Archives

Destin, FL - June 27, 2011 - (RealEstateRama) -- Homeowners who have suffered through illegal foreclosures to become victims at the hands of bankers should be financially compensated by the lenders, according to a new Housing Predictor opinion poll.

WASHINGTON, DC - June 27, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today released a study that finds the nation’s 1.2 million public housing units need an estimated $25.6 billion for large scale repairs. This study updates a 1998 analysis and includes costs to address overdue repairs, accessibility improvements for disabled residents, lead abatement, and water and energy conservation that would make the homes more cost effective and energy efficient.

WASHINGTON, DC - June 24, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today released a study that finds the nation’s 1.2 million public housing units need an estimated $25.6 billion for large scale repairs. This study updates a 1998 analysis and includes costs to address overdue repairs, accessibility improvements for disabled residents, lead abatement, and water and energy conservation that would make the homes more cost effective and energy efficient

LITTLE ROCK, AR - June 24, 2011 - (RealEstateRama) -- Homeowners rebuilding after the spring storms and floods, or those planning for future emergencies, can receive valuable information from specialists with the Federal Emergency Management Agency ...

WASHINGTON, DC - June 24, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced nearly $210 million in Indian Housing Block Grant (IHBG)allocations to 146 tribes in 25 states (see attached list). 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.

WASHINGTON, D.C. - June 24, 2011 - (RealEstateRama) -- A drop in some mortgage loan limits for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and the Federal Housing Administration scheduled to occur on Oct. 1 will reduce housing demand and place downward pressure on home prices in major housing markets, according to a new study from the Economics and Housing Policy Group at the National Association of Home Builders (NAHB).

WASHINGTON, D.C. - June 24, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes declined 2.1 percent to a seasonally adjusted annual rate of 319,000 units in May, according to figures released by the U.S. Commerce Department today. The decline only partially offsets a larger gain that was registered in April."Today's report indicates that new-home sales are holding fairly steady at a relatively low rate, with both April and May sales numbers running above the first-quarter average," noted Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "In view of the slow progress of economic recovery and the challenges builders continue to face with regard to rising materials prices, access to construction credit, competition from foreclosed homes and inaccurate appraisals, the averages for the last two months combined represent some very slow improvement which should continue as expected economic gains boost consumer confidence."

WASHINGTON, D.C. - June 24, 2011 - (RealEstateRama) -- Good morning. Thank you, Maureen, for that kind introduction, and thanks to the National Housing Conference for inviting me here this morning. I’m glad to have the opportunity to talk about the future of housing finance, and also to hear your thoughts on how we can best move forward.

Camarillo, CA - June 24, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, recently directed the sale of a 38,014-square-foot industrial building located at 251 Camarillo Ranch Rd., Camarillo, Calif. to Zindagi Games, Inc. The sale was valued at approximately $3.8 million.

Washington, D.C. - June 23, 2011 - (RealEstateRama) -- Agriculture Under Secretary for Rural Development Dallas Tonsager today highlighted a growing interest in energy-efficient home building. He said builders and nonprofit organizations throughout the country have been calling USDA Rural Development and especially the Kentucky State Office to learn more details about an affordable, energy-efficient home that USDA helped finance. Recently, USDA featured the home and a story about its 73-year-old owner, a widow who had never owned a home before, on the USDA blog. That blog post resulted in a significant response from readers.

June 23, 2011 - (RealEstateRama) -- The Kentucky Housing Corporation Board of Directors will meet Thursday, June 23, 2011, 10 a.m., Eastern time, 1231 Louisville Road, Frankfort, Kentucky. A copy of the agenda for the meeting accompanies this notice

SACRAMENTO, CA - June 23, 2011 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced that Shalena P. Leggett, 37, of Vacaville, pleaded guilty today to two counts of wire fraud arising out of her embezzlement from her former employer, a local Sacramento real estate developer.

NORFOLK, VA - June 23, 2011 - (RealEstateRama) -- ForRent.com®, the anchor website of For Rent Media Solutions™, announced today that it has achieved significant traction bringing apartment communities onto Facebook through its exclusive partnership with Oodle. Customers that have upgraded to Marketplace Expert gain access to exclusive Facebook Page building and management tools, as well as showcase their apartment units in the Marketplace on Facebook.

WASHINGTON, D.C. - June 23, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today expressed support for a five-year extension of the National Flood Insurance Program (NFIP) to ensure that the federally-backed flood insurance program remains efficient and effective in protecting flood-prone properties and creates more stability in the housing market.Testifying before the Senate Banking Committee, Barry Rutenberg, first vice chairman of NAHB and a home builder from Gainesville, Fla., told lawmakers that because the NFIP has had to undergo a series of short-term extensions over recent years, it has created a high level of uncertainty in the program and caused severe problems for the nation’s already troubled housing markets.

Washington, DC - June 23, 2011 - (RealEstateRama) -- More than 800 of the who’s who of the housing industry will gather at the historic National Building Museum to honor two people who have dedicated their lives to meeting America’s affordable housing needs. Nic Retsinas, a Harvard Business School professor who has spent his life in public service in the housing arena, and Sister Lillian Murphy, CEO of Mercy Housing—one of the nation’s largest nonprofits—agreed that while the budget for providing housing help may be shrinking, the need is growing.

INDIANAPOLIS, IN - June 23, 2011 - (RealEstateRama) -- Today an advisory services panel from the Urban Land Institute (ULI) arrives in Indianapolis to examine the General Motors (GM) Stamping Plant to provide recommendations and alternatives for the site’s future use. The City of Indianapolis and Develop Indy, the city’s economic development organization, are both sponsoring the panel.

NORFOLK, VA - June 22, 2011 - (RealEstateRama) -- For Rent Media Solutions™, a leading resource for apartment searches nationwide and operator of ForRent.com®, a division of Dominion Enterprises, has seen success through the exclusive partnership with VaultWare, an online marketing and leasing solution provider for the multifamily housing industry. This collaboration’s recently introduced version of the VaultWare Places product will now be rolled out to a nationwide audience.

WASHINGTON, D.C. - June 22, 2011 - (RealEstateRama) -- A diverse coalition of 44 consumer organizations, civil rights groups, lenders, real estate professionals and insurers joined with Members of Congress today urging regulators to make important changes to proposed mortgage lending regulations.

WASHINGTON, D.C. - June 22, 2011 - (RealEstateRama) -- Characterized by its innovative environmental and sustainable features, The Station at Othello Park development in Southeast Seattle now represents the first mixed-use project on Seattle’s Central Link light rail to earn prestigious LEED (Leadership in Energy and Environmental Design) Silver certification from the U.S. Green Building Council.

LOS ANGELES, CA - June 22, 2011 - (RealEstateRama) -- The Department of Veterans Affairs (VA) Greater Los Angeles Healthcare System (GLA) posted the Master Plan for the West Los Angeles (WLA) campus, which includes plans to expand the homeless program by renovating buildings on the historic campus.