Press Releases

Destin, FL - September 7, 2010 - (RealEstateRama) -- The most trusted housing market forecasts have been released with an update of the Housing Predictor Best 25 Housing Markets in the U.S. It isn’t news that housing markets are declining in value, but there are areas scattered throughout the country in more than a handful of states forecast to appreciate.

ORLANDO, FL - September 6, 2010 - (RealEstateRama) -- Florida Realtors® has named Connie Johnson, a member of the Greater Tampa Association of Realtors®, as its 2010 Humanitarian of the Year. The award was presented during the state association’s recent 94th annual Convention & Trade Expo at Rosen Shingle Creek in Orlando, Fla

EMERYVILLE, CA - September 6, 2010 - (RealEstateRama) -- The number of price-reduced homes on the market increased 3.26 percent in August compared to July, according to the latest data from national brokerage ZipRealty (www.ziprealty.com; NASDAQ: ZIPR). ZipRealty’s monthly review of MLS-listed properties in 26 major markets found that 47 percent of “for sale” homes had at least one price reduction and the average seller actually slashed their list price twice to attract buyers.

Silver Spring, MD – September 2, 2010) – Montgomery Housing Partnership Inc. (MHP), a private nonprofit housing developer, will hold a ribbon cutting ceremony September 8 to mark the reopening of its newly remodeled apartment development, Gilbert Highlands. Montgomery County Executive Isiah Leggett will cut the ribbon at the $5.27 million green renovation and officially welcome 21 families to their new homes.

EAST RANCHO DOMINGUEZ, CA - September 2, 2010 - (RealEstateRama) -- The sustainable building efforts of Benchmark Contractors working in collaboration with developer and architect Abode Communities, have resulted in Casa Dominguez, the first-ever LEED for Homes Platinum certified multifamily development in Los Angeles County and the second within the State of California

Tampa, FL - September 2, 2010 - (RealEstateRama) -- The Institute for Business & Home Safety (IBHS) urges residents and businesses along the U.S. coastline from North Carolina to Maine to take steps now to minimize potential wind and water damage from Hurricane Earl.

EUGENE, OR - September 2, 2010 - (RealEstateRama) -- Louisiana properties just got easier to search for online, thanks to IDX, Inc. and Adam Campo, who have joined forces to bring thousands of Baton Rouge MLS (BRMLS) listings to area home seekers. The IDX solution now enabled on his site extracts raw listing data directly from BRMLS and seamlessly integrates it onto the search page Campo supports, giving home seekers a comprehensive database of homes to look at. With the tools potential buyers can now utilize on the website of Campo, finding a home in Baton Rogue has never been quicker, simpler or more effective.

EUGENE, OR - September 2, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce Joseph Mercado, of Gig Harbor, Washington and Properties NW, has adopted a dynamic IDX solution to improve the accessibility and functionality of his real estate search page. As a member of the Northwest MLS (NWMLS), Mercado has long had the ability to scan thousands of listings to show his clients. Now, IDX Broker software gives home seekers the same opportunity to search through the NWMLS listings, from the convenience of his website. Never before has it been simpler or more effective to find the perfect home online, than it is with Mercado and his IDX synced real estate resource.

Los Angeles, CA - September 1, 2010 - (RealEstateRama) -- George Russell of Charles Dunn Company’s West Los Angeles office negotiated the sale transaction of a 10,000-square-foot industrial property at 4521-25 W. Jefferson Blvd. in Los Angeles

EUGENE, OR - September 1, 2010 - (RealEstateRama) -- Real estate broker Dennis Stevick of DND Realtors has chosen to adopt the dynamic IDX, Inc. product of IDX Broker software. This unique technology automatically draws raw listing data from the Fort Lauderdale MLS (FAR) and displays it on the website Stevick hosts. By enabling such an innovative IDX solution, Stevick has simplified the online home search for home seekers shopping around Fort Lauderdale, Florida. Finding the perfect waterfront or vacation property on the beaches of coastal Florida town has never been easier than now, thanks to Stevick and his adoption of IDX Broker software.

EUGENE, OR - September 1, 2010 - (RealEstateRama) -- IDX, Inc. has teamed up with Houston, Texas real estate professional John Harcrow to bring thousands of property listings to area home seekers. Houston MLS (HARMLS) listings are now seamlessly integrated onto the website Harcrow hosts, giving potential buyers and immense database of homes to utilize throughout the online property search process. Never before has it been easier to find a home online, than it is now with the website Harcrow has created, which blends the best tools together to make the process simple and efficient

McLean, VA – Freddie Mac (OTC: FMCC) announced today that it will not issue a Reference Notes® security on September 1, 2010. The company's 2010 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities

Roswell, NM - August 31, 2010 - (RealEstateRama) -- PrimeSource Mortgage, Inc. (PSMI), a leading mortgage brokerage and banking company, and a wholly owned subsidiary of PSM Holdings, Inc. (OTCBB: PSMH) today announced the opening of a new office in Spokane, WA.

SANTA ANA, Calif. - August 30, 2010 - (RealEstateRama) -- Grubb & Ellis Apartment REIT, Inc. today announced that it has entered into definitive agreements totaling $182 million to acquire nine multifamily properties from affiliates of MR Holdings, LLC and substantially all of the assets of Mission Residential Management, LLC, the Mission Residential property management business.

New York, NY - August 31, 2010 - (RealEstateRama) -- +aRt, a new condominium development in the heart of West Chelsea’s art district, Chashama, an organization that transforms donated retail storefronts in New York City into art exhibitions, and Cannery Works, a non-profit arts catalyst in support of debut projects, have partnered to present a new two-part art exhibition series this fall, beginning with Jason Covert’s CARNIVORA which opens to the public on September 16.

EUGENE, OR - August 31, 2010 - (RealEstateRama) -- Hayden Outdoors, an interstate real estate brokerage firm, has uploaded the dynamic IDX Broker software to its website. Dax Hayden has proven his dedication to serving his clients time and time again, but his adoption of a customized IDX solution only reinforces his commitment to the real estate market and pleasing home seekers. Hayden and his Information and Real Estate Services (IRES) partnership, makes thousands of homes available to those utilizing his search page. Searching for and buying home online have become simpler and easier for Idaho home seekers, thanks to IDX Broker and Hayden.

EUGENE, OR - August 31, 2010 - (RealEstateRama) -- Tony Price, Owner and Broker-in-Charge of Priceless Realty, has begun to utilize his very own customized IDX solution for his professional website. The IDX, Inc. premier service seamlessly syncs the listings Price represents with the Fort Myers MLS to deliver home seekers around Florida with an informative and efficient database of property listings to search through. Potential buyers can rest assured that by using the website of Price to search for a home, they will be getting the latest market listings and the best customer service available online.

Las Vegas, NV - August 30, 2010 - (RealEstateRama) -- Richard Ballen, Las Vegas Short sale Specialist uses comprehensive Las Vegas Short Sale System for Las Vegas, Henderson, and North Las Vegas Short Sales leading to Bank of America Short Sale Approval waiving the deficiency for the seller

EUGENE, OR - August 30, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce Jessie Ellis, Realtor from Coldwell Banker Ocean Beach Properties, is among the latest to adopt a customized IDX solution in an effort to increase the traffic and functionality of her professional real estate website. Ellis, a resident of Ocean Shores, Washington, strives to deliver her clients with a positive and fruitful property search experience. Now, her IDX enabled website uses Northwest MLS (NWMLS) listings to bring thousands of homes to ready buyers quickly and conveniently. Seattle area properties and those along the beautiful coastal inlets of the greater Northwest making for a beautiful living environment, and the website Ellis sponsors helps to make potential buyers owners of those very homes

Atlanta, GA - August 30, 2010 - (RealEstateRama) -- Prudential Georgia Realty (http://www.PrudentialGA.com), a leading real estate brokerage in metro Atlanta and North Georgia announced the upcoming Atlanta Race for the Home event. The event invites Atlanta home buyers to participate in a one day, challenge-filled, location-based game on Saturday, September 25, 2010. Prudential Georgia Realty, together with HomeFinder.com and Google-backed mobile gaming company, SCVNGR, will offer a grand prize of $20,000 during a real estate-inspired version of “The Amazing Race.” The home buyers who score the most points by successfully completing challenges at Prudential Georgia Realty open houses will win the $20,000 grand prize. The Atlanta Race for the Home will also help to raise funds for breast cancer awareness through the Susan G. Komen Race for the Cure Greater Atlanta Foundation.

