Press Releases

New York, NY - May 17, 2010 - (RealEstateRama) -- Halstead Property Development Marketing, TNS Development Group Ltd., and Great American Construction Corp. today announced the topping-off of The Shelton, a newly constructed 14-story affordable cooperative development located at 775 Lafayette Avenue between Throop Avenue and Marcus Garvey Boulevard, in the Bedford Stuyvesant neighborhood of Brooklyn.

Cromwell , CT - May 17, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, is announcing an all day seminar with Than Merrill and Patrick Precourt. The event will take place on Saturday May 22nd, from 9:00am to 5:00pm, at the Courtyard by Marriott on 4 Sabethe Drive in Cromwell, CT. This event is $29 for CT REIA members, and $39 for non-members.

Atlanta, GA - May 17, 2010 - (RealEstateRama) -- Georgianative Julia Blake, an Atlanta Realtor with nine years experience, recentlymade the switch to Prudential GeorgiaRealty. She is based out of Prudential Georgia Realty’s Midtown office, located on Peachtree Street a few blocks from the High Museum

New York, NY - May 17, 2010 - (RealEstateRama) -- Halstead Property Development Marketing and Ekstein Development announced today that sales have resumed for +aRt, a new premium condominium development located in the heart of West Chelsea’s art district at 540 West 28th Street.

EUGENE, OR - May 17, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce the addition of Florida Realtor Randy Robinson and Highlight Realty to the growing number of agents and brokers choosing to create customized real estate websites with the IDX Broker software. The tools used to integrate Palm Beach Regional MLS (RMLSFL) listings and Robinson's website revolutionize the online home search for potential buyers by giving them more options and freedom throughout the process. The custom IDX solution on Robinson's website extracts raw listing data from the RMLSFL and displays it on his website providing home seekers the most comprehensive list of properties available

WASHINGTON, DC - May 17, 2010 - (RealEstateRama) -- Improving labor market conditions and a strong increase in consumer spending led to solid economic growth according to the May 2010 Economic Outlook released today by Fannie Mae's (FNM/NYSE) Economics & Mortgage Market Analysis Group. The economy is expected to grow at a 3.5 percent pace for the year but concerns over European sovereign debt and possible long-term effects of the Gulf of Mexico oil spill bring uncertainty to the overall 2010 forecast. A welcome surge in home sales points to the positive impact of the homebuyer tax credit, although the increase will likely be temporary as incentives wind down. "Strong momentum coming out of the first quarter puts us in the direction of a self-sustaining economic recovery," said Fannie Mae Chief Economist Doug Duncan. "Consumer spending grew at the fastest pace in three years and the job market posted gains across the board. Home sales grew in March, and will likely increase further in coming months, presumably from buyers rushing to sign contracts before the tax credit deadline at the end of April. We continue to project a pullback in home sales starting in July as the tax credit will likely pull sales forward into the second quarter," said Duncan. "The pace of employment growth and confidence in the labor market will be key factors for a pick up in home sales by the end of the year."

May 17, 2010 - (RealEstateRama) -- Quicken Loans, the nation’s fourth largest retail lender, today announced the creation of Quicken Loans Mortgage Services (QLMS), a new division servicing the home financing needs of community banks and credit unions across the country

Denver, CO - May 17, 2010 - (RealEstateRama) -- The second national survey in as many months shows RE/MAX agents and offices far outperformed all competitors, selling more homes, assisting more families, and leading all other real estate companies in every measurable category. In the 2010 REAL Trends 500 survey, RE/MAX brokerages held 122, or 24%, of the Top 500 positions, with RE/MAX agents averaging an impressive 20.65 transaction sides, 42% higher than the next closest competitor.

EUGENE, OR - May 14, 2010 - (RealEstateRama) -- IDX, Inc. brings its time-saving technology to Blaine, Minnesota Realtor Kris Lindahl and the successful team at Edina Realty's website. The solutions offered to agents and brokers through a customizable IDX solution give them the unique opportunity to simplify their professional website, while delivering their clients with an easy-to-use and extensive database of featured properties. Lindahl's partnership with Northstar MLS (Northstar) helps to combine thousands of area listings with the homes Lindahl represents, to give home seekers an expansive list of homes to explore.

Apollo Says "Generous" Grant From Harlem CDC Community Initiative Fund Helped Make "Walk" Possible. May 13, 2010 - (RealEstateRama) -- The Harlem Community Development Corporation (Harlem CDC) was lauded for its support of the Apollo Theater Foundation's "Walk of Fame" project at its unveiling on Monday.

May 13, 2010 - (RealEstateRama) -- As HACLA works with our project partners to redevelop the Jordan Downs public housing in the Watts neighborhood of South Los Angeles, we continue to seek out expert advice and contribution from the brightest minds in the area of real estate development. One of the key questions – how can we redevelop the area in order to make public transportation convenient and accessible for our residents.

EUGENE, OR - May 13, 2010 - (RealEstateRama) -- John Anselmo of Minnesota decided that IDX, Inc was the perfect IDX provider to display the vast and expanding area of the Twin Cities. By incorporating the dynamic map search, Anselmo was able to optimize the ability of potential home buyers to search by many specific locations available in the Twin Cities area. This IDX feature also allows Anselmo’s website visitors to compare houses in the same neighborhood, thus increasing their knowledge of the local area and current home sales prices.

Eugene, OR - May 13, 2010 - (RealEstateRama) -- Peter Weigher is head of a team of six agents and had need of IDX display software that best fit the needs of his focused team within Re/Max Realty Advantage of Pennsylvania and rightly decided upon IDX Broker. Weigher’s IDX account will automatically display all the current listings from Central Penn Multi-List for his web users to view. The software provided by IDX Broker allows Weigher to customize his search options on the team website by providing a variety of search tools to choose from. Weigher chose an integrated layout that allows him and his agents to automatically send daily emails to clients, if they so choose, of any new listings that meet their criteria. Included in this new integrated IDX display is way for the client to search by city, price, size and number of bedrooms or a more Advanced Search option, which can be customized to include even further details, such as municipality and school district. There is also a way to search by a map, address or MLS Listing number. IDX Broker even provides a quick search option for maximum effectiveness of time.

Atlanta,GA - May 13, 2010 - (RealEstateRama) -- Prudential Georgia Realty, the companyTrendgraphix says achievedthe highest gains in year-to-year market share for unit sales, sales volume,listing inventory, buyers and listing sales of any large brokerage in metroAtlanta for the 2010 first quarter, continues to expand its presence inside theAtlanta perimeter. Prudential Georgia Realty’s Midtown branch, located near the High Museum, has recentlycompleted a merger with Bo Bridgeport Brokers, a 40-agent boutique real estate agency

NEW YORK, NY - May 13, 2010 - (RealEstateRama) -- Halstead Property Development Marketing announces sales will officially launch tomorrow with the opening of a sales office at Columbia Commons, a newly constructed residential development in Brooklyn’s growing Columbia Street Waterfront District.

San Francisco, CA - May 13, 2010 - (RealEstateRama) -- Redfin today released new data on the San Francisco Bay Area market showing that the median price of a Bay Area single-family home increased 5.5% from March to April. In Marin County, prices for single-family homes jumped 10% in one month, aided by lower interest rates for jumbo loans. Santa Clara County house prices increased 7% month over month and 33% year over year, driven by a shrinking supply of bank-owned properties. House prices in Alameda, San Francisco and San Mateo counties grew by between 1% and 2% month over month

Thousand Oaks, CA, - May 12, 2010 - (RealEstateRama) -- In 2007, Investors Hospitality Management (“IHM”) introduced the hospitality industry’s first sustainable 3rd party management and ownership services company. Online technology has revolutionized the business climate. IHM provides complimentary analysis of current online strategy and creates a detailed action plan specific to each prospective hotel. DiGuiseppe states, “There’s an ever growing market for e-marketing. It’s no longer a viewership of 18-25 year olds. The 3 million new viewers represent the 36-57 population range.”

Worcester, MA - May 12, 2010 - (RealEstateRama) -- As the real estate industry changes, the needs of the professionals in the industry change with it. The techniques and coaching programs that worked as a little as one year ago do not get the same results today. That’s why Real Estate Inner Circle™, the nation’s fastest growing real estate coaching company, created the Real Estate Inner Circle University™. “REIC-U” is Real Estate Inner Circle’s dedicated teaching and training division. It features affordable online courses that meet the sales, marketing, and training challenges real estate professionals face every day.

