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The Michaels Organization, LINC Housing Celebrate Grand Opening of Lorena Heights

LOS ANGELES, CA - March 8, 2012 - (RealEstateRama) -- More than 800 people have already submitted applications to live at Lorena Heights Apartments, a new income-eligible housing community in Boyle Heights that had its official grand opening celebratio...

The Michaels Organization, LINC Housing Celebrate Grand Opening of Lorena Heights

LOS ANGELES, CA - March 8, 2012 - (RealEstateRama) -- More than 800 people have already submitted applications to live at Lorena Heights Apartments, a new income-eligible housing community in Boyle Heights that had its official grand opening celebratio...

HUD LAUNCHES “KNOW IT. AVOID IT. REPORT IT.” MORTGAGE SCAM PREVENTION CONSUMER AWARENESS CAMPAIGN...

ATLANTA, GA - March 8, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced the second phase of the Know It. Avoid It. Report It. consumer awareness campaign in Atlanta. The campaign, launched during National Consumer Protection Week, March 4 – 10, is designed to educate consumers on loan modification and foreclosure scams and encourage them to take action.

Fourth Quarter Indices Show Optimistic Outlook for Apartment and Condominium Market

WASHINGTON, D.C. - March 8, 2012 - (RealEstateRama) -- The Multifamily Production Index (MPI), a leading indicator for the multifamily market released by the National Association of Home Builders (NAHB) today, showed steady improvement in the apartment and condominium housing market for a sixth consecutive quarter.

REP. MIKE THOMPSON ANNOUNCES $960,000 INFRASTRUCTURE GRANT FOR PORT OF WEST SACRAMENTO

Washington, DC - March 7, 2012 - (RealEstateRama) -- Congressman Mike Thompson (CA-1) today announced that The Port of West Sacramento has been awarded a grant of more than $960,000 from the Federal Railroad Administration (FRA) for construction of a r...

FHA ANNOUNCES PRICE CUTS TO ENCOURAGE STREAMLINE REFINANCING

WASHINGTON, DC - March 7, 2012 - (RealEstateRama) -- Today, Acting Federal Housing (FHA) Commissioner Carol Galante announced significant price cuts to FHA’s Streamline Refinance Program that could benefit millions of borrowers whose mortgages are currently insured by FHA. Beginning June 11, 2012, FHA will lower its Upfront Mortgage Insurance Premium (UFMIP) to just .01 percent and reduce its annual premium to .55 percent for certain FHA borrowers

Housing Affordability Index Hits Record High

Washington, DC - March 7, 2012 - (RealEstateRama) -- Housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of Realtors®.

More Homeowners Will Walk from Mortgages

Destin, FL - March 7, 2012 - (RealEstateRama) -- Five years into the housing downturn, a larger number of homeowners with mortgages say they will walk away from their homes if their property values continue to drop, according to a new Housing Predictor opinion poll.

Notice of Public Comment Period for 2012 Draft Qualified Allocation Plan (QAP) and Low-Income...

March 6, 2012 - (RealEstateRama) -- At its February 23, 2012 meeting, the Connecticut Housing Finance Authority Board of Directors approved the draft 2012 Qualified Allocation Plan (QAP) and Low-Income Housing Tax Credit (LIHTC) Procedures and then pro...

2012 Housing Tax Credit Contribution (HTCC) Program Overview Session

March 6, 2012 - (RealEstateRama) -- The Connecticut Housing Finance Authority is pleased to announce Application Overview Sessions on the Housing Tax Credit Contribution (HTCC) Program for 2012 on Monday, April 2, 2012 and Tuesday, April 3, 2012 beginn...

HUD DISCRIMINATION CHARGE AGAINST PENNSYLVANIA LANDLORD RESULTS IN $15,000 SETTLEMENT

WASHINGTON, DC - March 6, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that the owner of Breckenridge Plaza Apartment complex in Phoenixville, PA, has agreed to pay $15,000 as part of a consent decree ...

Large NYC Apartments More Popular Than Ever

New York, NY - March 6, 2012 - (RealEstateRama) -- Whereas real estate condo developers in the past focused on apartments for singles and couples, they are lately rethinking their strategies and changing layouts to create three-, four- and even five-be...

ARIEL PROPERTY ADVISORS RETAINED TO SELL QUEENS DEVELOPMENT SITE

NEW YORK, NY - March 6, 2012 - (RealEstateRama) -- Ariel Property Advisors has been retained to sell a vacant, six-parcel development site at 148-46 Hillside Avenue near the vibrant downtown Jamaica regional business district in Queens. The asking pric...

HARLEM DEVELOPMENT 88 MORNINGSIDE REACHES 90% SOLD

New York, NY - March 6, 2012 - (RealEstateRama) -- Halstead Property Development Marketing today announced that 90% of the units are sold at 88 Morningside, a premier residential development in Harlem. Located on the corner of Morningside Avenue and We...

FACT SHEET: President Obama Announces New Steps to Provide Housing Relief to Veterans and...

WASHINGTON, D.C. - March 6, 2012 - (RealEstateRama) -- In his State of the Union address, President Obama laid out a Blueprint for an America Built to Last, calling for action to help responsible borrowers and support a housing market recovery. While the government cannot fix the housing market on its own, the President believes that responsible homeowners should not have to sit and wait for the market to hit bottom to get relief when there are measures at hand that can make a meaningful difference.

HUD KICKS OFF SERIES OF CONSULTATIONS WITH NATIVE AMERICAN LEADERS

WASHINGTON, DC - March 6, 2012 - (RealEstateRama) -- Today, the U.S. Department of Housing and Urban Development (HUD) kicked off a series of consultations with tribal leaders in preparation for HUD's forthcoming study on the chronic housing needs in Indian Country, "Assessment of Native American, Alaska Native, and Native Hawaiian Housing Needs." During these consultations, tribal leaders will have an opportunity to comment on the scope and design of the pending study. HUD will hold six regional meetings and two national meetings, the first of which in Washington, DC.

Lori Ballen, CEO of The Ballen Group, launches a new Short Sale Tool for...

Las Vegas, NV - March 5, 2012 - (RealEstateRama) -- Lori Ballen, CEO of Ballen Group International, with its home base in Las Vegas, has announced an innovative new online tool to help homeowners with difficult decisions regarding selling their home in...

OBAMA ADMINISTRATION RELEASES FEBRUARY HOUSING SCORECARD

WASHINGTON, DC - March 5, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the February edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. Data continues to show signs that the housing market is strengthening, although the recovery remains fragile. The supply of new and existing homes on the market continued to decline last month. However, home prices dipped again as seasonal lows continued for the fourth month in a row.

The Ballen Group, Las Vegas Real Estate Team, Hires Alma Moreno for The Spanish...

Las Vegas, NV - March 2, 2012 - (RealEstateRama) -- The Ballen Group, a top team of Las Vegas Short Sale Specialists under the brokerage Keller Williams Realty Las Vegas who recently received multiple awards for their real estate production on short sa...

Home Builders Announce Housing Finance System Reform Plan

WASHINGTON, D.C. - March 2, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today announced a new comprehensive framework for housing finance system reform that would transition Fannie Mae and Freddie Mac to a new mortgage securitization system for single-family and multifamily conventional mortgages.

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

NAR

Pending Home Sales Ascended 3.4% in March

Pending home sales in March climbed 3.4%, according to the National Association of REALTORS®. The Northeast, South and West posted monthly gains in transactions while the Midwest recorded a loss. Year-over-year, the Northeast and South