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VA Awards Nearly $350,000 to Alabama Veterans Home

WASHINGTON, DC - February 27, 2012 - (RealEstateRama) -- To ensure the Alabama Veterans home in Alexander City remains a comfortable and safe residence for Veterans, the Department of Veterans Affairs is awarding nearly $350,000 for improvements to the...

HUD CHARGES BANK OF AMERICA WITH DISCRIMINATING AGAINST HOMEBUYERS WITH DISABILITIES

WASHINGTON, DC - February 27, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging Bank of America with discriminating against homebuyers with disabilities. HUD alleges that Bank of America imposed unnecessary and burdensome requirements on borrowers who relied on disability income to qualify for their home loans and required some disabled borrowers to provide physician statements to qualify for home mortgage loans.

New-Home Sales Virtually Flat in January

WASHINGTON, D.C. - February 27, 2012 - (RealEstateRama) -- Sales of newly-built, single-family homes declined by less than one percent in January from an upwardly revised number in the previous month to hit a seasonally adjusted annual pace of 321,000 units, according to data jointly released by HUD and the U.S. Commerce Department today

New-Home Sales Virtually Flat in January

WASHINGTON, D.C. - February 24, 2012 - (RealEstateRama) -- Sales of newly-built, single-family homes declined by less than one percent in January from an upwardly revised number in the previous month to hit a seasonally adjusted annual pace of 321,000 units, according to data jointly released by HUD and the U.S. Commerce Department today.

Las Vegas Short Sale Specialist Team closes a Bank of America Short Sale in...

Las Vegas, NV - February 24, 2012 - (RealEstateRama) -- The Ballen Group, a top team of Las Vegas Short Sale Specialists under the brokerage Keller Williams Realty Las Vegas has put together a comprehensive Las Vegas Short sale system for sellers. Home...

Housing Landscape 2012: Nearly a quarter of working households spend more than half of...

WASHINGTON, DC - February 24, 2012 - (RealEstateRama) -- A new study by the Center for Housing Policy confirms that falling home prices have not solved the housing affordability problems of the nation’s working households. In fact, the Center’s Housing Landscape 2012 report found that the share of working households paying more than half their income for housing rose significantly between 2008 and 2010 for both renters and owners

Architecture Billings Index Remains Positive for Third Straight Month

Washington, D.C. - February 23, 2012 - (RealEstateRama) -- On the heels of consecutive months of strengthening business conditions, the Architecture Billings Index (ABI) has now reached positive territory three months in a row. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the January ABI score was 50.9, following a mark of 51.0* in December. This score reflects a slight increase in demand for design services (any score above 50 indicates an increase in billings)

American Institute of Architects and the National Institute of Building Sciences Sign Agreement to...

Washington, D.C. - February 23, 2012 - (RealEstateRama) -- Robert Ivy, FAIA, EVP/Chief Executive Officer of The American Institute of Architects (AIA) and Henry Green, Hon. AIA, President of the National Institute of Building Sciences (NIBS) are pleased to announce the recent signing of a Memorandum of Understanding underscoring the two organizations’ mutual interest in the design, construction, operations and maintenance of high-performance buildings and the desire to collaborate on issues surrounding these topics

California Housing Starts Dip Across the Board in January, CBIA Announces

SACRAMENTO, CA - February 23, 2012 - (RealEstateRama) -- The state’s homebuilders pulled permits for fewer new single-family and multifamily homes in January when compared to the previous month and when compared to January 2011, the California Buildi...

NAHB Chair to Speak on DGA Jobs Panel

WASHINGTON, D.C. - February 23, 2012 - (RealEstateRama) -- On Friday, Feb. 24, the National Association of Home Builders (NAHB) will participate in a panel discussion hosted by Democratic Governors Association on job creation, innovation and economic growth. The event comprises a series of panel sessions between governors and leaders from the business and labor communities to address policy issues. Panel session details include

CampusMBA Launches Specialized Courses on Emerging Servicing Standards for Industry Professionals

WASHINGTON, D.C. - February 23, 2012 - (RealEstateRama) -- CampusMBA, the award winning education division of the Mortgage Bankers Association (MBA), today announced that it has developed two comprehensive, instructor-led online courses to provide training for industry professionals in order to comply with emerging servicing standards. CampusMBA's creation of the specialized courses comes as the residential mortgage servicing sector has been operating in a time of unprecedented challenges.

