Press Releases

Press Releases

Home Buyer Tax Credit Fuels Long Island Home Sales

West Babylon, NY - November 10, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc. (MLSLI) released the October 2009 housing statistics for Long Island that reported a $360,200 closed median home price for Nassau, Suffolk and Queens County.

County Executive Steve Levy & LIBOR Announce New Fair Housing Law in Suffolk County

West Babylon, NY - November 10, 2009 - (RealEstateRama) -- The Long Island Board of REALTORS® (LIBOR) is proud to announce that County Executive Steve Levy has signed ground breaking fair housing legislation for Co-ops into law.

Wisconsin Home Sales Up in Third Quarter as Median Prices Moderate

MADISON, WI - November 10, 2009 - (RealEstateRama) -- Wisconsin home sales increased for the first time since the recession began nearly two years ago, according to data reported by the Wisconsin REALTORS® Association (WRA).

Weichert Sees Expanded Tax Credit As a Final Step to a Healthy Market

MORRIS PLAINS, N.J. - November 10, 2009 - (RealEstateRama) -- Nearly two years ago, James M. Weichert, president and founder of Weichert, Realtors, began calling upon Congress for a homebuyer tax credit that he felt would help repair the struggling national economy.

NJAR® Releases Statement Regarding 3rd Quarter Home Sales Report

Edison, NJ - November 10, 2009 - (RealEstateRama) -- Reacting to the NATIONAL ASSOCIATION OF REALTORS®' (NAR) 2009 Third Quarter Metro Home Prices/State Resales report, New Jersey Association of REALTORS® (NJAR®) Executive Vice President Jarrod C. Grasso, RCE, today issued the following statement:

Texas Tower Limited Acquires JPMorgan Chase Center in Houston – Hines to Manage and...

HOUSTON, TX - November 9, 2009 - (RealEstateRama) -- Texas Tower Limited, owner of the 75-story JPMorgan Chase Tower, announced today the acquisition of the adjacent JPMorgan Chase Center in downtown Houston from JPMorgan Chase.

Four New Jersey farms to be sold at auction

Four preserved farms in New Jersey totaling nearly 400 acres will be sold in three separate auctions in the next two months. November 9, 2009 - (RealEstateRama) -- Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled the auctions for Nov. 19 in Colts Neck, Dec. 3 in Hamilton and Dec. 10 in Pittstown, Hunterdon County

Hotel Indigo Opens in Asheville, N.C

ATLANTA, GA - November 9, 2009 - (RealEstateRama) -- The newest Hotel Indigo opened its doors today in downtown Asheville, N.C. Nestled near the foothills of the Blue Ridge Mountains, the 100-room new-build boutique hotel is the second of five properties planned for the state; additional deals are signed in Charlotte, Wilmington and Winston-Salem.

MassHousing Announces Loan Commitments of $43 Million for the Renovation and Preservation of Affordability...

BOSTON, MA - November 9, 2009 - (RealEstateRama) -- November 9, 2009 – MassHousing announced loan commitments today of up to $43 million for the renovation and preservation of affordability at the 500-unit Castle Square housing community in Boston’s South End.

CFO SINK APPLAUDS DIVISION OF INSURANCE FRAUD WORK ON “MORTGAGE FRAUD SURGE”

TALLAHASSEE, FL - November 4, 2009 - (RealEstateRama) -- Florida CFO Alex Sink today commended the contributions of her Division of Insurance Fraud in the “Mortgage Fraud Surge”, a nine-month joint effort with the U.S. Attorney Brian Albritton, the FBI and numerous other federal, state and local law enforcement agencies to secure as many mortgage-fraud related indictments and arrests as possible.

Key Obama Climate Strategist Carol M. Browner to Deliver Closing Address at Greenbuild Conference

Washington, DC - November 4, 2009 - (RealEstateRama) -- The U.S. Green Building Council today announced that key Obama environmental adviser Carol M. Browner will be the keynote speaker at the closing plenary session of USGBC’s annual Greenbuild International Conference & Expo, held Nov.11-13, 2009, in Phoenix, Ariz.

Dividend Capital Total Realty Trust Acquires Office Property In Princeton, NJ

Denver, CO - November 3, 2009 - (RealEstateRama) -- Dividend Capital Total Realty Trust Inc., a diversified real estate investment trust (REIT), announced today that it acquired a class-A office property located in Princeton, NJ — centrally located between New York City and Philadelphia.

Dividend Capital Total Realty Trust Acquires Office Property In Princeton, NJ

Denver, CO - November 3, 2009 - (RealEstateRama) -- Dividend Capital Total Realty Trust Inc., a diversified real estate investment trust (REIT), announced today that it acquired a class-A office property located in Princeton, NJ — centrally located between New York City and Philadelphia.

Treasury awards LISC $115MM in NMTCs

NEW YORK, NY - November 3, 2009 - (RealEstateRama) -- The U.S. Treasury Department has awarded the Local Initiatives Support Corporation (LISC) $115 million in New Markets Tax Credit (NMTC) investment authority in the 2009 round of allocations.

Show-Me Money: VA Loan Report Teaches Missouri Realtors How to Tap Into Military...

With Agent Pools Shrinking, VA Home Loans and Refinances Skyrocketed in FY 09. COLUMBIA, MO - November 3, 2009 - (RealEstateRama) -- Veterans and their families are buying homes in record numbers, but only a handful of Missouri real estate agents are capitalizing on that windfall.

