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Charles Dunn Company Closes $1.1 Million Multifamily
Torrance, CA - August 18, 2010 - (RealEstateRama) -- Bryan Glenn of Charles Dunn Company’s West Los Angeles office closed a $1.175 million sale at 823 N. Hudson Ave. in Los Angeles, Calif. The multifamily property was built in 1963 and consists of eight units
ShortSaleDailyNews.com Seeks to Expand Its Industry Coverage
Atlanta, GA - August 17, 2010 - (RealEstateRama) -- Short Sale Daily News, an online real estate industry resource to keep up with the frequent changes and current events in the industry, is seeking additional industry experts to be contributors to the site.
Homebuyers’ Interest in Green Home Features Increases with Energy Efficiency Cited as Top Priority
EMERYVILLE, CA - August 17, 2010 - (RealEstateRama) -- More than half of all home shoppers report that green home features, from energy efficient appliances to solar panels, are an important part of their purchasing decision, though only one percent of home listings market these features to buyers, according to results of a national survey announced today by real estate brokerage ZipRealty (www.ziprealty.com; NASDAQ: ZIPR).
David E. Howard Appointed President of Lee & Associates San Diego North
Torrance, CA - August 17, 2010 - (RealEstateRama) -- David E. Howard, a 25-year commercial real estate veteran, has been named president of Lee & Associates’ San Diego North office. Howard, who joined Lee in 2005, is a founding principal of Lee’s national accounts group, which today represents name brand national office and industrial clients throughout the country. In Mr. Howard’s new role he will be responsible for all management activities such as brokerage operations, sales support, information technology and ancillary services.
Financial Regulators Adopt Guidance on Reverse Mortgage Products
August 16, 2010 - (RealEstateRama) -- The Federal Financial Institutions Examination Council (FFIEC) released guidance today on reverse mortgage products. The guidance, adopted by each of the financial regulators,1 emphasizes the consumer protection concerns raised by reverse mortgages and the importance of financial institutions mitigating the compliance and reputation risks associated with these products.
“Unusually Uncertain” Outlook Tamping Down Economic Activity According to Fannie Mae’s Economics & Mortgage...
WASHINGTON, DC - August 16, 2010 - (RealEstateRama) -- Uncertainty in the economy confirms lower expectations for economic growth and a slower-than-normal recovery, according to the August 2010 Economic Outlook released today by Fannie Mae's (FNMA/OTC) Economics & Mortgage Market Analysis Group
JIM KELLY TO HEAD SAN DIEGO OFFICE OF CT REALTY INVESTORS
SAN DIEGO, CA - August 16, 2010 - (RealEstateRama) -- CT Realty Investors Corp. of Aliso Viejo, Calif., (www.ctrealtycorp.com) announced that longtime San Diego real estate veteran Jim Kelly has joined the company as managing partner and executive vice president of the company’s San Diego Division. Kelly will head up the company’s San Diego regional operations located at 10650 Treena St., Suite 111, in San Diego
CFO Alex Sink Calls on Citizens Property Insurance to Competitively Bid Contracts
TALLAHASSEE, FL - August 16, 2010 - (RealEstateRama) -- Florida CFO Alex Sink today sent a letter to Scott Wallace, executive director of Citizens Property Insurance Corporation, calling on Citizens to implement contract reforms to ensure accountable and competitive contracting, and allow all qualified businesses the opportunity to compete for work available from Citizens. Wallace is scheduled to meet with CFO Sink’s staff about contracting procedures at Citizens next week.
Reasonable People Did Disagree: Optimism and Pessimism about the U.S. Housing Market before the...
August 16, 2010 - (RealEstateRama) -- Gerardi, Foote, and Willen look at economists' assessments of the housing market prior to its collapse to see whether they saw signs of a bubble. While some economists did warn of a bubble, this was a minority view. Other economists advanced well reasoned counterarguments.
Design Professional Input Into ConsensusDOCS Standard Construction Contracts Increases as CSI Joins the ConsensusDOCS...
Washington, D.C. - August 16, 2010 - (RealEstateRama) -- The Construction Specifications Institute (CSI) announced that it has joined the ConsensusDOCS Coalition. “CSI is excited to join the ConsensusDOCS Coalition. We look forward to bringing a diverse project team perspective to the process of creating standard contract documents for use by all participants in the construction industry. CSI’s participation with the Coalition aligns nicely with its mission of advancing building information management and education of project teams to improve facility performance,” states Walt Marlowe, CEO of CSI.
