Wednesday, May 8, 2024
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Most Affordable Places To Live Well

Triple-digit monthly parking fees, $12 movie tickets, clogged intersections and weekly grocery bills that rival some mortgage payments. Welcome to life in the Big Apple. And Los Angeles. And Chicago.

Top Ten Things to Know if You’re Interested in a Reverse Mortgage

Reverse Mortgages are becoming popular in America. The U.S. Department of Housing and Urban Development (HUD) created one of the first. HUD's Reverse Mortgage is a federally-insured private loan, and it's a safe plan that can give older Americans greater financial security. Many seniors use it to supplement social security, meet unexpected medical expenses, make home improvements, and more.

Sound Fundamentals Promise Improved Housing

Market It was a mystery that only the crack investigators at RSI — the REALTOR® Scene Investigation — could uncover.

Realtors(R) Convene in Record Numbers, Aim to Improve Market Confidence

LAS VEGAS, Nov. 12 /PRNewswire-USNewswire/ -- Pat V. Combs, president of the National Association of Realtors, today urged Realtors to help restore confidence in the real estate market by educating the public about the value of housing as a good long-term investment. With the market's positive economic fundamentals, 2007 is turning out to be one of strongest years on record, she said.

Industry Survey Reports on New Challenges Facing Home Buyers

National
ARLINGTON, Va., Nov. 9 /PRNewswire-USNewswire/ -- Recently media attention has been heavily focused on the difficulties home sellers face with the current glut of inventory and the tightening of the sub-prime mortgage market. However, according to a Fall member survey and report from the National Association of Exclusive Buyer Agents, home buyers are also facing new challenges.

Ten Rising-In-Value Real Estate Markets

Home prices nationwide posted their biggest drop in 16 years last month, according to the National Association of Realtors.

Financial Service Committee Approves Comprehensive Mortgage Reform and Anti-Predatory Lending Legislation

Washington, DC – The House Committee on Financial Services today approved historic bipartisan mortgage reform legislation and anti-predatory lending practices by a vote of 45 to 19. H.R. 3915, the “The Mortgage Reform and Anti-Predatory Lending Act of 2007” will create a licensing system for residential mortgage loan originators, establish a minimum standard requiring that borrowers have a reasonable ability to repay a loan, and will attach a limited liability to secondary market securitizers.

Ginnie Mae Guarantees First Home Equity Conversion Mortgage Mortgage-Backed Security

Washington, DC, November 9, 2007 - Today, the Government National Mortgage Association (Ginnie Mae) announced the first issuance of its new Home Equity Conversion Mortgage (HECM) Mortgage-Backed Security (HMBS). The $116 million issuance is the first-ever government-guaranteed mortgage-backed security collateralized by Federal Housing Administration (FHA) insured reverse mortgages (HECM).

Mortgage reset bill vote likely next week

WASHINGTON, Nov. 8, 2007 — The House Judiciary Committee has decided to resume consideration next week of a bill that seeks to revise sections of the U.S. Bankruptcy Code and give judges power to modify certain terms in existing mortgages.

Senate Banking Chairman Dodd Introduces Bills To Help Lower Costs For Homeowners And Businesses...

Washington, D.C., November 9, 2007 -- Recognizing that immediate assistance is needed for those living near coastal areas who are grappling with skyrocketing property insurance premiums, Senator Chris Dodd, D-Conn., Chairman of the Senate Banking, Housing and Urban Affairs Committee, today introduced two bills to help American homeowners and businesses lessen the financial strain experienced as a result of natural disasters

Best Cities to Live Well and Affordably

One of the best ways to live well is to choose a hometown that has access to arts, leisure, and entertainment offerings – plus a low cost of housing.

House Approves Disaster Insurance Legislation

The House of Representatives on Thursday approved a bill that would help protect insurance markets in disaster-prone states from suffering devastating losses in the event of a catastrophic natural disaster.

