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30-Year Fixed-Rate Mortgage Drops Amid Japan Crisis

McLean, VA - March 17, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey®> (PMMS®), which shows the 30-year fixed-rate dropping to 4.76 percent while the 15-year fixed-rate hit its lowest rate at 3.97 percent since December 2010.

CHARLIE ENGEL JOINS REALTYTRAC AS DIRECTOR OF BUSINESS DEVELOPMENT – REAL ESTATE

IRVINE, CA - March 17, 2011 - (RealEstateRama) -- RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, today announced the hiring of real estate veteran Charlie Engel as the new Director of Business Development – Real Estate. Engel will lead the company’s efforts driving additional real estate professional partnerships

RE/MAX Syndicates Property Listings Through Popular Real Estate Sites

DENVER, CO - March 17, 2011 - (RealEstateRama) -- In another strategic technology move, RE/MAX, LLC, one of the world’s leading real estate franchises, is now syndicating property listings through a number of high-profile partners to give RE/MAX agents access to more potential homebuyers and sellers and to give their listings greater visibility.

US Department of Labor announces 2 grant competitions to provide career training and housing...

WASHINGTON, DC - March 16, 2011 - (RealEstateRama) -- The U.S. Department of Labor today announced two grant competitions for the National Farmworker Jobs Program. One competition will fund organizations that will provide training, the other housing services, to migrant and seasonal farmworkers and their families

Dynamic IDX Broker software connects Broker Jeff Lykes with potential Park City, Utah clients

EUGENE, OR - March 15, 2011 - (RealEstateRama) -- IDX, Inc. and Park City, Utah real estate broker Jeff Lykes have created a dynamic real estate search page on the Talisker Mountain Realty website. The Park City MLS (PKCMLS) is now synced to Lykes' sea...

PLAN TO REVIVE CONSTRUCTION INDUSTRY RELEASED BY TRADE GROUP AS SECTOR LOST JOBS IN...

PHOENIX, AZ - March 15, 2011 - (RealEstateRama) -- The Associated General Contractors of America released a new national plan today detailing measures to stimulate demand for construction. Officials said the plan was needed to reverse construction employment declines that have taken place in 317 out of 337 metro areas since January 2007, according to new data the association released today.

Dee Chirafisi and Deviree Vallejo of Kentwood City Properties to Co-Sponsor 9th Annual Platte...

DENVER, CO - March 15, 2011 - (RealEstateRama) -- Dee Chirafisi, Broker Associate and co-owner of Kentwood City Properties, and Deviree Vallejo, one of the company’s top-producing real estate professionals, will co-sponsor and participate in the 9t...

South Carolina REALTORS® release February market numbers

COLUMBIA, S.C. - March 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its February 2011 Market Reports. Throughout the state, the price range with the strongest sales activity was the $100,001 and below range, where sales were up 3.1 percent over the last 12 months. Median Sales Price was up the most in the single-family segment with a 1.5 percent gain to $157,250, while prices were down 5.2 percent for condos, to $125,000. The price range with the shortest market Days on Market time was among homes in the $100,000 and below price range

THE FEDERATED COMPANIES PURCHASES BANK NOTE AND INCREASES MARKET VALUE OF ACQUISITION

Miami Beach, FL - March 15, 2011 - (RealEstateRama) -- The Federated Companies, a leading vertically integrated national real estate investment and development firm, has recently closed on the acquisition of a mortgage from KeyBank that is secured by Bayside Village in Portland, Maine. The asset is located in downtown Portland between the Old Port and Back Cove on 132 Marginal Way and consists of 100 units and 400 bedrooms and operates as a student housing complex that was completed in 2008.

HOME TECHNOLOGY TRENDS VARY AROUND THE WORLD

INDIANAPOLIS, IN - March 11, 2011 - (RealEstateRama) -- While the buzz over 3D, tablets, and other hot technologies has been a global phenomenon, upon a closer look, the Custom Electronic Design & Installation Association (CEDIA) has found that homeowners have different expectations for their technology depending on where in the world they call home.

Colliers International Directs Four Retail Sales Totaling $11,250,000 million in Greater Los Angeles and...

