$19 Billion Settlement From BP Should Go to Gulf Recovery
As part of an agreement with the federal government and Gulf Coast states, BP today agreed to pay $18.7 billion to resolve lawsuits over the 2010 Deepwater Horizon oil spill disaster in the Gulf of Mexico
Rhode Island Looking Toward Long-Term Disaster Recovery
WARWICK, RI - March 28, 2013 - (RealEstateRama) -- Spring is just around the corner, and it is the ideal time to start home repairs. For many Rhode Islanders, this year's springtime repairs include repairing damages from Hurricane Sandy, the Blizzard o...
Housing Bubble Recovery: Will The Next 12 Months Show Signs of Life?
WASHINGTON, D.C. - February 25, 2013 - (RealEstateRama) -- There seems to be a sliver of hope for the real estate market in the U.S. According to the National Association of Realtors, median sales price in January for previously-owned homes has risen 12.3 percent annually. This is the strongest gain in over seven years and the 11th consecutive month of annual increases. Primary reasons for this gain in price are thought to be a low inventory and an inflow of investors with enough money to heat up the bidding markets. There has also been an increase in the number of traditional sales rather than foreclosures and short sales.
FEMA Awards more than $254 million to Rebuild New York
NEW YORK, NY - December 10, 2012 - (RealEstateRama) -- This week, the Federal Emergency Management Agency announced three new Public Assistance (PA) grants to New York, bringing the total awarded since Hurricane Sandy to $254 million. PA grants will be...
Disaster Recovery Center Opens for Four Days in West Baton Rouge Parish
BATON ROUGE, LA - October 15, 2012 - (RealEstateRama) -- A State/FEMA Disaster Recovery Center will be open Monday through Thursday in West Baton Rouge Parish to assist homeowners, renters and business owners who sustained uninsured or underinsured da...