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Bankrate: Mortgage Rates Stuck in a Holding Pattern

NEW YORK, N.Y. - January 20, 2011 - (RealEstateRama) -- Mortgage rates showed little movement this week, with the benchmark conforming 30-year fixed mortgage rate nosing higher to 4.95 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.4 discount and origination points.

Tame Inflation Figures Leave Mortgage Rates Mixed

McLean, VA - January 20, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®). The survey results showed mixed results for both long- and short-term rates, with the 30-year rising slightly and the 15-year falling just as slightly.

Secretary Chu Announces Major New Recovery Act Milestone: 300,000 Homes Weatherized

WASHINGTON, DC - January 20, 2011 - (RealEstateRama) -- U.S. Department of Energy Secretary Steven Chu today announced that states and territories across the country have now weatherized more than 300,000 low-income homes under the Recovery Act, a major milestone in the Department's efforts to reduce home energy bills for families. This means that states are now more than 50 percent of the way toward meeting President Obama's goal of weatherizing approximately 600,000 homes under the Recovery Act.

Drew Waterhouse of Hammerhouse Provides Outlook On ...

MISSION VIEJO, CA - January 20, 2011 - (RealEstateRama) -- Hammerhouse LLC, an expanding national recruiting and strategic growth firm for the financial service industry with mortgage sales and leadership placement at its core, today released Drew Waterhouse, Managing Director of Hammerhouse outlook on key hiring trends in the mortgage industry in 2011

ConsensusDOCS® Releases New and Updated Contract Documents to Address Today’s Design and Construction Industry...

Washington D.C. - January 20, 2011 - (RealEstateRama) -- In response to the construction industry’s markedly changed economic conditions and rapid adoption of new technologies and green building goals, ConsensusDOCS today released a comprehensive update to its library of construction contract documents, as well as new contracts.

RE/MAX EXECUTIVES PROMOTED TO LEAD CHARGE IN 2011

DENVER, CO - January 20, 2011 - (RealEstateRama) -- RE/MAX, LLC today announced the promotion of two key executives as the Denver-based franchise continues to dominate the real estate industry both domestically and internationally

December Home Sales Rising, Prices Stabilizing

Denver, CO - January 19, 2011 - (RealEstateRama) -- Defying the seasonal trend, December home sales rose by 13.2% from November in a survey of 54 metropolitan areas. Home sales dropped 5.0% from December 2009, but this is the lowest year-over-year drop the survey has seen in five months.

IDX solution matches the dedication of real estate broker Grant Pearman to serving his...

EUGENE, OR - January 18, 2011 - (RealEstateRama) -- IDX Broker software is now enabled on the website of Grant Pearman, thanks to his partnership with IDX, Inc. the innovative IDX solution can easily be displayed and utilized on his professional website. With the additional Colorado Real Estate Network (CREN) MLS listings, thousands of properties are automatically synced to the website Pearman hosts, giving his clients and other western Colorado home seekers the unique ability to experience a comprehensive property search online. Never before has such an easy-to-use real estate solution been so widely accessible and available to potential buyers, as now thanks to Pearman and his IDX solution

2011 Marks Move from Fragile Recovery to Firmer Expansion According to Fannie Mae’s Economics...

WASHINGTON, DC - January 18, 2011 - (RealEstateRama) -- Thanks to strengthening in consumer spending and growing policy clarity at the end of 2010, the economy is finally poised to accelerate and sustain above-par, less volatile growth, according to the January 2011 Economic Outlook released today by Fannie Mae's (FNMA/OTC) Economics & Mortgage Market Analysis Group. The economy is expected to grow by 3.6 percent in 2011, compared to an estimated 2.8 percent in 2010. The group expects some increase in housing activity during 2011, however, a growth-oriented view of housing is not expected until 2012.

Best and Worst Annual Housing Markets Announced

Destin, FL - January 17, 2011 - (RealEstateRama) -- The best and worst housing market forecasts for 2011 have been issued by Housing Predictor, which selects the 25 best and 25 worst markets annually. Markets selected have the highest probability of reaching their forecasts, and are updated over the entire year as housing market conditions change

RE/MAX SPONSORS CONCERT SERIES TO BENEFIT CHILDREN’S MIRACLE NETWORK HOSPITALS

Denver, CO - January 17, 2011 - (RealEstateRama) -- RE/MAX, LLC will be sponsoring an 18-city concert tour to benefit Children's Miracle Network Hospitals, an organization that RE/MAX and its agents worldwide have raised more than $100 million to support since 1992. The concert features 9-year-old child prodigy, musician, composer and actor Ethan Bortnick who is rapidly becoming an international sensation.

USAA Real Estate Company and Gables Residential Enter Large National Development and Acquisition Venture

WASHINGTON, D.C. - January 14, 2011 - (RealEstateRama) -- On January 12th, an affiliate of USAA Real Estate Company executed a Joint Venture Agreement with Gables Residential to develop Class-A multi-family properties at select urban infill sites as well as purchase an interest in several of Gables’ best-in-class stabilized properties. The development and acquisitions amount to over $400 million of Class-A multi-family assets

CB RICHARD ELLIS APPOINTS MICHAEL CAFFEY SENIOR MANAGING DIRECTOR, DALLAS/FORT WORTH

Dallas, TX - January 14, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) has appointed Michael Caffey as Senior Managing Director and Dallas/Fort Worth market leader. In that role Mr. Caffey will be responsible for overseeing all business lines for CB Richard Ellis in the North Texas market area as well as the Company’s Oklahoma affiliate operations. Mr. Caffey is currently a Managing Director in CBRE’s Dallas office. He succeeds Mark Fewin, who was named last November as Global Leader for Project Management Services

Bankrate: Mortgage Rates Mostly Lower

NEW YORK, N.Y. - January 14, 2011 - (RealEstateRama) -- Mortgage rates were mostly lower this week, except for the benchmark conforming 30-year fixed mortgage rate, which held at 4.94 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.38 discount and origination points.

New Breed of Empowered Home Buyers to Get Up to 50% Share of Broker’s...

Cincinnati, OH - January 13, 2011 - (RealEstateRama) -- With the help of a brand new network of empowered real estate brokers and agents, home buyers can now receive a sizeable part of the real estate broker commission similar to the side deals relocation companies have been receiving for years. Real estate brokers have long shared commissions with relo companies and out-of-state brokers that refer home buyers to their office. Now, select brokers in the EmpoweredBuyer.com network are extending the commission-sharing to a new breed of knowledgeable home buyers.

Leading Real Estate of the World® Celebrates Successful Recruiting Year

CHICAGO, IL - January 13, 2011 - (RealEstateRama) -- Leading Real Estate Companies of the World® (LeadingRE), the world's largest network of leading independent real estate brokers, continued to expand in 2010, with over 50 new offices and 2,300 sales associates added during the year. A strong pipeline of new member candidates ensures additional growth in early 2011.

reOneSpot™ Named Preferred Partner of Leading Real Estate Companies of the World®

CHICAGO, IL - January 13, 2011 - (RealEstateRama) -- Leading Real Estate Companies of the World® has selected reOneSpot™ as a preferred partner to provide its network of 600 brokerage firms worldwide a low-cost, intelligent, web-based enterprise solution that securely enables collaboration and sharing of activities, documents, feedback and communications between brokers, agents and their clients in one easy-to-use integrated location. This all-in-one solution platform helps real estate brokers and associates improve efficiency and productivity with tools that enhance and streamline the regular, day-to-day activities involved in today’s business of real estate.

Mortgage Rates Down for Second Week

McLean, VA - January 13, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®). The survey results showed lower mortgage rates for both long- and short-term rates, with the 30-year reaching a four-week low

CRE Consulting Corps Panel to Map Strategy for School Board Properties

New Orleans, LA - January 12, 2011 - (RealEstateRama) -- A panel of distinguished national real estate experts from the Consulting Corps of The Counselors of Real Estate (CRE) will be working with the Orleans Parish School Board (OPSB) this week to map strategy for 37 properties in the school board’s portfolio

ZipRealty Announces Bold Changes to Focus on Core Strengths in Technology, Online Marketing and...

EMERYVILLE, CA - January 12, 2011 - (RealEstateRama) -- ZipRealty, Inc. (NASDAQ: ZIPR) announced today a series of changes to enhance the Company’s focus on core strengths in technology, online marketing and its most attractive local real estate markets. The restructuring and organizational changes are expected to position ZipRealty to achieve positive cash flow in 2011 and provide a solid platform for long-term growth.

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