Quicken Loans and Sister Companies Move to Downtown Detroit
Detroit, MI - August 16, 2010 - (RealEstateRama) -- Today, downtown Detroit became home to 1,700 new faces as energized team members from Quicken Loans Inc, and its sister companies, One Reverse Mortgage LLC, Fathead LLC, In-House Realty LLC and Quizzle LLC began moving into their new home in the heart of Detroit’s rising technology district. The companies occupied the remainder of the vacant space in Detroit’s newest business complex, the Compuware building, on the North edge of Campus Martius. The building will now house a total “brainforce” of nearly 4,000 technology and web-based workers.
MassHousing Announces Loan Closing of $5.9 Million to Preserve Affordable Housing for Low-Income Families...
BOSTON, MA - August 16, 2010 - (RealEstateRama) -- MassHousing announced a loan closing today of $5.9 million to preserve affordability for low-income families at the 86-apartment St. Michael’s House in Northampton.
Mississippi Home Corporation Awards over $8 Million in Housing Tax Credits
Jackson, MS—The Mississippi Home Corporation (MHC) has awarded over $8 million in Housing Tax Credits (HTC) to developers for the construction and rehabilitation of 589 units statewide. The developments will create over 500 jobs, which will provide $12.89 million in constructions wages and produce $67.78 million in related spending in their communities
Local Agent Pete Veres has been Awarded Real Estate’s Prestigious 203k Specialist Designation
Denver, CO - August 16, 2010 - (RealEstateRama) -- Elite Asset Management Team Leader, Pete Veres, has completed the real estate industry’s most comprehensive training in the use of the U.S. Government’s FHA 203k Home Purchase and Renovation Loan program. With this designation, Pete Veres becomes a member of RE-buildUSA, a nationwide organization of real estate, lending and home improvement professionals, working in partnership with Lowe’s, and is dedicated to helping more Americans achieve the dream of home ownership, improving our communities and contributing to the health of our economy.
Local Agent Pete Veres has been Awarded Real Estate’s Prestigious 203k Specialist Designation
Denver, CO - August 16, 2010 - (RealEstateRama) -- Elite Asset Management Team Leader, Pete Veres, has completed the real estate industry’s most comprehensive training in the use of the U.S. Government’s FHA 203k Home Purchase and Renovation Loan program. With this designation, Pete Veres becomes a member of RE-buildUSA, a nationwide organization of real estate, lending and home improvement professionals, working in partnership with Lowe’s, and is dedicated to helping more Americans achieve the dream of home ownership, improving our communities and contributing to the health of our economy.
Atlanta Realtor Mark Spain Honored by The Wall Street Journal as One of the...
Atlanta, GA - August 16, 2010 - (RealEstateRama) -- The Wall Street Journal/Real Trends 2010 Real Estate Top 400 Professionals list was just released in August. It is based on a survey of thousands of brokerage firms, associations of Realtors® and hundreds of other sources to determine the top-performing agents in the United States, based on 2009 sales production. Atlanta-based Realtor Mark Spain and his RE/MAX Greater Atlanta real estate team were honored as the #29 team in the United States. The Mark Spain Team was #29 for most transaction sides and #29 for highest sales volume. Spain was the only Georgia-based team on the Top 100 Teams by Sales Volume list.
Abdo Development Joins Forces with Bozzuto and Pritzker Realty Group to Redevelop The Catholic...
WASHINGTON, D.C. - August 16, 2010 - (RealEstateRama) -- Abdo Development today announced that they have teamed with The Bozzuto Group, a Washington D.C. area-based residential real estate company, and Pritzker Realty Group, a Chicago-based real estate investment company, to co-develop a project that will transform The Catholic University of America’s South Campus into a vibrant mixed-use, transit-oriented community
Center for Neighborhood Technology to Provide Its Innovative Transportation Cost Data to Walk Score
CHICAGO, IL - August 16, 2010 - (RealEstateRama) -- The Center for Neighborhood Technology (CNT) announced today that it is providing its ground-breaking transportation cost information to the popular website WalkScore.com.
