WASHINGTON, D.C. - April 28, 2011 - (RealEstateRama) -- According to the National Association of Home Builders' (NAHB) Remodeling Market Index (RMI), the remodeling market is heading into recovery with an increase to 46.5 in the first quarter of 2011 from 41.5 in the fourth quarter of 2010. This marks the highest level for the RMI since the fourth quarter of 2006. An RMI below 50, however, indicates that still more remodelers report market activity is lower (compared to the prior quarter) than report it is higher.
COLUMBIA, S.C. - April 27, 2011 - (RealEstateRama) -- Repeal of Point of Sale reassessments will increase investment in South Carolina real estate upward of $2.4 billion, resulting in a direct impact on jobs and the economy, according to an economic analysis commissioned by the South Carolina REALTORS® (SCR).
Congresswoman Capito Announces New Affordable Housing Funds for WV: Nearly $800,000 in grants are...
Charleston, WV - April 27, 2011 - (RealEstateRama) -- Congresswoman Shelley Moore Capito (WV-02) announced today that affordable housing projects in Fairmont, Fayette County, Huntington, McDowell County, Wheeling and White Sulphur Springs have been awarded nearly $800,000 in Affordable Housing Program (AHP) grants.
DENVER, CO - April 27, 2011 - (RealEstateRama) -- Niki Stearman, an experienced real estate professional, has joined Kentwood City Properties in downtown Denver as a Broker Associate. Stearman brings more than 10 years of experience to Kentwood Cit...
Anchorage, AK - April 27, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $915,440 to renew support for a statewide HIV-AIDS housing program administered by the Alaska Housing Finance Corporation. The t...
Urban Land Institute Terwilliger Center Announces The Robert C. Larson Workforce Housing Public Policy...
WASHINGTON, DC - April 27, 2011 - (RealEstateRama) -- The Urban Land Institute (ULI) Terwilliger Center for Workforce Housing is recognizing states and localities with innovative public policies and practices in workforce housing development through a major new award program, the Robert C. Larson Workforce Housing Public Policy Award.
NORFOLK, VA - April 27, 2011 - (RealEstateRama) -- ForRent.com, anchor website for For Rent Media Solutions and a division of Dominion Enterprises, has seen a dramatic increase in traffic just one month after introducing the exclusive new partnership with Marketplace on Facebook.
WASHINGTON, D.C. - April 27, 2011 - (RealEstateRama) -- Mortgage applications decreased 5.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 22, 2011. There was no adjustment made for Good Friday.
Phoenix, AZ - April 27, 2011 - (RealEstateRama) -- A portfolio of eleven prime former 76-Conoco Philips service stations (most vacant parcels) and one restaurant, located in Phoenix, AZ; Las Vegas, NV; Oakland, Carpinteria, Pomona, Stockton, Turlock, Rodeo, Corcoran, CA, are to be sold at two auction events in early June through CBRE Auction Services.
SAN DIEGO, CA - April 27, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), a national mortgage lender based in River Edge, N.J., continues their west coast expansion with the opening of a new office in San Diego, CA, and the addition of three new team members. Located in the city of Carlsbad, the new office will better help REMN service the needs of southern California’s future and existing home owners, real estate professionals and residential builders.
San Francisco, CA - April 26, 2011 - (RealEstateRama) -- Zephyr Real Estate, a long-established market leader in San Francisco, has made the leap across the Golden Gate and opened a new location in Marin County. With a number of agents whose market expertise extends north, the new location in Corte Madera connects Marin County and San Francisco to better serve client interests on both sides of the 1.7-mile span.
April 26, 2011 - (RealEstateRama) -- For too long, middle-class taxpayers have been stuck with the costs of paying for more and more government. In 2000, the average property tax on a median value home in Wisconsin was $2,110. By 2006 it had risen to $2,729. Today it’s $2,963. Without the property tax reforms in our budget, these middle-class tax bills would rise to $3,425 by 2013.
Lewis Center, OH - April 26, 2011 - (RealEstateRama) -- Real Property Management, an Associa company, is proud to announce that its Landscape Division, with the aid of state-of-the-art virtual design software, has provided a redesign for many of its communities’ common areas.
