News

WASHINGTON, D.C. - January 11, 2012 - (RealEstateRama) -- Mortgage applications increased 4.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 6, 2012. The results include an adjustment to account for the New Year’s Day holiday.

Washington, DC - January 11, 2012 - (RealEstateRama) -- NeighborWorks America, one of the largest sources of community development capital in the U.S. , today announced that the NeighborWorks network invested more than $1.3 billion into rental housing in the fiscal year ended Sept. 30, 2011. In addition, the number of rental homes owned or managed by the NeighborWorks network exceed 90,000 at Sept. 30.

Washington, DC - January 11, 2012 - (RealEstateRama) -- Realtors® have always been active in their communities, and thanks to REALTOR® Magazine’s Good Neighbor Society, they can become even bigger assets to those in need through the Volunteering Works program. The program, which matches Realtors® who would like to expand their community service outreach with a mentor, is now seeking entries.

For Immediate Release: Kill Devil Hills, NC – Red Sky Realty Group, www.redskyrealty.com, a consumer driven, technology focused North Carolina real estate brokerage based on the Outer Banks is pleased to announce a new member to our Outer Banks r...

January 10, 2012 - (RealEstateRama) -- The City of Springfield has issued Requests for Proposals (RFP’s) for purchase and redevelopment of three historic homes in the Maple Street area. These vacant and deteriorated houses have been negatively impact...

WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial services industry, has been selected by Generation Mortgage Company to replace its homegrown lending system with Mortgage Cadence’s enterprise lending platform, Orchestrator®, Finale Document Services and the Mortgage Cadence Opus imaging solution. This completely configurable end-to-end product suite will support their need for greater efficiency and scalability in multiple business channels under the umbrella of a single solution.

WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA) issued the following reaction to the white paper released by the Federal Reserve, titled, "The U.S. Housing Market: Current Conditions and Policy Considerations."

January 10, 2012 - (RealEstateRama) -- U.S. Energy Secretary Steven Chu hosted a conference call today with Governor Brian Schweitzer to announce that Montana has surpassed its aggressive energy efficiency goal established with the U.S. Department of E...

January 10, 2012 - (RealEstateRama) -- U.S. Energy Secretary Steven Chu hosted a conference call today with Congresswoman Tammy Baldwin (D-WI) to announce that Wisconsin has surpassed its aggressive energy efficiency goal established with the U.S. Depa...

Washington, DC - January 10, 2012 - (RealEstateRama) -- To provide its members with the tools and expertise to build their business and better serve clients, the National Association of Realtors® and The CE Shop, Inc., have entered into a partnership to provide continuing education for Realtors® taking online designation and certification courses at REALTOR® University’s School of Professional Development & Continuing Education.

WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- Construction employment increased in December by 17,000 driven by gains in nonresidential construction employment, according to an analysis of new federal employment data released today by the Associated General Contractors of America. Association officials said that construction employment likely benefitted from unseasonably warm weather across much of the country that extended the construction season.

WASHINGTON, DC - January 10, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the December edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. Data in the December Housing Scorecard show some subtle improvements in the market over the past year, but underscore fragility as the overall outlook remains mixed. For example, new and existing home sales rose compared to the prior month and remain higher than a year ago, and homes are more affordable than they have been since 1971.

LOS ANGELES, CA - January 10, 2012 - (RealEstateRama) -- Commercial real estate investment banking firm George Smith Partners has successfully arranged $16 million in construction financing for DJM Capital Partners, Inc., whose affiliate is the owner o...

NEW ORLEANS, LA - January 10, 2012 - (RealEstateRama) -- 365 Connect, the New Orleans based, award-winning online technology platform provider for the multifamily industry, announced today that its President and CEO, Kerry W. Kirby, was named in the Si...

WASHINGTON, DC - January 10, 2012 - (RealEstateRama) -- U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan announced today that 13 communities across the U.S. will receive $3.6 million in Choice Neighborhoods Planning Grants. (See attached list (PDF)and project summary for this all of the grantees (PDF).)

WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- Up until now, one of the few things home builders had in common with football players was that builders constructed the houses where millions of families watched their favorite NFL teams compete each week. But with Touchdown for Homes, a charitable outreach program of the National Association of Home Builders and the NFL Players Association, home builders and former NFL players are teaming up around the country to build or renovate homes for children or families in need and veterans.

WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- The number of housing markets showing measurable improvement nearly doubled in January with the addition of 40 new metros to the National Association of Home Builders/First American Improving Markets Index (IMI), released today. The IMI now boasts 76 improving markets, up from 41 in December, with 31 states and the District of Columbia represented by at least one entry.

Torrance, CA - January 10, 2012 - (RealEstateRama) -- Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the U.S., is reporting one of its most successful years in its 40-year history with more tha...

Torrance, CA - January 10, 2012 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker owned commercial brokerage firm, has closed on the $6.5 million sale of a 14,641-square-foot retail property leased by CVS Pharmacy, located at 1...

WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) has announced the finalists for NAHB’s 2012 Best of 50+ Housing Awards, the premier design and marketing competition for the 50+ housing industry. A total of 79 entries were chosen as finalists and are eligible for either a Gold or Silver Award from NAHB’s 50+ Housing Council.