Monthly Archives: January 2011

ZipRealty Announces Bold Changes to Focus on Core Strengths in Technology, Online Marketing and...

EMERYVILLE, CA - January 12, 2011 - (RealEstateRama) -- ZipRealty, Inc. (NASDAQ: ZIPR) announced today a series of changes to enhance the Company’s focus on core strengths in technology, online marketing and its most attractive local real estate markets. The restructuring and organizational changes are expected to position ZipRealty to achieve positive cash flow in 2011 and provide a solid platform for long-term growth.

HOME LISTINGS SEE MORE THAN TWO REDUCTIONS ON AVERAGE AS SELLERS SLASH PRICES, ACCORDING...

EMERYVILLE, CA - January 12, 2011 - (RealEstateRama) -- The number of price-reduced homes on the market this December remained at high levels compared to 2009, rising 23.4 percent according to a report surveying 26 US markets issued by national real estate brokerage, ZipRealty (www.ziprealty.com; NASDAQ: ZIPR)

Freddie Mac Announces K-010 Offering of K Certificates

McLean, VA - January 12, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today announced a new offering of Structured Pass-Through Certificates ("K Certificates"), multifamily mortgage-backed securities. The company expects to offer approximately $1 billion in K Certificates ("K-010 Certificates"), which are expected to price the week of January 17, 2011 and settle on or about February 10, 2011.

New Michigan Product Saves in Costly Basement Repairs

Novi, MI - January 12, 2011 - (RealEstateRama) -- Mr. Sponge Waterproofing, Inc., of Novi Michigan released their new patent pending product for consumers that saves in costly basement repairs. The new "TRX Compressed Swell Plug," is designed for consumers or property maintenance personnel to repair leaking rod holes. Rod Holes are the most common leak in poured concrete walls with an average contractor repair cost of $125.00 for one hole.

U.S. Green Building Council Announces Recipients of 2010 LEED for Homes Awards

Washington, DC - January 12, 2011 - (RealEstateRama) -- The U.S. Green Building Council (USGBC) has named the recipients of its 2010 LEED for Homes Awards, recognizing projects, developers and home builders who have demonstrated leadership in the residential building marketplace. The awards were presented during the Residential Summit on Thursday, Nov. 18, during the 2010 Greenbuild International Conference & Expo held in Chicago, Ill. The 2010 award categories recognize innovative multi and single family projects, production builders, affordable housing projects and developers, an overall commitment to LEED for Homes, and Project of the Year.

Mortgage Refinance Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - January 12, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending January 7, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 2.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 47.5 percent compared with the previous week, which included the New Year’s holiday

Beautiful southwestern homes displayed on IDX synced real estate website

EUGENE, OR - January 12, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to announce Michael D'Alfonso's addition of a customized IDX solution to his Santa Fe, New Mexico based real estate website. The IDX Broker software now on D'Alfonso's page extrac...

MBA Files Suit to Overturn Labor Department’s Interpretation on Overtime for Loan Officers

WASHINGTON, D.C. - January 12, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today filed suit against the U.S. Department of Labor (DOL) in the United States District Court for the District of Columbia under the Administrative Procedure Act (APA).

OPWDD Awarded HUD Funds to Help People, Families to Find and Keep Housing

ALBANY, NY - January 11, 2011 - (RealEstateRama) -- The New York State Office for People With Developmental Disabilities (OPWDD) has been awarded nearly $120,000 in housing counseling grants that will assist the agency to help individuals and families not only find housing, but will also offer them greater opportunities to keep their homes through counseling and training and to avoid loan modification scammers that are targeting millions of vulnerable populations.

Norfolk Sponsors Project Homeless Connect

Norfolk, VA - January 11, 2011 - (RealEstateRama) -- The City of Norfolk will sponsor its tenth Project Homeless Connect, a one-day, mega service event where homeless adults, especially those staying on the streets, can connect to vital resources and services, on Wednesday, January 12, 2011 at 8:30 am at the Scope Exhibition Hall. Mayor Paul D. Fraim will address the volunteers and provider organizations at 8 am

Rebuilding of Rhode Island Water Treatment Plants to use Green Technology to Reap Energy...

