Monthly Archives: September 2011

FTC Seeks Public Comment on Dow Chemical’s Application to Sell Its Torrance, California, Acrylic...

WASHINGTON, D.C. - September 2, 2011 - (RealEstateRama) -- The Federal Trade Commission is seeking public comment on The Dow Chemical Company’s application for FTC approval to sell to Hager Pacific Acquisitions, LLC, real estate and other property in Torrance, California, which is related to a latex polymers business that Dow previously divested to Arkema Inc. Hager Pacific Acquisitions, LLC is a subsidiary of Hager Pacific Properties.

South Tampa Bay online real estate search simplified on IDX-enabled website of BHB Real...

EUGENE, OR - September 2, 2011 - (RealEstateRama) -- Tampa Bay home seekers can now quickly and easily find their dream home online, thanks to the partnership between IDX, Inc. and real estate broker Travis Bell. The IDX solution now employed by Bell syncs his search page and property listings to thousands of homes listed on the Mid-Florida Regional MLS (MFRMLS) database. Never before has it been so easy for South Tampa home seekers to search for a property online.

Realtor Troy Hanna and IDX, Inc. join to streamline real estate searches for Austin,...

EUGENE, OR - September 2, 2011 - (RealEstateRama) -- Realtor Troy Hanna brings advanced functionality to his Austin, Texas real estate website with the addition of IDX Broker software. This unique and innovative Internet Data Exchange (IDX) technology...

Fannie Mae and Freddie Mac Foreclosure Prevention Actions Down in Second Quarter; HARP Refinancings...

Washington, DC - September 1, 2011 - (RealEstateRama) -- Fannie Mae and Freddie Mac (the Enterprises) have completed nearly 1.8 million foreclosure prevention actions since the beginning of conservatorship in the fourth quarter of 2008. More than half of these actions resulted in loan modifications.

NAHB International Builders’ Show Kicks Off Registration with Discounts Available Through September

WASHINGTON, D.C. - September 1, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today officially opened online registration for the 2012 NAHB International Builders’ Show (IBS), the largest annual light construction tradeshow in the world. Considered the premiere building industry event, the 2012 show, to be held in Orlando, Fla., Feb. 8-11, features impressive deals for both members and non-members who register before the end of September on things such as registration fees and education sessions.

Centex Joins Operation FINALLY HOME to Build Hope and Home for U.S. Air Force...

FORT WORTH, TX - September 1, 2011 - (RealEstateRama) -- Centex joined Operation FINALLY HOME, recently, to announce that retired U.S. Air Force Captain Jason Vest, his wife, son (age 7) and daughter (age 5) will be able to stop dreaming of a new ho...

NAHB Introduces New Economic Index Tracking Improving Housing Markets

WASHINGTON, D.C. - September 1, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) announced today the launch of its NAHB Improving Markets Index (IMI), a new monthly economic index showing which housing markets are improving in three key economic indicators.

Department of Banking and Finance’s Order to Cease and Desist Issued to Quest Capital...

Atlanta, GA - September 1, 2011 - (RealEstateRama) -- On August 29, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Quest Capital Management, Inc. dba National Home Buyer's Alliance dba w...

OBAMA ADMINISTRATION RELEASES AUGUST HOUSING SCORECARD FEATURING MAKING HOME AFFORDABLE SERVICER ASSESSMENTS

WASHINGTON, DC - September 1, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the August edition of the Obama Administration's Housing Scorecard. Included in this month’s report are detailed assessments for the 10 largest mortgage servicers participating in the Making Home Affordable Program with results from the second quarter of 2011. In addition to providing greater transparency about servicer performance in the program, the servicer assessments – first introduced in June and published quarterly – are intended to set a new industry benchmark for disclosure around servicer efforts to assist struggling homeowners, while prompting them to correct identified deficiencies.

Pelosi Statement on HUD Grant for San Francisco’s Alice Griffith Housing Development

San Francisco, CA - September 1, 2011 - (RealEstateRama) -- Democratic Leader Nancy Pelosi released the following statement today after the Department of Housing and Urban Development announced a $30.5 million Choice Neighborhoods grant to revitalize, redevelop, and expand the Alice Griffith Housing Development, a community of 256 units of multi-family public housing in San Francisco.