Experts to discuss what Administration’s 2013 budget means for critical housing programs

WASHINGTON, D.C. - February 23, 2012 - (RealEstateRama) -- The National Housing Conference, known as the United Voice for Housing, will hold its Annual Budget Forum at the Capitol Visitor Center Feb. 24, from 10:00 a.m. to noon. The Budget Forum will feature national housing experts in a discussion of the President’s FY 2013 budget proposals and what they mean for critical housing programs

Mayor Vincent C. Gray Focusing Resources on Affordable Housing

WASHINGTON, DC - February 23, 2012 - (RealEstateRama) -- Mayor Vincent C. Gray today announced the re- formation and leadership of a task force that will help him shape a comprehensive housing strategy for the District of Columbia.

Statement from NAHB Chairman Barry Rutenberg on FHFA’s GSE Reform Plan

WASHINGTON, D.C. - February 23, 2012 - (RealEstateRama) -- Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., today issued the following statement regarding the Federal Housing Finance Agency’s proposal to revamp housing government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac

HUD AND THE NATIONAL FAIR HOUSING ALLIANCE LAUNCH MEDIA CAMPAIGN TO FIGHT HOUSING DISCRIMINATION

WASHINGTON, DC - February 22, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the National Fair Housing Alliance(NFHA) announced today the launch of a new series of radio and print public service advertisements (PSAs). The advertisements are designed to teach individuals and families how to recognize and report discrimination in housing because of race, color, sex, religion, national origin, familial status and disability, including discrimination in mortgage lending because of issues related to pregnancy and/or parental leave.

NMHC/NAA Commend Regulators For Advocating a Separate Multifamily Solution In Housing Finance Reform

WASHINGTON, D.C. - February 22, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) released a strategic plan for the future of the Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac today. The following is a statement from the National Multi Housing Council (NMHC) and National Apartment Association (NAA) by Cindy Chetti, NMHC Senior Vice President of Government Affairs:

Mayor Vincent C. Gray Focusing Resources on Affordable Housing

WASHINGTON, D.C. - February 22, 2012 - (RealEstateRama) -- WHAT/WHO: Mayor Vincent C. Gray, Congresswoman Eleanor Holmes Norton, Council Chair Kwame R. Brown, Ward 7 Councilmember Yvette Alexander and other government officials will break ground on The Nannie Helen at 4800, a mixed-use development featuring 71 affordable-housing units on Nannie Helen Burroughs Avenue NE.

Survey Shows Majority Want to Buy Homes

Destin, FL - February 22, 2012 - (RealEstateRama) -- A large majority of respondents to a new Housing Predictor survey said they want to buy their first home or purchase another home, indicating that pent-up demand is growing in the U.S. housing market, despite the decline in home values throughout the majority of the country.

Branstad, Reynolds encourage those affected by Missouri River flood to seek Iowa rental housing...

DES MOINES, MO - February 21, 2012 - (RealEstateRama) -- Gov. Terry Branstad and Lt. Gov. Kim Reynolds today remind those affected by the Missouri River Flooding that affordable Iowa rental housing is available to them. In December the Internal Revenue...

HUD ANNOUNCES $108 MILLION IN INDIAN HOUSING BLOCK GRANTS

WASHINGTON, DC - February 21, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced $108 million in additional Indian Housing Block Grant (IHBG) allocations to 68 tribes in 19 states. Thesefunds are distributed each year based on a formula to eligible Indian tribes or their tribally designated housing entities for a range of affordable housing activities.

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