Blog Page 1140

September sales and price report

LOS ANGELES, CA - October 26, 2009 - (RealEstateRama) -- Home sales increased 2.1 percent in September in California compared with the same period a year ago, while the median price of an existing home declined 7.3 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

Pulte Homes Violated State Law in Manipulating Home Sales Prices, Lawsuit Claims

San Francisco, CA - October 27, 2009 - (RealEstateRama) -- A California homeowner filed a class-action lawsuit against Pulte Homes Corporation (NYSE: PHM) claiming the company engaged in a sophisticated and integrated fraudulent scheme to artificially prop up sales and home sale prices through convoluted control of the home sale process.

Construction to Begin on Homes for Rhode Islanders with Disabilities

Warwick, RI - October 26, 2009 - (RealEstateRama) -- This morning, the House of Hope, Housing Resources Commission (HRC), U.S. Department of Housing and Urban Development (HUD), LISC, Corporation for Supportive Housing, the state Department of Mental Health, Retardation and Hospitals, and Rhode Island Housing broke ground on five new homes for Rhode Islanders with disabilities.

Suozzi Announces Transformation of Housing in Rockville Centre

Rockville Centre, NY - October 26, 2009 - (RealEstateRama) -- Nassau County Executive Thomas R. Suozzi was joined today by Legislator Joe Scannell, (D-Rockville Centre) to announce the transformation of 153 units of low-income housing authority property into newly renovated affordable rental housing in Rockville Centre.

DCA & HMFA Welcome Passaic to Live Where You Work

PASSAIC, N.J. - October 26, 2009 - (RealEstateRama) -- Passaic Mayor Dr. Alex Blanco today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) in City Hall Council Chambers, 330 Passaic Street, to announce that Passaic is the newest member of the Live Where You Work program.

DCA & HMFA Welcome Passaic to Live Where You Work

PASSAIC, N.J. - October 26, 2009 - (RealEstateRama) -- Passaic Mayor Dr. Alex Blanco today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) in City Hall Council Chambers, 330 Passaic Street, to announce that Passaic is the newest member of the Live Where You Work program.

New Jersey Receives Two National Awards for Housing Initiatives

TRENTON, N.J. - October 26, 2009 - (RealEstateRama) -- The State of New Jersey received two national awards from The Council of State Community Development Agencies (COSCDA) today for the Camden Home Improvement Program, a housing rehabilitation program in the City of Camden, and the Live Where You Work program, a statewide workforce housing initiative.

New Jersey Receives Two National Awards for Housing Initiatives

TRENTON, N.J. - October 26, 2009 - (RealEstateRama) -- The State of New Jersey received two national awards from The Council of State Community Development Agencies (COSCDA) today for the Camden Home Improvement Program, a housing rehabilitation program in the City of Camden, and the Live Where You Work program, a statewide workforce housing initiative.

Congressman Eric Massa voices support for extending first-time home owners credit

WASHINGTON, D.C. - October 26, 2009 - (RealEstateRama) -- Today Rep. Eric Massa announced his support for extending the first-time homeowners tax credit of $8,000 for new homeowners.

Congressman Eric Massa voices support for extending first-time home owners credit

WASHINGTON, D.C. - October 26, 2009 - (RealEstateRama) -- Today Rep. Eric Massa announced his support for extending the first-time homeowners tax credit of $8,000 for new homeowners.

Boccieri Announces More Than $33,000 For Stark Metropolitan Housing Authority

WASHINGTON, DC - October 26, 2009 - (RealEstateRama) -- U.S. Representative John Boccieri (D-Alliance) today announced the U.S. Department of Housing & Urban Development (HUD) awarded more than $33,000 to the Stark Metropolitan Housing Authority (SMHA).

Lance Says Now Is Time To Extend Homebuyer Tax Credit

EDISON, NJ - October 26, 2009 - (RealEstateRama) -- Today, Congressman Leonard Lance (NJ-07) joined officials from the New Jersey Association of REALTORS® (NJAR®) in support of extending the popular home buyer tax credit through 2010 and expanding it to all New Jersey home buyers.

Congressman Bill Pascrell, State Assemblyman Gary Schaer And Passaic Mayor Dr. Alex Blanco Announce...

WASHINGTON, DC - October 26, 2009 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today joined State Assemblyman Gary Schaer and Passaic Mayor Dr. Alex Blanco to announce the opening of seven new three-story units on Broadway that constitute the city’s newest affordable housing project.

November 2 Deadline for Property Tax Relief Programs Approaching

TRENTON, NJ - October 26, 2009 - (RealEstateRama) -- New Jersey homeowners and tenants are reminded that the deadline for applying for two direct property tax relief programs is only days away, with applications for the 2008 Homestead Rebate and the 2008 Property Tax Reimbursement (Senior Freeze) programs due by November 2.

Governor Bobby Jindal Announces the Appointment of Michael Burroughs to the State Board of...

BATON ROUGE, LA - October 26, 2009 - (RealEstateRama) -- Governor Bobby Jindal announced the appointment of Michael Burroughs to the State Board of Home Inspectors. The State Board of Home Inspectors serves to regulate the practice of home inspectors by examining all applicants and issuing licenses or permits to those possessing the necessary qualifications.

Governor Bobby Jindal Announces the Appointment of Michael Burroughs to the State Board of...

BATON ROUGE, LA - October 26, 2009 - (RealEstateRama) -- Governor Bobby Jindal announced the appointment of Michael Burroughs to the State Board of Home Inspectors. The State Board of Home Inspectors serves to regulate the practice of home inspectors by examining all applicants and issuing licenses or permits to those possessing the necessary qualifications.

Governor Bobby Jindal Announces the Appointment of Michael Burroughs to the State Board of...

BATON ROUGE, LA - October 26, 2009 - (RealEstateRama) -- Governor Bobby Jindal announced the appointment of Michael Burroughs to the State Board of Home Inspectors. The State Board of Home Inspectors serves to regulate the practice of home inspectors by examining all applicants and issuing licenses or permits to those possessing the necessary qualifications.

Florida Interagency Mortgage Task Force Hosts Community Forum on Housing Issues

FT. MYERS, FL - October 26, 2009 - (RealEstateRama) -- The Attorney General’s Office and the Florida Interagency Mortgage Task Force today hosted a Ft. Myers community forum to discuss the housing crisis. The event, designed to present a comprehensive approach for dealing with housing-related issues, provided community education and assistance to over 100 attendees. Participating agencies included state agencies, law enforcement, and regulatory authorities

New-Home Construction Dips in September, CBIA Announces

SACRAMENTO, CA - October 26, 2009 - (RealEstateRama) -- New-home construction dipped again in September leading California homebuilders to strengthen the call for the Legislature to extend the successful homebuyer tax credit, the California Building Industry Association announced today

C.A.R. calls for extension of federal tax credit

C.A.R. calls for swift adoption of Dodd-Lieberman-Isakson amendment to extend home buyer tax credit. LOS ANGELES, CA - October 26, 2009 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today called for the U.S. Senate to swiftly adopt the Dodd-Lieberman-Isakson amendment, which would extend and amplify the hugely successful first-time home buyer tax credit until June 30, 2010.

Rental Assistance to Help Kansas Families Secure Safe, Affordable Housing

Topeka, KS - October 26, 2009 - (RealEstateRama) -- Helping struggling families secure affordable rental housing and move towards financial self-sufficiency, Kansas Housing Resources Corporation (KHRC) has awarded $1.2 million in Tenant Based Rental Assistance (TBRA) to ten agencies statewide.

Rental Assistance to Help Kansas Families Secure Safe, Affordable Housing

Topeka, KS - October 26, 2009 - (RealEstateRama) -- Helping struggling families secure affordable rental housing and move towards financial self-sufficiency, Kansas Housing Resources Corporation (KHRC) has awarded $1.2 million in Tenant Based Rental Assistance (TBRA) to ten agencies statewide.

Rental Assistance to Help Kansas Families Secure Safe, Affordable Housing

Topeka, KS - October 26, 2009 - (RealEstateRama) -- Helping struggling families secure affordable rental housing and move towards financial self-sufficiency, Kansas Housing Resources Corporation (KHRC) has awarded $1.2 million in Tenant Based Rental Assistance (TBRA) to ten agencies statewide.

Affordable Housing Now Under Construction in Kansas City

Kansas City, KS - October 26, 2009 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) has awarded $3,765,000 in Recovery Act funds to finance the construction of 20 affordable, energy-efficient single-family homes in Kansas City, Kansas. The lease-to-own development, called House-to-Home, will be located in the historic Bethany neighborhood and is financed by the Tax Credit Assistance Program (TCAP) created by the American Recovery and Reinvestment Act (ARRA) of 2009.

$2.7 Billion Released for Home Energy Assistance

Washington D.C.) - October 26, 2009 - (RealEstateRama) -- The Department of Health and Human Services announced the release of $2.7 billion in grant funding for the Low Income Home Energy Assistance Program (LIHEAP) . The funding, which is for the remaining months of the year, will be used to help eligible families pay the costs of heating and insulating their homes this winter

$2.7 Billion Released for Home Energy Assistance

Washington D.C.) - October 26, 2009 - (RealEstateRama) -- The Department of Health and Human Services announced the release of $2.7 billion in grant funding for the Low Income Home Energy Assistance Program (LIHEAP) . The funding, which is for the remaining months of the year, will be used to help eligible families pay the costs of heating and insulating their homes this winter

Boustany Urges Safeguards to Prevent Fraud in First Time Homebuyer Tax Credit

Opening Statement of Charles Boustany, Jr. (R-LA) Ranking Member Subcommittee on Oversight Hearing on Administration of the First-Time Homebuyer Tax Credit

Illinois Home Sales Show First Increase in Over Three Years Statewide Median Price at...

SPRINGFIELD, IL - October 26, 2009 - (RealEstateRama) -- Statewide Illinois home sales increased year-over-year in the month of September for the first time since March 2006 with first-time buyers driving the rebound in sales. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in September 2009 reached 10,350 homes sold, up 3.3 percent from September 2008 sales of 10,018. The Illinois median price in September 2009 was $160,000 down 9.3 percent from $176,450 in September 2008. The median is a typical market price where half the homes sold for more, half sold for less.

Gov. Schwarzenegger Issues Statement Following Green Cities California Unveiling of Best Practices Web Site

October 26, 2009 - (RealEstateRama) -- Governor Arnold Schwarzenegger today issued the following statement after Green Cities California, the collaborative of 10 cities and counties acknowledged as sustainability leaders, launched a Web site today that will serve as a resource for other communities striving to go green

FEMA Disaster Housing Program For 2008 Floods Extended For Seven Months

Des Moines, IA - October 26, 2009 - (RealEstateRama) -- Officials of the Federal Emergency Management Agency announced today that the Direct Housing Assistance program, which was slated to end on November 27, has been extended for a period of seven months. The program will now end on June 27, 2010.

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Abraham announces $27 million in USDA Rural Development funding to support...

Congressman Ralph Abraham, M.D. R-Alto, today announced that nine projects in Louisiana’s 5th Congressional District will receive more than $27 million in combined loans and grants from the US Department of Agriculture Rural Development.

October Market Report