Press Releases

Press Releases

SELLING YOUR FIRST PLACE? Then HGTV is looking for you!

Los Angeles, CA - September 27, 2010 - (RealEstateRama) -- We are looking for fun, high-energy people who are just starting the process of selling their first place! Our cameras will be there to capture all the trials and tribulations, stress and success of prepping for sale, pricing, negotiating, and ultimately selling a home for the first time.

NIXON PEABODY EXPANDS REAL ESTATE PRACTICE ON WEST COAST

San Francisco, CA - September 27, 2010 - (RealEstateRama) -- International law firm Nixon Peabody LLP announces the arrival of partner Allan E. Low. A resident in the firm’s San Francisco office, Mr. Low will be a member of the real estate practice group focused on real estate finance, transactions and real estate development projects. He joins Nixon Peabody from Luce Forward in San Francisco.

Tell Congress: Don’t Come Home Without Passing Glass-Steagall

September 27, 2010 - (RealEstateRama) -- As economist Lyndon LaRouche identified in his September 24 webcast, citizens must demand, nobody in the U.S. Congress has any business coming back to campaign for re-election, without first passing legislation to reinstate the 1933 Glass-Steagall banking law of President Franklin Roosevelt

Scottsdale, Arizona Horse Property For Sale and Real Estate Advice

Scottsdale, AZ - September 27, 2010 - (RealEstateRama) -- If you or any one you know is looking to purchase or sell horse property in Arizona, look no further. Please visit the website below at any time to view all horse property for sale in Arizona free, or to contact an experienced Realtor to answer any questions you might have.

Paradise Valley, Arizona Foreclsoures, Short Sales, Bank Owned Property, and Real Estate

Scottsdale, AK - September 27, 2010 - (RealEstateRama) -- When thinking about buying or selling property in Paradise Valley, Arizona it is of paramount importance to choose a Realtor that has ample experience. You may visit http://www.nicholasmcconnell.com for all of your Arizona Real Estate needs. You need a Realtor that will take the bull by the horns and do what needs to be done.

Mountain Real Estate Capital Closes on Another Bank REO Acquisition from Bank of America

Charlotte, NC - September 27, 2010 - (RealEstateRama) -- Charlotte-based Mountain Real Estate Capital (MREC) continues the success of its bank REO/NPL acquisition platform by closing its second acquisition from Bank of America in the last three months. The first is a 1,000-unit active adult project located in the U.S. 27 corridor of Orlando, which closed in June. The second is a San Diego partially completed subdivision of 17 lots and four completed models, which recently closed in August

Multiple New Jersey Commercial Properties to be Auctioned in Edison

Edison, NJ - September 27, 2010 - (RealEstateRama) -- Five commercial properties throughout central and south Jersey, including an office building, two former bank branches, residential lots and a liquor license, will go on the auction block next month

Poll Finds Further Drop in Housing Prices

Destin, FL - September 27, 2010 - (RealEstateRama) -- The over-whelming majority of Americans feel their housing prices are going down further, according to a new Housing Predictor poll. That’s not surprising news on its own, but the fact that another huge majority feel that housing prices are going down by as much as half again is staggering

CB RICHARD ELLIS FULLY LEASES EAST BELT BUSINESS PARK ON BEHALF OF TRAMMELL CROW...

Houston, TX - September 24, 2010 - (RealEstateRama) -- CB Richard Ellis is pleased to announce that East Belt Business Park is now 100% leased. The 350,000 sq. ft., four-building complex is a development of Trammell Crow Company and Morgan Stanley Prime Property Fund. The speculative project was constructed in two-phases, with the second phase completed in 2008. The Class A warehouse/distribution park is situated near the Port of Houston along the East Sam Houston Parkway South in Pasadena, Texas.

Councilmember Alarcon and the Los Angeles NeighborWorks Center for Foreclosure Solutions

Los Angeles, CA - September 24, 2010 - (RealEstateRama) -- In partnership with Councilmember Richard Alarcon and the Los Angeles NeighborWorks® Center for Foreclosure Solutions (CFS) families who are in mortgage distress and facing foreclosure can get immediate help at the upcoming Help & Hope Fair.

CoBroke MLS Offers New Multiple Listing Service Across The Entire State of New York

NEW YORK, NY - September 24, 2010 - (RealEstateRama) -- Real estate brokers all over New York can now list and sell properties throughout the entire state with a new, web-based multiple listing service. CoBroke MLS, a computerized database designed for real estate agents to share listing information with other professionals within its network, helps brokers avoid referral fees and fines. It also opens up a wide range of opportunities for agents to list and sell properties beyond the limitations of local multiple listing services.

Scottsdale, Arizona Gainey Ranch Foreclosures, Short Sales, and Bank Owned Property Real Estate

Scottsdale, AZ - September 24, 2010 - (RealEstateRama) -- If you are a home owner facing foreclosure, or need to execute a short sale, you are in the correct place. If you are a buyer looking to purchase a home in the Gainey Ranch area of Scottsdale, Arizona, you are in the correct place. Please visit http://www.nicholasmcconnell.com for more information.

Lee & Associates Negotiates $8.75 Million Sale of Ontario Gateway

Ontario, CA - September 24, 2010 - (RealEstateRama) -- In one of the largest transactions to take place in the Inland Empire this year, Ontario Gateway, a two-building multi-tenant professional office complex totaling 125,497 square feet, has been acquired by an investment group for $8.75 million, according to the team of Edward J. Indvik and Matthew C. Sullivan of Lee & Associates®-Investment Services Group (Lee ISG), and David G. Mudge CCIM, SIOR and Julia Corona-Thompson of Lee & Associates® Inland Empire Office Group in Riverside, Calif.

IDX solution brings home search process to the finger tips of Southern California home...

EUGENE, OR - September 24, 2010 - (RealEstateRama) -- Today, Martin Bressem and IDX, Inc. unveil their joint-venture on the real estate website Bressem represents. IDX Broker software now seamlessly integrates California Real Estate Technology Services (CARETS) property listings onto his search page to give potential buyers a dynamic database of properties to search through. By utilizing an IDX solution, Bressem has reinforced his dedication to serving his clients with the best online property search around.

Florida Keys real estate website utilizes IDX Broker software to host thousands of properties...

EUGENE, OR - September 24, 2010 - (RealEstateRama) -- IDX, Inc. is announcing today, the addition of Pete Riveiro to the growing number of real estate agents and brokers choosing to upgrade their professional websites with a customizable IDX solution. The IDX Broker software now enabled on the website of Riveiro extracts raw listing data directly from the Florida Keys MLS (FLKMLS) and displays these listings seamlessly on his search page. With the FLKMLS properties on his site, home seekers in the Florida Keys can scan thousands of listings without ever leaving the convenience of the website Riveiro hosts.

CAR Housing Foundation Helps Dig Homeless Shelters Out

Englewood, Colo – February 5, 2007- The Colorado Association of REALTORS® (CAR), through its Housing Opportunity Foundation (CARHOF), is responding to weather-related emergency needs at three Denver area homeless shelters with a combined grant of $30,000. Sub-freezing temperatures, combined with frequent snow storms have forced thousands of additional homeless families and individuals to seek these services thus placing severe economic strain on the resources of all three organizations

More consumers seeking rental housing options despite the normal seasonal downtrend

NORFOLK, VA - September 24, 2010 - (RealEstateRama) -- With a year-over-year 65 percent increase in traffic to the ForRent.com family of sites in August 2010, it is evident consumers are still actively seeking rental options despite the seasonal downtrend at this time. This finding supports the August 2010 quarterly survey conducted by the National Multi-Housing Council (NMHC), which identified a shift in consumer mentality toward short-term rental agreements and away from long-term mortgage debt.

New York State housing market sales rise slightly in August; still below year-ago mark

Albany, NY - September 23, 2010 - (RealEstateRama) -- Statewide sales of existing single-family homes in New York State increased in August from July by 3.7 percent, but remained 30-percent below the August 2009 total, according to the preliminary single-family sales data accumulated by the New York State Association of REALTORS.

Fannie Mae Announces New Incentives for HomePath Properties

WASHINGTON, DC - September 23, 2010 - (RealEstateRama) -- Fannie Mae (FNMA/OTC) today announced a seller assistance incentive on Fannie Mae-owned properties listed on the company's REO website, www.HomePath.com, and expands the initiative to offer an incentive to real estate agents and brokers. Qualified homebuyers who will be owner-occupants can receive up to 3.5 percent of the final sales price that can be used toward closing cost assistance, including a home warranty, if desired and available. In addition, selling agents representing owner-occupants will receive a $1,500 bonus. Eligible offers must be submitted on or after September 23, 2010, and must close by December 31, 2010. The sale must close within 60 days of the offer being accepted.

Sin City properties synced to real estate search page with the IDX Broker software...

EUGENE, OR - September 23, 2010 - (RealEstateRama) -- Las Vegas properties just got easier to find online, thanks to the partnership between IDX, Inc. and real estate professional Laura Arcuri. The IDX solution employed on her website now allows home seekers to quickly and effortlessly scan thousands of Greater Las Vegas MLS (GLVAR) property listings right from the convenient real estate website Arcuri hosts. The five unique search functions IDX Broker uploads onto her site give potential buyers a dynamic tool to help narrow the GLVAR listings and match them with their dream property.

Sacramento area properties displayed online with IDX Broker software, thanks to Realtor Eric Brooks

EUGENE, OR - September 23, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce Eric Brooks of Keller Williams Realtors has adopted a customized IDX solution for his real estate website. Now, home seekers around Fairfield, California can scan through the Bay Area Real Estate Info Systems (BAREIS) quickly and efficiently on the search page of Brooks. Never before has it been simpler for potential buyers to connect with area agents and brokers to begin the property search process online.

Lee & Associates Closes $4 Million Industrial Sales Transaction in Anaheim

Anaheim, CA - September 23, 2010 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $4 million sales transaction for a 45,250-square-foot industrial building located at 5500 La Palma Ave. in Anaheim, Calif

CB RICHARD ELLIS CLOSES ON TWO OFFICE LEASES AT LAKES ON POST OAK

Houston, TX - September 22, 2010 - (RealEstateRama) -- CB Richard Ellis has closed on two office leases at Lakes on Post Oak, located at 3050 Post Oak Boulevard in Houston's Galleria/Uptown area. Both leases combined total 12,631 sq. ft. and include a 6,662 sq. ft. new lease to Dahill and a 5,969 sq. ft. new lease for the Houston offices of Neptune Holdings. The 17-story Class A tower is situated on 28-acres with a four-acre lake and is part of a 3-building complex

Total Housing Starts Rise for Fourth Straight Month in August, CBIA Announces

SACRAMENTO, CA - September 22, 2010 - (RealEstateRama) -- Total housing production in California continued to rise for the fourth month in a row in August even as single-family production posted the lowest monthly total since February 2009, the California Building Industry Association announced today.

METRO COMMERCIAL ARRANGES 33,000 SF LEASE FOR ASHLEY FURNITURE

September 22, 2010 - (RealEstateRama) -- Metro Commercial Real Estate, Inc., the Philadelphia region's premier full-service retail real estate company, has negotiated a lease for the region’s largest home furniture and manufacturing company, Ashley Furniture, to occupy the former 33,000-square foot Circuit City at Lincoln Court located at 102 Alan Wood Road in Plymouth Meeting. The store is scheduled to open in December.

Zephyr Real Estate Ranks in Top 100 Brokerages in the U.S.

San Francisco, CA – September 22, 2010 – The August issue of REALTOR® Magazine posted the industry’s Top 100 Companies across the nation, both in sales volume and transactions. Zephyr Real Estate once again achieved national prominence as No. 82 in sales volume, up a notch from its 2009 position. Even as a local independent real estate firm in just one market area, Zephyr maintains a healthy and vibrant position in competition with larger, national brokerages

NAIOP Sustainable Development Award Honors Vulcan Real Estate and Pacific Plaza Development LLC: Two...

HERNDON, VA - September 22, 2010 - (RealEstateRama) -- NAIOP, the Commercial Real Estate Development Association, today announced that it has selected two development companies as the recipients of its annual Sustainable Development Award

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - September 22, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending September 17, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.4 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 22.9 percent compared with the previous week, which included the Labor Day holiday

249-acres of Preserved New Jersey Farmland to be Auctioned

READINGTON, NJ - September 22, 2010 - (RealEstateRama) -- A 249-acre farm with three individual homes will be going on the auction block in October. Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled the auction for Thursday, October 21, 2010 at 11 a.m. at the home on 109 Sumner Road in Readington.

Grubb & Ellis Healthcare REIT II Acquires $45 Million Skilled Nursing Facility Portfolio in...

SANTA ANA, Calif. - September 20, 2010 - (RealEstateRama) -- Grubb & Ellis Healthcare REIT II, Inc. today announced that it has acquired a seven-building portfolio of skilled nursing facilities located throughout Virginia.

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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