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Yearly Archives: 2015

HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN DECEMBER

WASHINGTON, D.C. - January 23, 2015 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today announced the following new residential construction statistics for December 2014

55+ Housing Market One of the Most Robust Segments of the Market in 2014,...

WASHINGTON, D.C. - January 23, 2015 - (RealEstateRama) --The 55+ housing market fared quite well in 2014, and 2015 should be no different, according to industry experts at a press conference held today at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas

Housing Starts End Year on High Note

WASHINGTON, D.C. - January 23, 2015 - (RealEstateRama) -- Led by solid gains in single-family housing production, nationwide housing starts rose 4.4 percent to a seasonally adjusted annual rate of 1.089 million units in December, according to newly released data from the U.S. Commerce Department. For the year, overall housing starts topped 1 million units

AG Frosh Secures Settlement in Mortgage Title Company Kickback Scheme

Baltimore, MD - January 23, 2015 - (RealEstateRama) -- Attorney General Brian E. Frosh today announced a settlement with Wells Fargo Bank and JPMorgan Chase Bank (Chase) to resolve allegations that the financial firms illegally steered customers to a now-defunct Maryland-based title company in exchange for marketing services that increased their customer base

Multifamily Housing Set to Remain Strong in 2015 as Demand from Renters Continues

WASHINGTON, D.C. - January 23, 2015 - (RealEstateRama) -- The multifamily market has had strong demand in recent years and is set to remain that way in 2015 despite certain headwinds that could affect the industry, said panelists during a press conference at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas.

NAHB Associates Committee Honors Dedicated Members

WASHINGTON, D.C. - January 23, 2015 - (RealEstateRama) -- Three longtime members of the National Association of Home Builders (NAHB) were honored this morning for their professionalism, political engagement, volunteer activities and service to the industry.

NAHB Professional Women in Building Names Katherine Higgins as Member of the Year

WASHINGTON, D.C. - January 23, 2015 - (RealEstateRama) -- Katherine Higgins, showroom sales and design consultant of Alabama Brick Delivery Inc. in Birmingham, Ala., has been honored as the Member of the Year for the Professional Women in Building Council of the National Association of Home Builders (NAHB).

Affordable Rents Will Stay in Place at Four Affordable Housing Communities in Rockland, Southbridge,...

BOSTON - January 23, 2015 - (RealEstateRama) -- MassHousing has closed approximately $15 million in loans for four affordable rental housing communities with 1,695 apartments in Rockland, Southbridge, Ware and Worcester

REALTOR® Magazine Seeks Entries for 2015 Volunteering Works Program

WASHINGTON - January 23, 2015 - (RealEstateRama) -- Realtors® not only help people realize their dream of homeownership, they also volunteer countless hours to help improve the communities in which they live and work. For seven years, REALTOR® Magazine’s Good Neighbor Society has helped Realtors® broaden and shape their charitable efforts through the Volunteering Works grant and mentoring program. The program, which matches expert mentors to Realtors® who are looking to expand and improve their community service outreach, is seeking entries through February 27, 2015.

Elderly Residents at Quincy Point Apartments to See Major Property Improvements and the Extension...

BOSTON - January 23, 2015 - (RealEstateRama) -- Senior citizens living in the 640-unit Quincy Point Apartments in Quincy will see significant property improvements and the extension of affordability there for at least 30 years as a result of $66 million in MassHousing financing

Existing-Home Sales Rebound in December, 2014 Total Sales Finish 3 Percent Below 2013

WASHINGTON - January 23, 2015 - (RealEstateRama) -- Despite low inventory conditions, existing-home sales bounced back in December and climbed above an annual pace of 5 million sales for the sixth time in seven months, according to th

More Than 200 REALTORS® Attend Leadership Conference

COLUMBIA, S.C. - January 23, 2015 - (RealEstateRama) -- South Carolina REALTORS® (SCR) held its annual LEAD conference at the Columbia Conference Center January 22, 2015. More than 200 Realtors® from across the state attended the event which featured speakers including: SCR President Fritzi Barbour, renowned real estate trends expert and speaker Sefan Swanepoel, SC Real Estate Commission Chairman David Crigler, South Carolina Speaker of the House Jay Lucas and SCR CEO Nick Kremydas

