Monthly Archives: July 2011

Columbia, MO - July 8, 2011 - (RealEstateRama) -- Columbia Missouri is one of the great cities of the country and has some of the most sought after homes in the state, including homes near university of Missouri. The homes offered from Columbia Missouri Real Estate are mostly affordable, situated in an active community and a friendly environment, perfect for families. By browsing through their YouTube channel, interested homebuyers can visualize the homes they are interested in and make it easier for them to make a decision.

West Hartford, CT - July 8, 2011 - (RealEstateRama) July 20, 2011 - 5:30 to 9:00 pm Crowne Plaza Hotel. 100 Berlin Road. Cromwell, CT Register at http://www.ctreia.com/events.php?a=v&i=349 Housing prices are down, but rentals have held up much better. CNN says Real Estate: It's time to buy again. Forget stocks. Don't bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing.

EDISON, N.J. - July 8, 2011 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has appointed Patrick Connelly of Monroe Twp., N.J., as its director of industrial property management in New Jersey. This strategic hire reflects the company’s initiative to fully integrate its industrial platform locally, regionally and nationally.

Northbrook, IL - July 8, 2011 - (RealEstateRama) -- The Boulder Group, a single tenant investment brokerage firm, has completed the sale of a single tenant GSA property located at 353 West Alto Road in Kokomo, IN for $2,272,800. The 9,684 square foot property was developed in 2008 for the Social Security Administration. The single tenant property is leased to the GSA with seven years remaining on the primary lease term.

EUGENE, OR - July 8, 2011 - (RealEstateRama) -- Easy-to-use IDX Broker software has now been integrated onto the website of broker/owner Andrew Nazzaro from Propel Property Company in Somerville, Massachusetts, automatically syncing thousands of Massachusetts MLS Property Info Network (MLSPIN) listings onto his search page. His clients and countless other Boston area home seekers can explore a ucomprehensive database of property listings without ever leaving the comfort of their home or the convenience of the website Nazzaro hosts.

BOISE, ID - July 8, 2011 - (RealEstateRama) -- Idaho Housing and Finance Association (IHFA) was awarded the administration of four Project Based Contract Administration (PBCA) contracts by the U.S. Department of Housing and Urban Development (HUD). Last year, IHFA performed PBCA monitoring on 3,362 apartment units in Idaho. With the new contracts, IHFA will now monitor an additional 15,261

EUGENE, OR - July 8, 2011 - (RealEstateRama) -- IDX, Inc. and Anne-Marie Wurzel have joined forces to revolutionize the way Florida home seekers search for properties online, by adding the innovative IDX Broker software to the website Wurzel hosts. As a member of the Mid-Florida MLS (MFRMLS), Wurzel has long had access to the detailed property listings through their professional database. Now, with her IDX-enabled search page, Wurzel's clients receive the same levels of access that was once reserved only for real estate agents and brokers, conveniently on her website. Her customizable IDX solution gives Wurzel and her clients more freedom and access to the MFRMLS listings than ever before available online.

STAFFORD TOWNSHIP, N.J. - July 8, 2011 - (RealEstateRama) -- Walters Group, an award-winning real estate development firm, has redefined “business as usual” by applying machine-to-machine (M2M) technology to modernize the management of its operations. The firm has been recognized as an M2M success story and was invited by Verizon Wireless to tout the benefits of wireless M2M connectivity services at an employee training seminar.

Washington, DC - July 8, 2011 - (RealEstateRama) -- An estimate of senior home equity owned by Americans aged 62 and over stood at $3.2 trillion as of the end of the first quarter in 2011, according to results from the recently released NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI). The index has tracked reverse mortgage market opportunity since 2000 by analyzing and reporting on trends in senior home values and home equity levels.

BAYONNE, NJ - July 8, 2011 - (RealEstateRama) -- Alexan CityView has introduced a new broker participation program at the collection of 544 upscale apartment homes on a sprawling waterfront site at the Peninsula at Bayonne Harbor in the Hudson County City of Bayonne.

Lone Tree, CO - July 7, 2011 - (RealEstateRama) -- Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., has sold the 34,749 square-foot Heritage Hills Shopping Center in Lone Tree, Colo., as part of its effort...

