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ING CLARION PARTNERS ACQUIRES APARTMENT BUILDING IN BROOKLYN, N.Y. FOR $27 MILLION
NEW YORK, NY - May 12, 2011 - (RealEstateRama) -- ING Clarion Partners, a leading real estate investment management organization, has acquired 44 Berry Street in the Williamsburg neighborhood of Brooklyn for $27 million, it was announced today. The property, a 54,000 square foot, six-story, 42-loft unit apartment building includes six retail businesses on the ground floor and is fully leased.
Deputy Secretary Neal S. Wolin Written Testimony Before the Senate Committee on Banking, Housing,...
WASHINGTON, D.C. - May 12, 2011 - (RealEstateRama) -- Chairman Johnson, Ranking Member Shelby, and Members of the Committee, I appreciate the opportunity to provide an update on the Treasury Department’s implementation of the Dodd-Frank Act.
New FTC Rule Impacts Realtors®’ Short Sale Business
WASHINGTON, DC - May 12, 2011 - (RealEstateRama) -- A new rule from the Federal Trade Commission that aims to protect home owners from mortgage relief scams may impact real estate professionals who represent clients involved in short sale transactions. Several hundred Realtors® learned more about the new rule and its impact on their business at the “Risk Management and License Law Forum” during the Realtors® 2011 Midyear Legislative Meetings & Trade Expo in Washington, D.C. today.
Raleigh Realtor displays IDX synced search functions and thousands of property listings on her...
EUGENE, OR - May 12, 2011 - (RealEstateRama) -- Triangle MLS (TMLS) listings are now easier than ever to search through for Raleigh, North Carolina properties, thanks in large part to IDX, Inc. and Victoria Riddell. By choosing to upgrade her website with the innovative IDX Broker software she now hosts, Riddell has made finding a Raleigh area home monumentally simpler. The TMLS database of detailed listings makes it so easy for clients of Riddell to find their dream home online. The IDX enabled website of Riddell has forever changed the way Raleigh home seekers experience the online real estate market, thanks to the dynamic search tools Riddell now hosts.
GLVAR reports Las Vegas home sales strong in April
Las Vegas, NV - May 12, 2011 - (RealEstateRama) -- Statistics released today by the Greater Las Vegas Association of REALTORS® (GLVAR) show an increased number of local homes sold in April compared to one year ago.
NAR Awards Nearly $5 Million in Workforce Housing Grants
WASHINGTON, DC - May 12, 2011 - (RealEstateRama) -- Realtors® strive to preserve and expand housing opportunities in communities across the country, and the National Association of Realtors® supported many of these efforts through the Ira Gribin Workforce Housing Grants. NAR issued a final report, “Tackling Workforce Housing State by State,” on the grant program results today at the Realtors® Midyear Legislative Meetings & Trade Expo in Washington, D.C.
55+ Builders have Brighter View of Rental Home Market, NAHB Survey Shows
WASHINGTON, D.C. - May 12, 2011 - (RealEstateRama) -- Builder confidence in the 55+ housing market was markedly more upbeat in the first quarter of 2011 for apartment production and demand than for sales of single-family or condominium homes, according to a new survey released by the National Association of Home Builders (NAHB).The NAHB’s expected demand index for 55+ multifamily rental units rose 10 points, to 44, from a year earlier, while the 55+ Housing Market Indices for single-family units and condos declined 2 and 3 points, down to 17 and 8, respectively.
Loudoun County Green Building Efforts Pay Off in LEED Silver Rating
Leesburg, VA - May 11, 2011 - (RealEstateRama) -- Loudoun County has been awarded its first LEED-certified Silver rating from the U.S. Green Building Council (USBGC) for a county government capital project. LEED, or Leadership in Energy and Environmental Design, is an internationally-recognized green building certification system
Five New Hampshire Projects Receive Tax Credit Reservations
BEDFORD, N.H. - May 11, 2011 - (RealEstateRama) -- At its recent meeting, New Hampshire Housing Finance Authority’s Board of Directors approved the commitment of nearly $3 million in federal tax credits that will be used to support construction of 21...
City Rolls Out New Program to Boost Building Energy Efficiency
Seattle, WA - May 11, 2011 - (RealEstateRama) -- The City of Seattle sent letters to more than 800 large commercial property owners and managers today informing them about a new citywide program designed to help owners and managers assess and improve building energy efficiency and spur the market for building energy retrofits.
MassHousing Awards $150,000 for Affordable Sober Housing
BOSTON, MA - May 11, 2011 - (RealEstateRama) -- MassHousing has awarded $150,000 in financing to help create or preserve affordable sober housing in Sandwich and Tewksbury.
Fannie Mae’s National Housing Survey Shows Uptick in Consumer Attitudes Since December, But Rising...
WASHINGTON, DC - May 11, 2011 - (RealEstateRama) -- Fannie Mae's latest national housing survey finds that Americans expressed more cautious optimism during the first quarter of 2011 than in the fourth quarter of 2010, but they continue to lack confidence in the overall strength of the housing market and economic recovery. The First-Quarter 2011 Fannie Mae National Housing Survey polled homeowners and renters between January 2011 and March 2011. Findings were compared to similar surveys conducted throughout 2010 and December 2003.
Customizable IDX solution simplifies management of online real estate websites for agents and brokers
EUGENE, OR - May 11, 2011 - (RealEstateRama) -- IDX, Inc. and Oklahoma City Realtor Chris Moore have teamed up to revolutionize the online real estate search process for home seekers. The convenient IDX enabled website Moore hosts has been integrated w...
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - May 11, 2011 - (RealEstateRama) -- Mortgage applications increased 8.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 6, 2011.
HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR TENNESSE STORM VICTIMS
WASHINGTON, DC - May 11, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Tennessee and provide support to homeowners and low-income renters forced from their homes following severe storms, tornadoes, and straight-line winds last month.
Realtors® Go Green with New and Improved Designation
Washington, DC - May 11, 2011 - (RealEstateRama) -- The National Association of Realtors® is modifying its popular Green Designation program to focus on residential real estate practice. “NAR research has consistently shown that there is a considerable and growing market for green buildings, and many of today’s consumers want homes and communities that are more resource efficient and sensitive to the larger environment,” said NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I. “NAR’s Green Designation helps Realtors® meet that consumer demand for green building practices. These revisions will help Realtors® continue to bring value to buyers and sellers who value eco-friendly and energy-efficient homes.”
State of Maryland Passes Green Building Legislation
Washington, D.C. - May 11, 2011 - (RealEstateRama) -- Today, Gov. Martin O’Malley of Maryland signed into law the state’s adoption of the International Green Construction Code (IGCC) enabling the adoption of the IGCC by all local governments across the state. This law is a result of legislative debate – and Maryland is the first state in the nation to make such a collective commitment to the importance of well-built buildings in addressing some of today’s biggest challenges
Realtors® Advocate Mortgage Liquidity for Creditworthy Home Buyers
Washington, DC - May 11, 2011 - (RealEstateRama) -- The pendulum on mortgage credit has swung too far in the other direction after the recent housing downturn and is putting an unnecessary burden on creditworthy consumers, impeding the economic and housing market recoveries. That’s what a panel of industry experts told several thousand Realtors® gathered at a special symposium, Ensuring Mortgage Availability for Creditworthy Homebuyers, during the Realtors® 2011 Midyear Legislative Meetings & Trade Expo in Washington, D.C., here through May 14.
Lee & Associates Transacts a $40.9 Million Multifamily Sale for Colonial Properties Trust
Torrance, CA - May 11, 2011 - (RealEstateRama) -- In the first Class A multifamily transaction to take place in Las Vegas in at least 36 months, Birmingham, Ala.-based REIT, Colonial Properties Trust (NYSE: CLP), acquired a 341-unit apartment community for $40,900,000, according to Jim Fisher, a Principal with Lee & Associates-LA North/Ventura, Inc and Stephen Peters, a Principal with Lee & Associates-Investment Services Group, who represented the buyer in the transaction.
Housing Finance Market Reform Must Ensure Mortgage Affordability, Availability
Washington, DC - May 11, 2011 - (RealEstateRama) -- Reforms to America’s housing finance market must ensure a reliable source of affordable mortgage lending for creditworthy consumers. That’s according to Realtors® and other industry insiders who examined the federal government’s future role in the secondary mortgage market at the “Fannie Mae & Freddie Mac: Obama Options and Beyond” session during the National Association of Realtors® 2011 Midyear Legislative Meetings & Trade Expo, here through May 14.
U.S. National
North York Pest Control by Just Bugs: Affordable & Effective Solutions (2025)
If you’re dealing with pests in North York—whether it’s cockroaches in your condo or mice in your basement—Just Bugs Pest Control offers fast, affordable, and professional service. With pest issues on the rise across the city, it’s more important than ever to have a trusted team on your side.
Kelly, Gallego Advance Arizona Rural Development and Public Safety Projects
Ag bill includes more than $2.7 million for rural Arizona fire, police, and flood protection projects and major investments in food assistance, rural housing, Tribal colleges, and water
Federal Judge Grants Temporary Restraining Order in Lawsuit Against HUD for Withholding Fair Housing...
The National Fair Housing Alliance ® (NFHA ™) issued the following statement after U.S. District Court Judge Sparkle L. Sooknanan granted a temporary restraining order requiring the U.S. Department of Housing and Urban Development (HUD) to distribute critical federal fair housing dollars nationwide to local,
With Energy Costs Already Rising Under Trump And Americans Bracing For An 18% Increase...
Senate Democratic Leader Chuck Schumer (D-NY) and Senate Finance Committee Ranking Member Ron Wyden (D-OR) led Senate Democrats in introducing legislation to reverse the tax hikes on clean energy Republicans passed in their “Big, Ugly Betrayal,” which would raise energy costs for Americans by hundreds of dollars, kill almost a million jobs, and shrink GPD by $1.1 trillion
Larson Joins Connecticut Coalition to End Homelessness to Blast Trump Homelessness Order and Call...
Rep. John B. Larson (CT-01) joined the Connecticut Coalition to End Homelessness’ call for action with federal and state leaders
York City Public Housing Preservation Trust Announces Design-Build Team for $400 Million Modernization of...
Following the Trust Board approval on July 8, the Trust can now move forward with executing a contract with Community Modernization Group to renovate over 1,000 apartments at the Brooklyn development
Mortgage Application Payments Decrease in June
Homebuyer affordability improved in June, with the national median payment applied for by purchase applicants decreasing to $2,172 from $2,211 in May. This is according to the Mortgage
CONSTRUCTION EMPLOYMENT INCHES UP BY 2,000 JOBS IN JULY, WHILE SPENDING DECLINES BY 0.4...
Year-over-Year Gains in Employment Slow Sharply from Previous 12 Months; Private Residential and Nonresidential Outlays Decline
How to Keep Your New Home Pest-Free After Buying a House
Moving into a new home is an exciting milestone—but it can quickly turn stressful if pests show up uninvited. Whether it’s ants in the kitchen, spiders in the basement, or mice in the walls, pest problems can make your dream home feel less than perfect. Luckily, with a little planning and maintenance, you can keep your new home pest-free from day one.
Shaping commercial spaces with light control: the rise of architectural window films
Walk into any modern office, stylish restaurant, or bustling retail store, and you’ll likely notice it — a subtle but transformative layer across the windows. Architectural window films have
‘A hidden threat’: San Mateo lawmaker warns of rising groundwater risks, seeks study funding
A Bay Area lawmaker is pushing for new federal legislation to study the threat rising groundwater poses — a hidden but growing environmental danger that experts say could worsen flooding, damage infrastructure, and contaminate drinking water.
Thrivent, Habitat for Humanity celebrate 20 years of transforming lives together
Thrivent and Habitat for Humanity International are celebrating their 20th year of partnership, which is grounded in helping families around the world access safe, affordable housing. Since
NAHB Commends Senate Banking Panel for Advancing Housing Legislation
Challenging affordability conditions, elevated interest rates and economic uncertainty continue to act as headwinds on the housing sector as many potential buyers continue to stay on the
Rounds Advances Major Housing Wins for South Dakota in Committee Markup
U.S. Senator Mike Rounds (R-S.D.) today successfully advanced key housing priorities for South Dakota during a bipartisan markup in the Senate Banking, Housing, and Urban Affairs
NAREB DEVELOPMENT ACADEMY TRAINS 227 EMERGING DEVELOPERS TO BOLSTER HOUSING CONSTRUCTION
The National Association of Real Estate Brokers (NAREB) proudly graduates 227 emerging developers from the NAREB Developers Academy on Tuesday, as the organization of Black real estate developers, known as Realtists, seeks to increase production of much-needed housing in communities nationwide.
FEMA Announces Billions in Federal Funds to Empower States to Prepare for Disasters
Over the coming weeks, FEMA is marking billions of dollars in federal funding available for state, local, tribal and territorial partners. This includes seven Notices of Funding Opportunity that
Horsford Opening Statement at Field Hearing on the One, Big, Ugly Law
Thank you, Mr. Chairman – and welcome to my hometown, Las Vegas, Nevada. And before, I get into my remarks – Mr. Chairman, as you know, Senate Republicans unilaterally thrusted the gaming economy and its patrons into uncertainty with the unjust inclusion of the wagering loss
Urban Land Institute Launches California-Nevada Partnership to Advance Urban Resilience and Climate Leadership
The Urban Land Institute (ULI) today announced a new regional initiative in partnership with seven public agencies across
Second Century Ventures Announces 9 Companies for 2025 REACH Commercial Scale-Up Program
Second Century Ventures, the strategic investment arm of the National Association of Realtors® and the most active global real
Tuberville Introduces Huntsville’s Bill Roark During HELP Hearing
U.S. Senator Tommy Tuberville (R-AL)introduced Mr. Bill Roark of Huntsville, Alabama, as a witness appearing before the Senate Health, Education, Labor, and Pensions (HELP) Committee. The hearing was about empowering workers by expanding employee ownership.
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