Archives

BALTIMORE, MD - October 20, 2011 - (RealEstateRama) -- Attorney General Douglas F. Gansler is warning landowners that signing a mineral rights lease could conflict with some requirements of their federally-approved home or farm mortgage. To ensure thei...

Boston, MA - October 20, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today joined Cardinal Seán P. O’Malley, Archbishop of Boston, the Planning Office for Urban Affairs (POUA), Pine Street Inn, and a number of state and local officials to cele...

WASHINGTON, D.C. - October 20, 2011 - (RealEstateRama) -- With the Department of Energy (DOE) reporting an increase in the price for most heating fuels this winter, Congressmen Edward J. Markey (D-Mass.), James P. McGovern (D-Mass.), Steven C. LaTouret...

October 20, 2011 - (RealEstateRama) -- The Montgomery County Department of Environmental Protection (DEP) announced that 43 businesses, multi-family properties and faith-based organizations are in various stages of completing energy efficiency projects...

ORLANDO, FL - October 20, 2011 - (RealEstateRama) -- Florida’s existing home and existing condo sales continued their upswing in September, according to the latest housing data released by Florida Realtors®. Existing home sales increased 10 percent ...

ANCHORAGE, AK - October 20, 2011 - (RealEstateRama) -- Of the 6,460 homeless people counted statewide by all the service providers this year, more than half lived in Anchorage, 11 percent have chronic substance abuse issues, and six percent are veteran...

October 20, 2011 - (RealEstateRama) -- U.S. Senator Richard Shelby, ranking Republican on the Senate Committee on Banking, Housing and Urban Affairs, today made the following statement at a Committee hearing on the 30-year, fixed rate mortgage

WASHINGTON, D.C. - October 20, 2011 - (RealEstateRama) -- The Prometheus Real Estate Group, based in San Mateo, Calif., took top honors as 2011 Property Management Company of the Year in the National Association of Home Builders’ (NAHB) Multifamily Pillars of the Industry Awards competition.

WASHINGTON, DC - October 20, 2011 - (RealEstateRama) -- Very-low income women who have the opportunity to move from high-poverty neighborhoods into lower poverty areas are significantly less likely to be extremely obese or to have diabetes. Those are among the key findings of a study by the U.S. Department of Housing and Urban Development. An article published today in the New England Journal of Medicine (NEJM) highlights the positive health findings, which the U.S. Department of Housing and Urban Development previewed today.

WASHINGTON, DC - October 20, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income re...

WASHINGTON, DC - October 20, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $26.6 million in “sweat equity” grants to produce at least 1,477 affordable homes for low-income individuals and families. Funded through HUD’s Self-Help Homeownership Opportunity Program (SHOP), the funding awarded today, along with the labor contributed by these households, will significantly lower the cost of homeownership.

Washington, DC - October 20, 2011 - (RealEstateRama) -- Existing-home sales were down in September on the heels of a strong gain in August, but remain well above a year ago, according to the National Association of Realtors®.

WASHINGTON, D.C. - October 20, 2011 - (RealEstateRama) -- As noted by the Wall Street Journal, MSNBC and other media outlets, the Republican presidential candidates let a great opportunity slip away during Tuesday night’s presidential debate to explain how they would address the nation’s housing problems in order to get the housing market and economy back on track, according to the National Association of Home Builders (NAHB).

Washington, D.C. - October 19, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today charged Citigroup’s principal U.S. broker-dealer subsidiary with misleading investors about a $1 billion collateralized debt obligation (CDO) tied to the U.S. housing market in which Citigroup bet against investors as the housing market showed signs of distress. The CDO defaulted within months, leaving investors with losses while Citigroup made $160 million in fees and trading profits.

WASHINGTON, D.C. - October 19, 2011 - (RealEstateRama) -- Nationwide housing starts rose 15 percent to a seasonally adjusted annual rate of 658,000 units in September, marking the strongest pace of residential construction since April of 2010, according to figures released by the U.S. Commerce Department today. The gain was largely attributed to a sharp increase on the multifamily side, which has been trending upward due to increased demand for rental apartments.

WASHINGTON, D.C. - October 19, 2011 - (RealEstateRama) -- NAHB Remodelers named Mike Nagel, CGR, CAPS, of Men at Work Chicago, the 2011 Remodeler of the Year in recognition of his professional remodeling achievements and support of industry professionalism. The award was given at the NAHB Remodelers awards gala held last week during the Remodeling Show in Chicago.

GARDINER, ME - October 19, 2011 - (RealEstateRama) -- Bureau of Financial Institutions’ Superintendent Lloyd P. LaFountain, III has released results from a quarterly survey covering residential mortgage loans held by Maine’s 32 state-chartered bank...

TOPEKA, KS - October 19, 2011 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) has awarded approximately $1.9 million in Homeowner Rehabilitation (HR) grants to eleven communities to facilitate the renovation, accessibility and weather...

Jackson, MS - October 19, 2011 - (RealEstateRama) -- Finding ways to stay warm with the arrival of the first cold weather of the year greatly increases the risk for home heating fires. Commissioner of Insurance and State Fire Marshal Mike Chaney urges ...

MINNEAPOLIS, MN - October 19, 2011 - (RealEstateRama) -- Earlier today in federal court, a Minnesota couple was indicted in connection with a $5 million mortgage fraud scheme. James Warren Hoffman, age 51, and his wife, Teresa Gay Hoffman, age 52, both...