateRama) -- Under a settlement with the Federal Trade Commission, two companies and three individuals are banned from the mortgage relief services business and must relinquish $2.2 million in assets for consumer refunds. The action is part of the FTC’s ongoing effort to stop scams that target financially strapped homeowners seeking mortgage relief.

HUD TO ADDRESS “NATIONAL ORIGIN” HOUSING DISCRIMINATION DURING NATIONAL FAIR HOUSING MONTH

WASHINGTON, DC - April 11, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it will launch an effort to better address national origin based housing discrimination during Fair Housing Month in April. HUD will initiate a national media campaign and a series of community discussions on topics ranging from rental practices to mortgage lending. HUD's first Immigrant Housing Conference, which will educate the public and housing providers about their fair housing rights and responsibilities, will be conducted in Omaha, Nebraska, April 14

Lee & Associates Opens Office in Kansas City

Torrance, CA - April 11, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate brokerage firms in the country, has taken another important step in strengthening its Midwest presence by opening an office in Kansas City, Kan.

Delaware homes displayed with ease on the IDX enabled website of agent Ryan White

EUGENE, OR - April 11, 2011 - (RealEstateRama) -- Today, IDX, Inc. announces Ryan White of Re/Max Wilmington is the most recent real estate professional to adopt a customizable IDX solution for his website. Now, Trend MLS listings are conveniently inte...

U.S. Court of Appeals Upholds FTC Order in RealComp Matter

WASHINGTON, D.C. - April 11, 2011 - (RealEstateRama) -- Federal Trade Commission Chairman Jon Leibowitz issued the following statement regarding this week’s ruling by the U.S. Court of Appeals for the Sixth Circuit upholding the FTC’s order in the RealComp matter.

NAHB Research Center Announces North Carolina Green Home Day

April 11, 2011 - (RealEstateRama) -- Research Center Partners with Local Home Builder Associations on April 13th to Deliver Builder Education on Green Home Building & Marketing. That: North Carolina has long been recognized as one of the nation's leaders for building high-performance, green homes

Loudoun Launches E-Billing System for Business Personal Property Tax Bills

April 8, 2011 - (RealEstateRama) -- In July 2010, the Loudoun County Treasurer’s Office was among the first in the Commonwealth of Virginia to offer individual taxpayers the opportunity to receive their personal property tax bills electronically. Since that time, more than 12,000 citizens have registered and received their personal property tax bills through e-mail.

Kucinich Announces Two Victories to Help Low-Income Residents with Heating Bills

Washington, DC - April 8, 2011 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today announced that the U.S. Department of Health and Human Services will provide Ohio with an additional $61.8 million to help low-income homeowners and renters meet home energy costs under the Low Income Home Energy Assistance Program (LIHEAP).

FHA’S MORTGAGEE REVIEW BOARD ANNOUNCES SETTLEMENT WITH FIRST AMERICAN MORTGAGE TRUST

WASHINGTON, DC - April 8, 2011 - (RealEstateRama) -- The Federal Housing Administration's Mortgagee Review Board (MRB) today announced a settlement agreement with a Massachusetts mortgage lender for failing to fully verify whether borrowers could sustain their mortgage payments prior to refinancing their loans. Among the alleged violations, the MRB claimed First American Mortgage Trust (FAMT) of Brookline, Massachusetts refinanced mortgage loans for borrowers with serious credit delinquencies without properly analyzing the households' ability to manage credit

Department of Banking and Finance Revokes the Mortgage Broker’s License of BDK Mortgage &...

Atlanta, GA - April 8, 2011 - (RealEstateRama) --On April 6, 2011, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with BDK Mortgage & Investments, Inc. (“BDK Mortgage”), License Number 11800, Nationwide Mortgage Licensing System Number 166983, located at 201 Tallman Drive, Martinez, Georgia 30907 and its owners, Jackie H. Spires and James Spires, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act and agency rules.

Bennet Congratulates Pikes Peak Area Council of Governments on Selection to Sustainable Communities Building...

Washington, DC - April 8, 2011 - (RealEstateRama) -- Colorado U.S. Senator Michael Bennet today congratulated the Pikes Peak Area Council of Governments (PPACG) on it selection to participate in the U.S. Environmental Protection Agency’s (EPA) Su...

Quicken Loans Group Closes Purchase of both Chase Tower and Two Detroit Center Garage

DETROIT, MI - April 8, 2011 - (RealEstateRama) -- Dan Gilbert, Founder and Chairman of Detroit-based Quicken Loans Inc., announced the completion of the purchase of Chase Tower, a 505,000 square foot, 14-story high rise office building occupying a full city block at the foot of Campus Martius Park in downtown Detroit’s central business district

Lake Tahoe Sees Jump in Average Home Price

LAKE TAHOE, NV - April 8, 2011 - (RealEstateRama) -- Homes around Lake Tahoe experienced a 29 percent jump in average price, according to a quarterly report released by Chase International real estate. The figures compare sales and home prices from first quarter 2011 to first quarter 2010.The average price of a home in Lake Tahoe rose to $937,501 and the median is $564,500 (an 11 percent drop). Sales volume is up 23 percent and units sold is up six percent.

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.