Yearly Archives: 2018
CONSTRUCTION SPENDING RISES FOR FIFTH MONTH IN A ROW IN DECEMBER; PRIVATE INVESTMENT CLIMBS...
Construction spending increased for a fifth consecutive month in December as private residential and nonresidential investment for the year topped 2016 totals, while declining infrastructure spending dragged down public-sector outlays, according to an analysis of new government data by the Associated General Contractors of America.
Alleged Perpetrator of Ski Slope Investment Scheme Agrees to Pay Back Investor Money, Surrender...
The Securities and Exchange Commission today announced that the Miami-based businessman behind an alleged scheme involving investments in a Vermont-based ski resort has agreed to pay back more than $81 million of investor money that he used illegally.
MBA Statement on S. 2361, The Housing Opportunity Mortgage Expansion (HOME) Act
David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), released the following statement, and sent a letter of support, commending the introduction of S. 2361, the Housing Opportunity Mortgage Expansion (HOME) Act, which amends the Federal Home Loan Bank Act to restore membership for those captive insurance subsidiaries that were removed from the Federal
Energy Efficiency Leaders To Gather For EE Global Forum In Copenhagen
The Alliance to Save Energy will convene the 11th annual Energy Efficiency Global Forum (EE Global) – the premier international energy efficiency conference – in Copenhagen May 21-22, 2018, the organization announced Friday.
The National Fair Housing Alliance Condemns the Trump Administration’s Decision to Strip Fair Lending...
Shanna L. Smith, President and CEO of the National Fair Housing Alliance, issued the following statement concerning the Trump Administration’s decision to remove enforcement powers from the CFPB’s Office of Fair Lending.
Senate Housing Finance Proposal Threatens Access, Affordability, and Market Stability
This week, a leaked version of a housing finance proposal from U.S. Senators Bob Corker (TN) and Mark Warner (VA) emerged that would severely harm America’s housing market. Today, several civil rights and affordable housing groups issued a statement on the proposal’s negative impact on access, affordability, and market stability.
Alliance Responds To Administration’s Potential Cuts To Energy Efficiency Programs
The Alliance to Save Energy released the following statement from President Kateri Callahan in response to media reports that the Trump administration has drafted budget documents that would propose cutting the Department of Energy’s Office of Energy Efficiency and Renewable Energy by 72 percent for FY 2019
Realtors Property Resource® Suspends AMP Program, Announces Multiyear Funding Cuts
The Realtors Property Resource®, a wholly owned subsidiary of the National Association of Realtors®, has suspended its Advanced Multi-List Platform, or AMP, project to reduce costs by several million dollars in 2018 and allow greater focus on its core initiatives. RPR will begin winding down AMP operations immediately.
MBA Comment on Appeals Court Ruling in PHH v CFPB
David Motley, CMB, Chairman of the Mortgage Bankers Association, issued the following statement in response to the DC Circuit Court Of Appeals ruling in the case of PHH Corporation et al v. Consumer Financial Protection Bureau
Cap Rates Rise For Big Box Retail
The long-term slide of cap rates for single tenant net lease properties began to reverse within the past year or so, and that’s especially true of the big box sector. Cap rates for these properties
A 7-Step Guide To Buying A Home
Buying a home, whether you are a first-time home buyer or buying a second home, is both an exciting and intimidating process. These feelings are perfectly normal because buying a home can be one of the biggest purchase decision of your life.
The Boulder Group Arranges Sale of Triple Net Lease Dollar General in South Dakota
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Dollar General property located at 23300 435th Avenue in Howard, South Dakota for $1,130,000.
CONSTRUCTION EMPLOYERS ADD 36,000 JOBS IN JANUARY AND 226,000 OVER THE YEAR; HOURLY EARNINGS...
Industry Employment is Most Since August 2008 As Unemployment Rate Falls Sharply; Association Officials Say New Infrastructure Measure Will Help Industry Continue to Expand and Attract New Workers
When Should Newly Weds Buy Their First Home?
When you’ve just been married or you’re planning to get married, it’s natural to think about buying a home. After all, real estate is a good investment. With a home you can build your wealth more securely for the future.
55+ Housing Market Ends Fourth Quarter on Record High
Builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 points from the previous quarter, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released today. This is the highest reading since the inception of the index in 2008
Smart Ways of Getting a Great Price for a Luxury Residence
When you think about your dream home, it’s very rare to think about a modest house with a small yard. Since you’re just dreaming anyway, you often think about luxury residences in Montreal and in other large cities where there are plenty of convenient services and amenities. But don’t just regard these homes as mere fantasies. Perhaps there’s a way to own one at a more reasonable price. Just because they’re luxury homes, it doesn’t always mean that they’re out of your reach.
Hanley Investment Group Completes Sale of Single-Tenant BB&T Bank for $6.4 Million in Bonita...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a single-tenant BB&T Bank located near Naples, Florida, in the city of Bonita Springs. The purchase price was $6.4 million for a 3,272-square-foot building, representing $1,956 per square foot, ranking the transaction in the all-time top one-percent for a single-tenant bank sale nationwide, according to CoStar.
How to Set Up Your Own Home Library
Quite a few people prefer having a whole room in their home as a library. Although for some, the very idea of a book collection may seem quaint, as thousands of ebooks can be stored in the memory of a mobile device. It’s a great place to have some peace and quiet, and it can function as a home office and as a study hall for the children.
2-Year Delay of WOTUS Rule a Much-Needed Step, NAHB Says
The National Association of Home Builders (NAHB) applauds today’s announcement by the Environmental Protection Agency mandating a two-year delay of the Obama-era “waters of the United States” (WOTUS) Rule. “This delay gives the agency more time to work with the U.S. Army Corps of Engineers and replace the rule with new definitions that provide needed clarity and narrow federal authority,”
2016 Data Book Shows Continued Growth of Renewable Electricity
The 2016 Renewable Energy Data BookPDF shows that U.S. renewable electricity grew to 18.3 percent of total installed capacity and 15.6 percent of total electricity generation in 2016. Published annually by the National Renewable Energy Laboratory (NREL) on behalf of the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy
