Yearly Archives: 2011
November market report data correction
COLUMBIA, S.C. - December 19, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) released its November 2011 statewide market reports last week, which included an error in the MLS statistics for Greater Columbia. The original statewide report sh...
Former Destin Mortgage Broker Convicted by Jury on Federal Bank Fraud and Bribery Counts
PENSACOLA, FL - December 19, 2011 - (RealEstateRama) -- Pamela C. Marsh, United States Attorney for the Northern District of Florida, announced that Destin resident Randolph Branham (age 45) was convicted yesterday of conspiracy to commit bank fraud an...
Hartley Welcomes State Funds for Waterbury Housing, Stadium Upgrades
December 19, 2011 – (RealEstateRama) — State Senator Joan V. Hartley (D-Waterbury) today announced final approval for—and allocation of—state funding to assist with two Waterbury projects. One grant—for $1.38 million—will result in ...
CT REALTY CO-FOUNDER ROBERT M. CAMPBELL PASSES AWAY
ALISO VIEJO, CA - December 19, 2011 - (RealEstateRama) -- Robert M. “Bob” Campbell, one of the most influential leaders in the California commercial real estate industry for more than four decades, passed away on Dec. 15, 2011, in Newport Beach, Ca...
Energy Department Announces Major Recovery Act Milestone: 600,000 Homes Weatherized Three Months Ahead of...
Washington, D.C. - December 19, 2011 - (RealEstateRama) -- U.S. Energy Secretary Steven Chu today announced that states and territories across the nation have reached the goal of weatherizing more than 600,000 low-income homes– including more than 125,000 multi-family homes like apartment buildings – more than three months ahead of schedule. The Department reached this major milestone as part of its efforts to save energy and reduce home utility bills for families, while creating jobs in communities throughout the country.
Southern Shores Oceanfront Home Absorption Rate
Outer Banks, NC - December 17, 2011 - (RealEstateRama) -- You don' t see a whole lot of turnover along the Southern Shores oceanfront. People who own beachfront homes in Southern Shores tend to hold onto their properties longer than their contemporarie...
National Homeless Numbers Decline from 2010 to 2011
WASHINGTON, D.C. - December 16, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) reported a 2.1 percent decline in the number of people experiencing homelessness on a given night in January 2011. The number of homeless people, based on counts conducted by localities and states across the nation (called Point-In-Time [PIT] counts), decreased from 649,917 to 636,017. Among the other notable findings presented in the PIT report was a 12 percent decrease among veterans experiencing homelessness between 2010 and 2011.
Energy Department Announces Major Recovery Act Milestone: 600,000 Homes Weatherized Three Months Ahead of...
WASHINGTON, D.C. - December 16, 2011 - (RealEstateRama) -- U.S. Energy Secretary Steven Chu today announced that states and territories across the nation have reached the goal of weatherizing more than 600,000 low-income homes– including more than 125,000 multi-family homes like apartment buildings–more than three months ahead of schedule. The Department reached this major milestone as part of its efforts to save energy and reduce home utility bills for families, while creating jobs in communities throughout the country.
PA Treasurer Rob McCord Returns $1,500 in Unclaimed Property, Presents $400 Donation from Treasury...
Duquesne, PA - December 16, 2011 - (RealEstateRama) -- Proceeds from a nine-year-old, uncashed $1,500 check will soon be back in the rightful possession of the Greater Pittsburgh Community Food Bank after Pennsylvania State Treasurer Rob McCord today r...
Congressman Andrews Announces $50k to Repair Homes in Gloucester County
Haddon Heights, NJ - December 16, 2011 - (RealEstateRama) -- Last week, Congressman Andrews announced $50,000 in federal money that will create skilled trade jobs in South Jersey. These funds will help improve the homes of low-income homeowners in rura...
Former Local Administrator of NJ Home Energy Assistance Program Sentenced for Stealing $9,062 from...
TRENTON - December 16, 2011 - (RealEstateRama) -- Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor announced that an Atlantic City man who formerly worked as a local administrator of the New Jersey Home Energy Assistance (H...
MAAR Honors Members at Annual Awards Luncheon
MEMPHIS, Tenn. - December 16, 2011 - (RealEstateRama) -- The Memphis Area Association of REALTORS® announced the recipients of its 2011 awards at a luncheon held on Wednesday, Dec. 14: Shorty Watkins of Century 21 Maselle & Associates was named 2...
Lender Representative Pleads Guilty to Mortgage Fraud
NEWPORT NEWS, VA - December 16, 2011 - (RealEstateRama) -- Victoria L. Allen, 57, of Chesapeake, Va., pleaded guilty yesterday to a charge of conspiracy to commit mail and wire fraud, stemming from a mortgage fraud orchestrated by Allen and several oth...
Peter Blank, Liz Richards of Kentwood City Properties Hit $1 Million Price Point in...
DENVER, CO - December 16, 2011 - (RealEstateRama) -- Peter Blank and Liz Richards of Kentwood City Properties have hit the $1 million price point in Denver’s hip LoHi neighborhood with the recent sale of the distinctive 5280 House. Located at 1730 W...
Vitter Introduces Bill to Reform Federal Housing Administration, Prevent Bailout
Washington, D.C. - December 16, 2011 - (RealEstateRama) -- U.S. Sen. David Vitter has introduced a bill to reform the Federal Housing Administration by requiring its mortgage insurance fund to be recapitalized, and to prevent secret bailouts by the U.S...
Grijalva Highlights Major Drop in Homeless Veteran Population, Urges Applications for $100 Million in...
>Washington, D.C. - December 16, 2011 - (RealEstateRama) -- Rep. Raúl M. Grijalva today highlighted a new report from the Department of Housing and Urban Development (HUD) showing a nearly 12 percent reduction in the nation’s veteran homeless popula...
REALTORS® Identify Exterior Replacement Projects as Best Investment for Homeowners
Washington, DC - December 16, 2011 - (RealEstateRama) -- When it comes to remodeling, exterior replacement projects have routinely rewarded homeowners with more bang for their buck. This year is no different, as Realtors® recently rated many exterior improvements as among the most valuable home investment projects as part of the 2011-12 Remodeling Cost vs. Value Report.
Housing Predictor Announced Annual Forecasts
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 readers up to date on real estate news and analysis throughout the entire year.
NAI HORIZON ANNOUNCES NEW DIVISION PRESIDENT
Phoenix, AZ - December 16, 2011 - (RealEstateRama) -- NAI Horizon, one of Arizona’s oldest full service Commercial Real Estate Companies, has selected Barry Bartle as President, to lead the strategic positioning of its Property Management Division.
Three of Four Major Investor Groups Increased Commercial/Multifamily Mortgage Investments During The Third Quarter
Washington, DC - December 16, 2011 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding was essentially unchanged in the third quarter of 2011, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA).