Yearly Archives: 2013
First-time homebuyers in East King County offered help with down payments
SEATTLE - February 5, 2013 - (RealEstateRama) -- First-time homebuyers in East King County will again have access to downpayment assistance through the House Key Plus ARCH Downpayment Assistance Program.
Architects Report: Crowdfunding Becoming Financing Catalyst for Stalled Real Estate Projects and Community Initiatives
Washington, D.C. - February 4, 2013 - (RealEstateRama) -- Crowdfunding, the practice of investing in projects through the use of a crowd-supported web based fundraising campaign, shows significant promise for attracting investors to smaller real estate projects and getting them off the architect’s drawing board, according to a report issued today by the American Institute of Architects.
Community Power Works Uses Housing Data to Make the Emerald City Even
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- In Seattle, Washington, owners of oil-heated homes are ineligible for city-sponsored electric and gas utility rebates. But that didn't stop the city's Better Buildings Neighborhood Program partner, Community Power Works, from using housing data to break through to this untapped market
Michigan REALTORS® Active in Neighborhood Stabilization Program
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- During the past two decades, Pontiac has seen more than its share of loss: commercially, economically and emotionally. The once thriving city lost its namesake automobile manufacturing when the ...
Make Macomb Your Home Home Ownership Series available
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- MSU Extension is offering Make Macomb Your Home Home Ownership Series which will focus on consumer protection during the home buying process.
Real Estate Developer Sued for Taking Advantage of Sharon Homebuyers
BOSTON, MA - February 4, 2013 - (RealEstateRama) -- A real estate developer has been sued for allegedly taking more than $200,000 in advance payments for new, single-family homes in Sharon that were never provided, and refusing to return the deposits, ...
FEDERAL AGENCIES WORKING TO MAKE HOMES HEALTHIER
WASHINGTON - February 4, 2013 - (RealEstateRama) -- Several federal agencies today unveiled Advancing Healthy Housing – A Strategy for Action. White House Council on Environmental Quality (CEQ) Chair Nancy Sutley, Environmental Protection Agency (EPA) Administrator Lisa P. Jackson, Secretary of Housing and Urban Development (HUD) Shaun Donovan, Surgeon General Regina Benjamin, M.D., and Deputy Secretary of Energy Daniel Poneman discussed the new plan during an event at the National Building Museum this morning.
Governor Bobby Jindal Announces the Reappointment of Kathy Brown to the Life Safety and...
BATON ROUGE - February 4, 2013 - (RealEstateRama) -- Today, Governor Bobby Jindal announced the reappointment of Kathy Brown to the Life Safety and Property Protection Advisory Board.
Important Tax Deadline for Seniors this Wednesday
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- If you’re 65 years old or older and you live in Cook County, there’s an important property tax deadline for you coming up this Wednesday, February 6, 2013.
Littleton Man Sentenced for Shredding Documents in an Attempt to Obstruct Mortgage Fraud Investigation
DENVER - February 4, 2013 - (RealEstateRama) -- Justin H. Knight, age 36, of Littleton, Colorado, was sentenced last Friday by U.S. District Court Judge Robert E. Blackburn to serve five years’ probation, with the first 12 months in home detention fo...
CASAGRANDE/O’SCANLON BILL TO SAVE TAXPAYERS MONEY THROUGH REVOLUTIONARY PROPERTY ASSESSMENT PROCESS SIGNED INTO LAW
WASHINGTON, D.C. - February 4, 2013 - (RealEstateRama) -- Bipartisan legislation sponsored by Assembly Republicans Caroline Casagrande and Declan O’Scanlon to save property taxpayers money by sharing property assessment resources countywide has been ...
The Problem With Fannie Mae Short Sales
Las Vegas, NV - February 4, 2013 - (RealEstateRama) -- Why is Fannie Mae countering short sale offers so high above market value? For the past few months, short sales with Fannie Mae as the investor are being countered by banks 20 to 30 percent (averag...
BH Properties Acquires AT&T Riverside Offices for Approximately $10 Million
Torrance, CA - February 4, 2013 - (RealEstateRama) -- BH Properties LLC, a Los Angeles-based commercial real estate investment firm that has a penchant for working through difficult transactions, time-sensitive closing factors and an expertise in repos...
Federal Agencies Working to Make Homes Healthier / Improving housing quality can dramatically affect...
WASHINGTON, DC - February 4, 2013 - (RealEstateRama) -- Several federal agencies today unveiled Advancing Healthy Housing – A Strategy for Action. White House Council on Environmental Quality (CEQ) Chair Nancy Sutley, Environmental Protection Agency (EPA) Administrator Lisa P. Jackson, Secretary of Housing and Urban Development (HUD) Shaun Donovan, Surgeon General Regina Benjamin, M.D., and Deputy Secretary of Energy Daniel Poneman discussed the new plan during an event at the National Building Museum this morning.
Attorney General DeWine Praises Efforts of City of Mansfield, Richland County to Demolish Abandoned...
MANSFIELD, OH - February 4, 2013 - (RealEstateRama) -- Ohio Attorney General Mike DeWine today joined Mansfield Mayor Tim Theaker and several other Richland County officials at the demolition of an abandoned house made possible by a grant from his Demo...
DOS Hosts State Fire Prevention and Building Code Council Public Meeting
ALBANY - February 4, 2013 - (RealEstateRama) -- The New York Department of State will host a public meeting of the State Fire Prevention and Building Code Council on Wednesday February 13, 2013,10:00 a.m.at the Department of State, 99 Washington Avenue...
Multi-Million-Dollar Real Estate Ponzi Schemer Admits Securities Fraud and Money Laundering
NEWARK - February 4, 2013 - (RealEstateRama) -- A Somerset County, New Jersey man pleaded guilty today to one count of securities fraud and one count of money laundering, admitting that he defrauded victims of an investment scheme by misusing their cap...
MBA Releases 2012 Year-End Commercial/Multifamily Servicer Rankings
San Diego, CA - February 4, 2013 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its year-end ranking of commercial and multifamily mortgage servicers as of the end of December 31, 2012. At the top of the list of firms is Wells Fargo with $429.1 billion in U.S. master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $337.6 billion, Berkadia Commercial Mortgage LLC with $197.3 billion, Bank of America Merrill Lynch with $112.5 billion, and KeyBank Real Estate Capital with $101.2 billion.
MBA Forecasts $254 Billion of Commercial/Multifamily Mortgage Originations in 2013, Up 11% From 2012
San Diego, CA - February 4, 2013 - (RealEstateRama) -- In its second annual forecast of the commercial/multifamily real estate finance markets, the Mortgage Bankers Association (MBA) projects originations of commercial and multifamily mortgages will grow to $254 billion in 2013, an increase of 11 percent from 2012 volumes, and continue to rise to $289 billion in 2015. Originations of multifamily mortgages are forecast at $100 billion in 2013.
Commercial/Multifamily Mortgage Originations Up 49 Percent in Q4, Up 24 Percent for Year
San Diego, CA - February 4, 2013 - (RealEstateRama) -- Commercial and multifamily mortgage originations increased 49 percent between the third and the fourth quarters of 2012, and were also up 49 percent compared to the fourth quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations