Monthly Archives: March 2010

Atlanta, GA - March 31, 2010 - (RealEstateRama) -- On March 30, 2010, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with MTB Mortgage Inc. (“MTB Mortgage”), License Number 20290, formerly located at 4566 Lawrenceville Highway, Suite 101, Lilburn, Georgia 30047, and its owner, Olamide Arowolo, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act and agency rules.The terms of the Consent Order include

Las Vegas, NV - March 31, 2010 - (RealEstateRama) -- The Division of Mortgage Lending continues to diligently enforce mortgage lending laws by disciplining four entities for various violations of the Nevada Revised Statutes.

BECKLEY, W.Va. - March 31, 2010 - (RealEstateRama) -- U.S. Rep. Nick Rahall (W.Va.) announced today that the Greenbrier County Housing Authority and the Huntington Housing Authority will receive federal funds for their Housing Choice Voucher-Family Se...

DALLAS, TX - March 30, 2010 - (RealEstateRama) -- Grubb & Ellis Apartment REIT, Inc. today announced the acquisition of Bella Ruscello Luxury Apartment Homes, a 216-unit multifamily community in the Dallas suburb of Duncanville. The acquisition closed on March 24, 2010.

CHARLOTTE, N.C., March 30 /PRNewswire-FirstCall/ — Cogdell Spencer Inc. (NYSE: CSA) announced today that it will release first quarter earnings after the market closes on Thursday, May 6, 2010.  Cogdell Spencer Inc. invites you to attend the First Quarter 2010 Conference Call on Friday, May 7, 2010 at 10:00 a.m. (Eastern Daylight Time).  

Latest series of "Opportunity Knocks” homebuyer fairs will be statewide on Saturday, April 10. BOSTON, MA - March 31, 2010 - (RealEstateRama) -- Governor Deval Patrick announced today that the latest series of free “Opportunity Knocks” regional homebuyer fairs and open houses to promote affordable homeownership opportunities in Massachusetts will be held on Saturday, April 10 across Massachusetts

Home sales up for eight consecutive months WALTHAM, MA - March 31, 2010 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that median prices of single-family homes were up 7.7 percent compared to February 2009 while condominiums were up 12.8 percent compared to the same time last year. Home sales have now increased for eight straight months and were up 14.3 percent compared to the same time last year while condominium sales were up 14.8 percent

ATLANTA, GA - March 30, 2010 - (RealEstateRama) -- Hotel Indigo, IHG's (InterContinental Hotels Group) upscale boutique brand, today announces the opening of its second property in Nashville, Tenn.

New York, NY - March 30, 2010 - (RealEstateRama) -- The Federal Reserve Bank of New York today released Bypassing the Bust: The Stability of Upstate New York’s Housing Markets during the Recession—the latest article in its series Second District Highlights.

WASHINGTON, D.C. - March 29, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced that Ohio will receive $172 million to help communities address the foreclosure crisis. The funds will come from the Help for the Hardest-Hit Housing Markets (4HM) program.

Edison, NJ - March 30, 2010 - (RealEstateRama) -- The spring home buying season is in full swing and so is spring cleaning as REALTORS® across the state prepare to showcase their inventory to prospective buyers during a nationwide Open House Weekend on April 10 and 11, 2010.

2009 Rebate Applications Now Available. March 30, 2010 - (RealEstateRama) -- Last month, Governor Edward G. Rendell announced a record number of older adults and residents with disabilities received property tax/rent rebates last year and encouraged eligible people to apply for the 2009 rebate program.

Washington, DC - March 30, 2010 - (RealEstateRama) -- U.S. Senators Blanche Lincoln and Mark Pryor and U.S. Representatives Marion Berry (AR-01), Vic Snyder (AR-02) and Mike Ross (AR-04) today announced that 17 Arkansas housing authorities will receive a total of $765,627 in U.S. Department of Housing and Urban Development (HUD) funds to hire and retain coordinators who will help individuals receiving public housing assistance secure employment. Coordinators help families and individuals acquire training and other services that assist them in finding employment or higher-paying jobs.

Washington, D.C. - March 30, 2010 - (RealEstateRama) -- Congressman Pete Visclosky today announced that the U.S. Department of Housing and Urban Development has issued grants to the Gary Housing Authority and the Housing Authority of the City of Hammond under the Housing Choice Voucher – Family Self Sufficiency (HCV-FSS) program. The funding will support initiatives to help housing voucher recipients obtain employment that will lead to their economic independence and self-sufficiency.

