Marketing & Statistics

May 17, 2011 - (RealEstateRama) -- Loudoun County Treasurer H. Roger Zurn Jr. reminds taxpayers that the deadline for payment of the first half business tangible personal property tax is Monday, June 6, 2011.

WASHINGTON, D.C. - May 17, 2011 - (RealEstateRama) -- Nationwide housing starts fell 10.6 percent in April to a seasonally adjusted annual rate of 523,000 units as concerns regarding competition from foreclosures, a lack of consumer confidence in the housing market and the inability to secure production credit caused builders to slow production, according to newly released figures from the U.S. Commerce Department.“While mortgage rates are low and house prices are as affordable as they’ve been in a generation, the decline in April’s housing starts is indicative of the low level of confidence that consumers have in the housing market,” said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev.

CHICAGO, LONDON, SINGAPORE - May 17, 2011 - (RealEstateRama) -- Jones Lang LaSalle’s second quarter 2011 Global Market Perspective, which assesses the impact of economic forces on the world’s major real estate markets, predicts this year will be the strongest performance and real estate trade volume since the market height of 2007.

Miami, FL - May 17, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. has been named to the FORTUNE 500 list of the largest U.S.-based companies for the fourth straight year. CB Richard Ellis is the only commercial real estate services firm ever to be included in the FORTUNE 500.

Edison, NJ - May 17, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), a national mortgage lender based in River Edge, N.J., is pleased to announce the launch of Menlo Park Funding, a new branch opportunity for select independent brokers and bankers. Menlo Park Funding will be the fourth business channel in REMN’s existing wholesale, retail and consumer direct divisions.

LOS ANGELES, CA - May 16, 2011 - (RealEstateRama) -- California home sales declined in April, while home prices increased, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

WEST ORANGE, N.J. - May 16, 2011 - (RealEstateRama) -- Two months after introducing “The Maisonette”, an exclusive residence at the luxury community of Vizcaya that combines the best aspects of brownstone and penthouse living, the homes have been met with rave reviews by homebuyers looking for the right mix of elegance, convenience and amenities.

COLUMBIA, S.C. - May 16, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its April 2011 Market Reports. The final month of year-over-year comparison to last year's tax incentive market is upon us. It bears repeating that April 2010 enjoyed uniquely strong activity due to the approaching credit deadline. New Listings in the state of South Carolina decreased 23.3 percent to 9/154. Pending Sales were down 37.9 percent to 4,008. Inventory levels shrank 7.0 percent to 57,680 units - a positive trend that should preserve market balance.

NEW YORK, NY - May 12, 2011 - (RealEstateRama) -- ING Clarion Partners, a leading real estate investment management organization, has acquired 44 Berry Street in the Williamsburg neighborhood of Brooklyn for $27 million, it was announced today. The property, a 54,000 square foot, six-story, 42-loft unit apartment building includes six retail businesses on the ground floor and is fully leased.

Las Vegas, NV - May 12, 2011 - (RealEstateRama) -- Statistics released today by the Greater Las Vegas Association of REALTORS® (GLVAR) show an increased number of local homes sold in April compared to one year ago.

WASHINGTON, D.C. - May 12, 2011 - (RealEstateRama) -- Builder confidence in the 55+ housing market was markedly more upbeat in the first quarter of 2011 for apartment production and demand than for sales of single-family or condominium homes, according to a new survey released by the National Association of Home Builders (NAHB).The NAHB’s expected demand index for 55+ multifamily rental units rose 10 points, to 44, from a year earlier, while the 55+ Housing Market Indices for single-family units and condos declined 2 and 3 points, down to 17 and 8, respectively.

WASHINGTON, D.C. - May 11, 2011 - (RealEstateRama) -- Mortgage applications increased 8.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 6, 2011.

Hoboken, NJ - May 11, 2011 - (RealEstateRama) -- There is one quality that people consistently mention when they talk about the best active adult residences in New Jersey: a strong sense of community. Having an active social life and plenty of recreational opportunities is something that distinguishes The Club at Autumn Ridge, a luxury adult rental community in Union Township, NJ.

JERSEY CITY, NJ - May 11, 2011 - (RealEstateRama) -- Memorial Day weekend signifies the official start of summer for many and residents of Crystal Point in downtown Jersey City are gearing up for the warmer temperatures and anxiously awaiting the debut of the 42-story condominium building’s Manhattan-style outdoor amenities.

SPRINGFIELD, IL - May 10, 2011 - (RealEstateRama) -- Illinois home sales in the first quarter of 2011 reflect the variety of housing opportunities available at attractive prices across the state with close to 70 percent of homes sold priced below $200,000. According to the Illinois Association of REALTORS® (IAR) first quarter 2011 report, Illinois home sales (which include single-family homes and condominiums) totaled 18,940 in the first quarter, down 11.2 percent from 21,320 home sales in the same period a year ago while up significantly by 24.0 percent from the same period in 2009 when just 17,194 homes were sold. The first quarter statewide median home sale price was $131,175, down 8.9 percent from $144,000 in the first quarter of 2010. The median is a typical market price where half the homes sold for more, half sold for less.

ORLANDO, FL - May 10, 2011 - (RealEstateRama) -- Florida’s existing home and existing condo sales rose in first quarter 2011 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. Existing home sales increased 13 percent in 1Q 2011 with a total of 44,531 homes sold statewide; during the same period the year before, a total of 39,406 homes changed hands according to Florida Realtors.

Los Angeles, CA - May 10, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. has been named to the FORTUNE 500 list of the largest U.S.-based companies for the fourth straight year. CB Richard Ellis is the only commercial real estate services firm ever to be included in the FORTUNE 500.

CHICAGO, IL - May 10, 2011 - (RealEstateRama) -- According to the REAL Trends Top 500 Report recognizing the top real estate companies in the country, Leading Real Estate Companies of the World® once again was named the highest-producing network in terms of total sales for 2010 among this elite top 500 group of companies.

Washington, DC - May 10, 2011 - (RealEstateRama) -- Existing-home sales continued to recover in the first quarter with gains recorded in 49 states and the District of Columbia, while 22 percent of the available metropolitan areas saw prices rise from a year ago, according to the latest survey by the National Association of Realtors®.

BROOKLYN, NY - May 5, 2011 - (RealEstateRama) -- FasTracKids will soon become the first retailer to open for business at Arias Park Slope as the early childhood learning center is gearing up for an anticipated July 1st grand opening at the new luxury rental building in Brooklyn’s Park Slope neighborhood.

Washington, DC - May 5, 2011 - (RealEstateRama) -- First quarter 2011 commercial and multifamily mortgage originations were 89 percent higher than during the same period last year and 25 percent lower than during the fourth quarter of 2010, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. The decrease from fourth quarter 2010 reflects the industry’s usual push to finalize deals before the end of the year, and subsequent drop-offs in first quarter numbers.

WESTLAKE VILLAGE, CA - May 4, 2011 - (RealEstateRama) -- Home improvement store shoppers are more satisfied with store facilities, merchandise and pricing in 2011, compared with 2010, according to the J.D. Power and Associates 2011 U.S. Home Improvement Retailer Satisfaction Study^SM released today.

WASHINGTON, D.C. - May 4, 2011 - (RealEstateRama) -- Mortgage applications increased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 29, 2011.

MONMOUTH JUNCTION, N.J. - May 3, 2011 - (RealEstateRama) -- With more and more home buyers in active adult communities requesting upgrades for their new homes, The Pointe at Turnbury has decided to make several quick-delivery homes with more than $15,000 worth of upgrades available at almost no additional cost to home buyers

Phuket, Thailand - May 3, 2011 - (RealEstateRama) -- Following a series of delays over the last two years, construction of the new International terminal at Phuket International Airport is now scheduled to get underway at the beginning of November.

MORRISTOWN, N.J - May 2, 2011 - (RealEstateRama) -- When Eldon and Fern Priestley toured one of the penthouse residences at 40 Park in downtown Morristown they knew it was the perfect change for them. The Priestleys were getting tired of maintaining their large home in Mendham and they wanted more time to travel the world. In addition, they saw that they could change the style of their home without sacrificing much living space

Washington, DC - April 28, 2011 - (RealEstateRama) -- March saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the National Association of Realtors®.

WASHINGTON, D.C. - April 28, 2011 - (RealEstateRama) -- According to the National Association of Home Builders' (NAHB) Remodeling Market Index (RMI), the remodeling market is heading into recovery with an increase to 46.5 in the first quarter of 2011 from 41.5 in the fourth quarter of 2010. This marks the highest level for the RMI since the fourth quarter of 2006. An RMI below 50, however, indicates that still more remodelers report market activity is lower (compared to the prior quarter) than report it is higher.

Chicago, IL - April 28, 2011 - (RealEstateRama) -- First quarter home sales and median home prices in the seven-county metropolitan Chicago real estate market both registered declines of 11 percent when compared to the same period in 2010, but those figures don’t tell the whole story, according to an analysis by the RE/MAX Northern Illinois real estate estate network.

SACRAMENTO, CA - April 26, 2011 - (RealEstateRama) -- Total housing starts in California, as measured by the number of building permits issued, climbed 9 percent in March on the strength of the multifamily sector, the California Building Industry Association announced today.