All USA
California Housing Affordability Increases in First Quarter, CBIA Announces
SACRAMENTO, CA - May 26, 2011 - (RealEstateRama) -- Overall housing affordability in California continued to increase in the first quarter of 2011, but half of the state’s 28 metropolitan areas included in the report showed decreases, the California Building Industry Association announced today.
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. (May 25, 2011) — Mortgage applications increased 1.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 20, 2011.
Governor LePage Pitches in for Homeless
May 25, 2011 - (RealEstateRama) -- Gov. Paul LePage on Monday helped kick off a campaign to raise funds for a new $2.7 million Mid-Maine Homeless Shelter.
Federal Jury Convicts Burnsville Man of Bilking Mortgage Lenders Out of More Than $43...
MINNEAPOLIS, MN - May 25, 2011 - (RealEstateRama) -- Earlier today in federal court in St. Paul, a jury convicted a 44-year-old Burnsville man of conspiring with others to bilk mortgage lenders out of more than $43 million. Following a six-day trial, the jury found Troy David Chaika guilty on seven counts of wire fraud, three counts of mail fraud, and one count of conspiracy to commit wire fraud and mail fraud. Chaika was indicted on April 12, 2010
MBA’s Berman Testifies on the Role of FHA, Ginnie Mae and RHS in the...
WASHINGTON, D.C. - May 25, 2011 - (RealEstateRama) -- Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association, testified today before the U.S. House of Representatives Financial Services Subcommittee on Insurance, Housing and Community Opportunity at a hearing entitled "Legislative Proposals to Determine the Future Role of FHA, RHS and GNMA in the Single-and Multi-Family Mortgage Markets."
New Jersey real estate broker enables IDX solution on his website, simplifying the home...
EUGENE, OR - May 25, 2011 - (RealEstateRama) -- IDX, Inc. announces today that Jeff Klein, of Jeff Klein Realty in Oakhurst, New Jersey, has adopted IDX Broker software for his professional website. Klein now hosts five unique search functions and thousands of area listings conveniently on his website, offering potential buyers a thorough and comprehensive database of property listings. Monmouth Ocean MLS (MOMLS) homes can now be effortlessly displayed online, making the New Jersey property search all the more simple. By utilizing the IDX enabled website Klein hosts, home seekers can experience a dynamic and innovative search function and a fruitful property search, without ever leaving the website of Klein.
Online property search made easy with the IDX solution hosted by Texas broker Peerly...
EUGENE, OR - May 25, 2011 - (RealEstateRama) -- IDX Broker software has been enabled on yet another real estate website. This time IDX, Inc. and Texas real estate agent Peerly Butbul have joined forces to create an innovative property search page. As a member of the North Texas Real Estate Information Systems (NTREIS), Butbul has long had access to thousands of detailed home listings. Now, her clients can experience the same levels of accessibility and freedom to search the database, a privilege once reserved only for Dallas-Fort Worth agents and brokers. The convenience and time-saving capabilities of the website of Butbul have forever revolutionized the real estate website she hosts.
Realtors® Advocate Higher Loan Limits and Low Down Payment for FHA
Washington, DC - May 25, 2011 - (RealEstateRama) -- The Federal Housing Administration plays a critical role in the nation’s housing financing system, providing safe, affordable mortgage financing to consumers in all markets during all economic conditions, the National Association of Realtors® said in testimony today
HUD AWARDS NEARLY $34 MILLION TO 10 PUBLIC HOUSING AUTHORITIES TO CREATE EDUCATION CENTERS...
WASHINGTON, DC - May 25, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development awarded 10 public housing authorities nearly $34 million in grants today that will be used as seed money to create early childhood education and adult training facilities for public housing residents.
