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PA Treasurer McCord Returns More Than $73,000 in Unclaimed Property to Volunteer Firemen’s Relief...

Reading - March 4, 2013 - (RealEstateRama) -- More than $20.3 million in unclaimed property is available to claim in Berks County, State Treasurer Rob McCord announced today as he presented officials of the Volunteer Firemen’s Relief Association of R...

Rep. Grimm to Mortgage Entities: Don’t Force Sandy Victims into Default

STATEN ISLAND, NY - March 4, 2013 - (RealEstateRama) -- Today, Rep. Michael G. Grimm (R-Staten Island/Brooklyn) joined Staten Island homeowners impacted by Superstorm Sandy in calling on federal home mortgage entities to help them keep their homes and...

Governor Cuomo Announces Progress in Beach Restoration Program

Albany, NY - March 4, 2013 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that an expedited effort to restore beaches damaged by Superstorm Sandy and protect properties from future storms will begin with issuing bids in March for restor...

Corker Says Fannie & Freddie Income Must Be Used to Repay Taxpayers, Reform Housing...

CHATTANOOGA, Tenn. - March 4, 2013 - (RealEstateRama) -- In response to reports of increased income at mortgage finance agencies Fannie Mae and Freddie Mac, U.S. Senator Bob Corker, R-Tenn., member of the Senate Banking, Housing, and Urban Affairs comm...

Andrews Introduces Bipartisan Bill to Speed Short Sales, Boost New Jersey Housing Market

Washington, D.C. - March 4, 2013 - (RealEstateRama) -- Congressman Rob Andrews (NJ-01) and U.S. Rep. Tom Rooney (FL-16) today introduced a bipartisan plan to spur growth in the housing market and prevent unnecessary foreclosures

Fortenberry Introduces Measure to Assist Rural Housing Efforts

Washington, D.C. - March 4, 2013 - (RealEstateRama) -- Congressman Jeff Fortenberry this week introduced the Rural Housing Preservation Act (H.R. 858), which helps hundreds of rural communities across the nation address the challenge of affordable hous...

IHG Achieves Top Ranking in The Sunday Times Best Companies to Work For List

WASHINGTON, D.C. - March 4, 2013 - (RealEstateRama) -- IHG, one of the world’s largest hotel companies, has been ranked third in The Sunday Times’ list of the 25 Best Big Companies to Work for in 2013. IHG was awarded ‘Best Improver’ for jumping 11 places in the Best Companies employee survey and ‘Excellence in Learning and Development’, for having a workforce that feels they are provided with the opportunity for growth and progression, supported by structured training and personal development.

City activates freeze plan for homeless

NEW ORLEANS, LA - March 4, 2013 - (RealEstateRama) -- The weather forecast indicates the temperature or wind chill factor in New Orleans is expected to fall to 35 degrees or below overnight on Saturday, March 2, 2013. All citizens should take appropria...

Rep. Miller Questions Fed Chair Bernanke on the Economic Impact of New Housing Rules

Rancho Cucamonga, - March 4, 2013 - (RealEstateRama) -- On Wednesday, Federal Reserve Chairman Ben Bernanke testified before the House Financial Services Committee on the state of the economy. As the Vice Chairman of the Committee, I expressed my conce...

Home Inventory Drops More than 32 Percent from January 2012 as Average Price for...

DENVER - March 4, 2013 - (RealEstateRama) -- The table is set for homeowners who are planning to sell their homes during the peak spring home selling season. The number of single-family inventory homes available in the metro Denver area has dropped to just over 7,000 in January, compared to more than 10,440 in January 2012, according to Denver Metrolist. The median price for single-family homes has soared to $300,827, compared to $272,328 in January 2012.

Alexander McQueen Signs Retail Lease at Prime Madison Avenue Location as Redevelopment Nears Completion

New York, NY - March 4, 2013 - (RealEstateRama) -- SL Green Realty Corp (NYSE: SLG) today announced that international fashion retailer Alexander McQueen has signed a 15-year lease for a mid-block retail space at 747 Madison Avenue. The tenant is expected to move into the space during the third quarter, 2013.

Bloomberg Businessweek Cover Perpetuates Housing Myths and Disparaging Stereotypes

WASHINGTON, D.C. - March 4, 2013 - (RealEstateRama) -- Today CRL submitted the following letter to the editor of Bloomberg, publisher of Bloomberg Businessweek: The Bloomberg Businessweek Feb. 21 story on the recovery of the housing market, A Phoenix Housing Boom Forms, in Hint of U.S. Recovery, was factual and informative.

