WASHINGTON, D.C. - January 26, 2011 - (RealEstateRama) -- In last night’s state of the union address, President Obama called for investment in innovation, education and infrastructure to spur job growth and sustain America’s leadership in the world. He offered a five year freeze on domestic discretionary spending to begin to bring down the federal deficit, but said that we must “make sure that we’re not doing it on the backs of our most vulnerable citizens.”
Housing and Community Development Coalition Criticizes House Resolution Cutting Budget to FY08 Levels
WASHINGTON, D.C. - January 26, 2011 - (RealEstateRama) -- The House of Representatives today approved H.R. 38, allowing the chair of the House Budget Committee to set nondefense discretionary spending to FY08 levels or lower for FY11. This could result in a spending reduction of more than $60 billion in the current fiscal year, hurting all Americans and disproportionately impacting those in the greatest need.
WASHINGTON, D.C. - January 26, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending January 21, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 12.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 12.0 percent compared with the previous week. The results do not include an adjustment for the Martin Luther King holiday.
McLean, VA - January 26, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today issued the company's Monthly Volume Summary for December 2010. The summary, available on the company’s Web site at www.FreddieMac.com/investors/volsum, provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management and delinquencies. Beginning in January 2011, Freddie Mac began publishing pool-level delinquency disclosures on its single-family PC and Giant PC securities on the company’s Web site, www.FreddieMac.com/mbs. As a result, Tables 9 and 10 are no longer included in the Monthly Volume Summary.
WASHINGTON, D.C. - January 26, 2011 - (RealEstateRama) -- Bob Peterson, president of Associates in Building & Design, Ltd. (ABD) in Ft. Collins, Colo., was appointed 2011 chairman of the National Association of Home Builders (NAHB) Remodelers this month during the International Builders' Show in Orlando, Fla. As chair for the leading professional organization for residential remodeling, Peterson represents the more than 14,000 remodeling industry members of NAHB."I am honored to represent the interests of professional remodelers and look forward to helping our industry take on the challenges we will face this year as we look to a brighter future ahead," said Peterson. "I am proud of our members, who are the most educated and skilled in the industry, running successful businesses and providing quality remodeling services for home owners across the nation.
WASHINGTON, D.C. - January 26, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes rose 17.5 percent to a seasonally adjusted annual rate of 329,000 units in December, according to newly released figures from the U.S. Commerce Department. The big gain, though largely tied to an unexpectedly strong showing in the West, was a welcome boost at the end of a year that had the lowest total number of new-home sales on record (321,000) since the government began keeping track in 1963."After six very tough months, the housing market ended the year on an upbeat, with signs of stabilization beginning to take hold in many markets," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "That said, the nationwide inventory of new homes for sale is now at its thinnest level in more than 40 years. This is a sign that many builders still cannot obtain the credit they need to meet anticipated improvements in buyer demand in 2011."
EUGENE, OR - January 26, 2011 - (RealEstateRama) -- IDX, Inc. welcomes Portland, Oregon real estate broker Dan Walters to the network of real estate professionals engaging their clients and expanding their business through an online IDX solution. Never before have Regional Multiple Listing Service (RMLS) listings been so accessible or readily available to potential buyers. Thousands of detailed property listings are seamlessly linked to the website Walters hosts, with the IDX technology, which syncs properties directly. Now, home seekers can experience a detailed home search without leaving the convenience of the website of Walters. Portland real estate has changed forever, thanks to the IDX-enabled website of Walters
Torrance, CA - January 26, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has negotiated the sale and acquisition of a 13,452 square-foot lot for $3.4 million. Situated along the California coastline at 1620 Torrey Pines Road in La Jolla, Calif., the REO lot is zoned for residential use and affords ocean views of the La Jolla cove
Torrance, CA - January 26, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $2.3 million sale on a fully entitled, 1.08-acre parcel of land on N. Vulcan Ave., in Encinitas, Calif.
CB RICHARD ELLIS TO PARTNER WITH REBUILDING TOGETHER FOR NFL-SANCTIONED ‘KICKOFF TO REBUILD’ CHARITY...
Dallas, TX - January 25, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) has announced that it will join Rebuilding Together on Thursday, February 3, to help revitalize a dozen homes in need of repair and perform general community clean-up in the Arlington, Texas, neighborhood of Drummond Drive as a sponsor of the nonprofit‘s 16th annual Kickoff to Rebuild charity event.
NORFOLK, VA - January 25, 2011 - (RealEstateRama) -- For Rent Media Solutions™, a leading resource for searching apartments nationwide and a division of Dominion Enterprises, has introduced Walk Score® on ForRent.com, the company’s anchor web site. Through this partnership with Walk Score, renters can measure the walkability of a neighborhood and use this feature when narrowing down their search for apartments.
WASHINGTON, DC - January 25, 2011 - (RealEstateRama) -- A new survey conducted by the Building Owners and Managers Association (BOMA) International shows that BOMA 360 designees are able to document operational savings, develop new policies and procedures, and attract new tenants because of their designation. The BOMA 360 Performance Program is a groundbreaking program designed to recognize commercial properties that demonstrate best practices in building operations and management. Since the program’s inception in Spring 2009, 180 buildings have been designated. The survey was sent to BOMA 360 designees who have had the designation for a year or more.
WASHINGTON, DC – Capitol Hill veteran Cindy Chetti has been named Senior Vice President of Government Affairs for the National Multi Housing Council (NMHC). She will be responsible for developing and implementing strategy for all legislative and regulatory issues of interest to NMHC and its joint legislative partner, the National Apartment Association.
