Monthly Archives: May 2010

Atlanta, GA - May 18, 2010 - (RealEstateRama) -- A new book for and about REALTORS®, All In A Day's Work for Real Estate Agents: Humorous & Heartwarming Stories(by TC McClenning, Work Like A Dog Books, copyright 2009, $14.95), has been named one of three finalists in the humor/comedy/satire category of the prestigious 2010 Ben Franklin Awards for Independent Publishing.

New York, NY - May 18, 2010 - (RealEstateRama) -- West 147th Associates LLC and Halstead Property Development Marketing today announced that PS90, a new development in Harlem, has been approved by the Federal Housing Administration’s mortgage program.

MILWAUKEE, WI - May 18, 2010 - (RealEstateRama) -- The Wisconsin Housing and Economic Development Authority (WHEDA®) and Red Brown Kle′ Marketing Communications (RBK) have come together, once more to promote homeownership in Wisconsin – this time with the WHEDA Advantage home loan. This new mortgage product is the only option in the state which provides a unique combination of features designed expressly for first-time home buyers such as: lower cash to close (as little as $1,000), reduced fees (no private mortgage insurance needed) and job loss mortgage protection, just to name a few.

ALBANY, NY - May 18, 2010 - (RealEstateRama) -- Secretary of State Lorraine Cortés-Vázquez today announced that since the start of 2010 the Department of State has taken dozens of actions against dishonest licensed real estate professionals, leading to numerous revocations, suspensions and fines.

Houston, TX - May 18, 2010 - (RealEstateRama) -- Smile Design Studios has leased 1,750 square feet at Colony Lakes Shopping Center, which is located at 6130 Highway 6 South in Missouri City. Russell Janicek, Alex Makris and Jazz Hamilton of CB Richard Ellis represented the landlord, Colony Lakes Center, Ltd, in the transaction. Susan J. Rinyu of Susan J. Rinyu Interest represented the tenant.

New York, NY - May 18, 2010 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York,

EUGENE, OR - May 18, 2010 - (RealEstateRama) -- Coldwell Banker Select Professionals' Steve Bickford has teamed up with IDX, Inc. to employ a new and unique online home search experience for his buyers. The personalized IDX (Internet Data Exchange) technology that is now integrated on Bickford's website now partners with the Central Penn Multi-List (CPMLS) to deliver the multitude of diverse listings to the fingertips of home seekers in the Central Pennsylvania area who are searching for their property online. Finding the perfect home in the Harrisburg area is now easier than ever, thanks to the search tools on Bickford's professional website. IDX Broker software has eliminated the hassle and stress real estate websites used to cause potential home buyers by making the process simple for both real estate professionals and buyers.

May 18, 2010 - (RealEstateRama) -- The City of Hartford will conduct a live public auction to sell city-owned properties on Thursday, May 27th at 6:30 PM. The auction will be held in the Atrium at City Hall, 550 Main Street, in Downtown Hartford. Bidder registration will begin at 5:30 PM. The auction is open to the public, and there is no cost to register as a bidder

May 18, 2010 - (RealEstateRama) -- Superintendent Will Lund from the Bureau of Consumer Credit Protection announced on Tuesday that Maine will make it easier and more efficient for mortgage lenders to apply for and manage their licenses by joining the Nationwide Mortgage Licensing System (NMLS). The change will also protect Maine consumers by increasing oversight of the mortgage activities of loan originators in other states.

Administration to work with Congress on Third Round of Neighborhood Stabilization Program, additional foreclosure prevention counseling dollars. WASHINGTON, DC - May 18, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today that the Obama Administration will work with Congress to find ways to help state and local governments more effectively combat the ongoing effects of the housing crisis and home foreclosures through additional funding for the Department’s Neighborhood Stabilization Program (NSP) and foreclosure prevention counseling. Donovan made the announcement today at a roundtable with Washington, D.C.-based reporters sponsored by the Christian Science Monitor.

NASHVILLE, TN - May 17, 2010 - (RealEstateRama) -- More than $100 million in federal assistance has been approved for the survivors of Tennessee’s record-setting storms and flooding, just two weeks after President Obama declared a federal disaster.

IRVINE, CA - May 18, 2010 - (RealEstateRama) -- RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, today announced the hiring of technology and Internet veteran Jesse Gant. In his role as Vice President of Product and User Experience, Gant will lead a team to develop a product plan and vision, leveraging the company’s innovative applications and capabilities, to drive membership and revenue growth.

MORRIS PLAINS, N.J. - May 18, 2010 - (RealEstateRama) -- Much attention was paid to the now expired tax credit and the unique opportunity it presented for homebuyers, and rightfully so.

Washington, DC - May 18, 2010 - (RealEstateRama) -- First quarter 2010 commercial and multifamily mortgage loan originations were 12 percent higher than during the same period last year and 26 percent lower than during the fourth quarter of 2009, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

Des Plaines, IL - May 18, 2010 - (RealEstateRama) -- According to the National Association of Realtors (NAR), existing-home sales jumped 6.8 percent in March after three straight months of declines, with first-time homebuyers accounting for 44 percent of existing-home purchases. In preparing to finalize their purchase, these new homeowners will be forced to learn what might seem like a confusing language.

