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BUSH ADMINISTRATION AWARDS $22.2 MILLION IN GRANTS TO CONVERT MULTIFAMILY PROJECTS INTO ASSISTED LIVING...

WASHINGTON - Americans in seven states will soon find themselves living in upgraded apartments equipped to meet their physical needs thanks to more than $22.2 million in grants from the U.S. Department of Housing and Urban Development. HUD Deputy Secretary Roy Bernardi today joined Onondaga County Executive Nicholas J. Pirro and representatives from the office of Congressman Jim Walsh to make the announcement at Bernardine Apartments in Syracuse, New York.

Genesis Foundation & Home Downpayment Gift Foundation Prevail

WASHINGTON, Oct. 31 /PRNewswire-USNewswire/ -- The Genesis Foundation Inc. (Genesis) and Home Downpayment Gift Foundation, Inc. (HDGF), both 501(c)3 charitable entities dedicated to helping low and moderate income families create and maintain homeownership, announced today that it has prevailed in its temporary injunction in the Unites State District Court.

More Than 200,000 Letters Sent to At-Risk Homeowners

WASHINGTON, Oct. 31 /PRNewswire-USNewswire/ -- Beginning November 19, the nation's largest mortgage servicers will be sending HOPE NOW letters to at-risk mortgage borrowers, asking them to get help

Dodd Calls on Treasury to Increase Focus on Protecting Homeowners

Washington, D.C., Oct 17, 2007 -- Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, today sent a letter to Treasury Secretary Henry Paulson reiterating the need for lenders to modify subprime loans in order to avert massive foreclosures across the country.

Acting Attorney General Announces Results of Operation Home Sweet Home

WASHINGTON, OCTOBER 26, 2007 - The Justice Department announced the results of Operation Home Sweet Home, the Attorney General’s initiative to expose housing discrimination in America. In Fiscal Year 2007, the Department conducted a record number of undercover housing discrimination investigations, filed 30 lawsuits alleging unlawful housing discrimination, and obtained settlements and judgments requiring the payment of over $5 million in monetary damages to victims of discrimination and civil penalties.

Help Very Low-Income Elderly And People With Disabilities

WASHINGTON, October 26, 2007 - It will soon be easier for thousands of senior citizens and people with disabilities to find affordable housing, thanks to more than $643 million in housing assistance grants announced today by U.S. Housing and Urban Development Secretary Alphonso Jackson.

"This Administration is committed to making sure our senior citizens and people with disabilities have opportunities to find decent housing that they can afford," said Jackson. "Neither group should ever have to worry about being able to find a safe place to live.

Americans for Prosperity Leads Coalition Effort Against Taxpayer-Funded Sub-prime Mortgage Bailout

WASHINGTON, Oct. 25 /PRNewswire-USNewswire/ -- As Congress continues to debate the sub-prime mortgage issue, the free-market grassroots group Americans for Prosperity is leading a coalition representing millions of citizens to protect the best interests of taxpayers and homeowners.

Why do home foreclosure rates remain so high?

Oct. 23, 2007 -- As pressure mounts for Congress and the Bush Administration to restrict mortgage lending abuses that have saddled economically vulnerable families with mortgages they can not afford, the mortgage lending industry continues to funnel millions of dollars in lobbying and campaign donations to Congress, even as some of those mortgage institutions are struggling to stay afloat, a new Common Cause report shows.

Refinance Applications Increase In Latest MBA Weekly Survey

WASHINGTON, D.C., October 24, 2007 — The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending October 19, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 656.5, a slight increase on a seasonally adjusted basis from 656.3 one week earlier.

Comptroller Testifies on House Subprime Lending Bill

WASHINGTON, October 24, 2007 -- Comptroller of the Currency John C. Dugan today expressed support for provisions in a House bill that would set national standards for subprime mortgages comparable to federal banking agency standards, and provide enhanced regulation for all mortgage brokers, but expressed concern about some parts of the proposed legislation.

HousePlansAndMore.com Adds Exciting New Features to House Plans Web Site

With more than 15,000 home plans to choose from, users may find the task of searching for a new home a bit daunting. But with HDA's new search features, finding that special luxury house plan is a breeze. Consumers are able to search by home plan style, size, and by estimated cost-to-build

NAR, SGA Find Americans Prefer to Spend More on Mass Transit and Highway Maintenance,...

