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Selling Your Home In A Down Market
When Doreen Cardin first put her house on the market, she was hopeful that the house would find a buyer right away. Cardin's husband, a mechanic, was unable to work. The loss of an income had proven tough for the young couple, who live 20 miles north of Seattle. They needed the money.
Investment Firm Optimistic About Global Housing
London-base global investment company LaSalle Investment Management told clients that the outlook for global real estate is strong, despite recent turbulence in the U.S. market and debt markets in general.
Subprime Woes Hit Buyers With Good Credit
The assumption that the subprime mortgage crisis is limited to buyers with poor credit is mistaken, according to an analysis prepared for The Wall Street Journal, which examined more than $2.5 million in subprime loans made since 2000.
MBA Hails Paulson’s Plan for Tax Exempt Bonds for Mortgage Refis
Washington, DC - December 3, 2007 - Kieran P. Quinn, CMB, Chairman of the Mortgage Bankers Association (MBA) applauded a proposal unveiled today by Treasury Secretary Henry Paulson to expand tax-exempt qualified mortgage bond programs to refinance existing loans. Under current law, these tax exempt bond programs can only be used to support purchase loans.
Americas Watchdog Simplifies The Mortgage Process With A Free How To Guide To Finance...
Americas Watchdog along with its Homeowner Consumer Center have just come up with a free and easy to understand guide, designed to help every homeowner with the mortgage process
Ten Priciest U.S. Home Sales Of 2007
Now that Alex Rodriguez has agreed to a new $275 million contract with the New York Yankees, the word in Manhattan real estate circles is that a $39 million East 80th Street townhouse may be in his future.
New HUD data shows program has helped 33,000 homeowners prevent foreclosure in three months
WASHINGTON - December 3, 2007 - In response to the Bush Administration's plan to help families avoid foreclosure, tens of thousands of homeowners are refinancing their exotic subprime loans with HUD's new government-backed mortgage product. HUD Secretary Alphonso Jackson today announced that more than 33,000 borrowers have already refinanced their subprime home loans with FHASecure, a government-insured foreclosure avoidance initiative created in September.
When It Comes to Remodeling, It’s What’s Outside That Counts, Realtors(R) Report
WASHINGTON, December 03, 2007 - Many buyers judge a house by its exterior, or so it seems from the results of the 2007 Remodeling Cost vs. Value Report. Three of the four projects with the highest national percentage of costs recouped this year were exterior upgrades.
Senator Clinton Calls for Immediate Action to End Foreclosure Crisis
Washington, DC - Senator Hillary Rodham Clinton today sent the following letter to Treasury Secretary Henry Paulson calling for needed steps to end the foreclosure crisis.
Remarks by Secretary Paulson on Actions Taken and Actions Needed in U.S. Mortgage Markets...
Washington, DC- December 3, 2007 -Thank you, John. The Office of Thrift Supervision plays an important role in our financial system, and I appreciate your leadership at this agency. Thanks, also, for hosting this second national housing forum and providing a timely opportunity for me to give an update on the U.S. economy and mortgage markets. I mention timeliness because housing issues are affecting citizens all across the country, and because Congress returns to Washington today. In the final days of this congressional session, there is much that Congress can do to help America's homeowners
Community Development Block Grant Program – CDBG
The Community Development Block Grant (CDBG) program is a flexible program that provides communities with resources to address a wide range of unique community development needs. Beginning in 1974, the CDBG program is one of the longest continuously run programs at HUD. The CDBG program provides annual grants on a formula basis to 1180 general units of local government and States.
4 Free Ways to Maximize Your Marketing Reach
If you’ve got a Web site, you’ve likely spent time and money trying to drive more traffic to your site. Maybe you’ve tried different strategies for search engine optimization, which typically focus on clever use of keywords to increase the chances your site will place high in search results.
Majestic Properties Launches A Nationwide Developer Tour Entitled: Global Property Showcase
On November 26, 2007, Global Property Showcase (GPS) will kick off a new exposition dedicated to bridging the gap between worldwide developers and consumers looking to purchase quality and amenity-rich real estate. This multi-city program will educate investors, 2nd-home buyers and property seekers to the various locales being represented with each global project, and of course, showcase each development in depth. Significant discounts will be given to those in attendance. The showcase is designed to engage (an expected 1,000 attendees in total) and provide guests with valuable insights and opportunities that serve to enhance their property portfolios.
