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Yearly Archives: 2014

New NAHB Study Shows Substantial Regional Differences in New Single-Family Home Characteristics

WASHINGTON, D.C. - October 15, 2014 - (RealEstateRama) -- A recent study from the National Association of Home Builders (NAHB) revealed significant regional differences in new single-family home characteristics, ranging from price, design features, building materials and even financing. The new findings come from analysis of the 2013 Census Bureau Survey of Construction

CBRE ARRANGES $58M SALE OF LUXURY WINTER PARK APARTMENTS

Orlando, FL - October 15, 2014 - (RealEstateRama) -- CBRE arranged the sale of a 596-unit luxury apartment community in Winter Park, FL that represents one of the largest apartment complex sales in Greater Orlando thus far in 2014. Sun Key Apartment Homes at 7502 Sun Key Boulevard was acquired by BC Property Investments for $57.7 million.

2014 AIA Firm Survey Report Now Available

Washington, D.C. - October 13, 2014 - (RealEstateRama) -- As the U.S. construction industry continues to rebound from the downturn in the past economic cycle, The Business of Architecture: 2014 AIA Firm Survey Report shows that design activity at architecture firms has recovered to pre-recession levels. Most firms have seen revenue levels at least stabilize, if not finally begin to grow with gross billings at architecture firms increasing by 20 percent from 2011.

Statement from Sheila Crowley and Rachel LaForest on Samuels v. Federal Housing Finance Agency

WASHINGTON, D.C. - October 13, 2014 - (RealEstateRama) -- While we are disappointed in Judge Marcia G. Cooke’s ruling on Monday on our lawsuit against the Federal Housing Finance Agency (FHFA) to require the agency to lift its suspension on funding for the National Housing Trust Fund (NHTF), we will continue our advocacy for the affordable housing that the NHTF would provide. The need for this housing has never been more urgent. Consistent with statutory provisions, FHFA, through its Director Mel Watt, should lift the suspension and direct Fannie Mae and Freddie Mac to provide funding for the NHTF now

Launch of AIAU Provides Easy Access to Online Learning

Washington, D.C. - October 13, 2014 - (RealEstateRama) -- The American Institute of Architect’s (AIA) recent launch of AIAU marks a significant advancement in online education for architects, designers, builders, and others working within the architecture industry. Now, anyone with an Internet connection can access high-quality, interactive education taught by industry experts via streaming video and earn continuing education credits including AIA learning units (LUs) as well as HSW, GBCI, and RIBA credits

Shark Tank premiere included Barbara Corcoran commercial endorsing Albany New York Realtor Kevin Clancy

WASHINGTON, D.C. - October 13, 2014 - (RealEstateRama) -- ABC’s Shark Tank season premiere on Friday, Sept. 26, at 8 p.m. saw Kevin Clancy of Clancy Real Estate, side-by-side with real estate magnate Barbara Corcoran.

Realteya.com Launches, Providing Realtors with Lead Generating Websites

WASHINGTON, D.C. - October 13, 2014 - (RealEstateRama) -- A lack of leads generated by their websites is a frustration most Realtors share. This week, a new real estate website provider called Realteya is launching with a solution to Realtors’ online lead generation problem

Lennar Multifamily Communities Has Commenced Construction on 450-Unit Rental Community in West Covina

National
IRVINE, CALIF. - October 13, 2014 - (RealEstateRama) -- Award-winning national firm KTGY Group, Inc., Architecture + Planning, is pleased to announce that construction is underway on The Lakes at West Covina, a 450-unit luxury rental community with approximately 20,000 sq. ft. of ground floor retail and restaurants in the heart of Southern California’s San Gabriel Valley. Developed by Miami-based Lennar Multifamily Communities, and designed by KTGY, The Lakes is a 5-story mixed-use development located in the City of West Covina, adjacent to the 1.35 million sq. ft. Westfield West Covina shopping mall and directly across the street of the Lakes Entertainment Center and Edwards West

Notice of MRVP Waiting List Opening

WASHINGTON, D.C. - October 10, 2014 - (RealEstateRama) -- The state has recently made available funding for a limited amount of new Massachusetts Rental Program (MRVP) mobile vouchers. MRVP mobile vouchers provide rental assistance to low-income families and individuals who lease privately-owned apartments. A household pays at least 30 percent, but not more than 40 percent, of its income as rent plus any tenant-paid utilities. Housing agencies must first establish a waiting list from which applicants, who apply and are randomly assigned to the waiting list, will be selected to be screened for eligibility.