WEEHAWKEN, NJ - July 7, 2011 - (RealEstateRama) -- Calling the project a key to unlocking the development potential of the Port Imperial waterfront, Weehawken, NJ Mayor Richard F. Turner led a group of officials from Hudson County, the state Economic Development Authority (NJEDA), New York Waterway and Roseland Property Company in breaking ground on a new waterfront parking garage on Wednesday, June 29.

Las Vegas, NV - July 7, 2011 - (RealEstateRama) -- A recent report released by IMS Advanced Realty Data Services 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. According to the report, The Myers Team with the Caliber Realty Group has closed more short sale transactions than any Realtor or Broker in Las Vegas. The Myers Team is nationally recognized as one of the most influential figures in real estate today. According to Myers Team owner, Bill Myers, “Surrendering a home worth half of what you owe is NOT a failure, it's a business decision. A short sale is an opportunity for you and your family to take control and walk away free and clear. Nobody wants to lose their home; however, loan modification doesn’t work and there is no need to go down with a sinking ship.

Las Vegas, NV - July 7, 2011 - (RealEstateRama) -- The Ballen Group, Las Vegas Short sale Agents who use a comprehensive Las Vegas Short Sale System, have closed another Las Vegas Short Sale saving the Nevada Homeowner from Foreclosure. The Ballen Group, A Las Vegas Short Sale Specialist Team, known for their Las Vegas Real Estate experience in Short Sales, have just closed another Short Sale in Nevada. Using their comprehensive Short Sale System, The Ballen Group is able to handle a large volume of short sales and accomplish the goal at hand, to close the short sale.

IRVINE, CA - July 7, 2011 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that the firm is now marketing for sale a portfolio of four shopping centers in southern California in Hawaiian Gardens, Lancaster, Mission Viejo and Oxnard. Consisting of approximately 517,870 total square feet, the four properties are offered for sale unpriced and can be purchased individually or as a portfolio.

Washington, DC - July 7, 2011 - (RealEstateRama) -- Congressman Don Manzullo (R-Egan) introduced legislation today to require Fannie Mae and Freddie Mac to continue paying annual dividends back to the US Treasury to ensure the “ringleaders” of the housing crisis keep paying off their debt to American taxpayers.

Washington, DC - July 7, 2011 - (RealEstateRama) -- Congressman Maurice Hinchey (D-NY) today secured approval from a key U.S. House panel of a $6.38 million increase in funding for two critical federal programs that support the Susquehanna Flood Forecast and Warning System (SFFWS). The funding increase will boost the efforts of the U.S. Geological Survey's (USGS) National Streamflow Information Program and The Cooperative Water Program. Both programs offer support to the SFFWS network of rain and stream gages by offsetting operation and maintenance costs of the network

DALLAS, TX - July 7, 2011 - (RealEstateRama) -- An August 29, 2011 trial date before Chief U.S. District Judge Sidney A. Fitzwater has been set for three defendants charged with running a multi-million-dollar mortgage fraud scheme in the Dallas area, announced U.S. Attorney James T. Jacks of the Northern District of Texas. Gregory Lashon Thomas, Aja D. Crawford (aka Aja Abercrombie), and Ernest Ohenekitiwa McMillan were arrested on conspiracy to commit mail fraud and mail fraud charges outlined in a four-count indictment returned last month. All three pleaded not guilty and have been released on bond.

NEW YORK, NY - July 7, 2011 - (RealEstateRama) -- Two justices of the New York State Supreme Court have issued sweeping orders to restrain the activities of alleged “loan modification” scammers, providing major victories for financially vulnerable homeowners. On July 5, 2011, Justice Thomas A. Adams of the Nassau County Supreme Court extended a temporary restraining order that restrains the activities and freezes the assets of a group of companies operating under the names “Express Home Solutions” and “Home Preserve Law Group.” The ruling complements a similar order issued on June 28, 2011 by Justice John M. Galasso, also of the Nassau County Supreme Court, which enjoins a group of individuals operating a separate business under the name “Homesafe America.”