AUSTIN, TX - May 12, 2010 - (RealEstateRama) -- Austin-based Mangum Custom Builders has launched a sister company, Mangum Modular Homes Inc., which will help Texans easily and quickly establish their homesteads without sacrificing quality or style

Destin, FL - May 12, 2010 - (RealEstateRama) -- A large majority say the expiration of the federal home buyers tax credit is likely to damage the housing market, according to a new opinion poll by Housing Predictor.

Grants support affordable housing in Akron, Cedar Rapids, Holstein and Woodbine. DES MOINES, IA - May 12, 2010 - (RealEstateRama) -- The Culver/Judge administration’s I-JOBS initiative continues to make an impact across Iowa, as Governor Chet Culver announced today that $2.6 million in I-JOBS affordable housing assistance funds have been allocated to five projects. The awards mark the final allocations of the $20 million available through the I-JOBS Affordable Housing Program, administered by the Iowa Finance Authority.

Tampa, FL - May 12, 2010 - (RealEstateRama) -- The Institute for Business & Home Safety (IBHS) has updated the state-by-state overview of land use planning laws on the IBHS Web site

ORLANDO, FL - May 12, 2010 - (RealEstateRama) -- Sales of existing single-family homes in Florida rose 24 percent in first quarter 2010 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. A total of 38,846 existing homes sold statewide in 1Q 2010; during the same period the year before, a total of 31,410 existing homes sold. It marks the seventh 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 first quarter rose 67 percent compared to the same time the previous year. This marks the sixth consecutive quarter for increased statewide sales in both the existing home and condo markets compared to year-ago levels.

West Hartford, CT - May 11, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Patrick Precourt, is announcing the CT REIA May 2010 monthly Connecticut real estate investors meeting. This event will take place on Monday, May 17th, from 5:30pm to 9:00pm, at the Crowne Plaza Hotel on 100 Berlin Road in Cromwell, CT. This event is free for CT REIA members, and $30 for non-members.

Atlanta, GA - May 11, 2010 - (RealEstateRama) -- Prudential Georgia Realty opens new Atlanta real estateoffice in Buckhead. The 5,000+ square foot space is located at 3221 Peachtree Road, a block south of the Piedmont Road and Peachtree Road intersection,in the heart of Buckhead. More than 30 agents and staff, lead by Buckheadnative and Managing Broker Bill Murray, moved into the space in April. Anofficial ribbon-cutting and grand opening will be held Thursday, May 20th, from 6 to 9 p.m.

Atlanta, GA - May 11, 2010 - (RealEstateRama) -- Realtor Susan Tanner, an Atlanta native, has joined Prudential Georgia Realty’s newest office in Buckhead. The office, which hostsits grand opening celebration later this month on May 20th, is located at 3221 Peachtree Road, just south of the Peachtreeand Piedmont Road intersection

Conshohocken, PA - May 11, 2010 - (RealEstateRama) -- Metro Commercial announced today that it has brokered a 51,320-square-foot lease for the Oklahoma based Hobby Lobby Stores, Inc. at the Lebanon Valley Mall in Lebanon, PA

Edison, NJ - May 11, 2010 - (RealEstateRama) -- Reacting to the NATIONAL ASSOCIATION OF REALTORS®' (NAR) 2010 First Quarter Metro Home Prices/State Resales report, New Jersey Association of REALTORS® (NJAR®) Chief Executive Officer Jarrod C. Grasso, RCE, today issued the following statement:

New York, NY - May 11, 2010 - (RealEstateRama) -- RE/MAX was started with a single office in Denver, Colorado, and now it grown into more than 75 countries along with about 100,000 Sales Associates. RE/MAX topped a record 630 for the year 2009 by global franchise sales that show its explosive growth in several regions such as Portugal grew 100 percent, southwest Germany increased 200 percent and Israel was up 45 percent.

ANDOVER, MA - May 11, 2010 - (RealEstateRama) -- U.S. Small Business Administration (SBA) officials have heard it all when it comes to homeowners who tell them why they aren’t going to apply for a low-interest disaster loan.