Monthly Archives: April 2011

Los Angeles, CA - April 19, 2011 - (RealEstateRama) -- National Real Estate Investor, the leading magazine for professional real estate investors, has ranked CB Richard Ellis Group, Inc. (NYSE:CBG) the No. 1 U.S.-based commercial real estate brokerage firm for the eighth year in a row. The ranking, featured in the publication’s April 2011 issue, is based on the aggregate value of sales and leasing transactions completed globally during 2010.

Phoenix, AZ - April 19, 2011 - (RealEstateRama) -- After the worst downturn in decades, a U.S. real estate recovery could happen more quickly than most economists predict, RE/MAX Chairman and Co-Founder Dave Liniger told over 300 attendees in a video at the recent 2011 RE/MAX Excalibur Sales Rally held in Phoenix, Ariz. His message was simple, real estate investors will play a key role in this recovery.

WASHINGTON, D.C. - April 19, 2011 - (RealEstateRama) -- Nationwide housing starts rose 7.2 percent to a seasonally adjusted annual rate of 549,000 units in March from an upwardly revised number in the previous month, the U.S. Commerce Department reported today. Coming on the heels of disappointing declines in February, this gain was represented in both the single- and multifamily sectors, and was mirrored by substantial improvements in building permit issuance for the same period."While the overall rate of new-home production remains quite low and is still being weighed down by significant uncertainties among both home builders and buyers, this latest report is encouraging," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "It means that some builders are cautiously beginning to re-stock their extremely thin inventories of new homes in anticipation of gradual improvement in consumer demand as the economy slowly inches toward recovery."

April 18, 2011 - (RealEstateRama) -- As the warm weather arrives, bringing bed bug season with it, a group of industry experts will discuss New York City’s new bed bug regulations and the possibility of additional regulation for hotels and office buildings. The discussion will also address proposed standards and procedures for effective bed bug detection and prevention.

April 18, 2011 - (RealEstateRama) -- There are certainly lots more ways to increase the value of your home by making additions or repairing without disturbing the existing house layout. Indeed this process involves more risks, investment and time it will add value and fresh look. Though property owners don’t aware of getting permission from the local government authorities but this should be one of the crucial steps to start work in construction field

CARLSTADT, N.J. - April 18, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has been named exclusive agent for 480 Gotham Parkway, a 58,683-square-foot data center/co-location facility in Carlstadt. Lee Miller and Marc Graham of the company's East Rutherford, N.J. office are handling the assignment for the property, which most recently is leased to JPMorgan Chase.

April 18, 2011 - (RealEstateRama) -- Earlier today in federal court in Minneapolis, a 49-year-old Champlin woman pleaded guilty to her role in a mortgage fraud scheme involving at least 200 properties—principally in north Minneapolis—and mortgage proceeds of approximately $35 million. Gayle Deann Claus pleaded guilty to one count of conspiracy to commit mail and wire fraud. Claus, who was indicted on June 15, 2010, along with two co-defendants, entered her plea before United States District Court Judge David S. Doty.

Washington, DC - April 18, 2011 - (RealEstateRama) -- Congresswoman Maxine Waters (D-Calif.) yesterday reintroduced H.R. 1567, the Foreclosure Prevention and Sound Mortgage Servicing Act of 2011. Congresswoman Waters has introduced similar legislation since the 110th Congress, and has long maintained that the servicing industry is broken. By reintroducing and updating the bill, Congresswoman Waters continues to demonstrate her commitment to ending the foreclosure crisis and holding servicers accountable.

BALTIMORE, MD - April 18, 2011 - (RealEstateRama) -- Attorney General Douglas F. Gansler announced today that his Consumer Protection Division's Home Builder Registration Unit has filed charges against Antoine Knott of Bel Alton, for failing to comply with Maryland's Home Builder Registration Act, Consumer Protection Act, and Custom Home Protection Act.

Sioux City, IA - April 18, 2011 - (RealEstateRama) -- The Sioux City Human Rights Commission will host a Landlord and Property Manager Workshop on Thursday, May 5, 2011 in the third floor conference room at the Long Lines Family recreation Center, 40...

STAMFORD, CT, April 18, 2011 — Jones Lang LaSalle announced the Fairfield County, Conn., commercial office market continued to see slowly improving fundamentals in the first quarter of 2011. Although Westchester County recorded strong job growth in many areas this quarter, vacancy rates rose in many of the county’s submarkets. Fairfield County posted stagnant or falling average asking rental rates while Westchester County saw slight rate increases countywide

RENO, NV - April 18, 2011 - (RealEstateRama) -- Incline Village, Nev.-based Realtors Janet O’Donnell and Val Davisson of Intero Real Estate Services are receiving corporate awards for top production with closings of over $33 million in sales for 2010.

Sioux City, IA - April 18, 2011 - (RealEstateRama) -- The Sioux City Human Rights Commission in partnership with the Siouxland Human Investment Partnership (SHIP) and Midtown Family Community Center will host an educational event “Fair Housing in Siouxland” on Wednesday, April 20, 2011, at the Midtown Community Center, 525 14th Street, between 6:00 p.m. and 8:30 p.m. The event is free and open to the public.

Torrance, CA - April 18, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate firms in the country, has named Thomas “Tommy” C. Hiles, SIOR as the newest principal of the Atlanta office.

