All USA
Republicans Push to End Failed Mortgage Program
WASHINGTON, D.C. - March 10, 2011 - (RealEstateRama) -- Today, U.S. Senators Jim DeMint (R-South Carolina) and Bob Corker (R-Tennessee), both members of the Senate Banking Committee, and Tom Coburn, M.D. (R-Oklahoma), a member of the Senate Finance Committee, introduced legislation to end the Housing Affordable Modification Program (HAMP).
HOUSING AGENCY SECURES COUNSELING GRANT
BISMARCK, ND - March 10, 2011 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) has secured a $174,677 U.S. Department of Housing and Urban Development (HUD) grant, ensuring households statewide will have access to homebuyer education and/or housing counseling services in 2011.
Bankrate: Mortgage Rates Stabilize
NEW YORK, N.Y. - March 10, 2011 - (RealEstateRama) -- Mortgage rates showed little change this week, with the benchmark conforming 30-year fixed mortgage rate now 5.04 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.42 discount and origination points.
30-Year Fixed-Rate Mortgage Holds Steady at 4.88%
McLean, VA - March 10, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which shows mortgage rates holding steady and below 5.0 percent.
JOHNSON STATEMENT ON HOUSING MARKET HEARING
WASHINGTON, DC - March 10, 2011 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing on the state of the nation’s housing market. The Committee heard from industry leaders and experts, and discussed the current condition and challenges facing the housing market.
Gov. Hickenlooper appoints State Housing Board members
March 10, 2011 - (RealEstateRama) -- The State Housing Board works to establish uniform construction and maintenance standards for hotels, motels, multiple dwellings and factory-built housing. The Board also develops for submittal to the General Ass...
ABA SUBSIDIARY’S MORTGAGE PROGRAMS SAVE MEMBERS $27 MILLION
WASHINGTON, DC - March 10, 2011 - (RealEstateRama) -- Business Solutions, an American Bankers Association subsidiary, today announced that its Mortgage Solutions programs saved bankers over $27 million in 2010. The programs, designed to help community banks participate more successfully in the residential mortgage markets, were launched in 2001. Since that time, the banks have produced more than $160 billion in loans through the programs. In 2010, more than 1,000 ABA member banks elected to be a part of one or more of the 12 programs available through Mortgage Solutions.
ABA VICE CHAIRMAN SAYS BANKS ARE SUCCESSFULLY MANAGING FARM REAL ESTATE LOAN RISK
WASHINGTON, DC - March 10, 2011 - (RealEstateRama) -- Banks are successfully managing agricultural loan risk associated with rising farmland prices, said Matthew H. Williams, president of Gothenburg State Bank in Gothenburg, Neb., and vice chairman of the American Bankers Association at an FDIC symposium on U.S. farmland prices held today.
RECOVERY ACT CHANGED APPROACH TO BUSINESS, LAID FOUNDATION FOR AMERICAN CITIES TO WIN THE...
WASHINGTON, DC - March 10, 2011 - (RealEstateRama) -- America’s cities are better prepared to be sustainable economic engines according to a new report just released by the Department of Housing & Urban Development. The report titled The American Recovery and Reinvestment Act: Working for America’s Cities found that the Recovery Act has helped position American cities to out-educate, out-innovate, and out-build our competitors. The collaborative and innovative approaches initiated during the implementation of the Recovery Act have laid the foundation for American cities to win the future.
Optimistic Outlook for Multifamily Development, NAHB Indices Show
WASHINGTON, D.C. - March 10, 2011 - (RealEstateRama) -- Two quarterly indices produced by the National Association of Home Builders (NAHB) indicate a return to healthy market conditions for both new and existing apartment and condominium buildings.The Multifamily Production Index (MPI), which tracks developer sentiment about new construction on a scale of 1 to 100, is at 40.8 –up more than 5 full points since the previous quarter and the highest number since the fourth quarter of 2006
NAHB to Host Media Teleconference on New Chinese Drywall Guidelines
WASHINGTON, D.C. - March 10, 2011 - (RealEstateRama) The National Association of Home Builders (NAHB) will host a media teleconference on March 16 to unveil its new technical guidance document providing Chinese Drywall testing and remediation guidelines. This new resource addresses techniques for determining whether problematic drywall is present in a home and if so, how to remediate the issue. The guidelines are a result of extensive research, testing and analysis conducted by Marsh Risk Consulting and Building Health Sciences, Inc., under the direction of the NAHB Chinese Drywall taskforce. During the teleconference, Barry Rutenberg, first chairman of NAHB, Katherine Cahill, global product risk practice leader at Marsh Risk Consulting and Dr. Barbara Manis, chief medical officer at Building Health Sciences Inc. will walk listeners through the details of new guidelines
Health of Housing Market Hinges on Access to Credit, Builders Tell Congress
WASHINGTON, D.C. - March 10, 2011 - (RealEstateRama) -- An improving job market should help boost home sales and housing production later this year, but the ongoing problems that builders are facing in acquiring construction credit threatens to significantly slow the fragile housing recovery, the National Association of Home Builders (NAHB) told Congress today.
