Tag: housing market

Destin, FL - December 16, 2011 - (RealEstateRama) -- Housing Predictor is releasing its annual housing market forecasts for 2012. The online real estate research firm issues forecasts for more than 230 local U.S. markets in all 50 states, and keeps rea...

Washington, D.C. - October 19, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today charged Citigroup’s principal U.S. broker-dealer subsidiary with misleading investors about a $1 billion collateralized debt obligation (CDO) tied ...

LOS ANGELES, CA - March 10, 2010 - (RealEstateRama) -- Affordable home prices, tax credits for home buyers, historically low interest rates, and a large number of distressed properties prompted many first-time home buyers to enter the market in 2009, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) 2009-2010 “State of the California Housing Market” report released today

WASHINGTON, DC - February 23, 2010 - (RealEstateRama) -- Kendrick Meek today released the following statement regarding President Obama's decision to use funding from the Troubled Asset Relief Program (TARP) to support Florida homeowners and stabilize the housing market

PHOENIX, AZ - February 19, 2010 - (RealEstateRama) -- Belfiore Real Estate Consulting presents AZ DealmakersTM, an interactive discussion on the who, what and where in commercial and residential real estate today. Hear views from the panel of industry experts, followed by dealmaker meetings

More than half of home buyers in the 2009 Profile of Illinois Home Buyers and Sellers were first-time buyers, due in large part to the first-time homebuyer tax credit stimulus and increased affordability in home prices in the last year. The survey results released by the Illinois Association of REALTORS® (IAR) found 51% of buyers were first-time buyers, compared to 47% nationwide (a figure which has averaged closer to 40% nationwide since 2001). When asked about the primary reason for timing of the home purchase, 46% of first-time buyers said it was just the right time.

WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- Congressman Chris Murphy (CT-5) voted for the Emergency Unemployment Compensation Extension Act to provide Connecticut families hit hardest by the recession a 14 week extension of unemployment benefits. And to strengthen Connecticut's housing market, the bill includes an extension of the first-time homebuyer tax credit through next spring, expands eligibility for the homebuyer credit, and provides housing tax relief for Connecticut's military families. This legislation will not add to the deficit, and President Obama is expected to sign it quickly.

October 20, 2009 - (RealEstateRama) -- Today, Senator Chris Dodd invited Diane Randall, Executive Director of the Hartford-based Partnership for Strong Communities, to testify on housing challenges facing Connecticut residents at a Senate Banking Committee hearing on the State of the Nation’s Housing Market.

October 20, 2009 - (RealEstateRama) -- Governor Arnold Schwarzenegger today issued the following statement after the Obama Administration’s announced move to provide support to housing finance agencies across the nation. This action will help restart the housing market for low to moderate income first-time homebuyers, including in California, which has been among the hardest hit by the real estate crisis.

Washington, DC - October 8, 2009 - (RealEstateRama) -- U.S. Representative Judy Biggert (R-IL-13th) today introduced two related measures aimed at promoting economic recovery by strengthening the housing sector, boosting homes sales, and stabilizing property values. Both bills are fully offset to remain budget neutral and would extend or amplify the popular first-time home buyer (FTHB) tax credit, which is set to expire at the end of November

Insists Extraordinary Assistance Cannot Continue, Calls for Extension of GSE and FHA Loan Limits. October 8, 2009 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Chris Dodd (D-CT) held an oversight hearing to probe the role that Government-Sponsored Enterprises should play to ensure the future strength of the American housing market.

Insists Extraordinary Assistance Cannot Continue, Calls for Extension of GSE and FHA Loan Limits. October 8, 2009 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Chris Dodd (D-CT) held an oversight hearing to probe the role that Government-Sponsored Enterprises should play to ensure the future strength of the American housing market.