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In Dayton, Brown Joins Homeowner Advocate to Call for Crackdown on Foreclosure “Robo-Signing” Practice...

DAYTON, OH - August 12, 2011 - (RealEstateRama) -- In the wake of reports that banks and mortgage processors have continued forging signatures and submitting false affidavits, U.S. Sen. Sherrod Brown (D-OH) called for renewed federal efforts to cr...

Franchise Sales Continue to Grow at RE/MAX

DENVER, CO - August 12, 2011 - (RealEstateRama) -- Even though the housing market continues to search for solid footing, global real estate franchisor, RE/MAX, continues to experience growth in its network.

VHCB AmeriCorps Program to Receive $1.1 Million, 3-Year Renewal Funding

Montpelier, VT - August 12, 2011 - (RealEstateRama) -- The Vermont Housing & Conservation Board (VHCB) announced today a $1,134,000 grant award from The Corporation for National and Community Service. The funding will allow VHCB to sponsor nearly 100 AmeriCorps members over three years to serve at more than 20 non-profit organizations throughout Vermont, addressing community needs in the areas of housing and homelessness, energy savings, and environmental protection.

State of Maine Announces Free Online Real Estate Transfer Tax Declarations Filing Service

AUGUSTA, ME - August 11, 2011 - (RealEstateRama) -- Titling companies and law offices preparing a property transfer tax declaration form in Maine can now do so more efficiently online, using the free Real Estate Transfer Tax Declarations online service...

Mortgage Broker Pleads Guilty in $20 Million Mortgage Fraud Scheme

MINNEAPOLIS, MN - August 11, 2011 - (RealEstateRama) -- Earlier today in federal court, an Edina mortgage broker pleaded guilty for his role in a $20 million mortgage fraud scheme that involved 57 properties. Derrick Ivan Lance, age 40, of Edina, speci...

MassHousing Closes $28.9 Million in Loans to Renovate and Preserve Nearly 500 Public Housing...

BOSTON, MA - August 11, 2011 - (RealEstateRama) -- MassHousing announced today that it has closed $28.9 million in loans to renovate and preserve nearly 500 public housing apartments in East Boston and Dorchester.

C.A.R. Q2 Housing Affodability Index

LOS ANGELES, CA - August 11, 2011 - (RealEstateRama) -- Housing affordability fell throughout most areas of the state in the second quarter of 2011, primarily due to a seasonal increase in home prices, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

FORECLOSURE-RESPONSE.ORG TEAM TO RELEASE LATEST DATA ON SERIOUS MORTGAGE DELINQUENCY AND FORECLOSURE RATES FOR...

August 11, 2011 - (RealEstateRama) -- On Tuesday, August 16, 2011, The Foreclosure-Response.org team—the Local Initiatives Support Corporation (LISC), Urban Institute and the Center for Housing Policy—will release the newest data on and analysis of seriously delinquent mortgages for all 366 U.S. metro areas as of March 2011.

R&B Singer Ne-Yo Purchases Home in Alpharetta, Georgia

August 11, 2011 - (RealEstateRama) -- Music producer and top recording artist, Ne-Yo and his fiancé, who are expecting their second child, are the newest residents of a prominent Alpharetta Golf Community. The couple recently closed on the European...

55+ Builders More Optimistic About Multifamily Rentals than New Home Sales

WASHINGTON, D.C. - August 11, 2011 - (RealEstateRama) -- Builders in the 55+ housing market are significantly more optimistic about production and demand for multifamily rental units than they are for sales of single-family homes or multifamily condos, according to the latest 55+ Housing Market Indices that are compiled quarterly by the National Association of Home Builders (NAHB).All of the components measuring production and demand for 55+ multifamily rental units increased significantly in the second quarter of 2011 compared to the same period a year ago.

Deadline to Submit SBA Disaster Loan Application Approaching For Caledonia and Washington County Disaster...

August 10, 2011 - (RealEstateRama) -- The U.S. Small Business Administration reminds homeowners, renters, businesses and non-profit organizations located in Vermont that Sept. 6 is the deadline to submit their disaster loan applications for physical da...

HUD UNVEILS NEW TOOL TO ATTRACT PRIVATE CAPITAL INTO NEIGHBORHOODS RECOVERING FROM FORECLOSURE

WASHINGTON, DC - August 10, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today launched a new web-based mapping tool displaying the location all foreclosed properties being held by Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA). These foreclosed homes collectively account nearly half of all real estate-owned or REO properties in the U.S. HUD’s REO Portal is intended to help local communities, homebuyers and responsible investors to acquire these properties and accelerate efforts to stabilize local housing markets.

Tom Hoch Selected as Design Consultant for The Amelia Island Club’s Long Point Clubhouse...

OKLAHOMA CITY, OK - August 10, 2011 - (RealEstateRama) -- Tom Hoch -- a pioneer in revenue-based design and turn-key, design-build interior design solutions -- has been selected as design consultant for The Amelia Island Club’s Long Point Clubhouse expansion and renovation.

Attorney General targets illegal Florida-based foreclosure company

August 10, 2011 - (RealEstateRama) -- Zoeller: Company illegally operated in 15 Indiana counties, failed to pay refunds DANVILLE, Ind. - Indiana Attorney General Greg Zoeller visited Hendricks County today and filed a complaint against Legal Home Loa...

Florida’s Existing Home, Condo Sales Up in 2Q 2011

ORLANDO, FL - August 10, 2011 - (RealEstateRama) -- Florida’s existing condo sales rose 8 percent in June with a total of 7,922 units sold statewide compared to 7,330 sold in June 2010, according to the latest housing data released by Florida Realtors®. The statewide existing condo median sales price last month was $94,100; a year earlier, it was $92,300 for a 2 percent increase. The national median existing condo sales price was $165,400 in May 2011, according to the National Association of Realtors® (NAR).Statewide home and condo sales in the second quarter also increased over 1Q 2011’s sales figures, Florida Realtors’ records show. For 2Q 2011, statewide sales of existing homes rose 17.7 percent over the previous quarter’s activity; statewide existing condo sales increased 8.1 percent over the 1Q 2011 level.

FHFA, Treasury, HUD Seek Input on Disposition of Real Estate Owned Properties

Washington, DC - August 10, 2011 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA), in consultation with the U.S. Department of the Treasury and Department of Housing and Urban Development (HUD), has announced a Request For Information (RFI), seeking input on new options for selling single-family real estate owned (REO) properties held by Fannie Mae and Freddie Mac (the Enterprises), and the Federal Housing Administration (FHA).

Mortgage Applications Increase Significantly, Driven by Surge in Refinance Activity

WASHINGTON, D.C. - August 10, 2011 - (RealEstateRama) -- Mortgage applications increased 21.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 5, 2011.

Second Quarter Metro Area Prices Mixed with Little Change, State Sales Down

Washington, DC - August 10, 2011 - (RealEstateRama) -- Median existing-home prices declined modestly in the second quarter with 27 percent of metropolitan areas experiencing price gains from a year ago, while state home sales declined from the second quarter of 2010, according to the latest quarterly report by the National Association of Realtors®.

Charles Dunn Company Completes $4.22 Million Sale of an 18-Unit

LOS ANGELES, CA - August 10, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $4.22 million sale of an 18-unit multifamily property that was built in 2002 and is located at 821 Wilcox Ave. in Los Angeles.

U.S. Vets Awarded $230,000 Department of Labor Grant

Washington D.C. - August 9, 2011 - (RealEstateRama) -- Congresswoman Shelley Berkley today announced that Nevada will receive nearly $230,000 in federal grant funding to provide homeless veterans with job training. The funding was awarded by the U.S. Department of Labor to U.S. Vets in Southern Nevada

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

The Impact of High Speed Rail on Real Estate in China

In recent years, the interplay between high-speed rail (HSR) systems and land markets has emerged as a topic of significant interest. Despite the growing attention, the specific effects and underlying mechanisms of HSR on land prices have not been extensively studied. Our research aims to bridge this gap by analyzing China's land transaction data.