Builders Learn to Sell More Homes Through Social Media in Book from NAHB
WASHINGTON, D.C. - May 25, 2011 - (RealEstateRama) -- Home builders who have embraced social media strategies for marketing their business, have seen extraordinary results. According to the second edition of Social Media for Home Builders 2.0: It's Easier Than You Think, builders have seen results ranging from a 25-300 percent increase in website traffic, to increased customer referrals through using social media. This popular resource recently released by BuilderBooks, the publishing arm of the National Association of Home Builders (NAHB) teaches builders and residential construction professionals how to use social media tools such as blogs, Facebook, Twitter, LinkedIn, and YouTube, to increase their visibility and improve their sales results.
Vermont Garners Two National Awards for Affordable Housing Programs
Washington, D.C. - May 25, 2011 - (RealEstateRama) -- Vermont received national recognition for award-winning affordable housing programs on May 3 when the U.S. Dept. of Housing and Urban Development announced the Doorknocker Awards at the 20th anniversary of the HOME Program. The HOME Program is a block grant to states and cities used to fund housing affordable to lower-income Americans. The Green Mountain State took home two awards and an honorable mention in the competition, with only 14 awards presented nationally.
Impeding Availability of FHA Financing Would Be a Setback for Home Buyers, NAHB Tells...
WASHINGTON, D.C. - May 25, 2011 - (RealEstateRama) -- At a time when qualified home buyers are experiencing difficulty in obtaining mortgages because of overly restrictive underwriting requirements, the federal government needs to ensure that a reliable and adequate flow of housing credit is available through the Federal Housing Administration (FHA), according to the National Association of Home Builders (NAHB)."If we look to the dramatic increase of FHA's market share over the past few years, we can see how essential the program is for our nation's economic recovery," NAHB First Vice Chairman Barry Rutenberg, a home builder from Gainesville, Fla., told the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity.
Lee & Associates Transacts Seven-Year, 6,000-SF Lease on Behalf of Porky Products
CALABASAS, CA - May 25, 2011 - (RealEstateRama) -- Porky Products, Inc. one of the largest independent meat and seafood distributors in the country, has signed a seven year lease for approximately 6,000 square feet of office space at 5230 Las Virgenes Road in Calabasas, CA, according to Robert D. Erickson, a Principal with Lee & Associates-LA North/Ventura, Inc., who represented the tenant in the transaction.“
Lee & Associates Transacts Sale of 15-Unit Apartment Building for $2,450,000
NORTH HOLLYWOOD, CA - May 25, 2011 - (RealEstateRama) --A 15-unit multifamily asset here was sold for $2,450,000, among the highest prices paid on a per square foot and on a gross rent multiplier basis in the North Hollywood submarket since 2007, according to Jeff McGuire, Senior Vice President, Special Assets and a Principal of Lee & Associates-LA North/Ventura, Inc, who represented the buyer and the seller in the transaction.
CUSHMAN & WAKEFIELD ARRANGES HOBOKEN MULTIFAMILY TRADE
HOBOKEN, N.J. - May 25, 2011 - (RealEstateRama) -- One of Hoboken’s newest luxury rental communities, 800 Madison Street, traded this week. Commercial real estate services firm Cushman & Wakefield, Inc.’s Metropolitan Area Capital Markets Group orchestrated the property’s sale from Tarragon Corp. to CB Richard Ellis Investors.
FLATBUSH GARDENS TENANTS FILE LAWSUIT AGAINST LANDLORD
New York, NY - May 25, 2011 - (RealEstateRama) -- Flatbush Gardens Tenants Association filed a lawsuit in New York State Supreme Court today against David Bistricer, a principal of Renaissance Equity Holdings LLC, which owns and operates Flatbush Gardens, the sprawling 59-building housing complex in Brooklyn. Renaissance and an affiliated LLC are also named as defendants.
HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR NORTH DAKOTA STORM VICTIMS
WASHINGTON, DC - May 25, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of North Dakota and provide support to homeowners and low-income r...
