Yearly Archives: 2013

WASHINGTON, D.C. - November 12, 2013 - (RealEstateRama) -- Chairman Johnson, Ranking Member Crapo, and Members of the Committee, thank you for inviting me to testify today about the fourth Semi-Annual Report of the Consumer Financial Protection Bureau. Since we opened our doors just over two years ago, the Bureau has been focused on making consumer financial markets work better for the American people, and helping them improve their financial lives

WASHINGTON, D.C. - November 12, 2013 - (RealEstateRama) -- “Today Realtors® have demonstrated their all-inclusive support of ensuring fair housing opportunities by adding gender identity to their Code of Ethics. As we celebrate 100 years of the Realtor® Code of Ethics, this decision is a fitting example of the Code as a living, dynamic set of principles that define the professionalism that Realtors® bring to the real estate transaction

WASHINGTON, D.C. - November 12, 2013 - (RealEstateRama) -- According to Housing Instability Among Our Nation’s Veterans, a report released today by the National Low Income Housing Coalition, 1.5 million veteran households suffered from severe housing cost burden in 2011, spending more than 50% of their income on housing. There were also significant disparities among veteran households, with veteran households headed by a racial minority, females, and those with a disability more likely to be cost burdened than their counterparts.

WASHINGTON, D.C. - November 11, 2013 - (RealEstateRama) -- The Homeownership Preservation Foundation (HPF), an independent national nonprofit dedicated to helping distressed homeowners navigate financial challenges and avoid mortgage foreclosure through its Homeowner’s HOPE™ Hotline at 888-995-HOPE™, today announced that Janneke Ratcliffe joined its Board of Directors

AUSTIN, TX - November 11, 2013 - (RealEstateRama) -- The Austin Board of REALTORS® (ABoR) is pleased to announce the winners of the 2013 ABoR Industry Awards. These awards honor leaders in the real estate community for their outstanding contributions to the industry and their local communities. Join us in congratulating these hard working real estate professionals

Miami, FL – November 11, 2013 – CBRE has been selected by VITAS Innovative Hospice Care® to provide tenant representation services in all of its locations. Headquartered in Miami, Florida, VITAS operates 52 hospice programs in 18 states, or approximately 900,000 square feet of healthcare facilities. CBRE has provided tenant representation for VITAS since 2007. […]

WASHINGTON, D.C. - November 11, 2013 - (RealEstateRama) -- Wounded Army Sergeant James Miller and his family received keys to a mortgage-free home in a surprise ceremony in Victorville, Calif., today, becoming the latest servicemember to receive a home donated by Bank of America through nonprofit organizations

WASHINGTON, D.C. - November 11, 2013 - (RealEstateRama) -- The American Institute of Architects (AIA) today announced the release of seven new Sustainable Projects (SP) contract documents. The release includes SP versions of the AIA’s two families of Construction Management documents, Construction Manager as Adviser (CMa) and Construction Manager as Constructor (CMc), as well as B103™–2007 SP, Standard Form of Agreement Between Owner and Architect for a Large or Complex Sustainable Project.

WASHINGTON, D.C. - November 11, 2013 - (RealEstateRama) -- The National Renewable Energy Lab (NREL) and the U.S. Department of Energy (DOE) recently announced the availability of four multifamily Job Task Analyses (JTAs) for the home energy upgrade industry

SAN FRANCISCO - November 11, 2013 - (RealEstateRama) -- Predictive analytics, or evaluating and interpreting data to predict future outcomes and trends, is helping the real estate industry better understand transaction and market data and use it to benefit the industry, agents and consumers

SAN FRANCISCO - November 11, 2013 - (RealEstateRama) -- Issues with appraisals continue to impact real estate transactions, but better communications between real estate agents and appraisers could help to minimize problems, according to panelists at a property valuation forum here at the 2013 Realtors® Conference and Expo. Most of the attendees were both sales agents and appraisers.

SAN FRANCISCO - November 11, 2013 - (RealEstateRama) -- Rising interest and capitalization rates top the list of issues that have future implications for real estate. That’s according to an industry expert at the “Top 10 Issues Affecting Real Estate” session at the 2013 REALTORS® Conference and Expo.

SAN FRANCISCO - November 11, 2013 - (RealEstateRama) -- In a rare gathering of CEOs and senior executives from the biggest names in mortgage lending, Realtors® were told to expect market growth in 2014 and to prepare their buyers for transactions with heavy documentation requirements

WASHINGTON, D.C. - November 11, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the October edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation's housing market. The latest data show important progress across many key indicators—as home prices, purchases of new homes, and sales of existing homes continue to show strong annual gains—although officials caution that the overall recovery remains fragile. The full Housing Scorecard is available online at www.hud.gov/scorecard.

WASHINGTON, D.C. - November 11, 2013 - (RealEstateRama) -- This week, the House and Senate enacted the $1.4 billion housing bond bill. The bill, which is now before Governor Patrick for his signature, is the largest housing bond bill ever passed and is critical to ensuring that the state has the resources over the next five years to provide additional affordable housing opportunities for families, the elderly, and people with disabilities.

SAN BERNARDINO, CA - November 8, 2013 - (RealEstateRama) -- Marc Piron, Senior Vice President with NAI Capital’s Riverside office and Lidia Talavera, Vice President with the Ontario office, represented the Seller, Jara Holdings Second, LLC, in the sale of a 35,640 sq. ft. office property located at 1094 South E Street in San Bernardino, CA to the Buyer, MTK SoCal Investments, LLC. The value of the sales transaction was $4.6 million.

WASHINGTON, D.C. - November 8, 2013 - (RealEstateRama) -- Today, the Consumer Financial Protection Bureau (CFPB) launched a tool to help consumers find local housing counseling agencies to answer their questions or address their concerns. The Bureau is releasing the tool in advance of the January 2014 effective dates for its mortgage rules. The Bureau also published guidance for lenders on how to provide mortgage applicants with a list of local homeownership counseling organizations

WASHINGTON, D.C. - November 8, 2013 - (RealEstateRama) -- Housing and Economic Development Secretary Greg Bialecki accepted a national award from the Urban Land Institute (ULI) on November 6 recognizing the Commonwealth’s leadership in pursuing a strategy to increase the supply of housing needed, and in the places needed, for its workforce. This award not only recognizes the Patrick Administration’s efforts to stimulate multi-family housing but also the work of the Legislature and the Commonwealth’s quasi-public agencies which support housing: MassHousing, MassDevelopment, the Massachusetts Housing Partnership, the Community Development Economic Assistance Corporation and the Massachusetts Housing Investment Corporation.

WASHINGTON, D.C. - November 8, 2013 - (RealEstateRama) -- On Nov. 20-21, the National Coalition for Homeless Veterans (NCHV), in partnership with The Home Depot Foundation and Citi Salutes, is hosting the third annual Veterans Access to Housing Summit in Chicago, IL.

WASHINGTON, D.C. - November 8, 2013 - (RealEstateRama) -- Construction employment hit a 50-month high as employers added 11,000 jobs in October, the fifth consecutive month of sector job gains, and the industry unemployment rate fell to 9 percent, according to an analysis of new government data by the Associated General Contractors of America. Association officials said that the new employment figures indicate there was little nationwide short-term impact from the federal government shutdown and cautioned that skilled worker shortages are likely to grow as the industry continues to expand.