News

Washington, DC - August 26, 2011 - (RealEstateRama) -- As homeowners across the East Coast brace for Hurricane Irene and the heavy rains that are expected to fall over the next few days, the current threat underscores the importance of flood insurance, which is the only way for homeowners to financially protect their property or businesses from flood damages.

ARLINGTON, VA - August 26, 2011 - (RealEstateRama) -- The AGC Education and Research Foundation (AGCERF) announced that 100 Construction and Civil Engineering students from across the nation received $2,500 scholarships to pursue their construction careers

August 26, 2011 - (RealEstateRama) -- LANSING The Michigan State Housing Development Authority (MSHDA) announced today that it has issued bonds in the aggregate principal amount of $70,000,000 on July 26, 2011, and will use the proceeds of such bond...

August 26, 2011 - (RealEstateRama) -- Montgomery County today launched the Residential Energy Efficiency Rebate Program that will provide incentives of up to $3,000 to owner occupants of single family homes and condominiums who make new energy effic...

VALPARAISO, IN - August 26, 2011 - (RealEstateRama) -- Indiana Attorney General Greg Zoeller filed a lawsuit today against two out-of-state credit services and foreclosure consultant companies that were operating illegally in Indiana.

JEFFERSON CITY, MO - August 26, 2011 - (RealEstateRama) -- State Treasurer Clint Zweifel (ZWY-ful) issued a statement today following the ratification of a $122 million housing plan to tackle homelessness in Missouri. The plan was approved unanimous...

DENVER, Co - August 26, 2011 - (RealEstateRama) -- Symantha Rodriguez, a leading real estate professional with Kentwood City Properties, is the newest member of Barbara Corcoran’s inner circle, the international real estate network that’s changin...

WESTBURY, N.Y. - August 26, 2011 - (RealEstateRama) -- A private New York City-based company has acquired 1600 Stewart Avenue, a 220,000-square-foot office building. Cushman & Wakefield, Inc.'s Metropolitan Area Capital Markets Group (CMG) represented the undisclosed seller and procured the buyer.

LOS ANGELES, CA - August 26, 2011 - (RealEstateRama) -- Recognizing that short sales will be a part of the California real estate landscape for years to come and with more REALTORS® continuing to experience difficulty in closing short sales, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) recently sent letters to the heads of the nation’s four top lenders and servicers, urging more improvements in the short-sale process.

LOS ANGELES, CA - August 26, 2011 - (RealEstateRama) -- California pending home sales dipped in July, as did the share of sales of distressed properties, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

ANCHORAGE, AK - August 26, 2011 - (RealEstateRama) -- Alaska Housing Finance Corporation (AHFC) board of directors, at its annual meeting, this year held in Cordova, re-elected Frank Roppel of Wrangell to serve as the board chair. Governor Murkowski...

WASHINGTON, D.C. - August 26, 2011 - (RealEstateRama) -- The number of construction fatalities declined by nearly 10 percent between 2009 and 2010 and by almost 40 percent during the past five years, according to an analysis of new federal data prepared by the Associated General Contractors of America. Association officials pointed to an industry-wide commitment to improving workplace safety as a key reason for the safety improvements.

WASHINGTON, D.C. - August 26, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its mid-year ranking of commercial and multifamily mortgage servicers as of June 30, 2011. On top of the list of firms is Wells Fargo with $442.9 billion in U.S. master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $346.5 billion, Berkadia Commercial Mortgage with $184.2 billion, Bank of America Merrill Lynch with $123.7 billion and KeyBank Real Estate Capital with $107.7 billion.

ORLANDO, FL - August 25, 2011 - (RealEstateRama) -- Florida Realtor, the Business Magazine of Florida Real Estate and monthly trade publication of Florida Realtors®, recently won six awards in the 2011 Florida Magazine Association’s (FMA) competition.Florida Realtor won a total of four Charlie Awards, the competition’s top honor or gold standard, including one for Best Overall Magazine and one for Best Written Magazine in its Trade/Technical category. Under writing excellence, the magazine received a Charlie Award for Best Department (Makeover) and another Charlie Award for Best Column (Tech & You).

WASHINGTON, D.C. - August 25, 2011 - (RealEstateRama) -- The Federal Trade Commission put an end to three schemes that claimed they would help consumers with their mortgage and debt problems, as part of settlements with defendants who allegedly claimed a bogus affiliation with government assistance programs.

WASHINGTON, DC - August 25, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) is charging RiverBay Corporation, a housing cooperative located in the Bronx, and two of its employees with violating the Fair Housing Act for denying a disabled man’s reasonable accommodation request. HUD brings the charge on behalf of the disabled tenant, claiming that RiverBay refused to allow the tenant to have a medically prescribed emotional support animal and that the cooperative’s security officers harassed the tenant because of the service animal.

WASHINGTON, D.C. - August 25, 2011 - (RealEstateRama) -- A coalition of 45 national organizations sent a letter to President Barack Obama’s domestic policy and economic teams today asking that the Administration include at least $10 billion for the National Housing Trust Fund in the President’s jobs-creation plan.

WASHINGTON, D.C. - August 25, 2011 - (RealEstateRama) -- The latest Mortgage Bankers Association (MBA) mortgage report shows a rise in 30-day delinquencies, including an increase in late payments on prime, fixed-rate mortgages. Overall, the picture hasn’t changed significantly from first quarter, as one in 11 mortgage holders remains at serious risk of foreclosure (60 days delinquent or more).

Washington, DC - August 25, 2011 - (RealEstateRama) -- Commercial real estate vacancy rates are flat and projections for growth have been moderated because economic growth and job creation have been weaker than expected, but modest improvements are expected over the coming year, according to the National Association of Realtors®

Washington, DC - August 25, 2011 - (RealEstateRama) -- To help develop policies that will stabilize the nation’s housing market and support an economic recovery, the National Association of Realtors® urges the White House to host a summit of policy makers, industry leaders and government stake holders focused on revitalizing the nation’s housing