Regus Launches ‘Win an Office’ Sweepstakes

New York City, NY - November 3, 2009 - (RealEstateRama) -- Regus (LSE:RGU), the global leader in flexible workplace solutions, today kicked off its ‘Win an Office’ sweepstakes that will award a lucky small business or entrepreneur one year of office space at one of Regus’ 18 New York City locations. The winner will receive a fully-furnished office for 12 consecutive months

91 Unit Dallas Apartment Property Is Latest Acquisition For Texas Apartment Buyer Group

Austin, TX - November 3, 2009 - (RealEstateRama) -- based Anew Realty Group, LLC has purchased the 91-unit apartment property Highland Oaks at 2121 West Irving Boulevard in Irving, Texas. The purchase was facilitated by the Marcus & Millichap Dallas office.

Prominent Business Valuator and RE Appraiser Joins MarcumRosenfarb

Melville, NY - November 2, 2009 - (RealEstateRama) -- MarcumRosenfarb LLC, part of the Marcum Group, announced that Raymond Ghelardi, ASA, joined the firm’s forensic and valuation services group as Director of Business Valuation. Ghelardi will focus on growing Marcum’s corporate valuations, intangible asset valuations and financial reporting services.

PSMI Opens New Office in Missoula, Montana

Roswell, NM - October 28, 2009 - (RealEstateRama) — PrimeSource Mortgage, Inc. (PSMI), a leading mortgage brokerage and banking company in the southwestern United States, and a wholly owned subsidiary of PSM Holdings, Inc., (OTCBB: PSMH) today announced the opening of a new branch office in Missoula, Mont.

Massachusetts Home Sales Up for Third Consecutive Month

WALTHAM, MA - October 27, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales increased for the third straight month compared to the same time last year. Median prices were down only 1.7 percent compared to September 2008, while condominium median prices were up 1.7 percent. For the fourth month in a row, the number of pending sales (homes put under agreement in September) was up seven percent from the same time last year.

Massachusetts Home Sales Up for Third Consecutive Month

WALTHAM, MA - October 27, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales increased for the third straight month compared to the same time last year. Median prices were down only 1.7 percent compared to September 2008, while condominium median prices were up 1.7 percent. For the fourth month in a row, the number of pending sales (homes put under agreement in September) was up seven percent from the same time last year.

SOLD! CFO SINK’S UNCLAIMED PROPERTY AUCTION NETS RECORD $1.24 MILLION

TALLAHASSEE, FL - October 27, 2009 - (RealEstateRama) -- Florida CFO Alex Sink’s Bureau of Unclaimed Property continued its record-setting pace this weekend by netting over $1.24 million at the annual Unclaimed Property Auction held Saturday in Ft. Lauderdale. This is the most ever garnered by Florida’s Bureau of Unclaimed Property at the annual auction. CFO Sink’s push in the week leading up to the Unclaimed Property Auction also helped return to people a staggering $7.23M through over 20,000 accounts in just seven days.

September sales and price report

LOS ANGELES, CA - October 26, 2009 - (RealEstateRama) -- Home sales increased 2.1 percent in September in California compared with the same period a year ago, while the median price of an existing home declined 7.3 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

Pulte Homes Violated State Law in Manipulating Home Sales Prices, Lawsuit Claims

San Francisco, CA - October 27, 2009 - (RealEstateRama) -- A California homeowner filed a class-action lawsuit against Pulte Homes Corporation (NYSE: PHM) claiming the company engaged in a sophisticated and integrated fraudulent scheme to artificially prop up sales and home sale prices through convoluted control of the home sale process.

Florida Interagency Mortgage Task Force Hosts Community Forum on Housing Issues

FT. MYERS, FL - October 26, 2009 - (RealEstateRama) -- The Attorney General’s Office and the Florida Interagency Mortgage Task Force today hosted a Ft. Myers community forum to discuss the housing crisis. The event, designed to present a comprehensive approach for dealing with housing-related issues, provided community education and assistance to over 100 attendees. Participating agencies included state agencies, law enforcement, and regulatory authorities

New-Home Construction Dips in September, CBIA Announces

SACRAMENTO, CA - October 26, 2009 - (RealEstateRama) -- New-home construction dipped again in September leading California homebuilders to strengthen the call for the Legislature to extend the successful homebuyer tax credit, the California Building Industry Association announced today

C.A.R. calls for extension of federal tax credit

C.A.R. calls for swift adoption of Dodd-Lieberman-Isakson amendment to extend home buyer tax credit. LOS ANGELES, CA - October 26, 2009 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today called for the U.S. Senate to swiftly adopt the Dodd-Lieberman-Isakson amendment, which would extend and amplify the hugely successful first-time home buyer tax credit until June 30, 2010.

Rental Assistance to Help Kansas Families Secure Safe, Affordable Housing

Topeka, KS - October 26, 2009 - (RealEstateRama) -- Helping struggling families secure affordable rental housing and move towards financial self-sufficiency, Kansas Housing Resources Corporation (KHRC) has awarded $1.2 million in Tenant Based Rental Assistance (TBRA) to ten agencies statewide.

Rental Assistance to Help Kansas Families Secure Safe, Affordable Housing

Topeka, KS - October 26, 2009 - (RealEstateRama) -- Helping struggling families secure affordable rental housing and move towards financial self-sufficiency, Kansas Housing Resources Corporation (KHRC) has awarded $1.2 million in Tenant Based Rental Assistance (TBRA) to ten agencies statewide.

Rental Assistance to Help Kansas Families Secure Safe, Affordable Housing

Topeka, KS - October 26, 2009 - (RealEstateRama) -- Helping struggling families secure affordable rental housing and move towards financial self-sufficiency, Kansas Housing Resources Corporation (KHRC) has awarded $1.2 million in Tenant Based Rental Assistance (TBRA) to ten agencies statewide.

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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