National Architecture + Planning Firm KTGY Names New Shareholders

IRVINE, CALIF. - January 22, 2015 - (RealEstateRama) -- Award-winning national architecture and planning firm KTGY Group, Inc., has named three new shareholders. They are Alan Scales, AIA, and principal of residential design for the low density studio for the Southern California market; Brittany Choisnet, chief financial officer; and William Ramsey, AIA, LEED AP, and principal of residential design for the low density studio for Nevada

Yakima REALTORS® honor Commission as “Partner of the Year” for homebuyer classes

YAKIMA - January 22, 2015 - (RealEstateRama) -- The Washington State Housing Finance Commission has been recognized by the Yakima Association of REALTORS® as Partner of the Year.

ACLU Comment on Supreme Court Arguments in Fair Housing Act Case

WASHINGTON, D.C. - January 22, 2015 - (RealEstateRama) -- The U.S. Supreme Court is hearing arguments today in a case examining whether housing policies that have a disproportionate discriminatory impact on racial minorities, women, and other groups violate the anti-discrimination provision of the federal Fair Housing Act

High Court to Hear Disparate Impact Case

WASHINGTON, D.C. - January 22, 2015 - (RealEstateRama) -- On Wednesday, January 21, the Supreme Court of the United States will hear Texas Department of Housing and Community Affairs v. The Inclusive Community Projects, Inc. – a case that will ask the Court to decide whether disparate impact claims are recognizable under the Fair Housing Act

Chicago Real Estate Volume Up 14 Percent – Top Producers Volume Up 21 Percent

WASHINGTON, D.C. - January 22, 2015 - (RealEstateRama) -- Chicago Agent magazine released the numbers and ranks the top 20 agents and brokerage offices in Chicagoland’s six counties. Chicagoland’s top five residential real estate offices closed over $4,550,000,000 in 2014, showing an increase of more than 14% over 2013. @properties offices led the brokerages once again with offices in the number one and two positions, both showing significant gains from 2013 while Coldwell Banker Lincoln Park was third with modest gains over last year.

CBRE BROKERS SALE OF LARGE DEVELOPMENT SITE IN MIAMI’S EDGEWATER NEIGHBORHOOD

Miami, FL - January 22, 2015 - (RealEstateRama) -- CBRE arranged the sale of a vacant 7.35-acre development site in the Edgewater neighborhood of downtown Miami. A Florida-based private company acquired the site at the corner of NE 2nd Avenue and 17th Street from BDB Miami LLC for $64 million. This transaction is one of the largest non-waterfront land transactions to be completed in the Edgewater area. The site is zoned for mixed-use with rights to build up to 3 million square feet of residential, retail, hotel and office.

NREL Reports Examine Economic Trade-offs of Owning versus Leasing a Solar Photovoltaic System

WASHINGTON, D.C. - January 22, 2015 - (RealEstateRama) -- Two new reports from the Energy Department's National Renewable Energy Laboratory (NREL) examine the economic options customers face when deciding how to finance commercial or residential solar energy systems. NREL analysts found that businesses that use low-cost financing to purchase a photovoltaic (PV) system and homeowners who use solar-specific loans can save up to 30 percent compared with consumers who lease a PV system through a conventional third-party owner

CT REIA Saturday Seminar: Buying Notes & Real Estate From Bank

WASHINGTON, D.C. - January 21, 2015 - (RealEstateRama) -- Wow an entire day with Sue Nelson exploring step by step how to do her business from start to finish. You would be crazy to miss that opportunity, and you can bet we will be there!

Recent Gov & Nonprofit Real Estate Press Releases

Congresswoman Joyce Beatty

Rep. Beatty Announces Federal Funding to Advance Affordable Housing

This week, Congresswoman Joyce Beatty (OH-03) joined the Federal Home Loan Bank of Cincinnati (FHLB) and Homeport in celebrating the launch of the Rise Up program. The Rise Up