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Senate Passes Bill to Restore STAR Property Tax Rebate Checks

New York, NY - June 6, 2012 - (RealEstateRama) -- The New York State Senate today passed legislation, sponsored by Senator Kenneth LaValle (R-C-I, Port Jefferson), that would restore the STAR property tax rebate program. The bill (S7447) would provide ...

TAXPAYER SUPPORT NEEDED FOR AFFORDABLE RENTAL PROJECTS

BISMARCK - May 31, 2012 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) has conditionally committed $6.3 million for nine multi-family housing projects with a total of 254 units in seven cities if sufficient taxpayer support is re...

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.

ABA Symposia to Feature Trends, New Developments Related to Real Property, Trust and Estate...

WASHINGTON, D.C. WASHINGTON, D.C. The economic downturn and the unprecedented changes confronting the real estate industry have created significant new challenges for lawyers practicing real property law and trust and estate law. The American Bar Association Section of Real Property, Trust & Estate Law 23rd Annual Spring Symposia will focus on industry trends and expert guidance to help lawyers meet the challenges and opportunities of the new practice environment. The symposia will be held May 3 – 4, at the Grand Hyatt New York.

City Council to Hold Public Hearing on Real Estate and Personal Property Tax Rates

April 12, 2012 - (RealEstateRama) -- The Alexandria City Council will hold a public hearing on the 2012 Real Estate and Personal Property Tax Rates on Saturday, April 14, beginning at 9:30 a.m. in City Council Chambers, Room 2400 (2nd Floor) at Alexand...

Pending Home Sales Ease in February but Solidly Higher Than a Year Ago

Washington, DC - March 26, 2012 - (RealEstateRama) -- Pending home sales were down slightly in February but remain notably above the pattern in the first half of last year, according to the National Association of Realtors®.

Treasury Completes Wind Down of Mortgage-Backed Securities Investment, Generates $25 Billion Positive Return for...

WASHINGTON, DC - March 19, 2012 - (RealEstateRama) -- The U.S. Department of the Treasury announced the completion of the orderly wind down of its agency-guaranteed mortgage-backed securities (MBS) portfolio, which it acquired as part of its response to the financial crisis. Overall, Treasury’s MBS portfolio generated a positive return of $25 billion for taxpayers.

Bill to Eliminate Portion of Cherokee Property Taxes Moves Forward!

ATLANTA, GA - March 16, 2012 - (RealEstateRama) -- The Georgia Senate has passed a local homestead option sales tax legislation authored by Senate Majority Leader Chip Rogers. This plan could eliminate the County portion of the property tax for Cheroke...

Lawyers’ Committee & Davis Polk File Fourth Suit Targeting Loan Modification Scam in Nassau...

NEW YORK, NY - March 15, 2012 - (RealEstateRama) -- The Lawyers' Committee for Civil Rights Under Law (Lawyers' Committee) and pro bono counsel Davis Polk & Wardwell LLP (Davis Polk) have filed their fourth lawsuit against a network of for-profit loan modification companies. The suit, Masheyeva v. Law Offices of David M. Green, was filed in New York Supreme Court in Nassau County, on behalf of 18 homeowners from New York and six other states.

Lawyers’ Committee & Partners File Suit for Mortgage Rescue Scam Targeted at Hispanics

WASHINGTON, D.C. - March 15, 2012 - (RealEstateRama) -- On March 6, 2012, K&L Gates, LLP, the national Lawyers’ Committee for Civil Rights Under Law (Lawyers’ Committee), and the Washington Lawyers’ Committee for Civil Rights and Urban Affairs (Washington Lawyers’ Committee) filed a lawsuit on behalf of a Woodbridge, Virginia couple who have been victimized by mortgage rescue scammers that allegedly prey on vulnerable homeowners by targeting Hispanics in Northern Virginia. As a result of the alleged scam, the couple has lost title to their home and thousands of dollars.

CT REIA March 2012 Monthly Meeting: Real Estate Money Making Secrets

West Hartford, CT - March 7, 2012 - (RealEstateRama) -- Come learn the step-by-step, nuts and bolts Money Making Secrets of Finding, Buying, Structuring, Holding, Managing, Financing and Selling Real Estate revealed by a Full Time Professional who has ...

2012 Housing Tax Credit Contribution (HTCC) Program Overview Session

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...

Pelosi, Speier Request Justice Department Examination into Possible Violations of Federal Law in San...

Washington, D.C. - February 20, 2012 - (RealEstateRama) -- Democratic Leader Nancy Pelosi and Congresswoman Jackie Speier sent a letter today to Attorney General Eric Holder requesting he direct the Justice Department’s Financial Fraud Enforcement Ta...

Nevada Short Sales | Is Time Running Out For Nevada Homeowners?

Las Vegas, NV - February 1, 2012 - (RealEstateRama) -- If you’ve been thinking about doing a short sale on your Nevada home, you might want to hurry up. The time is limited for homeowners who want to ensure they aren’t hit with a big tax bill becau...

Bipartisan Group of Lawmakers Call on Obama to Increase Home Energy Assistance Funding in...

Washington, DC - January 31, 2012 - (RealEstateRama) -- Congressman Edward J. Markey, Congressman John Tierney, and a bipartisan group of more than 100 lawmakers sent a letter urging President Barack Obama to fund the Low Income Home Energy Assistance ...

Notice of Public Comment Period for 2012 Draft Housing Tax Credit Contribution (HTCC) Procedures

January 31, 2012 - (RealEstateRama) -- At its January 26, 2012 meeting, the Connecticut Housing Finance Authority Board of Directors approved the draft 2012 Housing Tax Credit Contribution (HTCC) Procedures for public comment. The 2012 HTCC Procedures will apply to all HTCC applications beginning in 2012, including those applying May 1, 2012.

Real Property Tax Foreclosure Auction on Feb. 3

Vancouver, WA - January 25, 2012 - (RealEstateRama) -- Doug Lasher, Clark County Treasurer, announced that a Property Tax Foreclosure Auction will be conducted on Friday, February 3, 2012, at 9 a.m. in the 6th Floor Hearing Room, Clark County Public Se...

Statement by Senate Majority Leader Dean Skelos on Governor’s Budget Proposal

New York, NY - January 24, 2012 - (RealEstateRama) -- I am very encouraged that the Governor has again proposed a budget that closes the deficit by reducing spending and without increasing taxes or fees, and includes plans for job creation, property ta...

Governor Cuomo Announces Mandate Relief Council to Meet on Wednesday

Albany, NY - January 24, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that the Mandate Relief Council will meet on Wednesday, January 25 in the State Capitol in Albany. The Council was created by the Governor and Legislature to a...

December & 2011 Year-End Market Report

MEMPHIS, TN - January 24, 2012 - (RealEstateRama) -- Memphis-area home sales for December fell 10 percent from a year ago, with 898 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales for a...

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases