Marketing & Statistics

Marketing & Statistics

Housing Crisis Deepens: Legislative Action Needed Immediately

COLUMBUS, OH - November 19, 2009 - (RealEstateRama) -- Record breaking foreclosure filings and delinquency rates in Ohio were reported today by the Mortgage Bankers Association, confirming assertions by foreclosure reform advocates that the housing crisis is deepening, and prompting calls for the Ohio Senate to begin hearings on reform legislation.

Proposed property tax levies for 2010 increase by average of 3.5 percent statewide

Saint Paul, MN - November 19, 2009 - (RealEstateRama) -- Property tax levies will increase an average of 3.5 percent statewide if proposed local tax levies are adopted later this year, the Minnesota Department of Revenue announced today. This compares to last year’s increase of 5.6 percent and an average increase of 6.9 percent during the past three years.

California New-Home Sales Down Again in September, CBIA Announces

SACRAMENTO, CA - November 13, 2009 - (RealEstateRama) -- New-home sales in California continued to remain below levels seen a year ago, but the year-over-year declines have continued to shrink, the California Building Industry Association reported today

Entry-level housing affordability reaches 64 percent

C.A.R. reports entry-level housing affordability reached 64 percent in the third quarter of 2009. LOS ANGELES, CA - November 13, 2009 - (RealEstateRama) -- The percentage of households that could afford to buy an entry-level home in California stood at 64 percent in the third quarter of 2009, compared with 55 percent (revised) for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

Florida’s Existing Home, Condo Sales Rise in 3Q 2009

ORLANDO, FL - November 10, 2009 - (RealEstateRama) -- Sales of existing single-family homes in Florida rose 33 percent in third quarter 2009 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. A total of 44,345 existing homes sold statewide in 3Q 2009; during the same period the year before, a total of 33,311 existing homes sold. It marks the fifth consecutive quarter that Florida has seen higher existing year-to-year home sales, according to the state association.Statewide sales of existing condominiums in the third quarter rose 56 percent compared to the same time the previous year. This marks the fourth consecutive quarter for increased statewide sales in both the existing home and condo markets compared to year-ago levels

Home Buyer Tax Credit Fuels Long Island Home Sales

West Babylon, NY - November 10, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc. (MLSLI) released the October 2009 housing statistics for Long Island that reported a $360,200 closed median home price for Nassau, Suffolk and Queens County.

Wisconsin Home Sales Up in Third Quarter as Median Prices Moderate

MADISON, WI - November 10, 2009 - (RealEstateRama) -- Wisconsin home sales increased for the first time since the recession began nearly two years ago, according to data reported by the Wisconsin REALTORS® Association (WRA).

Weichert Sees Expanded Tax Credit As a Final Step to a Healthy Market

MORRIS PLAINS, N.J. - November 10, 2009 - (RealEstateRama) -- Nearly two years ago, James M. Weichert, president and founder of Weichert, Realtors, began calling upon Congress for a homebuyer tax credit that he felt would help repair the struggling national economy.

Illinois Third Quarter Home Sales a Bright Spot in 2009 Statewide Median Price at...

SPRINGFIELD, IL - November 9, 2009 - (RealEstateRama) -- The first-time buyer tax credit built third-quarter momentum as home sales marked the first positive year-over-year increase in more than three years while price declines moderated but continued to be influenced by entry-level and distressed sales, according to the Illinois Association of REALTORS® (IAR). Statewide home sales (which include single-family and condominiums) totaled 32,460, up 0.3 percent from 32,358 home sales in the third quarter of 2008. The third quarter median home sale price was $165,000, down 12.9 percent from $189,500 in the third quarter of 2008. The median is a typical market price where half the homes sold for more, half sold for less.

MassHousing Honors 89 Property Management Companies for Commitment to Minority and Women-Owned Businesses in...

WinnResidential top performer for seventh year; Maloney Properties, United Housing Management and Peabody Properties also cited for multi-million dollar efforts. BOSTON, MA - November 2, 2009 - (RealEstateRama) -- MassHousing recently recognized the efforts of 89 property management companies that make a concerted effort to do business with Minority and Women-Owned Businesses (M/WBEs). WinnResidential Management, which manages 85 MassHousing-financed properties, was the top performer for the seventh year in a row.

Massachusetts Home Sales Up for Third Consecutive Month

WALTHAM, MA - October 27, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales increased for the third straight month compared to the same time last year. Median prices were down only 1.7 percent compared to September 2008, while condominium median prices were up 1.7 percent. For the fourth month in a row, the number of pending sales (homes put under agreement in September) was up seven percent from the same time last year.

Massachusetts Home Sales Up for Third Consecutive Month

WALTHAM, MA - October 27, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales increased for the third straight month compared to the same time last year. Median prices were down only 1.7 percent compared to September 2008, while condominium median prices were up 1.7 percent. For the fourth month in a row, the number of pending sales (homes put under agreement in September) was up seven percent from the same time last year.

September sales and price report

LOS ANGELES, CA - October 26, 2009 - (RealEstateRama) -- Home sales increased 2.1 percent in September in California compared with the same period a year ago, while the median price of an existing home declined 7.3 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

New-Home Construction Dips in September, CBIA Announces

SACRAMENTO, CA - October 26, 2009 - (RealEstateRama) -- New-home construction dipped again in September leading California homebuilders to strengthen the call for the Legislature to extend the successful homebuyer tax credit, the California Building Industry Association announced today

Illinois Home Sales Show First Increase in Over Three Years Statewide Median Price at...

SPRINGFIELD, IL - October 26, 2009 - (RealEstateRama) -- Statewide Illinois home sales increased year-over-year in the month of September for the first time since March 2006 with first-time buyers driving the rebound in sales. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in September 2009 reached 10,350 homes sold, up 3.3 percent from September 2008 sales of 10,018. The Illinois median price in September 2009 was $160,000 down 9.3 percent from $176,450 in September 2008. The median is a typical market price where half the homes sold for more, half sold for less.

“IHM Announces Opening of New York City Office at BITAC”

San Diego, CA - October 19, 2009 - (RealEstateRama) -- Sunday, October 18, 2009 John Glen DiGuiseppe, President/CEO of Investors Hospitality Management, the USA’s first sustainable third-party revenue management and ownership services company, announced at BITAC™ Purchasing and Design West 2009’s San Diego conference today the opening of its New York City office at 1385 York Ave, Suite 3A, New York, NY 10021.

U.S. CONGRESSMAN AL GREEN SUPPORTS HOUSE RESOLUTIONS EXPRESSING CONDOLENCES AFTER NATURAL DISASTERS IN THE...

Washington, DC - October 15, 2009 - (RealEstateRama) -- Yesterday Congressman Al Green (TX-09) delivered a statement in the House of Representatives expressing his support for three House Resolutions that convey condolences and solidarity to the people of the Philippines, Samoa, American Samoa and Indonesia, due to the natural disasters that have struck these nations in the past few weeks.

CALIFORNIA ASSOCIATION OF REALTORS® releases annual “Use of Technology Survey”

SAN JOSE - October 7, 2009 - (RealEstateRama) -- Forty-six percent of California REALTORS® surveyed report they use some type of social networking Web site to stay on top of trends in their business, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) annual “Use of Technology Survey,” released today at Tech Tuesday. The most popular social networking site among REALTORS® surveyed was LinkedIn (34 percent), followed by YouTube (13 percent) and MySpace (12 percent).

Governor Corzine Announces Ten-Fold Increase in Solar Energy Installations Since 2006

NEW BRUNSWICK, NJ - October 5, 2009 - (RealEstateRama) -- Governor Jon S. Corzine today announced that solar energy installations in New Jersey increased ten-fold since 2006.

Governor Douglas Names New Commissioner of the Department of Housing, Economic and Community Development

Montpelier, Vt. - October 2, 2009 - (RealEstateRama) -- Governor Jim Douglas today announced the appointment of Tayt Brooks as Commissioner of the Department of Housing, Economic and Community Development.

Top mortgage loan originators, FY09

BURLINGTON, VT - October 1, 2009 - (RealEstateRama) -- Vermont Housing Finance Agency is pleased to announce its top mortgage loan originators for fiscal year 2009

Homes Put Under Agreement in August up for the Third Straight Month

August home sales at 2008 levels. WALTHAM, MA - September 29, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that the number of pending sales (homes put under agreement in August) was up 6.0 percent from the same time last year – the third straight month of year-over-year gains. Sales of single-family homes were virtually the same compared to August of last year (up 0.4 percent), while condominium sales were down 3.5 percent. Median prices continue to be at their highest point in 2009.

More Than 8,000 New Yorkers Have Taken Advantage of the Credit, Saving Nearly $4...

Washington, DC - September 24, 2009 - (RealEstateRama) -- U.S. Senator Kirsten Gillibrand co-sponsored legislation today that would extend the $8,000 tax credit for first-time homebuyers for another six months.

Florida’s Existing Home, Condo Sales Up in August 2009

ORLANDO, FL - September 24, 2009 - (RealEstateRama) -- Florida’s existing home sales rose in August – marking a full calendar year (12 months) that sales activity increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®.Existing home sales rose 28 percent last month with a total of 13,850 homes sold statewide compared to 10,813 homes sold in August 2008, according to Florida Realtors. The state association also reported a 45 percent increase in last month’s statewide sales of existing condos compared to the previous year’s sales figure

Bureau of Financial Institutions’ Survey Shows Modest Upward Trend in Foreclosures at Maine Banks...

Professional & Financial Regulation - Financial Institutions. September 21, 2009 - (RealEstateRama) -- Superintendent Lloyd P. LaFountain, III announced this week that recently completed analysis by the Bureau of Financial Institutions of second quarter 2009 data submitted by Maine-chartered banks and credit unions shows a continuing modest increase in home foreclosures in Maine.

C.A.R. survey on impact of federal tax credit

Nearly 40 percent of first-time home buyers report federal tax credit played critical role in decision to purchase a home. LOS ANGELES, CA - September 21, 2009 - (RealEstateRama) -- Nearly 40 percent of first-time home buyers said they would not have purchased a home if the federal tax credit for first-time home buyers was not offered, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2009 First-time Home Buyers Tax Credit Survey.” Understanding the significance of the federal tax credit to the housing market’s recovery, C.A.R. surveyed 200 California first-time home buyers to gauge the impact it had on their purchase decisions

August Long Island Home Sales Show Signs of Recovery as Annual Price Comparison Gaps...

W. Babylon, NY - September 18, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc. released the August 2009 housing figures that reported a $385,000 closed median home price for Long Island, the highest reported since October 2008.

August Long Island Home Sales Show Signs of Recovery as Annual Price Comparison Gaps...

W. Babylon, NY - September 18, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc. released the August 2009 housing figures that reported a $385,000 closed median home price for Long Island, the highest reported since October 2008.

Biondi On Jump In Foreclosure Filings: Corzine Out Of Touch With Middle Class

Trenton, NJ - September 9, 2009 - (RealEstateRama) -- Assembly Republican Conference Leader Pete Biondi issued the following statement in response to a Star Ledger report today that residential foreclosure complaints in New Jersey increased 43 percent in July over the same month last year:

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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