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California pending home sales climb from previous month and year; tight inventory in distressed...

LOS ANGELES, CA - March 27, 2012 - (RealEstateRama) -- Pending home sales in California gained ground for the second consecutive month in February, while the share of equity sales posted higher after two months of decline, the CALIFORNIA ASSOCIATION OF...

Christina Ethridge, of The Ethridge Group Launches New Short Sale Service for Idaho

Coeur d'Alene, ID - March 27, 2012 - (RealEstateRama) -- Christina Ethridge is CEO of The Ethridge Group based in Coeur d'Alene and just announced an exclusive new short sale service designed to help homeowners who owe more on their home than it's curr...

Federal Housing Finance Agency Reports Mortgage Interest Rates

Washington, DC - March 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 ARM contracts, was 4.08 percent based on loans closed in February. Beginning this month, FHFA is calculating interest rates using un-weighted survey data. For January, a comparable rate based on unweighted data would have been 4.18 percent.

ABA RELEASES REAL ESTATE LENDING SURVEY

WASHINGTON, DC - March 27, 2012 - (RealEstateRama) -- The increasing regulatory burden, growing compliance costs and ambiguity over rules still in the pipeline left real estate lending conditions mostly unchanged from the previous year, according to the American Bankers Association’s 19th annual Real Estate Lending Survey.

February Existing-Home Sales Slip But Up Strongly From a Year Ago

Washington, DC - March 26, 2012 - (RealEstateRama) -- February existing-home sales declined from an upwardly revised January pace but are well above a year ago, while the median price posted a slight gain, according to the National Association of Realtors®. Sales were up in the Midwest and South, offset by declines in the Northeast and West.

FHFA House Price Index Unchanged in January

Washington, DC - March 22, 2012 - (RealEstateRama) -- U.S. house prices were unchanged on a seasonally adjusted basis from December to January, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.7 percent increase in December was revised downward to reflect a 0.1 percent increase. For the 12 months ending in January, U.S. prices fell 0.8 ercent. The U.S. index is 19.2 percent below its April 2007 peak and roughly the same as the February 2004 index level

RE/MAX Town Center Broker/Owner Earns Prestigious Regional Awards and International Recognition

Denver, OC - March 22, 2012 - (RealEstateRama) -- The RE/MAX Central Atlantic Region presented Joe Sabelhaus of RE/MAX Town Center (Germantown, MD) with both the Broker/Owner of the Year and Eagle Awards for his outstanding performance in 2011. These p...

Interest Rates Highest Since December, Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - March 21, 2012 - (RealEstateRama) -- Mortgage applications decreased 7.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 16, 2012.

The Smarter Way to Own a Vacation Home And Live Your Bucket List.

Asheville , NC - March 21, 2012 - (RealEstateRama) -- Bill and Meg Conrad from Alexandria, VA had been looking for a second home in Asheville, North Carolina for some time, when they heard of brand new luxury condos and an ownership concept that was intriguing to them.

Redfin Puts Home Pricing Power in Consumers’ Hands

SEATTLE - March 20, 2012 - (RealEstateRama) -- Redfin launched an online tool that seeks to put the power of accurate home pricing in consumers' hands. Redfin's Home Price Tool helps home owners determine a fair price range for their home, using the same process and data that professional agents use.

Housing Starts Decline 1.1 Percent in February

WASHINGTON, D.C. - March 20, 2012 - (RealEstateRama) -- Nationwide housing starts edged down 1.1 percent to a seasonally adjusted annual rate of 698,000 units in February, according to newly released figures from the U.S. Commerce Department. This was the second-best pace of new construction since October of 2008 following an upwardly revised 706,000-unit pace in January.

Strong Southern Indiana Housing Market in January and February Outpaces 2011

JEFFERSONVILLE, IND - March 19, 2012 - (RealEstateRama) -- So much for the winter doldrums for area realtors. According to the latest housing data compiled by RE/MAX of Indiana, the Southern Indiana real estate market recorded strong growth for the ear...

California home sales post higher in February; inventory remains low

LOS ANGELES, CA - March 15, 2012 - (RealEstateRama) -- Recent improvements in the overall economy, combined with extremely low interest rates lifted California home sales from both the prior month and year in February, according to data from the CALIFO...

CONSTRUCTION MATERIALS PRICES ACCELERATE SHARPLY IN FEBRUARY, FORCING CONTRACTORS TO PAY MORE FOR SUPPLIES...

WASHINGTON, D.C. - March 15, 2012 - (RealEstateRama) -- The cost of construction materials accelerated dramatically in February after moderating for several months, according to an analysis of producer price index figures released today by the Associated General Contractors of America. As a result, construction firms will be forced to pay more for key materials even as demand for construction remains weak, association officials noted.

South Carolina REALTORS® Release February Market Numbers

COLUMBIA, S.C. - March 15, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its February Statewide Market Reports. New Listings in South Carolina decreased 7.2 percent to 8,228. Pending Sales were up 16.9 percent to 4,653. Inve...

Outer Banks Real Estate Owners Invited to the 3rd Annual Night at the Races

Devil Hills, NC - March 14, 2012 - (RealEstateRama) -- The 3rd Annual Night at the Race, which will be held on the 17th of March at the Hilton Garden Inn, is sponsored by the Corolla Wild Horse Fund together with former professional jockey Jeffrey Carl...

DataBridge Marketing Systems Appointed List Manager by RealtyTrac®

MONTVALE, NJ - March 14, 2012 - (RealEstateRama) -- DataBridge Marketing Systems Corporation announced today that it has been contracted by RealtyTrac®, the foreclosure authority™, to manage and act as service bureau for two of the company’s coveted lists: “Foreclosure and Auction Listings” and “New Homeowners of Foreclosures.”

RE/MAX Reports Northern Illinois Commercial Real Estate MarketExhibits Positive Signs for 2012

CHICAGO, IL - March 14, 2012 - (RealEstateRama) -- Northern Illinois can expect fewer empty storefronts in 2012. Renters will have fewer vacant apartments from which to choose and should expect to pay more to rent the units that are on the market. But we should not expect many new office buildings or strip malls to rise in the area this year, according to a survey of commercial brokers affiliated with the RE/MAX Northern Illinois real estate network.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - March 14, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 9, 2012.

Commercial/Multifamily Mortgage Debt Outstanding Flat in 4th Quarter; Down 0.6 percent in 2011

Washington, DC - March 14, 2012 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding was essentially unchanged in the fourth quarter of 2011, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA). On a year-over-year basis, the amount of mortgage debt outstanding at the end of 2011 was $14 billion lower than at the end of 2010, a decline of 0.6 percent.

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