LOS ANGELES, CA - August 30, 2010 - (RealEstateRama) -- A former mortgage broker who helped orchestrate a massive mortgage fraud scheme that caused well over $40 million in losses was sentenced today to 78 months in federal prison

Wilmington, DE - August 30, 2010 - (RealEstateRama) -- U.S. Senator Thomas Carper (D-DE) today honored Michael D. Skipper, Vice President and Community Development Manager at WSFS Bank, for his lifetime commitment to community investment at a statewide meeting of neighborhood leaders.

MINNEAPOLIS, MI - August 30, 2010 - (RealEstateRama) — United Properties announces the following retail real estate transactions completed in Denver and Colorado Springs.

McLean, VA - August 30, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today named Subha V. Barry to the position of chief diversity officer (CDO). In this position, Barry will lead the company's newly formed Office of Diversity and Inclusion, with overall responsibility for the combined functions of Diversity and Inclusion and Supplier Diversity. She will be responsible for developing business strategies focused on the needs of a diverse workforce, working closely with other members of Freddie Mac's senior management team to ensure the company is effectively utilizing diverse talent (both within its employee base and its suppliers), enhance the annual diversity planning process and manage performance against the company's diversity plans. Barry will also design and launch the new Executive Diversity Council. She will report directly to CEO Charles E. "Ed" Haldeman, Jr., with whom she will jointly lead the Executive Diversity Council, and will be a member of Freddie Mac's management committee. In addition, Barry will work with Freddie Mac's business units to ensure the maximization of opportunities in diverse market segments

New York, N.Y. - August 30, 2010 - (RealEstateRama) -- Turner Construction Company announced that the Third Quarter 2010 Turner Building Cost Index remains unchanged from the second quarter of 2010. The Turner Building Cost Index measures costs in the non-residential building construction market in the United States. The Turner Building Cost Index value is 798 for the Third Quarter of 2010. This reflects a 2.68% decrease from the Third Quarter 2009 and an overall decline of 13.16% over the past two years

San Antonio, TX - August 30, 2010 - (RealEstateRama) -- USAA Real Estate Company announced today the successful conclusion of fundraising for the US Government Building Fund, LLC. The Fund has raised $546 million in direct and indirect equity commitments from USAA and six institutional investors including domestic and foreign pension funds and insurance companies.

Anaheim, CA - August 30, 2010 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $5.1 million sales transaction for a 52,000-square-foot industrial building located at 4240 E. La Palma in Anaheim, Calif.

Westwood, CA - August 30, 2010 - (RealEstateRama) -- Hamid Soroudi and Ramin Gheitanchi of Charles Dunn Company’s West Los Angeles office recently closed a 24-unit luxury apartment deal for $6.35 million.

Destin, FL - August 30, 2010 - (RealEstateRama) -- An over-whelming majority of respondents surveyed do not trust bankers to have their best interests in mind, according to a new Housing Predictor opinion poll. The finding was the strongest evidence yet that the foreclosure epidemic and the financial crisis harming the U.S. economy are being blamed on the financial industry.

Scottsdale, AZ - August 27, 2010 - (RealEstateRama) -- Nicholas McConnell with Coldwell Banker in Scottsdale, Arizona is the first Realtor you want to speak with when thinking about doing a short sale. A short sale is when a home owner sells a property at a price below the amount of the mortgage obtained by the home owner. It is absolutely, positively, one hundred percent imperative that you use a Realtor that knows how to conduct a short sale property on your behalf. If you use a Realtor that does not know what they are doing, chances are the short sale will not go through.