Marketing & Statistics

Marketing & Statistics

Health of Housing Market Hinges on Access to Credit, Builders Tell Congress

WASHINGTON, D.C. - March 10, 2011 - (RealEstateRama) -- An improving job market should help boost home sales and housing production later this year, but the ongoing problems that builders are facing in acquiring construction credit threatens to significantly slow the fragile housing recovery, the National Association of Home Builders (NAHB) told Congress today.

BAKER RESIDENTIAL TO SHOWCASE POPULAR QUICK DELIVERY HOMES DURING SPECIAL BUYER EVENT AT THE...

DANBURY/BETHEL, CT. - March 10, 2011 - (RealEstateRama) -- Homebuyers interested in receiving a closer look at the limited selection of “Quick Delivery” homes available at The Villages at Timber Oak will have the chance to do just that when community’s developer, Baker Residential, hosts a day of special tours at the suburban residential community rising in the Fairfield County towns of Danbury and Bethel

RESIDENTS OF THE SAVANNAH ENJOY SAFETY AND LUXURY OF VIBRANT DOWNTOWN WESTFIELD

WESTFIELD, N.J. - March 9, 2011 - (RealEstateRama) -- When Westfield residents Arlene and Donald Roden started their search for a new home, they had a difficult time finding one that was the right fit for them

Industry Veteran Perry GraBois Joins Metro Commercial Real Estate

Mount Laurel, NJ - March 9, 2011 - (RealEstateRama) -- Metro Commercial Real Estate, Inc. is pleased to announce that Perry S. GraBois has joined its full-service brokerage team where he will expand the firm’s presence in Central and Northern New Jersey.

The Counselors of Real Estate Presents Perspectives About U.S. Real Estate Market at MIPIM...

CHICAGO, IL - March 9, 2011 - (RealEstateRama) -- At a time when the world is searching for facts about the stability of property markets, The Counselors of Real Estate professional association will offer an unbiased and realistic view of the U.S. property markets this week at MIPIM. MIPIM, held in Cannes, France, is the world's largest global real estate conference

SALMANSON CAPITAL ACQUIRES OFF-CAMPUS STUDENT HOUSING NEAR UNIVERSITY OF NEBRASKA FOR $7.65 MILLION

MANHATTAN, NY - March 9, 2011 - (RealEstateRama) -- Salmanson Capital, LLC, a Manhattan-based real estate firm that specializes in the acquisition and repositioning of student housing assets, has acquired an off-campus student housing complex serving U...

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - March 9, 2011 - (RealEstateRama) -- Mortgage applications increased 15.5 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 4, 2011.

CBRE’s Leading Market Share in Florida Supported by Fortune’s Roster Most Admired Companies

Tampa, FL - March 9, 2011 - (RealEstateRama) -- CB Richard Ellis Group Inc. (CBRE) has been named to the annual roster of the Most Admired Companies in the U.S. real estate industry compiled by Fortune magazine. “CBRE’s inclusion as one of the real estate industry’s most admired companies supports our leadership in the market,” says Mary Jo Eaton, CBRE senior managing director for Florida. On average, CBRE’s market share is twice that of the nearest competitor for the top office and industrial transactions in Florida

CARDIN INTRODUCES BILL TO REDUCE EXCESSIVE INTEREST PAYMENTS ON FHA-BACKED HOME MORTGAGES

WASHINGTON, DC - March 8, 2011 - (RealEstateRama) -- U.S. Senator Ben Cardin (D-MD) has introduced legislation that would prohibit banks and other lenders from charging interest payments through the end of the month on loans that have been paid off earlier. Currently, Federal Housing Administration (FHA) regulations allow lenders to collect interest from homeowners through the end of the month, even if the homeowner has paid off the loan earlier in the month.

LUXURY LIFESTYLE DRAWS MOTHER, DAUGHTER TO VIZCAYA

WEST ORANGE, N.J. - March 8, 2011 - (RealEstateRama) -- Heidi Katz, a professional and single mother, woke up in the five-bedroom Colonial in Livingston where she lived with her daughter Steffanie, 17, and uttered two words to herself: “I’m done."

LENNAR KICKS OFF MONTH OF SAVINGS WITH A ST. PATRICK’S WEEKEND EVENT AT GREENBRIAR...

FREEHOLD, N.J. - March 8, 2011 - (RealEstateRama) -- Lennar is turning March into a month of incredible savings for active adult buyers starting with a special St. Patrick's Day Weekend event this weekend, Saturday and Sunday, March 12th and 13th, at its Greenbriar residential communities in New Jersey.

New York 2011-03-04 07:45:45

TOWN OF WALLKILL, N.Y. - March 4, 2011 - (RealEstateRama) -- Less than 25 homes remain available at Woodside Knolls, giving interested buyers limited opportunity to become a part of Orange County’s fastest-selling new residential community

IMMEDIATE OCCUPANCY HOMES DRAW INTEREST AT BELVIEW ESTATES IN LOPATCONG TWP.

LOPATCONG, N.J. - March 3, 2011 - (RealEstateRama) -- Homebuyers are expressing great interest in the “Immediate Occupancy” homes available at Belview Estates, the intimate collection of upscale single-family residences in Warren County’s Lopatcong Township.

2010 VALLEY GOES PINK! CANCER WALK CONTRIBUTES TO THE MOST SUCCESSFUL FUNDRAISING YEAR ON...

CLIFTON, N.J. - March 3, 2011 - (RealEstateRama) -- 2010 proved to be the most successful year on record for the Cure Breast Cancer Foundation, which recorded the highest fundraising totals in its history

MBA: Commercial and Multifamily Mortgage Delinquency Rates Remain Low for Life Companies, Fannie and...