WASHINGTON, DC - April 18, 2011 - (RealEstateRama) -- Today, the U.S. Department of Housing and Urban Development (HUD) is launching a new campaign in Miami, Chicago, and Los Angeles called Know It. Avoid It. Report It. This campaign has two objectives. First, it aims to direct homeowners facing foreclosure to trusted resources and housing counselors.

Las Vegas, NV - April 18, 2011 - (RealEstateRama) -- Statistics released today by the Greater Las Vegas Association of REALTORS® (GLVAR) show local home sales soared and prices slipped in March compared to the previous month and year.

Washington, DC - April 18, 2011 - (RealEstateRama) -- Realtors® now have access to an errors and omissions insurance program from the National Association of Realtors®’ newest REALTOR Benefits® Partner, Victor O. Schinnerer & Company, Inc.

Washington, DC - April 18, 2011 - (RealEstateRama) -- The National Association of Realtors® welcomed middle school students from across the country this week to participate in the annual School of Future Design Competition. The competition encourages students to work in teams to plan and design a school that will improve the learning environment and the facility’s energy efficiency, be sensitive to the environment, and is integral to the surrounding community. This year’s winners were announced last night during an event held at NAR’s D.C. offices.

WASHINGTON, DC - April 18, 2011 - (RealEstateRama) -- The House voted last week to eliminate a mortgage relief program the Obama administration established nearly two years ago to help homeowners avoid foreclosure.

WASHINGTON, D.C. - April 18, 2011 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes slipped back one notch to 16 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for April, released today. The index has now held at 16 for five of the last six months.

Atlanta, GA - April 18, 2011 - (RealEstateRama) -- Georgia Realtor® and entrepreneur say the drama in today's housing market calls for a HUGE dose of positive stimulation. In a just-released book titled The Influencers™, the author says the time is ripe for real estate professionals to sharpen their influence by cultivating relational transactions before business transactions

BROOKLYN, NY - April 18, 2011 - (RealEstateRama) -- Strong public interest quickly turned to spirited leasing activity as an impressive 28% of the 95 upscale rental residences have been leased in the first three weeks at Arias Park Slope, the new Ismael Leyva-designed building located on 4th Avenue in this sought-after Brooklyn neighborhood.

Los Angeles, CA - April 18, 2011 - (RealEstateRama) -- Paramount Disaster Recovery Company invented by Mr.Steve Slepcevic is most important national disaster response, revitalization and revival Company in the USA. Paramount Disaster has become a major head in national adversity crisis response and in creation under the brilliant guidance of Mr. Steve Slepcevic.

Washington, DC - April 15, 2011 - (RealEstateRama) -- Today, Rep. Walz introduced legislation to protect servicemembers from abusive, illegal mortgage practices

CHICAGO, IL - April 15, 2011 - (RealEstateRama) -- Members of the Illinois Housing Development Authority (IHDA) Board today appointed Mary R. Kenney as executive director of the state’s housing finance agency. Kenney succeeds Gloria L. Materre, who last month became executive director of the Illinois Liquor Control Commission (ILCC).

NEW YORK, NY - April 15, 2011 - (RealEstateRama) -- Jones Lang LaSalle has been selected by building owner KBS Realty Advisors Inc. as exclusive leasing agent for 619 West 54th Street. The company will be responsible for commercial leasing and marketing efforts at the Class A, 301,000-square-foot office building.

NEW YORK, NY - April 15, 2011 - (RealEstateRama) -- Sheldon Good & Company, a Racebrook Portfolio Company and America’s leading real estate auctioneer, has been hired by The IDI Group Companies, one of the region’s premiere developers, to conduct a closeout auction of the 30 remaining luxury condominiums in Riverview, a 242-unit residential building located in Leisure World® of Virginia, a 91-acre active adult community in Lansdowne, VA on Sunday, May 22nd. Ten of these one, two, and three-bedroom residences will be sold subject to low minimum bids from just $95,000

EUGENE, OR - April 15, 2011 - (RealEstateRama) -- IDX Broker software is now integrated onto the real estate website of Jason Sarji, thanks to his adoption of the IDX, Inc. premier technology. As a member of the Ft. Lauderdale MLS (FAR), the IDX solution Sarji has employed and extract raw listing data from the FAR database and display it effortlessly on the website he hosts. Potential buyers can now experience an online property search unlike any other, on the IDX enabled website Sarji supports.

EUGENE, OR - April 15, 2011 - (RealEstateRama) -- Today, IDX, Inc. announces Carl Porambo as the latest real estate broker to join the network of real estate professionals constantly changing the online real estate world forever. By adopting a customizable IDX solution for his website Porambo has enabled a comprehensive search that links to the Garden State MLS (GSMLS) database of listings to display thousands of detailed property listings, seamlessly, on his website. With his newly IDX enabled website, Porambo has revolutionized the online real estate search for his clients and countless other Watchung, New Jersey potential buyers

WASHINGTON, D.C. - April 15, 2011 - (RealEstateRama) -- The following statement was issued by the Center for Responsible Lending, the Community Mortgage Banking Project, the Mortgage Bankers Association, the Mortgage Insurance Companies of America, the National Association of Home Builders and the National Association of Realtors in advance of the April 14th House Subcommittee on Capital Markets and Government Sponsored Enterprises hearing on the Qualified Residential Mortgage: