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Appraisal Institute, Building Codes Assistance Project Offer ‘Green’ Appraisal Guidance
The Appraisal Institute and the Building Codes Assistance Project today released guidance for homebuilders, buyers and lenders related to valuation of green and energy-efficient homes
2015 NJ REALTORS Circle of Excellence Sales Award
Did you have a banner year? Did you hit your sales goal and then some? Submit your application for the NJ REALTORS® Circle of Excellence Award! The award recognizes those members who have demonstrated excellence in the field of salesmanship. This prestigious program comprises two awards: The NJ REALTORS® Circle of Excellence Award and the NJ REALTORS® Distinguished Sales Club application.
California pending home sales bounce back in October
Pending home sales bounced back from the previous month at the statewide level in October, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. Pending sales were also significantly higher on an annual basis, portending higher closed escrows in the next couple of months
Moderate Expansion, Easing Prices Expected for Commercial Real Estate Markets
Sustained job growth throughout the country and improving credit conditions are forecast to help keep commercial real estate activity expanding into next year, but property prices are likely to slightly cool off after reaching their peak in some major markets, according to the National Association of Realtors®quarterly commercial real estate forecast.
HDC Community Fund $700,000 loan will help Human Solutions acquire property for year-round emergency...
When Human Solutions needed funds—quickly—to acquire a blighted commercial property and convert it into an emergency shelter for homeless families, we were there to help. Early next year the Southeast Portland nonprofit will reopen the shuttered Black Cauldron strip club at Southeast 160th Avenue and Stark Street as Multnomah County’s first year-round, 24/7 family shelter. Providing 130 urgently needed beds for kids and adults, plus laundry facilities, showers, a computer lab and indoor and outdoor play areas, the facility will replace and improve upon Human Solutions’ inadequately sized winter warming center, located a few blocks away.
MAREI KICKS OFF ITS ANNUAL HOLIDAY FUNDRAISING CAMPAIGN TO BENEFIT THE MARINE TOYS FOR...
Mid-America Association of Real Estate Investor’s announced the launch of its annual metrowide fundraising campaign to benefit the Marine Toys for Tots Foundation in the Kansas City Area. Now through Tuesday, December 8, member’s and guests can spread holiday joy to some of the 15.5 million U.S. children living in poverty by donating new, unwrapped toys at the Holiday Inn & Suites at 8787 Reeder Road in Overland Park Kansas or bring a toy to the monthly Meeting.
Palm Beach County: Home Sales Hit 18-Month Low
Housing market reports for October 2015 are now available. Below are the year-over-year figures for Palm Beach County from the Realtors® Association of the Palm Beaches (RAPB). RAPB is the 6th largest local association in the country representing over 14,000 REALTOR® members involved in all aspects of residential, commercial, and global real estate throughout Southeast Florida and the Treasure Coast.
October Marks More than Four Years of Price Appreciation in Miami
The Miami-Dade County real estate market continued to strengthen in October as properties sold fast and near asking price and sales prices again increased, according to a new report by the 41,000-member MIAMI Association of REALTORS® (MIAMI) and Multiple Listing Service (MLS) system
CHFA plans to sell $60.3 million in tax exempt bonds to finance affordable multifamily...
The Connecticut Housing Finance Authority (CHFA) plans to offer up to $60.3 million in Tax Exempt Bonds to finance six affordable multifamily rental developments: Billings Forge in Hartford, Charles Street Apartments in Meriden, Frost Homestead in Waterbury, Laurelwood Apartments in Bridgeport, Old Talcott Mill in Vernon, and Trinity Park in Stamford, totaling 488 units.
Illinois home prices climb in October; Sales lower amid tighter inventory
The Illinois statewide median price experienced a 6.3 percent annual gain in October. Sales declined slightly as available housing inventory tightened, according to the Illinois Association of REALTORS
Mayor Lee & Supervisor Breed Announce Milestone Reached in Historic Reenvisioning & Rebuilding of...
Mayor Edwin M. Lee and Supervisor Breed announced the historic transfer of 15 public housing sites and 1,425 units to community-based nonprofit ownership as part of the Mayor’s 2013 Re-Envisioning Public Housing Plan and the Department of Housing and Urban Development’s Rental Assistance Demonstration Program (RAD).
HUD OFFERS NEXT ROUND OF PLANNING GRANTS TO HELP TRANSFORM COMMUNITIES
The U.S. Department of Housing and Urban Development (HUD) announced the availability of new funding to help local communities across the country to redevelop severely distressed public and HUD-assisted housing and transform surrounding neighborhoods. The funding announcement introduces an additional, innovative component to the Choice Neighborhoods Planning Grant, called Planning and Action Grants.
New Study Suggests Strong Outlook for Green Homes
During the prolonged housing downturn, green homes provided support to the ailing residential market and now promise to be an important element of the recovering market as well, according to a new study conducted by Dodge Data & Analytics, in partnership with the National Association of Home Builders (NAHB) and with the support
SEIA Applauds Governor Cuomo For Setting a 50 Percent Renewable Electricity Mandate
Following is a comment from Rhone Resch, president and chief executive officer of the Solar Energy Industries Association (SEIA), on reports that New York is going to establish a mandatory 50 percent renewable portfolio standard by 2030.
MBA Opens Doors Announces Major Donation from Arch Capital Group, parent of Arch MI
The Mortgage Bankers Association Opens Doors Foundation (MBA Open Doors) today announced that Arch Capital Group Ltd. (Arch Capital), has made a very generous contribution. MBA Opens Doors is a non-profit organization dedicated to providing assistance to families with a critically ill or injured child by making their mortgage or rent payment. Arch Capital's generous donation has earned them recognition as an Opens Doors Foundation Guardian and is the largest single donation in Foundation history.
Ply Gem and country music icon Alan Jackson launch the Home for Good Project...
Ply Gem Industries, a manufacturer of exterior building products in North America, is proud of its 70-plus-year history of offering home exterior building products and solutions. Now, as part of the Home for Good Project, Ply Gem is giving back by uniting with Grammy award-winning country superstar Alan Jackson and low-income families to build affordable housing in partnership with Habitat for Humanity.
October Residential Real Estate Outperforms Last Year in Pace and Price October 2015 Virginia...
October residential real estate sales indicate sustained market improvement, with a rise of over five percent from the same time period last year. Higher volume coupled with a higher median sales price accounts for the bump in overall transactional value from $2.59 to $2.72 billion. According to the October 2015 Home Sales Report released by the Virginia Association of REALTORS® (VAR), sales each month this year have exceeded the sales for the corresponding months in 2014.
New York State housing market thrives in October
The 2015 New York State housing market growth trend continued into October, reaching the highest level of closed sales for the month in more than 25 years, according to the housing market report released today by the New York State Association of REALTORS. October 2015 closed sales increased nearly 2 percent to reach 11,216.
Sen. Brown Outlines New Legislation to Improve Programs for Homeless Veterans and Their Families...
U.S. Sen. Sherrod Brown (D-OH), ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs and a member of the U.S. Senate Committee on Veterans’ Affairs, outlined legislation to improve programs for homeless veterans and their families in Warren today. According to the National Coalition for Homeless Veterans, about 12 percent of the adult homeless population is comprised of veterans
Wells Fargo Awards $212,500 Grant to Brothers Redevelopment for Aurora Housing
Wells Fargo & Company (NYSE: WFC) today announced a $212,500 grant to help support Brothers Redevelopment’s Paris Street project in Aurora, Colo. When complete, the Paris Street development will provide quality, affordable housing for more than 40 families, with a preference for veterans