HUD Properties Available for Homeless Services

WASHINGTON, D.C. - March 4, 2013 - (RealEstateRama) -- In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the March 1, 2013, Federal Register identifying Federal buildings and other real property HUD has reviewed for suitability for use to assist the homeless. The properties were reviewed using information provided to HUD by Federal landholding agencies or by GSA regarding their inventories of excess or surplus property. The list includes buildings and properties in California, Florida, Massachusetts, Nebraska, and Oregon.

Neighborhood Housing Services of Los Angeles County (NHS), Assemblymember Raul Bocanegra and Pacoima Neighborhood...

Los Angeles, CA - March 4, 2013 - (RealEstateRama) -- At first glance, Pacoima looks like any other quaint neighborhood. What makes this community different is that it’s located in an area that has been significantly affected by the foreclosure crisi...

NAI Capital Represents Seller in the Sale of the Temecula Rancho Center for $1.4...

TEMECULA, CA - March 4, 2013 - (RealEstateRama) -- Cheryl Pestorwith NAI Capital’s Pasadena office represented the Seller, Community Commerce Bank, in the sale of a 17,558 SF retail property located at the Temecula Rancho Center to the Buyer, JA Plaza, LLC. The value of the sales transaction was approximately $1.4 Mil.

For Rent Media Solutions™ Publishes Industry White Paper

Norfolk, VA - March 1, 2013 - (RealEstateRama) -- For Rent Media Solutions™ has published the Next Generation of Renters white paper after surveying more than 6,000 renters to bring an in depth understanding of resident needs, desires and expectations of multifamily communities.

Inventory Shortage and Rising Prices Intensify Buyer Frustration in Redfin Real-Time Homebuyer Survey

Seattle - March 1, 2013 - (RealEstateRama) -- Redfin (www.redfin.com), a technology-powered real estate broker, today released its latest survey of homebuyers. Data was collected from February 22 to February 25, capturing sentiment of 1,119 active homebuyers across 19 U.S. markets who had toured a home with a Redfin agent since November 29, 2012. The Redfin Real-Time Homebuyer Survey is a companion to the quarterly Home-Seller Survey and Agent Survey

$2 billion provided to NY survivors by FEMA, SBA

NEW YORK, NY - March 1, 2013 - (RealEstateRama) -- The Federal Emergency Management Agency and the U.S. Small Business Administration have approved more than $2 billion in direct assistance to homeowners, renters and businesses affected by Hurricane Sa...

Contribute to the 2013 NAIOP Commercial Real Estate Compensation Survey

WASHINGTON, D.C. - March 1, 2013 - (RealEstateRama) -- Your participation in the 2013 NAIOP Commercial Real Estate Compensation Survey is important and will help shape the future of commercial real estate. All participants will receive a complimentary electronic copy of the full comprehensive survey report – a $1,500 value!

RESTORATION OF CENTURY-OLD HOTEL GIVES HOUSING LIFELINE TO ADULTS AT RISK OF HOMELESSNESS

SAN DIEGO - March 1, 2013 - (RealEstateRama) -- Transformed from a 100-year-old downtown hotel into modern studios, The Mason is giving very low-income adults such as U.S. Air Force veteran Dallas Edge the help they need to stay off the streets in the ...

U.S. National


GSA

GSA’s Proving Ground Program Selects Grid-Interactive Efficient Building Solutions for Evaluation

National
The U.S. General Services Administration’s Proving Ground (GPG) in partnership with the U.S. Department of Energy's High Impact Technology Catalyst (HIT) program has selected four Grid-interactive Efficient Building (GEB) solutions for testing in GSA facilities.
FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

National
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
DOE

JUMP into STEM Launches Three New Challenges for Building Energy Efficiency

National
JUMP into STEM, the Department of Energy’s (DOE’s) online building energy-efficiency competition, is entering its third year with three new concurrent challenges open to university student submissions starting August 3, 2020.
MBA

MBA Study Finds Home Equity Lending Growth Hindered by Alternative Products and COVID-19

National
Home equity loan debt outstanding and borrower utilization rates declined in 2019, and mortgage lenders anticipate originations to fall again this year before increasing modestly in 2021. This is according to the Mortgage Bankers Association's (MBA)
MBA

Mortgage Credit Availability Increased in July

National
Mortgage credit availability increased in July according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
AerialSphere plane and DJVegh

AerialSphere Launches Next-Gen Mapping Technology to Change how Consumers Experience Real Estate

National
AerialSphere, the industry leader in delivering immersive aerial experiences, today announced the launch of XP360 web application and API, which creates an online home search
Lake Elsinore_Pad Bldg

Hanley Investment Group Arranges Sale of Four-Tenant Retail Building at Lake Elsinore Marketplace for...

