Monthly Archives: July 2011

JAMAICA,NY - July 18, 2011 - (RealEstateRama) -- Congressman Gregory W. Meeks (NY-6), senior member of the Financial Services Committee and House Foreign Affairs Committee, along with community organizations, including Neighborhood Works America, will hold a press conference on Monday, July 18, 11:00 am to urge eligible homeowners to act quickly to apply for the U.S. Department of Housing and Urban Development (HUD) Emergency Homeowners’ Loan Program (EHLP). Congressman Meeks will be joined by Adolfo Carrion, HUD Regional Administrator, Region II. Mr. Carrion is a former Bronx Borough President and director of the White House Office on Urban Policy.

AUSTIN, TX - July 18, 2011 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced a series of major funding awards designed to help homeless Texans secure permanent housing and strive toward self-sufficiency, bringing greater stability to individuals and the communities in which they live.TDHCA awarded a total of $4.9 million in federal funds to 44 nonprofit organizations renovating or converting buildings for use as emergency shelters, as well as to help provide an array of essential services to homeless individuals.

Olympia, WA - July 18, 2011 - (RealEstateRama) -- The Washington State Foreclosure Fairness Act Mediation Program begins Friday, July 22. The program, a result of bipartisan legislation (SSHB1362, Chapter 58, Laws of 2011) during the 2011 session, make...

TRENTON, NJ - July 18, 2011 - (RealEstateRama) -- Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor announced that a Paulsboro woman who formerly worked as a local administrator of the New Jersey Home Energy Assistance (HEA) Program was sentenced to state prison today for defrauding the program of more than $20,000 by filing false applications to obtain benefits. In addition, a second former local administrator of the program pleaded guilty today to stealing over $40,000 in program benefits through the submission of fraudulent benefit applications.

WASHINGTON, DC - July 18, 2011 - (RealEstateRama) -- U.S. Senator Tom Udall (D-NM) today urged New Mexicans who are at risk of foreclosure to take advantage of a new federal program that has made more than $10 million available in interest-free, for...

CHICAGO, IL - July 18, 2011 - (RealEstateRama) -- Governor Pat Quinn today announced the creation of the Mortgage Resolution Fund (MRF) using $100 million of the state’s $445.7 million in Hardest Hit Fund dollars to purchase notes in the Chicago area. The Illinois Housing Development Authority (IHDA) board today approved the new program, which will enable these loans to be permanently modified to affordable levels.

EUGENE, OR - July 18, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to welcome the real estate expertise of Anthony Rueda & Associates of Paragon Real Estate to the growing network of realty professionals dedicated to serving the needs of their clients. Home seekers in Sacramento can now experience a dynamic online real estate search conveniently on the Paragon Real Estate. Metrolist property listings are now fully integrated onto Rueda's search pages, giving potential buyers a comprehensive database to search through. Finding a home in and around Sacramento, California has never been so easy!

EUGENE, OR - July 18, 2011 - (RealEstateRama) -- IDX, Inc. and Broker Anthony Castro have joined forces to present Portland, Oregon home seekers with a unique and informative online real estate search page and website. Castro has adopted IDX Broker sof...

Golden Valley, MN - July 18, 2011 - (RealEstateRama) -- Are you a real estate agent who would like to learn how to sell $38 million dollars in real estate this year? How would you like to eat at a private VIP dinner with a successful luxury real estate agent that has been seen on a TV show? Maybe you would just like to meet, and have your picture taken with a celebrity? Or you are interested in partying at the same location as a celebrity? Josh Altman is one of the most successful real estate agents in the Beverly Hills and Hollywood Hills luxury housing market and you probably recognize him from the hit TV show Million Dollar Listing on Bravo. Josh's clientele consists mostly of entertainers, athletes and high net worth individuals from around the world. He sold $38 million in real estate last year and currently has $150 million in listings.

IRVINE, CA - July 18, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, is pleased to announce that it is providing architectural design services for a new, mixed-use, 183,000-square-foot graduate student housing project to be developed by Hanover Pacific, LLC, in downtown Pomona, Calif., adjacent to the campus of Western University of Health Sciences (WesternU), a private, non-profit graduate school for health professions.

Morrisville, NC - July 18, 2011 - (RealEstateRama) -- Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., has purchased McCrimmon Corners, an 86,267-square-foot retail center in Morrisville, N.C., from selle...

Newport Beach, CA - July 18, 2011 - (RealEstateRama) -- North Valley Bank has launched an online auction featuring a portfolio of OREO assets on the Freedom Realty Exchange, a leading online real estate auction platform. Operated and managed by the auc...

LAGUNA HILLS, CA - July 18, 2011 - (RealEstateRama) -- The California Association of Community Managers (CACMSM) will celebrate its 20th anniversary at this year’s Statewide Expo & Conference at the Disneyland Hotel in Anaheim on July 28-July 29.

Atlanta, GA - July 18, 2011 - (RealEstateRama) -- GoFightForeclosure.com today announced to declare that the vast majority of bank foreclosures are unlawful. Citing that foreclosures destroy families and communities. As a result they have decided to arm families with knowledge to fight foreclosure and win by offering up six senses to detect improper mortgage securitization.

Jacksonville, FL - July 18, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) is augmenting service capabilities in Jacksonville’s multifamily investment properties market. Brian Moulder is joining the CBRE Multi-Housing Group (MHG) as a Senior Vice President, partnering with Vice Chairman, Dan Allen, and Senior Associate, Dhaval Patel. Moulder has served the southeast multifamily markets since 2003, most recently with Southeast Apartment Partners in Atlanta, GA.

