Yearly Archives: 2013
Fixed Mortgage Rates Move Higher
MCLEAN, VA - January 24, 2013 - (RealEstateRama) -- Freddie Mac (OTCBB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates moving higher from the previous week. The 30-year fixed averaged 3.42 percent, its highest reading since September 29, 2012. Regardless, fixed-mortgage rates still remain highly affordable near their all-time record lows, and should continue to aid in the ongoing housing recovery.
CFPB’s LO Compensation Measure Detrimental to Consumers
WASHINGTON, D.C. - January 24, 2013 - (RealEstateRama) -- The Consumer Financial Protection Bureau (CFPB) has released its final rules on loan originator (LO) compensation. The CFPB, after working for many months and examining the many aspects of this regulation which it inherited from the Federal Reserve Board, issued a rule that will harm consumers according to NAMB—The Association of Mortgage Professionals.
Wildfire Risk High in 2013, Due to Drought and Warm Weather: IBHS Offers Free...
WASHINGTON, D.C. - January 24, 2013 - (RealEstateRama) -- With a mild winter, relatively warmer weather in general, and drought conditions expected to continue in 2013, the Insurance Institute for Business & Home Safety (IBHS) urges home and business owners to take action now to effectively reduce their wildfire risk
PUBLIC HOUSING AUTHORITIES IN HUD SOUTHEAST REGION LEAD NATION IN GROUNDBREAKING HUD AFFORDABLE HOUSING...
ATLANTA - January 24, 2013 - (RealEstateRama) -- Public housing authorities in U.S. Housing and Urban Development's (HUD) Southeast region outpaced housing authorities across the U.S. in gaining HUD approval to participate in the Rental Assistance Demo...
Property Tax Foreclosure Sale
WASHINGTON, D.C. - January 24, 2013 - (RealEstateRama) -- Doug Lasher, Clark County Treasurer, announced that a Property Tax Foreclosure Auction will be conducted on Friday, February 1, 2013 at 9 a.m. in the 6th Floor Hearing Room, Clark County Public ...
Casey, Toomey, Meehan Call for Recognition of Delco’s Woodlawn Trustees Property by National Park...
Washington, DC - January 24, 2013 - (RealEstateRama) -- Today, U.S. Senators Bob Casey (D-PA) and Pat Toomey (R-PA) and Congressman Pat Meehan (PA-7) sent a letter to Department of the Interior Secretary Ken Salazar urging him to establish a National P...
ICBA Supports Concessions in Mortgage Loan Originator Rule
Washington, D.C. - January 24, 2013 - (RealEstateRama) -- The Independent Community Bankers of America (ICBA) today said it supports provisions of a new Consumer Financial Protection Bureau rule that will allow community banks to hire and retain qualified mortgage loan originators while providing consumer safeguards against steering and other inappropriate behaviors. The CFPB rule, which bans certain incentives that some loan originators had used to sell unsafe mortgage loans, clarifies that acceptable mortgage loan originator compensation structures include qualified and non-qualified bonus and profit-sharing plans.
NAIOP Promotes Christopher Ware as Vice President for Business Development
WASHINGTON, D.C. - January 24, 2013 - (RealEstateRama) -- Ware joined NAIOP and its business development department in 2001 as a sales manager and worked his way up to director of sales, senior director of business development and, now, vice president of business development. Throughout his 11 years at NAIOP, Ware has generated $5.8 million in revenue; doubled sponsorship revenues for the association’s industrial conference, I.con; and increased sponsorship levels by 30 percent for Development: The Annual Conference for Commercial Real Estate, which is held each fall. In 2008, when Ware took over as head of the business development department, the association also marked its highest grossing year for business development.
Upcoming SAMHSA Webinar: Homelessness Prevention
WASHINGTON, D.C. - January 24, 2013 - (RealEstateRama) -- According to national data, on any given night, nearly 672,000 Americans are homeless: nearly 40 percent are members of homeless families and nearly 20 percent are veterans. The longer someone has been homeless, the more difficult—and expensive—it becomes to restore stability. A 2011 expert panel on homelessness prevention highlighted pertinent research and specific strategies for preventing homelessness. This webinar will include participants from that panel and draw from information gained from that expert panel discussion.
