Monthly Archives: August 2011

Renters Warehouse Selected For The 2011 Minneapolis/St. Paul Business Journal Best Places To Work

Minneapolis, MN - August 29, 2011 - (RealEstateRama) -- The 55 winning companies, determined by anonymous employee surveys compiled by Omaha, Neb.-based Quantum Workplace, will be ranked by their scores and featured in a special section of the Busine...

Central Indiana Housing Market Beats National Trend

INDIANAPOLIS, IN - August 29, 2011 - (RealEstateRama) -- Hoosier confidence was running high during the month of July with strong year-over-year growth in home sales for Central Indiana. According to the latest housing market data compiled by RE/MAX...

Total Mortgage Named to the 2011 Inc. 5000 List of America’s Fastest Growing Companies

MILFORD, CT - August 29, 2011 - (RealEstateRama) -- Total Mortgage Services, LLC, a leading mortgage lender, announced today that it has been named to the 2011 Inc. 5000 list of America's Fastest Growing Companies. The company was ranked as number 2,059 on the Inc. 5000's annual list with a three year growth-rate of 123 percent as well as one of the top 100 fastest growing companies within the Financial Services category across the U.S. This was the second consecutive year that Total Mortgage was part of this prestigious list. In 2010 the company was ranked number 2,851

Pending Home Sales Slip in July but Up Strongly From One Year Ago

Washington, DC - August 29, 2011 - (RealEstateRama) -- Pending home sales declined in July but remain well above year-ago levels, according to the National Association of Realtors®. All regions show monthly declines except for the West, which continues to show the highest level of sales contract activity

Nevada Short Sale Realtors – Who Can You Trust?

Las Vegas, NV - August 29, 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 cl...

HUD AND NEIGHBORWORKS®AMERICA ACCEPTING ADDITIONAL APPLICATIONS FOR EMERGENCY HOMEOWNERS’ LOAN PROGRAM

WASHINGTON, DC - August 29, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development and NeighborWorks® America today reopened the application process for the Emergency Homeowners’ Loan Program (EHLP) in 27 states and Puerto Rico to give homeowners at risk of foreclosure more time to apply for the program. While the original application deadline was July 27, HUD estimates that resources will be available to reach more struggling homeowners and will accept applications submitted through September 15, 2011.

Dedicated real estate broker Kurt Wannebo brings ease and efficiency to online property search...

EUGENE, OR - August 29, 2011 - (RealEstateRama) -- IDX, Inc. and Kurt Wannebo revolutionized the online real estate search for San Diego, California prospective buyers. As a member of the San Diego Regional MLS (SANDICOR), Wannebo has long had access to thousands of local property listings. Now, his clients can search with the same levels of accessibility once reserved only for real estate agents and broker, thanks to the IDX Broker software Wannebo has enabled for his website. Finding a home online has never been easier for those looking to purchase a property around San Diego

Free Webinar with Dave Lindahl – Profit From Multi-Family Real Estate

West Hartford, CT - August 29, 2011 - (RealEstateRama) August 31, 2011 - 8:00 to 9:00 pm EST Register and Learn More at http://www.ctreia.com/events.php?a=v&i=364 Be sure to check your email after pre-registering. We will be sending the info you need to get your access code

New Orleans Market Leader Affiliates with Leading Real Estate Companies of the World

Chicago, IL - August 26, 2011 - (RealEstateRama) -- Prudential Gardner Realtors®, established in 1943 by New Orleans real estate icon Gertrude Gardner, announced today that the company is returning to its heritage as an independent full-service brokerage and affiliating with Leading Real Estate Companies of the World®. LeadingRE is the world's largest network of leading independent real estate brokerages, with 550 companies and 140,000 associates producing over $225 billion in home sales in over 30 countries worldwide. The transition from Prudential to LeadingRE will take effect August 29, 2011, when the company’s brand will change to GARDNER, REALTORS

Hurricane Irene Underscores Importance of Reauthorizing National Flood Insurance Program

Washington, DC - August 26, 2011 - (RealEstateRama) -- As homeowners across the East Coast brace for Hurricane Irene and the heavy rains that are expected to fall over the next few days, the current threat underscores the importance of flood insurance, which is the only way for homeowners to financially protect their property or businesses from flood damages.