Industry Veteran Perry GraBois Joins Metro Commercial Real Estate
Mount Laurel, NJ - March 9, 2011 - (RealEstateRama) -- Metro Commercial Real Estate, Inc. is pleased to announce that Perry S. GraBois has joined its full-service brokerage team where he will expand the firm’s presence in Central and Northern New Jersey.
ROBIN HOWE JOINS VHFA AS MULTIFAMILY OPERATIONS SPECIALIST
BURLINGTON, VT - March 9, 2011 - (RealEstateRama) -- Executive Director Sarah Carpenter announced Robin Howe of Colchester has joined Vermont Housing Finance Agency (VHFA) as Multifamily Operations Specialist
The Counselors of Real Estate Presents Perspectives About U.S. Real Estate Market at MIPIM...
CHICAGO, IL - March 9, 2011 - (RealEstateRama) -- At a time when the world is searching for facts about the stability of property markets, The Counselors of Real Estate professional association will offer an unbiased and realistic view of the U.S. property markets this week at MIPIM. MIPIM, held in Cannes, France, is the world's largest global real estate conference
City Gives Building Owners 10 Days To Take Action On Damaged Buildings
March 9, 2011 - (RealEstateRama) -- Mayor Chris Beutler said the City today sent dangerous building notices to the owners of two "O" Street buildings damaged by fire December 12. The notices give the owners 10 days to repair or demolish the buildi...
Ann Kerr and Chrissy Graham Join Kentwood Real Estate in Denver Tech Center as...
DENVER, CO - March 9, 2011 - (RealEstateRama) -- Ann Kerr and Chrissy Graham, two of Colorado’s leading real estate professionals, have joined Kentwood Real Estate in the Denver Tech Center as Broker Associates. Kerr and Graham are working together ...
US Department of Labor announces ‘Stand Down’ grants to assist about 10,000 homeless veterans
WASHINGTON, DC - March 9, 2011 - (RealEstateRama) -- The U.S. Department of Labor's Veterans' Employment and Training Service today announced the availability of $600,000 in "Stand Down" grants that will provide an estimated 10,000 homeless veterans with opportunities to reintegrate into society. The grants are being awarded under the department's Homeless Veterans' Reintegration Program
SALMANSON CAPITAL ACQUIRES OFF-CAMPUS STUDENT HOUSING NEAR UNIVERSITY OF NEBRASKA FOR $7.65 MILLION
MANHATTAN, NY - March 9, 2011 - (RealEstateRama) -- Salmanson Capital, LLC, a Manhattan-based real estate firm that specializes in the acquisition and repositioning of student housing assets, has acquired an off-campus student housing complex serving U...
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - March 9, 2011 - (RealEstateRama) -- Mortgage applications increased 15.5 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 4, 2011.
U.S. National
Apartment Market Sees Tighter Conditions, Rebounding Deal Flow and Improved Debt Financing in First...
Changes in U.S. trade policy over the past two weeks have impacted global financial markets, causing stock prices to fall
Mortgage Credit Availability Remained Unchanged in April
Mortgage credit availability remained unchanged in April according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that
HUD Provides $1.8 million to Support Youth Aging Out of Foster Care on Anniversary...
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner, in collaboration with First Lady of the United States Melania Trump, today announced a $1.8 million
Real Estate Titan Ben Caballero Sets a New World Record – Again – with...
Ben Caballero has done it for the fourth time. The nation’s most productive real estate agent and a three-time world record title holder for new home sales has obliterated his own world record,
AI Uncovers $27B Risk in Appraisals: Restb.ai White Paper Finds Flawed Condition and Quality...
