Seattle, WA - December 2, 2010 - (RealEstateRama) -- A Chicago billionaire paid $31.5 million for a home in Aspen, the most paid for a residential property in the luxury resort community this year. The buyer's broker, Steven Shane of SDS Real Estate, declined to disclose the name of his client. The seven-bedroom, nine-bath 12,432 square foot home sits on 44 acres at 2435 W. Buttermilk Road.
Destin, FL - December 1, 2010 - (RealEstateRama) -- Housing Predictor, the online real estate research firm is rolling out its annual housing market forecasts for 2011. More than 230 local market forecasts are being issued for the year. All forecasts are annually updated for the New Year and are available to all online visitors for free as part of the company’s efforts to provide real estate forecasts, news and analysis on the housing market in the public interest.
Customizable IDX solution integrates Triangle listings online, to simplify and narrow property search
EUGENE, OR - November 30, 2010 - (RealEstateRama) -- Triangle MLS (TMLS) listings are now easier to search for than ever before, thanks to the unique partnership between real estate agent Robert Pearse and IDX, Inc. The IDX solution now employed on the website Pearse manages, automatically syncs TMLS listing data with his search page, to give home seekers a comprehensive and thorough online database of home listings. This revolutionary technology gives Pearse and his real estate website a leg-up over his competition, by making it the quickest and simplest place to search for properties online
MILFORD, CT - November 30, 2010 - (RealEstateRama) -- Hartford National Title, Inc., a leading provider of title insurance and real estate closing services, announced today the launch of OneSourceQuote, its new Good Faith Estimate (GFE) and HUD-1 title calculator. This free online application is the byproduct of many months’ worth of developmental efforts and testing by programmers, staff, and beta clients.
Torrance, CA - November 29, 2010 - (RealEstateRama) -- Chris Runyen of Charles Dunn Company, one of the largest full service regional real estate companies on the West Coast, represented the landlord, U.S. Bank, in a 10-year lease renewal of Associated Press’ offices at Figueroa Courtyard in Downtown Los Angeles. The largest West Coast bureau of AP, the 15,444-square-foot office is located at 221 S. Figueroa Street. The value of the transaction was approximately $5.5 million.
Torrance, CA - November 29, 2010 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a 10-year lease of a 98,000-square-foot LEED Certified industrial building located at 2633 Progress St. in Vista, Calif., in San Diego County. The lease is valued at approximately $6.7 million.
New York, N.Y. - November 29, 2010 - (RealEstateRama) -- Turner Construction Company announced that the Fourth Quarter 2010 Turner Building Cost Index has slightly increased over the Third Quarter of 2010. The Turner Building Cost Index measures costs in the non-residential building construction market in the United States. The Turner Building Cost Index of 801 reflects a 0.38% increase over the Third Quarter 2010. However, overall construction costs have decreased by 0.25% when measured in comparison to the Fourth Quarter of 2009.
PARSIPPANY, N.J. - November 26, 2010 - (RealEstateRama) -- Sotheby’s International Realty Affiliates LLC today announced that Pacific Sotheby's International Realty in San Diego is the newest member of its luxury real estate network. The firm, owned by Brian Arrington, serves San Diego County
Pittsburgh, PA - November 25, 2010 - (RealEstateRama) -- Rent Jungle (www.rentjungle.com) unveiled an industry-first web site, allowing apartment and rental-house hunters to search the contents of listings from thousands of other web sites – using spidering and indexing technologies similar to that of a search engine, but dedicated exclusively to the rental housing industry.
Fannie Mae’s Most Recent National Housing Survey Indicates Americans Uncertain Housing Market has Bottomed
WASHINGTON, D.C. - November 24, 2010 - (RealEstateRama) -- Fannie Mae's (FNMA/OTC) most recent nationwide housing survey finds that Americans are less certain that the housing market has bottomed, and continue to be wary of buying a home. The Third Quarter 2010 Fannie Mae National Housing Survey polled homeowners and renters between July 2010 and September 2010. Findings were compared to similar surveys conducted in June 2010, January 2010, and December 2003.