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.
Ariz.: Selling Students on Real Estate Investing
Using the multi-level marketing techniques made popular by Amway, Nouveau Riche University is selling real estate investment classes and a host of related products and services to would-be tycoons.
Atlanta-Based Federal Home Loan Bank Upped Cash Flow to Countrywide by 77 Percent In...
WASHINGTON, DC — With Countrywide Financial Corp. increasingly turning to the Federal Home Loan Bank (FHLB) system for cash advances to stay afloat as other liquidity sources shun the company, U.S. Senator Charles E. Schumer (D-NY) urged the overseer of the federally-supported bank network to probe the underlying risk of Countrywide’s collateral and to issue new, system-wide regulations to reduce the banks’ exposure to risky or predatory loans.
House Prices Weaken Further In Most Recent Quarter
Washington, DC, November 29, 2007 – For the first time in nearly thirteen years, U.S. home prices experienced a quarterly decline. The OFHEO House Price Index (HPI), which is based on data from sales and refinance transactions, was 0.4 percent lower in the third quarter than in the second quarter of 2007.
MAYORS’ REPORT: FORECLOSURE CRISIS HITS METRO AREAS’ ECONOMIES, SLOWS GDP, JOB GROWTH & TAX...
Detroit, MI – The U.S. Conference of Mayors unveiled today an economic impact report on the foreclosure crisis that forecasts sharp losses in the growth of gross domestic product and projects economic output losses for 361 metro areas -- referred to as gross metropolitan product (GMP).
Mortgage Applications Decrease In Latest MBA Weekly Survey
WASHINGTON, D.C., November 28, 2007 The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 23, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 652.5, a decrease of 4.3 percent on a seasonally and holiday adjusted basis from 681.7 one week earlier. On an unadjusted basis, the Index decreased 25.5 percent compared with the previous week reflecting the Thanksgiving holiday on November 22 and was up 24.6 percent compared with the same week one year earlier.
Mixed Results For October Existing-Home Sales; Mortgages Improving
WASHINGTON, November 28, 2007 - Single-family existing-home sales were stable in October while the condo sector was down, according to the National Association of Realtors®. Lingering effects of the credit crunch were a drag on sales but the mortgage situation has improved significantly
U.S. National
‘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.
Housing Subcommittee Explores Modern Solutions to the Housing Shortage
The Subcommittee on Housing and Insurance, led by Subcommittee Chair Mike Flood (NE-01), held a hearing exploring bipartisan solutions to the housing shortage, such as modernizing the HOME Investment Partnership (HOME) Program which has not
HUD and Census Bureau Report New Residential Sales in June 2025
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for June 2025
Moving to La Cañada Flintridge: Newcomer Mistakes To Avoid
Relocating to a new city can be exciting and challenging, especially when moving to an upscale community like La Cañada Flintridge. Known for its excellent schools, serene neighborhoods,
Kelly, Gallego Reintroduce Bipartisan Canadian Snowbirds Act to Boost Arizona Economy, Tourism
This week, Arizona Senators Mark Kelly and Ruben Gallego reintroduced the Canadian Snowbirds Act, bipartisan, bicameral
DOE Announces Site Selection for AI Data Center and Energy Infrastructure Development on Federal...
The forthcoming solicitations will drive innovation in reliable energy technologies, contribute to lower energy costs, and
MISMO Publishes Updated eVault Standards and SMART Doc® Validation Rules
MISMO®, the real estate finance industry's standards organization, today published revisions to the eVault Standards and SMART Doc® Validation Rules. This standard increases
Congresswoman Torres FY26 Community Projects $21 Million to California’s 35th Congressional District
U.S. Representative Norma J. Torres (CA-35) announced the inclusion of 15 Community Project Funding requests in the House
NIBS Releases 2025 Moving Forward Report: A Call to Retrofit for Resilience
he National Institute of Building Sciences (NIBS) Consultative Council has released its 2025 Moving Forward Report. Extreme weather events, including hurricanes, wildfires, and severe
New Home Sales Hold Steady at a Relatively Tepid Level
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
Dramatic Bathrooms: Designing with Black Tile
Black is a bold and dramatic color, showcasing confidence with style. With their intense, deep coloration, black tiles can offer a stunning canvas that can change ordinary surfaces into masterpieces. It is a timeless choice among homeowners and
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