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Chairman Hensarling Delivers Opening Statement at Hearing with HUD Secretary Ben Carson
Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with the U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson
Ensuring Oversight, Accountability in HUD’s Approach to Lead-Based Paint and Mold Remediation
The Housing and Insurance Subcommittee met today to examine how the U.S. Department of Housing and Urban Development’s (HUD) programs manage and remedy unsafe living conditions caused by lead-based paint and mold for many individuals and families living in public and subsidized housing
NARI CEO RESIGNATION
The National Association of the Remodeling Industry (NARI) announces a leadership change at NARI headquarters. On Friday, June 22, 2018 Fred Ulreich resigned his position as CEO. During his tenure as chief executive officer, Fred commuted on a weekly basis from Grand Rapids, Michigan to Des Plaines
Civil Rights Organizations Accuse Bank of America of Housing Discrimination In 37 Metropolitan Areas
The National Fair Housing Alliance (NFHA), 19 fair housing organizations, and two homeowners in Maryland filed a federal Fair Housing Act lawsuit against Bank of America, N.A., Bank of America Corp., and Safeguard Properties Management, LLC (“Bank of America/Safeguard”).
Hanley Investment Group Arranges Sale of Neighborhood Shopping Center in Rancho Cucamonga for $9.8...
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Voit Real Estate Services, announced today that the two firms completed the sale of RC Plaza, a neighborhood shopping center at the signalized intersection of Archibald Avenue and East Foothill Boulevard in Rancho Cucamonga, California. The purchase price was $9,795,000.
New Career Resource Launched by ABC and Real Estate Industry Organizations
Associated Builders and Contractors has teamed up with more than two dozen real estate industry trade associations to highlight the rich variety of career paths in the real estate sector. The group collaborated on a new website
How much does your association CEO make?
The nation’s 70 largest Realtor organizations collected $672 million in revenue in 2016, and they paid their CEOs nearly $24 million. That’s according to Real Estate Broker’s Insider’s analysis of tax returns filed by national, state, and regional associations.
Zillow Accelerates Program for Buying and Selling Homes
In a long-anticipated move that has roiled the real estate industry and perplexed Wall Street, Zillow announced an ambitious expansion of its pilot program to buy and sell homes.
New Home Sales Rise to Highest Level This Year
Sales of newly built, single-family homes rose 6.7 percent in May to a seasonally adjusted annual rate of 689,000 units after a downwardly revised April report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the second-highest sales report since the Great Recession
Grant Funding to Support Green Infrastructure Projects in 10-12 U.S. Communities, Now Available
As part of the Great Urban Parks Campaign, the National Recreation and Park Association is offering grant funding totaling $2 million to support green stormwater infrastructure projects in 10-12 U.S. communities.
CORELOGIC OFFERS TRESTLE DEFENDER TO PROTECT REAL ESTATE LISTINGS FROM THIRD-PARTY MISUSE
CoreLogic®(NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced at their annual real estate user group meeting in Colorado Springs the release of Trestle Defender™.
IRS Investment Tax Credit Guidance Will Help Solar Projects Take Off
Background: The Internal Revenue Service (IRS) today released guidance establishing when construction starts for solar projects under tax law, allowing developers to invest with confidence in new solar projects. The guidance, Notice 2018-59, provides two methods to establish when construction of a solar facility starts to qualify for the solar investment tax credit (ITC)
Results of Customary and Reasonable Appraisal Fee Survey Are Now Available
Findings from Illinois’ Customary and Reasonable Fee Survey are now available online, according to the Illinois Department of Financial and Professional Regulation (IDFPR). The voluntary survey of Illinois licensed real estate appraisers began in January with assistance from the Office of Real Estate Research at the University of Illinois at Urbana-Champaign.
Real Estate Attorney Sentenced for Role in Sweeping Mortgage Fraud Conspiracy
A real estate attorney was sentenced today in connection with a sweeping conspiracy to defraud banks and mortgage companies by engaging in sham “short” sales of residential properties in Merrimack Valley.
BOMA INTERNATIONAL ELECTS 2018-2019 OFFICERS
The Building Owners and Managers Association (BOMA) International elected its 2018-2019 officers at the 2018 BOMA International Conference & Expo in San Antonio. The Board of Governors of BOMA International elected
New Report Answers the Question ‘How Much Do You Have to Earn to Afford...
The National Low Income Housing Coalition (NLIHC) released its 2018 Out of Reach: The High Cost of Housing report today, revealing that on average a full-time worker in the U.S. must earn $22.10 per hour to afford a modest two-bedroom apartment and $17.90 for a one-bedroom apartment at HUD’s fair market rent (FMR).
National Association of Realtors® Event Examines State of Fannie, Freddie Reform
With America’s homeownership rate struggling to match falling unemployment and increasing consumer confidence, protecting the benefits of the secondary mortgage market remains critical to the health of the overall housing industry.
