November Market Report
MEMPHIS, TN - December 8, 2011 - (RealEstateRama) -- Memphis-area home sales for November jumped 28.4 percent from a year ago, with 1,076 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales...
UNITEDHEALTH GROUP AND ENTERPRISE COMMUNITY INVESTMENT LAUNCH $50 MILLION AFFORDABLE HOUSING INVESTMENT PROGRAM
SANTA FE, N.M. - December 8, 2011 - (RealEstateRama) -- UnitedHealth Group today announced an innovative partnership with Enterprise Community Investment, Inc. (Enterprise), a national leader in the affordable housing and community development industry...
We Can’t Wait: President Obama Announces Nearly $4 Billion Investment in Energy Upgrades to...
WASHINGTON, DC - December 8, 2011 - (RealEstateRama) -- President Obama today announced nearly $4 billion in combined federal and private sector energy upgrades to buildings over the next 2 years. These investments will save billions in energy costs, p...
The Boulder Group Completes Sale of Walgreens Ground Leased Property in Chicago
Northbrook, IL - December 8, 2011 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a ground leased Walgreens property located at 5105 N. Harlem Avenue in Chicago, IL for $1,197,183.
U.S. Green Building Council Welcomes New Board Directors
Washington, DC - December 8, 2011 - (RealEstateRama) -- The U.S. Green Building Council (USGBC) has announced the newly elected officers and new directors to its 2012 Board of Directors. At elections that closed in November, USGBC’s membership electe...
Changes in tax relief programs in effect; new deadline for tax appeals
L?HU„E, HI - December 8, 2011 - (RealEstateRama) -- County officials announced that changes in two of the county?s real property tax relief programs – the Circuit Breaker and Home Exemption programs – are now in effect.
Square Footage of LEED-Certified Existing Buildings Surpasses New Construction
Washington, DC - December 8, 2011 - (RealEstateRama) -- LEED-certified existing buildings are outpacing their newly built counterparts, according to the U.S. Green Building Council (USGBC). As of this month, square footage of LEED-certified existing ...
Nixon Peabody Partner Honored for Commitment to Affordable Housing Industry; Partner John Kelly Honored...
New York, NY - December 8, 2011 - (RealEstateRama) -- At the New York Housing Conference (NYHC) and the National Housing Conference (NHC) 38th Annual Awards Program, Nixon Peabody partner John L. Kelly was among the national and local affordable housin...
Alaska Housing Finance Corporation Celebrates 40th Anniversary
ANCHORAGE, AK - December 8, 2011 - (RealEstateRama) -- The state's official housing authority, Alaska Housing Finance Corporation (AHFC), is celebrating its 40th anniversary this year, marking a four-decade evolution built on a mission that includes pr...
VOIT REAL ESTATE SERVICES EXPANDS PRESENCE IN LAS VEGAS MARKET
LAS VEGAS, NV - December 8, 2011 - (RealEstateRama) -- Voit Real Estate Services has announced that based on the firm’s increasing number of Las Vegas team members, as well as its increasing number of brokerage, property management and asset manageme...
244,247-SF OFFICE PARK TRADES IN DELRAY BEACH
Delray Beach, FL - December 8, 2011 - (RealEstateRama) -- CBRE announced today the sale of The Arbors Office Park at 1615, 1625 & 1690 South Congress Avenue in Delray Beach to RexxHall Realty. LLC. The three-building office park totals 244,247 ren...
Obama Administration Releases November Housing Scorecard
WASHINGTON, DC - December 8, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the November edition of the Obama Administration's Housing Scorecard – a compreh...
New Jersey Leads Nation in Highest Average Mortgage Down Payment According to LendingTree.com
Charlotte, NC - December 8, 2011 - (RealEstateRama) -- With the housing market continuing to struggle and fewer consumers being able to purchase a new home or apartment, LendingTree.com, the nation’s leading online lender exchange and personal financ...
THE ISLES OF GATEWAY APARTMENT COMMUNITY SOLD FOR $16.82 MILLION
St. Petersburg, FL - December 8, 2011 - (RealEstateRama) -- CBRE announced today the sale of The Isles of Gateway, a 212-unit apartment community located in St. Petersburg’s Gateway submarket. Located at 10600 Fourth Street North, The Isles of Gatewa...
MBA Urges FHFA to Maintain Current Servicer Compensation Model
WASHINGTON, DC - December 8, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today filed a comment letter with the Federal Housing Finance Agency (FHFA) in response to its "Alternative Mortgage Servicing Compensation Discussion Paper,...