LĪHU'E, HI - May 18, 2010 - (RealEstateRama) -- The County Auditor’s office recently released a report on the overall management of contracts and construction projects by the Building Division of the Department of Public Works.

May 18, 2010 - (RealEstateRama) -- Long Beach residents can learn how federal Housing and Urban Development money is spent in their neighborhood by attending the Anaheim Street Community Police Center's monthly meeting on Tuesday, May 18, from 5:00 to 6:30 pm at the Mark Twain Neighborhood Library Community Room, 1401 E. Anaheim St.

Washington, D.C. - May 18, 2010 - (RealEstateRama) -- The U.S. Department of Agriculture (USDA) has announced a $330,000 grant to Campesinos sin Fronteras to provide technical assistance for homeowner-assisted housing renovations in the Yuma area. The money comes through Rural Development, a part of the department that focuses on infrastructure in rural areas

LANSING, MI - May 18, 2010 - (RealEstateRama) -- The Michigan State Housing Development Authority (MSHDA) recently announced that Executive Director Keith Molin and Public Policy and Market Research Director Gary Heidel both were awarded high honors within the affordable housing and community development industry. Molin and Heidel were cited with their awards at the 2010 Michigan Conference on Affordable Housing. This year the conference theme was Rebuilding Michigan Together and the awards received commemorate that theme.

SPRINGFIELD, IL - May 18, 2010 - (RealEstateRama) -- May 17, 2010. Governor Pat Quinn today announced the availability of $13.1 million in federal stimulus funds through the Energy Efficiency and Conservation Block Grant (EECBG) program to help local governments with populations under 35,000 implement energy efficiency and conservation efforts

Washington, D.C. - May 18, 2010 - (RealEstateRama) -- Today, Bill Askew, Senior Policy Advisor, for the Financial Services Roundtable testified before the House Financial Services Committee’s Subcommittee on Oversight and Investigations. The hearing was titled “Commercial Real Estate: A Chicago Perspective on Current Market Challenges and Possible Responses.”

Washington, DC - May 18, 2010 - (RealEstateRama) -- The National Low Income Housing Coalition (NLIHC) was honored by the Mississippi Center for Justice at the 2010 Mississippi on the Potomac Reception on Tuesday, May 11. Reilly Morse, Senior Attorney at the Mississippi Center for Justice, presented NLIHC with the award.

Washington, DC - May 18, 2010 - (RealEstateRama) --Today, the Treasury Department released figures for the Home Affordable Modification Program (HAMP) through April of this year. The numbers show that roughly 300,000 borrowers have received a permanent modification under the program. Meanwhile, foreclosure filings continue at a rate above 300,000 for the 14th straight month, according to Realty Trac

WASHINGTON, D.C. - May 18, 2010 - (RealEstateRama) -- A joint venture of LCOR and USAA Real Estate Company today broke ground for a new office building to be occupied by the U.S. Nuclear Regulatory Commission (NRC) adjacent to the White Flint Metrorail station in North Bethesda

Chicago, IL - May 18, 2010 - (RealEstateRama) -- The commercial real estate market is experiencing its worst liquidity challenge in almost 20 years, and it is vital that Congress take action to prevent a deepening crisis, the National Association of Realtors® said in testimony to the U.S. House of Representatives Subcommittee on Oversight and Investigations today

WASHINGTON, D.C. - May 18, 2010 - (RealEstateRama) -- Fifteen builders, remodelers and other home building industry professionals were honored last night at a gala dinner by the National Association of Home Builders (NAHB) at the 12th annual NAHB National Green Building Conference in Raleigh, N.C.

WASHINGTON, DC - May 17, 2010 - (RealEstateRama) -- Agriculture Under Secretary for Rural Development Dallas Tonsager today announced that USDA is accepting applications for a demonstration program to simplify the loan guarantee process for the construction and operation of affordable, rural multi-family dwellings.

Washington, DC - May 17, 2010 - (RealEstateRama) -- The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the names of five organizations which will receive federal grants under the first round of the Financial Education and Counseling (FEC) Pilot Program.

New York, NY - May 17, 2010 - (RealEstateRama) -- Halstead Property Development Marketing, TNS Development Group Ltd., and Great American Construction Corp. today announced the topping-off of The Shelton, a newly constructed 14-story affordable cooperative development located at 775 Lafayette Avenue between Throop Avenue and Marcus Garvey Boulevard, in the Bedford Stuyvesant neighborhood of Brooklyn.

May 17, 2010 - (RealEstateRama) -- What: Because Arizona has one of the highest concentrations of real estate agents with the CDPE (Certified Distressed Property Expert) designation in the nation, it will be hosting the upcoming national CDPE Momentum 2010 three-day conference from May 20-22, 2010. This event is open to real estate professionals only.