AGC EDUCATION AND RESEARCH FOUNDATION ANNOUNCES 2011 SCHOLARSHIP RECIPIENTS

ARLINGTON, VA - August 26, 2011 - (RealEstateRama) -- The AGC Education and Research Foundation (AGCERF) announced that 100 Construction and Civil Engineering students from across the nation received $2,500 scholarships to pursue their construction careers

HOUSING AUTHORITY ANNOUNCES $70 MILLION BOND ISSUE TO FINANCE HOMES FOR LOW INCOME FAMILIES

August 26, 2011 - (RealEstateRama) -- LANSING The Michigan State Housing Development Authority (MSHDA) announced today that it has issued bonds in the aggregate principal amount of $70,000,000 on July 26, 2011, and will use the proceeds of such bond...

Montgomery County Launches Program to Help Residents Improve the Energy Efficiency of their Homes

August 26, 2011 - (RealEstateRama) -- Montgomery County today launched the Residential Energy Efficiency Rebate Program that will provide incentives of up to $3,000 to owner occupants of single family homes and condominiums who make new energy effic...

Zoeller files suit against out-of-state foreclosure consultants

VALPARAISO, IN - August 26, 2011 - (RealEstateRama) -- Indiana Attorney General Greg Zoeller filed a lawsuit today against two out-of-state credit services and foreclosure consultant companies that were operating illegally in Indiana.

Statement from State Treasurer Clint Zweifel following unanimous approval of his plan to tackle...

JEFFERSON CITY, MO - August 26, 2011 - (RealEstateRama) -- State Treasurer Clint Zweifel (ZWY-ful) issued a statement today following the ratification of a $122 million housing plan to tackle homelessness in Missouri. The plan was approved unanimous...

Illinois REALTORS® to gather for education and networking in St. Charles, Oct. 11-13

SPRINGFIELD, IL - August 26, 2011 - (RealEstateRama) -- REALTORS® and other real estate professionals from throughout Illinois will gather October 11-13, 2011, for the Illinois Association of REALTORS® (IAR) 95th Annual Convention and Expo at the Pheasant Run Resort in St. Charles.

Symantha Rodriguez of Kentwood City Properties Selected to Join Innovative International Real Estate Network

DENVER, Co - August 26, 2011 - (RealEstateRama) -- Symantha Rodriguez, a leading real estate professional with Kentwood City Properties, is the newest member of Barbara Corcoran’s inner circle, the international real estate network that’s changin...

CUSHMAN & WAKEFIELD ARRANGES SALE OF WESTBURY, N.Y.’S 1600 STEWART AVENUE

WESTBURY, N.Y. - August 26, 2011 - (RealEstateRama) -- A private New York City-based company has acquired 1600 Stewart Avenue, a 220,000-square-foot office building. Cushman & Wakefield, Inc.'s Metropolitan Area Capital Markets Group (CMG) represented the undisclosed seller and procured the buyer.

Who is Nevada’s #1 Short Sale Realtor?

Las Vegas, NV - August 26, 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.

C.A.R. sends letters to nation’s top lenders, servicers, urging further short sale improvements

LOS ANGELES, CA - August 26, 2011 - (RealEstateRama) -- Recognizing that short sales will be a part of the California real estate landscape for years to come and with more REALTORS® continuing to experience difficulty in closing short sales, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) recently sent letters to the heads of the nation’s four top lenders and servicers, urging more improvements in the short-sale process.

Fewer distressed property sales in July; California pending home sales decline, C.A.R. reports

LOS ANGELES, CA - August 26, 2011 - (RealEstateRama) -- California pending home sales dipped in July, as did the share of sales of distressed properties, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

Roppel Returns As AHFC Board Chair

ANCHORAGE, AK - August 26, 2011 - (RealEstateRama) -- Alaska Housing Finance Corporation (AHFC) board of directors, at its annual meeting, this year held in Cordova, re-elected Frank Roppel of Wrangell to serve as the board chair. Governor Murkowski...