ADDRESSABLE DIMMING CONTROLS HELP BUILDINGS ACHIEVE LEED POINTS
DANVERS, MA - December 8, 2011 - (RealEstateRama) -- With today’s broad awareness that green buildings offer lower operating costs, increased value and improved ROI, the U.S. Green Building Council’s LEED® (Leadership in Energy and Environmental D...
MBA: Third Quarter Mortgage Banker Production Profits Improved with Higher Origination Volumes and Favorable...
WASHINGTON, DC - December 8, 2011 - (RealEstateRama) -- Independent mortgage banks and subsidiaries made an average profit of $1,263 on each loan they originated in the third quarter of 2011, up from $575 per loan in the second quarter of 2011, accordi...
DUMBO’S KIRKMAN LOFTS UNVEILS PENTHOUSE HOMES
NEW YORK, NY - December 8, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that, after much anticipation, four penthouses at Kirkman Lofts have been released on the market.
Regus Leases More Than 50,000 Square Feet At W&H’s 112 West 34th Street
NEW YORK CITY, NY - December 8, 2011 - (RealEstateRama) -- Regus, the world’s largest provider of flexible workplaces, has leased two full floors totaling 52,274 square feet at W&H Properties’ 112 West 34th Street, announces Anthony Malkin, pr...
Two Master-Planned Communities Outside of Atlanta Hope to Boost Development with Online Auction
Newport Beach, CA - December 8, 2011 - (RealEstateRama) -- In the suburbs about 25 miles outside of Atlanta sit two promising residential developments with an opportunity that many homebuilders, developers and real estate investors are finding difficul...
NeighborWorks Training Institute Welcomes Government Leaders
Washington, DC - December 8, 2011 - (RealEstateRama) -- Local and state housing and community economic development managers from around the U.S. are coming to Washington to take classes at the NeighborWorks Training Institute (NTI), one of the largest ...
Index Shows Continued Improvement for Apartment and Condominium Market
WASHINGTON, D.C. - December 8, 2011 - (RealEstateRama) -- The Multifamily Production Index (MPI), a leading indicator for the multifamily market, released by the National Association of Home Builders (NAHB) today showed continued improvement for the fi...
Peoria Town Center Re-development Bid Opportunity
Phoenix, AZ - December 8, 2011 - (RealEstateRama) -- Description: The City of Peoria, Arizona along with Sperry Van Ness is soliciting detailed proposals for the re-development of the Peoria Town Center. Proposals are being sought from fully-assembled ...
Total Mortgage Services Receives West Virginia Mortgage Lender License
MILFORD, CT - December 7, 2011 - (RealEstateRama) -- Total Mortgage Services, LLC, a leading mortgage lender, announced today that it received its West Virginia Mortgage Lender License from the West Virginia Division of Banking and is able to originate...
Attorneys General of California and Nevada Announce Mortgage Investigation Alliance
LOS ANGELES, CA - December 7, 2011 - (RealEstateRama) -- Attorneys General Kamala D. Harris of California and Catherine Cortez Masto of Nevada today announced that their states have entered into a joint investigation alliance designed to assist homeown...
9.6 Million in Low Income Housing Tax Credits Will Create Jobs, Help Michigan Residents...
LANSING, MI - December 7, 2011 - (RealEstateRama) -- The Michigan State Housing Development Authority (MSHDA) today announced that nearly 700 units of affordable rental housing will be built or renovated for low to moderate-income Michigan families, th...
Proper ID Required to Renew Real Estate License
December 7, 2011 - (RealEstateRama) -- Effective January 1, 2012, the Georgia “Illegal Immigration Reform and Enforcement Act of 2011” requires all applicants for real estate licensure or appraiser classification, and those applying for renewal of ...
Governor Bobby Jindal Announces the Reappointment of Eugene Montgomery to the Louisiana Citizens Property...
BATON ROUGE, LA - December 7, 2011 - (RealEstateRama) -- Today, Governor Bobby Jindal announced the reappointment of Eugene Montgomery to the Louisiana Citizens Property Insurance Corporation Board of Directors.
$5,000 contributed to Finally Home!® Homebuyer Education Program from Bank of America
BOISE, ID - December 7, 2011 - (RealEstateRama) -- Idaho Partners for Homebuyer Education, Inc. (IPHBE, Inc.), today announced that its Finally Home!® Homebuyer Education Program has received $5,000 in operating support from the Bank of America Charit...
Fannie Mae will survive
WASHINGTON, D.C. - December 7, 2011 - (RealEstateRama) -- Today, we will address what Fannie Mae is doing to help make realism the bedrock of a sustainable housing industry. As we settle into a new year, the housing market is still facing strong headwi...
