Monthly Archives: April 2011

Washington, DC - April 8, 2011 - (RealEstateRama) -- Colorado U.S. Senator Michael Bennet today congratulated the Pikes Peak Area Council of Governments (PPACG) on it selection to participate in the U.S. Environmental Protection Agency’s (EPA) Su...

SHELTON, CT – The Grand Opening celebration for Cranberry Hill Estates, Shelton’s newest family community, has been set for Sunday, April 17 from 1-4 p.m., announced the New Homes Division of William Raveis Real Estate, Mortgage & Insurance.

DETROIT, MI - April 8, 2011 - (RealEstateRama) -- Dan Gilbert, Founder and Chairman of Detroit-based Quicken Loans Inc., announced the completion of the purchase of Chase Tower, a 505,000 square foot, 14-story high rise office building occupying a full city block at the foot of Campus Martius Park in downtown Detroit’s central business district

LAKE TAHOE, NV - April 8, 2011 - (RealEstateRama) -- Homes around Lake Tahoe experienced a 29 percent jump in average price, according to a quarterly report released by Chase International real estate. The figures compare sales and home prices from first quarter 2011 to first quarter 2010.The average price of a home in Lake Tahoe rose to $937,501 and the median is $564,500 (an 11 percent drop). Sales volume is up 23 percent and units sold is up six percent.

JERSEY CITY, N.J. - April 8, 2011 - (RealEstateRama) -- Crystal Point in downtown Jersey City has unquestionably cemented its place atop the Hudson County real estate marketplace with more than 30 sales in just the first three months of 2011.

EUGENE, OR - April 8, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to announce Arizona real estate agent Jacob Stoddard is the latest realty professional to adopt an IDX solution for his website. With the unique technology that IDX Broker supplies to agents and brokers, they can integrate their website with the Multiple Listings Service (MLS) boards they belong to. As a member of the Arizona Regional MLS (ARMLS), Stoddard has access to thousands of detailed property listings, and now, so do his clients. IDX Broker extracts raw listing data from the ARMLS database and seamlessly displays it on the search function Stoddard hosts. Finding a home in Wickenburg, Arizona has never been easier, thanks to the IDX solution Stoddard employs on his real estate search page

WASHINGTON, D.C. - April 8, 2011 - (RealEstateRama) -- The Council of Large Public Housing Authorities (CLPHA), National Association of Housing and Redevelopment Officials (NAHRO), the National Low Income Housing Coalition (NLIHC), and the Public Housing Authorities Directors Association (PHADA) join together in asking budget negotiators to recognize the vital importance of public housing as they work to reach agreement on an FY11 spending package.

Torrance, CA - April 8, 2011 - (RealEstateRama) -- Lee & Associates Central Coast, a full-service commercial real estate brokerage firm, is off to a productive 2011 on the heels of a fourth quarter 2010 for the books that included five substantial transactions. With several other major deals on the horizon, Lee Central Coast is taking this momentum into 2011 and beyond.

LATHAM, N.Y. - April 8, 2011 - (RealEstateRama) -- The Federal Emergency Management Agency (FEMA) is providing free publications to help Suffolk County homeowners and contactors build more disaster-resistant homes.

Irvine, CA - April 8, 2011 - (RealEstateRama) -- Due to recent confusion President & CEO of the California based Lenox Financial Mortgage Corporation, Wesley Hoaglund, clarifies that there is no affiliation with the Atlanta, Georgia based Lenox Financial Mortgage, LLC.

HILLSBOROUGH, N.J. - April 8, 2011 - (RealEstateRama) -- Victor Kelly, Vice President of Raider Realty, exclusive broker for Larken Associates’ commercial properties, has announced two lease signings at Hillsborough Business Center, the 27-building complex of managed office style/flex warehouse and distribution facilities surrounded by Homestead Road, Stryker Lane and Raider Blvd.

Upper Marlboro, MD - April 8, 2011 - (RealEstateRama) -- The NAHB Research Center invites all builders and remodelers to enter the 2012 EnergyValue Housing Award competition. The EVHA honors home builders and remodelers who voluntarily integrate energy efficiency into the design, construction, and marketing of either new or existing homes. Over the past 16 years, the EVHA has become the gold standard in industry recognition for high-performance home builders.

OSSINING, N.Y. - April 7, 2011 - (RealEstateRama) -- Claremont Gardens Apartments, a 183-unit rental property in Ossining, has sold in Westchester County’s largest year-to-date multifamily trade, announced commercial real estate services firm Cushman & Wakefield, Inc. The firm’s Metropolitan Area Capital Markets Group, based in East Rutherford, N.J., brokered the $14 million transaction, representing the seller, Claremont Gardens Associates, and procuring the undisclosed buyer.

Torrance, CA - April 7, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed the $9.5 million sale of the El Segundo Research Center, a 81,763-square-foot office building at 1940 E. Mariposa Ave., in El Segundo, Calif.

SOMERSET COUNTY, N.J. - April 7, 2011 - (RealEstateRama) -- Summerfields in Somerset County is quickly off to a record breaking sales pace with several homes already reserved in its recently-released second phase of non-age restricted, Energy-Star single-family residences.

April 7, 2011 - (RealEstateRama) -- City Manager James K. Hartmann announced the appointment of Thaddeus Jankowski, Jr. as the new Director of Real Estate Assessments. The Director of Real Estate Assessments is responsible for responsible for the administration, plans and programs for appraisal of all taxable real estate in the City. Mr. Jankowski’s appointment is effective April 11. He succeeds former Director Cynthia Smith-Page, who retired last November.

TRENTON, N.J. - April 7, 2011 - (RealEstateRama) -- To coincide with the traditional start of home buying season, the New Jersey Department of Community Affairs (DCA) and New Jersey Housing and Mortgage Finance Agency (HMFA) today launched The Road Home New Jersey, an education initiative that prospective first-time homebuyers can use to navigate the road to affordable home ownership

April 7, 2011 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano today joined the Long Island Housing Partnership (LIHP) in randomly selecting Nassau County families, who met income eligibility requirements, to buy affordable homes in the Inwood community. The forty-four hopefuls that submitted applications to be considered for the program are placed on the ranked lottery list. The deadline for applying was September 30

Laguna Hills, CA - April 7, 2011 - (RealEstateRama) -- To become a real estate agent in the state of California, you have to earn your real estate license first. There are a number of requirements that must be completed before you can take the examination to earn that license and some criteria that you must meet

MORENO VALLEY, CA - April 7, 2011 - (RealEstateRama) -- CT Realty Investors of Aliso Viejo, Calif., has acquired a 225,000-square-foot warehouse/distribution building located on the grounds of the March Air Reserve Base at 16875 Heacock in Moreno Valley, Calif., from March Philmar, LLC.

LANSING, MI - April 7, 2011 - (RealEstateRama) -- Governor Rick Snyder today announced appointments to the Residential Builders and Maintenance Alteration Contractors Board

April 7, 2011 - (RealEstateRama) -- Montgomery County homeowners who have a limited income or are at least 70 years of age may be eligible for property tax credits that will limit the amount of taxes they must pay. One application will determine eligibility for three programs -- the Maryland Homeowners’ Property Tax Credit Program; the Montgomery County Supplemental Property Tax Credit; and the Montgomery County Senior Property Tax Credit.

Des Moines, IA - April 7, 2011 - (RealEstateRama) -- The Iowa Finance Authority (IFA) Board of Directors today approved four grants totaling $200,000 to advance affordable homeownership and rental opportunities in Fayette, Keokuk, Logan and Sioux Center. The funding is made available through the State Housing Trust Fund’s Project-Based program. The program provides financing for the development of affordable single-family and multifamily housing units.

TALLAHASSEE, FL - April 7, 2011 - (RealEstateRama) -- Florida CFO Jeff Atwater is urging Tampa residents whose homes and property were damaged last week by tornadoes to be on the lookout for unlicensed contractors, and to make sure they thoroughly understand all of the details before signing any contract with a contractor

San Francisco, CA - April 7, 2011 - (RealEstateRama) -- The Federal Reserve, Office of the Comptroller of the Currency, and Federal Deposit Insurance Corporation have drafted consent decrees with the nation’s largest mortgage servicers that would purportedly improve their foreclosure practices. These legal agreements represent an inadequate attempt by regulators to address illegal servicing practices that have caused countless people to lose their homes.

St. Petersburg, FL - April 7, 2011 - (RealEstateRama) -- Rampart Properties. an Associa company, applauds its community, Parkshore Plaza Condominium Association, which recently was named a winner in the 2011 Florida Communities of Excellence Awards for implementing a state-of-the-art disaster response plan.

WASHINGTON, DC - April 7, 2011 - (RealEstateRama) -- HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its February 2011 loan modification data, which shows that an estimated 87,000 homeowners received permanent, affordable loan modifications from mortgage servicers for the month.

WASHINGTON, D.C. - April 7, 2011 - (RealEstateRama) -- On Tuesday, April 5, 2011, the Mortgage Bankers Association (MBA) sent the attached letter to Treasury Secretary Timothy Geithner, HUD Secretary Shaun Donovan and Federal Housing Finance Agency (FHFA) Director Edward DeMarco expressing MBA’s strong reservations about the stated timetable to revamp the fee structure for residential mortgage loan servicing.

EUGENE, OR - April 7, 2011 - (RealEstateRama) -- Chicago, Illinois area properties are now conveniently displayed on one easy-to-use website, thanks to the partnership between IDX, Inc. and Aaron Nemirow of The Nemirow Group. Midwest Real Estate Data (MRED) listings are synced seamlessly to the search page enabled by IDX, creating a comprehensive online database of properties for Nemirow's clients to search. The IDX solution customized to fit the functionality his website has allowed Nemirow to provide his clients and other potential Chicago buyers with unprecedented access to MRED listings, search tools and other IDX-hosted features.

Washington, DC - April 7, 2011 - (RealEstateRama) -- Researchers have long understood that residential stability plays an important role in healthy child development. Less well understood, however is the role of housing affordability in promoting or undermining this stability—an issue of particular relevance given the sharp rise in foreclosures in recent years. Research commissioned and analyzed in a new report by the Center for Housing Policy, the research affiliate of the National Housing Conference, sheds light on this important issue affecting child development.