Archives

May 6, 2011 - (RealEstateRama) -- The Hampton City Council is seeking a Hampton resident to serve on the Board of Commissioners of the Hampton Redevelopment and Housing Authority (HRHA). This appointment will be to fill the portion of a term which expires on June 30, 2013.

May 6, 2011 - (RealEstateRama) -- Today, Nebraska’s Senator Ben Nelson announced that the U.S. Department of Housing and Urban Development has begun investigating concerns raised about financial mismanagement at the Omaha Housing Authority. Nelson...

AUSTIN, TX - May 6, 2011 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced two awards totaling $787,000 to the City of Center to help promote and maintain homeownership while providing a shot in the arm to the local economy.TDHCA awarded the city $265,000 in homebuyer assistance funds which it will use to provide down payment and closing cost assistance to help an estimated 10 eligible residents purchase a home of their own.

WASHINGTON, DC - May 6, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the April edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. Officials caution that the latest housing figures underscore fragility in the housing market and highlight the importance of the Administration’s foreclosure-prevention programs, which continue to help tens of thousands of struggling homeowners each month and play a critical role in setting standards for the mortgage industry.

Honolulu, HI - May 6, 2011 - (RealEstateRama) -- After a federally declared disaster, such as the Hawaii Tsunami of March 11, 2011, receiving federal funds is a critical part of the response and recovery process.

ATLANTA, GA - May 6, 2011 - (RealEstateRama) -- To help people displaced by the recent tornadoes find rental housing, the Georgia Emergency Management Agency (GEMA) and the Georgia Department of Community Affairs (DCA) are encouraging displaced survivors to use www.GeorgiaHousingSearch.org.

WASHINGTON, DC - May 6, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Kentucky and provide support to homeowners and low-income renters forced from their homes following severe storms, tornadoes, and flooding last week.

Washington, DC - May 6, 2011 - (RealEstateRama) -- Commercial members of the National Association of Realtors® will have greater access to commercial information exchange data through a new mobile application by ePropertyData.

WASHINGTON, D.C. - May 6, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today applauded Rep. Gary Miller (R-Calif.), Rep. Brad Miller (D-N.C.) and 29 other original cosponsors for introducing bipartisan legislation aimed at restoring the flow of acquisition, development and construction (AD&C) credit to the housing sector to help spur job growth, support a recovery in the housing market and keep the economy moving forward."We commend Reps. Gary Miller and Brad Miller for championing a legislative solution aimed at ending the freeze in housing production credit that has forced countless home building firms across the nation to shutter their doors, resulting in grave repercussions for job growth and the overall economy," said NAHB Chairman Bob Nielsen, a home builder from Reno, Nev.

AUSTIN, TX - May 5, 2011 - (RealEstateRama) -- H.B. 2671 by State Representative John V. Garza, of San Antonio, will make Home Owners Associations subject to Open Meetings, Open Records and utilize the State’s Record Retention Policy.

Las Vegas, NV - May 5, 2011 - (RealEstateRama) -- There’s still time for residents facing foreclosure to sign up for this free Foreclosure Prevention and Mediation Process interactive event. The event is planned for 2 to 4 p.m. on Wednesday, May 11, and will take place at the Centennial Hills Active Adult Center, located at 6601 N. Buffalo Drive. Interested parties are asked to R.S.V.P. to 229-4167 as soon as possible.

Jefferson City, MO - May 5, 2011 - (RealEstateRama) -- Attorney General Chris Koster said today he has obtained a consent judgment against a Greene County man who allegedly engaged in a foreclosure scam to trick vulnerable homeowners into transferring ownership of their homes to him and his associates.

EVANSVILLE, IN - May 5, 2011 - (RealEstateRama) -- State legislators passed new laws to protect the telephone privacy of cell phone users, provide restitution to consumers who have been scammed and create important legal protections for homeowners at risk of foreclosure. Indiana Attorney General Greg Zoeller today thanked area legislators for passing eight important consumer protection bills during the 2011 session of the Indiana General Assembly that ended Friday

Washington, DC - May 5, 2011 - (RealEstateRama) -- First quarter 2011 commercial and multifamily mortgage originations were 89 percent higher than during the same period last year and 25 percent lower than during the fourth quarter of 2010, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. The decrease from fourth quarter 2010 reflects the industry’s usual push to finalize deals before the end of the year, and subsequent drop-offs in first quarter numbers.

WASHINGTON, DC - May 5, 2011 - (RealEstateRama) --The apartment industry’s recovery continues briskly, according to the National Multi Housing Council's (NMHC) latest Quarterly Survey of Apartment Market Conditions.

WASHINGTON, DC - May 4, 2011 - (RealEstateRama) -- Twenty years ago, Senator Alan Cranston, Congressman Henry Gonzalez and housing advocates from across the country designed a new block grant program exclusively dedicated to producing affordable housing. Today, the U.S. Department of Housing and Urban Development's HOME Investment Partnerships Program (HOME) has produced one million units of affordable housing.

WASHINGTON, DC - May 4, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that it is offering $2.5 million in grants to improve and develop methods and knowledge for detecting and controlling lead-based paint and other housing-related health and safety hazards. This funding will help protect young children as well as other vulnerable populations.

Des Plaines, IL - May 4, 2011 - (RealEstateRama) -- Spring is in the air, and homeowners are starting to plan their dream home remodeling projects. To commemorate May as National Home Improvement Month, the National Association of the Remodeling Industry (NARI) offers homeowners a few words of advice for getting the most value out of your remodeling investment.

Chicago, IL - May 4, 2011 - (RealEstateRama) -- Cushman & Wakefield of Illinois, Inc. (C&W) announces the largest industrial portfolio sale in the Midwest since the economic downturn began in 2008. The portfolio, which includes seven buildings in northwest Chicago and one in the Milwaukee, WI, area, totals more than two million square feet. Jim Carpenter, Senior Director, and Ken Szady, Executive Director, from C&W’s Capital Markets Group, represented the seller, a joint venture between Interstate Partners and Towne Investments, in the marketing and sale of the portfolio. In addition, Cushman & Wakefield Sonnenblick Goldman, the firm’s debt and equity finance division, secured permanent financing of the portfolio for the buyer, Stockbridge Real Estate Funds.

AUSTIN, TX - May 4, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) has announced a $3.3 million Continuum of Care grant to Texas which will directly fund seven local organizations providing housing and supportive services to an estimated 246 homeless individuals or those at risk of homelessness, helping to transition them out of poverty and toward self-reliance.