West Hartford, CA - July 18, 2011 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with the Women Real Estate Investors Association, or WREIA, is announcing a new meeting and dinner on July 26, 2011. This meeting will take place from 6:00 pm to 9:00 pm at Violi’s Restaurant, 688 Westfield Road, Meriden, CT. The cost of this event is $25 for WREIA and CT REIA members, and $30 for not-yet-members. The cost of admission includes dinner. Attendees who register before July 20th will receive the CD entitled “Success Is Your Birthright” as an additional bonus.

Torrance, CA - July 18, 2011 - (RealEstateRama) -- Mountain Real Estate Capital (MREC) announces the acquisition of Silver Lake in Los Angeles in a joint venture with Harridge Development Group LLC. The transaction closed July 1; its value could not be disclosed.

July 18, 2011 - (RealEstateRama) -- Lila Delman Real Estate announced the sale today of Puesta del Sol, 294 Carnegie Harbor Drivein Portsmouth, Rhode Island. The property was listed by Melanie Delman, President of Lila Delman Real Estate. This is ...

PASADENA, CA - July 18, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is continuing its retail expansion in Southern California with the opening of a new office in Pasadena. The office will be led by Los Angeles lending industry veteran Tami Murphy, who joins REMN as the company’s latest Branch Manager. Murphy will report directly to fellow industry veteran, Kevin Hoyt, who joined REMN as the company’s Western Regional Retail Manager earlier in April.

WASHINGTON, D.C. - July 18, 2011 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes rose two points to 15 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for July, released today. The gain largely offsets a three-point dip recorded in June, and marks the ninth time out of the past 10 months in which the index has held within the same three-point range."The improvement in builder confidence in July is a positive sign that the outlook perhaps isn't quite as bleak as was feared in June," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "While builders continue to confront serious challenges with regard to competition from foreclosed properties that are priced below replacement cost, inaccurate appraisals of new homes, and a very restrictive lending environment for new home construction, select markets are showing gradual improvement as consumers begin to take advantage of very favorable buying conditions."

Washington, D.C. - July 18, 2011 - (RealEstateRama) -- In the second quarter of 2011, Duke Realty Corporation’s (Duke Realty) Washington, D.C. leasing team closed transactions totaling 328,786 square feet, including new leases and renewals and ext...

WASHINGTON, D.C. - July 18, 2011 - (RealEstateRama) -- The National Association of Home Builders commends the U.S. Environmental Protection Agency for rejecting a proposal to add third-party clearance testing to the Lead: Renovation, Repair and Painting Rule (RRP).“We’re pleased that the EPA listened to the concerns of remodelers about the extreme costs the proposed clearance testing would have imposed,” said Bob Peterson, NAHB Remodelers chair and a remodeler from Fort Collins, Colo. “Home owners are saved from spending a great deal of money on lead testing. If remodeling is more affordable, home owners will be able to hire an EPA-certified renovator to keep them safe from lead dust hazards during renovation.”

Atlanta, GA - July 18, 2011 - (RealEstateRama) -- Home buyers across Georgia may have reduced access to mortgage funds this fall if Congress decides to reduce current Federal Housing Administration loan limits. That’s just one of the many issues th...

Washington, DC - July 18, 2011 - (RealEstateRama) -- As policymakers consider changes to government programs and incentives that could dramatically change the nature of home ownership in this country, the National Association of Realtors® is once again bringing these issues to people across the country with the second phase of the Home Ownership Matters Bus Tour.

HARRISBURG, PA - July 15, 2011 - (RealEstateRama) -- The board of the Pennsylvania Housing Finance Agency yesterday conditionally approved $11.2 million in funding and approximately $30 million in tax credits for the construction of affordable multifamily housing developments located throughout Pennsylvania.

Washington, DC - July 15, 2011 - (RealEstateRama) -- U.S. Congressman Lloyd Doggett (D-TX) announced recently that the Housing Authority of the City of Austin will receive $366,540 in grants from the U.S. Department of Housing and Urban Development to assist homeless veterans obtain affordable housing in the Austin area. The grants, funded under the HUD-VASH program, combines HUD Housing Choice Voucher rental assistance with case management and clinical services provided by the Department of Veterans Affairs.

WASHINGTON, WA - July 15, 2011 - (RealEstateRama) -- Alexander Otis Matthews, a Virginia real estate businessman pleaded guilty today to fraud charges in connection with mortgage and investment schemes to obtain more than $12 million in fraudulent loans.

Seattle, WA - July 15, 2011 - (RealEstateRama) Seattle Voices with Eric Liu Low Income Housing Institute’s Sharon Lee Premieres Tues., July 19, 7 p.m. Sharon Lee is the Executive Director of the Low Income Housing Institute (LIHI), a non-profit organization based in Seattle. LIHI develops and operates housing for low-income and homeless people, and also provides a range of support services to assist tenants in maintaining stable housing and increasing self-sufficiency. Lee oversees a staff of 100 engaged in housing development, management, advocacy and support services.

Seattle, WA - July 15, 2011 - (RealEstateRama) Seattle Voices with Eric Liu Low Income Housing Institute’s Sharon Lee Premieres Tues., July 19, 7 p.m. Sharon Lee is the Executive Director of the Low Income Housing Institute (LIHI), a non-profit o...

Seattle, WA - July 15, 2011 - (RealEstateRama) Seattle Voices with Eric Liu Low Income Housing Institute’s Sharon Lee Premieres Tues., July 19, 7 p.m. Sharon Lee is the Executive Director of the Low Income Housing Institute (LIHI), a non-profit o...