Archives
Lenders Should be Forced to Cut Mortgages, Poll Shows
Destin, FL - May 8, 2012 - (RealEstateRama) -- For the second time in less than a year, respondents to a Housing Predictor poll say that banks and other mortgage lenders should be forced to reduce mortgage principal and cut loan payments for underwater homeowners.
CONSTRUCTION EMPLOYMENT REMAINS NEARLY FLAT IN APRIL BUT RISES 1.1 PERCENT FROM A YEAR...
WASHINGTON, D.C. - May 7, 2012 - (RealEstateRama) -- The construction industry lost 2,000 jobs in April, following similar declines of 3,000 in March and 1,000 in February, but still added 63,000 jobs over the past year as the industry unemployment rate shrank to 14.5 percent—the lowest April level in four years, according to an analysis of new federal employment data released today by the Associated General Contractors of America. Association officials said that lack of long-term federal highway and transit funding, along with other infrastructure budget cuts, threatens to limit construction job growth.
NeighborWorks America Resident Leadership Symposium in New Orleans Draws Government Leaders
New Orleans, LA - May 7, 2012 - (RealEstateRama) -- Resident community leaders from around the U.S. will be here May 9 participating in “From Surviving to Thriving: Communities Recharged by the Power of Resident Leadership.” The all-day interactive symposium with exciting break-out sessions is designed to help community development professionals learn and share proven strategies that build the residents’ ability to effect positive change in their communities. More than 200 leaders registered to attend will hear from dynamic local government officials, including New Orleans Mayor Mitch Landrieu and Salt Lake City, Utah Councilman Kyle LaMalfa. The symposium is held in conjunction with the NeighborWorks Training Institute, May 7-11
Homeowners Choose Synthetic Grass As Best Drought Tolerant Landscaping Says San Diego Expert
SAN DIEGO, CA - May 7, 2012 - (RealEstateRama) -- As the perennial discussion about Southern California's water shortage continues, homeowners in San Diego and surrounding areas are choosing synthetic grass (http://www.sandiegolawns.com) as the most po...
DONOVAN JOINS STATE AND LOCAL LEADERS TO FORMALLY OPEN MARRERO COMMONS ON THE SITE...
NEW ORLEANS - May 7, 2012 - (RealEstateRama) -- In the wake of Hurricane Katrina in 2005, the B.W. Cooper Public Housing Development in New Orleans became uninhabitable. On that very site today, U.S. Housing and Urban Development Secretary Shaun Donovan joined New Orleans Mayor Mitch Landrieu, Senator Mary Landrieu, Congressman Cedric Richmond and Housing Authority of New Orleans (HANO) Administrative Receiver David Gilmore to cut the ribbon in front of one of the 50 new homes that are part of the first phase of construction for the Marrero Commons mixed-income community.
OBAMA ADMINISTRATION RELEASES APRIL HOUSING SCORECARD
WASHINGTON, DC - May 7, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the April edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market.
100 Housing Markets on Improving List in May
WASHINGTON, D.C. - May 7, 2012 - (RealEstateRama) -- The list of housing markets showing measurable and sustained improvement held virtually unchanged in May at 100, down from 101 in April, according to the National Association of Home Builders/First American Improving Markets Index (IMI), released today. The number of states represented on the list also held firm from the previous month, at 35 (including the District of Columbia).
Spring Real Estate Market Increases Investor Interest In Mountain View Property Management Services
MOUNTAIN VIEW, CA - May 7, 2012 - (RealEstateRama) -- As the spring real estate market continues to boost certain types of home sales, investor interest has increased in Mountain View rentals (http://www.firststatewiderealty.com) and other Bay Area cit...
Top real estate agent George Arvanitis joins RE/MAX Premier Properties in Chicago’s Gold Coast
CHICAGO, IL - May 4, 2012 - (RealEstateRama) -- Top real estate sales agent George Arvanitis, who previously worked for Coldwell Banker, @Properites, Sudler Sotheby’s, and most recently Conlon Real Estate Company, has joined RE/MAX Premier Properties, located at 1205 N. Dearborn Pkwy. in Chicago’s Gold Coast neighborhood.