Kiawah Island Residence Named Home of the Year in National Design Competition
WASHINGTON, D.C. - January 24, 2013 - (RealEstateRama) -- A Kiawah Island, S.C., residence has been selected as Home of the Year in the 2012 Best in American Living Awards (BALA) by the National Association of Home Builders (NAHB).
NAHB Forecasts Continued Improvement in 55+ Housing Market
WASHINGTON, D.C. - January 24, 2013 - (RealEstateRama) -- The segment of the housing industry that caters to those home buyers and renters who are 55+ years old will continue to improve in 2013, according to industry experts at a press conference held today at the National Association of Home Builders (NAHB) International Builders’ Show in Las Vegas. This trend is expected to continue as the share of U.S. households age 55+ will increase significantly through 2020.
The New American Home® 2013 Pushes Edge in Technology and Design
WASHINGTON, D.C. - January 24, 2013 - (RealEstateRama) -- The New American Home® 2013, the official show home of the International Builders’ Show, is wowing show attendees with its stunning contemporary design, attention to detail and leading-edge new products.
Branstad/Reynolds Administration Announce Completion of Statewide Housing Study
DES MOINES - January 24, 2013 - (RealEstateRama) -- The Branstad/Reynolds Administration today announced the completion of a comprehensive statewide housing study, which includes an analysis of Iowa’s current housing stock and the results of public f...
Attorney General Pam Bondi to Host Press Event to Discuss $60 Million in Assistance...
TALLAHASSEE, FL - January 24, 2013 - (RealEstateRama) -- On Thursday, Jan. 24, at 11:30 a.m., Attorney General Pam Bondi will host a press event with representatives of housing assistance and legal aid groups to discuss the $60 million of the national ...
December Pending Home Sales Index
LOS ANGELES, CA - January 24, 2013 - (RealEstateRama) -- Seasonal factors, combined with low housing inventory, particularly a lack of real estate-owned homes (REOs), drove California pending home sales lower in December, the CALIFORNIA ASSOCIATION OF ...
DCM HOSPITALITY SELECTED BY MONTECITO BEACH VILLAGE TO OFFER ELEGANT LIVING IN HUATULCO, MEXICO
Dallas, TX - January 24, 2013 - (RealEstateRama) -- DCM Hospitality announced today it has added Montecito Beach Village, located in the up-and-coming destination of Huatulco, Mexico, to its managed portfolio of luxury resort properties. Montecito is an intimate collection of two-, three-, and four-bedroom oceanfront villas. It integrates private clusters of beautiful, secluded homes boasting breathtaking views via a system of sensitively constructed roadways, pathways and courtyards.
GPE Announces 31 Commercial Transactions
Phoenix, AZ - January 24, 2013 - (RealEstateRama) -- GPE Companies (gpe1.com) reports the following transactions:
NAI Capital Represents Seller in Rite Aid and Rabobank Retail Transactions Totaling Over $10...
YUCCA VALLEY, CA - January 23, 2013 - (RealEstateRama) -- Theodore Zwicker and Patti Hawley, both with the West L.A. office, represented the Seller, GL Yucca Valley, LLC, in the sale of an 18,046 sq. ft. Rite Aid retail property located at 57701 Twenty...
Bozzuto Announces 460 New York Avenue, NW
Washington DC - January 23, 2013 - (RealEstateRama) -- Bozzuto Homes, a division of The Bozzuto Group, a Greenbelt, MD-based real estate services company, announced details of a new 63-unit condominium development located at 460 New York Avenue NW in t...
Meehan, Casey, Toomey Call for Recognition of Delco’s Woodlawn Trustees Property by National Park...
Washington, DC - January 23, 2013 - (RealEstateRama) -- Today, U.S. Senators Bob Casey (D-PA) and Pat Toomey (R-PA) and Congressman Pat Meehan (PA-7) sent a letter to Department of the Interior Secretary Ken Salazar urging him to establish a National P...