EUGENE, OR - January 25, 2011 - (RealEstateRama) -- Welcoming Jackie Nordstrom to the growing network of real estate agents and brokers, IDX, Inc. is pleased to announce they have added a customized IDX solution to the website of Nordstrom. She now hosts a comprehensive online property search conveniently on her page, thanks to IDX Broker and Metrolist Denver (MTOMLS). Thousands of properties are automatically linked to her website with the thorough MTOMLS and the incredible IDX solution she employs. Never before has it been easier for Denver, Colorado home seekers to search for a home online, than now, with the website of Nordstrom and Colorado Real Estate Associates
Denver, CO - January 25, 2011 - (RealEstateRama) -- Adam Scoville, RE/MAX Senior Counsel, has been appointed to the Board of Directors of the International Trademark Association (INTA), a worldwide association that supports and advances trademarks and intellectual property as elements of fair and effective global commerce.
WASHINGTON, DC - January 25, 2011 - (RealEstateRama) -- U.S. house prices were unchanged on a seasonally adjusted basis from October to November, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.7 percent increase in October was revised downward to a 0.2 percent increase. For the 12 months ending in November, U.S. prices fell 4.3 percent. The U.S. index is 14.9 percent below its April 2007 peak and roughly the same as the August 2004 index level.
Mt. Laurel, NJ - January 24, 2011 - (RealEstateRama) -- MAMCO Property Management, an Associa company, is proud to announce that Samantha Wallace and Linda Schlindwein have earned their Certified Manager of Community Associations (CMCA) designations while Natalie Fries has completed her Association Management Specialist (AMS) designation
Benchmark Association Services Refunds Surplus of Funds to West Sahara Community Association (WSCA) Homeowners
Las Vegas, NV - January 24, 2011 - (RealEstateRama) -- Benchmark Association Services, an Associa company, is pleased to announce that a surplus of funds is being returned to the WSCA members by a complete forgiveness of their first quarter dues and a reduction of the dues for the following quarters.
WASHINGTON, D.C. - January 24, 2011 - (RealEstateRama) -- In a January 21 letter to White House policy chiefs, the National Housing Trust Fund Campaign called on the Obama Administration to recommend funding for the National Housing Trust Fund (NHTF) in its upcoming report on the future of federal housing finance policy.
ANCHORAGE, AK - January 24, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today awarded nearly $3,420,701 in Continuum of Care renewal grants to support 22 local homeless providers across Alaska in the c...
Even though there is no perfect blueprint for life, most people share the same goals. They want to finish school, find a job they enjoy, have their own home, and live happily ever after. That seems pretty basic, right?
Mayor Muriel Bowser, along with Office of the Deputy Mayor for Planning and Economic Development (DMPED), announced the closing of financing on Riggs Place Park in Ward 4,
Operation HOPE announced today the progress it has made in providing free financial recovery support services to individuals and small businesses since it activated HOPE Inside Disaster at the on-set of the COVID-19 business and school shutdowns.
Buying a new construction home is an important decision and step for everyone. The acquisition of house associates with a very high risk. Because this transaction requires significant financial costs.
AARP Arizona State Director Dana Marie Kennedy testified on behalf of AARP, its 38 million members and their families at the U.S. House Ways and Means Health Subcommittee hearing
Adrienne Goolsby, Habitat for Humanity International’s senior vice president, U.S. and Canada, issued the following statement regarding an ongoing dispute between Habitat for Humanity Edmonton and families
The Federal Financial Institutions Examination Council (FFIEC) released its 2019 Home Mortgage Disclosure Act (HMDA) data this week, covering the vast majority of mortgages made in the United States in the past year. Like previous years, the data revealed that borrowers of color remain underserved in the conventional market
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.
The National Association of Realtors® announced Wednesday that the 2020 REALTORS® Conference & Expo, previously scheduled from November 13-16 in New Orleans, will be transitioned to a fully virtual format in light of ongoing health
Pending home sales mounted a record comeback in May, seeing encouraging contract activity after two previous months of declines brought on by the coronavirus pandemic, according to the National Association of Realtors®. Every major region
What’s so special about Toronto? From the nonstop energy of Yonge Street to a vibrant waterfront dotted with cozy cafes and boutiques, Toronto is much more than its iconic skyline views. As Canada’s largest metropolis, the city is famous for its many sights
Real estate is a huge market and there are millions of Americans looking to buy and sell homes. In fact, over 5 million existing homes were bought and sold throughout the country in 2019. While you can sell a home on your own without any assistance
The University of Southern California Lusk Center for Real Estate, a nationally-renowned real estate research center, has announced full or partial funding for 10 research proposals related to real estate and urban issues.
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2019 mortgage lending transactions at 5,508 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA).
WASHINGTON, D.C. - RealEstateRama – Congresswoman Eleanor Holmes Norton (D-DC) today wrote a letter to Chairman David E. Price and Ranking Member Mario Diaz-Balart on the...
On June 29, 2020, the U.S Department of Energy’s Office of Energy Efficiency and Renewable Energy’s (EERE’s) Federal Energy Management Program (FEMP) issued a Federal Agency Call (FAC) on EERE Exchange titled
Bill would provide emergency relief in response to pandemic, economic crisis Washington, D.C. - RealEstateRama – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Senator...
The National Housing Conference (NHC) strongly supports passage of H.R. 2, the Moving Forward Act, which House Democratic leadership outlined in text released this week. The bill provides important measures that will facilitate the production of affordable housing across the country
Hanley Investment Group Arranges Sales of Multi-Tenant Retail Building and Single-Tenant Quick Quack Express...
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 arranged
At the mention of the word landscape, many people will think of diverse things. A photographer will immediately think of the formation of the earth around the subject they want to take a photo of. An economist will think of the operational environment of businesses among other things. To a homeowner, it’s how the landscape is around the house.
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