Yearly Archives: 2011

TOPEKA, KS - January 26, 2011 - (RealEstateRama) -- Public agencies, non-profits and faith-based organizations are joining efforts to conduct a statewide Point-In-Time Count of Kansas' homeless population on Wednesday, January 26th, 2011. The purpose of the count is to provide a one-day, statistically reliable snapshot of homeless persons in sheltered and unsheltered locations, understand trends in homelessness and comply with reporting requirements from the federal government

WASHINGTON, D.C. - January 26, 2011 - (RealEstateRama) -- In last night’s state of the union address, President Obama called for investment in innovation, education and infrastructure to spur job growth and sustain America’s leadership in the world. He offered a five year freeze on domestic discretionary spending to begin to bring down the federal deficit, but said that we must “make sure that we’re not doing it on the backs of our most vulnerable citizens.”

WASHINGTON, D.C. - January 26, 2011 - (RealEstateRama) -- The House of Representatives today approved H.R. 38, allowing the chair of the House Budget Committee to set nondefense discretionary spending to FY08 levels or lower for FY11. This could result in a spending reduction of more than $60 billion in the current fiscal year, hurting all Americans and disproportionately impacting those in the greatest need.

WASHINGTON, D.C. - January 26, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending January 21, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 12.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 12.0 percent compared with the previous week. The results do not include an adjustment for the Martin Luther King holiday.

McLean, VA - January 26, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today issued the company's Monthly Volume Summary for December 2010. The summary, available on the company’s Web site at www.FreddieMac.com/investors/volsum, provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management and delinquencies. Beginning in January 2011, Freddie Mac began publishing pool-level delinquency disclosures on its single-family PC and Giant PC securities on the company’s Web site, www.FreddieMac.com/mbs. As a result, Tables 9 and 10 are no longer included in the Monthly Volume Summary.

WASHINGTON, D.C. - January 26, 2011 - (RealEstateRama) -- Bob Peterson, president of Associates in Building & Design, Ltd. (ABD) in Ft. Collins, Colo., was appointed 2011 chairman of the National Association of Home Builders (NAHB) Remodelers this month during the International Builders' Show in Orlando, Fla. As chair for the leading professional organization for residential remodeling, Peterson represents the more than 14,000 remodeling industry members of NAHB."I am honored to represent the interests of professional remodelers and look forward to helping our industry take on the challenges we will face this year as we look to a brighter future ahead," said Peterson. "I am proud of our members, who are the most educated and skilled in the industry, running successful businesses and providing quality remodeling services for home owners across the nation.

WASHINGTON, D.C. - January 26, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes rose 17.5 percent to a seasonally adjusted annual rate of 329,000 units in December, according to newly released figures from the U.S. Commerce Department. The big gain, though largely tied to an unexpectedly strong showing in the West, was a welcome boost at the end of a year that had the lowest total number of new-home sales on record (321,000) since the government began keeping track in 1963."After six very tough months, the housing market ended the year on an upbeat, with signs of stabilization beginning to take hold in many markets," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "That said, the nationwide inventory of new homes for sale is now at its thinnest level in more than 40 years. This is a sign that many builders still cannot obtain the credit they need to meet anticipated improvements in buyer demand in 2011."

EUGENE, OR - January 26, 2011 - (RealEstateRama) -- IDX, Inc. welcomes Portland, Oregon real estate broker Dan Walters to the network of real estate professionals engaging their clients and expanding their business through an online IDX solution. Never before have Regional Multiple Listing Service (RMLS) listings been so accessible or readily available to potential buyers. Thousands of detailed property listings are seamlessly linked to the website Walters hosts, with the IDX technology, which syncs properties directly. Now, home seekers can experience a detailed home search without leaving the convenience of the website of Walters. Portland real estate has changed forever, thanks to the IDX-enabled website of Walters

Torrance, CA - January 26, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has negotiated the sale and acquisition of a 13,452 square-foot lot for $3.4 million. Situated along the California coastline at 1620 Torrey Pines Road in La Jolla, Calif., the REO lot is zoned for residential use and affords ocean views of the La Jolla cove

Torrance, CA - January 26, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $2.3 million sale on a fully entitled, 1.08-acre parcel of land on N. Vulcan Ave., in Encinitas, Calif.