Boston, MA - January 11, 2011 - (RealEstateRama) -- Senior federal and state elected and environmental officials announced efforts to rebuild Rhode Island water treatment plants that were irreparably damaged last spring during devastating floods, with new treatment equipment to include state-of-the-art energy efficient and green technologies.

Council of State Community Development Agencies Elects Gordon Walker as New President

WASHINGTON, DC - January 11, 2011 - (RealEstateRama) -- The Council of State Community Development Agencies (COSCDA) today announced that it has elected Gordon Walker as its new President. Walker, Director of the Utah Division of Housing and Community Development, will succeed Rick Ballard, Director, Office of Community Development, Michigan State Housing Development.Walker brings extensive management and public service experience to COSCDA, the premier national association advocating and enhancing the leadership role of states in community development through innovative policy development and implementation, customer-driven technical assistance, education, and collaborative efforts

Markey Secures $1.6 Billion in Additional Home Heating Funds

WASHINGTON, DC - January 11, 2011 - (RealEstateRama) -- Representative Edward J. Markey (D-Malden), a longtime champion of the Low-Income Home Energy Assistance Program (LIHEAP), today announced that the Department of Health and Human Services will release $1.6 billion in additional funding to states for the critical home-heating program through March 4. The release of these additional funds will allow for states to receive virtually the same level of funding as in FY 2010. Massachusetts will receive more than $173 million during that time period. The LIHEAP funding comes as a result of the recently passed Continuing Resolution that will keep the federal government funded for the next 7 weeks

NeighborWorks Receives More Than $7 Million in Latest Round of HUD Counseling and Training...

WASHINGTON, DC - January 11, 2011 - (RealEstateRama) -- NeighborWorks America and members of the NeighborWorks network were recently awarded more than $7 million from the U.S. Department of Housing and Urban Development (HUD) as part of the department’s grants to support housing counseling and housing counselor training

Realtor® Volunteer and Mentor Program Seeks Nominations

Washington, DC - January 11, 2011 - (RealEstateRama) -- REALTOR® Magazine’s Good Neighbor Society is seeking entries for Volunteering Works, a program that matches Realtors® who would like to expand their community service outreach with a mentor who is already a successful volunteer leader.

Associated Management, Inc. and Communities Nominated for CAI Nevada Yearly Awards

Las Vegas, NV - January 11, 2011 - (RealEstateRama) -- Associated Management Inc., an Associa company, is proud to announce that the Nevada Chapter of the Community Association Institute (CAI) has listed AMI as a finalist for Large Community Management Company of the Year.

M&C Association Management Services Announces CMCA Designation

Stockton, CA - January 11, 2011 - (RealEstateRama) -- M & C Association Management Services Inc., an Associa company, is proud to announce that Assistant Community Manager Mica Acosta-Polina recently earned her Certified Manager of Community Associations (CMCA) designation from the National Board of Certification for Community Association Managers (NBC-CAM)

Legum & Norman, Mid-West Adds Wolfram Towers to Client Portfolio

Chicago, IL - January 11, 2011 - (RealEstateRama) -- Legum and Norman (L&N), Mid-West, an Associa company, is pleased to announce the addition of Wolfram Towers to its client portfolio

Real Estate Deal Or No Deal Workshop

West Hartford, CT - January 11, 2011 - (RealEstateRama) -- This is a Free CT REIA Members Only Event. Not a CTREIA Member? Learn how to become one a

Industry Veteran Jim Slaught Joins Lee & Associates Central Coast’s Santa Barbara Office

Torrance, CA - January 11, 2011 - (RealEstateRama) -- Jim Slaught, an investment specialist with more than 20 years experience acquiring, developing, brokering, leasing and managing shopping centers and other commercial real estate assets throughout California, has joined Lee & Associates Central Coast as principal.

