Monday, May 16, 2022
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U.S. FORECLOSURE ACTIVITY INCREASES 75 PERCENT IN 2007

RealtyTrac the leading online marketplace for foreclosure properties, today released year-end data from its 2007 U.S. Foreclosure Market Report, which shows a total of 2,203,295 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 1,285,873 properties nationwide during the year, up 75 percent from 2006.

NAREE Real Estate Journalism Competition to Offer More Than $10,000 in Cash Awards

NAREE REAL ESTATE JOURNALISM CONTEST EXPANDS WITH 11 NEW CATEGORIES; $10,000 IN PRIZE MONEY. AWARDS OPEN FOR WEEKLY BUSINESS PAPERS, SPOT NEWS REPORTS; MORTGAGE & HOME DESIGN WRITERS

Among Foreign Investors, U.S. Real Estate Trounces Competition – But Gap between U.S. and...

Despite a growing interest in Asia, U.S. real estate, by a wide margin, has risen to the top of the global property market among foreign investors, with New York City and Washington named the top two global cities for foreign investors' real estate dollars according to the results of the 16th annual survey released today by the Association of Foreign Investors in Real Estate (AFIRE).

Live Auction Industry Exceeds $270 Billion in 2007

OVERLAND PARK, Kan., Jan. 28 /PRNewswire-USNewswire/ -- In 2007 the gross revenue from goods and services sold at live auction grew 5.3% to $270.7 billion. In 2006, the auction industry sold $257.2 billion in goods and services at auction, an increase of 7.1% from 2005

Foreclosing on the American Dream?

Nation's Most Respected Housing Experts Discuss Solutions to Foreclosure Crisis & Ways to Recreate Sustainable Homeownership At National Community Reinvestment Coalition Annual Conference - March 12_15

Fixed-Rate Mortgage Rates Plummet To Lowest Levels In Four Years

McLean, VA – January 24, 2008 - Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 5.48 percent with an average 0.4 point for the week ending January 24, 2008, down from last week when it averaged 5.69 percent as well. Last year at this time, the 30-year FRM averaged 6.25 percent.

2007 Existing-home Sales Fifth Highest

Existing-home sales declined in December following several months of stable activity, with total sales in 2007 still at the fifth highest on record, according to the NATIONAL ASSOCIATION OF REALTORS

Existing-home Sales Down in December but 2007 was Fifth Highest on Record

WASHINGTON, January 24, 2008 - Existing-home sales declined in December following several months of stable activity, with total sales in 2007 at the fifth highest on record, according to the National Association of Realtors

Manufactured Housing Well Positioned to Provide Quality Affordable Homeownership

Washington, DC, January 22 - The Manufactured Housing Institute (MHI), today, released its National Policy Agenda for 2008. Gail Cardwell, President of MHI said, “Manufactured and modular housing are the right answer, at the right time for consumers looking for quality housing options.

America’s Richest Counties

It's easy to assume that the nation's richest counties dot the tri-state area around New York City, or San Francisco's Bay Area. Homeowners there, after all, shell out millions of dollars for small luxuries such as a lawn and a garage.

Over 300 Bank-Owned Homes Hit Auction Block in Buckeye State While Another 50 Pittsburgh...

As home prices drop and foreclosures swell, particularly in states like Ohio, buyers are increasingly flocking to foreclosed real estate auctions to find discounted property. Auctions of foreclosed homes, also known as bank-owned, give buyers an opportunity to purchase property below market value because banks are eager to dispose of these non-performing loans.

Stimulus Package Must Include Loan Limit Increase to Help Homeowners, Economy Immediately, Says NAR

WASHINGTON, January 17, 2008 - The National Association of Realtors® today urged President George W. Bush and Congress to help homeowners and the national economy by loosening constraints on Fannie Mae and Freddie Mac as an integral part of a federal stimulus package currently being discussed.

America’s Most Lucrative Neighborhoods

Twenty years ago, few house-hunters were interested in Charlestown, Mass. In this small, dense neighborhood, just across the river from Boston, commercial fishing piers and industrial development fell in the shadow of Interstate 93. Property values were appropriately low.

Secretary Paulson Statement on HOPE NOW Progress Report

Washington - Secretary Henry M. Paulson, Jr. issued the following statement today regarding the HOPE NOW alliance's progress report on the number of homeowners helped since the organization's inception. The report indicated that during the fourth quarter, following the creation of the alliance, mortgage servicers in the organization were modifying subprime loans three times faster than in the third quarter.

Foreclosure Crackdown May Hurt Investors

States Clamp Down on Sharks; Legitimate Investors May Feel Sting As the number of foreclosure filings climbs, increasing by 99.5 percent between the third quarter of 2006 and that of 2007, so does the number of laws designed to protect consumers from scams that pretend to help troubled home owners refinance.

Get Rich in Your Niche: Sales Strategy for Today

Real estate practitioners need to adopt new strategies in the new year to give them a competitive edge, given that there are more than 2.5 million licensed real estate practitioners nationwide--all of them competing for work in a slow market.

RE/MAX Ranked the Top Real Estate Franchise

(Denver, CO., January 16, 2008) - RE/MAX International is the nation's number one real estate franchise, and the number ten franchise overall, according to Entrepreneur Magazine's 29th Annual "Franchise 500 Survey." RE/MAX has held the honor of the top real estate franchisor for eight of the past ten years.

NMHC/NAA File Suit to Block New Regulations Restricting Contracts Between Apartment Owners and Cable...

WASHINGTON, DC -- The National Multi Housing Council and National Apartment Association (NMHC/NAA) today filed a lawsuit against the Federal Communications Commission (FCC) asking the courts to strike down the FCC’s recently issued regulations retroactively banning “exclusive access” agreements between cable providers and apartment owners.

Foreclosures Push Down Rents

Due to home owners trying to rent homes they can’t sell, rentals are abundant and prices are at bargain levels in areas hit hard by foreclosures.

MBA’s “Stop the Cram Down Resource Center” Puts a Price Tag on Bankruptcy Reform

WASHINGTON, D.C. - Jan. 15, 2007 - A proposed change in the bankruptcy law that would allow bankruptcy judges to unilaterally change the terms of mortgage contracts would cost home buyers across the country hundreds of dollars every month and thousands of dollars a year, according to a new resource on MBA’s website

U.S. National


Atlanta REALTOR® Wins National Award

National
The National Association of Realtors® last week presented Ennis Antoine with a Meritorious Service Award for his legislative and regulatory accomplishments as one of NAR's Federal Political Coordinators. During each Congressional term, NAR selects 535 FPCs to serve as a conduit between Members of Congress and his or her respective real estate market.

State designates $62 million for affordable housing development

National
Governor Kelly capped off the legislative session by signing two major bipartisan housing bills into law, representing a significant expansion of resources to support statewide housing development. The measures represent a combined $62 million in new housing resources, as well as initiatives to incentivize housing development
Luna Vista Apartments_Ken Gutmaker_sm

Alta Housing Celebrates Grand Opening of New Affordable Housing Community in Mountain View, California

National
Alta Housing, a community-based, nonprofit developer, is celebrating Affordable Housing Month with the grand opening

A Must Consider Factors When Choosing an Efficient Coworking Space

National
Up until 2005, you needed to rent an office space where you could work without distraction. Thanks to the evolution of working space that has since changed, you can share a working space with like-minded individuals. This trend spreads like wildfire, with Statista estimating that coworking spaces will reach close to 26,000 by 2025
AGC

NONRESIDENTIAL CONSTRUCTION INPUT PRICES SOAR 21 PERCENT FROM APRIL 2021 TO LAST MONTH; ASSOCIATION...

National
Wide Range of Costs Rise at Double-Digit Rates, Led by 86 Percent Jump in Price Index for Diesel Fuel, 45 Percent for Aluminum Mill Shapes, 32 Percent for Architectural Coatings

5 Most Common Water Purifier Problems And Solutions

National
It is possible to get a water purifier for 4 to 5 years, but you need to take good care of it. There are common problems with your water purifier that you will have to deal with after that. There are many water purifier problems, not just one of them is water leakage.

The best estate agents in Liverpool

National
The Liverpool real estate market is a mature market with centuries of history and a tradition of respect for property rights. In 2020-2021 it experienced a staggering growth that, in many ways, continues to this day. Thanks to the measures introduced to support the economy, tax breaks for buyers, and a reduction in the refinancing rate in 2020, housing prices increased by 10% per year and continue to grow.
4 Tips That Can Help You Sell That House Quicker

4 Tips That Can Help You Sell That House Quicker

National
The real estate bubble may not be as lucrative as it was in 2021, but reports from TheAtlantic.com prove that this year is still a busy one for those looking to sell. To date, about 3.8 million
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.
DOE

DOE Seeks Feedback on President Biden’s Bipartisan Infrastructure Law Investments to Upgrade and Build...

