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Miami Realtors Commercial President Honored with Florida Realtors Commercial Achievement

MIAMI Association of REALTORS® (MIAMI) Commercial President José María “Chepe” Serrano was awarded the prestigious 2017 Commercial Achievement Award by the Florida Realtors® for his excellence in commercial real estate, and his dedication and commitment. Florida Realtors® awarded Serrano the honor at its 101st annual Convention & Trade Expo at Rosen Shingle Creek in Orlando.

Fla. Housing Market: More Sales, Higher Median Prices in July 2017

Just like the weather, Florida’s housing market was hot in July with more closed sales, higher median prices, increased pending sales and more new listings, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 24,546 last month, up 2 percent compared to July 2016.

Illinois home prices show solid gains in July; Sales decline

Illinois homes sold faster and for more money in July, but lower housing inventory drove year-over-year sales lower, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in July 2017 totaled 15,677 homes sold, down 4.3 percent from 16,375 in July 2016.

Durbin, Duckworth Announce More Than $6.5 Million In Federal Funding To Help At-Risk Youth...

U.S. Senators Dick Durbin (D-IL) and Tammy Duckworth (D-IL) today announced that the U.S. Department of Labor (DOL) awarded six local community colleges and non-profits in Illinois a total of $6,501,644 million through YouthBuild, a job-training and educational program for at-risk youth ages 16 to 24. 

Attorney General Becerra Responds to Department of Energy Study, Pledges to Protect Clean Energy...

California Attorney General Xavier Becerra today joined attorneys general from Massachusetts, Maryland, and New York in issuing the following statement in response to yesterday’s release of the Department of Energy (DOE) study on the U.S. electric grid

REP. LIEU URGES CALIFORNIA’S PUBLIC EMPLOYEE RETIREMENT SYSTEM TO DIVEST FROM A REAL ESTATE...

Congressman Ted W. Lieu (D | Los Angeles County) sent a letter to the California Public Employees’ Retirement System (CalPERS), urging one of the largest public pension funds in the country to take immediate action to remedy serious legal and ethical issues regarding indirect payments to the Trump Organization.

The Boulder Group Arranges Sale of Net Leased DaVita Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased DaVita property located at 111 Tarhe Trail in Upper Sandusky, Ohio for $2,400,000.

On ‘Jobs That Pay’ Tour, Governor Wolf Tours Power Home Remodeling Group in Chester

Governor Tom Wolf today visited Power Home Remodeling Group, the nation’s second largest exterior home remodeler headquartered in Chester. Established in 1992, Power provides top-of-the-line windows, siding, roofing, doors, solar and insulation for residential home projects across the U.S.

Central Ohio Housing Report – July 2017

Central Ohio housing inventory continued to increase during the month of July to 5,498, an 8.3 percent increase over June, although still down 14.1 percent from July 2016. This left central Ohio with a 2.0 months supply of inventory at the current sales pace, according to the Columbus REALTORS® Multiple Listing Service.

FEMA’s Revised Morris County Flood Maps Are Now Available

After several brief delays, the Federal Emergency Management Agency has released its long-awaited revised preliminary Flood Insurance Rate Maps (pFIRMs) for Morris County. Municipal and County officials should receive paper versions of the maps in th...

City Issues Update on Status and Path Forward for French Quarter Infrastructure Improvement Project

The City of New Orleans issued an update on the status and path forward for the French Quarter Infrastructure Improvement Project (FQIIP) which began on April 24, 2017. Due to significant rain delays, unforeseen site conditions and budget, the City has...

The Boulder Group Arranges Sale of Net Lease 7-Eleven Property

(Northbrook, IL- August 24, 2017) – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased 7-Eleven property located at 4609 Coit Road in Frisco, Texas for $5,600,000. The 7-Eleven property is located in a densely populated area with over 112,750 people living within

Hanley Investment Group Completes Sale of Shadow-Anchored Target Shopping Center in Lake Elsinore for...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm represented the buyer and seller in the sale of Oak Grove Crossing, a 22,577-square-foot shopping center shadow-anchored by Target in Riverside County, Calif. Oak Grove Crossing is located at 18283 &18285 Collier Avenue in the city of Lake Elsinore, Calif. The purchase price was $11,565,200.

SCHUMER, GILLIBRAND ANNOUNCE $500,000 IN MAIN STREET GRANT FUNDING FOR THE VILLAGE OF MONTICELLO

U.S. Senate Minority Leader Charles E. Schumer and U.S. Senator Kirsten Gillibrand today announced $500,000 in federal funding for the Village of Monticello. The funding, allocated through the U.S. Department of Housing and Urban Development’s (HUD) Main Street program, helps support affordable housing and rejuvenate older, downtown business districts while retaining the area's traditional and historic character.

New York Department of State Board of Real Estate Appraisal to Hold Meeting...

The New York Department of State will hold a public meeting on Thursday, September 28, 2017, at 1:00 p.m., regarding the real estate appraisal profession. The meeting will take place at the following locations: 99 Washington Avenue, Albany; 65 Court St...

EPA Awards Research Grant to Georgia Environmental Protection Division for Water Quality Monitoring Project

The U.S. Environmental Protection Agency (EPA) announced that Georgia Environmental Protection Division (GA EPD) will receive funding for the “Low-Cost Sensors for Real-Time Continuous Water Quality Monitoring” project.  Nationally, funding was given to research projects addressing priority environmental and human health problems in 14 states through partnerships between EPA’s research office, regional offices, and states.

Statement on the Approval of the Downtown Far Rockaway Rezoning by the City Council...