WASHINGTON, DC - April 26, 2011 - (RealEstateRama) -- Potential homeowners who participate in prepurchase education and counseling programs may be more likely to pay their mortgages on time, although the evidence on this point is not consistent and compelling, according to a study released today by the Mortgage Bankers Association (MBA). The study also finds that those who participate in default counseling are more likely to have their loans modified.
Washington, DC - April 26, 2011 - (RealEstateRama) -- The U.S. Department of Education announced today the creation of the Green Ribbon Schools program, which will recognize schools that have taken great strides in greening their curricula, buildings, school grounds and overall building operations. The program, celebrated during a tree planting ceremony at the Department of Education headquarters, will help cash-strapped schools save money and prepare students for 21st Century jobs.
Tucson, AZ - April 26, 2011 - (RealEstateRama) -- Rep. Raúl M. Grijalva last week introduced the Right to Rent Act of 2011 (H.R. 1548), an updated version of a bill he introduced in 2009 to allow families facing foreclosure to remain in their homes as renters by paying fair market value each month. Approximately one in 175 homes in Arizona received a foreclosure filing in January, second highest in the nation behind Nevada.
WASHINGTON, DC - April 26, 2011 - (RealEstateRama) -- Today, the U.S. Department of Housing and Urban Development announced that more than a thousand extremely low-income persons living with HIV/AIDS will continue to receive permanent housing as a result of $23 million in grants. During each of the next three years, this HUD funding will help provide permanent supportive housing for 1,015 households so they can manage their illnesses while receiving critically needed support services.
WASHINGTON, D.C. - April 26, 2011 - (RealEstateRama) -- Commercial and multifamily mortgage origination volumes increased 44 percent in 2010 over the previous year, with mortgage bankers reporting $118.8 billion of closed commercial and multifamily loans, according to the Mortgage Bankers Association's 2010 Commercial Real Estate/Multifamily Finance: Annual Origination Volume Summation.
WASHINGTON, DC - April 26, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to Atoka County in Oklahoma and provide support to homeowners and low-income ...
FTC Returns $1.5 Million to Consumers from Mortgage Lender Charged With Illegally Discriminating Against...
WASHINGTON, D.C. - April 26, 2011 - (RealEstateRama) -- On April 22, 2011, an administrator working for the Federal Trade Commission mailed 3,162 refund checks to borrowers allegedly harmed by Golden Empire Mortgage, Inc. and Howard D. Kootstra. The refund checks stem from a lawsuit the FTC filed against Golden Empire and Kootstra, alleging that they illegally charged Hispanic consumers higher prices for mortgage loans than non-Hispanic white consumers – price disparities that could not be explained by the applicants’ credit characteristics or underwriting risk.
With the 2020 election cycle in its sites and while in the midst of a global pandemic, NAREB fully realizes and understands the importance of maintaining collaboration and conversation with every level of Government at this critical point in time by hosting the NAREB 2020 Spring Policy Web Conference on May 20 – May 22, 2020.
Advocates Condemn Rent-a-Bank Rule that Encourages Predatory High-Cost Loans; Call on Congress to Pass...
Consumer advocates slammed the Office of the Comptroller of the Currency (OCC) for its final rule issued today that encourages online non-bank lenders to launder their loans through banks so they can offer high-cost triple-digit loans in states where such loans are illegal.
Justice, solar and community advocates joined Senator Troy Singleton in introducing the NJ Clean Energy Equity Act, S. 2484, to help low-income New Jersey families benefit from solar, storage and energy efficiency. The bill is the first step in implementing the New Jersey Equitable and Resilient Solar + Storage Policy Roadmap
The National Fair Housing Alliance (NFHA) yesterday sued eight companies that operate 16 assisted living facilities in the Salt Lake City, Albuquerque, and Santa Fe metro areas. The lawsuit alleges the companies discriminated against prospective elderly residents who have been deaf since
NEW ANALYSIS FINDS COMPOSITE PLANS WOULD HAVE FARED BETTER DURING THE CORONAVIRUS THAN TRADITIONAL...
