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Chase Adopts Loan Benefits to Help Expanding Families

NEW YORK, Nov. 26, 2007 - Chase today introduced New Additions, a discounted home-equity loan program to help families pay the often steep expenses of adopting a child.

Want to sell your house at a nice price?

In early October, when Dorte and Houschang Pakpour put their Mediterranean-style villa in Laguna Beach, Calif. on the market, they put a little extra bait on the hook. In the glossy sales brochure touting the ocean and canyon views, European gardens and cathedral ceilings, the Pakpours noted that seller financing was available.

Mortgage Applications Decrease In Latest MBA Weekly Survey

WASHINGTON, D.C., November 21, 2007 — The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 16, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 681.7, a decrease of 3.6 percent on a seasonally adjusted basis from 707.3 one week earlier. On an unadjusted basis, the Index decreased 5.2 percent compared with the previous week and was up 9.8 percent compared with the same week one year earlier

Real Estate in 2008 – Realtors Share Ideas for 2008 Real Estate Market

In only one week, hundreds of top real estate agents from across the country have contributed over 1,000 ideas to publish Real Estate in 2008. During the National Association of Realtors (NAR) annual conference in Las Vegas from November 12-16, 2007, the conference helped to write and publish an entire book of ideas.

RealAsell.com: A New Web Site Promises to Help Homeowners Sell in 30 Days or...

Can homeowners really sell their homes in 30 days or less without a Realtor? Jennifer Gibson of RealAsell.com thinks so. The new Web site boasts a "Sell in 30 days or Less... Guaranteed" service by providing its clients the opportunity to gain additional exposure through the RealAsell.com national lender network.

Best And Worst U.S. Housing Markets

Scaled-back lending practices, risky loans, oversupply and low demand continue to plague the nation's housing markets, driving down prices and stalling sales.

Mortgage Applications Fell Last Week

The weekly Mortgage Application Index fell 3.6 percent last week on a seasonally adjusted basis to 707.3. On an unadjusted basis, the index declined 5.2 percent compared to the previous week, but was up 9.8 percent compared with the same week last year.

Most Metro Areas See Modest Price Gains

The vast majority of U.S. metropolitan areas showed rising or stable home prices in the third quarter, with most experiencing modest gains compared with a year earlier, says the latest quarterly survey by the NATIONAL ASSOCIATION OF REALTORS

MY HOME: THE AMERICAN DREAM

PARSIPPANY, N.J. (Nov. 19, 2007) – Coldwell Banker Real Estate LLC announces the launch of its third “My Home: The American Dream” contest. In collaboration with Scholastic, the global children’s publishing, education and media company, Coldwell Banker® invites students in kindergarten through eighth grade to tell their personal stories, through images and words, about how their houses, apartments, or condominiums are not just places they live, but homes where dreams are shared and memories are made.

Home Starts Up, Mostly Due to Multi-Family

U.S. home builders broke ground on more apartment buildings in October, driving housing starts up 3 percent to an unexpected seasonally adjusted rate of 1.229 million, the Commerce Department reported Tuesday

Median Home Prices Rise in Most Metros; Majority Show Modest Gains

WASHINGTON, Nov. 21 /PRNewswire-USNewswire/ -- The vast majority of metropolitan areas showed rising or stable home prices in the third quarter with most experiencing modest gains compared with a year earlier, despite a broad decline in existing-home sales, according to the latest quarterly survey by the National Association of Realtors.

Loan and Share Growth Continues

Alexandria, VA, Nov. 20, 2007 -- Federally insured credit unions reported strong asset and share growth through September 30, 2007, according to third-quarter 2007 Call Report data submitted by the nation’s 8,163 federally insured credit unions.

The FDIC Issues Tips on Shopping for and Negotiating a Good Mortgage in the...

Environmental awareness may be rising, but when it comes to buying a home, green by itself is not an easy sale, according to green market experts who spoke at “The Business Benefits of Green” during the 2007 REALTORS® Conference & Expo last week.

Commercial Market Shows Signs of Leveling Off

Commercial real estate market activity is expected to level out, suggesting stable business opportunities for commercial practitioners in the months ahead, according to a NATIONAL ASSOCIATION OF REALTORS® forward-looking index for the commercial real estate sectors.

Video: Proposals in Congress Could Leave Taxpayers Footing the Bill in Subprime Mortgage Crisis

WASHINGTON, Nov. 20 /PRNewswire/ -- Subprime mortgage troubles continue as Congress considers proposals impacting taxpayers. The measures would give the federal housing administration or FHA - the largest mortgage insurer - and Freddie Mac and Fannie Mae - the largest mortgage lender - a larger role in the housing market.

Have You Overlooked a Key Market?

Many salespeople are overlooking fast-growing demographic groups containing large swaths of underserved consumers, says Frances Martinez Myers, senior vice president of business development at Prudential Fox & Roach.

AEW Capital Management, LP Selects AssetEye to Improve Business Processes and Streamline Reporting for...

NEW YORK, November 19, 2007 – AssetEye Inc, a leading provider of portfolio management solutions for real estate, today announced that AEW Capital Management, LP has selected AssetEye’s Portfolio Manager for deployment in its U.S. and Asian offices. AEW and its affiliates provide real estate investment management services to investors worldwide and currently manage over $41 billion of real estate assets

Congressman Sestak Supports New Standards for Mortgage Brokers

Washington, D.C., Nov. 15, 2007 – The mortgage crisis has forced a record number of working and middle class families out of their homes this year and more than two million American families face the prospect of foreclosure by the end of 2008. For these individuals, finding a reliable mortgage company is of utmost importance as they struggle to keep their homes.

Dr. Coburn Criticizes Senate for Rushing and Attempting to Ban Debate on Critical Mortgage...

WASHINGTON, D.C., Nov. 15, 2007 – U.S. Senator Tom Coburn, M.D. (R-OK) released the following statement today regarding the Senate’s attempt to pass a complex and critical mortgage reform bill without the opportunity for debate or amendment.

House Passes Historic Mortgage Reform Legislation

Washington, DC, Nov. 15, 2007 - The U.S. House of Representatives today approved historic bipartisan legislation to reform mortgage and anti-predatory lending practices by a vote of 291 to 127. H.R. 3915, the “The Mortgage Reform and Anti-Predatory Lending Act of 2007” will establish a national standard to rein in the abusive lending practices that contributed to the current mortgage crisis

Business Real Estate Press Releases

Capitol Square_KTGY

Construction is Underway on Affordable Apartment Community in Denver

KTGY, a leading full-service architecture, branding, interior and planning firm focused on residential, hospitality, mixed-use developments and neighborhood revitalization, announced today that construction is underway on Capitol Square Apartments

Recent Gov & Nonprofit Real Estate Press Releases

WHITEHOUSE STATEMENT ON BIDEN’S JOBS AND INFRASTRUCTURE PROPOSAL

U.S. Senator Sheldon Whitehouse, a senior member of the Senate Environment and Public Works Committee, today released the following statement regarding President Biden’s Build Back Better proposal: