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Archives

Stacy Neir of Kentwood City Properties, Noted Artist Michael Gadlin to Host “Art of...

DENVER, CO - February 14, 2011 - (RealEstateRama) -- Stacy Neir, a leading Broker Associate with Kentwood City Properties, and award-winning artist Michael Gadlin, will host a special “Art of Living” event on Sunday, February 27, 2011 from noon t...

ZipRealty’s Monthly Price Reduction Index Reports Double Digit Increase in Number of Price Reduced...

EMERYVILLE, CA - February 14, 2011 - (RealEstateRama) -- Home sellers continue to discount their asking price in an attempt to entice buyers to move towards a purchase according to a report issued by national real estatebrokerage ZipRealty (www.ziprealty.com; NASDAQ: ZIPR). ZipRealty’smonthly Price Reduction report, which is generated from a review of MLS-listed properties in 26 markets, shows that inventory is up a modest 2.81 percent from January 2010, but the total number of homes where sellers have cut the asking price at least once was up 17.6 percent. This double-digit growth in discounted homes may be another indicator of a sluggish market.

Census Bureau Releases First Detailed Data on Katrina Damage to New Orleans Area Housing

February 14, 2011 - (RealEstateRama) -- Almost three-quarters (74 percent) of current homeowners in the New Orleans area say their homes were damaged by Hurricane Katrina, according to data released today by the U.S. Census Bureau. Of these, more than four in 10 reported their homes had suffered major damage and required repairs of $15,000 or more for which most owners received federal flood insurance.

Best Housing Markets Named in 2011

Destin, FL - February 14, 2011 - (RealEstateRama) -- The best housing markets forecast in 2011 have been named by Housing Predictor, which forecasts local markets in all 50 U.S. states. Markets are annually selected by the real estate research firm, and updated as regional market conditions demand over the entire year.

America Needs an Affordable and Adequately Regulated Secondary Market, Says NAR

Washington, DC - February 14, 2011 - (RealEstateRama) -- The National Association of REALTORS® welcomes the Obama Administration’s call for an orderly transition from the current form of the secondary mortgage market to a new structure that would enable Americans to achieve affordable, sustainable mortgages

Apartment Groups Encouraged by Administration’s GSE Plan; Call for Continued Federal Guarantee for Rental...

WASHINGTON, DC - February 11, 2011 - (RealEstateRama) -- National Multi Housing Council (NMHC) President Doug Bibby issued the following statement concerning today's release of the Obama Administration's proposal for reforming Fannie Mae and Freddie Mac. His statement is on behalf of NMHC and its joint legislative partner, the National Apartment Association.

CB RICHARD ELLIS CAPITAL MARKETS ANNOUNCES ADDITIONAL LEADERSHIP ENHANCEMENTS

Los Angeles, CA - February 11, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) today announced the promotions of Michael J. Riccio and Mitchell W. Kiffe to Senior Managing Director, Capital Markets, reflecting their expanded responsibilities as Co-Heads of Production for CBRE’s Debt & Equity Finance practice. In his new role, Mr. Riccio will focus on expanding life company correspondent and lender relationships while remaining the northeast Debt & Equity Finance regional leader and continuing to serve long-standing institutional accounts. Mr. Kiffe will continue his multi-family market focus while also seeking to enhance CBRE’s collaboration with Freddie Mac, Fannie Mae and the FHA as well as other capital sources

Deadline for real property taxes extended to Feb. 22

L?HU‘E, HI - February 10, 2011 - (RealEstateRama) -- Because the normal deadline for real property taxes fall on Sunday, Feb. 20 and Monday, Feb. 21 is President’s Day, Kaua'i property owners have until Tuesday, Feb. 22 to pay the second installment of real property taxes for the 2010-2011 tax year without penalty

FCIC Commission Report: A Test Of Our Moral Fitness to Survive

(LPAC) - February 10, 2011 - (RealEstateRama) -- Congressional candidate and LaRouche PAC organizer Kesha Rogers, who is running in Houston, TX as part of a six person national slate of LaRouche Democrats, issued the following statement today

GSE Structures Must Protect Taxpayers and Ensure Mortgage Availability, Says NAR

WASHINGTON, DC - February 10, 2011 - (RealEstateRama) -- Continued government participation in the secondary mortgage market is essential to ensuring affordable and available home mortgages to qualified consumers when private lenders withdraw from the market, according to the National Association of Realtors®’ recommendations for restructuring the government-sponsored enterprises (GSEs)

Home Price Stabilization Seen in Most Metro Areas during Fourth Quarter, Sales Up

Washington, DC - February 10, 2011 - (RealEstateRama) -- Home sales rebounded in 49 states during the fourth quarter with 78 markets – just over half of the available metropolitan areas – experiencing price gains from a year ago, while most of the rest saw price weakness, according to the latest survey by the National Association of REALTORS®.

Enterprise Named Freddie Mac Targeted Affordable Housing Lender

COLUMBIA, MD - February 9, 2011 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise), a national leader in affordable housing and community development, today announced that Freddie Mac (OTC: FMCC) has given the company approval to originate affordable multifamily loans nationally on its behalf. The new license granted to Enterprise rounds out the company’s agency platform, which already includes capacity to sell and service loans for Fannie Mae and FHA. Enterprise is among a handful of lenders approved to sell and service targeted affordable housing loans nationwide. These are loans on apartment properties with rents that are affordable to low- and very-low income individuals whose incomes are at or below 80 percent or 60 percent of the area median income, respectively.

Energy Value Housing Awards Recognize Several High Performance SIP Homes

February 9, 2011 - (RealEstateRama) -- During an awards ceremony held at the International Builders’ Show in Orlando, Florida, the NAHB Research Center recognized twelve of the nation’s leading energy-efficient builders and remodelers with the Energy Value Housing Awards (EVHA). Now in its 16th year, the EVHA challenges builders to elevate standards for energy-efficient construction. Winners are selected from projects in three climate regions (Cold, Moderate, Hot) and five categories (Affordable, Custom/Demonstration, Multifamily, Production, and Existing Homes)

Len O’Donnell Joins USAA Real Estate Company As President And Chief Operating Officer

February 9, 2011 - (RealEstateRama) -- USAA Real Estate Company is pleased to welcome Len O’Donnell as President and Chief Operating Officer, overseeing all operations of the company. O’Donnell comes to USAA Real Estate Company with more than 25 years of extensive real estate experience as President and CEO of Crimson Capital Ltd and Principal of Crimson Real Estate Fund, based in Houston. Prior to Crimson, Len spent 10 years as a leading investment sales broker in Washington, D.C. He is a graduate of the University of Delaware.

Private Sector and Government Working Together to Promote Sustainable Building Practices

FALLS CHURCH, VA. - February 8, 2011 - (RealEstateRama) -- Noblis, in collaboration with CTG Energetics and the U.S. Green Building Council (USGBC), is pleased to announce the release of the U.S. General Services Administration’s (GSA’s) Sustainable Facilities Tool

Riverfront Park Expert Dena Pastorini Joins Kentwood City Properties as Broker Associate

DENVER, CO - February 7, 2011 - (RealEstateRama) -- Dena Pastorini, a leading real estate professional, has joined Kentwood City Properties in downtown Denver as a Broker Associate. Pastorini brings a wealth of sales and marketing experience to Ken...

Opinion Poll Shows Divide on Foreclosures

Destin, FL - February 7, 2011 - (RealEstateRama) -- Despite the financial hardship it would trigger, Americans are divided on whether the U.S. government should take action to halt the foreclosure crisis. The stunning result was delivered in a new opinion poll taken by Housing Predictor.

Realtors® Praise FHFA for Proposed Rule to Prohibit Private Transfer Fees

Washington, DC - February 4, 2011 - (RealEstateRama) -- The National Association of Realtors® applauds the Federal Housing Finance Agency for moving ahead with a proposed rule to restrict government-sponsored enterprises Fannie Mae and Freddie Mac and the 12 Federal Home Loan Banks from investing in mortgages encumbered by private transfer fee covenants

RIEMA Warns that Roof Collapse Threats Will Likely Increase with Projected Snow Event for...

Cranston, RI - February 3, 2011 - (RealEstateRama) -- With forecasters predicting another significant winter weather event for Saturday, RI Emergency Management officials are warning that roof collapse incidents may increase

MAMCO Property Management Donates Funds from Associa Cares to Families in Need

Mt. Laurel, NJ - February 3, 2011 - (RealEstateRama) -- MAMCO Property Management, an Associa company, with the help of Associa Cares, recently donated funds to six local families who lost their homes in a fire.

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

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.