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Housing & Development

Housing & Development

Diverse Group Calls on CFPB to Create Broad QM Market

WASHINGTON, D.C. - April 17, 2012 - (RealEstateRama) -- A diverse group of 33 lenders, housing professionals, consumer advocates and civil rights organizations came together today to call on the CFPB to issue broadly defined and clear Qualified Mortgage (QM) standards as part of the forthcoming Ability to Repay regulation.

CITY OF HUMBOLDT CELEBRATES GRAND OPENING OF NEW SENIOR HOUSING

HUMBOLDT - April 17, 2012 - (RealEstateRama) -- Officials from Kansas Housing Resources Corporation (KHRC), the City of Humboldt and Excel Development Group are celebrating the grand opening of Humboldt Senior Housing in Humboldt. The newly constructed...

Home Prices Surge, Signaling Strong Selling Season

Denver, CO - April 17, 2012 - (RealEstateRama) -- For the second month in a row, home prices have risen higher than a year ago. Median prices in March were an impressive 5.8% higher than March 2011 in the 53 metro areas surveyed for the RE/MAX National Housing Report. February marked the first time in 18 months that home prices rose higher than the previous year, and year-to-year price increases haven’t occurred in two consecutive months since August 2010.

22 Percent Increase in March Home Sales and Firmer Prices Suggest Rebound Continues...

CHICAGO, IL - April 17, 2012 - (RealEstateRama) -- A RE/MAX analysis of March home sales activity in the metropolitan Chicago real estate market indicates that the marked increase in home sales activity seen in recent months is beginning to have a positive impact on home prices. According to RE/MAX, combined sales of detached and attached homes in the seven-county metro area totaled 6,501 units and were 22 percent higher in March than in the same month last year and were up 37 percent over the February total.

HIGHPOINTE AT WOODBURY JUNCTION WELCOMES FIRST HOMEOWNERS

MONROE-WOODBURY, N.Y. - April 13, 2012 - (RealEstateRama) -- HighPointe at Woodbury Junction, the collection of 25 upscale single-family homes rising in this Orange County neighborhood, is bustling with activity.

FBC Mortgage, LLC announces its new business alliance with Gateway Bank

Orlando, FL - April 13, 2012 - (RealEstateRama) -- Gateway Bank of Southwest Florida, headquartered in Sarasota, Florida, has formed a strategic alliance with FBC Mortgage, LLC for residential mortgage lending. Their combined new unit will operate unde...

MCDANIEL, HUD SECRETARY DISCUSS MORTGAGE SETTLEMENT BENEFITS

LITTLE ROCK - April 12, 2012 - (RealEstateRama) -- Attorney General Dustin McDaniel highlighted the benefits of the national mortgage settlement during a roundtable discussion with U.S. Housing and Urban Development Secretary Shaun Donovan and Tennesse...

CONSTRUCTION MATERIALS PRICES SPIKE IN MARCH EVEN AS THE PRICES CONTRACTORS CHARGE TO COMPLETE...

WASHINGTON, D.C. - April 12, 2012 - (RealEstateRama) -- The cost of construction materials jumped in March, even as the amount contractors charge to complete projects remained stagnant, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Association officials noted that the spike in materials prices continues despite relatively weak overall demand for construction, and cautioned that current market conditions could force some firms out of business.

FEMA Specialists to Offer Rebuilding Advice at Local Home Improvement Stores

CHATTANOOGA, TN - April 12, 2012 - (RealEstateRama) --Mitigation specialists from the Federal Emergency Management Agency will be in Chattanooga, Cleveland and Hixson to provide free rebuilding information Sunday, April 15, through Thursday, April 19.

Mortgage Interest Deduction Softens Blow as “Tax Day” Approaches

WASHINGTON, D.C. - April 12, 2012 - (RealEstateRama) -- With the April 17 tax-filing deadline right around the corner, the most important tax deduction for tens of millions of middle-class families could be on the chopping block as early as next year’s tax season if some policymakers get their way

OHFA Awards More Than $29 Million in Housing Tax Credits for Affordable Housing Communities...

