Yearly Archives: 2014

NEW ORLEANS - November 7, 2014 - (RealEstateRama) -- Existing-home sales are expected to be higher next year and prices will remain at a healthier level of growth that benefits both buyers and sellers, according to an economic forecast at a residential forum during the 2014 Realtors® Conference & Expo.

NEW ORLEANS - November 7, 2014 - (RealEstateRama) -- Realtors® hold the key to homeownership for many consumers, but providing options for prospective homebuyers in rural areas is often more difficult due to a lack of affordable inventory and access to mortgage credit. To help homebuyers realize their dream of homeownership in less populated areas, U.S. Department of Agriculture Rural Housing Service Administrator Tony Hernandez told Realtors® they can soon expect some changes that will simplify the Single Family Housing Guaranteed Loan Program.

Washington, D.C. - November 7, 2014 - (RealEstateRama) -- Associated Builders and Contractors (ABC), along with 19 other business trade groups, requested that President Obama withdraw the “Fair Pay and Safe Workplaces” Executive Order (E.O. 13673) in a letter addressed to U.S. Department of Labor (DOL) Secretary Thomas Perez and Assistant to the President and Director of the Domestic Policy Council Cecilia Muñoz.

Warren, Mich. - November 7, 2014 - (RealEstateRama) -- Southeast Michigan homeowners and renters who lost personal property as a result of the August severe storms and flooding may be eligible for disaster-related assistance from the Federal Emergency Management Agency (FEMA) and other agencies

NEW ORLEANS - November 7, 2014 - (RealEstateRama) -- Shifting political dynamics and emerging technologies will have a significant impact on the business of real estate over the next 12 months and Realtors® are ready for the changes, said 2015 National Association of Realtors® President Chris Polychron at a news conference today during the 2014 Realtors® Conference & Expo.

NEW ORLEANS - November 7, 2014 - (RealEstateRama) -- The housing market has rebounded dramatically from the weak prices and record low sales activity seen in 2010, which was the last time Realtors® were in New Orleans for the REALTORS® Conference & Expo, here through November 10.

CHARLOTTE, N.C./LOS ANGELES - November 7, 2014 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States, has announced that Publix Super Markets has now opened as the new anchor tenant at WFC’s fully-leased Steele Creek Crossing in Charlotte, North Carolina. This lease marks one of seven Bi-Lo locations Publix has taken over in the Charlotte area.

WASHINGTON, D.C. - November 7, 2014 - (RealEstateRama) -- Average Hourly Earnings Accelerate, Average Weekly Hours Tie Eight-Year High, Indicating That Contractors Face Growing Difficulty Finding Qualified Workers; Industry Officials Push for Workforce Development

DENVER - November 7, 2014 - (RealEstateRama) -- The industry-leading education platform for RE/MAX Affiliates, now known as RE/MAX University (RU), celebrates 20 years of providing top-notch training that can be traced back to the introduction of the RE/MAX Satellite Network (RSN). RSN launched Nov. 1, 1994 and evolved into a learning tool that has been recognized more than 150 times by training industry experts

TEMPE, AZ - November 6, 2014 - (RealEstateRama) -- A 38,225 SF, freestanding retail building at Emerald Design Center, 1725 West Ruby Dr., Building C in Tempe, has sold in an all-cash deal for $2,600,000 or $68.02 per SF.

NEW ORLEANS - November 6, 2014 - (RealEstateRama) -- Though she has lived her entire life in the area, Quenetria Harris has never had the chance to own her own home. Today she and her three-year-old son Ja’kyi are one step closer to that goal, thanks to her hard work and some help from the National Association of Realtors® and New Orleans Area Habitat for Humanity.

NEW ORLEANS - November 6, 2014 - (RealEstateRama) -- Home prices showed continued growth in a majority of metropolitan areas in the third quarter, but all four major regions saw increases at or below 5 percent from a year ago, according to the latest quarterly report by the National Association of Realtors

WASHINGTON, D.C. - November 6, 2014 - (RealEstateRama) -- Markets in 59 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the third quarter of 2014, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released today

SAN DIEGO, CA - November 6, 2014 - (RealEstateRama) -- Kevin Kawaoka, CCIM & Mario Gandara with NAI Capital’s Bluechip Investment Group represented a private investor in the purchase of a 13 unit multifamily property located at 2329 C Street in the Golden Hill area of San Diego, CA. The value of the sales transaction was $2.6 million dollars. The property traded at a 4.6% cap rate and $224 per square foot.

POMONA, Calif. - November 5, 2014 - (RealEstateRama) -- C.W. Driver, a premiere builder serving California since 1919, has announced the construction completion on the $45.9 million Cal Poly Pomona student recreation center, the Bronco Recreation and Intramural Complex (BRIC). The new LEED® Silver certified, 126,000-square-foot project was completed in September 2014.

WASHINGTON, D.C. - November 5, 2014 - (RealEstateRama) -- Robertson has rejoined HGA Architects and Engineers as associate vice president and business developer in the Los Angeles office. Robertson, who previously served as HGA's business developer between 2006 and 2010, will implement new business and marketing strategies in healthcare, higher education and government/corporate market sectors in southern California.

WASHINGTON, D.C. - November 5, 2014 - (RealEstateRama) -- The data security breach at Home Depot stores in September cost credit unions nearly $60 million to reissue cards, deal with fraud and cover other costs, according to the results of a new survey of credit unions, released today by the Credit Union National Association (CUNA).

Orlando, FL - November 5, 2014 - (RealEstateRama) -- CBRE arranged the sale of a 250-unit rental community in Altamonte Springs, FL, across from the multi-million dollar homes in the gated neighborhood of Spring Valley. Ashley at Spring Valley, located at 693 Wymore Road, was acquired from RW Ashley, LLC of New York and Strategic Properties of North America by Robbins Property Associates for $18.3 million.

Chicago - November 5, 2014 - (RealEstateRama) -- The economic future of Milledgeville, Georgia is growing brighter because of recommendations made by a group of real estate executives who volunteer to help non-profit organizations, schools and municipalities solve complex real estate problems