Press Releases

Atlanta, GA - December 4, 2009 - (RealEstateRama) -- Homeowners seeking to take a "payment holiday" from their mortgage need to consider other alternatives to make certain they do not become delinquent on their most important asset - their home.

New York, NY - December 4, 2009 - (RealEstateRama) -- The Harlem Community Development Corporation (Harlem CDC), in partnership with a range of organizations dedicated to supporting the growth of small business in Upper Manhattan, will host the 4th annual Small Business Conference on Thursday, December 10th, at the Adam Clayton Powell Jr. State Office Building.

LANSING, MI - December 4, 2009 - (RealEstateRama) -- Attorney General Mike Cox today announced the early morning arrest of a Grosse Ile woman accused of defrauding dozens of people in a massive real-estate Ponzi scheme. Rita Gosselin, 58, is charged with racketeering and multiple counts of obtaining money under false pretenses for orchestrating numerous fraudulent real estate investments and stealing hundreds of thousands of dollars from Michigan families

BOSTON, MA - December 3, 2009 - (RealEstateRama) -- MassHousing has approved $295,000 in funding for the creation or preservation of affordable sober housing for men, women and veterans in Boston, New Bedford, Salem and Worcester. The MassHousing grants, ranging from $35,000 to $75,000, will come from the Center for Community Recovery Innovations, Inc. (CCRI), a nonprofit subsidiary corporation of MassHousing that creates and preserves affordable sober housing in Massachusetts for recovering substance abusers. CCRI to date has awarded more than $4 million in grants for sober housing for more than 1,000 units of substance-free housing in more than two dozen communities for men, women, families, veterans, the homeless and ex-offenders.

WASHINGTON, D.C. - December 3, 2009 - (RealEstateRama) -- Today Congressman John Salazar voiced strong support for the Obama Administration’s recent demand that lending institutions step up efforts to help those fighting off foreclosure through the government’s “Making Home Affordable” program. Specifically, Congressman Salazar expressed his anger over reports that the banks have been evasive and unhelpful to constituents in Colorado’s Third Congressional District.

Washington, DC - December 2, 2009 - (RealEstateRama) -- Congressman Baron Hill wants to remind Southern Indiana residents that potential homebuyers will be able to take advantage of the $8,000 homebuyer tax credit through next spring. The extension took effect yesterday, December 1, 2009, and will last until April 30, 2010

Washington, D.C. - December 2, 2009 - (RealEstateRama) -- In these tough times, Idahoans deserve the chance to buy a home or attend college without having to worry about unfair marks from credit agencies.

TALLAHASSEE, FL - December 2, 2009 - (RealEstateRama) -- Florida Housing Finance Corporation (Florida Housing) recently received a report stating the funds from the NeighborWorks® America’s National Foreclosure Mitigation Counseling Program (NFMC) is a success with helping Floridians facing foreclosure in the state

Houston, TX - December 2, 2009 - (RealEstateRama) -- Congressman Al Green (TX-09) expressed his support today for the Federal Transit Administration's decision to approve a project that aims to expand Houston's Light Rail System to different areas of the city

ROGERS, AR - December 1, 2009 - (RealEstateRama) --H. Collins Haynes, chief executive officer of HaynesLimited in Rogers, Ark., has joined the Real Estate Industry Council of the Federal Reserve Bank of St. Louis.

ORLANDO, FL - December 1, 2009 - (RealEstateRama) -- Florida high school seniors: Are you filling out college applications and poring over potential scholarship programs? Then make plans to enter the Florida Realtors®’ 2009-2010 Scholarship/Essay Contest for High School Seniors for a chance to win up to $6,000 in scholarship funding

New York, NY - November 30, 2009 - (RealEstateRama) --BRP Companies and Halstead Property Development Marketing today announced the commencement of sales for The Douglass, a new high-end condominium development located in South Harlem at 2110 Frederick Douglass Boulevard at the corner of 114th Street.

Munich/London/Mainz - November 27, 2009 - (RealEstateRama) -- pbb Deutsche Pfandbriefbank acting as Facility Agent and Westdeutsche ImmobilienBank AG (WestImmo) are pleased to announce that they have provided Arka Property Funds with a €48.5 million investment financing for Alfa Shopping Center in Olsztyn, Poland.

November 25, 2009 - (RealEstateRama) -- Nora R. Dannehy, United States Attorney for the District of Connecticut, announced that RICHARD R. GIROUARD, 55, a Connecticut real estate developer residing in Norwalk, Connecticut and Stuart, Florida, pleaded guilty today before Senior United States District Judge Alfred V. Covello in Hartford to one count of an indictment charging GIROUARD with conspiring to commit financial institution bribery

November 25, 2009 - (RealEstateRama) — The extension and expansion of the first-time buyer tax credit will come as good news for local home builders and consumers. After posting the best monthly performance in nearly a year in September, new-home construction in metro Kansas City dipped 8 percent according to statistics compiled [...]

SACRAMENTO, CA - November 24, 2009 - (RealEstateRama) -- Construction of new homes in California continued to decline in October, prompting California homebuilders to call on state lawmakers to reexamine the benefits of the state new-home buyer tax credit enacted earlier this year in hopes of getting similar legislation passed to stimulate the housing sector and the economy, the California Building Industry Association announced today.

California still home to half of the top 20 least affordable markets. SACRAMENTO, CA - November 24, 2009 - (RealEstateRama) -- Housing affordability continued to creep downward throughout the state during the third quarter of 2009 as a result of incremental price increases due to increased demand for homes, the California Building Industry Association said today

LOS ANGELES, CA - November 23, 2009 - (RealEstateRama) -- Mayor Antonio Villaraigosa today announced the appointment of Douglas Guthrie as the new General Manager of the Los Angeles Housing Department (LAHD). Mr. Guthrie brings with him a wealth of experience in community development, housing affordability and urban policy.

Contest offers sustainably-minded real estate professionals a chance to gain recognition and win a free membership with the Arizona Green Chamber of Commerce. Tempe, AZ - November 23, 2009 - (RealEstateRama) -- Fidelity National Title, one of Arizona's largest title insurance and escrow service companies, has announced the launch of its "Win the Paperless Fight Title Championship" contest, which is accepting nominations at www.WinThePaperlessFight.com through December 31st, 2009. Open exclusively to real estate professionals, both residential and commercial, the contest invites nominations for those who are demonstrating a commitment to sustainable business practices and making a big impact specifically through the reduction of paper waste. Self-nominations are encouraged.

Albany, NY - November 23, 2009 - (RealEstateRama) -- Driven by buyers wanting to close before the anticipated first-time homebuyer tax credit deadline, October sales jumped nearly 8 percent from the previous month and nearly 6 percent compared to October 2008, according to preliminary existing single-family sales data accumulated by the New York State Association of REALTORS.

Priscilla of Boston and Denim Habit join America’s first shopping center. Ardmore, PA - November 23, 2009 - (RealEstateRama) -- Metro Commercial, one of the region’s largest full-service retail real estate firms, announces the addition of two new retailers to the world-class lineup at Suburban Square, America’s first shopping center, in Philadelphia’s Main Line suburb of Ardmore, PA.

Govberg Jewelers joins exclusive Walnut Street retail row. Philadelphia, PA - November 19, 2009 - (RealEstateRama) -- Metro Commercial, one of the region’s largest full-service retail real estate firms, announced today that it has negotiated a lease for Govberg Jewelers to locate its flagship store at 1521 Walnut Street in the heart of Philadelphia’s “Rittenhouse Row”

Cleveland, OH - November 19, 2009 - (RealEstateRama) -- The Cleveland Area Board of Realtors (CABOR) has launched a speakers bureau to talk about the shape of local real estate with Northeast Ohio community and business groups. According to CABOR Speakers Bureau Chair and 2010 CABOR Affiliate Council chair, Dave Iammarino, CABOR is currently seeking presentation engagements for its six speakers with chambers of commerce, and public organizations including Kiwanis Clubs, Rotary Clubs, parent-teacher groups and other organizations

November 18, 2009 - (RealEstateRama) -- The Sioux City Economic Development Department is continuing its campaign inviting former residents to move back to Sioux City this holiday season. Initially launched late last year, the “Home Again” marketing initiative will utilize local media including print, tv, bus signage, banners and electronic billboards to target parents and families who want to see their children move back to Sioux City.

November 17, 2009 - (RealEstateRama) -- The Bank today announced the results of the 2009 election for two nonmember independent director positions and two California member director positions on its Board of Directors.

Lufkin Automation buys 6.2 acres for future 40,000 SF headquarters. Houston, TX - November 16, 2009 - (RealEstateRama) -- November 16, 2009 - Lufkin Automation, a provider of engineered products and services to oil and gas producers, has purchased a 6.2 acre land site within Lakeview Business Park. This marks the first land sale closed in the newly developed business park, which is located Missouri City, Texas, in Fort Bend County.

TAMPA, FL - November 16, 2009 - (RealEstateRama) -- The Institute for Business & Home Safety (IBHS) today announced that President and CEO Julie Rochman, along with representatives from Travelers and Ceres, will present “Mean and Green: The Need for Disaster Resistant Green Building,” Thursday, Nov. 12 from 6 p.m. to 7:30 p.m. ET at the Greenbuild 2009 Conference in Phoenix.

LOS ANGELES, CA - November 16, 2009 - (RealEstateRama) -- A Texas homeowner filed a class-action lawsuit today against KB Home (NYSE: KBH), Countrywide Financial and LandSafe Appraisal Services, claiming the three conspired to rig housing prices in Texas and Colorado, costing home purchasers millions of dollars and pushing homeowners into dangerous loans.

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

New York City, NY - November 10, 2009 - (RealEstateRama) -- American Realty Capital, based here, has acquired a 465,600-square-foot Home Depot distribution facility in Columbia, SC in a deal arranged by Broad Street Advisors, also of New York City.