A new study released today finds that composite retirement plans would have fared better during the coronavirus pandemic and related market declines than traditional defined-benefit multi-employer plans, allowing participants to receive higher benefits
The United States Internal Revenue Code is a portion of the federal statutory tax laws which is published in different volumes of the United States Statutes at Large. It is separated as Title 26 of the code and it covers taxes, its procedures, and administration.
New Federal Investments in Transportation, Other Types of Infrastructure Will Help Offset Expected Declines in State and Local Funding as State Budgets Suffer Impacts of Coronavirus
In recent years, short-term rental companies have taken over heavily touristed cities like San Francisco, Tokyo, and Vienna—as well as here in Toronto. But with the outbreak of COVID-19, the popularity of home-sharing platforms like Airbnb
Most real estate projects consume a lot of time, money, and energy. And that is if you have the experience to embark on the journey all by yourself. However, if you are new to this, it would be unreasonable to approach any real estate project without the necessary knowledge
Real estate has, for a long time, been a safe way of investing. However, recessions and unforeseen disasters like the COVID-19 pandemic always test that statement.
Property valuation is an essential concept of real estate investing. If you are an investor, knowing the value of any property helps you make a sound decision on how much to charge on rent and how much should go into property taxes.
Brisbane has been in the eyes of many savvy investors as the next big city to dominate the property market in Australia. It's a beautiful city with an accelerating growth rate and has one of the most popular tourist attractions in the whole country.
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today outlined policies to preserve and expand affordable housing that he will push to include in the next COVID-19 relief bill.
Homeowners who decide to undergo a home improvement project, whether it be interior or exterior modifications, often find that the task was worth the investment and time, according to a new report from the National Association of Realtors®, with insights from the National Association of the Remodeling Industry.
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
n a sign that the housing market is stabilizing in the wake of the COVID-19 pandemic, sales of newly built, single-family homes rose 0.6 percent to a seasonally adjusted annual rate of 623,000 units in April
COVID-19 Pandemic Concerns Cause Weakening in Multifamily Builder and Developer Confidence in First Quarter
Confidence in the market for new multifamily housing weakened significantly in the first quarter of 2020, according to results from the Multifamily Market Survey (MMS) released today
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance increased from 8.16% of servicers' portfolio volume in the prior week to 8.36% as of May 17, 2020
Did you know that residential structures use almost 22% of the electricity produced in the U.S. each year? If you own a home, you know how expensive it is to maintain and repair your home. Also, for many homeowners, one of their biggest monthly expenses are their energy costs.
Are you trying to sell your house but want it to have more value than when you bought it? Here are home repairs to make in order to increase its value.
The New York State Division of Consumer Protection (DCP) is alerting consumers about the dangers of television (TV) tip-over hazards. Millions of New Yorkers will watch the Super Bowl this Sunday either on TVs at home or at parties with friends. DCP is taking this TV-focused occasion to remind consumers of critical TV safety tips.
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a brand-new, single-tenant Starbucks
A Houston-area mom is sharing her Hurricane Harvey recovery story this holiday season, along with the importance of always being prepared for flood events.
Fast-growing Florida has been a favorite of real estate investors for many years. With so much interest having been focused on the state, though, investors need to take care to seek the best available opportunities.
Office of General Services Commissioner RoAnn Destito today announced that the Senator Walter J. Mahoney State Office Building located at 65 Court Street in Buffalo will be sold at auction in 2020. A work group formed earlier this year made up of City, County, and State officials working with professional real estate consultants CBRE, determined that in the current competitive and robust Buffalo real estate market
The National Association of Realtors® (NAR) recently identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are
Eviction is a dirty word for both tenants and the landlords that believe the time has come to remove one or more parties from an apartment. The process anywhere can lead to a strained relationship at best and a bitter acrimonious fight that ends up in the judicial system.
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Katy, Houston and Spring from Monday, Dec. 9, to Saturday
Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education
Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...
