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PHFA announces foreclosure help for homeowners in Monroe County

HARRISBURG - January 22, 2012 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency, in collaboration with the American Society of Certified Housing Executives (ASCHE) and the National Real Estate Training Institute (NREI), today announced a da...

MAYOR BLOOMBERG ANNOUNCES WINNER OF adAPT NYC COMPETITION TO DEVELOP INNOVATIVE MICRO-UNIT APARTMENT HOUSING...

New York, NY - January 22, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert K. Steel and Department of Housing Preservation and Development Commissioner Mathew M. Wambua announced today that the winner...

New mortgage servicing rules from CFPB enact important protections for homeowners

WASHINGTON, D.C. - January 22, 2012 - (RealEstateRama) -- The Consumer Financial Protection Bureau released important new rules today that protect homeowners facing foreclosure when they interact with the financial institutions, called servicers, that handle their loans. The mortgage servicing rules also introduce new clarity to the mortgage payment process for all homeowners, regardless of whether they are in default.

ConsensusDocs Releases a New Agreement for Design Professionals Amid 15 Percent Increase in Use...

WASHINGTON, DC - January 22, 2012 - (RealEstateRama) -- ConsensusDocs is releasing today its first standard agreement for a lead architect or engineer to subcontract certain design work to other design professionals and consultants. The agreement makes it easier for architects, engineers to contract with other consultants providing a portion of design services work. In light of increasing design collaboration to achieve green design and through tools like building information modeling (BIM), this is an important document to round out the family of standard contract documents offered by ConsensusDocs. Now design professionals can utilize a consensus industry-approved document that allocates risk fairly between the “in responsible” design professional and its consultants.

Art Van Home Rewards Program Now Offers $300 in Rewards

January 22, 2012 - (RealEstateRama) -- Early last year, MAR teamed with Art Van to introduce the Home Rewards Program for Michigan REALTORS® and their clients. The new program offered $150 to home purchasers for use at Art Van, Paul’s TV and World o...

Local Associations to be recognized for their RPAC efforts at luncheon

January 22, 2012 - (RealEstateRama) -- The Michigan Association of REALTORS® would again like to thank all of the local associations who made the final push for RPAC investors at the end of 2012. With a state RPAC goal of $425,000, REALTOR® members m...

SLOW ECONOMIC RECOVERY KEEPS PRESSURE ON U.S. CITIES’ EMERGENCY FOOD AND SHELTER SERVICES

Washington, D.C.- January 22, 2012 - (RealEstateRama) -- A survey report issued just days before the threatened sequestration of federal funding forecasts the need for more, not less, spending in the year ahead to support of growing numbers of hungry and homeless families and individuals in America’s cities. The pending fiscal cliff and sequestration cuts to local social programs could stress already stretched programs designed to serve people in need as automatic cuts are expected if Congress and President fail to reach a budget deal prior to December 31.

Mercy Housing Inc. earns coveted 4-star rating from Charity Navigator

WASHINGTON, D.C. - January 22, 2012 - (RealEstateRama) -- Mercy Housing’s sound fiscal management practices and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator

East Valley Industrial Properties Sold to CA Investment Company for $4.7M

CHANDLER, AZ - January 22, 2012 - (RealEstateRama) -- A Southern California investment fi rm purchased eight industrial properties for a combined $4.7 million. The entire transaction totalled 54,079 SF with a price per square foot of $86.90.

Remodeling Market Remains Strong in the Fourth Quarter

WASHINGTON, D.C. - January 22, 2012 - (RealEstateRama) -- The Remodeling Market Index (RMI) reached 55 in the fourth quarter of 2012, increasing five points from the previous quarter, according to the National Association of Home Builders (NAHB). This is the highest reading since the first quarter 2004.

The Boulder Group Arranges the Sale of a Single Tenant Leased Culver’s Property in...

Northbrook, IL - January 22, 2012 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm specializing in single tenant assets, has completed the sale of a triple net leased Culver’s property located at 501 Pingree Road, Cryst...

Veteran Housing, Securing Service Capacity

WASHINGTON, D.C. - January 22, 2012 - (RealEstateRama) -- We have now officially begun the second half of VA Secretary Eric Shinseki’s Five-Year Plan to End Veteran Homelessness. During the first two and a half years the VA and its community partners represented by NCHV have fundamentally changed the homeless veteran services landscape

Is the Five-Year Plan to End Veteran Homelessness Working?

WASHINGTON, D.C. - January 22, 2012 - (RealEstateRama) -- If that notion sounds wildly ambitious to you, that is because it is. But this ambition has fueled significant reductions in veteran homelessness, and has put our nation on course to prevent vet...

Essilor of America Leases Duke Realty’s Waters Ridge II

Dallas, TX - January 22, 2012 - (RealEstateRama) -- The Dallas office of Duke Realty Corporation (Duke Realty) today announced that Essilor of America, the leading manufacturer of optical lenses in the United States, has leased Waters Ridge II, a 169,4...

Existing-Home Sales Slip in December, Prices Continue to Rise; 2012 Totals Up

WASHINGTON, DC - January 22, 2012 - (RealEstateRama) -- Existing-home sales eased in December but are well above a year ago, while limited inventory maintained the upward momentum in home prices, according to the National Association of Realtors®. Total sales in 2012 were the highest in five years, while the annual price rose the most since 2005.

Corker Asks Regulators to Simplify, Synchronize Mortgage Lending Rules and Avoid Permanently Keeping Taxpayers...

WASHINGTON, DC - January 22, 2012 - (RealEstateRama) -- In a letter today, U.S. Senator Bob Corker, R-Tenn., a member of the Senate Banking, Housing and Urban Affairs Committee, urged federal banking regulators to simplify and synchronize underwriting ...

2012 housing market posts strong gains: Recovery is at hand with sales and price...

Albany, NY - January 22, 2012 - (RealEstateRama) -- The New York State housing market recovered strongly in 2012 as closed sales of existing single-family homes, condos and co-ops finished 7-percent ahead of 2011. There was a modest 1.2-percent growth ...

IBHS to Present Science of Building High Performance Homes at International Builders Show

WASHINGTON, D.C. - January 22, 2012 - (RealEstateRama) -- The Insurance Institute for Business & Home Safety (IBHS) is partnering with the National Institute for Building Science (NIBS) to teach a unique class about the science of building high performance homes at the 2013 International Builders Show in Las Vegas.

IREC Applauds Interconnection Victory for Small Renewable Energy Systems

WASHINGTON, D.C. - January 21, 2012 - (RealEstateRama) -- Proposed modifications announced yesterday by the Federal Energy Regulatory Commission (FERC) to the agency’s Small Generator Interconnection Procedures lay the groundwork for facilitating a more efficient interconnection process for small renewable generators, while maintaining safety and reliability.

Westside Estate Agency Lists Home of Artist Miriam Wosk

Torrance, CA - January 21, 2012 - (RealEstateRama) -- Westside Estate Agency (www.weahomes.com) has listed the Santa Monica home of mixed media artist Miriam Wosk, who passed away in 2010, for $12.5 million. Wosk’s work will also be the subject of a ...

Recent Gov & Nonprofit Real Estate Press Releases

Congresswoman Joyce Beatty

Rep. Beatty Announces Federal Funding to Advance Affordable Housing

This week, Congresswoman Joyce Beatty (OH-03) joined the Federal Home Loan Bank of Cincinnati (FHLB) and Homeport in celebrating the launch of the Rise Up program. The Rise Up