Free Teleseminar with Robyn Thompson. "The Queen of Rehab," is back with brand new ideas and strategies that she cannot wait to share with you. Now is the time to buy real estate. America is on sale - a 2 for 1 sale. If you want to take advantage of buying real estate at historically low prices, and you want to build a business... then be sure to attend this teleseminar.

Irvine, CA - March 30, 2010 - (RealEstateRama) -- Jamboree Housing Corporation president Laura Archuleta was honored by Neighborhood Housing Services of Orange County at the organization’s annual dinner. Archuleta was presented Neighborhood Housing Services’ “Good Neighbor Award” for her company’s commitment to building and managing quality affordable housing for Orange County working families

March 29, 2010 - (RealEstateRama) -- U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan recently announced that HUD is awarding $10 million in Recovery Act funding to the Delaware State Housing Authority (DSHA) under the second round of HUD’s Neighborhood Stabilization Program (NSP). The NSP grants are part of $2 billion awarded nationwide to local communities and nonprofit housing developers to combat the effects of vacant and abandoned homes while creating jobs. Funded through the American Recovery and Reinvestment Act of 2009, this round of NSP grants is being awarded competitively to applicants who developed the most innovative ideas to address the impact the housing crisis has had on local communities, while demonstrating that they have the capacity to be responsible stewards of taxpayer dollars

Washington, D.C. - March 29, 2010 - (RealEstateRama) -- The U.S. Treasury Department announced Monday that Oregon will be eligible for $88 million to help families living in areas that have been hit hardest by the housing crisis to stay in their homes.

Washington, D.C. - March 29, 2010 - (RealEstateRama) -- Today, Rep. Betty Sutton (D-OH) announced that Ohio will receive $172 million for housing assistance through the second round of federal Housing Finance Agency Hardest Hit Funds from the U.S. Treasury.

Washington, D.C. - March 29, 2010 - (RealEstateRama) -- Congresswoman Carol Shea-Porter today announced that the New Hampshire Housing Finance Authority, Dover Housing Authority, Manchester Housing and Redevelopment Authority, and Laconia Housing and Redevelopment Authority

Latham, NY - March 29, 2010 - (RealEstateRama) -- On March 25 the New York Public Service Commission approved more than $279 million over a five-year period for customer- sited renewable energy projects as part of the state’s Renewable Portfolio Standard (RPS) program.

WASHINGTON, DC - March 29, 2010 - (RealEstateRama) -- Today U.S. Rep. John Spratt (D-SC) announced that South Carolina will be eligible to receive as much as $138 million in targeted federal assistance for states that are disproportionately affected by the economic downturn and a decline in housing values.

BISMARCK, ND - March 29, 2010 - (RealEstateRama) -- The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has selected seven projects for a demonstration program.

BISMARCK, ND - March 29, 2010 - (RealEstateRama) -- The Industrial Commission of North Dakota has approved the distribution of nearly $450,000 in grants to nonprofit organizations statewide through the North Dakota Housing Finance Agency’s (NDHFA) Helping Housing Across North Dakota (Helping HAND) program.

WASHINGTON, DC - March 29, 2010 - (RealEstateRama) -- At the request of U.S. Senators Jack Reed (D-RI) and Sheldon Whitehouse (D-RI), the Obama Administration today announced they are expanding their “Hardest Hit” federal housing aid program to Rhode Island, providing an additional $43 million in foreclosure prevention funding throughout the state.

March 29, 2010 - (RealEstateRama) -- As part of the City of Long Beach's effort to create and implement strategies to reduce total energy use, improve energy efficiency in buildings and reduce fossil fuel emissions, the City is launching a Residential Energy Efficiency Rebate Program. This program will be administered by the Department of Development Services and will be available beginning Monday, April 19, 2010 to applicants who install qualifying energy efficient products such as Energy Star rated solar hot water-heaters, tank-less water-heaters, windows, doors, skylights and roofs.

Jefferson City, MO - March 29, 2010 - (RealEstateRama) -- Attorney General Chris Koster said today his office has obtained judgments against two foreclosure rescue companies who allegedly took money from distraught homeowners and failed to provide promised services.

New York, NY - March 29, 2010 - (RealEstateRama) -- With no sign of a new contract, apartment building workers in Queens will vote Tuesday on empowering their bargaining committee with the authority to call a strike. Failure to reach a new contract by April 20, 2010 could lead to a strike of 3,500 apartment building workers at more than 550 buildings throughout Queens.

BEDFORD, N.H. - March 29, 2010 - (RealEstateRama) -- New Hampshire Housing Finance Authority recently named its 2009 top 10 loan originators.

ALBANY, NY - March 28, 2010 - (RealEstateRama) -- Governor David A. Paterson today called on Legislative Leaders to consider his property tax cap proposal as part of budget negotiations.