Request for Proposal (RFP) – State-sponsored Housing Portfolio Capital Plan
May 4, 2012 - (RealEstateRama) -- Connecticut Housing Finance Authority (CHFA) is seeking proposals from qualified respondents to develop a plan for capital improvements and redevelopment of State-sponsored Housing throughout the State of Connecticut (...
Helen A. Gurfel Named Executive Director of Urban Land Institute Greenprint Center for Building...
WASHINGTON, DC - May 4, 2012 - (RealEstateRama) -- Helen A. Gurfel, a widely renowned expert in real estate investment and sustainability, has been named executive director of the Urban Land Institute (ULI) Greenprint Center for Building Performance, the institute announced this week.
CONSTRUCTION EMPLOYMENT INCREASES IN 155 OUT OF 337 METRO AREAS BETWEEN MARCH 2011 &...
WASHINGTON, D.C. - May 4, 2012 - (RealEstateRama) -- Construction employment increased in 155 out of 337 metropolitan areas between March 2011 and March 2012, decreased in 134 and stayed level in 48, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that fewer metro areas added construction jobs in March compared to February because of disruptions to typical hiring patterns caused by weather.
NeighborWorks America Brings More Than 2,000 Community Development Professionals to New Orleans to Take...
New Orleans, LA - May 4, 2012 - (RealEstateRama) -- Today NeighborWorks America, the country’s preeminent leader in affordable housing and community development, announced it will hold its quarterly Training Institute in downtown New Orleans May 7-May 11, 2012. The weeklong event will provide training to more than 2,000 affordable housing and community development professionals from around the country. The Training Institute is expected to deliver an estimated $1.6 million in economic impact citywide. In addition, NeighborWorks America is partnering with HOPE Now and the U.S. Department of the Treasury on a homeowner outreach event.
HUD AND OBAMA ADMINISTRATION OFFICIALS HOST GEORGIA WHITE HOUSE FORUM ON HOUSING
WASHINGTON, DC - May 4, 2012 - (RealEstateRama) -- Today, the U.S. Department of Housing and Urban Development (HUD), the U.S. Department of the Treasury, and the U.S. Department of Agriculture (USDA) hosted a White House Forum on Housing to discuss pr...
Tight Lending Standards Hindering Commercial Real Estate Recovery
WASHINGTON, DC - May 4, 2012 - (RealEstateRama) -- Although commercial real estate markets showed signs of recovery in 2011, commercial lending standards have tightened in the past year for small businesses and scuttled a major portion of contracted transactions for smaller properties, according to the National Association of Realtors® annual Commercial Real Estate 2012 Lending Survey.
Experience your dream lakefront vacation home, with an added bonus, at a fraction of...
Asheville, NC - May 3, 2012 - (RealEstateRama) -- Here’s a new and exciting concept in buying a second home; buy a million dollar luxuriously furnished lakefront home on beautiful Deep Creek Lake in Garrett Country, MD for one-eight the price, and ge...
Recession Fears in Europe Leads US Investors To Flight To Quality Says Bay Area...
CUPERTINO, CA - May 3, 2012 - (RealEstateRama) -- News of weakness in the European economy and a U.K. double dip recession has caused U.S. investors to flee to quality in their investment decisions, according to Bay Area property manager
Building Underway Across Street from New Piedmont Newnan Hospital
Peachtree City, GA - May 3, 2012 - (RealEstateRama) -- South-Tree Enterprises and Quantum Commercial Real Estate recently celebrated the groundbreaking of Newnan Professional Center (NPC), a multi-tenant, medical office building located at 2401 Newnan ...
CONSTRUCTION SPENDING INCHES UP IN MARCH COMPARED TO FEBRUARY AS PRIVATE SECTOR SPENDING CONTRIBUTES...
WASHINGTON, D.C. - May 3, 2012 - (RealEstateRama) -- Construction spending inched up in March 2012 to an annualized rate of $808 billion, up 0.1 percent compared to the previous month and is now 6 percent above year ago levels, according to a new analysis of federal data released today by the Associated General Contractors of America. The overall gains mask divergent trends however, as public sector construction activity continues to decline while private sector demand for new construction continues to strengthen.
HUD AWARDS $56 MILLION IN GRANTS TO PROMOTE AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT IN...
WASHINGTON, DC - May 3, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded more than $56 million to 76 tribal communities throughout the nation to improve housing conditions, promote community development and to spur local economies with construction projects and jobs.











