Archives

BRICK, N.J. - January 26, 2012 - (RealEstateRama) -- With the January acquisition of Barclay Arms in Atlantic City, N.J., private equity real estate group Tryko Partners, LLC, marked a 12-month period of aggressive growth that nearly doubled its multif...

WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- Remodeling sentiment rose to the highest level in five years, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) for the fourth quarter of 2011. Released today, the RMI increased to 46.6 in the fourth quarter from 41.7 in the third quarter.

LOS ANGELES, CA - January 25, 2012 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Pending Home Sales Index dropped as expected between November and December, tracking the annual seasonal slowdown. However, the index was hig...

Washington, DC - January 25, 2012 - (RealEstateRama) -- After reaching a 19-month high, pending home sales eased in December but stayed above year-ago levels, according to the National Association of Realtors®.

INDIANAPOLIS, IND. - January 25, 2012 - (RealEstateRama) -- According to the latest housing data compiled by RE/MAX of Indiana, the Central Indiana real estate market remained flat throughout 2011 compared to 2010. The nine-county area reported a 0.99-...

DENVER, CO - January 24, 2012 - (RealEstateRama) -- This month, global real estate franchisor, RE/MAX rolls out an entirely new national ad campaign focusing on “all the things that move you.” The innovative campaign strikes an emotional note with consumers and features the sentimental Jim Croce song, “I’ve Got a Name.”

TUSTIN, CA - January 23, 2012 - (RealEstateRama) -- Gregory A. Fisher, President of Present Value Properties, Inc., a full service retail real estate brokerage and consulting firm headquartered in Tustin, Calif., announced today that Shannon Labowitz-C...

Washington, DC - January 20, 2012 - (RealEstateRama) -- Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago, according to the National Association of Realtors®.

WASHINGTON, D.C. - January 19, 2012 - (RealEstateRama) -- Nationwide production of new single-family homes rose 4.4 percent to a seasonally adjusted annual rate of 470,000 units in December, according to newly released figures from the U.S. Commerce Department. This marked a third consecutive increase and the fastest pace of single-family housing starts since April of 2010. Meanwhile, the overall number of housing starts for the month declined 4.1 percent to a 657,000-unit rate due to a 20.4 percent dip on the more volatile multifamily side.

WASHINGTON, D.C. - January 18, 2012 - (RealEstateRama) -- As federal regulators consider setting down-payment standards on new mortgages, a new study shows such rules could push 60 percent of creditworthy borrowers into high-cost loans or out of the market altogether.

WASHINGTON, D.C. - January 18, 2012 - (RealEstateRama) -- The amount contractors pay for a range of key construction materials edged down 0.2 percent in December but climbed 5.3 percent from a year earlier, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Meanwhile, the amount contractors charge to construct projects remained largely flat for the month and is up only between 3.3 and 4.7 percent for the year, cutting into contractor earnings and adding to the challenges the hard-hit industry is facing, association officials said.

WASHINGTON, D.C. - January 18, 2012 - (RealEstateRama) -- Mortgage applications increased 23.1 percent from one week earlier (last week’s results included an adjustment for New Years Day), according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 13, 2012.

COLUMBIA, S.C. - January 17, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its December 2011 statewide market reports. New Listings in the state of South Carolina decreased 12.4 percent to 5,233. Pending Sales were up 11.4 ...

Phoenix, AZ - January 17, 2012 - (RealEstateRama) -- Since the company’s inception and first closing two years ago, Green Street Realty has continued an upward trend of great significance. In just those two short years, Green Street Realty has surpas...

Las Vegas, NV - January 13, 2012 - (RealEstateRama) -- LORI BALLEN , a leading real estate professional with KELLER WILLIAMS REALTY in LAS VEGAS, NEVADA who was previously awarded with the Internet Marketing Specialist designation for her proficiency i...

WASHINGTON, D.C. - January 11, 2012 - (RealEstateRama) -- By an overwhelming margin, American voters strongly value homeownership and would oppose efforts to weaken or eliminate the mortgage interest deduction or diminish a federal role to help qualified home buyers obtain affordable 30-year mortgages, according to a new nationwide survey gauging likely voters’ attitudes towards homeownership and housing policy issues.

WASHINGTON, D.C. - January 11, 2012 - (RealEstateRama) -- Mortgage applications increased 4.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 6, 2012. The results include an adjustment to account for the New Year’s Day holiday.

Orange County, CA - January 10, 2012 - (RealEstateRama) -- In the fourth quarter of 2011, the Orange County office market displayed positive net absorption for the sixth consecutive quarter, posting 819,510 square feet – the most occupation of space ...

WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- The number of housing markets showing measurable improvement nearly doubled in January with the addition of 40 new metros to the National Association of Home Builders/First American Improving Markets Index (IMI), released today. The IMI now boasts 76 improving markets, up from 41 in December, with 31 states and the District of Columbia represented by at least one entry.

WASHINGTON, D.C - January 6, 2012 - (RealEstateRama) -- The Loan Modification Scam Prevention Network (LMSPN) recently reached a critical milestone in the national effort to stop foreclosure rescue scams. Through the efforts of homeowners, housing counselors, advocates and Network partners from across the country, the national Loan Modification Scam Database, led by the Lawyers’ Committee for Civil Rights Under Law, has collected more than 20,000 scam complaint reports since its launch in March 2010.