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Housing & Development

Housing & Development

OXFORD INTERNATIONAL RELOCATES

Palm Beach Gardens, FL - August 2, 2011 - (RealEstateRama) -- Oxford Global Resources is relocating to Corporate Center at The Gardens, taking 18,500 square feet in the beginning of October of this year. For Oxford, the move allows the IT/Telecom staffing firm to reflect their talent-focused culture, with inviting lounge areas, activity rooms and a fitness center—all intended to stimulate interactivity and community for the employees of Oxford.

ISP Warns Hoosiers of Housing Scam

Indianapolis, IN - August 2, 2011 - (RealEstateRama) -- The Indiana State Police are warning citizens of a scam that is originating from Craig's List, bilking hundreds of dollars from unsuspecting victims

Rep Honda Introduces “Smart Electronics” Bill & “NANO” Bill

WASHINGTON DC - August 2, 2011 - (RealEstateRama) -- Today, Rep Michael Honda (CA-15), representative of Silicon Valley and member of the House Sustainable Energy and Environment Coalition, is reintroducing the Smart Electronics Act, to address the greenhouse gas impacts and energy costs of proliferation of electronic devices throughout the world, and the Nanotechnology Advancement and New Opportunities (NANO) Act.

Statement from NAHB Chairman Bob Nielsen on Debt Ceiling Agreement

WASHINGTON, D.C. - August 2, 2011 - (RealEstateRama) -- Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev., issued the following statement regarding the proposed debt ceiling agreement announced by President Obama and congressional leaders:

Wildfire Awareness: Protect Your Home

DENTON, TX- August 1, 2011 - (RealEstateRama) -- Fire protection for your house and safety for your family can be increased if you follow some key guidelines before dry weather and high winds bring the threat of wildfires to your area.

CUSHMAN & WAKEFIELD STRIKE LEED® GOLD AT 2001 K STREET IN WASHINGTON, DC

WASHINGTON, DC - August 1, 2011 - (RealEstateRama) -- Spitzer Enterprises along with managing agent, Cushman & Wakefield, Inc., a global commercial real estate brokerage and management firm, aligned with CQI Associates, LLC, a Columbia, Maryland-based energy and environmental management consulting firm, to earn LEED Gold, established by the U.S. Green Building Council (USGBC) for 2001 K Street, NW in Washington, DC. The management team and tenants celebrated with a special certification presentation by the USGBC on Thursday, July 21.

Resurgent Hiring in Industrial Trades a Bright Spot, Though Elevated Vacancy Weighs on Rents,...

Improvements in blue-collar industries account for a significant share of Phoenix economic growth in 2011, despite choppy early year hiring. Total metro employment grew by 0.9%, or 14,900 positions. Manual-trade payrolls, in contrast, expanded by a healthy-1.1% year to date with the addition of 3,800 workers. The Valley’s manufacturing sector notched the most hires, adding 2,500 employees and offsetting the combined loss of 700 construction and transportation and utilities personnel through the second quarter. Moreover, major expansions by companies such as Federal Express, First Solar and Easy Energy Systems Inc. will boost the economy and leasing in the near term. Through the extended outlook, sales tax legislation may push more companies like Amazon to relocate from California to Arizona, further supporting industrial space demand. Although international and domestic concerns could dampen growth in the second half, the economic recovery is expected to gain momentum. Metr owide staffing levels will increase by a projected 39,000 positions, or 2.3%, in 2011, while blue-collar industries will add 12,500 workers, a 3.7% increase. National payrolls will rise by 1.65 million positions, or 1.3%

KTGY-designed 332-Bed Student Housing Development Under Construction at the University of Wyoming

IRVINE, CA - August 1, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, is pleased to announce the construction of a new 332-bed student housing community at the University of Wyoming (UW) in Laramie. Under construc...

Total Mortgage Services Launches USDA Home Loans Program

MILFORD, CT - August 1, 2011 - (RealEstateRama) -- Total Mortgage Services, LLC, a leading mortgage lender, announced today it is expanding its product lineup by offering the Guaranteed Rural Housing Loan Program insured by the U.S. Department of Agriculture (USDA) through its Rural Development program. A USDA home loan is guaranteed by The Guaranteed Rural Housing Loan Program and is offered through the Rural Housing Service, an agency of the U.S. Department of Agriculture and provides low and moderate?income rural residents to access to more affordable housing finance options

Second Public Comment Period Now Open for Update to USGBC’s LEED Green Building Program

Washington, DC - August 1, 2011 - (RealEstateRama) -- Today, the U.S. Green Building Council (USGBC) opened the second public comment period for the proposed 2012 update to its LEED green building rating system. The comment period, which will close on September 14, 2011, is the next step in the continuous improvement process and on-going development of the LEED program.

Best Housing Markets Change

Destin, FL - August 1, 2011 - (RealEstateRama) -- A shake up has developed in the best real estate markets forecast for the year by Housing Predictor as cities that appeared to be developing stronger markets decline, and others move into full-fledged housing recoveries. Many cities in the U.S. are sustaining the blow of a generation in terms of home prices, but there are markets that are strengthening.