House Passes Klein-Mahoney Homeowners Insurance Bill

Innovative and Common-Sense Legislation Eliminates Federal Bailouts and Provide Property Owners Relief by Increasing Acess and Lowering Insurance Rates

Home Prices Decline, Foreclosures Rise, But Houses Keep Coming

COLLEGE STATION, TX, – Nov. 8, 2007 – With new homes springing up across the country, it is easy to forget that the housing market has fallen on hard times. But economist Dr. Mark Dotzour says the continued construction is simply a matter of survival for home builders.

The economic outlook

November 8, 2007 -- Chairman Schumer, Vice Chairman Maloney, Representative Saxton, and other members of the Committee, thank you for inviting me here this morning to present an update on the economic situation and outlook.

Five Solutions for a Troubled Housing Market

How do you fix a troubled housing market? Forbes.com asked that question of a broad range of housing experts, including CEOs of real estate firms, real estate practitioners, economists from lending institutions, and research directors at analytics firms. Here are five of their best suggestions.

CUNA advises balance in House mortgage bill

WASHINGTON, November 7, 2007 -- The Credit Union National Association (CUNA) Tuesday said it supports legislation intended to eliminate predatory mortgage lending practices, but advised that some provisions are "more appropriately tailored" for the mortgage brokerage industry than for depository institutions.

New Report Outlines Methods for Increasing Investments in Supportive Housing

WASHINGTON - November 7, 2007 - The Supportive Housing Investment Partnership, a collaboration between Enterprise Community Partners and the Corporation for Supportive Housing, recently released a comprehensive update on how states are using innovative policies to produce permanent affordable housing with support services to address homelessness.

Consumer Alert — Mortgage Foreclosure Scams

Are you having trouble making your home mortgage payments? Are you facing foreclosure on your home? Get all the facts before you pay someone to help you work out your mortgage problems.

HUD reports drop in number of chronically homeless persons living on nation’s streets

WASHINGTON - For the first time ever, the U.S. Department of Housing and Urban Development is reporting a nearly 12 percent decrease in the number of chronically homeless persons living on the nation's streets. HUD's analysis found that more than 20,000 persons moved from the streets into transitional and permanent supportive housing between 2005 and 2006

U.S. National


USDOJ

USGBC Joins Group Celebrating Updated Energy Efficiency Rules for New U.S.-Backed Homes

National
The U.S. Green Building Council (USGBC), the leading authority on green building and the global developer of the LEED green building program, joined advocates and industry groups today in welcoming newly adopted energy codes for federally supported homes across the U.S.
Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to Support Ukrainian Refugees

National
GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.
NAR

More Than 90% of Metro Areas Recorded Home Price Increases in First Quarter of...

National
More than 90% of metro markets (205 out of 221, or 93%) posted home price gains in the first quarter of 2024, as the 30-year fixed mortgage rate ranged from 6.60% to 6.94%, according
Mansoor Bahramand - CTO Revive

Revive CTO Mansoor Bahramand Named 2024 “Future Leader in Real Estate”

National
Revive, the leading provider of pre-sale home renovation solutions, announced that Mansoor Bahramand, its Chief Technology Officer, has been named a 2024 “Future Leader in

How Great Landscaping Can Help Boost Home Property Value

National
A home's value is determined by several elements, and landscaping is important for improving a property's curb appeal and overall attractiveness. Well-designed landscaping, such as verdant gardens, tidy lawns, and eye-catching outdoor living areas, may dramatically raise a home's value.

Breathing Life Back into Your Lawn: A Guide to Lawn Care Aeration

National
Dallas lawns face a unique set of challenges. The hot Texas summers, coupled with compacted soil from regular foot traffic and heavy clay content in some areas, can lead to compacted soil, hindering air, water, and nutrient penetration to the grassroots. This results in a stressed lawn that's more susceptible to disease, pests, and poor growth.
MBA

Statement of Jeffrey Weidell, CEO of Northmarq and MBA 2024 COMBOG Chair, on Commercial...

National
Jeffrey Weidell, CEO of Northmarq and 2024 Mortgage Bankers Association (MBA) COMBOG Chair, testified today at a hearing titled, "Health of the Commercial Real Estate Markets and
FHFA

FHFA House Price Index Up 1.2 Percent in February; Up 7.0 Percent from Last...

