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."
WASHINGTON, D.C. - January 17, 2011 - (RealEstateRama) -- Three National Association of Home Builders (NAHB) members, home builders and remodelers who are certifying their projects to the federal Department of Energy’s Builders Challenge program say that affordability, not cutting-edge technology, is key to their ability to seal the deal with home buyers.The builders spoke at press conference during the NAHB International Builders’ Show, which observed its fourth annual Green Day on Jan. 13.
WASHINGTON, D.C. - January 17, 2011 - (RealEstateRama) -- The 2011 edition of The New American Home (TNAH) features leading-edge green building technology woven seamlessly into the elegant architecture of the well-crafted house. The home has achieved “Emerald” status under the National Green Building Standard certification program.Featuring American Empire design with Greek Revival elements, the home combines an inviting layout with graceful style, eccentric interiors and easy classicism. Built in a quiet Orlando neighborhood, it offers lake views with the Orlando skyline beyond.
WASHINGTON, D.C. - January 17, 2011 - (RealEstateRama) -- Housing will see gradual improvements in activity this year as the nation’s economy and job market continue to move to higher ground, establishing momentum that will produce more considerable gains in 2012, according to economists who appeared at the NAHB International Builders’ Show in Orlando on Jan.
Destin, FL - January 17, 2011 - (RealEstateRama) -- The best and worst housing market forecasts for 2011 have been issued by Housing Predictor, which selects the 25 best and 25 worst markets annually. Markets selected have the highest probability of reaching their forecasts, and are updated over the entire year as housing market conditions change
Denver, CO - January 17, 2011 - (RealEstateRama) -- RE/MAX, LLC will be sponsoring an 18-city concert tour to benefit Children's Miracle Network Hospitals, an organization that RE/MAX and its agents worldwide have raised more than $100 million to support since 1992. The concert features 9-year-old child prodigy, musician, composer and actor Ethan Bortnick who is rapidly becoming an international sensation.
USAA Real Estate Company and Gables Residential Enter Large National Development and Acquisition Venture
WASHINGTON, D.C. - January 14, 2011 - (RealEstateRama) -- On January 12th, an affiliate of USAA Real Estate Company executed a Joint Venture Agreement with Gables Residential to develop Class-A multi-family properties at select urban infill sites as well as purchase an interest in several of Gables’ best-in-class stabilized properties. The development and acquisitions amount to over $400 million of Class-A multi-family assets
Dallas, TX - January 14, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) has appointed Michael Caffey as Senior Managing Director and Dallas/Fort Worth market leader. In that role Mr. Caffey will be responsible for overseeing all business lines for CB Richard Ellis in the North Texas market area as well as the Company’s Oklahoma affiliate operations. Mr. Caffey is currently a Managing Director in CBRE’s Dallas office. He succeeds Mark Fewin, who was named last November as Global Leader for Project Management Services
NEW YORK, N.Y. - January 14, 2011 - (RealEstateRama) -- Mortgage rates were mostly lower this week, except for the benchmark conforming 30-year fixed mortgage rate, which held at 4.94 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.38 discount and origination points.
WASHINGTON, D.C. - January 14, 2011 - (RealEstateRama) -- Green-built homes will take an increasingly large percentage of the market in direct proportion to their price – because home buyers’ prime motivation today is cost effectiveness, according to representatives from four suppliers and product manufactures who spoke today at the National Association of Home Builders International Builders’ Show in Orlando, Fla.“The key is value for every stakeholder in the process,” from the manufacturer to the builder and the home buyer, said Richard Davenport, director of sustainable construction for BASF.
WASHINGTON, D.C. - January 14, 2011 - (RealEstateRama) -- New job creation amid a slowly recovering economy is creating increased demand by new renters seeking to move into apartments. However, the lack of credit needed to finance the development of apartments is already causing rents to increase and is likely to lead to a shortage of available apartments in the next few years.“Although we are forecasting construction of 133,000 new multifamily residences in 2011,” said the National Association of Home Builders’ chief economist, David Crowe, “that is far short of the 250,000 to 300,000 units that would be required to keep supply and demand in balance
WASHINGTON, D.C. - January 14, 2011 - (RealEstateRama) -- A joint study by the 50+ Housing Council of the National Association of Home Builders (NAHB) and the MetLife Mature Market Institute shows the recession has made 55+ buyers more practical when selecting a new home. Design considerations have become less important, and financial concerns have become more prominent.Previous studies from these two organizations found that most 55+ buyers depended on home sale proceeds to finance a new purchase. The most recent data shows that option diminished during the economic downturn.
WASHINGTON, DC - January 14, 2011 - (RealEstateRama) -- The U.S. Dept. of Housing and Urban Development today awarded nearly $127 million in grants to 48 local projects to conduct a wide range of activities intended to protect children and families from potentially dangerous lead-based paint and other home health and safety hazards (see chart below)
EnergyValue Housing Awards Honor Builders & Remodelers Who Focus on Energy-Efficient Construction, Customer Satisfaction
Orlando, FL - January 14, 2011 - (RealEstateRama) -- With the current state of the national economy, consumers are looking for ways to reduce costs wherever they can – operation of their homes is certainly no exception. In direct response to their customers' needs, and their own desire to "do the right thing," many home builders and remodelers have taken strides to incorporate features that make homes more energy efficient, comfortable, cost-effective to operate and maintain, and generally more friendly to the natural environment. Tuesday night, at a dinner celebration just prior to the start of the 2011 International Builders' Show, an elite group of these conscientious residential professionals received EnergyValue Housing Awards (EVHA) for new and existing homes
DENVER, CO - January 13, 2011 - (RealEstateRama) -- Kentwood City Properties, one of three strategically-located offices that comprise Kentwood Real Estate, has recorded its highest historic residential real estate sales volume since the office was formed in 1999. The office and its leading real estate professionals posted total sales volume of nearly $340 million for 2010, approximately $35 million more that its previous high sales volume.
