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CONSTRUCTION EMPLOYMENT HITS TWO-YEAR HIGH IN JANUARY BUT INDUSTRY’S 17.7 PERCENT UNEMPLOYMENT RATE REMAINS DOUBLE OVERALL RATE

WASHINGTON, D.C. – February 3, 2012 – (RealEstateRama) — The construction industry added 21,000 jobs in January, as a second consecutive month of unseasonably mild winter weather helped the industry raise employment to a two-year high, according to …

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FHFA Announces Interested Investors May Pre-Qualify For REO Initiative

Washington, DC – February 1, 2012 – (RealEstateRama) — The Federal Housing Finance Agency (FHFA) today announced the first step of a Real-Estate Owned (REO) Initiative targeted to hardest-hit metropolitan areas
announced in August 2011. Investors int…

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Hanley Investment Group Sells Three Retail Centers in the Inland Empire for $8,170,000

IRVINE, CA – January 11, 2012 – (RealEstateRama) — Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that …

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CONSTRUCTION EMPLOYMENT INCREASES BY 17,000 IN DECEMBER AS INDUSTRY’S UNEMPLOYMENT RATE HITS 16 PERCENT

WASHINGTON, D.C. – January 10, 2012 – (RealEstateRama) — Construction employment increased in December by 17,000 driven by gains in nonresidential construction employment, according to an analysis of new federal employment data released today by the A…

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Christie Administration Announces $5.1 Million Municipal Investment in Special Needs Housing Initiative

TRENTON, N.J. – December 28, 2011 – (RealEstateRama) — As part of its on-going commitment to create more community-living options for people with developmental disabilities, the Christie Administration today announced 12 municipal partners of the Spec…

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The FASB Announces Public Roundtable Meeting to Solicit Input on Proposal to Improve Accounting for Investment Companies and Proposal on Investment Property Entities

Norwalk, CT – December 21, 2011 – (RealEstateRama) — The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have announced they will host a series of public roundtable meetings—including one in the Un…

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REALTORS® Identify Exterior Replacement Projects as Best Investment for Homeowners

Washington, DC – December 16, 2011 – (RealEstateRama) — When it comes to remodeling, exterior replacement projects have routinely rewarded homeowners with more bang for their buck. This year is no different, as Realtors® recently rated many exterior …

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Three of Four Major Investor Groups Increased Commercial/Multifamily Mortgage Investments During The Third Quarter

Washington, DC – December 16, 2011 – (RealEstateRama) — The level of commercial/multifamily mortgage debt outstanding was essentially unchanged in the third quarter of 2011, as three of the four major investor groups increased their holdings, accordin…

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SEC Halts Father-Son Ponzi Scheme in Utah Involving Purported Real Estate Investments

Washington, D.C. – December 16, 2011 – (RealEstateRama) — The Securities and Exchange Commission today charged a father and son in Utah with securities fraud for selling purported investments in their real estate business that turned out to be nothing…

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Senator Murray’s Statement on Drop in Veterans Homelessness

Washington D.C. – December 14, 2011 – (RealEstateRama) — Today, U.S. Senator Patty Murray, Chairman of the Senate Veterans’ Affairs Committee, issued the following statement after the Department of Veterans Affairs and the Department of Housing and …

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