Monthly Archives: March 2011

Destin, FL - March 2, 2011 - (RealEstateRama) -- The erosion of the syndrome known as the “Wealth Effect” is showing that fall out from the housing slump is having a major lingering impact on the U.S. economy, according to Housing Predictor analysts

NEW YORK, NY - March 1, 2011 - (RealEstateRama) -- Jones Lang LaSalle has been selected by William Macklowe Company and ING Clarion Partners as exclusive leasing agent for 636 Avenue of the Americas. Jones Lang LaSalle will be responsible for leasing and marketing efforts at the 90,000-square-foot, Class A office building recently acquired by a joint venture between WMC and ING Clarion.

SALT LAKE CITY, UT - March 1, 2011 - (RealEstateRama) -- Due to federal budget cuts to the Low Income Home Energy Assistance Program (LIHEAP), Home Energy Assistance Target (HEAT) applicants will receive lower average payments beginning March 2, 2011.

WASHINGTON, DC - March 1, 2011 - (RealEstateRama) -- Rep. Scott Garrett (R-NJ), Chairman of the House Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, delivered the following opening statement today at a hearing to examine the Obama administration report on mortgage finance reform:

March 1, 2011 - March 1, 2011 - (RealEstateRama) -- U.S. Congresswoman Shelley Berkley (NV) and U.S. Congressman Dennis Cardoza (CA) today announced they would co-chair the Democratic Caucus Housing Stabilization Task Force in the 112th Congress. The two Members of Congress represent regions of the country – Las Vegas and California's Central Valley – that have been ground zero for the housing crisis. The Task Force was first created in 2010 under the leadership of Berkley and Cardoza. This Congress, members of the task force will continue focusing on solutions to the nation's residential housing crisis.

Washington, D.C. - March 1, 2011 - (RealEstateRama) -- The Independent Community Bankers of America (ICBA) told Congress today in a written statement that Main Street community banks need a financially strong, impartial secondary market that provides equitable access and pricing to all lenders regardless of size or volume. ICBA also outlined its own proposal for secondary mortgage market reform.

AUSTIN, TX - March 1, 2011 - (RealEstateRama) -- HomeAway ®, Inc. – the world’s leading network of online vacation rentals – today introduced Community from HomeAway, a site for vacation rental owners and managers to share expertise and opinions, and access blogs and resources to optimize their vacation rental businesses

March 1, 2011 - (RealEstateRama) -- Attorney General Sam Olens applauded today’s action by the House Judiciary (Non-Civil) Committee to recommend “Do Pass” on HB 237. HB 237, introduced by Representative Rich Golick, would prohibit misstatements with the intent to defraud during the foreclosure process. The bill would also give law enforcement, including the Attorney General, sufficient authority to investigate and prosecute violations

SACRAMENTO, CA - March 1, 2011 - (RealEstateRama) -- California homebuilders pulled permits for fewer new homes in January when compared to the same month a year earlier, the California Building Industry Association announced today.

WASHINGTON, D.C. - March 1, 2011 - (RealEstateRama) -- In the wake of in the House of Representatives’ passage last week of H.R. 1, the Full-Year Continuing Appropriations Act of 2011, housing and community development advocates continue their push for funding for communities with a letter to Senate leadership.

McLean, VA - March 1, 2011 - (RealEstateRama) -- Freddie Mac (OTC:FMCC) announced today the results of its fourth quarter Conventional Mortgage Home Price Index (CMHPI).

McLean, VA - March 1, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today issued the company's Monthly Volume Summary for January 2011.

EUGENE, OR - March 1, 2011 - (RealEstateRama) -- Realtor Jeffrey King of Coldwell Banker Wallace & Wallace has opted to integrate the premier IDX technology, IDX Broker software, for his professional real estate website. Now, thousands of Knoxville MLS (KAARMLS) listings are displayed conveniently on the search page that he hosts. King has chosen an IDX solution for his website, and in the process he has changed the online real estate market for himself, his business and countless potential Knoxville buyers.