Boston Receives $20.5M HUD Grant to Transform Dorchester’s Quincy Corridor

Boston, MA - September 1, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today joined U.S. Department of Housing & Urban Development Secretary Shaun Donovan as HUD announced that Boston is receiving $20.5M to redevelop the Woodledge/Morrant Bay Apartments and revitalize Dorchester’s Quincy Corridor.

Lake County Government offices, LakeXpress to close for Labor Day holiday

TAVARES, FL - September 1, 2011 - (RealEstateRama) -- All offices of the Lake County Board of County Commissioners, Clerk of Courts, Property Appraiser, Supervisor of Elections and Tax Collector will be closed Monday, Sept. 5 to observe Labor Day.

SEC Seeks Public Comment on Asset-Backed Issuers and Mortgage-Related Pools Under Investment Company Act

Washington, D.C. - September 1, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today voted unanimously to request public comment on the treatment of asset-backed issuers as well as real estate investment trusts (REITs) and other mortgage-related pools under the Investment Company Act

Coalition to Improve Construction Industry Continues to Grow NACA Joins ConsensusDOCS as the 35th...

Washington, D.C. - September 1, 2011 - (RealEstateRama) -- ConsensusDOCS announces today that the National Association of Construction Auditors (NACA) joined the coalition, becoming the 35th member of this unique coalition that produces best practice contracts for the design and construction industry.

U.S. INDUSTRIAL REAL ESTATE INDICATORS GAINING POSITIVE MOMENTUM

WASHINGTON, D.C. - September 1, 2011 - (RealEstateRama) -- While things have been looking up for the U.S. industrial markets steadily over the past year, it is now clear that our recovery is picking up momentum. National industrial market statistics heading into the second half of 2011 - including vacancy, leasing and absorption rates - provide reason for guarded optimism

CB RICHARD ELLIS BROKERS SALE OF EDGEWOOD RETAIL DISTRICT

Atlanta, GA - September 1, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE), the world’s leading commercial real estate services provider, is pleased to have arranged the sale of Edgewood Retail District, a regional shopping center located at the intersection of Moreland Avenue and Caroline Street, in Atlanta, Georgia. The property was acquired by an affiliate of Toronto/Florida based North American Development Group (NADG) for $81,650,000.

Metro Commercial Inks Hobby Lobby Deal in Dickson City, PA

Conshohocken, PA - September 1, 2011 - (RealEstateRama) -- Metro Commercial announced today that it has brokered a 52,450-square-foot lease for the Oklahoma based Hobby Lobby Stores, Inc. at Kohl’s Plaza in Dickson City (Lackawanna County), PA. Dick...

RE/MAX COMMERCIAL® Expands Globally

DENVER, CO - September 1, 2011 - (RealEstateRama) -- RE/MAX Commercial®, a division of the Denver-based franchise company RE/MAX, LLC, continues to expand, opening its first commercial-only office in Latin America in Bogota, Columbia. Also, two new commercial divisions were added in Spain and Belize

IDX, Inc. provides iPhone-enabled real estate search options on website of Tyler DeLange

EUGENE, OR - September 1, 2011 - (RealEstateRama) -- Today, IDX, Inc. is pleased to announce IDX Broker has been integrated onto the website of real estate professional Tyler DeLange has adopted a customizable IDX solution, syncing his website to the Mid-Florida MLS (MFRMLS). IDX Broker software extracts raw listing data and seamlessly integrates it onto the search page DeLange hosts, creating a thorough and dynamic online property database for his clients and other Central Florida area home seekers.

While Relatively Few Homeowners in Catastrophe-Prone Areas Have Earthquake or Flood Insurance Coverage, Those...

WESTLAKE VILLAGE, CA - September 1, 2011 - (RealEstateRama) -- Among homeowners insurance policyholders, those with flood insurance tend to be significantly less satisfied with their policy coverage, compared with policyholders who opt not to carry it, according to the J.D. Power and Associates 2011 U.S. National Homeowners Insurance StudySM released today.

REALTORS® to Host Housing Summit

Washington DC - September 1, 2011 - (RealEstateRama) -- As the leading advocate for homeownership, the National Association of Realtors® will host a summit of policy makers, industry leaders and government stake holders to develop strategies to help stabilize and revitalize the nation’s housing market and economy.

Lois Lee Greer offers Las Vegas Luxury Short Sales

Las Vegas, NV - September 1, 2011 - (RealEstateRama) -- Many Nevada homeowners have tried loan modification; however, loan modifications just don’t work. Remember that until you have equity in your house, all you are doing is renting. That’s ...

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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