WASHINGTON, D.C. - March 3, 2011 - (RealEstateRama) -- During the fourth quarter of 2010, commercial and multifamily mortgage delinquency rates remained low for life insurance companies, Fannie Mae and Freddie Mac; fell for banks and thrifts for the first time since the 2006 and rose slightly for loans held in commercial mortgage backed securities (CMBS), according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.

30-Year Fixed-Rate Mortgage Drops for Third Consecutive Week

McLean, VA - March 3, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey®(PMMS®), which shows a drop in long-term fixed rates for the third consecutive week.

BAKER RESIDENTIAL TO HIGHLIGHT WOODSIDE KNOLLS LIMITED INVENTORY OF QUICK DELIVERY HOMES ON SATURDAY,...

TOWN OF WALLKILL, N.Y. - March 3, 2011 - (RealEstateRama) -- Less than 25 homes remain available at Woodside Knolls, giving interested buyers limited opportunity to become a part of Orange County’s fastest-selling new residential community

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - March 2, 2011 - (RealEstateRama) -- Mortgage applications decreased 6.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 25, 2011. The results do not include an adjustment for the Presidents’ Day holiday

California Housing Production Dips in January, CBIA Announces

SACRAMENTO, CA - March 1, 2011 - (RealEstateRama) -- California homebuilders pulled permits for fewer new homes in January when compared to the same month a year earlier, the California Building Industry Association announced today.

Home Values Decline in Fourth Quarter

McLean, VA - March 1, 2011 - (RealEstateRama) -- Freddie Mac (OTC:FMCC) announced today the results of its fourth quarter Conventional Mortgage Home Price Index (CMHPI).

RETIRED DERMATOLOGISTS MAKE BIG MOVE TO 40 PARK PENTHOUSE

MORRISTOWN, N.J - February 28, 2011 - (RealEstateRama) -- When Doctors Stephen and Marie Rozan decided it was time to move from their four-bedroom Colonial in Mendham to a more convenient location, their first thought was Morristown. The retired dermatologists operated their business, Affiliated Dermatology, at the corner of South and Elm Streets for years, so they were already familiar with Morristown’s vibrant downtown, gourmet restaurants and picturesque setting. They knew that they wanted Morristown to be a part of their lifestyle even after their retirement

Hampton’s Taxable Property Value Drops 1.7%

February 28, 2011 - (RealEstateRama) -- The Hampton Office of the Assessor of Real Estate has assessed all real property in the City of Hampton based on the fair market value as of January 1, 2011. The total taxable value of all property is $11,022,740,100 (down 1.7 percent from FY2011)

Fannie Mae’s Latest National Housing Survey Shows Key Changes in Americans’ Attitudes Toward Housing...

WASHINGTON, DC - February 28, 2011 - (RealEstateRama) -- Fannie Mae's latest national housing survey finds that Americans are more confident about the stability of home prices than they were at the beginning of 2010, even though they lack confidence in the strength of the economy:

Pending Home Sales Decline in January

Washington, DC - February 28, 2011 - (RealEstateRama) -- Pending home sales eased moderately in January for the second straight month, but remain 20.6 percent above the cyclical low last June, according to the National Association of Realtors

Commercial Real Estate Vacancy Rates to Decline but Rent Recovery Delayed

Washington, DC - February 25, 2011 - (RealEstateRama) — A stabilization trend is taking place in commercial real estate sectors, but in most markets rent will remain soft except for multifamily rentals, according to the National Association of Realtors®.

Bankrate: Mortgage Rates Down 2 Weeks in a Row

NEW YORK, N.Y. - February 24, 2011 - (RealEstateRama) -- Mortgage rates retreated further this week, with the benchmark conforming 30-year fixed mortgage rate dropping back to 5.09 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.45 discount and origination points

Florida’s Existing Home, Condo Sales Up in January 2011

ORLANDO, FL - February 24, 2011 - (RealEstateRama) -- Florida’s existing home and existing condo sales rose in January, according to the latest housing data released by Florida Realtors®. Existing home sales increased 14 percent last month with a total of 12,151 homes sold statewide compared to 10,702 homes sold in January 2010, according to Florida Realtors. January’s statewide sales of existing condos rose 36 percent compared to the previous year’s sales figure.Seventeen of Florida’s metropolitan statistical areas (MSAs) reported increased existing home sales in January; 16 MSAs had higher condo sales.

30-Year Fixed-Rate Mortgage Eases Just Below 5 Percent

McLean, VA - February 24, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which shows a drop in long-term fixed rates this week.

SEC Charges Former Treasurer of Major Mortgage Lender for Role in Securities Fraud and...

Washington, D.C. - February 24, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today charged the former treasurer of the one-time largest non-depository mortgage lender in the country with aiding and abetting a $1.5 billion securities fraud scheme and an attempt to scam the U.S. Treasury's Troubled Asset Relief Program (TARP)

New-Home Sales Decline 12.6 Percent in January

WASHINGTON, D.C. - February 24, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes declined 12.6 percent to a seasonally adjusted, annual rate of 284,000 units in January, according to newly released figures from the U.S. Commerce Department. The decline largely offsets a big gain in sales activity that was recorded in the previous month due partly to an expiring tax break in California."While poor weather conditions likely played a part in keeping potential buyers on the sidelines this January, we do expect consumer demand to improve somewhat along with job-market gains heading into the spring buying season," noted Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev.

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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