Yearly Archives: 2014
REach® Technology Accelerator Now Accepting Applications for 2015
CHICAGO - November 19, 2014 - (RealEstateRama) -- Second Century Ventures, the strategic investment fund of the National Association of Realtors® , announced today that it is accepting applications for its 2015 REach® Accelerator program, now through January 30th, 2015. The nine-month program provides a unique opportunity for technology companies to get intense exposure into real estate, a market that represents more than $1 trillion in revenue, consists of more than 100,000 small- and medium-sized businesses and generates more than $12.5 billion in advertising spend in the U.S. each year
New REALTOR Benefits® Partner Provides Exclusive Member Pricing and Features on Customizable Websites
WASHINGTON - November 19, 2014 - (RealEstateRama) -- Technology has transformed the way real estate professionals do business, and establishing an online presence is essential to connecting with and marketing to potential clients. To help members build and maintain their online identity, the National Association of Realtors® welcomes Placester, one of the largest providers of real estate websites in the world, to the REALTOR Benefits® Program. Through this strategic partnership, Placester is offering exclusive pricing and features on websites to NAR members as well as access to marketing programs and strategies to assist in revenue growth and lead generation.
Support Mercy Housing for #GivingTuesday on December 2, 2014.
Denver, Colorado - November 19, 2014 - (RealEstateRama) -- Mark your calendar to support Mercy Housing for #GivingTuesday on December 2, 2014. This year after Thanksgiving there are three important days to remember, Black Friday…Cyber Monday… and Giving Tuesday. After two days of shopping, donors are provided a day to give back and come together to support nonprofits throughout the country like Mercy Housing
U.S. Bank partners with Mercy Housing for their national ‘Home Is’ campaign.
Denver, Colorado - November 19, 2014 - (RealEstateRama) -- This year U.S. Bank has partnered with Mercy Housing as part of the Mercy Housing Home Is campaign. This campaign launches in November during National Hunger & Homelessness Awareness Week, and runs through the holiday season. The campaign will run from November 17, 2014 through January 9, 2015
Single-Family Starts Up 4.2 Percent While Overall Production Drops Slightly in October
WASHINGTON, D.C. - November 19, 2014 - (RealEstateRama) -- Single-family housing production in October reached its highest level since November 2013 while the more volatile multifamily sector brought combined nationwide starts activity down 2.8 percent to a seasonally adjusted annual rate of 1.009 million units, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau
KHRC AWARDS $1.675 MILLION TO HELP KANSAS FAMILIES OBTAIN SAFE, AFFORDABLE HOUSING
TOPEKA - November 19, 2014 - (RealEstateRama) -- Thirteen non-profits and public housing authorities statewide will share $1.675 million in Tenant Based Rental Assistance (TBRA) to help Kansas families obtain safe, affordable housing of their choice. Funded through the federal HOME Investment Partnerships Program (HOME), and administered by Kansas Housing Resources Corporation (KHRC), TBRA helps income-eligible households afford rental subsidies, utility deposits and security deposits
3 Ways Mobile Technology is Improving Construction Jobsites
WASHINGTON, D.C. - November 19, 2014 - (RealEstateRama) -- Mobile technology is making a huge impact on construction sites. It’s an enormous technological advancement in an industry that has seen relatively few. Job sites are now more efficient, and managing construction projects is easier than ever. Productivity, budgeting, and management have all seen improvements due to mobile technology
StarPoint Properties Acquires $51.75 Million Multifamily Property in West Covina
WASHINGTON, D.C. - November 19, 2014 - (RealEstateRama) -- StarPoint Properties, an industry leader in acquiring, developing and re-positioning multifamily projects, has purchased the $51.75 million Lafayette Parc Apartments in West Covina, California. The 236,000-square-foot property is comprised of 259 units and is located at 624 South Glendora Ave. The name of the seller was not disclosed.
Builder Confidence Rises Four Points in November
WASHINGTON, D.C. - November 18, 2014 - (RealEstateRama) -- Builder confidence in the market for newly built single-family homes rose four points to a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.
