WASHINGTON, DC - January 20, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today awarded $1.41 billion in funding to keep nearly 7,000 local homeless assistance programs operating in the coming year (see attached chart).
Washington, DC - January 20, 2011 - (RealEstateRama) -- Existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of REALTORS
Washington, DC - January 20, 2011 - (RealEstateRama) -- A substantial majority of both home owners and current renters agree that owning a home is a smart decision over the long term. That’s according to the results of a National Association of Realtors® survey of 3,793 adults conducted online by Harris Interactive
MISSION VIEJO, CA - January 20, 2011 - (RealEstateRama) -- Hammerhouse LLC, an expanding national recruiting and strategic growth firm for the financial service industry with mortgage sales and leadership placement at its core, today released Drew Waterhouse, Managing Director of Hammerhouse outlook on key hiring trends in the mortgage industry in 2011
ConsensusDOCS® Releases New and Updated Contract Documents to Address Today’s Design and Construction Industry...
Washington D.C. - January 20, 2011 - (RealEstateRama) -- In response to the construction industry’s markedly changed economic conditions and rapid adoption of new technologies and green building goals, ConsensusDOCS today released a comprehensive update to its library of construction contract documents, as well as new contracts.
WASHINGTON, D.C. - January 20, 2011 - (RealEstateRama) -- Nationwide housing starts declined 4.3 percent to a seasonally adjusted annual rate of 529,000 units in the final month of 2010, according to newly released figures by the U.S. Commerce Department. While this was the slowest pace of starts activity since October 2009, the year-end data indicate that production of new homes improved 6.1 percent in 2010 from the previous year. On another positive note, permit issuance for construction of new homes and apartments rose 16.7 percent in December to a rate of 635,000 units, the strongest pace since March of 2010
DENVER, CO - January 20, 2011 - (RealEstateRama) -- RE/MAX, LLC today announced the promotion of two key executives as the Denver-based franchise continues to dominate the real estate industry both domestically and internationally
WASHINGTON, D.C. - January 20, 2011 - (RealEstateRama) -- Members of the National Association of Home Builders (NAHB) elected four senior officers to top leadership positions within the federation during the association's International Builders' Show in Orlando.With more than 800 affiliated state and local home builders associations and more than 160,000 members across the country, NAHB is the "voice of the housing industry," representing the interests of the nation's housing professionals through advocacy, education and research
WASHINGTON, D.C. - January 19, 2011 - (RealEstateRama) -- U.S. Rep. Nick Rahall (D-W.Va.) today announced southern West Virginia housing programs have been awarded nearly $1.4 million in grant funding for housing assistance to homeless individuals a...
Washington, DC - January 19, 2011 - (RealEstateRama) -- Senators Kent Conrad and John Hoeven and Congressman Rick Berg announced today that the U.S. Department of Housing and Urban Development (HUD) is awarding $1,665,449 in federal grants to organizations and government agencies throughout North Dakota to combat homelessness in the state
Anchorage, AZ - January 19, 2011 - (RealEstateRama) -- Qualifying Alaskans will have greater access to homeownership through a $625,000 loan approved by the Alaska Housing Finance Corporation board of directors. The loan will allow Fairbanks Neighborhood Housing Services, Inc. (FNHS) to continue its down-payment assistance loan program for under-served markets and provide assistance to borrowers who would not qualify for home ownership due to income limitations, down-payment requirements, loan-to-values, or other considerations
Washington, DC - January 19, 2011 - (RealEstateRama) -- The U.S. Green Building Council (USGBC) has announced the newly elected officers and new directors to its 2011 Board of Directors. At elections that closed in December, USGBC’s membership elected the following individuals to serve as directors:
WASHINGTON, D.C. - January 19, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending January 14, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 5.0 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 6.4 percent compared with the previous week
Denver, CO - January 19, 2011 - (RealEstateRama) -- Defying the seasonal trend, December home sales rose by 13.2% from November in a survey of 54 metropolitan areas. Home sales dropped 5.0% from December 2009, but this is the lowest year-over-year drop the survey has seen in five months.
