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RealEstateRama

RealEstateRama is an Internet based Real Estate News and Press Release distributor for Real Estate publishing community.

Chris Hunt is a RealEstateRama Staff editor.
He has manage to selection and verify the real estate news for USA States.

Email : andy@gmail.com

City : NY

State : NY

Country : USA

Postal Code : 99345

STUDY SHOWS MANY FIRST TIME BUYERS CAN’T TAKE ADVANTAGE OF DECLINING HOME PRICES

BURLINGTON, VT - June 16, 2010 - (RealEstateRama) -- In spite of the softening real estate market, Vermonters earning the median income still could not afford the median priced home, according to a new report released today

HomeAway Announces Passing of Chief Operating Officer, Andrew Harris

AUSTIN, TX - June 15, 2010 - (RealEstateRama) -- HomeAway®, Inc. regrets to announce Andrew Harris, the company’s chief operating officer (COO), passed away at his home in Austin on June 2, 2010, after a long and valiant battle with cancer. The company extends its deepest condolences to Mr. Harris’ family, especially his beloved wife, Lisa.

Administration Provides $1.5B to Five State HFAs for Foreclosure Prevention

Washington, DC - June 15, 2010 - (RealEstateRama) -- Today, President Obama announced a plan to provide $1.5 billion in Troubled Asset Relief Program (TARP) funds to five state Housing Finance Agencies (HFAs) to help them stem home foreclosures with programs they design to modify negative equity mortgages and provide emergency homeowner loans, among other strategies. The Administration is expected to allocate the funds to Arizona, California, Florida, Michigan, and Nevada, which have been especially hard hit by home price declines and unemployment

Bay Area Single-Family Home Prices Increase 9.9% in May, Sales Expected to Slow Mid-Summer

San Francisco, CA - June 15, 2010 - (RealEstateRama) -- Redfin today released new data on the San Francisco Bay Area market showing that the median price of a Bay Area single-family home increased 9.9% from April to May, and 32.8% year over year. The number of house sales that closed increased 10.1% from April to May. As the market enters what is typically its busy summer season, inventory has remained low and even still, competition has decreased, especially for lower-priced homes.

MORTGAGE FORECLOSURE CRISIS ADDS TO PROBLEM PROPERTY INVENTORIES, COSTS IN CITIES ACROSS U.S.

June 14, 2010 - (RealEstateRama) -- For another year, the nation’s mortgage foreclosure crisis continued to complicate U.S. cities’ efforts to manage and dispose of growing inventories of vacant and abandoned properties, according to the most recent survey of mayors conducted by The U.S. Conference of Mayors and released today during the organization’s annual meeting in Oklahoma City. Today’s report is the fourth in the Conference’s series on cities’ efforts to combat problems of vacant and abandoned property.

House Passes Legislation to Help Homeowners, Reform Federal Housing Administration

Washington, DC - June 14, 2010 - (RealEstateRama) -- The U.S. House of Representatives today passed legislation introduced by Congresswoman Maxine Waters (D-CA) to help families realize the dream of homeownership, protect Americans from mortgage fraud and save taxpayers money. The FHA Reform Act of 2010 (H.R. 5072) ensures that the Federal Housing Administration (FHA) remains viable and continues its mission of insuring mortgage loans. The bill passed overwhelmingly by a vote of 406-4.

Federal Home Loan Banks’ Affordable Housing Program to be Honored at the NHC 38th...

Washington, DC - June 11, 2010 - (RealEstateRama) -- The National Housing Conference (NHC), the United Voice for Housing, is pleased to announce that it will honor the Federal Home Loan Banks’ Affordable Housing Program (AHP) – the nation’s largest source of private grant funds for affordable housing – with the 2010 “Housing Person of the Year” Award at its 38th annual Gala in Washington, DC this evening.

Federal Home Loan Banks’ Affordable Housing Program to be Honored at the NHC 38th...

Washington, DC - June 11, 2010 - (RealEstateRama) -- The National Housing Conference (NHC), the United Voice for Housing, is pleased to announce that it will honor the Federal Home Loan Banks’ Affordable Housing Program (AHP) – the nation’s largest source of private grant funds for affordable housing – with the 2010 “Housing Person of the Year” Award at its 38th annual Gala in Washington, DC this evening.

Fenty Unveils New Affordable Housing in Ward 4

Washington, DC - June 11, 2010 - (RealEstateRama) -- Mayor Adrian M. Fenty, joined by Ward 4 Councilmember Muriel Bowser, Deputy Mayor for Planning and Economic Development (DMPED) Valerie-Joy Santos and the Ward 4 community, today celebrated a 26-unit condominium building at 6425 14th Street, NW called the Tewkesbury. Blue Skye Construction, as developer and contractor, worked with PGN Architects to completely renovate the vacant apartment building that had been a blight on the Brightwood community for more than 20 years

Federal Home Loan Banks’ Affordable Housing Program to be Honored at the NHC 38th...