July 7, 2011 - (RealEstateRama) -- The Department of Natural Resources is asking campers to "go green" this season by participating in the department's Camp Green pilot program. The Camp Green program encourages park guests to follow environmentally friendly and energy-efficient practices while visiting Michigan state parks and recreation areas. There are 10 locations participating in this pilot program: Aloha, Cheboygan, Clear Lake, Onaway, Port Crescent, Seven Lakes, Tawas Point, Traverse City and Wilson state parks, plus Bay City State Recreation Area

WASHINGTON, D.C. - July 7, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), testified today before a joint subcommittee of the U.S. House of Representatives Financial Services Committee at a hearing titled “Mortgage Servicing: An Examination of the Role of Federal Regulators in Settlement Negotiations and the Future of Mortgage Servicing Standards.”Below is Mr. Stevens’ oral statement before the subcommittee, as prepared for delivery

Washington, DC - July 7, 2011 - (RealEstateRama) -- Congressman Steve Scalise was recently named a Champion of the Merit Shop by the Associated Builders and Contractors (ABC) and a Defender of Economic Freedom by the Club for Growth in its latest ro...

WASHINGTON, D.C. - July 7, 2011 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced new relief for unemployed Ohioans facing foreclosure. Changes announced today to Federal Housing Administration (FHA) requirements and the Making Home Affordable Program (MHA) would extend the timeline and remove hurdles for unemployed Ohioans to qualify for foreclosure

BEDFORD, N.H. - July 7, 2011 - (RealEstateRama) -- Buying your first home is an important milestone, a thrilling adventure, and a serious financial commitment. Yet, the home buying process can also be extremely confusing and mysterious for a first-time...

Washington, DC - July 7, 2011 - (RealEstateRama) -- Today, the Obama Administration announced adjustments to Federal Housing Administration (FHA) requirements that will require servicers to extend the forbearance period for unemployed homeowners to 12 months. The Administration also intends to require servicers participating in the Making Home Affordable Program (MHA) to extend the minimum forbearance period to 12 months wherever possible under regulator and investor guidelines. These adjustments will provide much needed assistance for unemployed homeowners trying to stay in their homes while seeking re-employment. These changes are intended to set a standard for the mortgage industry to provide more robust assistance to unemployed homeowners in the economic downturn.The changes to FHA’s Special Forbearance Program announced today will require servicers to extend the forbearance period for FHA borrowers who qualify for the program from four months to 12 months and remove upfront hurdles to make it easier for unemployed borrowers to qualify.

WASHINGTON, D.C. - July 7, 2011 - (RealEstateRama) -- Congressman Rubén Hinojosa announces a new federal program, the Emergency Homeowners Loan Program (EHLP),that will directly help qualifying homeowners with their mortgage.

BROOKLYN, NY - July 7, 2011 - (RealEstateRama) -- With leasing moving at a fever pitch, Arias Park Slope is enjoying a busy summer highlighted by one of the most important milestones in its development program. The first residents at the Ismael Leyva-designed 12-story building have moved into their luxurious new residences and begun their exciting upscale urban lifestyle at the collection of 95 rental homes in this historic Brooklyn neighborhood, according to developer The Iconic Group

EUGENE, OR - July 7, 2011 - (RealEstateRama) -- IDX, Inc. and Realtor Amy Tapp have joined forces to revolutionize the online Lubbock, Texas real estate search. As a member of the Lubbock MLS (LARMLS), Tapp has long had access to thousands of detailed property listings. Now, the same level of accessibility once reserved only for real estate agents and brokers can be experienced by Tapp's real estate clients conveniently on her website.

TALLAHASSEE, FL - July 7, 2011 - (RealEstateRama) -- Florida Chief Financial Officer Jeff Atwater announced today that he is expanding the availability of Spanish-speaking staff to the Department of Financial Services’ Unclaimed Property Helpline.

LOS ANGELES, CA - July 7, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed a five-year, 21,062 square foot lease valued at over $2 million with Asian Pacific AIDS Intervention Team. APAIT positively affects the quality of life for Asian and Pacific Islanders living with or at-risk for HIV/AIDS by providing a continuum of prevention, health and social services, community leadership and advocacy to the Southern California region. The property is located at 1730 W. Olympic Blvd. near the major cross street of Union Avenue, adjacent to Downtown Los Angeles.