Dallas, TX - January 25, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) has announced that it will join Rebuilding Together on Thursday, February 3, to help revitalize a dozen homes in need of repair and perform general community clean-up in the Arlington, Texas, neighborhood of Drummond Drive as a sponsor of the nonprofit‘s 16th annual Kickoff to Rebuild charity event.

NORFOLK, VA - January 25, 2011 - (RealEstateRama) -- For Rent Media Solutions™, a leading resource for searching apartments nationwide and a division of Dominion Enterprises, has introduced Walk Score® on ForRent.com, the company’s anchor web site. Through this partnership with Walk Score, renters can measure the walkability of a neighborhood and use this feature when narrowing down their search for apartments.

WASHINGTON, DC - January 25, 2011 - (RealEstateRama) -- A new survey conducted by the Building Owners and Managers Association (BOMA) International shows that BOMA 360 designees are able to document operational savings, develop new policies and procedures, and attract new tenants because of their designation. The BOMA 360 Performance Program is a groundbreaking program designed to recognize commercial properties that demonstrate best practices in building operations and management. Since the program’s inception in Spring 2009, 180 buildings have been designated. The survey was sent to BOMA 360 designees who have had the designation for a year or more.

WASHINGTON, DC – Capitol Hill veteran Cindy Chetti has been named Senior Vice President of Government Affairs for the National Multi Housing Council (NMHC). She will be responsible for developing and implementing strategy for all legislative and regulatory issues of interest to NMHC and its joint legislative partner, the National Apartment Association.

EUGENE, OR - January 25, 2011 - (RealEstateRama) -- Welcoming Jackie Nordstrom to the growing network of real estate agents and brokers, IDX, Inc. is pleased to announce they have added a customized IDX solution to the website of Nordstrom. She now hosts a comprehensive online property search conveniently on her page, thanks to IDX Broker and Metrolist Denver (MTOMLS). Thousands of properties are automatically linked to her website with the thorough MTOMLS and the incredible IDX solution she employs. Never before has it been easier for Denver, Colorado home seekers to search for a home online, than now, with the website of Nordstrom and Colorado Real Estate Associates

Denver, CO - January 25, 2011 - (RealEstateRama) -- Adam Scoville, RE/MAX Senior Counsel, has been appointed to the Board of Directors of the International Trademark Association (INTA), a worldwide association that supports and advances trademarks and intellectual property as elements of fair and effective global commerce.

WASHINGTON, DC - January 25, 2011 - (RealEstateRama) -- U.S. house prices were unchanged on a seasonally adjusted basis from October to November, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.7 percent increase in October was revised downward to a 0.2 percent increase. For the 12 months ending in November, U.S. prices fell 4.3 percent. The U.S. index is 14.9 percent below its April 2007 peak and roughly the same as the August 2004 index level.

Mt. Laurel, NJ - January 24, 2011 - (RealEstateRama) -- MAMCO Property Management, an Associa company, is proud to announce that Samantha Wallace and Linda Schlindwein have earned their Certified Manager of Community Associations (CMCA) designations while Natalie Fries has completed her Association Management Specialist (AMS) designation

Las Vegas, NV - January 24, 2011 - (RealEstateRama) -- Benchmark Association Services, an Associa company, is pleased to announce that a surplus of funds is being returned to the WSCA members by a complete forgiveness of their first quarter dues and a reduction of the dues for the following quarters.

WASHINGTON, D.C. - January 24, 2011 - (RealEstateRama) -- In a January 21 letter to White House policy chiefs, the National Housing Trust Fund Campaign called on the Obama Administration to recommend funding for the National Housing Trust Fund (NHTF) in its upcoming report on the future of federal housing finance policy.