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Yearly Archives: 2014

NAHB Applauds House Passage of Flood Insurance Bill

WASHINGTON, D.C. - March 5, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today commended the House for passing flood insurance legislation that will benefit home buyers and home owners and provide a boost to home building and remodeling, while providing certainty and financial stability to the National Flood Insurance Program (NFIP).

$1.1 Trillion Apartment Industry Highlights Key Policies for Congress

WASHINGTON, D.C. - March 5, 2014 - (RealEstateRama) -- As Congress considers major policy decisions this year, they must take care not to lose sight of the one-third of the country that rents and the $1.1 trillion economic impact the apartment industry and its residents contribute to the economy annually. This is the key takeaway from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) 2014 legislative and regulatory priorities released today

CONSTRUCTION SPENDING POSTS BIGGEST INCREASE SINCE 2006, RISING 9.3 PERCENT FOR THE YEAR AMID...

WASHINGTON, D.C. - March 5, 2014 - (RealEstateRama) -- Total construction spending in January posted the steepest year-over-year increase since 2006, with growth in public construction as well as private residential and nonresidential spending, according to an analysis of new Census Bureau data by the Associated General Contractors of America (AGC). Association officials warned that federal investments in highway repairs could decline rapidly this summer because of funding shortfalls, undermining the sector's recovery

Architects Issue Statement on Camp Tax Reform Proposal

Washington, D.C. - March 5, 2014 - (RealEstateRama) -- The American Institute of Architects (AIA) today issued the following statement in reaction to the tax reform proposal introduced today by Rep. Dave Camp, (R-Michigan). Please attribute to AIA CEO Robert Ivy, FAIA

Foreclosure Activity Decreases as Sales Price Growth Continues to Slow Across Country

SAN DIEGO, - March 5, 2014 - (RealEstateRama) -- DataQuick®, a provider of advanced real estate information solutions powered by data, analytics and decisioning, reports that foreclosures have decreased in 31 of the 42 reporting markets presented in the company’s monthly Property Intelligence Report (PIR) over the last month, quarter and year

New ConsensusDocs CM Agency Contract Clarifies Fees & Costs to Help Avoid Disputes

WASHINGTON, D.C. - March 4, 2014 - (RealEstateRama) -- Today, the ConsensusDocs Coalition is publishing a new Construction Management Agency standard agreement. The ConsensusDocs 831 Agreement Between Owner and Construction Manager (CM Does Not Provide General Conditions) provides an alternative to the recently released ConsensusDocs 830 Agreement, in which the CM provides General Conditions

Groups Oppose Special Interest Effort to Subvert Energy Efficiency Bill

Washington, D.C. - March 4, 2014 - (RealEstateRama) -- The American Institute of Architects (AIA) and nearly 1,000 businesses from across the country today urged Congress to reject special interest efforts to repeal the law setting goals for reducing fossil fuel use in federal buildings by 2030.

Connecticut Man Sentenced in Connection with Tax Free Property Exchange Business

BOSTON - March 4, 2014 - (RealEstateRama) -- A Connecticut man who victimized exchangors in Massachusetts was sentenced yesterday for his role in a mail and wire fraud scheme involving a tax free property exchange business.

Medway Man Convicted of Fraud and Collecting Section 8 Housing Funds

BOSTON - March 4, 2014 - (RealEstateRama) --– A Dominican national living in Medway was convicted yesterday of fraudulently receiving more than $120,000 in federal housing funds.

House Passes Bill to Protect Americans’ Homes from Seizure

WASHINGTON, D.C. - March 4, 2014 - (RealEstateRama) -- The House of Representatives approved H.R. 1944, the Private Property Rights Protection Act, by a vote of 353-65. Congressman Jim Sensenbrenner (R-Wisc.) introduced the Private Property Rights Protection Act to protect Americans from eminent domain abuse and to disincentivize state and local governments from using eminent domain to seize the homes of hardworking Americans only to give the property to other private interests.

SAMHSA Announces Grants for the Benefit of Homeless Individuals – Services in Supportive Housing

WASHINGTON, D.C. - March 4, 2014 - (RealEstateRama) -- The Substance Abuse and Mental Health Services Administration’s (SAMHSA’s) Center for Substance Abuse Treatment (CSAT) is accepting applications for fiscal year (FY) 2014 Grants for the Benefit of Homeless Individuals-Services in Supportive Housing (GBHI-SSH). The purpose of this program is to support the development and/or expansion of local implementation and community infrastructures that integrate treatment and services for substance use, co-occurring substance use and mental disorders, permanent housing, and other critical services for the following: veterans who experience homelessness or chronic homelessness, and other individuals (non-veterans) who experience chronic homelessness.

