Yearly Archives: 2012

Washington, DC - February 1, 2012 - (RealEstateRama) -- The National Association of Realtors® commends President Obama for pledging to assist homeowners and the struggling housing market, because restoring the health of the housing market is critical for the nation’s economic recovery.

Sacramento, CA - February 1, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Sacramento office has announced the addition of Carol Sitzenstatter to its brokerage team as Vice President of leasing and sales, according to Kevin Sheehan, Managing ...

Orange, CA - February 1, 2012 - (RealEstateRama) -- Voit Real Estate Services’ Anaheim office has successfully directed the $5.1 million sale of a 44,340 square-foot industrial property located at 749 N. Poplar Street in Orange, Calif. Based on cons...

Washington, DC - February 1, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today announced the first step of a Real-Estate Owned (REO) Initiative targeted to hardest-hit metropolitan areas announced in August 2011. Investors interested in participating may “pre-qualify” to establish eligibility to bid on transactions in the initial pilot phase as well as subsequent phases

Northbrook, IL - February 1, 2012 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant CVS property located at 4037 Glenwood Road in Decatur, GA for $2,847,300.

MERIDIAN, ID - February 1, 2012 - (RealEstateRama) -- Meridian REALTOR® John Espinosa sees foreclosure inventory of bank owned homes likely continuing to bring out bargain hunters through 2012, bringing with it exceptional prices.

Reston, VA - February 1, 2012 - (RealEstateRama) -- Calkain Companies’, a national real estate investment brokerage firm, recently completed a complex 1031 transaction involving two (2) zero-cash-flow properties (“zero(s)”) occupied by CVS (NYSE:...

WASHINGTON, D.C. - February 1, 2012 - (RealEstateRama) -- In his State of the Union address, President Obama laid out a Blueprint for an America Built to Last, calling for action to help responsible borrowers and support a housing market recovery. While the government cannot fix the housing market on its own, the President believes that responsible homeowners should not have to sit and wait for the market to hit bottom to get relief when there are measures at hand that can make a meaningful difference, including allowing these homeowners to save thousands of dollars by refinancing at today’s low interest rates. That’s why the President is putting forward a plan that uses the broad range of tools to help homeowners, supporting middle-class families and the economy.

WASHINGTON, D.C. - February 1, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2012.

Denver, CO - February 1, 2012 - (RealEstateRama) -- In the midst of a slowly recovering housing market, RE/MAX LLC is marking its 39th year recognizing numerous recent successes. In spite of a struggling economy, RE/MAX continues to be the industry leader in key categories, and is also leading the way in international growth, adding 8 countries in 2011. The company that Dave and Gail Liniger founded in 1973 has become a global success story.

Las Vegas, NV - February 1, 2012 - (RealEstateRama) -- If you’ve been thinking about doing a short sale on your Nevada home, you might want to hurry up. The time is limited for homeowners who want to ensure they aren’t hit with a big tax bill becau...

WASHINGTON, DC - January 31, 2012 - (RealEstateRama) -- Rep. Keith Ellison (D-Minn.) joined 103 members of Congress today to urge President Obama to help Minnesotans heat their homes during winter. The Low-Income Home Energy Assistance Program (LIHEAP)...

Washington, DC - January 31, 2012 - (RealEstateRama) -- Congressman Edward J. Markey, Congressman John Tierney, and a bipartisan group of more than 100 lawmakers sent a letter urging President Barack Obama to fund the Low Income Home Energy Assistance ...

Atlanta, GA - January 31, 2012 - (RealEstateRama) -- Announced today QWR Attack! is the new mobile application on the Android Market to challenge mortgage foreclosures. Designed to help mortgage borrowers create a qualified written request to reconcile issues concerning a mortgage loan over enforceable security interest authority.

January 31, 2012 - (RealEstateRama) -- At its January 26, 2012 meeting, the Connecticut Housing Finance Authority Board of Directors approved the draft 2012 Housing Tax Credit Contribution (HTCC) Procedures for public comment. The 2012 HTCC Procedures will apply to all HTCC applications beginning in 2012, including those applying May 1, 2012.

Houston, TX - January 31, 2012 - (RealEstateRama) -- CBRE has arranged $250.0M in debt financing for the acquisition of Hess Tower, a 844,736-square-foot, Class AA trophy office asset in the Houston CBD. CBRE Capital Markets Senior Vice President Michael Strober worked on behalf of the borrower, H&R REIT to secure the eight-year, fixed-rate loan at 4.5% per annum through Pacific Life Insurance Company. Strober, based in Tampa, FL, was joined in representing H&R REIT by Bernard Branca and Greg Greene of CBRE Capital Markets in Houston and Dallas, respectively.

New York, NY - January 31, 2012 - (RealEstateRama) -- The State Supreme Court has delivered yet another ruling against the Metropolitan Transportation Authority (MTA) on its use of eminent domain in the taking of 194-196 Broadway in Lower Manhattan as part of the Fulton Street Transit Center project.

STAMFORD, CT - January 31, 2012 - (RealEstateRama) -- Jones Lang LaSalle reported that Fairfield County has seen steady improvement during the past year, posting falling vacancy rates and rising average asking rental rates in all property classes at year-end 2011. Westchester County presented more of a mixed picture, recording a small increase in rents despite an increase in vacancy rates in all property classes in the final quarter of the year.

Phoenix, AZ - January 31, 2012 - (RealEstateRama) -- GPE Commercial Advisors (gpe1.com) reported closing 25 commercial transactions in the amount of $9.6M for 95,037 square feet in December 2011.

IRVINE, CA - January 31, 2012 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that ...