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CONSTRUCTION SECTOR ADDS 5,000 JOBS BETWEEN AUGUST AND SEPTEMBER AS INDUSTRY’S UNEMPLOYMENT RATE HITS...

WASHINGTON, D.C. - October 8, 2012 - (RealEstateRama) -- Construction employers added 5,000 jobs in September while the industry's unemployment rate hit 11.9 percent, according to an analysis of new federal data released today by the Associated General Contractors of America. Association officials cautioned that construction employment has been relatively flat for more than a year as growing demand for residential and some commercial projects has been offset by declining public sector construction activity.

CONSTRUCTION EMPLOYMENT DECLINES IN 164 OUT OF 337 METRO AREAS BETWEEN AUGUST 2011 &...

WASHINGTON, D.C. - October 8, 2012 - (RealEstateRama) -- Construction employment declined in 164 out of 337 metropolitan areas between August 2011 and August 2012, increased in 130 and was stagnant in 43, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that construction employment in many areas was suffering as government and business officials delay projects in the face of federal tax and funding uncertainty.

Discounted Sprint Plans Make it Easier for Realtors® to Connect

WASHINGTON, DC - October 8, 2012 - (RealEstateRama) -- When working with a real estate professional, home buyers and sellers count on their agent to be accessible and easy to reach any time of day. The National Association of Realtors® is making this even easier for its members through a new collaboration with Sprint through the REALTOR Benefits® Program, which provides members with significant savings on wireless phone service plans.

C.A.R. releases its California Housing Market Forecast for 2013

LOS ANGELES, CA - October 3, 2012 - (RealEstateRama) -- California’s housing market will continue to recover in 2013, as home sales are forecast to increase for the third consecutive year and the median price to rise for the second straight year, acc...

Mortgage Refinance Applications Highest Since 2009 as Rates Reach Record Lows in Latest MBA...

WASHINGTON, D.C. - October 3, 2012 - (RealEstateRama) -- Mortgage applications increased 16.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 28, 2012.

MassHousing Announces Largest Lending Year in Agency’s 46-year History Shatters previous record amount by...

BOSTON - October 1, 2012 - (RealEstateRama) -- MassHousing announced today that it provided nearly $1 billion in financing for affordable housing in fiscal year 2012, setting a new one-year lending record.

Pending Home Sales Decline in August

WASHINGTON, DC - October 1, 2012 - (RealEstateRama) -- After reaching a two-year peak, pending home sales fell in August but are at elevated levels compared with a year ago, according to the National Association of Realtors®.

Pending Home Sales Decline in August

WASHINGTON.DC - September 27, 2012 - (RealEstateRama) -- After reaching a two-year peak, pending home sales fell in August but are at elevated levels compared with a year ago, according to the National Association of Realtors

Federal Housing Finance Agency Reports Mortgage Interest Rates

Washington, DC - September 27, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some adjustable-rate mortgage (ARM) contracts, was 3.56 percent based on loans closed in August. There was a decrease of 0.10 percent from the previous month. In March of 2012, FHFA began calculating interest rates using un-weighted survey data.

Pace of New-Home Sales Holds Steady in August

WASHINGTON, D.C. - September 26, 2012 - (RealEstateRama) -- Following a substantial gain in July, the pace of new-home sales held virtually unchanged at a seasonally adjusted annual rate of 373,000 units in August, according to newly released figures from HUD and the U.S. Census Bureau.

REP. EDDIE LUCIO III ANNOUNCES ELIGIBLITY EXTENSION OF HOME BUYER PROGRAMS

September 25, 2012 - (RealEstateRama) -- State Representative Eddie Lucio III announced the extension the Texas State Affordable Housing Corporation’s (TSAHC) down payment assistance programs to current homeowners and those who previously owned a home.

Commercial/Multifamily Mortgage Debt Outstanding Declines Fueled by Drop in CMBS Loans

WASHINGTON, DC - September 24, 2012 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding decreased by $10.4 billion, or 0.4 percent, in the second quarter of 2012, as the balance of loans in CMBS, CDO and other ABS issues continued to decline, according to the Mortgage Bankers Association (MBA).

August home sales in Illinois up 23.7 percent from a year ago; Statewide median...

SPRINGFIELD, IL - September 19, 2012 - (RealEstateRama) -- Home sales in the state rose 23.7 percent over previous year levels, part of a 14-month run of sales increases according to data released today by the Illinois Association of REALTORS®.

Mortgage Rates Drop to New Survey Lows

WASHINGTON, D.C. - September 19, 2012 - (RealEstateRama) -- Mortgage applications decreased 0.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 14, 2012

Housing Starts Rise 2.3 Percent in August on Strength in Single-Family

WASHINGTON, D.C. - September 19, 2012 - (RealEstateRama) -- Nationwide housing production rose 2.3 percent to a seasonally adjusted annual rate of 750,000 units in August, according to newly released figures from HUD and the U.S. Census Bureau. This increase was fueled entirely by gains in the single-family sector, where the pace of new construction rose in every region for a combined 5.5 percent gain to 535,000 units.

California home sales decline in August; median price hits four-year high, C.A.R. says

LOS ANGELES, CA - September 18, 2012 - (RealEstateRama) -- California home sales declined in August but continued to maintain a strong pace, recording five consecutive months of year-over-year sales gains, while the median price reached a four-year hig...

Home Sales and Job Creation would Rise with Sensible Lending Standards

WASHINGTON, DC - September 17, 2012 - (RealEstateRama) -- New survey findings, combined with an analysis of historic credit scores and loan performance, show home sales could be notably higher by returning to reasonably safe and sound lending standards, which also would create new jobs,

HUD AND VA TEAM UP TO WIN COVETED “SAMMIE” AWARD

WASHINGTON, DC - September 13, 2012 - (RealEstateRama) -- One day last spring, Mark Johnston was walking to work when he came upon a homeless man and while most people would walk on, Mark stopped and helped the man find stable housing and needed services. Mark is the Acting Assistant Secretary for Community Planning and Development at the U.S. Department of Housing and Urban Development. His office is responsible for, among other programs, managing more than $2 billion through programs designed to help homeless individuals and families.

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - September 12, 2012 - (RealEstateRama) -- Mortgage applications increased 11.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 7, 2012. This week’s results include the customary upward adjustment for the Labor Day holiday.

Activity Stayed Strong throughout the Summer as Pending Sales Up Again in August

WALTHAM, MA - September 11, 2012 - (RealEstateRama) -- September 11, 2012 – The Massachusetts Association of REALTORS® (MAR) reported today that activity continued to be strong in the summer as the number of single-family homes and condominiums put ...

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

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.