The Myers Team Named Top Nevada Short Sale Realtors in 2010

Las Vegas, NV - January 11, 2011 - (RealEstateRama) -- A recent report released by IMS Advanced Realty Data Services on January 10, 2011 named The Myers Team the #1 Short Sale Real Estate Team in Nevada. Number one status was determined by actual short sale listings closed in 2010.

Total Mortgage Identifies Key Trends in the Mortgage Marketplace in 2011

MILFORD, CT - January 11, 2011 - (RealEstateRama) -- Total Mortgage Services, LLC, a leading national mortgage lender featuring some of the lowest mortgage rates available, today highlighted five key trends likely to impact the mortgage industry and housing market in 2011.

Jones Lang LaSalle Reports Long Island Office Market Continued to See Some Softening in...

NEW YORK, NY - January 11, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced the Long Island office market continued to experience a slight softening throughout 2010. With numerous leasing opportunities available, space users showed heavy interest in top-quality spaces throughout Long Island, helping to fuel a rise in availabilities among Class B properties

MAMCO Properties Achieve Gold Star Status

Mt. Laurel, NJ - January 11, 2011 - (RealEstateRama) -- MAMCO Property Management, an Associa company, is proud to announce that Woodlake Condominium Association and Birchfield CSA have been named Community Associations Institute (CAI) Gold Star communities

Richard Brodkin makes The Brodkin Group website even more convenient for his clients with...

EUGENE, OR - January 11, 2011 - (RealEstateRama) -- Richard Brodkin and IDX, Inc. have come together to provide outstanding service to the clients of The Brodkin Group at RE/MAX Benchmark in Las Vegas, Nevada. On his IDX-enabled website, Brodkin brings area listings to buyers with ease and simplicity in one of the most exciting cities in the world. MLS listed properties are now synced to a search option on The Brodkin Group homepage, creating a comprehensive and dynamic online database of local listings

Housing Predictor Releases New 2011 Forecasts

Destin, FL - January 11, 2011 - (RealEstateRama) -- Housing Predictor, the online real estate forecast company, is releasing its annual housing market forecasts for 2011. The firm issues more than 230 local housing market forecasts in all 50 U.S. states, and updates them throughout the year as local market conditions warrant.

IDX solution allows Florida agent to manage her real estate business from the beaches...

EUGENE, OR - January 11, 2011 - (RealEstateRama) -- Southwest Florida real estate agent Marge O'Brien, of Downing- Frye Realty Inc., has adopted IDX Inc.'s premier IDX Broker software, giving her professional website an easy and efficient solution for helping home seekers find the right property in Naples. As a member of the Naples MLS O'Brien has long had access to thousands of property listings from around the area. Now, these detailed Naples MLS listings can be viewed by anyone from the convenience of O'Brien's website. The recent addition of IDX Broker to her page has made it easier for O'Brien to manage her online business and made it simpler for her clients to find the homes of their dreams

Rental Resurgence: Owners of Vacation Rentals Optimistic About Their Rental Business in 2011, According...

AUSTIN, TX - January 11, 2011 - (RealEstateRama) -- As leisure travel continues to rebound, owners of vacation rentals are expressing optimism about their bookings in 2011. In fact, HomeAway®, Inc. – the world’s leading online vacation rental marketplace – finds in its latest “HomeAway Vacation Rental Marketplace Report” that eight of 10 vacation rental owners anticipate their rental business this year will be stronger or about the same as it was in 2010.

Branch Program Provides Opportunities for Mortgage Firms Near Military Bases

COLUMBIA, MO - January 10, 2011 - (RealEstateRama) -- Smaller mortgage firms and independent brokers that work with military families are able to take advantage of a new program offered by nation’s leading dedicated VA lender for home purchases.

Sen. Tassoni plans hearing on homelessness

STATE HOUSE, Providence, RI - January 10, 2011 - (RealEstateRama) -- Senator John J. Tassoni, Jr. was reappointed Chairman of the Senate Committee on Housing yesterday, and immediately called a meeting of the Committee for next Tuesday to address the issue of homelessness in Rhode Island

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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