Archives

FRANKFORT, KY - January 30, 2012 - (RealEstateRama) -- The Administrative Office of the Courts will move its facilities to a new location in Frankfort under a lease-to-purchase contract signed last week with Home Depot. The agreement will allow the AOC...

WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- Following three consecutive months of gains, sales of newly built, single-family homes edged down 2.2 percent to a seasonally adjusted annual rate of 307,000 units in December, according to newly released figures from the U.S. Commerce Department.

WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- Following three consecutive months of gains, sales of newly built, single-family homes edged down 2.2 percent to a seasonally adjusted annual rate of 307,000 units in December, according to newly released figures from the U.S. Commerce Department.

Washington, DC - January 26, 2012 - (RealEstateRama) -- Congressman Mike Thompson (CA-1), joined by Democratic Members of the California Congressional Delegation, today welcomed the President’s proposal from the State of the Union to provide responsi...

January 26, 2012 - (RealEstateRama) -- Montgomery County Executive Ike Leggett today joined representatives of the County’s agriculture industry, County Council, Department of Economic Development (DED) and other invited industry and business guests ...

WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today issued the following statement.

WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Peter J. Grace to be MBA’s new Vice President of Strategic Planning and Internal Technology. Mr. Grace will facilitate the implementation of strategic initiatives through a coordinated project management and leadership role. Mr. Grace will manage cross-functional alignment on strategic initiatives that include broad membership engagement and coordination. He will also be responsible for managing MBA’s internal technology activities.

WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- In the annual State of the Union address last night, President Barack Obama offered his “Blueprint for an America Built to Last,” which centers on reducing the disparities in income and wealth among Americans. He wants people of means to pay their fair share of taxes and he wants to improve the prospects for low and middle income Americans to get good jobs that pay a fair wage. He appealed to Congress to set aside ideological differences and act together on behalf of the American people.

DETROIT - January 26, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Assistant Secretary Sandra B. Henriquez today joined Detroit Mayor Dave Bing to announce a transition plan to return the Detroit Housing Commission to local control. HUD assumed control of the agency in 2005.

WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- Hudson Realty Capital LLC has funded a $4 million bridge loan involving two multi-family rental properties in Washington, D.C. The borrower utilized the loan proceeds to pay off the properties’ existing mortgage, which had matured, and to fund necessary reserves.

WASHINGTON, DC - January 26, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging the owner of a 24-unit apartment building in Holyoke, Massachusetts, with housing discrimination for denying units to families that have children. HUD’s charge alleges that Nilma Fichera, who owns and manages New York-based N.A.G. Realty, LLC, violated the Fair Housing Act when she refused to show or rent apartments to families with children because she could not certify that the building was free of lead-based paint.

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.

Washington, DC - January 25, 2012 - (RealEstateRama) -- Yesterday, the House Judiciary Committee approved H.R. 1433, “The Private Property Rights Protection Act of 2011.” Introduced by Congressman James Sensenbrenner (R-WI) and Congresswoman Maxin...

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...

SACRAMENTO, CA - January 25, 2012 - (RealEstateRama) -- California saw the third-lowest yearly housing permit total and the worst yearly total on record for single-family units in 2011, the California Building Industry Association announced today.

COLUMBIA, S.C. - January 25, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its 2011 Year-End Statewide Market Report and video.

Burlington, VT - January 25, 2012 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), one of the largest, privately held non-bank lenders in the US, is pleased to announce the opening of their new retail location in Burlington, VT. Located in one of the New England area’s most thriving cities, REMN’s new Burlington office will be staffed by local lending experts who will bring the company’s customer-focused approach to mortgage products to residents and real estate professionals across the New England area.

WASHINGTON, D.C. - January 25, 2012 - (RealEstateRama) -- Despite a slight decrease in the overall number of people experiencing homelessness, indicators suggest that homelessness may affect more and more Americans in the coming years. In a report to be released at a press conference Wednesday, January 18, the National Alliance to End Homelessness examines the levels of homelessness at both state and national levels, and also examines issues related to homelessness including severe housing cost burden, doubling up, unemployment, and foreclosure.

CHICAGO, IL - January 25, 2012 - (RealEstateRama) -- Chicago real estate executive Richard Tannenbaum, CRE®, principal, E.L.K. Capital Advisors LLC (E.L.K.), has assumed the role of one of three 2012 liaison vice chairs of the board of The Counselors of Real Estate®, an international organization of top-level commercial real estate advisors headquartered in Chicago. Tannenbaum began his one-year term on November 5 at the organization’s recent annual convention in Washington, D.C.

AUSTIN, TX - January 25, 2012 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) and State Senator Judith Zaffirini today announced a $542,000 award to the City of Taft that will help fund home repairs for low income ho...