COLUMBUS, OH - April 11, 2012 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) today announced the recipients of the 2012 Housing Tax Credit (HTC) program, used to fund the construction, acquisition and rehabilitation of affordable housing ...

HUD AWARDS $2.4 MILLION IN GRANTS TO PROTECT CHILDREN IN LAWRENCE COUNTY, PA FROM...

PITTSBURGH - April 11, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today awarded $2,480,000 million in grants to 198 housing units in Lawrence County to conduct a wide range of activities intended to protect ch...

Fund Offers Incredibly Low Interest Rate on 30-Year Fixed Mortgage

April 11, 2012 - (RealEstateRama) -- There has never been a better time to purchase a home in West Virginia. The West Virginia Housing Development Fund is providing qualifying families a 30-year fixed rate loan at 3.25%. Down payment and closing cost assistance loans are also available for those who qualify.

San Antonio Neighborhood Profiles

San Antonio, TX - April 11, 2012 - (RealEstateRama) -- The new www.RealEstateMuse.com website is updating their site with interesting and historical San Antonio Real Estate information along with details about the HUNDREDS of Neighborhoods in San Anton...

RE/MAX Hot Air Balloon to Visit Charles Gates Dawes Elementary School in Chicago on...

CHICAGO, IL - April 10, 2012 - (RealEstateRama) -- The RE/MAX Hot Air Balloon will pay a visit at Charles Gates Dawes Elementary School, 3810 W. 81st Pl., in the Ashburn neighborhood of Chicago, on April 17 when the balloon crew will present an interactive educational program developed and sponsored by the RE/MAX metro Chicago real estate network.

RE/MAX Hot Air Balloon to Visit Andrew Cooke Magnet Elementary on April 18

CHICAGO, IL - April 10, 2012 - (RealEstateRama) -- The RE/MAX Hot Air Balloon will visit Andrew Cooke Magnet Elementary School, 522 Belvidere Road, Waukegan, Ill., on April 18 when the balloon crew will present an interactive educational program developed and sponsored by the RE/MAX Northern Illinois real estate network.

Home Prices Rising in Hardest Hit Cities

Destin, FL - April 10, 2012 - (RealEstateRama) -- Driven by near record low mortgage rates and lower prices, home values are finally rising in the hardest hit cities in the U.S. housing mess, according to a new Housing Predictor report.

CONSTRUCTION EMPLOYMENT INCREASES IN 171 OUT OF 337 METRO AREAS BETWEEN FEBRUARY 2011 &...

WASHINGTON, D.C. - April 10, 2012 - (RealEstateRama) -- Construction employment increased in 171 out of 337 metropolitan areas between February 2011 and February 2012, decreased in 119 and stayed level in 47, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said employment was growing in many metro areas thanks in large part to increasing private sector demand for construction

OBAMA ADMINISTRATION RELEASES MARCH HOUSING SCORECARD

WASHINGTON, DC - April 9, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the March edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market. Data in the March Housing Scorecard show some promising signs of stability, though the overall outlook remains mixed. Mortgage delinquencies continued a downward trend and were substantially below year ago levels, while sales of existing homes in January and February marked the strongest start to a year since 2007.

Gov. Beshear, Congressman Rogers Announce $100,000 to Develop Plans for Rebuilding City of West...

FRANKFORT, KY – April 6, 2012 – (RealEstateRama) — Governor Steve Beshear and Congressman Hal Rogers today announced $100,000 in Appalachian Regional Commission (ARC) funds have been approved to help begin the process of rebuilding th...

Recent NAHB Press Releases

NAHB

New Nationwide Codes Mandate a Major Blow to Housing Affordability

Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kan., today issued the following statement after the Biden administration

Random NAHB in News

USA TODAY

Rising mortgage rates, home prices are becoming a toxic cocktail in...

Millenials are entering the housing market at a tumultuous time - many want to buy, but few can seem to afford it. Follow along with the Gliddens, a Washington, DC couple looking to set down
Forbes

I Want A Better House