Washington, DC - June 9, 2010 - (RealEstateRama) -- The National Housing Conference (NHC)

Report: Some Progress on Renters’ Rights in Foreclosure, Much More to Be Done

June 8, 2010 - (RealEstateRama) -- Despite a federal law enacted in 2009 for renters living in foreclosed properties, many tenants across the country are still being threatened with eviction and are being forced to leave their homes on short notice. A report released today by the National Law Center on Homelessness & Poverty, Staying Home: The Rights of Renters Living in Foreclosed Properties, explains the impact of the new law and discusses problems with its implementation, and summarizes the results of a 50-state survey of developments in state laws protecting tenants living in foreclosed properties since early 2009.

Functionality in the home named top priority

June 8, 2010 - (RealEstateRama) -- Des Plaines, Illinois, June 8, 2010—According to the latest poll conducted by the National Association of the Remodeling Industry (NARI) on its Web site, the majority (56%) of homeowners cite functionality as their largest concern when it comes to their home

Special Provisions Allow Military Home Buyers to Capture Tax Credits

Avondale, AZ - June 3, 2010 - Military families seeking to buy a home can count on a little tax help. The Homebuyers Tax Credit which provides eligible buyers with a tax credit of $8,000 for first time buyers and $6,500 for repeat home buyers ended on April 30, 2010 for civilians.

Responders at 1-877-4AID VET Help Veterans Find Food, Shelter and Assistance

CANANDAIGUA, N.Y. - June 4, 2010 - (RealEstateRama) -- Secretary of Veterans Affairs Eric K. Shinseki announced today the establishment of a new telephone hotline to provide emergency support and resources to homeless Veterans. He made the announcement as he toured the facility at the VA medical center in Canandaigua.

$500 Million Mortgage Facility Launched in Palestine

BETHLEHEM, WEST BANK - June 3, 2010 - (RealEstateRama) -- Palestinian President Mahmoud Abbas today launched a landmark $500 million mortgage finance program that will double the number of Palestinian families who are able to purchase homes by offering long-term mortgages that will enable them to enjoy the benefits of home ownership without excessively burdening their monthly incomes

USAA Real Estate Company Acquires Grocery-Anchored Shopping Center

San Antonio, TX - June 3, 2010 - (RealEstateRama) -- USAA Real Estate Company, through a co-investment joint venture, announces the acquisition of Wampanoag Plaza, a 225,610 square foot shopping center in East Providence, Rhode Island. New York-based Emmes Asset Management Company sold the property to the joint venture entity on May 28, 2010 for an undisclosed sum

USAA Real Estate Company Acquires Mixed Use Property In Uptown Dallas

June 3, 2010 - (RealEstateRama) -- On May 28th, USAA Real Estate Company acquired The Mondrian at CityPlace, a transit oriented Class-A mixed-use property located in the Uptown neighborhood of Dallas, Texas, from ZOM Cityplace, L.P. The purchase price of the property was not disclosed.

HomeAway Real Estate Partners with Realogy

Marketing Agreement Provides Realogy Brands with Access to Global Channel of Vacation Home. Buyers and Sellers and Broadens Selection of Vacation Home Inventory on HomeAwayRealEstate.com. AUSTIN, TX - June 2, 2010 - (RealEstateRama) -- HomeAway® Real Estate, the exclusive real estate arm of HomeAway, Inc. and the only online marketplace dedicated to buying and selling vacation homes with rental potential, today announced a marketing agreement with Realogy Corporation, a global provider of real estate and relocation services.

Shuster Joins Local Leaders to Celebrate Emerald Estates’ Successful Renovation

Washington, D.C. - June 2, 2010 - (RealEstateRama) -- Earlier today,Congressman Bill Shuster joined local civic leaders in a ribbon cutting ceremony to mark the successful completion of renovations to the Emerald Estates housing development in Gallitzin.

ForRent.com Forms Exclusive Partnership with Chicago.com

NORFOLK, VA - June 2, 2010 - (RealEstateRama) -- ForRent.com, a leading apartment search website and a division of Dominion Enterprises, has announced the launch of its new, exclusive partnership with Chicago.com.

Bank of America Begins Implementation of Principal Reduction Enhancement Under National Homeownership Retention Program

Qualified Homeowners Who Are Severely Underwater May Earn Forgiveness of Some Principal Over Three or Five Years. CALABASAS, CA - June 2, 2010 - (RealEstateRama) -- Bank of America has begun implementation of an earned principal forgiveness approach to modifying certain loans eligible for its National Homeownership Retention Program (NHRP). The plan is being offered to homeowners who owe considerably more on their loan than the current value of their home, when the loan is being considered for modification through the government’s Home Affordable Modification Program

ICBA: Community Banks Are a Resource for Prospective Homebuyers

Consumers Need Reliable Information to Make Smart Decisions Washington, D.C. - June 2, 2010 - (RealEstateRama) — June is National Homeownership Month and the Independent Community Bankers of America (ICBA) and the nation’s nearly 8,000 community banks are offering prospective homebuyers the information they need to help them navigate the home-buying process.