Los Angeles, CA - March 11, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has completed four retail sales totaling $11,250,000 million in greater Los Angeles area. Jereme Snyder, senior vice president in Colliers International’s Irvine office, closed all four sales

HOPE NOW: Mortgage Servicers Completed 101,000 Loan Mods for Homeowners in January

WASHINGTON, DC - March 11, 2011 - (RealEstateRama) -- HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its January 2011 loan modification data, which shows that an estimated 101,000 homeowners received permanent, affordable loan modifications from mortgage servicers in the first month of the year.

Malibu Real Estate Agent Ready For Clients

Malibu, CA - March 10, 2011 - (RealEstateRama) -- Whether you are buying or selling a home in Malibu, you've come to the right place. I pride myself on being a top-producing Malibu agent who will exceed your expectations in every part of the transaction. I am a straight-talking agent who created and writes TheMalibuRealEstateblog.com giving you the "The low down on the high end." There you will find a site full of details about recent real estate news and an easy map-based MLS search option. The site was named "A Best Real Estate Blog in Los Angeles" and and is frequently quoted and referred to in the Los Angeles Times, in AOL.com's real estate section, as well as on numerous websites worldwide.

Bankrate: Mortgage Rates Stabilize

NEW YORK, N.Y. - March 10, 2011 - (RealEstateRama) -- Mortgage rates showed little change this week, with the benchmark conforming 30-year fixed mortgage rate now 5.04 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.42 discount and origination points.

30-Year Fixed-Rate Mortgage Holds Steady at 4.88%

McLean, VA - March 10, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which shows mortgage rates holding steady and below 5.0 percent.

Industry Veteran Perry GraBois Joins Metro Commercial Real Estate

Mount Laurel, NJ - March 9, 2011 - (RealEstateRama) -- Metro Commercial Real Estate, Inc. is pleased to announce that Perry S. GraBois has joined its full-service brokerage team where he will expand the firm’s presence in Central and Northern New Jersey.

The Counselors of Real Estate Presents Perspectives About U.S. Real Estate Market at MIPIM...

CHICAGO, IL - March 9, 2011 - (RealEstateRama) -- At a time when the world is searching for facts about the stability of property markets, The Counselors of Real Estate professional association will offer an unbiased and realistic view of the U.S. property markets this week at MIPIM. MIPIM, held in Cannes, France, is the world's largest global real estate conference

SALMANSON CAPITAL ACQUIRES OFF-CAMPUS STUDENT HOUSING NEAR UNIVERSITY OF NEBRASKA FOR $7.65 MILLION

MANHATTAN, NY - March 9, 2011 - (RealEstateRama) -- Salmanson Capital, LLC, a Manhattan-based real estate firm that specializes in the acquisition and repositioning of student housing assets, has acquired an off-campus student housing complex serving U...

Best Housing Markets Released

Destin, FL - March 9, 2011 - (RealEstateRama) -- Driven by swelling local job markets, the best housing markets for investors in 2011 are spread across the U.S. with many markets located in areas that have a huge number of government jobs. The nation’s capitol, Washington, D.C. leads the annual just released list by Housing Predictor.

NEW SURVEY: AMERICANS WANT APPLIANCE STANDARDS TO DRIVE DOWN THE COST OF HOME ENERGY

Washington, DC - March 8, 2011 - (RealEstateRama) -- A new Consumer Federation of America (CFA) survey has found that the public overwhelmingly believes that improving the energy efficiency of home appliances is critically important and strongly supports appliance efficiency standards. In a report released today, CFA reveals that home energy costs now take an equal bite out of consumers’ pocketbooks as gasoline expenditures. And similar to their support for fuel economy standards, Americans want energy efficiency standards for home appliances. With oil prices skyrocketing, reducing home energy costs has become critically important to American consumers.

Recent Gov & Nonprofit Real Estate Press Releases

Warner, Kaine Announce More Than $5 Million in Federal Funding to...

U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) announced $5,693,508 in federal grant funding for infrastructure upgrades to four Virginia airports. This funding is awarded through the Federal Aviation Administration’s (FAA) Airport Infrastructure Grant (AIG) program for FY26, which is made possible by the Bipartisan Infrastructure Law that the senators helped negotiate and pass.