Monthly Archives: July 2010

WASHINGTON, D.C. - July 13, 2010 - (RealEstateRama) -- With the Obama Administration and Federal Reserve this week sponsoring events that focus on how to ease regulatory burdens on the small business community that are constricting job growth, the National Association of Home Builders (NAHB) today urged policymakers to address the lack of financing for housing production that is impeding the housing and economic recovery."In normal times, housing accounts for about 17 percent of GDP," said NAHB Chairman Bob Jones, a home builder from Bloomfield Hills, Mich. "However, in the current economic climate, lenders have basically stopped making acquisition, development and construction (AD&C) loans and are calling in existing loans, even when the borrower's payments are current. Policymakers must act now to restore credit availability for viable home building projects; otherwise countless construction jobs will be lost, further jeopardizing the fragile economic recovery.

ALISO VIEJO, CA - July 12, 2010 - (RealEstateRama) -- Aliso Viejo, Calif.-based CT Realty Investors has announced that Dean P. Washle has joined the company as vice president of multi-family acquisitions. Washle will be responsible for locating, analyzing and evaluating multi-family opportunities for potential acquisition. He will also conduct market surveys, investigate local economic factors, government policy and regulations, and evaluate their effects on long-term investment potential.

EUGENE, OR - July 12, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce the newest addition joining the team of real estate professionals updating their websites, David Giovanniello and For Sale By Owner Plus Realtors. With the latest adoption of IDX Broker software, the clients of Giovanniello can now easily search through thousands of Central Penn Multi-List (CPMLS) property listings, in an effort to match each potential buyer precisely with their dream home. Harrisburg, Pennsylvania homes are now available from the convenience of the website of Giovanniello, further simplifying searching for a property online for both Realtors and home seekers.

EUGENE, OR - July 12, 2010 - (RealEstateRama) -- The latest partnership of IDX, Inc. and Maliha Castillo has made New Castle Realty Inc. and South Broward MLS listings easier than ever to search through, thanks to the IDX Broker software now enabled on the professional website of Castillo. Property listings on South Broward have long been accessible by real estate professionals, but now thousands of Pembroke Pines, Florida real estate listings are available at the click of a mouse for area home seekers. The revolutionary IDX technology Castillo has adopted on her website has simplified the online home search experience for her clients and herself.

CHICAGO , IL - July 12, 2010 - (RealEstateRama) -- The Illinois Housing Development Authority (IHDA) today announced the award of $2.8 million in grants and loans to 436 first-time homebuyers to assist in the purchase of a new home. The funds will be allocated to nine agencies for disbursement to Illinois residents to assist with down payment and closing costs, subordinate loans and homebuyer education to income-eligible homebuyers.

Washington, DC - July 12, 2010 - (RealEstateRama) -- The National Association of Realtors® and the National Housing Conference have partnered to host a regional workforce housing forum today in Minneapolis. Bring Workers Home will focus on workforce housing challenges in the Midwest and highlight some of the region’s most successful housing programs.

New York, NY - July 12, 2010 - (RealEstateRama) -- She reigns amid statuesque saguaro stands dominating the North Phoenix rolling hills landscape, a petite fireball advocating smart downsizing for prospective clients who appreciate Arizona lifestyle options emerging with momentary economic incentives. Mary knows. Multi-million dollar producer of Arizona residential real estate, Mary enthusiastically welcomes those seizing the moment to recreate their lives by investing, and occasionally expanding or downsizing, in Arizona’s magnificent Sonoran desert vistas of homes and land in North Phoenix. Mary enjoys it so much she lives there. She’s rooted her family in the community of Vistancia where daily hikes typically end work days. Privacy, tranquility and state-of-the-art residences complement exquisite environs in a neighborhood boasting conveniences “to which she’s accustomed”.

WASHINGTON, DC - July 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a new initiative that gives state and local governments, and nonprofit organizations participating in HUD's Neighborhood Stabilization Program (NSP) preference to acquire homes from the Department's inventory of foreclosed properties, commonly known as "HUD homes." The initiative was announced by HUD Secretary Shaun Donovan at the National Council of La Raza annual conference in San Antonio, Texas.

NORFOLK, VA - July 12, 2010 - (RealEstateRama) -- ForRent.com, a leading resource for apartment searches nationwide and a division of Dominion Enterprises, has announced the launch of its free iPad application. The application, which mimics a realistic apartment search experience for prospective renters, is available for download in the iTunes store today.

Bedford, MA - July 12, 2010 - (RealEstateRama) -- An independent, full-service real estate brokerage specializing in the suburbs north of Boston, MA, Clayton Realty Group was started with a vision that buying and selling real estate should be a wonderful experience, accessible to everyone and without any smoke and mirrors

Atlanta, GA - July 12, 2010 - (RealEstateRama) -- Prudential Georgia Realty is pleased to announce Realtor John Giffer has joined its sales team. John is one of dozens of experienced real estate agents who have joined Prudential in the last couple months. He joins the new Buckhead office of Prudential Georgia Realty, located at 3221 Peachtree Road, just south of the Peachtree and Piedmont Road intersection

July 12, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Terry Hale, is announcing the CT REIA July 2010 monthly Connecticut real estate investors meeting and CT REIA 7th anniversary party. This event will take place on Monday, July 19, from 5:30pm to 9:00pm, at the Crowne Plaza Hotel on 100 Berlin Road in Cromwell, CT. This event is free for CT REIA members, and $30 for non-members.

DENVER, CO - July 12, 2010 - (RealEstateRama) -- Shawn R. Tieskotter, age 37, of Greenwood Village, Colorado, and Craig D. Patterson, age 30, of Littleton, Colorado, each pled guilty before U.S. District Court Judge Robert E. Blackburn Wednesday to one count of mail fraud related to a mortgage fraud scheme. Tieskotter and Patterson were indicted by a federal grand jury in Denver on March 10, 2010. On May 20, 2010, a superseding indictment was filed. Both defendants pled guilty on July 7, 2010, and are scheduled to be sentenced by Judge Blackburn on November 12, 2010

July 12, 2010 - (RealEstateRama) -- Congresswoman Donna F. Edwards hosted two Foreclosure Prevention Workshops and Forums for residents of the 4th Congressional District. Hundreds of homeowners attended and received free consultations with housing counselors, pro bono attorneys, and bank representatives. Residents also attended workshops on predatory lending, working with your bank, and making loans affordable again.

LANSING, MI - July 12, 2010 - (RealEstateRama) -- In her weekly radio address, Governor Jennifer M. Granholm today said a new state fund will help protect thousands of people at risk of losing their homes to foreclosure.

Michigan, MI - July 12, 2010 - (RealEstateRama) -- Automobile and Home Insurance Consumer Advocate Melvin Butch Hollowell today said he is extremely disappointed by the Michigan Supreme Court's decision to allow insurers to continue using an individual's credit score in setting rates for automobile, home, and other personal lines of insurance.

EUGENE, OR - July 9, 2010 - (RealEstateRama) -- Mid Florida Regional MLS (MFRMLS) listings just got easier to search through online, thanks to the pairing up of IDX, Inc. and Boza International Realty. In an effort to make the property search on his website more thorough and efficient, Broker and owner Obel Boza has chosen to expand his online real estate presence by adopting IDX Broker software. Now, home seekers can quickly scan thousands of listings from the convenience of his website, thanks to his customized IDX solution, which brings all of the benefits of searching for a home to potential buyers without the time consuming aspects before found during the online property search

EUGENE, OR - July 9, 2010 - (RealEstateRama) -- Greg Fleischaker of Housing Associates Realtors has adopted the premier IDX Broker software from IDX, Inc. to make Louisville, Kentucky real estate listings more accessible and easier to search through on his professional website. Metro Search MLS listings are now displayed directly on the website, thanks to the unique IDX solution, which extracts raw listing data from Metro Search. Home seekers in and around Louisville can now experience the quickest and most thorough online property search, conveniently on the website of Fleischaker

July 9, 2010 - (RealEstateRama) -- The new and still-emerging face of downtown Silver Spring took on another aspect today with the long-awaited, much-anticipated grand opening of the Silver Spring Civic Building at Veterans Plaza.

