Housing & Development

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

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®.

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.

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...

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...

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 ...

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...

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...

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...

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.

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.

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...

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.

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...

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.

TOPEKA, KS - March 2, 2012 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) is working with several agencies to speed assistance to Harveyville residents displaced by the February 28th tornado that damaged or destroyed approximately 70...

WASHINGTON, D.C. - March 2, 2012 - (RealEstateRama) -- NAHB’s new Beat 2011 program created a lot of excitement for local HBAs. Building on that buzz, some state HBAs are also chipping in to encourage locals to beat their 2011 Builder and Associate m...

WASHINGTON, D.C. - March 2, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) Remodelers commended Sen. James Inhofe (R-Okla.) for introducing the Lead Exposure Reduction Amendments Act of 2012 (S. 2148) to improve the lead paint rule for home owners and remodelers who must comply with the costly work practices and record keeping requirements of the rule. The bill was introduced with five original co-sponsors: Sens. Charles Grassley (R-Iowa), David Vitter (R-La.), Michael Enzi (R-Wyo.), Tom Coburn (R-Okla.) and Roy Blunt (R-Mo.).

WASHINGTON, D.C. - March 2, 2012 - (RealEstateRama) -- Michael LeCorgne, an account executive with 2-10 Home Buyers Warranty, has been honored with the Bill Polley/BUILD-PAC Award by the National Association of Home Builders (NAHB).

WASHINGTON, D.C. - March 2, 2012 - (RealEstateRama) -- NeighborWorks America, one of the largest community development corporations in the U.S. and the leading trainer of housing counselors in the country, today joined with the Department of Housing and Urban Development (HUD) to honor eleven housing counselors selected by the White House as "Champions of Change." The eleven honorees will be recognized as representative of the excellence and commitment of housing counselors across the country.