Monthly Archives: October 2011

September Illinois Home Sales Up 13.5 Percent from a Year Ago Statewide Median Price...

SPRINGFIELD, IL - October 20, 2011 - (RealEstateRama) -- According to the Illinois Association of REALTORS® (IAR) latest report, statewide home sales (including single family and condominiums) in September 2011 totaled 9,182 homes sold, up 13.5 percen...

Montgomery County Awards Commercial and Multi-Family Energy Efficiency Incentives; $1.7 Million in ARRA Funds...

October 20, 2011 - (RealEstateRama) -- The Montgomery County Department of Environmental Protection (DEP) announced that 43 businesses, multi-family properties and faith-based organizations are in various stages of completing energy efficiency projects...

Fla.’s Existing Home and Condo Sales Up in September 2011

ORLANDO, FL - October 20, 2011 - (RealEstateRama) -- Florida’s existing home and existing condo sales continued their upswing in September, according to the latest housing data released by Florida Realtors®. Existing home sales increased 10 percent ...

Homeless Population Database Measures and Tracks Trends and Indicators

ANCHORAGE, AK - October 20, 2011 - (RealEstateRama) -- Of the 6,460 homeless people counted statewide by all the service providers this year, more than half lived in Anchorage, 11 percent have chronic substance abuse issues, and six percent are veteran...

Shelby: 30-Year Fixed Rate Mortgage Needs Fact-Based Analysis

October 20, 2011 - (RealEstateRama) -- U.S. Senator Richard Shelby, ranking Republican on the Senate Committee on Banking, Housing and Urban Affairs, today made the following statement at a Committee hearing on the 30-year, fixed rate mortgage

CUSHMAN & WAKEFIELD BROKERS $7.65M INDUSTRIAL SALE IN TEMPE, ARIZ.

Tempe, AZ - October 20, 2011 - (RealEstateRama) -- Cushman & Wakefield, Inc.’s Phoenix-based industrial brokerage group has orchestrated the sale of Normal Junction, a two-building, 140,000-square-foot warehouse/distribution property in Tempe. Bl...

HALSTEAD PROPERTY WINS 2011 WEB MARKETING ASSOCIATION AWARD FOR OUTSTANDING WEBSITE

NEW YORK, NY - October 20, 2011 - (RealEstateRama) -- Halstead Property is proud to announce that its newly re-launched website has won the Web Marketing Association’s 2011 WebAward for Outstanding Achievement in Web Development. Each year, the WebAw...

40 PARK’S UNIQUE LIFESTYLE OFFERING HAS WIDESPREAD APPEAL

MORRISTOWN, N.J - October 20, 2011 - (RealEstateRama) -- With fewer than 15 luxury condominium homes remaining, 40 Park in downtown Morristown has successfully attracted homebuyers looking for an upscale living experience in a dynamic downtown settin...

International Chemical Logistics Company Renews and Expands at Malkin Properties’ Ten Bank Street in...

WHITE PLAINS, N.Y. - October 20, 2011 - (RealEstateRama) -- NRS Logistics Inc., an American branch of Japan-based NRS Corporation, which specializes in the transportation of pharmaceuticals and chemicals, has renewed its lease and expanded its office s...

NAHB Names the Prometheus Real Estate Group 2011 Property Management Company of the Year

WASHINGTON, D.C. - October 20, 2011 - (RealEstateRama) -- The Prometheus Real Estate Group, based in San Mateo, Calif., took top honors as 2011 Property Management Company of the Year in the National Association of Home Builders’ (NAHB) Multifamily P...

Texas listings displayed with ease on the IDX-enabled website of Realtor Bonnie Bauer

EUGENE, OR - October 20, 2011 - (RealEstateRama) -- Today IDX, Inc. is pleased to welcome Dallas, Texas agent Bonnie Bauer of Dave Perry Miller & Associates to the growing group of real estate professionals adopting a customizable IDX solution for...

RE/MAX Co-Founder Named To SIUE Alumni Hall of Fame

Edwardsville, IL - October 20, 2011 - (RealEstateRama) -- RE/MAX Vice Chairman of the Board and Co-Founder Gail Liniger has been inducted into the Southern Illinois University at Edwardsville (SIUE) Alumni Hall of Fame, joining an exclusive group of ...

iPhone-enabled online property search available in Virginia through IDX Broker and C Brown Pearson

EUGENE, OR - October 20, 2011 - (RealEstateRama) -- IDX, Inc. has integrated a customizable IDX solution onto the website of Midlothian, Virginia real estate agency C Brown Pearson. They can now display thousands of Central Virginia Regional MLS (CVRML...

iPhone enabled real estate search made simple with IDX Broker software on the website...

EUGENE, OR - October 20, 2011 - (RealEstateRama) -- Broker Associate of The Janet Jones Company, Alan Whisenhunt, has synced an IDX solution to their website, bringing Little Rock, Arkansas property listings to the easy-to-use search page their clients...