National
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 arranged

THE MERITS OF USING A REALTOR TO SELL YOUR PROPERTY

National
Selling your investment property is not a walk in the park if you want to get the most value. The truth is, you need a realtor who will help you make your transaction worth it. Here are several ways in which a realtor can be helpful.
MBA

Commercial/Multifamily Borrowing Falls 48 Percent in the Second Quarter of 2020

National
Commercial and multifamily mortgage loan originations were 48 percent lower in the second quarter compared to a year ago, and declined 31 percent from the first quarter of 2020
NAR

NAR Partners with State, Local Realtor® Associations on Vacant and Abandoned Property Prevention

National
The National Association of Realtors® tomorrow kicks off Stabilizing and Revitalizing Neighborhoods in the COVID-19 Era(link is external), a four-part webinar series designed
NAR

Realtor® Survey Finds Annual Foreign Investment in U.S. Home Sales Declines 5%

National
Foreign buyers purchased $74 billion worth of U.S. existing homes from April 2019 through March 2020, a 5% decrease from the previous 12-month period and the second consecutive annual decline in foreign investment
NAHB

Housing Affordability Hits 18-Month Low on Lack of Supply, Higher Prices

National
Despite low interest rates, a supply shortage coupled with rising home prices contributed to a decline in housing affordability in the second quarter of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index
NAHB

Statement from NAHB Chairman Chuck Fowke on NewDEAL Forum Housing Strategy

National
Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., issued the following statement after the NewDEAL Forum released its housing crisis strategy
The-Hoyt-Organization

Rainbow Housing Assistance Corporation Continues to Offer Access to Fannie Mae’s Healthy Housing Rewards...

National
 Rainbow Housing Assistance Corporation (Rainbow), a national nonprofit organization dedicated to providing service-enriched housing, announced their partnership with New York-based
TEMPORARY HOUSING SOLUTION

HOW A TEMPORARY HOUSING SOLUTION CAN HELP CUT DOWN BUSINESS COST

National
Operating a business is one of the most challenging tasks in the modern-day and age. That is because the competition is getting tougher with each passing day. Whether it is the financial recession, the ongoing coronavirus pandemic, or the business
NIBS

Building Innovation 2020: Virtual Edition Technology Sessions to Feature Modular Multifamily Housing

National
The pandemic has raised the stakes on building technology that already was constantly evolving. From virtual design and construction for facilities management to innovative structure
Appraisal Institute

Craig Steinley Elected 2021 Appraisal Institute Vice President

National
Craig Steinley, MAI, SRA, AI-GRS, AI-RRS, of Rapid City, South Dakota, was elected 2021 vice president of the nation's largest professional association of real estate appraisers Thursday by its Board of Directors during the Board's virtual meeting.
AGC

CONSTRUCTION INDUSTRY ADDS 20,000 EMPLOYEES IN JULY BUT NONRESIDENTIAL EMPLOYMENT DIPS; ASSOCIATION WARNS SKID...

National
Gains in July are Limited to Residential Side as State and Local Governments and Private Owners Postpone And Cancel Upcoming

Benefits of investing in real estate

National
Real estate is a tangible property of land and anything on it that is part of a real estate. It has three basic categories that are Commercial, Residential, Industrial. There are numerous benefits of investing in real estate.
NLCHP

HUD Rules Promote Discrimination, Undermine Equality

National
Late last week, the Department of Housing & Urban Development (HUD) announced two rule changes to undo previous anti-discrimination rules for housing and homeless shelters.

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


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

Recent Gov & Nonprofit Real Estate Press Releases

GSA

GSA’s Proving Ground Program Selects Grid-Interactive Efficient Building Solutions for Evaluation

The U.S. General Services Administration’s Proving Ground (GPG) in partnership with the U.S. Department of Energy's High Impact Technology Catalyst (HIT) program has selected four Grid-interactive Efficient Building (GEB) solutions for testing in GSA facilities.