Yearly Archives: 2012

EUGENE, OR - February 16, 2012 - (RealEstateRama) -- The customizable IDX Broker software known for simplifying the online real estate search has been added to the website of San Antonio, Texas real estate professional Michelle Doerr. Now, Doerr hosts ...

EUGENE, OR - February 16, 2012 - (RealEstateRama) -- IDX, Inc. and Little Rock, Arkansas Realtor John Selva have teamed up to revolutionize the online real estate search process for home seekers. The convenient IDX enabled website Selva hosts has been ...

EUGENE, OR - February 16, 2012 - (RealEstateRama) -- IDX, Inc. has teamed up with Naples, Florida Realtor Lidia Strelczuk to integrate the dynamic IDX Broker software onto the professional website Strelczuk represents. Her customizable IDX solution has...

EUGENE, OR - February 16, 2012 - (RealEstateRama) -- Fort Worth, Texas area buyers can now experience a revolutionary online property search, thanks to the partnership between IDX, Inc. and Realtor Patti Lyerla. The IDX enabled real estate website Lyer...

WASHINGTON, D.C. - February 16, 2012 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 7.58 percent of all loans outstanding as of the end of the fourth quarter of 2011, a decrease of 41 basis points from the third quarter of 2011, and a decrease of 67 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate decreased five basis points to 8.15 percent this quarter from 8.20 percent last quarter.

WASHINGTON, D.C. - February 16, 2012 - (RealEstateRama) -- In 2010, there were 9.8 million extremely low income renter households in the United States, and only 3 million rental homes affordable and available to these households. This shortage of 6.8 million rental units means that only 30 rental homes are affordable and available for every 100 extremely low income renters.

WASHINGTON, D.C. - February 16, 2012 - (RealEstateRama) -- Today the John D. and Catherine T. MacArthur Foundation named NYU’s Furman Center for Real Estate and Urban Policy a recipient of the MacArthur Award for Creative and Effective Institutions. This distinguished award recognizes the Furman Center’s excellence in providing objective, policy-relevant research to address the challenges facing neighborhoods in New York City and across the nation. The award comes with a grant of $1 million, which the Furman Center will use to broaden its research and policy analysis to more national issues.

WASHINGTON, D.C. - February 16, 2012 - (RealEstateRama) -- The cost of construction materials is showing signs of accelerating after moderating in January, according to an analysis of producer price index figures and recent market information released today by the Associated General Contractors of America. Ongoing price increases underscore the urgency of funding public construction projects promptly, association officials said.

NEW YORK, N.Y. - February 16, 2012 - (RealEstateRama) -- Hudson Realty Capital LLC (Hudson) and RXR Realty LLC (RXR) have launched a commercial real estate lending platform to originate and/or purchase commercial real estate debt assets. The two experi...

West Hartford, CT - February 16, 2012 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Zack Childress is announcing a wholesaling seminar for real estate investors on February 25, 2012. This real ...

WASHINGTON, DC - February 16, 2012 - (RealEstateRama) -- To improve performance and boost the capacity of state and local governments to implement their federal block grant programs for housing and community development, the U.S. Department of Housing and Urban Development is making nearly $62 million available through the Office of Community Planning and Development’s (CPD) OneCPD and Core Curricula Programs. Read HUD’s Notice of Funding Availability (NOFA).

PORTLAND, OR - February 16, 2012 - (RealEstateRama) -- Portland REALTOR® David Somerville says the Beaverton suburb of Portland will continue to attract commuters in 2012 due to lifestyle and real estate values.

Chicago, IL - February 16, 2012 - (RealEstateRama) -- Last year, more than 20,200 homes repossessed through foreclosure were resold in the metropolitan Chicago real estatemarket, including single-family residences, townhouses and condominium units. The median sales price of those homes was $74,200, according to RE/MAX.

WASHINGTON, D.C. - February 16, 2012 - (RealEstateRama) -- Preet Bharara, the United States Attorney for the Southern District of New York, Helen Kanovsky, General Counsel of the U.S. Department of Housing and Urban Development (“HUD”), and David A. Montoya, the Inspector General of HUD, announced today that the United States has filed, and simultaneously settled, a civil fraud lawsuit against CITIMORTGAGE, INC. (“CITIMORTGAGE”), a subsidiary of CITIBANK, N.A. The Government’s Complaint seeks damages and civil penalties under the False Claims Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”) for over six years of misconduct in connection with CITIMORTGAGE’s participation in the Federal Housing Administration (“FHA”) Direct Endorsement Lender Program

WASHINGTON, D.C. - February 16, 2012 - (RealEstateRama) -- Nationwide housing affordability, as measured by the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), rose to a record level during the fourth quarter of 2011, while prospective home buyers continued to feel the constraints of tighter credit standards and a soft economy.

West Hartford, CT - February 16, 2012 - (RealEstateRama) -- Wholesaling with ‘New School Investing’ Strategies * Zack will show you one tool that will pull all the REO properties at any discount you want right from the Banks Vault - This will make ...

BOSTON, MA - February 15, 2012 - (RealEstateRama) --Financing from MassHousing, New Market Tax Credits and union pension funds will provide $46.8 million in capital to help construct the 225 Centre Street development in Jamaica Plain, a project that wi...

BOSTON, MA - February 15, 2012 - (RealEstateRama) -- MassHousing announced a loan closing today of $14.5 million to preserve affordability for senior citizens and low-income families at the 161-unit Marcus Garvey Apartments in Roxbury.

Washington, DC - February 15, 2012 - (RealEstateRama) -- Federal and state governments recently settled a major agreement with the country’s five largest mortgage servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo.

TALLAHASSEE, FL - February 15, 2012 - (RealEstateRama) -- Attorney General Pam Bondi announced that her office has secured restitution of $59,000 for approximately 430 consumers who were harmed by a foreclosure-related rescue service scam. The settleme...