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RealEstateRama News
Pending Home Sales Falter 2.2% in September
Pending home sales experienced a minor decline in September after four consecutive months of contract activity growth, according to the National Association of Realtors®. While all four major U.S. regions recorded notable year-over-year increases
Inwood Plan To Move Foward Preserving and Building Thousands Of Affordable Units In...
"We are facing many challenges in Northern Manhattan, the most troublesome being the impacts of the Coronavirus. Our community has been declared a yellow-zone and as a community, we must continue doing our part to keep each other safe. We will continue working alongside local organizations to ensure we are delivering the food
New York Court Of Appeals Upholds Inwood Rezoning That Will Bring Thousands of Affordable...
Council Member Ydanis Rodriguez will be holding a press conference to discuss the recent New York Court of Appeals decision to reject a motion to appeal an appellate panel's reinstatement of the Inwood rezoning. The decision comes after the Northern Manhattan is Not for Sale appealed an appellate panel's reinstatement of the rezoning back in July.
FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
Realtors® Expo: 2020 Market Was ‘Exceptional,’ Biden Homebuyer Credit Will Aid with Down Payments
The housing industry has exceeded expectations for 2020 and the marketplace will continue to see home price and sales growth in the coming year, National Association of Realtors® Chief
Property Managers Discuss Rental Assistance, Industry Challenges Brought by COVID-19
As it continues to push for nationwide rental assistance programs, the National Association of Realtors® today welcomed representatives from the Institute of Real Estate Management to discuss how industry professionals are addressing rent
NYS OASAS Announces Approximately $24 Million in Funding to Expand Addiction Treatment Facilities in...
The New York State Office of Addiction Services and Supports (OASAS) today announced approximately $24 million in capital funding for expansions of addiction treatment facilities in the Southern Tier and Finger Lakes Regions. The Binghamton Evaluation Center is receiving more than $13 million to add 50 new stabilization and rehabilitation beds, and the Rochester Evaluation Center for Medically Supervised
CHA resident-owned businesses awarded grants to aid in COVID-19 relief efforts
Seven Chicago Housing Authority resident- owned businesses were recently awarded $5,000 grants from the Federal Home Loan Bank of Chicago's "Targeted Impact Fund" to support relief efforts for populations hardest hit by COVID-19.
Commercial/Multifamily Borrowing Falls 47 Percent in the Third Quarter of 2020
Commercial and multifamily mortgage loan originations were 47 percent lower in the third quarter compared to a year ago, and increased 12 percent from the second quarter of 2020
Tech Leaders Discuss Artificial Intelligence and its Impact on the Real Estate Industry
Artificial intelligence, also known as A.I., and automation technologies will have a growing influence on how real estate professionals and consumers buy and sell property, according to a group of technology and data experts who spoke at the 2020
National Association of REALTORS® Expands Code of Ethics to Include Discriminatory Conduct and...
During the social unrest throughout the nation in late spring and summer of 2020, NAR received an unprecedented number of complaints about REALTORS® posting discriminatory speech and conduct online, especially on social media. Local and state associations experienced a similar influx of these complaints. In light of this, Atlanta REALTORS® Association President Jennifer Pino
Atlanta REALTORS® Releases October 2020 Statistics on Housing Market
Atlanta REALTORS® Association (ARA), the largest association of its kind in Georgia, released its October 2020 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis
Ten Key Facts About Federal Disaster Assistance
Federal assistance can be an important resource for Californians with uninsured or underinsured property damage due to the recent wildfires. Survivors in Fresno, Los Angeles, Madera, Mendocino, Napa, San Bernardino, San Diego, Shasta, Siskiyou and Sonoma counties have until Dec.
Metro Home Prices Increase in All Areas in Third Quarter of 2020
Every metro area tracked by the National Association of Realtors® during the third quarter of 2020 saw home prices increase from a year ago, according to NAR’s latest quarterly report, released today.
Lack of Inventory, Higher Prices Push Housing Affordability Near Two-Year Low
Record-low mortgage rates were not enough to offset inventory shortages and rising home prices as housing affordability continued to decline in the third quarter of 2020, according to the National Association of Home Builders (NAHB)
CONSTRUCTION ASSOCIATION READY TO WORK WITH PRESIDENT-ELECT BIDEN TO PREPARE SIGNIFICANT NEW INFRASTRUCTURE AND...
Incoming President and Congress Should Focus on Enacting Measures to Rebuild Infrastructure and Revive the Economy and Avoid Imposing Needless Regulatory Burdens that will Undermine
CONSTRUCTION SECTOR ADDS 84,000 WORKERS IN OCTOBER, BUT GROWING NUMBER OF PROJECT CANCELLATIONS RISKS...
Both Residential and Nonresidential Contractors Added Jobs in October, but Total Construction Employment Remains 3.9 Percent Below February Peak as Pandemic Continues to Depress Demand
Existing-Home Sales Soar 9.4% to 6.5 Million in September
Existing-home sales grew for the fourth consecutive month in September, according to the National Association of Realtors®. Each of the four major regions witnessed month-over-month and year-over-year growth
Builder Confidence in the 55+ Housing Market At an All-Time High in Third Quarter
Builder confidence in the single-family 55+ housing market was at an all-time high in the third quarter, jumping 18 points to 83, according to the National Association of Home Builders’ (NAHB) 55+ Housing Market Index
September New Home Sales Pause Following Strong Summer Surge
Sales of newly built, single-family homes in September fell 3.5 percent to 959,000 from a downwardly revised August number, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau
