Monthly Archives: October 2010

IDX solution displays Las Vegas property listings conveniently on real estate website

EUGENE, OR - October 1, 2010 - (RealEstateRama) -- DX, Inc. has revolutionized real estate agent Brett Balance supports his professional website with the customizable IDX Broker software. Now, thousands of Greater Las Vegas MLS (GLVAR) listings are seamlessly displayed on the website of Balance, thanks to the incredible IDX technology. Home seekers around Las Vegas, Nevada can now partake in one of the most comprehensive property search processes available online, on the search page Balance hosts.

Innovative IDX solution simplifies the online property search experience for agents, brokers and home...

EUGENE, OR - October 1, 2010 - (RealEstateRama) -- Real estate agent Todd Breen has joined IDX, Inc. in creating a comprehensive and complete online real estate search page, by updating his professional website with IDX Broker software. As a member of the Palm Beach Regional MLS (RMLSFL), Breen has long had access to thousands of detailed property listings. Now, his website hosts all of these properties in one place. Never before has the online home search process been easier or more effective.

Pella Corporation issues fire safety challenge to homeowners

PELLA, IO - October 1, 2010 - (RealEstateRama) -- For the price of a nine-volt battery you can significantly improve your odds of surviving a home fire. According to the U.S. Fire Administration, living in a home with an operational smoke alarm increases the chance of survival by 50 percent

Mangano: Nassau In Property Tax Crisis

Mineola, NY - September 29, 2010 - (RealEstateRama) -- As Nassau County once again achieves the dubious status of having the second highest property taxes in the United States, Nassau County Executive Ed Mangano again vowed not to implement a hefty property tax increase to close a massive deficit facing the County in 2011.

Senator Lautenberg, Rep. Pascrell Announce $8.7 Million in Federal Grants to Raise and Buyout...

WASHINGTON, DC - September 29, 2010 - (RealEstateRama) -- Continuing in their efforts to keep flood mitigation in the Passaic River Valley a top priority, U.S. Sen. Frank R. Lautenberg (D-NJ) and U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today

CB RICHARD ELLIS GROUP, INC. NAMES MITCH HARRIS TO LEAD CRITICAL ENVIRONMENTS AND TECHNOLOGY...

Los Angeles, CA - October 1, 2010 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) today announced that Mitch Harris has been appointed Director of Critical Environments within the company’s Global Facilities Management Group and head of the Technology Practice Group in the Americas.

Fannie Mae Renames Division to Multifamily Mortgage Business

WASHINGTON, DC - October 1, 2010 - (RealEstateRama) -- Fannie Mae (FNMA/OTC) today announced that its Housing and Community Development (HCD) division will now be called Multifamily Mortgage Business (MMB) or Multifamily. The new name parallels Fannie Mae's Single-Family Mortgage Business, more clearly conveys what the business does, and emphasizes the multifamily mortgage business platform.

MBA Annual Conference’s 4th General Session to Include MBA’s Brinkmann, Fannie Mae’s Duncan, Gramley...

WASHINGTON, D.C. - October 1, 2010 - (RealEstateRama) -- WHAT: Mortgage Bankers Association’s (MBA) 97th Annual Convention & Expo: Defining Solutions. Delivering Results.MBA’s Annual Convention and Expo is the premier conference for mortgage banking professionals of all sectors. It addresses key industry-related strategic issues and provides in-depth analysis concerning leadership, growth strategies and trends. Garner insight from influential industry executives as they share their views on the current market, and their projections for the future of real estate finance.

HUD CHARGES NEW YORK LANDLORD WITH DISCRIMINATING AGAINST A TENANT WITH DISABILITIES

WASHINGTON, DC - October 1, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging Heatherwood-Norwich Gate LLC, the owner and manager of an apartment complex in East Norwich, New York, with violating the Fair Housing Act for allegedly denying a resident with disabilities an accessible parking space he requested. HUD’s charge also alleges that the complex refused to modify its first-come, first-served parking policy to accommodate the resident’s request.

HUD PROVIDES RENTAL ASSISTANCE TO 4,300 PERSONS WITH DISABILITIES

WASHINGTON, DC - October 1, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today that thousands of non-elderly Americans with disabilities will receive housing assistance to enable them to access affordable housing. Public housing authorities across the U.S. will distribute approximately 4,300 rental assistance vouchers to this population.

STIMULUS, BASE REALIGNMENT, OTHER FEDERAL PROGRAMS DRIVE TOTAL CONSTRUCTION SPENDING UP 0.4 PERCENT TO...

WASHINGTON, D.C. - October 1, 2010 - (RealEstateRama) -- Total construction spending edged up 0.4 percent between July and August to $812 billion, driven by increases in public construction activity including stimulus and base realignment projects, according to an analysis of new Census Bureau data released today by the Associated General Contractors of America. Association officials cautioned, however, that private residential and nonresidential spending both continued to shrink as private-sector demand for construction remains extremely weak.

Secretary Napolitano Highlights DHS Recovery Act Projects Creating Jobs, Rebuilding Infrastructure, and Enhancing Security

Washington, D.C. - October 1, 2010 - (RealEstateRama) -- Department of Homeland Security (DHS) Secretary Janet Napolitano today marked the deadline for awarding American Recovery and Reinvestment Act (ARRA) funding by highlighting the jobs, new infrastructure, and enhanced security created as a result of the approximately $2.6 billion in ARRA funding the Department has awarded to date

Sharp Increase in Seriously Delinquent Mortgages in 100 Largest Metro Areas Suggest More Foreclosures...

