Monthly Archives: July 2011

July 6, 2011 - (RealEstateRama) -- Federal tax credits and other financing awarded last week to build affordable apartments is expected to support 6,900 jobs statewide. More than $300 million in development will result from the federal tax credit...

Albany, NY - July 6, 2011 - (RealEstateRama) -- Governor Andrew M. Cuomo today traveled to Monroe County to sign New York's first property tax cap.. The tax cap, a hallmark of Governor Cuomo's campaign and a priority of his administration's first year, will finally deliver relief to millions of homeowners and business owners across the state who for too long have been burdened by out-of-control property taxes.

MEMPHIS, TN - July 6, 2011 - (RealEstateRama) -- In its June Board of Directors Meeting, the Memphis Area Association of REALTORS® voted to give a $7,500 donation to the REALTORS® Relief Foundation. The action comes in response to a stormy spring in ...

NEW YORK, N.Y. - July 6, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that the first phase of a two-building development, Windows on 123 Apartments, a premier luxury condominium development in Harlem, is sold out and that the launch of sales has begun at Windows on 123 Lofts, the development’s nearby sister property.

28th District of Texas, TX - July 6, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development’s (HUD) Emergency Homeowners’ Loan Program announced assistance for homeowners in Texas who have experienced a substantial loss of income (a reduction of at least 15 percent) due to unemployment, underemployment or a medical condition that has caused people to fall behind on payments.

BATON ROUGE, LA - July 6, 2011 - (RealEstateRama) -- Today, Governor Bobby Jindal signed Senate Bill 269 by Senator Neil Riser, creating the Louisiana Housing Corporation, a consolidated organization for the state’s housing policy and programs. Th...

EUGENE, OR - July 6, 2011 - (RealEstateRama) -- IDX, Inc. and Chris Cooke are revolutionizing the Redwood City, California real estate search, by enabling IDX Broker software onto the website Cooke hosts. As a broker, Cooke presents area listings with ease and simplicity on his IDX enabled website. MLSListings properties are synced to the search page Cooke hosts, creating a thorough, comprehensive and dynamic online database of local listings. By integrating IDX Broker software on his website, Cooke has transformed the online real estate marketplace for his clients and his own business

WASHINGTON, D.C. - July 6, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the first quarter of 2011. First quarter data on the commercial real estate markets show the natural effects of the turn of the real estate cycle. Broader economic indicators were positive in the first quarter, but provided less of a tail wind to commercial real estate markets than they might have. Despite this softness, real estate fundamentals have stabilized and are beginning to show signs of mending. Transaction volumes are picking up, and pricing and loan performance are showing initial signs – inconsistent though they are – of improvement. Any pick-up in economic growth will speed the healing; any slowdown will draw out the cycle

Columbia, MO - July 6, 2011 - (RealEstateRama) -- Eligible tornado survivors unable to find other forms of housing will soon be able to occupy temporary housing in two community sites beginning construction south of the Joplin Regional Airport. City of Joplin and Federal Emergency Management Agency officials, with the Corps of Engineers, conducted a briefing Tuesday, July 5, on land just south of the Joplin Regional Airport, off Highway 171. On that field, the agency will construct two mobile home communities that could accommodate up to 346 manufactured housing units

Washington, DC - July 6, 2011 - (RealEstateRama) -- Most Americans still believe that owning a home is a solid financial decision, and a majority of renters aspire to home ownership as a long-term goal. According to the 2011 National Housing Pulse Survey released today by the National Association of Realtors®, 72 percent of renters surveyed said owning a home is a top priority for their future, up from 63 percent in 2010.

Phoenix, AZ - July 6, 2011 - (RealEstateRama) -- RE/MAX Excalibur Realty, RE/MAX Fine Properties and RE/MX Professionals, three of the most successful real estate companies in Arizona, have ranked among the top residential real estate brokerages in the state based on “The List” survey published annually by the Phoenix Business Journal.

FRANKFORT, KY - July 6, 2011 - (RealEstateRama) -- The Kentucky Department of Revenue has set the 2011 State Real Property Tax Rate at 12.2 cents per $100 of assessed value – the same rate as last year. Kentucky Revised Statute 132.020 requires t...

TOPEKA, KS - July 6, 2011 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) is pleased to announce the launch of its new website, www.kshousingcorp.org. The revamped site offers a fresh, clean design, streamlined navigation, new search ...

Seattle, WA - July 6, 2011 - (RealEstateRama) -- Join the Seattle City Council's Housing, Human Services, Health, and Culture Committee on Thursday, July 7 for a walking tour of the "Nickelsville" homeless person's encampment. This tour will continue ...

WASHINGTON, DC - July 6, 2011 - (RealEstateRama) -- The Justice Department announced today the unsealing of a criminal information earlier today, charging four defendants – Louis Gendason, 42, of Delray Beach, Fla.; Kimberly Mackey, 46, of Pittsburgh; John Incandela, 24, and Marcos Echevarria, 29, both of Palm Beach, Fla. – with conspiracy to commit wire fraud involving a nation-wide reverse mortgage scam that defrauded elderly borrowers, financial institutions and the Department of Housing and Urban Development (HUD).

MEMPHIS, TN - July 6, 2011 - (RealEstateRama) -- Memphis-area home sales for June rose 4.5 percent from a year ago, with 1,612 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Existing home sales we...

Beacon Commercial Real Estate - July 6, 2011 - (RealEstateRama) -- Taylor Young of Beacon Commercial Real Estate, LLC represented the landlord, BioMed Realty Trust, Inc., in leasing 11,185 square feet of office space to Ferrandino & Son, Inc. at 2600 Eisenhower Avenue, Valley Forge, Pennsylvania.

Torrance, CA - July 6, 2011 - (RealEstateRama) -- Markus Ashley of Keystone Pacific Property Management has returned to the Temecula office as a senior community association manager. “Markus brings a high level of experience to our Temecula office and will be a valuable addition to the Keystone Pacific team,” said Denise Bergstrom, vice president of association management of Keystone Pacific Property Management.

NEW YORK, NY - July 6, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed a renewal and expansion totaling 18,050 square feet for 650 Fifth Avenue Co. with Integrated Media Solutions LCC at 650 Fifth Avenue. The direct response media and analytics firm signed a renewal transaction for 11,289 square feet and a lease expansion for 6,761 square feet at the Class A, 395,000-square-foot office building.

HOUSTON, TX - July 6, 2011 - (RealEstateRama) -- Claymon “Butch” Trammell, along with his wife, Jeannettea Williams, and daughter, Michelle Trammell, have all pleaded guilty to conspiracy to commit wire fraud for their roles in a multi-million-dollar mortgage fraud scheme, United States Attorney José Angel Moreno announced today. The three residents of Houston entered their pleas yesterday in federal court before United States District Court Judge Vanessa Gilmore.