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15 Million Home Foreclosures Forecast

Destin, FL - October 11, 2011 - (RealEstateRama) -- Home foreclosures have destabilized the U.S. economy and sent home prices in the majority of the country much lower. The foreclosure crisis has had a massive impact on the livelihoods of millions of Americans, and is forecast to impact millions of additional homeowners in coming years.

HUD CHARGES NEW YORK REAL ESTATE COMPANY AND SALESPERSON WITH DISCRIMINATING AGAINST FAMILIES WITH...

WASHINGTON, DC - October 10, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging Metro Net Realty, LLC, a Queens, NY, real estate agency, and a salesperson for the agency with violating the Fair Housing Act by placing advertisements on Craigslist that discriminated against families with children. HUD brings the charge on behalf of the National Fair Housing Alliance (NFHA), alleging that the advertisements that stated “Looking For: Mature couple or single with no children” were evidence of an effort to exclude children from housing.

Mortgage Applications, except Government Refinances, Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - October 6, 2011 - (RealEstateRama) --Mortgage applications decreased 4.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 30, 2011.

REI Free Classifieds Opens Virtual Doors to Real Estate Investing Community

UNITED STATES, - October 5, 2011 - (RealEstateRama) -- ReiFreeClassifieds.com answers a demand for niche marketing within an online classifieds industry, which is dominated by general public sites. Comprehensive REI-specific categories accommodate real estate investors, real estate agents and real estate investing support services, including contractor services, home service specialists, funding sources, property management, legal and tax professionals, title and escrow services, REI education and various networking and Internet resources.

Pending Home Sales Decline in August but Remain Above a Year Ago

Washington, DC - September 29, 2011 - (RealEstateRama) -- Pending home sales slipped in August with a mixed regional performance but are higher than a year ago, according to the National Association of Realtors®.

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - September 28, 2011 - (RealEstateRama) -- Mortgage applications increased 9.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 23, 2011.

C.A.R. August Pending Home Sales Index

LOS ANGELES, CA - September 27, 2011 - (RealEstateRama) -- California pending home sales climbed in August from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. The year-to-year increase was the highes...

Commercial/Multifamily Mortgage Debt Outstanding Increased For First Time Since 2009

Washington, DC - September 22, 2011 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding increased by 0.1 percent in the second quarter of 2011, the first quarterly increase since the third quarter of 2009, according to the Mortgage Bankers Association (MBA).

HUD AND NATIONAL ASSOCIATION OF REAL ESTATE BROKERS FORM PARTNERSHIP TO PROMOTE FAIR HOUSING

WASHINGTON, DC - September 22, 2011 - (RealEstateRama) -- In an effort to end discriminatory treatment African Americans and other people of color often experience, HUD and the National Association of Real Estate Brokers (NAREB) today announced a new partnership to work together to promote fair housing in minority communities. In Fiscal Year 2010, 27.8% (2,820) of the 10, 157 fair housing complaints HUD and its fair housing partner agencies received alleged race discrimination against blacks. At the same time, a recent HUD report showed that the nation’s “worst case housing needs” increased by 3.2 percentage points among African American families

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - September 21, 2011 - (RealEstateRama) -- Mortgage applications increased 0.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 16, 2011.

Housing Starts Decline, Permits Rise in August

WASHINGTON, D.C. - September 20, 2011 - (RealEstateRama) -- Nationwide housing starts declined 5.0 percent to a seasonally adjusted annual rate of 571,000 units in August, according to figures released by the U.S. Commerce Department today. The decline was primarily on the more volatile multifamily side, with single-family housing production edging down just 1.4 percent. Meanwhile, permits for new construction posted modest gains in both sectors.

GPE Commercial Advisors August 2011 Deal Summary

Scottsdale, AZ - September 19, 2011 - (RealEstateRama) -- In August 2011, GPE Commercial Advisors reported closing five purchase transactions for $1.6M (35,559 square feet), 17 lease transactions for $5.4M (52,220 square feet) and one dental practice s...

C.A.R. August sales and price report

LOS ANGELES, CA - September 16, 2011 - (RealEstateRama) -- California home sales posted an increase from both the previous month and previous year in August, while the median home price rose to its highest level this year, according to data from th...

U.S. Foreclosure Activity Increases 7 Percent in August, Defaults Surge 33 Percent

IRVINE, CA - September 15, 2011 - (RealEstateRama) -- RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its U.S. Foreclosure Market Report™ for August 2011, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 228,098 U.S. properties in August, a 7 percent increase from the previous month, but still down nearly 33 percent from August 2010. The report also shows one in every 570 U.S. housing units with a foreclosure filing during the month.

PRICES FOR KEY CONSTRUCTION MATERIALS FALL IN AUGUST, EVEN AS ANNUAL MATERIALS COST INCREASES...

WASHINGTON, D.C. - September 14, 2011 - (RealEstateRama) -- The amount contractors pay for a range of key construction materials declined in August, but contractors continue to be squeezed as materials cost increases have outstripped the price of finished buildings over the past year, according to an analysis of producer price index figures released today by the Associated General Contractors of America.

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - September 14, 2011 - (RealEstateRama) -- Mortgage applications increased 6.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 9, 2011. This week’s results include an adjustment to account for the Labor Day holiday

DC, Baltimore Register Best August Sales in Years

Rockville, MD - September 12, 2011 - (RealEstateRama) -- The following analysis of the Washington, D.C. Metro Area housing market has been prepared by housing market expert Jonathan Miller of Miller Samuel, based on the August 2011 RBI Pending Hom...

Commercial/Multifamily Mortgage Delinquencies Down in Second Quarter for Four of Five Major Investor Groups

WASHINGTON, D.C. - September 12, 2011 - (RealEstateRama) -- Commercial/multifamily mortgage delinquency rates among four out of five major investor groups decreased in the second quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - September 8, 2011 - (RealEstateRama) -- Mortgage applications decreased 4.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 2, 2011.

Economic Volatility Drags Real Estate

Destin, FL - September 7, 2011 - (RealEstateRama) -- Volatility in the stock market has diminished confidence in the U.S. housing market from recovering any time soon for the large majority of Americans, according to a new Housing Predictor survey.

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