SENIOR RESIDENCES AT MERCY PARK RECEIVES NATIONAL HONOR FOR EXCELLENCE IN AFFORDABLE HOUSING
Senior Residences at Mercy Park, a 79-apartment affordable senior housing community just outside of Atlanta, received honorable mention in the Senior Housing category at the 24th annual Charles L. Edson
President and Vice President of South Florida Construction Company Charged with Defrauding Low-Income Housing...
President and vice president of South Florida construction company charged with defrauding low-income housing development program. Benjamin G. Greenberg, U.S. Attorney for the Southern
Mayor Bowser to Conclude June Housing Bloom with Groundbreaking on Affordable Housing in Mt....
On Friday, June 22, at 11 am, Mayor Muriel Bowser will hold a closing celebration of June Housing Bloom with a groundbreaking on Liberty Place Apartments, a 71-unit affordable housing
U.S. National
Why Roofing Materials Matter When Fixing Up Your Home For Resale
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
CONSTRUCTION SPENDING DIPS 0.2 PERCENT IN MARCH AS DECREASES IN PRIVATE NONRESIDENTIAL AND RESIDENTIAL...
Total construction spending dipped from February to March with declines in private nonresidential and residential projects that
Sánchez delivers $850,000 to Santa Fe Springs for Slauson Avenue improvement
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
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...
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
CONSTRUCTION EMPLOYMENT INCREASES IN 234 OF 358 METRO AREAS FROM MARCH 2023 TO MARCH...
Riverside-San Bernardino-Ontario, Calif., Baton Rouge, La. and Fairbanks, Alaska Top Lists of Year-over-Year Rise in Industry
GFP Real Estate and Its Tenants Raise More Than $200,000 to Support Ukrainian Refugees
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.
HUFFMAN, THOMPSON HOST PRESS CONFERENCE ADDRESSING CALIFORNIA INSURANCE CRISIS
Reps. Jared Huffman (CA-02) and Mike Thompson (CA-04) were joined by realtors, home builders, agriculture leaders, insurance
As Wildfires Increase, Manchin, Barrasso Urge GAO to Review Federal Land and Wildfire Management...
Senators Joe Manchin (D-WV) and John Barrasso (R-WY), Chairman and Ranking Member of the U.S. Senate Energy and
New Nationwide Codes Mandate a Major Blow to Housing Affordability
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 Torres Calls for House Leadership to Request Boeing President and Chief Executive Officer...
Congresswoman Norma Torres (CA-35) – A senior member of the House Appropriations Subcommittee on Transportation, Housing
Habitat for Humanity International and AbbVie celebrate successes of five-year partnership in Puerto Rico
Habitat for Humanity International and AbbVie, a research-based global biopharmaceutical company, announced today the
Pending Home Sales Ascended 3.4% in March
Pending home sales in March climbed 3.4%, according to the National Association of REALTORS®. The Northeast, South and West posted monthly gains in transactions while the Midwest recorded a loss. Year-over-year, the Northeast and South
Forcing Polluters to Clean Up Their Mess Means New Hope for Communities
In Waukegan, Illinois, about 40 miles north of Chicago, Dulce Ortiz is celebrating with her children. Ortiz is a cofounder of the local environmental justice organization Clean Power Lake County. She has been organizing for years to get coal ash waste cleaned up from the site of the retired coal power plant in her town.
The Impact of High Speed Rail on Real Estate in China
In recent years, the interplay between high-speed rail (HSR) systems and land markets has emerged as a topic of significant interest. Despite the growing attention, the specific effects and underlying mechanisms of HSR on land prices have not been extensively studied. Our research aims to bridge this gap by analyzing China's land transaction data.
The Do’s and Don’ts of First-Time Homeownership
Buying a home is an exciting but often overwhelming experience, especially for first-timers. It’s a nuanced process that involves navigating through many important decisions, paperwork, and
Connecticut Congressional Delegation and Governor Lamont Announce $62.5 Million for Solar Projects Benefitting Low-Income...
Connecticut’s Congressional Delegation and Governor Ned Lamont announced $62.5 million grant under the Environmental
Biden-Harris Administration Invests in Clean Energy and Domestic Biofuels to Strengthen American Farms and...
Projects Funded by President Biden’s Inflation Reduction Act Will Lower Energy Costs and Expand Access to Cleaner Fueling
FEMA commits $384 million to rebuild educational facilities on St. Croix and St. Thomas
A commitment of $384.8 million to demolish and replace three elementary schools on St. Croix, one on St. Thomas and repair a
REP. GALLEGO TOURS HOUSING SHELTER FOR WHICH HE SECURED NEARLY $2 MILLION IN FUNDING
Rep. Ruben Gallego (AZ-03) toured UMOM New Day Center’s Family Shelter Expansion and Remodel Project 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
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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