FHA’S MORTGAGEE REVIEW BOARD TAKES ACTION AGAINST 240 LENDERS

WASHINGTON, DC - August 1, 2011 - (RealEstateRama) -- The Federal Housing Administration’s Mortgagee Review Board (MRB) today announced hundreds of administrative actions against FHA-approved lenders who failed to meet its requirements. MRB sanctions against lenders include reprimands, probations, suspensions, withdrawals of approval, and civil money penalties. Read the full text of MRB’s Federal Register Notice

Second Quarter Numbers Show Federal Home Loan Banks Supporting Economy

Washington, DC - July 29, 2011 - (RealEstateRama) -- Figures released today demonstrate the Federal Home Loan Banks continue to support housing, jobs and economic growth by channeling capital from global markets to consumers and communities, according to the trade group representing the 12 regional cooperatives.

LISC names MA state housing leader as Executive VP of Programs

NEW YORK, NY - July 29, 2011 - (RealEstateRama) -- The Local Initiatives Support Corporation (LISC) has named Tina Brooks, undersecretary for housing and community development for the Commonwealth of Massachusetts, as its new executive vice president for programs.

Up to $50,000 Available to Help Pay Your Mortgage

BOISE, ID - July 29, 2011 - (RealEstateRama) -- Do you need help with your mortgage payments? Emergency Homeowners’ Loan Program (EHLP) funds are available through the Idaho Housing and Finance Association (IHFA) to assist qualified unemployed or ...

HUD SECRETARY ANNOUNCES AVAILABILITY OF $95 MILLION FROM SUSTAINABLE COMMUNITIES GRANT PROGRAMS

WASHINGTON, DC - July 29, 2011 - (RealEstateRama) -- Today, U.S. Housing and Urban Development Secretary Shaun Donovan announced the availability of $95 million to support sustainable local initiatives through the FY 2011 Regional Planning and Community Challenge Planning Grant Programs from HUD’s Office of Sustainable Housing and Communities. Awarded competitively, both programs work to expand housing choices, improve connections between employment centers and homes, and reduce barriers to achieving affordable, economically vital, and sustainable communities.

Federal Proposal Could Raise Refinance Costs for Nearly 25 Million Homeowners

WASHINGTON, D.C. - July 29, 2011 - (RealEstateRama) -- Nearly 25 million homeowners across the country would face more expensive mortgages if a proposal by federal regulators goes unchanged. A proposal released by six federal agencies to implement credit risk retention provisions included in the Dodd–Frank Wall Street Reform and Consumer Protection Act would require homeowners to have at least 25 percent equity in their homes in order to qualify for a lower-rate "Qualified Residential Mortgage" (QRM) for refinancing. An analysis of the CoreLogic data shows 24.8 million U.S. homeowners – more than half of all U.S. homeowners with a mortgage - have less than 25 percent equity in their homes.Homeowners looking to refinance but fail to qualify for a QRM will be subject to additional costs associated with lenders' risk retention requirements included in the Dodd-Frank bill. According to the National Association of REALTORS®, consumers in a non-QRM loan could pay between 0.80 and 1.85 percentage points more in interest rate, simply because they could not meet the down payment or equity requirements.

Kerry, Brown, McGovern, Capuano: $2 Million for Housing Help for Veterans in Worcester and...

BOSTON, MA - July 28, 2011 - (RealEstateRama) -- Senators John Kerry and Scott Brown, along with Congressmen Jim McGovern and Michael Capuano, today announced that two organizations that help homeless veterans in Massachusetts will receive two million dollars from the U.S. Department of Veterans Affairs to improve housing and expand support services for those with very low incomes.

Building Services to change days for inspections

TAVARES, FL - July 28, 2011 - (RealEstateRama) -- Beginning Monday, Aug. 1, the Lake County Department of Growth Management, Building Services Division, located on the fifth floor of the Lake County Administration Building at 315 W. Main St. in Tavares, will change the days that building inspections are performed to Monday, Tuesday, Thursday and Friday

Home Buyers and Sellers Prefer RE/MAX

DENVER, CO - July 28, 2011 - (RealEstateRama) -- Results from the J.D. Power and Associates 2011 Home Buyer/Seller StudySM, recognize RE/MAX for providing the highest overall consumer satisfaction for both home buyers and home sellers. In last year’s study, two different companies ranked the highest in each category, but this year home buyers and sellers both rated RE/MAX the highest.

Latest CBRE Press Releases

Temecula_BelVillaggioIII_2

CBRE’s Kirk Brummer, Sean Heitzler and NRP-West Team Complete Sale of...

CBRE’s Kirk Brummer announced today the National Retail Partners-West (NRP-West) has completed the sale of Bel Villaggio I-II & Bel Villaggio III in Temecula, California, adjacent retail