WASHINGTON, Oct. 25 /PRNewswire-USNewswire/ -- Three-fourths of Americans surveyed believe that either being smarter about development or improving public transportation are both better long-term solutions for reducing traffic congestion than building new roads, according to a survey sponsored by the National Association of Realtors and Smart Growth America.

Real estate professionals see rays of light in cloudy market

Local real estate professionals discussed how to ride out a currently stormy housing market that holds promises of better times ahead at the eighth annual State of Real Estate in the Coachella Valley presentation, held today at the Doral Palm Springs Resort.

Renters Four Times More Likely to Move Than Homeowners

OCTOBER 16, 2007 -- The U.S. Census Bureau has released a series of 34 tables on the 40 million Americans who moved between 2005 and 2006, including characteristics of movers by type of move.

Statement by Secretary Henry M. Paulson, Jr. on Announcement of New Private Sector Alliance

Washington, DC, October 10, 2007 --Thank you, Secretary Jackson, for being here today. And thank you to everyone here today with one common objective – helping homeowners stay in their homes. We all know well the turmoil in today's mortgage markets. A combination of stagnant or falling house prices, low down payment mortgages and resetting adjustable-rate mortgage rates are creating real challenges for many American homeowners.

Full Senate Votes to Increase LSC’s Budget

Washington, DC, October 17, 2007 -- By a vote of 75-19, the full U.S. Senate last night approved the FY 2008 Commerce, Justice, Science, and Related Agencies (CJS) funding bill, providing a $41.4 million or 12 percent budget increase for the Legal Services Corporation (LSC), the nation's single largest source of funding for civil legal aid for the poor. LSC would receive a total of $390 million, approaching the $400 million received in FY 1995, the high-water mark in the Corporation's 33-year history.

Senate And House Democratic Leaders Offer Plan To Stem Tide Of Home Foreclosures

Washington, D.C., October 2, 2007 —Senate Majority Leader Harry Reid, Speaker Nancy Pelosi, Senators Chris Dodd and Charles E. Schumer, and Reps. Barney Frank and Carolyn Maloney today offered a plan to stem the rising tide of home foreclosures created by the subprime mortgage market crisis

Comprehensive Mortgage Reform and Anti-Predatory Lending Legislation Introduced in the House

Washington, DC, October 22, 2007 - Reps. Brad Miller (D-NC), Mel Watt (D-NC) and Barney Frank (D-MA) today introduced comprehensive legislation to combat abuses in the mortgage lending market, and to provide basic protections to mortgage consumers and investors. The bill, H.R. 3915, the “The Mortgage Reform and Anti-Predatory Lending Act of 2007” will reform mortgage practices in three areas.

Americans Trust Their Financial Institutions to Disclose Terms, Help Manage Finances

WASHINGTON, Oct. 18 /PRNewswire/ -- American consumers give their own banks and credit card companies a 76 percent approval rating when it comes to being fair when disclosing terms to customers; they also rank their own personal banks and credit card companies far higher than the federal government when it comes to helping them handle their overall finances, according to the Second Annual Financial Fitness Survey released by The Financial Services Roundtable.

National Association of Realtors(R) Revised 2007-2008 Statistical & Forecast News Release Schedule

National Association of Realtors(R) Revised 2007-2008 Statistical & Forecast News Release Schedule All released at 10:00 a.m. Eastern Time except November Forecast/PHSI

U.S. National


Your Own Rental Property Business

Effective Tips for Starting Your Own Rental Property Business

National
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?
DC Department of Housing and Community Development

Mayor Bowser Closes Deal on Long-Awaited New Housing Community in Fort Totten Neighborhood

National
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 ECONOMIC IMPACT NOW TOTALS MORE THAN $4 MILLION SINCE ONSET OF COVID-19...

National
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.
Buy a New Home

Tips for Buying a New Construction Home: How to Buy a New Home?

National
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

In Testimony, AARP Urges Immediate Action to Address COVID-19 Crisis in Nursing Homes

National
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
Habitat

Habitat for Humanity International statement on Habitat Edmonton

National
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

New HMDA Data Shows Mortgage Market Continues to Exclude Black and Latino Borrowers

National
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
FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

National
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.
NAR

Amidst Health, Safety Concerns, NAR’s 2020 REALTORS® Conference & Expo Goes Virtual

National
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
NAR

Pending Home Sales Notch Record-Setting 44.3% Monthly Increase in May

National
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
Toronto Fastest Growing City

Toronto Is Now the Fastest Growing City in North America

National
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
Multiple Listing Service (MLS)

What Is a Multiple Listing Service (MLS)?