Press Statement by NLIHC President Sheila Crowley on Chairman Camp’s Tax Reform Proposal

WASHINGTON, D.C. - March 4, 2014 - (RealEstateRama) -- Congressman Dave Camp (R-MI), Chairman of the House Ways and Means Committee, made public his proposal to reform the federal tax code, in which he calls for changes to the mortgage interest deduction. He would lower the cap on the size of mortgage for which interest can be deducted from $1 million to $500,000. Mr. Camp’s willingness to change the mortgage interest deduction indicates that it is no longer the untouchable third rail of tax policy and is ripening for reform

Public Defender’s Office Raises Money for Local Homeless Shelter

Woodland, CA - March 3, 2014 - (RealEstateRama) -- The used clothing drive, sponsored by the Yolo County Public Defender’s Office, has officially come to a close. Everything collected was sold by the pound to California Clothing Recyclers and 100% of the proceeds went directly to Fourth & Hope, Woodland’s only cold weather homeless shelter whose mission is to change lives by providing a continuum of care for hungry and homeless individuals and families.

Existing-Home Sales Drop in January While Prices Continue to Grow

WASHINGTON, D.C. - March 3, 2014 - (RealEstateRama) -- Existing-home sales fell in January to the lowest level in a year-and-a-half, but ongoing inventory shortages continue to lift prices in much of the U.S., according to the National Association of Realtors®.

Commercial Real Estate Outlook Positive but Moderating

WASHINGTON, D.C. - March 3, 2014 - (RealEstateRama) -- Market fundamentals in commercial real estate continue to improve but at a slower pace, according to the National Association of Realtors® quarterly commercial real estate forecast.

NAR Names New General Counsel

WASHINGTON, D.C. - March 3, 2014 - (RealEstateRama) -- After a comprehensive national search, the National Association of Realtors® has selected Katie Raynolds Johnson as the association’s newest Senior Vice President and General Counsel. She assumes her new responsibilities effective today.

SAVE Act a Key Piece of Shaheen-Portman

WASHINGTON, D.C. - February 28, 2014 - (RealEstateRama) -- Industry groups and energy efficiency advocates applaud the inclusion of the Sensible Accounting to Value Energy (SAVE) Act in yesterday’s reintroduction of the Energy Savings and Industrial Competitiveness Act (Shaheen-Portman), S.2074. As the provision will be the largest generator of energy savings among the new additions to Shaheen-Portman, the SAVE Act will help households reap the benefits of investing in energy-efficient homes. The bill’s co-sponsors, Senators Isakson (R-GA) and Bennet (D-CO) have championed the SAVE Act since its introduction in 2011. The coalition would also like to thank additional co-sponsors Boxer (D-CA), Toomey (R-PA), Udall (D-CO), and Begich (D-AK) for their support. The bill’s diverse coalition of supporters includes over 45 organizations, including the U.S. Chamber of Commerce and the Natural Resources Defense Council (NRDC).

NAR Names New General Counsel

WASHINGTON, D.C. - February 28, 2014 - (RealEstateRama) --After a comprehensive national search, the National Association of Realtors® has selected Katie Raynolds Johnson as the association’s newest Senior Vice President and General Counsel. She assumes her new responsibilities effective today.

Existing-Home Sales Drop in January While Prices Continue to Grow

WASHINGTON (February 21, 2014) – Existing-home sales fell in January to the lowest level in a year-and-a-half, but ongoing inventory shortages continue to lift prices in much of the U.S., according to the National Association of Realtors®

Commercial Real Estate Outlook Positive but Moderating

WASHINGTON - February 28, 2014 - (RealEstateRama) -- Market fundamentals in commercial real estate continue to improve but at a slower pace, according to the National Association of Realtors® quarterly

Business Real Estate Press Releases

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Ocusell Partners with Restb.ai to Enhance FMLS Listings with Built-In AI

Ocusell, a leading proptech innovator, today announced a strategic partnership with Restb.ai, the real estate industry’s leader in AI-powered computer vision technology. This

Recent Gov & Nonprofit Real Estate Press Releases

Rep. Judy Chu Hosts Wildfire Housing Roundtable and Press Conference

Rep. Judy Chu (CA-28) hosted a wildfire recovery housing roundtable and press conference to address the housing needs of survivors displaced by January’s devastating Eaton Fire. The roundtable brought together local nonprofits, housing advocates, and government officials from every level to discuss obstacles her constituents are facing in finding stable, affordable housing in their own communities.