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Bond Yields Rise and So Do Mortgage Rates

McLean, VA - January 27, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®) which shows long- and short-term rates rising this week

Bankrate: Mortgage Rates a Mixed Bag

NEW YORK, N.Y. - January 27, 2011 - (RealEstateRama) -- Mortgage rates showed little movement again this week, with the benchmark conforming 30-year fixed mortgage rate nosing higher to 4.97 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points.

Colliers International Completes the Sale of an 82 unit Multi-Family Property in the Inland...

Inland Empire - January 27, 2011 - (RealEstateRama) -- Colliers International, the second largest real estate services organization globally, has completed the sale of a 89,248-square-foot multi-family property located at 301 E. Cypress Ave, Redlands, CA to Sequoia Equities, a Walnut Creek-based real estate investment firm. The property sold for $625,000 above list price, at $11.625 million and $141,768 per unit.

Lee & Associates Closes $8.8 Million Land Sale in Oceanside

Torrance, CA - January 27, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, recently closed the sale of a 27.96-acre land parcel in the Ocean Ranch business park in Oceanside, Calif. The transaction is valued at $8.8 million.

Pending Home Sales Continue Uptrend

Washington, DC - January 27, 2011 - (RealEstateRama) -- Pending home sales improved further in December, marking the fifth gain in the past six months, according to the National Association of Realtor

Lee & Associates Completes $6.3 Million Office Building Transaction

Torrance, CA - January 27, 2011 - (RealEstateRama) -- The Irvine office of Lee & Associates, the fourth largest full-service commercial brokerage company in the nation, has completed the $6.3 million sale of the Teslaco Building, a 35,000-square-foot office building located at 35 Tesla in Irvine, Calif., to Owen Commercial. The building was a foreclosure sale by GE Capital and was never put on the market. Lee & Associates sold it as an off-market investment.

CB RICHARD ELLIS ENHANCES AND EXPANDS CAPITAL MARKETS LEADERSHIP

Los Angeles, CA - January 26, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) has announced that Chris Ludeman will join Brian Stoffers as co-president of the firm’s Capital Markets businesses. In his expanded role, Mr. Ludeman will provide client-facing leadership for the company’s office, industrial and retail Investment Properties efforts along with its Institutional Group, Global Property Advisors and Private Client Group activities. Mr. Stoffers will continue to lead CBRE’s Debt and Equity Finance, agency and loan servicing businesses, as well as oversee the multi-housing, hotel/lodging and investment banking practices. Mr. Ludeman will continue as President, Americas Brokerage, overseeing CBRE’s tenant rep and agency leasing business lines

Pulte Homes Announces Land Purchase at Issaquah Highlands

ISSAQUAH, WA - January 26, 2011 - (RealEstateRama) -- Pulte Homes purchased land for the development of 70 townhomes in the sought-after Issaquah Highlands master plan. The homebuilder purchased the land from Port Blakely Communities in late December and plans to begin sales this fall

Freddie Mac Issues Monthly Volume Summary for December 2010

McLean, VA - January 26, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today issued the company's Monthly Volume Summary for December 2010. The summary, available on the company’s Web site at www.FreddieMac.com/investors/volsum, provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management and delinquencies. Beginning in January 2011, Freddie Mac began publishing pool-level delinquency disclosures on its single-family PC and Giant PC securities on the company’s Web site, www.FreddieMac.com/mbs. As a result, Tables 9 and 10 are no longer included in the Monthly Volume Summary.

IDX Broker software allows home seekers to specify neighborhood in Portland property searches

EUGENE, OR - January 26, 2011 - (RealEstateRama) -- IDX, Inc. welcomes Portland, Oregon real estate broker Dan Walters to the network of real estate professionals engaging their clients and expanding their business through an online IDX solution. Never before have Regional Multiple Listing Service (RMLS) listings been so accessible or readily available to potential buyers. Thousands of detailed property listings are seamlessly linked to the website Walters hosts, with the IDX technology, which syncs properties directly. Now, home seekers can experience a detailed home search without leaving the convenience of the website of Walters. Portland real estate has changed forever, thanks to the IDX-enabled website of Walters

Lee & Associates Closes $3.4 Million Land Sale Transaction

Torrance, CA - January 26, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has negotiated the sale and acquisition of a 13,452 square-foot lot for $3.4 million. Situated along the California coastline at 1620 Torrey Pines Road in La Jolla, Calif., the REO lot is zoned for residential use and affords ocean views of the La Jolla cove

Lee & Associates Negotiates $2.3 Million Land Sale Transaction

Torrance, CA - January 26, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $2.3 million sale on a fully entitled, 1.08-acre parcel of land on N. Vulcan Ave., in Encinitas, Calif.

