Marketing & Statistics

WASHINGTON D.C. - April 26, 2010 - (RealEstateRama) -- With many buyers rushing to take advantage of the federal home-buyer tax credit set to expire in April, sales of newly built single-family homes surged 26.9 percent in March to a seasonally adjusted annual rate of 411,000 units, the Commerce Department reported today. Sales increases were posted in all four regions of the country.

Albany, NY - April 23, 2010 - (RealEstateRama) -- The New York state housing market continued its strong start to 2010 compared to a year ago as first quarter sales were up nearly 18 percent compared to the 2009 first quarter, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.

LOS ANGELES, CA - April 23, 2010 - (RealEstateRama) -- Home sales increased 2.5 percent in March in California compared with the same period a year ago, while the median price of an existing home rose 20.8 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

New York, NY - April 23, 2010 - (RealEstateRama) --– Halstead Property Development Marketing today announced proven success in search engine marketing campaigns for real estate developments through its partnership with Ai Media Group

ORLANDO, FL - April 22, 2010 - (RealEstateRama) -- Florida’s existing home sales rose in March, which means that sales activity has increased in the year-to-year comparison for 19 months, according to the latest housing data released by Florida Realtors®.Existing home sales increased 24 percent last month with a total of 16,294 homes sold statewide compared to 13,090 homes sold in March 2009, according to Florida Realtors. Statewide existing home sales last month increased 37 percent over statewide sales activity in February. Also noteworthy: While March’s statewide existing-home median price of $137,000 was down from the same time a year ago, it was 4.3 percent higher than February’s statewide existing-home median price.

SPRINGFIELD, IL - April 22, 2010 - (RealEstateRama) -- The Illinois housing market posted its seventh consecutive month of year-over-year home sales increases in March as the spring market heats up and the April 30 federal homebuyer tax credit deadline nears. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in March 2010 were up 32.8 percent, totaling 9,487 homes sold compared to March 2009 sales of 7,142 homes. The median price in March 2010 was $148,500, down 0.3 percent from $149,000 in March 2009. The median is a typical market price where half the homes sold for more, half sold for less

New York, NY - April 21, 2010 - (RealEstateRama) -- 30,000 New York City apartment building workers won a tentative four-year agreement early this morning that provides nearly 10% in wage increases, maintains fully employer-paid family health care coverage and keeps pension benefits secure.

SACRAMENTO, CA - April 15, 2010 - (RealEstateRama) -- The pace of home sales at California new-home communities was once again notably lower than levels seen a year ago, the California Building Industry Association reported today

Edison, NJ - April 12, 2010 - (RealEstateRama) -- The New Jersey Association of REALTORS® (NJAR®) is proud to announce various endeavors to educate and empower New Jersey's consumers. Through its Helping Hands Towards Homeownership program, the NJAR® Housing Opportunity Foundation, Inc. (NJARHOF) will be partnering with TD Bank and HOMEcorp to present a financial literacy series on April 13th and April 20th at the Montclair Library.

New York, NY - April 12, 2010 - (RealEstateRama) -- With only seven days left until a possible citywide strike, thousands of New York City doormen and other apartment building workers will march and rally through the streets of the Upper East Side to demand a fair contract from the Realty Advisory Board, an industry association representing most building owners

BOSTON, MA - April 12, 2010 - (RealEstateRama) -- Boston Regional Challenge, a new report released today by the Urban Land Institute (ULI) Terwilliger Center for Workforce Housing, finds that the average working household in the Boston region spends over $34,000 a year – or 54 percent of their income – on the combined costs of housing and transportation.

West Babylon, NY - April 9, 2010 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc. released the March 2010 housing statistics for Long Island reporting a closed median home price of $350,000, which represents a 1.9% decrease from March 2009, and represents a 1.2% decrease from February 2010.

April 8, 2010 - (RealEstateRama) -- Among households with the lowest incomes, there are twice as many households as there are affordable rental units in Colorado. According to a report released today by the Department of Local Affairs' Division of Housing, there are 49 rental units affordable to every 100 households that earn $20,000 or less per year. The report assumes that households earning $20,000 can afford a monthly rent payment of $500, or 30 percent of monthly income.

BOSTON, MA - April 8, 2010 - (RealEstateRama) -- A former local attorney pled guilty in Suffolk Superior Court for his role in a complex scheme in which fraudulent documents were used to defraud homeowners and mortgage lenders in real estate transactions involving 26 distressed properties in the Greater Boston area. Bruce Namenson, age 47, of Walpole, pled guilty yesterday to charges of Larceny over $250 (18 Counts), Making or Publishing False or Exaggerated Statements (9 Counts), and False Written Reports by Public Officer or Employee (4 Counts). After the plea was entered, Superior Court Judge Carol Ball sentenced Namenson to serve 2 years in the House of Correction, one year to serve, with the balance suspended for 3 years.

TALLAHASSEE, FL - April 6, 2010 - (RealEstateRama) -- Florida Realtors® has announced the findings of its unique Face of Foreclosure research project, designed to study the impact of foreclosures on both the Florida housing market and on individual Florida homeowners facing foreclosure. The project’s goal was to develop in-depth information on the causes of foreclosures in Florida, which in turn will help lawmakers as they work on crafting legislation on this complex issue.