Washington, DC - October 1, 2010 - (RealEstateRama) -- The Center for Housing Policy, the Local Initiatives Support Corporation (LISC) and the Urban Institute have compiled and released the first data on seriously delinquent mortgages for all 366 U.S. metro areas. “Seriously delinquent” mortgages are those that are delinquent 90 days or more or are in the foreclosure process. An analysis of these data for the nation’s 100 largest metropolitan areas reveals a 32 percent increase over a one-year period in the share of mortgages that are seriously delinquent. In March 2010, more than one in ten mortgages (10.2 percent) in the 100 largest metropolitan areas was seriously delinquent – up from one in 13 mortgages (7.7 percent) in March 2009

U.S. Green Building Council Launches the Center for Green Schools

Washington, D.C. - October 1, 2010 - (RealEstateRama) -- Today, the U.S. Green Building Council (USGBC) announces its newest initiative, The Center for Green Schools at USGBC. There are nearly 140,000 schools, colleges and universities in the United States; no one has ever counted the buildings, but thousands are barely built to code. The Center for Green Schools is how USGBC is working toward the ambitious goal of ensuring everyone has the opportunity to attend a green school within this generation

NeighborWorks Passes One Million Volunteer Hours Mark

Washington, D.C. - October 1, 2010 - (RealEstateRama) -- NeighborWorks organizations around the country helped generate more than one million volunteer hours in the last five years, building stronger, vibrant, and more connected communities. Combined through the five years, ending with September 30, 2010, volunteers partnering with NeighborWorks organizations put in more than 1.14 million hours, including more than 322,000 hours this year, the largest number reported by member organizations of the Community Building and Organizing Program (CB&O) at NeighborWorks America

New Short Sale Course Gives Realtors Additional Guidance on Federal Programs

Washington, DC - October 1, 2010 - (RealEstateRama) -- While home buyers and sellers continue to be discouraged and frustrated by the complex and lengthy short sale process, the National Association of Realtors® is making sure Realtors® have the resources and tools they need to help consumers navigate these transactions. As part of that effort, NAR has just launched the HAFA (Home Affordable Foreclosure Alternatives) Short Sales course

NAR Still Advocating Flood Insurance Reforms and a Longer Term, as 1-Year Extension Becomes...

Washington, DC - October 1, 2010 - (RealEstateRama) -- The National Association of Realtors® said today it was pleased that Congress passed and the president signed into law a one-year extension of the National Flood Insurance Program for before it expires tomorrow, but still believes a longer extension and program reforms are needed to provide fairness and continuity to the NFIP

Connecticut Real Estate Investors Association (CT REIA) Announces Quarterly Fairfield County REIA Meeting

West Hartford, CT - October 1, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with the Fairfield County Real Estate Investors Association, or FCREIA, is announcing the FCREIA quarterly meeting on Tuesday, October 5th, 2010. This meeting will take place at Westy’s Self-Storage located at 2070 Kings Highway in Fairfield, CT. This event will take place from 6:30 to 9:00 pm. This event is free for CT REIA Members, and $20 for non-members.

COLUMBIA COMMONS, NEW CONDO DEVELOPMENT IN BROOKLYN’S COLUMBIA STREET WATERFRONT DISTRICT, IS...

NEW YORK, NY - October 1, 2010 - (RealEstateRama) -- Halstead Property Development Marketing today announced that Columbia Commons, a newly constructed residential development in Brooklyn’s growing Columbia Street Waterfront District, is now just one deal away from being 50% sold just four months after sales started

NAHB Applauds Efforts to Train Lead-Safe Remodelers

WASHINGTON, D.C. - October 1, 2010 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today recognized the more than 476,000 home renovation contractors who have successfully completed the training required under the federal Lead: Renovation, Repair and Painting Rule

State Approves Colchester Tax Increment Financing District

Montpelier, VT - September 30, 2010 - (RealEstateRama) -- The state has given the Town of Colchester a green light for a Tax Increment Financing District within the Severance Corners Growth Center, a move that will assist the town’s development efforts there.

Loudoun County Offers Post-Purchase Seminar for Homebuyers October 19

Leesburg, VA - October 1, 2010 - (RealEstateRama) -- Loudoun County is pleased to announce a new free “Post-Purchase Counseling” seminar to give recent homebuyers and prospective home purchasers an opportunity to explore topics often not covered by their lender or realtor.

New law to protect homeowners, homebuyers starts Friday

Raleigh, NC - September 30, 2010 - (RealEstateRama) -- North Carolina homeowners, especially those struggling with financial problems, will have more protection from schemes that can lead to problems like foreclosure starting Friday, Attorney General Roy Cooper said today.

Governor Doyle Announces Funding for Business Development Center in Crawford County

MADISON, WI - September 30, 2010 - (RealEstateRama) -- Governor Jim Doyle today announced a $268,000 grant for Crawford County to help construct a business development center.

Schumer, Long An Advocate For Affordable Housing For Seniors, Hails Major Milestone In Improvement...

New York, NY - September 30, 2010 - (RealEstateRama) -- U.S. Senator Charles E. Schumer (D-NY) today announced a major milestone for seniors across the country as legislation he sponsored passed the Senate Banking Committee.

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families