CB RICHARD ELLIS TO PARTNER WITH REBUILDING TOGETHER FOR NFL-SANCTIONED ‘KICKOFF TO REBUILD’ CHARITY...

Dallas, TX - January 25, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) has announced that it will join Rebuilding Together on Thursday, February 3, to help revitalize a dozen homes in need of repair and perform general community clean-up in the Arlington, Texas, neighborhood of Drummond Drive as a sponsor of the nonprofit‘s 16th annual Kickoff to Rebuild charity event.

How walkable is your apartment community?

NORFOLK, VA - January 25, 2011 - (RealEstateRama) -- For Rent Media Solutions™, a leading resource for searching apartments nationwide and a division of Dominion Enterprises, has introduced Walk Score® on ForRent.com, the company’s anchor web site. Through this partnership with Walk Score, renters can measure the walkability of a neighborhood and use this feature when narrowing down their search for apartments.

New Survey Shows BOMA 360 Designees Demonstrate Operational Savings and Compete for Tenants

WASHINGTON, DC - January 25, 2011 - (RealEstateRama) -- A new survey conducted by the Building Owners and Managers Association (BOMA) International shows that BOMA 360 designees are able to document operational savings, develop new policies and procedures, and attract new tenants because of their designation. The BOMA 360 Performance Program is a groundbreaking program designed to recognize commercial properties that demonstrate best practices in building operations and management. Since the program’s inception in Spring 2009, 180 buildings have been designated. The survey was sent to BOMA 360 designees who have had the designation for a year or more.

Denver area home search done right, with online real estate solution and IDX synced...

EUGENE, OR - January 25, 2011 - (RealEstateRama) -- Welcoming Jackie Nordstrom to the growing network of real estate agents and brokers, IDX, Inc. is pleased to announce they have added a customized IDX solution to the website of Nordstrom. She now hosts a comprehensive online property search conveniently on her page, thanks to IDX Broker and Metrolist Denver (MTOMLS). Thousands of properties are automatically linked to her website with the thorough MTOMLS and the incredible IDX solution she employs. Never before has it been easier for Denver, Colorado home seekers to search for a home online, than now, with the website of Nordstrom and Colorado Real Estate Associates

RE/MAX Senior Counsel Named to International Trademark Association’s Board of Directors

Denver, CO - January 25, 2011 - (RealEstateRama) -- Adam Scoville, RE/MAX Senior Counsel, has been appointed to the Board of Directors of the International Trademark Association (INTA), a worldwide association that supports and advances trademarks and intellectual property as elements of fair and effective global commerce.

MAMCO Property Management Announces Employee Designations

Mt. Laurel, NJ - January 24, 2011 - (RealEstateRama) -- MAMCO Property Management, an Associa company, is proud to announce that Samantha Wallace and Linda Schlindwein have earned their Certified Manager of Community Associations (CMCA) designations while Natalie Fries has completed her Association Management Specialist (AMS) designation

Benchmark Association Services Refunds Surplus of Funds to West Sahara Community Association (WSCA) Homeowners

Las Vegas, NV - January 24, 2011 - (RealEstateRama) -- Benchmark Association Services, an Associa company, is pleased to announce that a surplus of funds is being returned to the WSCA members by a complete forgiveness of their first quarter dues and a reduction of the dues for the following quarters.

Homeowners Say They’ll Walk from Mortgages

Destin, FL - January 24, 2011 - (RealEstateRama) -- Almost half of U.S. homeowners say they’ll walk away from their mortgages if home prices continue to fall. That’s according to a new survey conducted by online real estate forecasting firm Housing Predictor.

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