National
U.S. house prices rose in February, up 1.2 percent from January, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House

MEDIA ADVISORY: ELEVATOR SAFETY AND STANDARDS ADVISORY BOARD MEETING

National
The public has the right to attend the meeting at any of the locations. Alternatively, the public may attend the live meeting remotely: The Board assists the NYS Department of Labor and the Commissioner of Labor with regulations, compliance and licensing covering elevators, motorized lifts and walkways, chair lifts and other similar equipment.
Why Roofing Materials Matter When Fixing Up Your Home For Resale

Why Roofing Materials Matter When Fixing Up Your Home For Resale

National
When preparing your home for resale, attention to detail is key to maximizing its value and appeal to potential buyers. While many aspects of home improvement are important, the choice of
AGC

CONSTRUCTION SPENDING DIPS 0.2 PERCENT IN MARCH AS DECREASES IN PRIVATE NONRESIDENTIAL AND RESIDENTIAL...

National
Total construction spending dipped from February to March with declines in private nonresidential and residential projects that
Congresswoman Linda Sánchez

Sánchez delivers $850,000 to Santa Fe Springs for Slauson Avenue improvement

National
On Saturday, President Biden signed into law the Consolidated Appropriations Act of 2024, a package of six domestic funding bills focused on lowering costs for families and creating good

Wood Gate: The Perfect Entryway to Your Outdoor Oasis

National
When it comes to the exterior of your home, the entryway sets the tone for what lies beyond. A wood gate is the perfect addition to create a warm and inviting welcome for your guests. Its natural beauty and timeless appeal can instantly enhance the curb appeal of your property, making a lasting impression.

CONSUMER ALERT: NEW YORK DEPARTMENT OF STATE’S DIVISION OF CONSUMER PROTECTION RELEASES TIPS TO...

National
Be Aware of Deceptive Business Practices That Can Cost Thousands of Dollars for Services Not Provided While Moving to a New Home. Follow the New York Department of State on Facebook, Twitter and Instagram for “Tuesday’s Tips” – Practical Tips to Educate and Empower New York Consumers on a Variety of Topics
AGC

CONSTRUCTION EMPLOYMENT INCREASES IN 234 OF 358 METRO AREAS FROM MARCH 2023 TO MARCH...

National
Riverside-San Bernardino-Ontario, Calif., Baton Rouge, La. and Fairbanks, Alaska Top Lists of Year-over-Year Rise in Industry
Congressman Jared Huffman

HUFFMAN, THOMPSON HOST PRESS CONFERENCE ADDRESSING CALIFORNIA INSURANCE CRISIS

National
Reps. Jared Huffman (CA-02) and Mike Thompson (CA-04) were joined by realtors, home builders, agriculture leaders, insurance
Energy and Natural Resources Committee

As Wildfires Increase, Manchin, Barrasso Urge GAO to Review Federal Land and Wildfire Management...

National
Senators Joe Manchin (D-WV) and John Barrasso (R-WY), Chairman and Ranking Member of the U.S. Senate Energy and
NAHB

New Nationwide Codes Mandate a Major Blow to Housing Affordability

National
Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kan., today issued the following statement after the Biden administration
Congresswoman Norma J. Torres

Congresswoman Torres Calls for House Leadership to Request Boeing President and Chief Executive Officer...

National
Congresswoman Norma Torres (CA-35) – A senior member of the House Appropriations Subcommittee on Transportation, Housing
Habitat

Habitat for Humanity International and AbbVie celebrate successes of five-year partnership in Puerto Rico

National
Habitat for Humanity International and AbbVie, a research-based global biopharmaceutical company, announced today the

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

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

USDOJ

USGBC Joins Group Celebrating Updated Energy Efficiency Rules for New U.S.-Backed...

The U.S. Green Building Council (USGBC), the leading authority on green building and the global developer of the LEED green building program, joined advocates and industry groups today in welcoming newly adopted energy codes for federally supported homes across the U.S.