A new Restb.ai White Paper released today analyzes more than 1,200 real estate appraisals to reveal for the first time over $27
Heinrich, Luján Statement on President Trump’s 2026 Budget Request
U.S. Senator Martin Heinrich (D-N.M.), a member of the Senate Appropriations Committee, and U.S. Senator Ben Ray Luján (D-N.M.) released the following statement on President Trump’s Fiscal Year 2026 (FY26) Preliminary BudgetRequest, which proposes slashing critical investments that benefit New Mexico families to fund massive tax cuts for billionaires like Elon Musk
Funding Is Available To Support Cleanup of Your Home
If your home was damaged but you can live in it safely after the April severe storms and flooding, FEMA may be able to provide you with money to cover costs associated with cleanup
NAR Report Reveals Home Staging Boosts Sale Prices and Reduces Time on Market
Nearly three out of 10 (29%) real estate agents reported that staging their sellers' homes led to a 1% to 10% increase in the dollar value offered, and almost half (49%) of home sellers'
Torres on GOP “Skinny Budget”: A Full-On Assault on Working Families, Trump’s Plan to...
Congresswoman Norma Torres (CA-35) issued a statement on the administration’s plan for Fiscal Year 2026, calling it a dangerous, extremist blueprint ripped straight from Donald Trump’s playbook — a plan to Make America Unsafe Again.
FHFA House Price Index® Up 0.1 Percent in February; Up 3.9 Percent from Last...
U.S. house prices rose 0.1 percent in February, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 3.9 percent from
FEMA Assistance Available for Personal Property Loss
Kentucky residents who experienced damage from the April severe storms, straight-line winds, tornadoes, flooding, landslides, and mudslides may be eligible for FEMA assistance.
Cassidy, Young, Colleagues Introduce Legislation to Increase Affordable Housing
U.S. Senators Bill Cassidy, M.D. (R-LA), Todd Young (R-IN), and colleagues introduced the Affordable Housing Credit Improvement Act to increase affordable housing for families and workers by
Energy Efficiency Key to Reaching 50% Energy Bill Reduction Goal
The Alliance to Save Energy (ASE) today released a new brief, Maximizing Energy Efficiency: A Path to Lower Costs, Stronger Grid Resilience, and Smarter Government Spending, which
Remodeling Market Poised for Growth as the Age of Owner-Occupied Homes Increases
To kick off National Home Remodeling Month in May, which promotes the benefits of hiring a professional remodeler, the National Association of Home Builders (NAHB) has highlighted
5 Tips for Fixing Up Your Home on a Budget
As any homeowner knows, there’s always another project to work on. Unfortunately, these projects aren’t always cheap, and we end up letting them languish because we can’t afford them. If this sounds familiar, we’ll offer some tips below to lower the cost of your home renovation project and fix your home on a budget.
What to Look for During a Home Tour: A Buyer’s Guide to Seeing Beyond...
When you walk into a home for a tour, it’s easy to get swept away by the fresh paint, stylish furniture, and maybe even the smell of cookies baking in the oven. But a home tour isn’t just about
Smart Mountain Living: Utah Home Designs That Blend Comfort and Style
Utah’s high-desert terrain, with its mix of mountains, plateaus, and valleys, shapes how homes settle into the landscape. Wild temperature swings and sun exposure shift with each season. On a clear morning, sunlight sweeps over a valley rim, painting shadows along the slopes and filling large windows with changing light. In these places, thoughtful home design means more than shelter
CONSTRUCTION SPENDING DECLINES 0.5 PERCENT IN MARCH WITH DOWNTURNS IN ALL MAJOR PUBLIC AND...
Construction spending decreased 0.5 percent from February to March with a pullback in all of the largest nonresidential public
MBA Statement on Senate Bill Introduction to Raise FHA Multifamily Loan Limits
MBA President and CEO Bob Broeksmit, CMB, released the following statement regarding the introduction from Senators Ruben Gallego (D-AZ) and Dave McCormick (R-PA) of a bipartisan
Young, Cantwell Lead Legislation to Address the Housing Affordability Crisis
As many American families struggle to find a safe, affordable place to call home, U.S. Senators Todd Young (R-Ind.) and Maria Cantwell (D-Wash.) introduced legislation to help build nearly 1.6 million new affordable homes over the next decade.
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