Monthly Archives: January 2011

RALEIGH, NC - January 17, 2011 - (RealEstateRama) -- North Carolina broke the state foreclosure filing record in 2010. And according to an analysis released today by the NC Justice Center, approximately one in every 63 housing units in North Carolina faced foreclosure filings last year

January 17, 2011 - (RealEstateRama) -- After adding a technical amendment on Monday, both the State Senate (on a vote of 21 in favor and 16 opposed) and the General Assembly (45-32) passed S-1, which would abolish the Council on Affordable Housing (COAH) and transfer its duties to the Department of Community Affairs (DCA). The bill includes further substantive and procedural reforms relating to the provision of sufficient safe and affordable housing.

WASHINGTON, D.C. - January 17, 2011 - (RealEstateRama) -- U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced the New Jersey Department of Community Affairs (DCA) will receive $936,420 in federal Housing and Urban Development (HUD) funding to help non-elderly residents with disabilities move from nursing homes to independent living

WASHINGTON, D.C. - January 17, 2011 - (RealEstateRama) -- U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced the New Jersey Department of Community Affairs (DCA) will receive $936,420 in federal Housing and Urban Development (HUD) funding to help non-elderly residents with disabilities move from nursing homes to independent living.

WASHINGTON, D.C. - January 17, 2011 - (RealEstateRama) -- Three National Association of Home Builders (NAHB) members, home builders and remodelers who are certifying their projects to the federal Department of Energy’s Builders Challenge program say that affordability, not cutting-edge technology, is key to their ability to seal the deal with home buyers.The builders spoke at press conference during the NAHB International Builders’ Show, which observed its fourth annual Green Day on Jan. 13.

EUGENE, OR - January 17, 2011 - (RealEstateRama) -- Dallas-Fort Worth real estate agent Abe Issa has partnered with IDX, Inc. to bring a revolutionary real estate website to home seekers around Texas. Now, IDX Broker syncs with the website Issa hosts to display thousands of North Texas Real Estate Info Systems (NTREIS) on the search page Issa employs. The online property search has never been easier or simpler than it currently is for potential buyers who chose to utilize the IDX enabled website of Issa.

FRANKFORT, KY - January 17, 2011 - (RealEstateRama) -- Governor Steve Beshear today announced his authorization of the immediate distribution of $27 million in federal appropriations to be allocated to the Low Income Home Energy Assistance Program (LIHEAP)

Washington D.C. - January 17, 2011 - (RealEstateRama) -- The Alaska Congressional Delegation is pleased to announce the following grants and contracts awarded to communities in the State of Alaska

WASHINGTON, D.C. - January 17, 2011 - (RealEstateRama) -- The 2011 edition of The New American Home (TNAH) features leading-edge green building technology woven seamlessly into the elegant architecture of the well-crafted house. The home has achieved “Emerald” status under the National Green Building Standard certification program.Featuring American Empire design with Greek Revival elements, the home combines an inviting layout with graceful style, eccentric interiors and easy classicism. Built in a quiet Orlando neighborhood, it offers lake views with the Orlando skyline beyond.

WASHINGTON, D.C. - January 17, 2011 - (RealEstateRama) -- Housing will see gradual improvements in activity this year as the nation’s economy and job market continue to move to higher ground, establishing momentum that will produce more considerable gains in 2012, according to economists who appeared at the NAHB International Builders’ Show in Orlando on Jan.

FULLERTON, CA - January 17, 2011 - (RealEstateRama) -- Morningside, the award-winning continuing care retirement community in Fullerton, Calif., has completed a $2 million expansion and renovation of its Lakeview Hall, lake and surrounding courtyard features. The renovation of Lakeview Hall, which serves as Morningside’s community center for major events, theatrical productions, musical entertainment and dances, doubled the hall’s original size of 4,500 to approximately 9,000 square feet

COLUMBIA, S.C. - January 17, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) invites all members of the media to attend its Year-end Housing Market press conference January 24, 2011 at 9:00 am, at the Columbia Metropolitan Convention Center.

COLUMBIA, S.C. - January 17, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its December 2010 Market Reports. The data reveals Median Sales Price of single-family homes across the state increased by 1.6 percent during the year to arrive at $157,000. Condo prices decreased by 4.8 percent to end the year at $126,000. Homes sales responded to these price changes as you might expect. Single-family home sales were down by 3.5 percent during the year, while condo sales were up by 3.4 percent

Scottsdal, AZ - January 17, 2011 - (RealEstateRama) -- There is an amazing inventory of homes for sale in Silverleaf. Silverleaf is perhaps the most prestine subdivision in all of Arizona. You can view all foreclosures and short sales for sale in Scottsdale by going to http://www.nicholasmcconnell.com then click property search. It is free MLS Access for everyone to enjoy. You can search by subdivision, city, price range, school district, foreclosures, short sales, square footage, and much more.

Las Vegas, NV - January 17, 2011 - (RealEstateRama) -- http://www.youtube.com/watch?v=IIl62k7Qyyo - The Ballen Group, a top team of Las Vegas Short Sale Specialists under the brokerage Keller Williams Realty Las Vegas has put together a comprehensive Las Vegas Short sale system for sellers. Homeowners who are facing Las Vegas foreclosure can request a Las Vegas Short Sale Agent, Henderson Short Sale Agent, or North Las Vegas Short Sale Specialist to consult with them about their needs.

Conshohocken, PA - January 17, 2011 - (RealEstateRama) -- Metro Commercial Real Estate, Inc. is pleased to announce that industry veteran Roy Perez-Daple has joined the company, where he will expand the firm’s national retailer advisory services as well as pursue strategic landlord opportunities.