California real estate group adopts innovative IDX Broker software to create dynamic online property...

EUGENE, OR - October 20, 2011 - (RealEstateRama) -- California property listings are now easier than ever to search for, with the addition of an IDX solution to the professional website of Realtor Omar Dulin. Thanks to IDX, Inc., IDX Broker software no...

U.S. Office Market Sees Absorption Rates Eclipse 2010 Levels by More Than 75 Percent

CHICAGO, IL - October 20, 2011 - (RealEstateRama) -- The U.S. office market absorbed approximately 9.4 million square feet of space in the third quarter of 2011, bringing the year-to-date total to more than 24.5 million square feet, eclipsing 2010 leve...

E-Commerce Company Relocates from New York to Florida. Leases 100,000+ Sq. Ft. Warehouse in...

Miami, FL - October 20, 2011 - (RealEstateRama) -- ComReal Miami’s Industrial Team lead by Ed Redlich, SIOR, CCIM and Chris Spear, successfully relocated an e-commerce company, 1 Sale A Day, from the state of New York to Florida. The industrial prop...

CUSHMAN & WAKEFIELD: N.J. OFFICE ACTIVITY MIXED, INDUSTRIAL STRONG

EAST RUTHERFORD, N.J. - October 20, 2011 - (RealEstateRama) -- Third quarter 2011 research findings by commercial real estate services firm Cushman & Wakefield, Inc. point to mixed performance in the office market and continued strong industrial ac...

Cervera Real Estate Recognizes Top Producers for South Florida Region

Miami, FL - October 20, 2011 - (RealEstateRama) -- Cervera Real Estate hosted its quarterly top producer awards celebration dinner to recognize their associates for outstanding sales performance in the real estate industry. The event was held at the Fo...

Sperry Van Ness International PARTNERS WITH BETTER WORLD BOOKS TO HELP FUND GLOBAL LITERACY

IRVINE, CA - October 20, 2011 - (RealEstateRama) -- Sperry Van Ness International has partnered with Better World Books, a leading social enterprise that collects and sells books online, in support of its mission to help fund global literacy. Through t...

RealStrat® Takes New York – 33Across Relocates New York City Headquarters

Somerset, NJ - October 20, 2011 - (RealEstateRama) -- Andrew Zezas, SIOR, President and CEO of Real Estate Strategies Corporation, announced today that through its New York affiliate, RealStrat® Corporation, the New Jersey based corporate real estate ...

NEW HUD STUDY FINDS MOVING TO LOW-POVERTY NEIGHBORHOODS LOWERS RISK OF OBESITY AND DIABETES...

WASHINGTON, DC - October 20, 2011 - (RealEstateRama) -- Very-low income women who have the opportunity to move from high-poverty neighborhoods into lower poverty areas are significantly less likely to be extremely obese or to have diabetes. Those are ...

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR NEW JERSEY STORM VICTIMS

WASHINGTON, DC - October 20, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income re...

HUD ANNOUNCES $27 MILLION IN “SWEAT EQUITY” GRANTS

WASHINGTON, DC - October 20, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $26.6 million in “sweat equity” grants to produce at least 1,477 affordable homes for low-income individuals and families. F...

Existing-Home Sales Off in September but Higher Than a Year Ago

Washington, DC - October 20, 2011 - (RealEstateRama) -- Existing-home sales were down in September on the heels of a strong gain in August, but remain well above a year ago, according to the National Association of Realtors®.

Nevada Luxury Short Sales

Las Vegas, NV - October 20, 2011 - (RealEstateRama) -- A short sale transaction is without doubt, the most complicated transaction in residential real estate. Just because a Realtor is experienced, does not mean that he/she is experienced with short sa...

Presidential Hopefuls Must Address Housing Issues

WASHINGTON, D.C. - October 20, 2011 - (RealEstateRama) -- As noted by the Wall Street Journal, MSNBC and other media outlets, the Republican presidential candidates let a great opportunity slip away during Tuesday night’s presidential debate to expla...

RE/MAX Reports Home Sales Activity in Metro Chicago Real Estate Market

ELGIN, Ill. - October 20, 2011 - (RealEstateRama) -- Home sales in the seven-county metropolitan Chicago real estate market continued their third-quarter surge in September. RE/MAX reports that home sales for the month were 12.6 percent higher than in ...

BETHESDA HEALTH CITY ACQUIRED FOR $37 MILLION

Boynton Beach, FL - October 19, 2011 - (RealEstateRama) -- CBRE arranged the financing for the acquisition of Bethesda Health City, a medical health care facility, on behalf of Flagler Investment LLC. The terms of the $26.3 million loan include a ten-y...

Citigroup to Pay $285 Million to Settle SEC Charges for Misleading Investors About CDO...

Washington, D.C. - October 19, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today charged Citigroup’s principal U.S. broker-dealer subsidiary with misleading investors about a $1 billion collateralized debt obligation (CDO) tied ...

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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