Statement from NAHB Chairman Kevin Kelly on ICC Ruling on Cost Estimates
WASHINGTON, D.C. - November 18, 2014 - (RealEstateRama) -- Kevin Kelly, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Wilmington, Del., issued the following statement on the decision by the International Code Council to require that all code change proposals include cost estimates
Audit Shows FHA Fund is Healthy, Time to Lower Mortgage Insurance Premiums, Say Realtors®
WASHINGTON - November 18, 2014 - (RealEstateRama) -- The following is a statement by National Association of Realtors® President Chris Polychron:
Chairman Hensarling Statement on FHA Capital Standards
WASHINGTON, D.C. - November 18, 2014 - (RealEstateRama) -- House Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement regarding the Federal Housing Administration’s (FHA) failure to once again meet its capital ratio requirement.
ABC Asks EPA to Withdraw its “Waters of the U.S.” Proposal
Washington, D.C. - November 18, 2014 - (RealEstateRama) -- Associated Builders and Contractors (ABC) and more than 50 ABC chapters this week filed comments to voice deep concern over the U.S. Environmental Protection Agency’s (EPA) and the U.S. Army Corps of Engineers’ proposed “Waters of the U.S.” rule. ABC also filed additional comments with a group of 374 trade associations led by the U.S. Chamber of Commerce and as a member of the Waters Advocacy Coalition (WAC).
Pircher, Nichols & Meeks Hires Elena Baca As New Associate
WASHINGTON, D.C. - November 17, 2014 - (RealEstateRama) -- Pircher, Nichols & Meeks, a national real estate law firm with offices in Chicago and Los Angeles, has announced Elena Baca has joined the firm as a new associate in the Chicago office. Baca has previous experience in real estate and property transaction law.
SummerHill Apartment Communities to Celebrate Completion of New 300-unit Transit-Oriented Luxury Residential Rental Community...
OAKLAND, Calif. - November 17, 2014 - (RealEstateRama) -- Award-winning national architecture and planning firm KTGY Group, Inc. and SummerHill Apartment Communities, a division of SummerHill Housing Group and a leader in providing quality, smart growth, multi-family rental housing and mixed-use developments, announce the completion of Brio, a new 300-unit luxury residential rental community in Contra Costa County situated four blocks from a BART light rail station in Walnut Creek, Calif. The completion of Brio will be celebrated with a public art unveiling on Tuesday, November 18th.
EPA Recognizes the First Existing Apartment, Condo Buildings with ENERGY STAR Certification / Apartment...
WASHINGTON, D.C. - November 17, 2014 - (RealEstateRama) -- The U.S. Environmental Protection Agency (EPA) announced today the first existing multifamily housing properties to earn the new ENERGY STAR multifamily certification for superior energy performance. EPA recognized 17 apartment and condo buildings across the country for leading the industry in reducing energy use, increasing affordability, protecting public health, and combating climate change
Energy Efficiency Will Be Critical to Historic U.S.-China Climate Agreement
WASHINGTON, D.C. - November 17, 2014 - (RealEstateRama) -- President Obama and Chinese President Xi Jinping announced an historic agreement to curb greenhouse gas (GHG) releases from their two nations which account for 40% of the world’s emissions. The United States, building on existing efforts, in which energy efficiency plays a very large role, will reduce emissions 26-28% by 2025 relative to 2005. China has committed to clean up its fast growing economy to reach peak emissions by no later than 2030.
FEMA Continues to Inspect Quake-Damaged Homes
SACRAMENTO, Calif. - November 17, 2014 - (RealEstateRama) -- Federal Emergency Management Agency (FEMA) inspectors have completed more than 2,000 inspections of homes damaged or destroyed by the South Napa Earthquake. Homeowners and renters in Napa and Solano counties became eligible to apply for federal disaster assistance on Oct. 27 following the presidential declaration for Individual Assistance. FEMA must verify damages for every application.
Big Data Will Play an Important Role in the Future of Real Estate and...
WASHINGTON, D.C. - November 17, 2014 - (RealEstateRama) -- Advances in mobile technology have the potential to radically change the ways consumers search for real estate online, according to a session at the 2014 REALTORS® Conference & Expo that peered into what can happen in the future regarding big data and real estate
HUD AND SALVATION ARMY SETTLE PREGNANCY DISCRIMINATION CLAIMS
WASHINGTON, D.C. - November 17, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that the Salvation Army will pay $48,000 to four women as part of a Conciliation Agreement resolving allegations that the international charitable organization wrongfully evicted them from its Turning Point transitional housing center in Washington, DC, because they became pregnant. Salvation Army also agreed to set aside $24,000 for a housing case manager