Yearly Archives: 2012
Commercial/Multifamily Mortgage Delinquency Rates Down in Third Quarter
WASHINGTON, D.C. - December 6, 2012 - (RealEstateRama) -- Delinquency rates decreased for commercial and multifamily mortgage loans in the third quarter, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.
Apartment Industry Issues Housing Finance Reform Key Principles: Calls for Ongoing Federal Role to...
WASHINGTON, DC - December 6, 2012 - (RealEstateRama) -- As lawmakers consider housing finance reform, the meaningful differences between the single-family and multifamily sectors require unique solutions for each. The National Multi Housing Council (NMHC) and National Apartment Association (NAA) Joint Legislative Program has issued a white paper outlining the key principles a reformed housing finance system needs to embrace to preserve liquidity and stability for the well-performing multifamily sector.
NeighborWorks America Brings More Than 2,000 Community Development Professionals to Washington, DC to Take...
Washington, DC - December 6, 2012 - (RealEstateRama) -- Today NeighborWorks America, which creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities, announced it will hold its quarterly Training Institute in downtown Washington, DC December 10-14, 2012. The weeklong event will provide training to more than 2,000 affordable housing and community development professionals from around the country. The Training Institute is expected to deliver an estimated $3 million in economic impact citywide.
RE/MAX Sells Australia and New Zealand Regions
BRISBANE, QLD) - December 6, 2012 - (RealEstateRama) -- The global real estate franchisor RE/MAX, LLC is transferring the RE/MAX Australia and RE/MAX New Zealand master franchises to a local ownership group. As of December 1, the two regions will be ow...
The New York City Housing Authority Receives a $7.1 Million Grant from the U.S....
New York, NY - December 6, 2012 - (RealEstateRama) -- The New York City Housing Authority (NYCHA) has received a $7.1 million National Emergency Grant from the United States Department of Labor to hire residents for post-Sandy recovery jobs in NYCHA de...
Governor Kim Guadagno Announces $285,000 Grant to Support Salvation Army’s Perth Amboy Transitional Residence...
Trenton, NJ - December 6, 2012 - (RealEstateRama) -- Continuing the Christie Administration’s Season of Service outreach to those in need, Lt. Governor Kim Guadagno today visited the Salvation Army Perth Amboy Corp to announce that the organization h...
County holds line on all property taxes, approves budget for 2013-2014
Vancouver, WA - December 6, 2012 - (RealEstateRama) -- The Board of County Commissioners today approved a balanced budget for 2013 and 2014 following public hearings that began Monday, as required by law.
CONSTRUCTION EMPLOYMENT DECLINES IN 156 OUT OF 337 METRO AREAS BETWEEN OCTOBER 2011 &...
WASHINGTON, D.C. - December 6, 2012 - (RealEstateRama) -- Construction employment declined in 156 out of 337 metropolitan areas between October 2011 and October 2012, increased in 127 and was stagnant in 54, according to a new analysis of federal employment data released today by the Associated General Contractors of America.
Take Precautions in Your Home After Hurricane Sandy
NEW YORK, NY - December 6, 2012 - (RealEstateRama) -- As New Yorkers remain in their homes or begin to consider returning home following Hurricane Sandy, the State of New York and the Federal Emergency Management Agency urge them to be careful, remain ...
Number of Improving Housing Markets Surges to 201 in December
WASHINGTON, D.C. - December 6, 2012 - (RealEstateRama) -- The number of housing markets considered “improving” according to parameters established by the National Association of Home Builders/First American Improving Markets Index (IMI) surged by 76 to a total of 201 metros in December, according to IMI data released today. The index also shows that the number of states represented on the list by at least one metro increased from 38 in November to 44 (plus the District of Columbia) in December.
Denham Statement on Latest GSA Proposal to Redevelop Highly Valuable Properties in Metropolitan Washington...
WASHINGTON, DC - December 5, 2012 - (RealEstateRama) -- The General Services Administration (GSA) today announced additional details for the possible redevelopment of highly valuable but significantly underdeveloped and underutilized federal property i...
West Los Angeles VA Homeless Veteran Treatment Facility Contract Awarded
LOS ANGELES, CA - December 5, 2012 - (RealEstateRama) -- The Department of Veterans Affairs (VA) has selected a contractor to seismically upgrade and renovate Building 209 on the north end of the VA Greater Los Angeles Healthcare System (GLAHS), West L...
State Housing Agency Announces Two Rounds of Counseling Funding to Protect Homeowners
CHICAGO, IL - December 5, 2012 - (RealEstateRama) -- To continue Governor Pat Quinn’s commitment to make FREE foreclosure prevention and homeownership counseling available across the state, the Illinois Housing Development Authority (IHDA) today anno...
DEM Offers Guidance for Repair of Damaged Septic Systems Due to Hurricane Sandy
PROVIDENCE - December 5, 2012 - (RealEstateRama) -- In the wake of Hurricane Sandy, the Department of Environmental Management is offering guidance to property owners who need to repair or replace onsite wastewater treatment systems (OWTS) that are loc...
In Letter, Oregon Lawmakers Seek to Have VA’s GI Bill Housing Allowance Calculated Based...
December 5, 2012 - (RealEstateRama) -- Oregon lawmakers wrote to the Veterans Administration to object to regulations which shortchange Oregon veterans going to college under the Post-9/11 GI Bill. In a letter to VA Director of Education Services Rober...
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - December 5, 2012 - (RealEstateRama) -- Mortgage applications increased 4.5 percent from one week earlier , according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 30, 2012. Last week’s results included an adjustment for the Thanksgiving holiday.
MBA White Paper Examines Future Role of the GSEs in Multifamily Housing Finance
Washington, DC - December 5, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) released a white paper today that underscores the importance of multifamily rental housing and examines the role of the Government Sponsored Enterprises (Fannie Mae and Freddie Mac, or “the GSEs”) in multifamily housing finance going forward. The white paper and its recommendations were developed by MBA’s GSE Multifamily Task Force, a group of industry experts from MBA’s broad commercial/multifamily finance membership convened to focus on the future role of the GSEs in the multifamily housing market, which serves more than 15 million (one in seven) American households. The white paper addresses key questions about the future of the GSEs’ multifamily businesses raised by the Federal Housing Finance Agency’s February 2012 strategic plan.
Rebuilding Stronger, Safer, Smarter
TRENTON, N.J. - December 5, 2012 - (RealEstateRama) -- Before you hang any drywall or put your utilities back in the basement, make sure you’re practicing safe and smart rebuilding methods and following local building codes. It’s your house and you...
HUD, HOUSTON HOUSING AUTHORITY SETTLE DISCRIMINATION COMPLAINT INVOLVING DEAF RESIDENT
FORT WORTH - December 5, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached an agreement with the Houston Housing Authority. The agreement settles allegations that the housing authority initially refused a Deaf resident’s requests to have a sign language interpreter present at a hearing to determine her eligibility to remain in HUD’s Housing Choice Voucher (HCV) program.
EPA Recognizes Brattleboro Food Co-op and Housing Development with 2012 Smart Growth Achievement Award
December 4, 2012 - (RealEstateRama) -- The U.S. Environmental Protection Agency has announced four winners of the 2012 Smart Growth Achievement Awards. In a national competition among 47 applicants from 25 states, the Brattleboro Food Co-op, the Windha...