PITTSBURGH, PA November 23, 2010 – The Board of Directors of the Federal Home Loan Bank (FHLBank) of Pittsburgh today declared the results of the recent election to fill seats vacated by Directors whose terms expire on December 31, 2010. The election includes two member director positions for Delaware, one member director position each for Pennsylvania and West Virginia, and two non-member independent director positions
Detroit, MI - November 23, 2010 - (RealEstateRama) -- Quicken Loans Inc., the nation’s largest online lender and a top-five retail mortgage lender, announced it ranked highest in “customer satisfaction” among all home loan lenders in the United States in a benchmark study of the mortgage industry by J.D. Power and Associates, the global marketing information services company.
WASHINGTON, DC - November 22, 2010 - (RealEstateRama) -- Today more than 15,000 walkers joined together on the National Mall to participate in Fannie Mae's 23rd Annual Help the Homeless Walkathon, raising awareness and funds to prevent and end homelessness.
Philadelphia Hosts 14th National Brownfields Conference at Pennsylvania Convention Center April 3-5, 2011
WASHINGTON D.C.- November 22, 2010 - (RealEstateRama) -- More than 6,000 environmental and economic development officials, finance and insurance providers, risk managers, planners, attorneys, civil engineers and students are expected to attend the U.S. EPA co-sponsored National Brownfields Conference, April 3-5, 2011, at the Pennsylvania Convention Center in Philadelphia.
HELENA, AR - November 19, 2010 - (RealEstateRama) -- Helena National Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) are pleased to announce that they have awarded a $4,000 Partnership Grant Program (PGP) award to Main Street Helena. Representatives from the banks joined Main Street Helena officials for a check presentation Tuesday in historic downtown Helena
BUILDING PERFORMANCE AND OCCUPIER SATISFACTION EXPECTED TO PRODUCE IMPROVED RETURN ON GREEN BUILDING INVESTMENTS
Chicago, IL - November 18, 2010 - (RealEstateRama) -- Sustainable buildings are expected to generate stronger investment returns than traditionally managed properties, according to an ongoing study of a national office portfolio managed by CB Richard Ellis. The study found that owners of sustainably managed buildings anticipate a 4% higher return on investment than do owners of traditionally managed buildings, as well as 5% [more] increase in building value. Roughly 79% of owners surveyed believe that sustainable properties perform well in attracting and retaining tenants, yielding a 5% increase in building occupancy and 1% increase in rental income.
San Jose del Cabo, MX - November 18, 2010 - (RealEstateRama) -- Associa Mexico Realty Services recently expanded its already diverse company profile by adding the Las Mananitas condominiums, one of the area’s finest beachfront properties.
San Antonio, TX - November 18, 2010 - (RealEstateRama) -- USAA Real Estate Company announces the purchase of Patterson Court, a Class-A multifamily community located at 8112 Patterson Wood Drive in Little Lake Bryan, a master development in Orlando. The property was purchased from Atlanta-based Woods Partners. Details of the transaction have not been disclosed.
WASHINGTON, DC - November 18, 2010 - (RealEstateRama) -- Improving financial conditions and recent encouraging signs from the labor market should set the stage for an above-par growth trend by mid 2011, according to the November 2010 Economic Outlook released today by Fannie Mae's (FNMA/OTC) Economics & Mortgage Market Analysis Group. Despite challenges, including uncertainty on the domestic fiscal policy and international fronts, improvement in economic activity will likely occur at a gradual pace moving into 2011. The economy showed a slight pickup in growth in the third quarter to 2.0 percent at an annualized pace, up from 1.7 percent in the previous quarter, and consumer spending posted the best showing since the end of 2006. Even with stronger than expected economic growth in the third quarter, the group forecasts continued sluggish growth at least through the first quarter of 2011.
PLEASANTON, CA and LA JOLLA, CA - November 18, 2010 - (RealEstateRama) -- Ellie Mae®, the enterprise mortgage origination technology provider for mortgage bankers, mortgage brokers, community banks, credit unions and other mortgage lenders, and Closing.com, the largest one-stop-shop for real estate closing services on the Web, have announced the launch of Encompass Assured GFE™ service powered by Closing.com’s SmartGFE® Service. With Encompass Assured GFE, Encompass360™ users can now create Good Faith Estimates, which are backed by a ClosingCorp compliance guarantee, directly from their Encompass360 systems.