Cincinnati, OH - January 13, 2011 - (RealEstateRama) -- With the help of a brand new network of empowered real estate brokers and agents, home buyers can now receive a sizeable part of the real estate broker commission similar to the side deals relocation companies have been receiving for years. Real estate brokers have long shared commissions with relo companies and out-of-state brokers that refer home buyers to their office. Now, select brokers in the EmpoweredBuyer.com network are extending the commission-sharing to a new breed of knowledgeable home buyers.
CHICAGO, IL - January 13, 2011 - (RealEstateRama) -- Leading Real Estate Companies of the World® (LeadingRE), the world's largest network of leading independent real estate brokers, continued to expand in 2010, with over 50 new offices and 2,300 sales associates added during the year. A strong pipeline of new member candidates ensures additional growth in early 2011.
Canyon Title Inc, a Boston National Company, announced today that Robert Lindley, President and CEO of Canyon Title, has been selected for the 2021 Titan 100 by Wipfli, LLP. Collectively, the Titan 100 and their companies employ more than 127,00
As an investor, the importance of making sure your hard-earned money goes into the right place can not be over-emphasized. The real estate business is a good option to earn a lot of money, and condo units are usually cheaper than buying single-family homes.
Are you looking to buy a house in Iowa but wondering if you should hire a real estate agent or not? If yes, this post is for you. In this post, you will learn why you need Northern Iowa realty services.
The thought of maintaining a house and a yard all alone is one of the factors that discourage most house hunters. Fortunately, there are other kinds of properties that do not require a lot of upkeep to maintain.
Bathroom renovations have become a popular choice for people to update their homes. From the moment you enter your bathroom, you know that there is something different about it as soon as you see wall tiles and fixtures in colors or styles that are not typically seen in other rooms of the house.
Housing inventory is at record lows, pushing home prices to new highs. Many homeowners are considering selling their homes to take advantage of today's hot real estate market but don’t realize there are several options available to them.
RealSource Group, a commercial real estate brokerage company focused on healthcare, retail and educational properties nationwide and trailblazer of the national master brokerage
As part of tackling the climate crisis, GSA stands up task groups on decarbonization and partners with NAACP on environmental justice WASHINGTON, DC - RealEstateRama -...
Justice Department Issues Statement Announcing Decision to Appeal Alabama Association of Realtors v. HHS
Brian M. Boynton, Acting Assistant Attorney General for the Justice Department's Civil Division, released the following statement: “The CDC’s eviction moratorium — which Congress
There are many reasons to enjoy a virtual tour. Also, a lot of evidence exists that shows those looking for a home to buy will actually take a look around online initially. Many will also end up purchasing the same home they saw while searching websites. But why exactly do they enjoy viewing homes virtually?
You may be feeling you’ve outgrown your starter house, whether in terms of lifestyle, family size or the amount of work you need to put into your current property. Whatever the reason, many people dream and aspire to a larger home. Here are some of the factors to consider to decide if you’re ready for a bigger home.
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 delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.38 percent of all loans outstanding at the end of the first quarter of 2021
Pending home sales increased in March, snapping two consecutive months of declines, according to the National Association of Realtors®. All but one of the four major U.S. regions experienced month-over-month gains in March
There’s a lot that goes into a moving day. At this point, you’ve already found your landing spot, packed up the house, and coordinated the movers. You’ve been busy getting here, so it’s not uncommon to forget a few things here and there.
Allergies can be a pain in the… Ok, let’s not go there and say that word, but you surely know how the sentence would end. Food allergies already are bad enough. On the other hand, you could also view food allergies as a good omen or self-protection system by your body
Hanley Investment Group Arranges Sale of New Single-Tenant Burger King Prototype with Double-Drive Thru...
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
Construction Underway on New, Sustainable Apartment Community in Boulder’s Transit-Oriented S’PARK Neighborhood
KTGY, a leading full-service architecture, branding, interior and planning firm focused on residential, hospitality, mixed-use developments and neighborhood revitalization, announced today
NONRESIDENTIAL CONSTRUCTION OUTLAYS DROP IN MARCH FOR FOURTH-STRAIGHT MONTH AS WEAK DEMAND, SUPPLY-CHAIN WOES...
Nonresidential construction spending fell to a two-year low in March as contractors struggled with slumping demand for most project types and growing shortages of materials, transport
The National Puerto Rican Agenda (NPRA), the largest coalition representing the Puerto Rican diaspora across the United States, announces the launch of an urgent national campaign to protect, preserve and strengthen the mission and resources of the Center for Puerto Rican Studies
FEMA announced federal disaster assistance has been made available to the state of Texas to supplement state and local recovery efforts in the areas affected by Hurricane Hanna from July 25, 2020, and continuing
The Federal Emergency Management Agency (FEMA) has authorized the use of federal funds to assist the State of Nevada in combating the Numbers Fire burning in Douglas County.
In the process of setting up your Texas LLC, you'll be faced with quite a few expenses. Some of these are required by legislation, and others are just recommended. We'll cover the costs of setting up an LLC in Texas and also provide you with the informatio
The services of a registration agent began as part of due process in the US Constitution. A lawsuit includes the legal right to be notified of claims or other legal matters. Here are some brief things that will help explain what a Registered Agent Service In Texas
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
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