Washington, DC - July 9, 2010 - (RealEstateRama) -- Congressman David Scott invites you to attend the Help For Homeowners Community Event sponsored by the US Departments of Treasury and HUD.

BOISE, ID - July 9, 2010 - (RealEstateRama) -- Tomlinson & Associates is hosting an open house to celebrate the complete refurbishment of Riverview Apartments (formerly Riverview Homes), which provides 40 units of affordable housing to Boise residents. The open house will be held from 4:30 to 7:30 p.m. Thursday, July 8 on site at the property, 1070 Leadville.

Washington, DC - July 9, 2010 - (RealEstateRama) -- U.S. Senators Blanche Lincoln and Mark Pryor today announced that Crawford-Sebastian Community Development Council, Inc. will receive a $312,500 U.S. Department of Agriculture grant to help low-income families build their own homes.

MIAMI, FL - July 9, 2010 - (RealEstateRama) -- More than 700 Miami-Dade metro area mortgage borrowers seeking to avoid foreclosure have received assistance from the Fannie Mae Mortgage Help Center in the first three months of operation. The Mortgage Help Center is a partnership between Fannie Mae (FNMA/OTC) and Neighborhood Housing Services of South Florida (NHSSF), and offers free mortgage and financial counseling to homeowners who may be in default or struggling to make monthly payments

Washington, DC - July 9, 2010 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) has found that the average total “g-fee” charged by Fannie Mae and Freddie Mac on single-family mortgages fell in 2009 relative to 2008, from 25 basis points to 22 basis points. The second annual report on Enterprise guarantee fees, Fannie Mae and Freddie Mac Single-Family Guarantee Fees in 2008 and 2009, concludes that the decline in the total guarantee fees charged by each Enterprise in 2009 resulted from significant improvement in the credit profile of the single-family mortgages they acquired relative to 2008

WASHINGTON, D.C. - July 9, 2010 - (RealEstateRama) -- A coalition of housing industry groups joined the National Association of Home Builders (NAHB) today in announcing plans to file a lawsuit against the federal Environmental Protection Agency (EPA) for removing the "opt-out" provision from its Lead: Renovation, Repair and Painting rule.

Washington, DC - July 9, 2010 - (RealEstateRama) -- Whether it’s because of the economy or by choice, millions of Americans will be staying closer to home this summer; and with warmer weather already upon us, many families will be spending their time outdoors. And even though summer has officially started, it’s not too late to get your outdoor space ready for a summer of fun at

EUGENE, OR - July 8, 2010 - (RealEstateRama) -- IDX, Inc. pleased to announce the addition of Jay Budhram of JB Realty to the growing number of real estate professionals adopting the modern and efficient new IDX Broker software to update their realty websites. The IDX, Inc partnership with Southeast Florida MLS (SEFL) allows thousands of property listings to be available on his website for all of his clients and home seekers to see and search through. Never before has finding the right home online been easier, now that Budhram has changed his real estate website to better suit Sunshine, Florida home seekers.

EUGENE, OR - July 8, 2010 - (RealEstateRama) -- Carolina real estate agent Carol Jayroe has adopted the premier IDX software available from IDX Broker to update her professional website and make the online property search monumentally easier for both brokers and buyers. Now, Coastal Carolinas MLS (CCAR) listings are available to search through on the website of Jayroe, giving potential buyers more options than ever before available during the search process online. With the addition of IDX Broker software on her website, Jayroe is giving her clients a more precise and comprehensive property search from the convenience of her website.

EUGENE, OR - July 8, 2010 - (RealEstateRama) -- Carolina real estate agent Carol Jayroe has adopted the premier IDX software available from IDX Broker to update her professional website and make the online property search monumentally easier for both brokers and buyers. Now, Coastal Carolinas MLS (CCAR) listings are available to search through on the website of Jayroe, giving potential buyers more options than ever before available during the search process online. With the addition of IDX Broker software on her website, Jayroe is giving her clients a more precise and comprehensive property search from the convenience of her website.

ORLANDO, FL - July 8, 2010 - (RealEstateRama) -- Teachers. Firefighters. Military personnel. Nurses. Police officers. The list goes on and on: Many people who provide vital services that strengthen our communities can’t afford to own a home or live where they work