Green Real Estate Education announces Oklahoma City will get Green Education
Tampa, FL - August 16, 2010 - (RealEstateRama) -- Projects are not as plentiful as other parts of the country but that will change as Green Real Estate Education courses are going to be offered in Oklahoma City. The company has hired a Regional Director in Oklahoma that will handle expansion in Oklahoma and Texas.
Short Sale Las Vegas – Short Sale Nevada – What is a Short Sale...
las Vegas, NV - August 16, 2010 - (RealEstateRama) -- The central document in the Short Sale package that will be submitted to the mortgage lenders that will be taking a loss in the Hardship Letter. The Hardship Letter provides the homeowner with an opportunity to state their case as to why they can no longer afford to make their mortgage payment
Short Sale Las Vegas – Short Sale Nevada – What is a Short Sale...
las Vegas, NV - August 16, 2010 - (RealEstateRama) -- The central document in the Short Sale package that will be submitted to the mortgage lenders that will be taking a loss in the Hardship Letter. The Hardship Letter provides the homeowner with an opportunity to state their case as to why they can no longer afford to make their mortgage payment
Short Sale Las Vegas – Short Sale Nevada – What is a Short Sale...
las Vegas, NV - August 16, 2010 - (RealEstateRama) -- The central document in the Short Sale package that will be submitted to the mortgage lenders that will be taking a loss in the Hardship Letter. The Hardship Letter provides the homeowner with an opportunity to state their case as to why they can no longer afford to make their mortgage payment
Survey on Real Estate Money Moral Issue
Destin, FL - August 16, 2010 - (RealEstateRama) -- Making payments on a mortgage has been a moral issue debated for decades, but Wall Street and the bankers worked together to game the mortgage lending industry like a casino to rake up record profits and nearly destroy the nations economy. Millions of foreclosures and bankruptcies resulted, and now millions of homeowners have ended up as victims.
Lee & Associates Opens Office in Atlanta
Torrance, CA - August 16, 2010 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate services firms in the country, has made a key strategic move in its national expansion plan through a merger with one of Atlanta’s most respected real estate service firms headed by Richard Bryant, Bryant Commercial Real Estate Partners, whose offices are located at 3500 Lenox Road, NE., Suite 200 in Atlanta.
Kamloops Real Estate Homes for Sale
(FPRC) - August 15, 2010 - (RealEstateRama) - Kamloops is a city in south central British Columbia, at the confluence of the two branches of the Thompson River and near Kamloops Lake. It is the seat of the Thompson-Nicola Regional District. Kamloops is...
Jeff Goodman Joins Harbor Bay Realty
Alameda, CA - August 13, 2010 - (RealEstateRama) -- Harbor Bay Realty is pleased to welcome Jeff Goodman, REALTOR®, to its sales team. With over 8 years of residential and commercial real estate experience in Alameda and the East Bay, Goodman is a well-respected real estate agent in the community.
Alain Pinel Realtors Among The Wall Street Journal Top 400 Rankings for 2010
August 13, 2010 - (RealEstateRama) -- The Wall Street Journal announced the 2010 rankings of the top real estate professionals in the country based on 2009 sales volume. Seven Alain Pinel Realtors (APR) sales professionals were included in these prestigious rankings, with three individuals and two teams listed as the top agents among the over one million REALTOR®’s in the country.
30-Year, 15-Year Fixed-Rate Mortgages Drop Again
5-Year Adjustable Also Sets New Low
McLean, VA - August 13, 2010 - (RealEstateRama) — Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), and again, the fixed-rate mortgages reaching, along with the 5-year adjustable rate, set record lows for this survey. (The 30-year fixed-rate survey began [...]
Refinancing Borrowers Choose Shorter Term Loans
Share Refinancing Into 15-Year and 20-Year at Highest Level Since 2004. McLean, VA - August 13, 2010 - (RealEstateRama) -- Freddie Mac (OTC:FMCC) announced the results of its quarterly Product Transition Report today.
GLORIA NILSON, REALTORS, REAL LIVING IN SHREWSBURY HOSTS FREE SHORT SALE SEMINAR
August 13, 2010 - (RealEstateRama) -- The Shrewsbury office of Gloria Nilson, REALTORS®, Real Living will be hosting a free Short Sale Seminar at the Monmouth County Library on Wednesday August 18th, to help sellers understand the complexities of a short sale, and to give buyers information on pursuing short sales and foreclosures