EUGENE, OR - March 1, 2011 - (RealEstateRama) -- IDX, Inc. welcomes Andrew Twito to the growing network of agents and brokers dedicated to serving their clients by adopting the dynamic IDX Broker software for their professional websites. With the search tools Twito has synced to his website with his IDX solution, the online property search is easier than ever for home seekers. Northstar MLS listings are seamlessly displayed on Twito's Atlus Real Estate website, giving potential buyers thousands of listings to search

MILFORD, CT - March 1, 2011 - (RealEstateRama) -- Total Mortgage Services, LLC, a leading mortgage lender, announced today the promotion of Erik Martin as the company’s National Sales Manager of its retail channel. Mr. Martin brings to this newly-created position 15 years of production, underwriting and operational management experience within the mortgage industry.

WASHINGTON, DC - March 1, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $40.8 million to 108 fair housing organizations and non-profit agencies in 36 states and the District of Columbia to educate the public and combat housing and lending discrimination (see attached list of grantees). This year’s award represents a $13.2 million increase over last year’s award and includes $10 million to fund activities that address lending discrimination, including mortgage rescue scams

San Marcos, CA - March 1, 2011 - (RealEstateRama) -- Work has completed on the new, $37 million, Multidisciplinary Building constructed by C.W. Driver on the campus of Palomar College in San Marcos, Calif. The 111,000 SF, three-story structure in the San Diego County town took 25 months to complete. C.W. Driver, a premier builder of higher education facilities in the Western U.S. since 1919, managed the project from preconstruction through commissioning for the Palomar Community College District

WASHINGTON, DC - March 1, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to Parkview Community Hospital Medical Center in Riverside, California. The $29 million loan is made possible through the Section 223(f) component of the Federal Housing Administration’s (FHA) Section 242 Hospital Mortgage Insurance Program.

Las Vegas, NV - March 1, 2011 - (RealEstateRama) -- Toni Braxon’s Las Vegas home recently sold as a foreclosure, according to Clark County Records. Toni Braxton, a six-time Grammy winner and her husband Keirston Lewis purchased their Las Vegas home in Henderson, Nevada, for $2.6 million three years ago. Their home was recently foreclosed upon and sold as a bank owned property on September 17, 2010 for $1,060,000.

Upper Marlboro, MD - March 1, 2011 - (RealEstateRama) -- Today, Michelle Desiderio, director of green building programs at the NAHB Research Center, will join a distinguished line-up of industry experts in Orlando, Fla., to present a session at this year's RESNET Building Performance Conference, the premier national forum on home energy ratings, residential energy efficiency financing, and building performance business development.

EAST WINDSOR, NJ - March 1, 2011 - (RealEstateRama) -- Metro Commercial, the region’s premiere full-service retail real estate firm, announced today that as part of their exclusive representation of Windsor Hights Shopping Center, it has completed an 12,500-square-foot lease transaction for Party Fair

FREEHOLD, N.J. - March 1, 2011 - (RealEstateRama) -- Active-adult buyers are invited to experience the Luck of the Irish during a special St. Patrick’s Day Weekend event on Saturday and Sunday, March 12th and 13th when Lennar, one of the nation’s largest and most respected home builders, will offer outstanding opportunities to save big amounts of “Green” at any of its three Greenbriar residential communities located in New Jersey.

PALOS VERDES, CA - March 1, 2011 - (RealEstateRama) -- In this tough economy everyone is watching their spending, trying to make that buck stretch just a little further, and insurance companies are no different. If you have ever had to make a claim, you may already be aware of the problems associated with getting what is fair. The people effected in some of the recent disasters, Hurricane Katrina and Rita and the California wildfires, know all too well what it is like to not receive a fair claim payment from their insurance companies, you're better off believing a poker player than a insurance claims adjuster. It's never a bad idea to hire a water and fire damage restoration company to complete an independent assessment and cost estimate. Hopefully, you won't need it, but if legal action becomes necessary, it's a handy document to have in your corner. So when people like Steve Slepcevic and his team of experts arrive on the scene to try to make a difference, sometimes the insurance companies fight back with l awsuits and media slander. Steve Slepcevic has focused his construction business on restoring and reconstructing homes and businesses directly and exclusively for the property owners after natural disasters.