CONSTRUCTION FATALITIES DECLINE BY NEARLY 10 PERCENT BETWEEN 2009 AND 2010 AS INDUSTRY CONTINUES...

WASHINGTON, D.C. - August 26, 2011 - (RealEstateRama) -- The number of construction fatalities declined by nearly 10 percent between 2009 and 2010 and by almost 40 percent during the past five years, according to an analysis of new federal data prepared by the Associated General Contractors of America. Association officials pointed to an industry-wide commitment to improving workplace safety as a key reason for the safety improvements.

FOREIGN INVESTOR PURCHASES SOUTH BEACH APARTMENTS FOR $2.7 MILLION

Miami, FL - August 26, 2011 - (RealEstateRama) -- Supporting increased confidence in the market, Domus Group, a Latin American investor purchased 1818 Meridian Avenue in Miami Beach, Florida. Calum Weaver who co-chairs the CB Richard Ellis (CBRE) Multi-Housing Private Capital Group in South Florida negotiated the $2.7 million sale transaction on behalf of the seller.

GERARD YETMING JOINS THE FEDERATED COMPANIES AS VICE PRESIDENT OF CAPITAL MARKETS

Miami, FL - August 26, 2011 - (RealEstateRama) -- The Federated Companies, a leading national real estate investment and development firm, is pleased to announce that Gerard Yetming has joined the firm as Vice President of Capital Markets. Mr. Yetming has more than 11 years of experience in commercial real estate with a focus on sales and finance, and is responsible for managing the company's acquisition, disposition, and financing activities.

Kathy Oakes adopts IDX Broker software to sync her real estate website with thousands...

EUGENE, OR - August 26, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to announce the latest real estate professional who has chosen to integrate an IDX solution onto their website and dynamic search page: Tennessee Realtor Kathy Oakes. As a full tim...

MBA Releases 2011 Mid-year Commercial/Multifamily Servicer Rankings

WASHINGTON, D.C. - August 26, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its mid-year ranking of commercial and multifamily mortgage servicers as of June 30, 2011. On top of the list of firms is Wells Fargo with $442.9 billion in U.S. master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $346.5 billion, Berkadia Commercial Mortgage with $184.2 billion, Bank of America Merrill Lynch with $123.7 billion and KeyBank Real Estate Capital with $107.7 billion.

Florida Realtor Magazine Wins Top Awards

ORLANDO, FL - August 25, 2011 - (RealEstateRama) -- Florida Realtor, the Business Magazine of Florida Real Estate and monthly trade publication of Florida Realtors®, recently won six awards in the 2011 Florida Magazine Association’s (FMA) competition.Florida Realtor won a total of four Charlie Awards, the competition’s top honor or gold standard, including one for Best Overall Magazine and one for Best Written Magazine in its Trade/Technical category. Under writing excellence, the magazine received a Charlie Award for Best Department (Makeover) and another Charlie Award for Best Column (Tech & You).

Marketers Falsely Claimed to Be Affiliated with Federal Assistance Programs, Agency Alleges; Operators in...

WASHINGTON, D.C. - August 25, 2011 - (RealEstateRama) -- The Federal Trade Commission put an end to three schemes that claimed they would help consumers with their mortgage and debt problems, as part of settlements with defendants who allegedly claimed a bogus affiliation with government assistance programs.

HUD CHARGES NEW YORK CO-OP AND TWO OF ITS EMPLOYEES WITH DISCRIMINATING AGAINST TENANT...

WASHINGTON, DC - August 25, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) is charging RiverBay Corporation, a housing cooperative located in the Bronx, and two of its employees with violating the Fair Housing Act for denying a disabled man’s reasonable accommodation request. HUD brings the charge on behalf of the disabled tenant, claiming that RiverBay refused to allow the tenant to have a medically prescribed emotional support animal and that the cooperative’s security officers harassed the tenant because of the service animal.

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families