EUGENE, OR - January 18, 2011 - (RealEstateRama) -- IDX Broker software is now enabled on the website of Grant Pearman, thanks to his partnership with IDX, Inc. the innovative IDX solution can easily be displayed and utilized on his professional website. With the additional Colorado Real Estate Network (CREN) MLS listings, thousands of properties are automatically synced to the website Pearman hosts, giving his clients and other western Colorado home seekers the unique ability to experience a comprehensive property search online. Never before has such an easy-to-use real estate solution been so widely accessible and available to potential buyers, as now thanks to Pearman and his IDX solution
Portland, OR - January 18, 2011 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley today visited the North Portland home of a family who is struggling to keep their home and unveiled his plan to address the ongoing foreclosure crisis and boost the nation’s troubled housing market. A range of economists have concluded that repairing the housing market is critical to adding jobs and accelerating the slow recovery.
WASHINGTON, DC - January 18, 2011 - (RealEstateRama) -- Thanks to strengthening in consumer spending and growing policy clarity at the end of 2010, the economy is finally poised to accelerate and sustain above-par, less volatile growth, according to the January 2011 Economic Outlook released today by Fannie Mae's (FNMA/OTC) Economics & Mortgage Market Analysis Group. The economy is expected to grow by 3.6 percent in 2011, compared to an estimated 2.8 percent in 2010. The group expects some increase in housing activity during 2011, however, a growth-oriented view of housing is not expected until 2012.
McLean, VA - January 18, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its 27th Annual Adjustable-Rate Mortgage (ARM) Survey of prime loan offerings, which was conducted January 3 to January 5 of this year
FHFA Announces Joint Initiative to Consider Alternatives for a New Mortgage Servicing Compensation Structure
Washington, DC - January 18, 2011 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to work on a joint initiative, in coordination with FHFA and the Department of Housing and Urban Development (HUD), to consider alternatives for future mortgage servicing structures and servicing compensation for their single-family mortgage loans.
WASHINGTON, D.C. - January 18, 2011 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes held unchanged at a relatively low level of 16 for a third consecutive month in January, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today."As we emerge from the traditionally slow holiday season, builders continue to look for signs of improvement in the economy, home buyer demand and builder and consumer credit conditions," said 2011 NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. "Unfortunately, a severe lack of construction financing, and widespread difficulties in obtaining accurate appraisal values, continue to limit builders' ability to prepare for anticipated improvements in buyer demand in 2011."
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.
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.
HOUSE-PASSED BILL MAKING NEEDED IMPROVEMENTS TO PAYCHECK PROTECTION PROGRAM WILL ALLOW CONSTRUCTION FIRMS TO...
Construction Official Urges Senate and White House to Quickly Pass and Sign Into Law the Paycheck Protection Program
The U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced nearly $77 million in a fourth wave of CARES Act funding, supporting up to 8,300
HUD APPROVES $80,000 SETTLEMENT RESOLVING CLAIMS OF DISABILITY DISCRIMINATION AT PENNSYLVANIA APARTMENT COMPLEX
The U.S. Department of Housing and Urban Development (HUD) announced today that it has approved a Conciliation Agreement among the Housing Equity Center of PA and two residents
The real estate housing market is hot in most parts of the country. Demand is up, prices are down, In some hot areas, homes...
California became the first state in the country to officially propose amending their constitution to recognize the human right to housing. President Franklin Roosevelt first proposed
The U.S. Department of Veterans Affairs (VA) announced today a new initiative requesting the public to make donations to help provide emergency relief and facilitate remote access
VA, multiple agencies launch Joint Mortgage and Housing Assistance website for Americans impacted by...
To ensure homeowners and renters have current and accurate housing assistance information during the COVID-19 pandemic, the U.S. Department of Veterans Affairs (VA) today
Palo Alto Housing (PAH), a community-based, nonprofit developer and manager of high-quality, low- and moderate-income housing, announced today that the organization has changed its name to Alta Housing as it celebrates its 50
Choosing somewhere to live is an exciting time. The opportunities are endless and you can choose from a variety of different cities and neighborhoods. Whether you are looking at Victory Park apartments, Dallas, TX or homes on the west side of Phoenix
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