Backlog of Multifamily Mortgage Applications at HUD Creating Economic Consequences
WASHINGTON, DC - May 25, 2011 - (RealEstateRama) -- HUD’s failure to keep pace with the volume of multifamily mortgage applications is exacerbating the nation’s shortage of workforce housing, jeopardizing the thousands of jobs created by new apartment construction and reducing the new revenues the program could be generating for the federal government.
Federal Housing Finance Agency Reports Mortgage Interest Rates
Washington, DC - May 25, 2011 - (RealEstateRama) -- The Federal Housing Finance Agency today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.80 percent based on loans closed in April. This is a decrease of 0.04 percent from the previous month.
HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR IDAHO STORM VICTIMS
WASHINGTON, DC - May 25, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Idaho and provide support to homeowners and low-income renters forced from their homes following flooding, landslides, and mudslides storm during March and April.
U.S. National
WITH NEARLY 8,000 ‘ZOMBIE HOUSES’ PLAGUING ROCHESTER, SCHUMER CALLS ON FEDS TO IMMEDIATELY RENEW...
Amid Nationwide Housing Shortage, Schumer Says Preserving HUD Partnership - Which Expires July 1 - Is Win-Win-Win For Getting Rid Of Zombie Houses, Revitalizing Neighborhoods & Creating Good-Paying Jobs For Monroe County
CHAPA and Lawyers for Civil Rights Celebrate Court Ruling Rejecting Unfunded Mandate Challenges to...
In yet another victory for the MBTA Communities Act (the “Act”), a Massachusetts Superior Court judge decisively ruled that the Act
Mixed Conditions for Single-Family Construction, Apartment Boost in Smaller Metros
Single-family construction growth registered modest gains in small metro areas and declines in large metro counties while apartment growth is shifting to counties with
Builders Auckland: Why Local Matters and the Benefits of Hiring an Auckland-Based Builder
Considering a renovation or new build in Auckland? Discover why choosing local builders can make all the difference to your project’s success. From navigating council consents to understanding local conditions, Auckland-based builders like Build Unlimited bring unique advantages that save time, money, and stress.
Reps. Cleaver, Lawler Reintroduce Bipartisan HUD Legislation to Ensure Annual Oversight
U.S. Representatives Emanuel Cleaver, II (MO-05) and Mike Lawler (NY-17) reintroduced the HUD Accountability Act of 2025, a bipartisan measure that would require the Secretary of Housing
Grounded Solutions Network and National Housing Trust Launch CLT Pilot Program to Scale Affordable...
The Robert Wood Johnson Foundation-funded initiative will provide loans and technical assistance to four community land trusts seeking to expand their housing portfolios and organizational capacity?
HUD Secretary Scott Turner Celebrates June as National Homeownership Month
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner today declared June as National Homeownership Month, celebrating the power of homeownership.
RatePlug Launches Afordal: First Integration of Home Search, Mortgage Rates, Pre-approval and Special Financing...
RatePlug Launches Afordal: First Integration of Home Search, Mortgage Rates, Pre-approval and Special Financing Options
Edison Grand Apartments Shares Ways to Decorate a Luxury Apartment Rental on a Budget
Edison Grand Apartments suggests that moving into a luxury apartment rental often feels like a dream come true. High-end
Rep. Chu Urges FEMA to Conduct Soil Testing and Remediation in LA Fire Burn...
Congresswoman Judy Chu (CA-28) led 27 California Delegation Members in a letter sent to the Federal Emergency Management Agency (FEMA) urging the agency to conduct comprehensive soil testing and establish a remediation program for properties impacted by the devastating Eaton and Palisades Fires in Los Angeles County.
HUD’s Innovative Housing Showcase “The American Home is the American Dream” Returns to the...
Secretary Scott Turner announced the return of the U.S. Department of Housing and Urban Development (HUD)’s Innovative
Investing in warmer social homes could save NHS £85 million a year, says CIH
New analysis from CIH shows that reaching EPC Band C in social housing would save the NHS over £85 million per year from 2030. CIH is calling on the government to invest a minimum of £5 billion in retrofitting social housing at the forthcoming Spending Review to help realise these savings
Commercial and Multifamily Mortgage Delinquency Rates Increased in First-Quarter 2025
Commercial mortgage delinquencies increased in the first quarter of 2025, according to the Mortgage Bankers Association’s (MBA)
Pending Home Sales Declined 6.3% in April
Pending home sales decreased 6.3% in April, according to the National Association of REALTORS®. All four U.S. regions experienced month-over-month losses in transactions. Year-over-year, contract signings rose in the Midwest but descended in the
CONSTRUCTION SPENDING DECREASES BY 0.4 PERCENT FROM MARCH TO APRIL AND 0.5 PERCENT OVER...
Private Nonresidential Investment and Homebuilding Decline as Uncertainty over Tariffs and Trade Friction Keeps Contractors and
THE MILLIONAIRE’S BLUEPRINT: HOW THE TOP 5% CREATE WEALTH WHILE EVERYONE ELSE WORKS FOR...
The strategic process of buying 2nd property in Singapore represents the critical inflection point where ordinary income-earners separate themselves from true wealth builders who understand the power of leverage and asset acquisition. I'm going to be BRUTALLY HONEST with you—while most people are obsessing over saving a few percentage points on their mortgage interest rate
Congressman Cleaver Awarded 2025 Shirley Chisholm Award for Housing by National Urban League
U.S. Representative Emanuel Cleaver has been awarded the 2025 Shirley Chisholm Award for Housing by the National Urban
NHC President & CEO David Dworkin strongly supports housing provisions in the House Ways...
David M. Dworkin, President and CEO of the National Housing Conference (NHC), released the following statement in response
EPA to Provide Nearly $1 Million to Mid-Atlantic States to Protect Beachgoers from Bacteria
The U.S. Environmental Protection Agency will provide to the states of Delaware, Maryland, Pennsylvania, and Virginia a total of $962,000 in grant funding to monitor water quality at coastal and
Rep. Judy Chu Hosts Wildfire Housing Roundtable and Press Conference
Rep. Judy Chu (CA-28) hosted a wildfire recovery housing roundtable and press conference to address the housing needs of survivors displaced by January’s devastating Eaton Fire. The roundtable brought together local nonprofits, housing advocates, and government officials from every level to discuss obstacles her constituents are facing in finding stable, affordable housing in their own communities.
U.S. States
President Donald J. Trump Approves Emergency Disaster Declaration for 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 Fire Management Assistance Granted for the Numbers Fire
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.
How Much Does It Cost To Start An LLC In Texas?
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
5 Benefits Of Using A Registered Agent In 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
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.
Brand-New Single-Tenant Starbucks Drive-Thru Trades in Fresno, Calif. for $1,345 PSF
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
Rosenberg family home for the holidays – and prepared for future hurricanes
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...
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
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
Charleston South Carolina expected to outpace national real estate market averages through 2025
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
WHAT IS THE EVICTION PROCESS IN 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 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 Katy, Houston and Spring from Monday, Dec. 9, to Saturday
Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a...
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 in the US
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.
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
HUD AWARDS $1.5 MILLION TO PUBLIC HOUSING AUTHORITIES TO ASSIST YOUNG PEOPLE AGING OUT...
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
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
NYS OASAS ANNOUNCES OPENING OF NEW RECOVERY CENTER IN NEW YORK CITY
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
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
SIXTY PERCENT OF FIRMS WORKING ON HIGHWAY UPGRADES EXPERIENCED CARS CRASHING INTO THEIR WORK...
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
New Home Sales Decline in May
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.
$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving
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.
Port Aransas ready for return of summer tourism
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: Five Months, Eight Major Awards
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
Should I Rent Out my Property on Airbnb?
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.
VA’s Home Loan Guaranty program notifies Veterans of potential loan fee waivers
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.
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
NATIONAL ASSOCIATION OF HOME BUILDERS TO CO-HOST HUD INNOVATIVE HOUSING SHOWCASE
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