FEMA Housing Inspectors Contacting Flood Survivors

Mich. - October 10, 2014 - (RealEstateRama) -- The Federal Emergency Management Agency (FEMA) reports that more than 400 housing inspectors are in Wayne, Macomb and Oakland counties reaching out to Michigan homeowners and renters who have registered with FEMA for disaster assistance

HUD ANNOUNCES $5 MILLION WELLS FARGO SETTLEMENT AFTER COMPLAINTS OF DISCRIMINATION AGAINST WOMEN...

WASHINGTON - October 10, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it has reached a $5 million settlement with Wells Fargo Home Mortgage, the nation’s largest provider of home mortgage loans, resolving allegations that the lender discriminated against women who were pregnant, or had recently given birth, and were on maternity leave. Under its authority to enforce the Fair Housing Act, HUD has conducted an intensive campaign to end maternity leave-related lending discrimination. Since 2010, 190 maternity leave discrimination complaints have been filed with HUD, resulting in more than 40 settlements for a total of nearly $1.5 million, prior to today’s settlement

HUD OFFERS $24 MILLION TO HELP LOW-INCOME PUBLIC HOUSING RESIDENTS SECURE HIGHER PAYING...

WASHINGTON - October 10, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that $24 million is being made available to certain qualified Public Housing Authorities (PHAs) to help residents increase their earned income and move toward self-sufficiency. HUD’s Jobs-Plus Pilot Program is designed to support work readiness and job placement efforts as well as connecting public housing residents with local employers

America’s Homeowner Alliance and the National Association of Mortgage Brokers Announce Strategic Partnership

WASHINGTON, DC., - October 10, 2014 - (RealEstateRama) -- The National Association of Mortgage Brokers (NAMB) and America’s Homeowners Alliance (AHA) have announced a new partnership where NAMB members can now provide their customers with a one year free membership in the AHA. NAMB member customers will now have access to AHA advocacy and member rewards benefits, designed to promote pro-homeowner policies while also helping them to save money on every day purchases.

Rep. Perlmutter Recognized as “Legislator of the Year” for Affordable Housing Efforts

LAKEWOOD, CO - October 10, 2014 - (RealEstateRama) -- On October 6, 2014, Rep. Ed Perlmutter (CO-07) was recognized as “Legislator of the Year” for his significant contributions and support for affordable housing by the Colorado chapter of the National Association of Housing and Redevelopment Officials (NAHRO). Since being elected to Congress in 2006, Rep. Perlmutter has served on the House Financial Services Committee which has jurisdiction over many issues including housing programs such as Public Housing and all HUD programs

Rep. Perlmutter Recognized as “Legislator of the Year” for Affordable Housing Efforts

WASHINGTON, D.C. - October 10, 2014 - (RealEstateRama) -- CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com

Shark Tank premiere included Barbara Corcoran commercial endorsing Pennsylvania Realtor/Business Owner Joy Daniels

WASHINGTON, D.C. - October 10, 2014 - (RealEstateRama) -- ABC’s Shark Tank season premiere on Friday Sept. 26 at 8 p.m. saw Pennsylvania resident, Joy Daniels of Joy Daniels Real Estate Group, side-by-side with real estate magnate Barbara Corcoran.

Excessive Lending Standards Still Affecting Home Sales

WASHINGTON, D.C. - October 10, 2014 - (RealEstateRama) -- Tight mortgage lending standards continue to affect sales for single-family builders across the nation, according to a survey released by the National Association of Home Builders (NAHB). Well over half of the single-family builders surveyed indicated that lending standards were “tight” or “very tight,” while only 11 percent indicated that standards were “somewhat easy” and no builders described them as “very easy.”

Residential Properties Ltd. Celebrates 500 Videos

PROVIDENCE, R.I. - October 10, 2014 - (RealEstateRama) -- Residential Properties Ltd. (RPL) recently celebrated the completion of its 500th real estate video, providing consumers with guided tours for properties of all types, including condominiums, vacant land, multi-family homes, and single family residences of all price ranges

RE/MAX Named a Leading Global Franchise

DENVER - October 10, 2014 - (RealEstateRama) -- For the second consecutive year, RE/MAX, LLC has received the highest global ranking among real estate franchises by Entrepreneur magazine

Real Estate Firms Optimistic About Future of Industry

WASHINGTON, D.C. - October 8, 2014 - (RealEstateRama) -- Real estate firms are confident about the future growth and profitably of their industry, according to the 2014 National Association of Realtors® Profile of Real Estate Firms.

Business Real Estate Press Releases

Congrats-FS

Form Simplicity earns top real estate honors

Form Simplicity, one of the real estate industry’s most trusted and widely used transaction management solutions owned by the Florida Realtors, was selected for the 2025 Tech 200. Released by leading real estate consultancy T3 Sixty, the 2025 Tech 200