National
The U.S. Department of Energy today issued a Request for Information (RFI) seeking public input on the structure of the $2.5 billion Transmission Facilitation Program (TFP)
NAHB

More than 10,000 Housing Industry Representatives Send Letter to Biden Warning of Housing Crisis

National
More than 10,000 members of the National Association of Home Builders (NAHB) today sent a letter to President Biden calling on the White House to take immediate action as the growing housing

New York State Board of Real Estate Appraisal to Meet Thursday, May 12, 2022...

National
PUBLIC NOTICE OF MEETING OF THE NEW YORK STATE BOARD OF REAL ESTATE APPRAISAL AND PUBLIC HEARING PURSUANT TO PART WW OF CHAPTER 56 OF THE LAWS OF 2022
Increase Solar Sales

How to Increase Solar Sales

National
Solar power is growing more popular by the day as more and more people are switching over to this power source. The popularity of this energy source can be tied to all the numerous benefits it offers not just to the users but also to the environment at large.

EFC is Accepting Applications for $18M in Water Quality Grant Funding

National
The New York State Environmental Facilities Corporation is pleased to announce the application period is open for the Green Innovation Grant (GIGP) and Engineering Planning Grant (EPG) programs. Governor Kathy Hochul this week announced the available funding through the launch of Round 12 of the Consolidated Funding Application (CFA).
Low-Cost Marketing Ideas For Real Estate Teams

5 Low-Cost Marketing Ideas For Real Estate Teams

National
Real estate is one of the most valuable industries in the world market today, with many countries generating billions of market assets. Considering the earning potential of many real estate
Towns@UrbanOak_sm

KTGY-Designed Residential Communities Receive Recognition for Best Architectural Design at San Francisco’s Bay Area’s...

National
KTGY, a leading full-service architecture, branding, interior and planning firm focused on residential, retail, hospitality and mixed-use developments, announced today that the Building Industry
Statics Graph HomeJab-Curve

“HomeJab Curve” shows real estate remains seasonal, despite tight inventory and the impact of...

National
A new study of data from the last four years by HomeJab debunks reports that tight inventory and COVID-19 have changed real estate seasonality.

City of Tustin Enters into Exclusive Negotiating Agreement with AvalonBay Communities Inc. and Abode...

National
The City of Tustin (City) in collaboration with co-developers AvalonBay Communities Inc. and Abode Communities has entered into an Exclusive Negotiating Agreement (ENA) to develop “Legacy Village,” a 19.4-acre mixed-use project featuring more than 1,200 apartments at Tustin Legacy. Twenty-five percent (25%) of the apartments will be reserved for families and individuals earning between 30% and 80% Area Median Income in Orange County.

The Atlanta REALTORS® Association Raises Money for Covenant House Georgia at its 2022 Social...

National
The Atlanta REALTORS® Association (ARA) held its annual Social Fundraiser at KR Steakbar on Wednesday, April 27, 2022. The annual event, which always benefits a local charity, provides an opportunity for area REALTORS® to come together in a lively, fun atmosphere to raise money for a great cause. This year's event was no exception. REALTORS®, sponsors, and members of the community enjoyed themselves at a casino themed event

Five Tips for New Realtors

National
If you have recently embarked on your journey as a real estate agent, you may be eager to get out there and start selling homes. However, before you go out on your own it’s important to take a few things into consideration first. Do you want to work independently or with a firm? Do you have a business plan? Do you know what a real estate CRM is? These are all things to think about before setting out. Below, you will find five tips for new realtors that could significantly help you succeed in your career

U.S. States


FEMA

President Donald J. Trump Approves Emergency Disaster Declaration for Texas

Texas
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
FEMA

FEMA Fire Management Assistance Granted for the Numbers Fire

California
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.
Start An LLC In Texas

How Much Does It Cost To Start An LLC In Texas?

National
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
Registered Agent In Texas

5 Benefits Of Using A Registered Agent In Texas

Texas
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 

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

Popular


AGC

SIXTY PERCENT OF FIRMS WORKING ON HIGHWAY UPGRADES EXPERIENCED CARS CRASHING INTO THEIR WORK...

National
Annual Survey by HCSS and Associated General Contractors of America Finds Drivers and Passengers are at Greater Risk of Injury and Death in Work Zone Crashes As Officials Urge Drivers
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

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

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.

Recent Gov & Nonprofit Real Estate Press Releases

Atlanta REALTOR® Wins National Award

The National Association of Realtors® last week presented Ennis Antoine with a Meritorious Service Award for his legislative and regulatory accomplishments as one of NAR's Federal Political Coordinators. During each Congressional term, NAR selects 535 FPCs to serve as a conduit between Members of Congress and his or her respective real estate market.