WALTHAM, MA - April 6, 2010 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that despite the record rain last month, the number of single-family homes put under agreement in March was up 27 percent over the same time last year, while condominiums were up 38 percent. March marks the ninth straight month that the number of both single-family homes and condominiums put under agreement had increased over the year before.

WALTHAM, MA - April 6, 2010 - (RealEstateRama) -- REALTORS® across Massachusetts and the country will be hosting open houses as part of the first-ever REALTOR® Nationwide Open House Weekend on April 10-11. With favorable market conditions and the availability of homebuyer tax credits, buyers will have the opportunity to tour an increased number of open houses in their desired communities. Participating open houses will be marked with blue REALTOR® “R” balloons and be listed

Leesburg, VA - April 2, 2010 - (RealEstateRama) -- Loudoun County is pleased to announce a new free “Post-Purchase Counseling” seminar to give recent homebuyers and prospective home purchasers an opportunity to explore topics often not covered by their lender or realtor.

CHARLOTTE, N.C., March 30 /PRNewswire-FirstCall/ — Cogdell Spencer Inc. (NYSE: CSA) announced today that it will release first quarter earnings after the market closes on Thursday, May 6, 2010.  Cogdell Spencer Inc. invites you to attend the First Quarter 2010 Conference Call on Friday, May 7, 2010 at 10:00 a.m. (Eastern Daylight Time).  

Home sales up for eight consecutive months WALTHAM, MA - March 31, 2010 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that median prices of single-family homes were up 7.7 percent compared to February 2009 while condominiums were up 12.8 percent compared to the same time last year. Home sales have now increased for eight straight months and were up 14.3 percent compared to the same time last year while condominium sales were up 14.8 percent

New York, NY - March 30, 2010 - (RealEstateRama) -- The Federal Reserve Bank of New York today released Bypassing the Bust: The Stability of Upstate New York’s Housing Markets during the Recession—the latest article in its series Second District Highlights.

March 29, 2010 - (RealEstateRama) -- U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan recently announced that HUD is awarding $10 million in Recovery Act funding to the Delaware State Housing Authority (DSHA) under the second round of HUD’s Neighborhood Stabilization Program (NSP). The NSP grants are part of $2 billion awarded nationwide to local communities and nonprofit housing developers to combat the effects of vacant and abandoned homes while creating jobs. Funded through the American Recovery and Reinvestment Act of 2009, this round of NSP grants is being awarded competitively to applicants who developed the most innovative ideas to address the impact the housing crisis has had on local communities, while demonstrating that they have the capacity to be responsible stewards of taxpayer dollars

BEDFORD, N.H. - March 29, 2010 - (RealEstateRama) -- New Hampshire Housing Finance Authority recently named its 2009 top 10 loan originators.

SACRAMENTO, CA - March 26, 2010 - (RealEstateRama) -- California homebuilders said the $10,000 tax credit for purchasers of new homes and for first-time purchasers of existing homes will help jump-start the homebuilding industry, create jobs and provide a much-needed boost to the state’s economy

Cleveland, OH - March 25, 2010 - (RealEstateRama) -- With 3,800 members strong, the Cleveland Area Board of REALTORSR (CABOR) is poised and ready to help homebuyers take advantage of federal tax credits worth up to $8,000 for first-time buyers and $6,500 for repeat buyers. CABOR members are making sure house hunters have what they need to close a deal

LANSING, MI - March 25, 2010 - (RealEstateRama) -- The Office of Financial and Insurance Regulation (OFIR), the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR) today announced a settlement with CitiFinancial regarding the firm’s failure to report 91,127 residential mortgage loans, including more than 4,000 in Michigan, to the federal government as required by the Home Mortgage Disclosure Act (HMDA). The settlement requires CitiFinancial to pay a $63,457 penalty to the State of Michigan, which will be put into the Mortgage Brokers, Lenders, and Servicers Licensing Act Fund and used to support OFIR’s mortgage examination and licensing programs

New York, NY - March 25, 2010 - (RealEstateRama) -- A new report released today by NYU’s Furman Center for Real Estate and Urban Policy provides an in-depth look at the City’s recent building boom. The report, the State of New York City’s Housing and Neighborhoods 2009, also examines the state of mortgage lending in the City, highlights the state of immigrant New Yorkers and immigrant neighborhoods, and provides detailed data on housing and demographic trends in each of the City’s 59 community districts.

Albany, NY - March 24, 2010 - (RealEstateRama) -- The New York state housing market continued to post double-digit sales gains compared to a year ago as February 2010 sales jumped 13.2 percent compared to February 2009, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.

SACRAMENTO, CA - March 24, 2010 - (RealEstateRama) -- Total housing starts in California continued to rise in February, but a downturn in single-family permits signaled that a housing recovery has yet to materialize and prompted industry officials to applaud lawmakers for quickly passing a new homebuyer tax credit program, the California Building Industry Association announced today

LOS ANGELES, CA - March 23, 2010 - (RealEstateRama) -- Home sales decreased 11.7 percent in February in California compared with the same period a year ago, while the median price of an existing home rose 14.1 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today