Yearly Archives: 2011

LAGUNA HILLS, CA - December 20, 2011 - (RealEstateRama) -- From rental restrictions to electric vehicles and electronic meeting notices, Californians living in homeowners associations will see several new laws governing their communities starting Janua...

WASHINGTON, D.C. - December 20, 2011 - (RealEstateRama) -- The Housing and Economic Recovery Act (HERA) of 2008 made statutory changes to how income limits are calculated for LIHTC and bond-financed properties. HERA protected owners from rent decreases in 2009, and established a new system for owners to hold their income limits and rents harmless beginning in 2010.

WASHINGTON, DC - December 20, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today urged members of the U.S. House of Representatives to vote against the Senate-passed bill that would extend the payroll tax holiday for two months by adding an additional tax on most homebuyers for the next ten years.

COLTON, CA - December 20, 2011 - (RealEstateRama) -- The Hodgdon Group, a full-service real estate brokerage, development and construction firm, announced today that it has completed construction on the conversion of the former Levitz building at North...

Destin, FL - December 20, 2011 - (RealEstateRama) -- The best real estate markets for 2012 have been released by Housing Predictor, which forecasts the 25 best and 25 worst housing markets annually. The cities selected have the highest probability of reaching their forecasts.

December 20, 2011 - (RealEstateRama) -- During the launch of our new commission plan, I tried to take the perspective of someone considering our new program. I came to think the biggest obstacle many North Carolina Realtors will face is the problem of...

Outer Banks, NC - December 19, 2011 - (RealEstateRama) -- For those interested in selling their Kill Devil Hills oceanfront home, right now is not a bad time to give it a try. Jumbo loans are available and there are plenty of people with down payment m...

Los Angeles, CA - December 19, 2011 - (RealEstateRama) -- Voit Real Estate Services’ Anaheim office has completed two industrial property sales encompassing 47,620 square feet for a total consideration of $4.8 million in Greater Los Angeles.

WASHINGTON, D.C. - December 19, 2011 - (RealEstateRama) -- U.S. Rep. Nick Rahall (D-W.Va.) Friday announced federal flood recovery monies for Raleigh County, enabling long-term hazard mitigation measures to move forward for homes damaged by flooding in...

HARRISBURG - December 19, 2011 - (RealEstateRama) -- Attorney General Linda Kelly today announced that a consumer protection lawsuit filed against several employees linked to OPFM ? a defunct financial services company operating in Reading and Lancaste...

New York, NY - December 19, 2011 - (RealEstateRama) -- Middle class tax cuts that will reduce tax rates for millions of hardworking taxpayers and the two-percent property tax cap highlight new state laws that will go into effect on January 1, 2012.

December 19, 2011 - (RealEstateRama) -- A multiple-year housing subsidy program, sponsored by the City of Philadelphia's Office of the Deputy Mayor for Health and Opportunity and Department of Behavioral Health and Intellectual Disability Services, and...

WASHINGTON, D.C. - December 19, 2011 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced that Ohio is set to receive more than $165 million in home heating assistance funds during Fiscal Year 2012—more than $8 million more than it wo...

December 19, 2011 - (RealEstateRama) -- Managers of buildings and properties in Montgomery County or building staff who reside in the County are encouraged to sign up for an energy management training program that will help them reduce the operating co...

DENVER, CO - December 19, 2011 - (RealEstateRama) -- Dee Chirafisi and Deviree Vallejo of Kentwood City Properties have announced the opening of sales at Boardwalk31, an exciting new residential development at the corner of 31st and Irving in Denver’...

DENVER, CO - December 19, 2011 - (RealEstateRama) -- After deliberating for less than four hours, a federal court jury found Vicki Dillard Crowe, aka Vicki R. Dillard, age 32, of Denver, guilty of mail and wire fraud in connection with a mortgage fraud...

WASHINGTON, D.C. - December 19, 2011 - (RealEstateRama) -- During the holidays, many Americans pause to reflect on the year that is coming to an end. There was no relief in 2011 for the home building industry, which has been devastated by the economic downturn. Thousands of builders went out of business and many others continue to struggle to make ends meet on a daily basis. Yet home builders around the country are still putting aside their challenges to help less fortunate members of their communities.

VISTA, CA - December 19, 2011 - (RealEstateRama) -- San Diego may rank 9th amongst Forbes Magazine’s list of “America’s Top 10 Safest Cities”, yet San Diego County Sheriff Bill Gore warns, “Criminals don’t take the holidays off. In fact, ...

WASHINGTON, D.C. - December 19, 2011 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes edged up two points from a downwardly revised number to 21 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for December, released today. This marks a third consecutive month in which builder confidence has improved, and brings the index to its highest point since May of 2010.

Washington, DC - December 19, 2011 - (RealEstateRama) -- A report issued today by NeighborWorks America prepared by the Urban Institute on the consumer benefits of the National Foreclosure Mitigation Counseling (NFMC) Program shows that homeowners who received NFMC counseling were nearly twice as likely to obtain a mortgage modification and at least 67 percent more likely to remain current on their mortgage nine months after receiving one, saving servicers considerable time and expense. The data compares the results against homeowners who obtained a mortgage modification without the assistance of an NFMC foreclosure prevention counselor. The report also showed that homeowners received, on average, a mortgage modification that lowered their payment by $176 more per month, than homeowners who didn’t work with an NFMC counselor – a savings of close to $2,100 a year.