New Destiny was joined by supporters and colleagues to celebrate the opening of its newly constructed service-enriched affordable housing project - The Jennings - located in the Crotona Park East
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out
The Bureau of Land Management today announced that Karen Mouritsen has been named the new California State Director—a key leadership position based in Sacramento. As State Director, Mouritsen will direct a team that manages lands encompassing 15% of the Golden State’s total land mass
California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns
Today, a federal jury found an Oakland-area real estate developer guilty for funneling tens of thousands of dollars through straw donors into two consecutive congressional campaigns
The New York State Office of Alcoholism and Substance Abuse Services (OASAS) today announced the opening of the new JLC Recovery and Wellness Center in New York City. JLC is operated by Exponents Inc. and provides free help and support services for people affected by addiction and for their families.
In spite of a robust U.S. economy, a strong employment rate, and steadily increasing 401(k) plan earnings, Black homeownership rates continue to drop. Drawing from the 2019 release of the National Association of Real Estate Brokers
WASHINGTON – U.S. Secretary of the Interior David Bernhardt inspected a key piece of national water infrastructure at Morrow Point Dam, located on the Gunnison...
South Carolina REALTOR® (SCR) member, past president and Realtor® at Coldwell Banker Residential Brokerage in Columbia, was named the association’s 2019 REALTOR® of the Year at its annual conference at the Francis Marion Hotel in Charleston on September 11, 2019.
Mississippi households in eight counties impacted by the storms, straight-line winds, tornadoes and flooding beginning on February 22 and continuing to March 29, 2019 are eligible to apply for federal disaster assistance to help
Last week CREW Miami (Commercial Real Estate Women) held its September lunch program, The Wizards of OZ hosting a panel of experts who discussed and answered questions about recent Opportunity Zone transactions
Sales of newly built, single-family homes fell 7.8 percent to a seasonally adjusted annual rate of 626,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Water-loving outdoor recreationists and local communities in 27 states will have additional resources to help boaters keep America’s waters clean, thanks to more than $17 million in Clean Vessel Act program grants from the U.S. Fish and Wildlife Service.
Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
OJO Labs, a leading-edge technology company on a mission to empower consumer decision-making through its conversational AI assistant, OJO, won the highly coveted 2019 A-List Award among mid-sized companies from the Austin Chamber of Commerce in partnership with SXSW
Listing property on Airbnb has become a popular way to make extra money, meet new people, and provide some freedom, but there are a few key things to think about when you are considering listing your property. It is key to know what you’re getting yourself into.
The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...
The Rockefeller Foundation today announced an initiative to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act. This effort will help ensure new investment delivers sustainable benefits for more than 30 million low-income Americans living in Opportunity Zones
Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...
Pauline Weaver Senior Apartments is located in the Warms Springs area of Alameda County and features 90 apartment homes for very low and extremely low-income seniors, near I-880 freeway, BART, shopping, services and other amenities.
The U.S. Department of Veterans Affairs (VA) announced May 13 that Veterans who qualify for a VA Home Loan funding fee waiver are now being notified in their home loan eligibility certificate and disability compensation award letter.
The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the National Association of Home Builders (NAHB) will co-host the Department's inaugural "Innovative Housing Showcase." The Innovative Housing Showcase will be held on the National Mall June 1-5, 2019
Yesterday, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, asked the Department of the Interior about its commitment to the Yakima River Basin during a hearing on the president’s FY 2017 budget request. Deputy Secretary of the Interior Michael Connor agreed with Sen. Cantwell that the Yakima River Basin plan “is a model for the rest of the nation in water management.”
“Consumers Energy is thankful to be a part of holiday celebrations across the state as warm Thanksgiving memories are being made, and we are committed to providing many more generations of Michigan families with reliable, affordable energy in all seasons,” said Garrick Rochow, Consumers Energy’s vice president and chief customer officer
Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements
WASHINGTON, D.C. - December 13, 2013 - (RealEstateRama) -- Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The exemptions are intended to save borrowers time and money while still ensuring that the loans are financially sound
Atlanta, Georgia - November 13, 2013 - (RealEstateRama) -- the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Equity Loans, LLC, License Number 23300, located at 1150 Hammond Dr., Building E, Suite 650, Atlanta, Georgia 30328, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act