Quicken Loans Named ‘Rookie of the Year’ at Race for the Cure

WASHINGTON, D.C. - May 31, 2010 - (RealEstateRama) -- Quicken Loans, the nation’s largest online retail mortgage lender, and its family of companies received the Detroit Tigers Wives “Rookie of the Year” Award at the Susan G. Komen Detroit Race for the Cure on Saturday, May 22. The award is presented annually to the largest team participating in the Race for the first time.

Bank of America Announces First Year Results of 10-Year, $1.5 Trillion Community Development Lending...

CHARLOTTE, NC - May 27, 2010 - (RealEstateRama) -- Bank of America today released the first-year results of its 10-year, $1.5 trillion community development goal to lend and invest in underserved communities. Initiated in 2009 as the largest community development goal ever established by a U.S. financial institution, Bank of America provided $168.2 billion in community development lending and investments primarily benefitting low- and moderate-income (LMI) communities and minority customers in the first year. This result exceeded annual expectations despite adverse economic conditions, and translates, on average, to nearly $667 million every business day throughout the past year.

Eight Great Reasons Why the BOMA Conference Delivers the Best Education, Networking and Solutions...

WASHINGTON, DC - May 27, 2010 - (RealEstateRama) -- The Building Owners and Managers Association (BOMA) International announces eight great reasons why the 2010 BOMA International Conference and The Every Building Show®, June 27-29 in Long Beach, Calif., is the premier conference for commercial real estate professionals looking to succeed in challenging market. This year’s conference is a critical opportunity for property professionals to expand their professional networks, get the latest education and bring home innovative solutions that will prepare their businesses for recovery.“The last eighteen months have been among the most volatile periods in the history of commercial real estate. Property professionals are looking for answers about recovery and seeking strategies for succeeding in this new landscape,” commented BOMA International Chair James A. Peck, RPA, FMA, senior director of asset services, CB Richard Ellis. “We have designed this year’s program to address the needs of property and asset managers, engineers and executives. From networking opportunities to best-in-class speakers to unrivaled education, this conference will provide value on every level.”

Statement from Under Secretary Blank on New Home Sales in April 2010

WASHINGTON, D.C. - May 26, 2010 - (RealEstateRama) -- The Commerce Department’s U.S. Census Bureau today released new home sales data for April 2010. Sales of new single-family houses rose 14.8 percent in April to 504,000 units, well above the expectations of 425,000 units and a 3.4 percent monthly increase. New home sales have risen 47.8 percent above their level in April a year ago

US Labor Department announces competition for $750,000 in cooperative agreements to assist in maintaining...

WASHINGTON, DC - May 26, 2010 - (RealEstateRama) -- The U.S. Department of Labor's Veterans' Employment and Training Service today announced a $750,000 grant competition aimed at supporting Department of Labor grantees that provide employment services to homeless veterans and veterans at risk of becoming homeless

Coldwell Banker Broker joins team of real estate professionals changing the way people search...

EUGENE, OR - May 24, 2010 - (RealEstateRama) -- IDX, Inc. is excited to announce today's addition of Jennifer Beck, of Coldwell Banker Residential, to the consistently expanding group of real estate agents and brokers who are updating their business' online presence with IDX Broker software. The customizable Internet Data Exchange (IDX) technology takes raw listing data from the Wasatch Front Regional MLS (WFRMLS) and displays it directly on Beck's own website, giving her the unique ability to combine her own listings with those in surrounding areas. This process allows potential home buyers searching for a new property to examine the real estate market as a whole, rather than see only the houses their Realtor has listed

Updated Consolidated Application Available for 2010 Housing Tax Credit Contribution (HTCC) Program

May 24, 2010 - (RealEstateRama) -- The Connecticut Housing Finance Authority (CHFA) is pleased to announce the 2010 CHFA-DECD Consolidated Application version 2.3 is now available for the HTCC Program

United Properties’ Northland Center announces lease with Avtex

MINNEAPOLIS, MN - May 24, 2010 - (RealEstateRama) -- United Properties announces that it has signed a lease with Avtex at Northland Center, formerly Northland Executive Office Center, in Bloomington, Minn. The technology company Avtex will move into its 15,000-sq.-ft. space in fall 2010 from its current location at SouthTech Plaza in Bloomington. With the new lease and other lease extensions, the latest transaction adds a new tenant to the United Properties-owned 465,000-sq.-ft. office complex and brings the occupancy to 87 percent.

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Mississippi Real Estate Investors Plead Guilty to Conspiring to Rig Bids...

Real estate investors Kevin Moore, Chad Nichols, and Terry Tolar pleaded guilty today for their roles in a conspiracy to rig bids at public real estate foreclosure auctions in Mississippi, the Department of Justice announced.