National
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-Hoyt-Organization

USC Lusk Center For Real Estate Funds 10 Research Projects That Will Explore Housing...

National
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.
CSBS

FFIEC Announces Availability of 2019 Data on Mortgage Lending

National
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).
Congresswoman Eleanor Holmes Norton

Norton Opposes Large Parking Garage at Union Station, Calls on House Appropriators to Instruct...

National
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...

FEMP Issues Funding Opportunity to Strengthen Federal Energy and Water Infrastructure

National
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

Wyden, Cantwell Introduce Affordable Housing Legislation

National
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...
NHC

NHC applauds the Moving Forward Act

National
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
Quick Quack_Fontana

Hanley Investment Group Arranges Sales of Multi-Tenant Retail Building and Single-Tenant Quick Quack Express...

National
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

How Landscaping Increases Property Value

National
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.

U.S. States


Avoid TV Tip-Over Incidents During Super Bowl LIV with Safety Tips

New York
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.
Starbucks_Fresno

Brand-New Single-Tenant Starbucks Drive-Thru Trades in Fresno, Calif. for $1,345 PSF

California
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
FEMA

Rosenberg family home for the holidays – and prepared for future hurricanes

Texas
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.

5 Cities in Florida: Which One Makes for the Best Real Estate Investment Opportunity...

Florida
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.

WALTER J. MAHONEY STATE OFFICE BUILDING TO BE SOLD

New York
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
SCR

Charleston South Carolina expected to outpace national real estate market averages through 2025

National
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
Peter Evering

WHAT IS THE EVICTION PROCESS IN CALIFORNIA?

California
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.
FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Texas
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
ABC National

Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a...

Florida
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
Top 4 Places to Buy a Second Home

Top 4 Places to Buy a Second Home in the US

National
There are about 7.4 million homes owned as a second home in the United States. For many people, their second home is a vacation home. This gives them a chance to get away and break routine while also having all of the comforts of being in their own home.
Carol Corden cuts the ribbon

Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...

New York
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
HUD - U.S. Department of Housing and Urban Development

HUD AWARDS $1.5 MILLION TO PUBLIC HOUSING AUTHORITIES TO ASSIST YOUNG PEOPLE AGING OUT...

National
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

BLM NAMES VETERAN LAND MANAGER TO LEAD CALIFORNIA STATE OFFICE

California
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
USDOJ

California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns

California
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

NYS OASAS ANNOUNCES OPENING OF NEW RECOVERY CENTER IN NEW YORK CITY

New York
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.

Robust U.S economy not a boost for black homeownership

National
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
DOI

Share Secretary Bernhardt Inspects Key Water and Power Facility in Western Colorado

National
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...

Laura Derrick named 2019 South Carolina REALTOR® of the Year

National
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.
FEMA

Impacted by Recent Flooding, Tornadoes and Severe Storms? Here’s How to Apply for FEMA...

Mississippi
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
Miami’s Real Estate Industry

The Wizards of OZ: A Discussion about Opportunity Zone Investment

Florida
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

Popular


NAHB

New Home Sales Decline in May

National
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.
DOI

$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving

National
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.
FEMA

Port Aransas ready for return of summer tourism

Texas
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 - Eight Major Awards

OJO Labs: Five Months, Eight Major Awards

National
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
Property on Airbnb

Should I Rent Out my Property on Airbnb?

National
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.
Rockefeller Foundation

The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...

National
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
PaulineWeaver

Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...

National
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.
VA

VA’s Home Loan Guaranty program notifies Veterans of potential loan fee waivers

National
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.
Merri Jo Cowen - headshot

A Stellar Idea: My Florida Regional MLS Reimagines the Multiple Listing Service

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
HUD - U.S. Department of Housing and Urban Development

NATIONAL ASSOCIATION OF HOME BUILDERS TO CO-HOST HUD INNOVATIVE HOUSING SHOWCASE

National
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

Department of the Interior: Yakima Water Plan Is a “Model” and “Holistic”

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.”

Energy Costs to Cook Thanksgiving Meal Up to 25% Lower in 2015

“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

Department Enters into Consent Order with Equity Loans, LLC and its owners Eduardo Gutierrez...

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

Business Real Estate Press Releases

Your Own Rental Property Business

Effective Tips for Starting Your Own Rental Property Business

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?

Recent Gov & Nonprofit Real Estate Press Releases

Your Own Rental Property Business

Effective Tips for Starting Your Own Rental Property Business

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?