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Strong Investment Home Sales Demonstrate Limited Need for Bulk REO Sales Program, Say Realtors®

Washington, DC - March 29, 2012 - (RealEstateRama) -- Investment home purchases represented nearly one-third of all existing-home sales last year, according to a National Association of Realtors® report on second homes released today. This robust investment activity underscores the importance of limiting the government’s use of real estate owned (REO) bulk sales, as NAR recommended in a letter sent to regulators this week.

NAREE June real estate journalism conference in Denver to include tour and Saturday visit...

DENVER, CO - March 29, 2012 - (RealEstateRama) -- NAREE has extended its news-making June real estate journalism conference in Denver to include an informative tour and Saturday visit option to the premier resort of Vail, Colorado.

Investment and Vacation Home Sales Surge in 2011

Washington, DC - March 29, 2012 - (RealEstateRama) -- WASHINGTON (March 29, 2012) – Sales of investment and vacation homes* jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors®.

Statement from NAHB Chairman Barry Rutenberg on Sen. Barrasso’s Water Bill

WASHINGTON, D.C. - March 29, 2012 - (RealEstateRama) -- Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., today issued the following statements regarding S. 2245, the Preserve Waters of the United States Act. Introduced by Sen. John Barrasso (R-Wyo.) and 29 other Senators from across the country, this legislation will prevent the Environmental Protection Agency (EPA) and U.S. Army Corps of Engineers (Corps) from using a draft guidance to dramatically expand the scope of the Clean Water Act

Rep. Susan Davis Announces Funding to Help San Diego’s Homeless Veterans

WASHINGTON, DC - March 28, 2012 - (RealEstateRama) -- Congresswoman Susan Davis (D-San Diego) announced $1.2 million for San Diego to help homeless veterans as part the Department of Housing and Urban Development Veteran’s Affairs Supportive Housing ...

Levin, Stabenow Announce Michigan Housing Agencies to Receive $1.3 Million in Grants for Housing...

WASHINGTON, DC- March 28, 2012 - (RealEstateRama) -- Seven Michigan housing agencies will receive more than $1.3 million in grants to help provide housing for homeless veterans, Sens. Carl Levin and Debbie Stabenow announced Tuesday.

LATHAM VOTES TO EXPAND ASSISTANCE TO HOMELESS VETERANS

Washington, DC - March 28, 2012 - (RealEstateRama) -- Iowa Congressman Tom Latham on Tuesday voted in favor of bipartisan legislation to extend new help to homeless veterans.

New Urban Land Institute Survey, ULI Real Estate Consensus Forecast, Projects Improvements for the...

WASHINGTON, DC - March 28, 2012 - (RealEstateRama) -- A new Urban Land Institute survey of 38 leading real estate economists and analysts from across the United States projects broad improvements for the nation’s economy, real estate capital markets, real estate fundamentals and the housing industry through 2014. The findings, released today, mark the start of a semi-annual survey of economists, the ULI Real Estate Consensus Forecast, being conducted by the ULI Center for Capital Markets and Real Estate. The survey results show reason for optimism throughout much of the real estate industry. Over the next three years:

NYU FURMAN CENTER QUARTERLY HOUSING REPORT FINDS HOME SALES DOWN IN EVERY BOROUGH, FORECLOSURES...

WASHINGTON, D.C. - March 28, 2012 - (RealEstateRama) -- According to the New York City Quarterly Housing Update (Q4 2011) released by NYU's Furman Center for Real Estate and Urban Policy, home sales volume continued to decline in the fourth quarter of 2011, with the number of transactions citywide down 15 percent from the previous quarter and 11 percent from the fourth quarter of 2010.

Refinance Applications Drop for Sixth Consecutive Week

WASHINGTON, D.C. - March 28, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 23, 2012.

New Green Code to Help Architects Usher in a New Era of Sustainability in...

Washington, D.C., March 27, 2012 – The American Institute of Architects (AIA) announced its support for the International Green Construction Code (IgCC), a new model code expected to help conserve energy in both commercial buildings and residential structures while providing direction for safe and sustainable building design and construction. The International Code Council (ICC) will publish the IgCC tomorrow, March 28.

New York Fed Develops New Tool to Analyze Local Housing Market; Regional Mortgage Conditions...

NEW YORK, NY - March 27, 2012 - (RealEstateRama) -- The Federal Reserve Bank of New York today introduced a new interactive online tool providing mortgage delinquency and foreclosure information for each county in New York, New Jersey and Connecticut.

A.G. Schneiderman Announces $4 Million Settlement With New York Foreclosure Law Firm Steven J....

NEW YORK, NY - March 27, 2012 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced an agreement with Steven J. Baum P.C. (“Baum Firm”), Pillar Processing, LLC (“Pillar”), Steven J. Baum, and Brian Kumiega requiring them t...

PA Treasurer McCord Returns Over $12,000 in Unclaimed Property to Pittsburgh Public Schools; Says...

Pittsburgh, PA - March 27, 2012 - (RealEstateRama) -- As school districts across Pennsylvania face state funding cuts and budget deficits, Pennsylvania Treasurer Rob McCord reminded public school officials to see if their districts may be owed unclaime...

PENNSYLVANIA HOUSING FINANCE AGENCY HONORS ITS TOP TEN HOME LOAN LENDERS

HARRISBURG - March 27, 2012 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency held its annual homeownership program awards ceremony today at its headquarters to honor its leading lenders. These lenders assist homebuyers throughout the state...

Murphy Announces New Federal Housing Dollars for Homeless Vets in Waterbury

WASHINGTON, DC - March 27, 2012 - (RealEstateRama) -- Congressman Chris Murphy today announced that the Waterbury Housing Authority will receive $257,629 for 40 vouchers to help the region's homeless veteran population through the U.S. Department of Ho...

Mayor Menino Announces 3D Campaign to Preserve Boston’s Iconic Triple Deckers

March 27, 2012 - (RealEstateRama) -- Mayor Thomas M. Menino hosted hundreds of homeowners and potential homebuyers at the Boston Home Center’s Housing Expo at the Perkins Community Center where he launched the new $3M 3D Campaign. The 3D Campaign i...

MassHousing Closes $6.1 Million Loan to Preserve Affordable Housing in Boston

BOSTON, MA - March 27, 2012 - (RealEstateRama) -- MassHousing announced today that it has closed a $6.1 million loan for the acquisition, preservation and renovation of the 45-unit Lucerne Gardens in Dorchester.

HUD Secretary Donovan, AG Gansler Highlight Mortgage Settlement Benefits for Maryland Families with State,...

Largo, MD - March 27, 2012 - (RealEstateRama) -- Maryland Attorney General Douglas F. Gansler joined U.S. Housing and Urban Development Secretary Shaun Donovan today for an informal roundtable discussion of the $25 billion National Mortgage Servicing S...

County Residents Invited to Attend 12th Annual Housing Fair and Financial Fitness Day

March 27, 2012 - (RealEstateRama) -- The Montgomery County Department of Housing and Community Affairs (DHCA), in partnership with the Montgomery County Housing Fair Committee, will host the 12th Annual Montgomery County Housing Fair and Financial Fitn...

Recent NAR Press Releases

NAR

More Than 90% of Metro Areas Recorded Home Price Increases in...

More than 90% of metro markets (205 out of 221, or 93%) posted home price gains in the first quarter of 2024, as the 30-year fixed mortgage rate ranged from 6.60% to 6.94%, according

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