WASHINGTON, D.C. - March 7, 2014 - (RealEstateRama) -- On May 9, 2013, Congressman Jim Sensenbrenner (R-Wis.) introduced H.R. 1944, the Private Property Rights Protection Act, which would prevent the federal government or any authority of the federal government from using economic development as a justification for exercising its power of eminent domain. This bill would also discourage states and localities from abusing their eminent domain power by denying states or localities that commit such abuse all federal economic development funds for a period of two years. Today, it passed in the House of Representatives 353-65
WASHINGTON, D.C. – March 4, 2014 – (RealEstateRama) — Are we worth it? There have always been buyers and sellers who want to go it alone. They are sure that they can save money by not paying a commission. In my experience the reality is somewhat diffe…
SOUTH BURLINGTON - March 7, 2014 - (RealEstateRama) -- Gov. Peter Shumlin today signed into law a mid-year budget adjustment bill. In addition to increasing reserve funds, the bill provides funding to expand opiate and heroin addiction treatment, emergency housing services, homeowners and renters rebates, pesticide cleanup work in Rutland County, mental health services and more
Washington, D.C. - March 6, 2014 - (RealEstateRama) -- U.S. Representative Colleen Hanabusa (HI-01) today voted in favor of H.R. 3370, the Homeowner Flood Insurance Affordability Act, which seeks to address unaffordable flood insurance rate hikes by rolling back the sudden increases in premiums and providing stability for homeowners looking to sell their homes
COLUMBUS, GA - March 6, 2014 - (RealEstateRama) -- Today, Congressman Sanford D. Bishop, Jr. (GA-02) released the following statement announcing the awarding of a new $293,125 grant from the NeighborWorks national organization to assist NeighborWorks Columbus during the 2014 fiscal year. The funding is appropriated through the Consolidated Appropriations Act of 2014 and will support NeighborWorks Columbus in their efforts to revitalize and sustain communities, promote and preserve affordable housing options, and create and sustain jobs in Columbus, Georgia
WASHINGTON, D.C. - March 6, 2014 - (RealEstateRama) -- Congressman Mario Diaz-Balart (R-FL) released the following statement after the passage of H.R. 3370, The Homeowner Flood Insurance Act of 2014:
WASHINGTON, D.C. - March 6, 2014 - (RealEstateRama) -- Last night, Congressman John Garamendi (D-Fairfield, CA), who served as California’s State Insurance Commissioner for eight years, voted for and spoke in favor of the Homeowner Flood Insurance Affordability Act, which passed the House of Representatives on a bipartisan vote of 306-91. The legislation addresses an unintended and serious problem stemming from the Biggert-Waters Flood Insurance Reform Act of 2012: unreasonably high and immediate increases in flood insurance rates.
Phoenix, AZ - March 5, 2014 - (RealEstateRama) -- Attorney General Tom Horne today announced the award of over $600,000 to fund job training and employment search services programs for individuals impacted by foreclosure. These programs are funded by the national mortgage settlement reached with the nation’s five largest mortgage loan servicers (Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo). The Attorney General’s Office bargained hard to the last minute, and bought $2 billion into Arizona from this settlement, to keep people in their homes and help the Arizona economy
LOS ANGELES - March 5, 2014 - (RealEstateRama) -- With the statewide housing inventory slowly improving, California pending home sales picked up steam in January and reversed a two-month decline, but pending sales were still down from a year ago, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
TALLAHASSEE - March 5, 2014 - (RealEstateRama) -- Chief Financial Officer Jeff Atwater today announced that the Florida Department of Financial Services helped recover more than $253 million for Floridians during 2013. The recoveries were made possible by investigative and consumer-driven efforts led by the divisions of Agent and Agency Services and Consumer Services, along with the Bureau of Unclaimed Property.
WASHINGTON, D.C. - March 5, 2014 - (RealEstateRama) -- Today, Congressman Bill Cassidy announced that the amended Homeowner Flood Insurance Affordability Act (H.R. 3370) was finalized Friday evening after its review by a group of bi-partisan leaders in the House. The final version of the legislation is likely to be voted on next Wednesday.