“Through this plan, Downtown Far Rockaway is finally getting the investment it deserves, with new jobs and mixed-income housing, open space and community facilities. We are proud to have collaborated with Council Member Richards and community leaders to develop a vision for a more vibrant and equitable Downtown Far Rockaway, and to now make that vision a reality.”

Massachusetts Median Home Prices Remain at the $400,000 Mark as Number of Homes for...

The Massachusetts Association of Realtors® (MAR) reported today that the median price for a single-family home hit the $400,000 mark for the second month in a row in July. Single-family homes saw a dip in sales over last year, while condominiums sales rose slightly. Inventory also reached the lowest level for the month of July since MAR began recording the data in 2004.

Rooney, Perdue View Ranchers’ Land and Water Conservation Efforts

This morning, Congressman Tom Rooney (FL-17) and U.S. Secretary of Agriculture Sonny Perdue observed critical water quality and land conservation projects during a helicopter tour over South Florida and discussed the importance of reauthorizing these programs in the upcoming Farm Bill. These water and conservation projects help Florida’s farmers and ranchers coordinate with state and federal agencies to share in the stewardship of preserving and protecting the state’s natural beauty

Workers’ Comp Scam Leads to Arrest of Miami Construction Company Owner

Chief Financial Officer Jimmy Patronis today announced the recent arrest of Juan Jose Castro, owner of JACM Construction Corp., after his alleged attempt to operate a shell company with the sole intent of circumventing the state’s workers’ compensation laws. A “shell company” is an entity that conducts no significant business operations and can be used as vehicle to conduct fraudulent financial transactions, such as workers’ compensation fraud.

Miami Realtors to Exhibit at Colombia’s Largest Real Estate Expo

The MIAMI Association of REALTORS® (MIAMI) will again promote South Florida’s lifestyle and real estate market at Colombia’s largest property showcase, El XII Gran Salón Inmobiliario – Feria Internacional, on Aug. 24-27 in Bogotá, Colombia. MIAMI will make a South Florida market presentation at the 12th annual expo, which is expected to attract 30,000 visitors and 200 exhibitors

HUD ANNOUNCES DISASTER ASSISTANCE FOR WEST VIRGINIA STORM VICTIMS

U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the State of West Virginia and provide support to homeowners and low-income renters forced from their homes due to severe storms, flooding, landslides, and...

HUD AWARDS $500,000 MAIN STREET GRANT TO MONTICELLO, NEW YORK

The U.S. Department of Housing and Urban Development (HUD) announced today that Monticello, New York in Sullivan County will receive a $500,000 grant to rehabilitate the Strong Building at 430 Broadway and build affordable housing units for low-income ...

Lawsuit Challenges Destructive Delta Tunnels Project in California

A coalition of conservation groups today sued the California Department of Water Resources over its approval of the controversial Delta tunnels project. The lawsuit was filed in Sacramento Superior Court by AquAlliance, California Sportfishing Protecti...

FERC Proposal Would Roll Back Land Use Fee Hikes for Alaska Hydropower Projects on...

U.S. Sen. Lisa Murkowski, R-Alaska, today welcomed the Federal Energy Regulatory Commission’s (FERC) proposal of a new method to calculate annual charges for hydropower projects on federal lands in Alaska. FERC is seeking comment on the use of a statewide average per-acre land value rather than a regional per-acre land value, which would reduce recent land use fee increases and help lower the cost of future projects.

Affordability Extended for Senior Citizens Living at Solemar at South Dartmouth through Refinancing of...

MassHousing has provided $17.6 million in affordable housing financing to the Claremont Companies for the refinancing of the 200-unit Solemar at South Dartmouth. The refinancing of the mixed-income senior citizen community preserves the affordability of the property’s 100 affordable units through 2034.

Governor Wolf Announces Tax Credits for Rehab and Reuse of Lancaster’s Vacant Bulova Technologies...

Governor Tom Wolf today announced that Commonwealth Cornerstone Group (CCG) has completed a $10 million New Markets Tax Credit (NMTC) financing transact ion that will support the rehabilitation of the Bulova Technologies building on Queen Street in dow...

Texas Big Game Awards Announces New Rules for 2017-18 Season

The Texas Big Game Awards program is announcing rule changes designed to better reflect the objectives of this 27 year partnership between the Texas Parks and Wildlife Department and the Texas Wildlife Association — to recognize the contributions hunters and landowners make in managing and conserving wildlife and wildlife habitat in Texas

July Market Report

Memphis-area home sales for July increased 4.5 percent from a year ago, with 1,747 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were down 7.4 percent from June when there were 1,887 total sales. Average sales price from July-to-July was down 0.7 percent, at $180,432. Inventory increased 0.8 percent, with 4,815 units listed for sale. Year-to-Date sales volume was up 12.7 percent at $1.86 billion.

Reed Announces C-S Canal Hydro to Receive REAP ‘Renewable Energy and Energy Efficiency’ Grant

Congressman Tom Reed announced that C-S Canal Hydro, LLC, in Waterloo, New York, is the recipient of a Rural Energy for America Program (REAP) Renewable Energy and Energy Efficiency grant for $99,500 for the purchase and installation of a trash rake at...

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Flatiron Partnership Unveils Seventh Annual Flatiron: Where Then Meets Now Report...

The Flatiron/23rd Street Partnership Business Improvement District (BID) today issued the seventh annual Flatiron: Where Then Meets Now report showcasing the significant development and growth of the commercial and residential sectors in the district.

August Market Report