NEW YORK, NY - January 17, 2011 - (RealEstateRama) -- Jones Lang LaSalle has completed two sublease deals totaling 63,000 square feet for General Re Corp. at 120 Long Ridge Road, also known as Long Ridge Corporate Center, in Stamford, Conn. The reinsurance firm subleased 56,000 square feet to Statoil and subleased 7,000 square feet to Fuel Tech Inc. for 10 years at the 310,000-square-foot, Class A office building

EUGENE, OR - January 17, 2011 - (RealEstateRama) -- Broker Associate of Century 21 Nature Coast, Greg Younger, has synced an IDX solution to his website, bringing Crystal River, Florida property listings to the easy-to-use search page his clients can access online. Citrus County MLS (CCMLS) listings are displayed and updated automatically as new listings are uploaded and prices fluctuate. Never before has such a revolutionary technology been so accessible and simple to use

Destin, FL - January 17, 2011 - (RealEstateRama) -- The best and worst housing market forecasts for 2011 have been issued by Housing Predictor, which selects the 25 best and 25 worst markets annually. Markets selected have the highest probability of reaching their forecasts, and are updated over the entire year as housing market conditions change

EUGENE, OR - January 17, 2011 - (RealEstateRama) -- IDX, Inc. has enabled IDX Broker software on the real estate website of Minnesota agent Brenton Hayden. Home seekers can now experience an online real estate solution that integrates thousands of Northstar MLS listings directly on the search page Hayden employs. Never before has it been easier or faster to scan the Northstar listings and match potential buyers with properties based on their own personalized criteria.

Denver, CO - January 17, 2011 - (RealEstateRama) -- RE/MAX, LLC will be sponsoring an 18-city concert tour to benefit Children's Miracle Network Hospitals, an organization that RE/MAX and its agents worldwide have raised more than $100 million to support since 1992. The concert features 9-year-old child prodigy, musician, composer and actor Ethan Bortnick who is rapidly becoming an international sensation.

WASHINGTON, D.C. - January 14, 2011 - (RealEstateRama) -- “Today, we heard that banks seized a record 1.05 million homes in 2010, topping the prior record from 2009. This is despite a massive slowdown in foreclosures at the end of the year due to several major banks initiating voluntary moratoria as homeowner lawsuits, news reports and Congressional hearings – like the one I chaired on November 18 – created a groundswell of public pressure demanding reform

BEVERLY HILLS, CA - January 14, 2011 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company and its partners have acquired Club Palisades, a 750-unit multifamily community in Federal Way, WA. The property is the second largest multifamily asset in the Seattle metro area and was purchased as an REO from a group of insurance companies.

ORLANDO, FL - January 14, 2011 - (RealEstateRama) -- Do you have kids currently in college, or maybe one who is about to graduate high school? Are they interested in a possible real estate-related career? Then find out more about the Student Scholarship Program offered through Florida Realtors® Education Foundation Inc., a not-for-profit corporation established to provide real estate-related educational scholarships and grants. But act fast: The application deadline for this year's program is Feb. 28, 2011.

ANCHORAGE, AK - January 14, 2011 - (RealEstateRama) -- Friday, January 14, 2011 - Standard & Poor's (S&P) Ratings Services has raised its issuer credit rating (ICR) for Alaska Housing Finance Corporation (AHFC) to AA+ from AA

WASHINGTON, D.C. - January 14, 2011 - (RealEstateRama) -- On January 12th, an affiliate of USAA Real Estate Company executed a Joint Venture Agreement with Gables Residential to develop Class-A multi-family properties at select urban infill sites as well as purchase an interest in several of Gables’ best-in-class stabilized properties. The development and acquisitions amount to over $400 million of Class-A multi-family assets

Dallas, TX - January 14, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) has appointed Michael Caffey as Senior Managing Director and Dallas/Fort Worth market leader. In that role Mr. Caffey will be responsible for overseeing all business lines for CB Richard Ellis in the North Texas market area as well as the Company’s Oklahoma affiliate operations. Mr. Caffey is currently a Managing Director in CBRE’s Dallas office. He succeeds Mark Fewin, who was named last November as Global Leader for Project Management Services

NEW YORK, N.Y. - January 14, 2011 - (RealEstateRama) -- Mortgage rates were mostly lower this week, except for the benchmark conforming 30-year fixed mortgage rate, which held at 4.94 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.38 discount and origination points.

WASHINGTON, D.C. - January 14, 2011 - (RealEstateRama) -- Green-built homes will take an increasingly large percentage of the market in direct proportion to their price – because home buyers’ prime motivation today is cost effectiveness, according to representatives from four suppliers and product manufactures who spoke today at the National Association of Home Builders International Builders’ Show in Orlando, Fla.“The key is value for every stakeholder in the process,” from the manufacturer to the builder and the home buyer, said Richard Davenport, director of sustainable construction for BASF.

WASHINGTON, D.C. - January 14, 2011 - (RealEstateRama) -- New job creation amid a slowly recovering economy is creating increased demand by new renters seeking to move into apartments. However, the lack of credit needed to finance the development of apartments is already causing rents to increase and is likely to lead to a shortage of available apartments in the next few years.“Although we are forecasting construction of 133,000 new multifamily residences in 2011,” said the National Association of Home Builders’ chief economist, David Crowe, “that is far short of the 250,000 to 300,000 units that would be required to keep supply and demand in balance