Yearly Archives: 2013
CFED Expands Programs to Improve Asset-Building Opportunities for Low- and Moderate-Income Households
WASHINGTON, D.C. - October 24, 2013 - (RealEstateRama) -- The Corporation for Enterprise Development (CFED), a nonprofit dedicated to expanding economic opportunity for low-income families and communities in the U.S., announced today that it will deploy $500,000 to strengthen the capacity of state and local nonprofits to ensure greater access to products, programs and policies that expand financial asset-building opportunities for low-to moderate-income consumers. The expansion is made possible by the JPMorgan Chase Foundation, and is part of the firm’s broader efforts to provide $1.4 million in grants to leading nonprofits that promote the financial capability of consumers.
King County Housing Authority and HomeSight break ground on eight affordably priced homes at...
White Center - October 24, 2013 - (RealEstateRama) -- HomeSight and the King County Housing Authority will mark the groundbreaking of eight new affordable homes located in Greenbridge with a celebratory pre-sales event. Greenbridge is a 96-acre, Three-Star Built Green™ master-planned community in White Center. The event will be held at noon on Saturday, October 26th in Umbrella Park, located at the corner of SW 100th Street and 7th Avenue SW, across from the Educare Early Learning Center in White Center.
Ellen Terry Chooses iHomefinder’s Optima IDX Solution
Berkeley, CA . - October 24, 2013 - (RealEstateRama) -- iHomefinder is pleased to announce that Ellen Terry of Briggs Freeman has chosen the Optima IDX solution for her website. For over 36 years, Ellen has served Dallas Metropolitan Area buyers and sellers with business expertise, exceptional customer service and the highest standards of ethics and integrity. Ellen offers her clients deep knowledge of the local market her years of extensive experience. She represents buyers and sellers specifically in the areas of Park Cities, Preston Hollow, Bluffview, Greenway Parks, Turtle Creek/ Uptown, Lakewood and North Dallas. With Optima IDX on her website, Ellen provides clients with a quick, accurate online home search experience.
America’s Net Lease Company® Brings Trophy Washington DC Real Estate to Market
Reston, VA - October 23, 2013 - (RealEstateRama) -- Calkain Companies' David Sobelman, Executive Vice President and Managing Partner, and Rick Fernandez, Managing Director, have been named exclusive sales agent for the sale of The Starbucks Building in the heart of Dupont Circle in Washington, DC. Dupont Circle is one of the most iconic and cosmopolitan neighborhoods in the United States, recognized the world over as the home of DC's Embassy Row. David Sobelman commented, "Offered for Sale is the premier retail property directly on the busiest and most prominent corner of Dupont Circle itself, the intersection of the Circle and Connecticut Avenue. The Starbucks Building is at the heart of the commercial district with shopping, dining, office and residences within one of the most walkable neighborhoods in America, central to the entire D.C. metro region.”
Harry Norman, Realtors® Honored with Two Prestigious Awards at 18th Annual Luxury Real Estate...
ATLANTA, Ga. - October 23, 2013 - (RealEstateRama) -- Harry Norman, REALTORS®, Atlanta’s leading luxury real estate brokerage, won two prestigious real estate awards at the 18th Annual Luxury Real Estate Fall Conference recently held in Atlanta at The Ritz-Carlton Buckhead on October 6-9, 2013. The conference is one of the largest luxury specific real estate conferences in the world. Harry Norman, Realtors was honored with the ‘Best Overall Marketing Package’ award, which is given to the Luxury Real Estate member displaying the most comprehensive package to market their company (website, marketing gear, listing presentation materials, etc.). Harry Norman offers a vast array of world-class services that provide home buyers and sellers with the best possible tools to look for and sell their home
NAHB Honors Building Systems Industry Leaders at Annual Awards Presentation
WASHINGTON, D.C. - October 23, 2013 - (RealEstateRama) -- The National Building Systems Councils (BSC) of the National Association of Home Builders (NAHB) bestowed 23 achievement awards to leading manufacturers and builders in the systems-built industry with the 2014 Jerry Rouleau Awards for Excellence in Marketing and Home Design.
NeighborWorks America Helps Nearly 1.6 Million Homeowners through Congressionally Funded National Foreclosure Mitigation Counseling...
WASHINGTON, D.C. - October 23, 2013 - (RealEstateRama) --Nearly 1.6 million homeowners have received foreclosure prevention counseling by local nonprofits, national intermediaries and state housing finance agencies participating in the National Foreclosure Mitigation Counseling (NFMC) program. The NFMC program is administered by NeighborWorks® America, one of the nation’s largest community development corporations.
Energy Department Announces $60 Million to Drive Affordable, Efficient Solar Power
WASHINGTON, D.C. - October 23, 2013 - (RealEstateRama) -- Building on President Obama’s broad-based plan to cut carbon pollution and support clean energy innovation across the country, Energy Secretary Moniz announced today about $60 million to support innovative solar energy research and development. As part of the Department’s SunShot Initiative, these awards will help lower the cost of solar electricity, advance seamless grid integration and support a growing U.S. solar workforce.
CBA Responds to Joint Regulator Statement Regarding QM Mortgages
WASHINGTON, D.C. - October 23, 2013 - (RealEstateRama) -- Richard Hunt, president and CEO of the Consumer Bankers Association, issued the following response after the Federal Reserve, CFPB, FDIC, OCC, and NCUA issued an interagency statement on fair lending compliance with the Ability-to-Repay/Qualified Mortgage (QM) rule
Federal Regulators Provide Guidance On Qualified Mortgage Fair Lending Risks
WASHINGTON, D.C. - October 23, 2013 - (RealEstateRama) -- Five federal regulatory agencies today issued a statement to address industry questions about fair lending risks associated with offering only Qualified Mortgages. Creditors have asked for clarity regarding whether the disparate impact doctrine of the Equal Credit Opportunity Act (ECOA) and its implementing regulation, Regulation B, allows them to originate only Qualified Mortgages. For the reasons described in the statement, the five agencies do not anticipate that a creditor's decision to offer only Qualified Mortgages would, absent other factors, elevate a supervised institution's fair lending risk.
RE/MAX Celebrates the 35th Anniversary of Its Iconic Hot Air Balloon
DENVER - October 23, 2013 - (RealEstateRama) -- The RE/MAX Hot Air Balloon, one of the most recognized real estate logos, is commemorating its 35th anniversary this month with celebratory balloon flights around the world
Bill Gillhepsy Selects iHomefinder’s WordPress IDX Solution
WASHINGTON, D.C. - October 22, 2013 - (RealEstateRama) -- iHomefinder is pleased to announce that Bill Gillhepsy of Century Tripower Realty has selected their Optima Express WordPress IDX solution for his website. Bill helps both buyers and sellers with real estate transactions in the Fort Myers Beach, Florida area. With experience and knowledge of the local area, Bill provides his clients and prospects with an in-depth understanding of the local real estate market. With iHomefinder's WordPress IDX solution on his website, Bill offers his website visitors a quick, intuitive and secure MLS/IDX search experience.
CONSTRUCTION ADDS 20,000 JOBS IN SEPTEMBER AS UNEMPLOYMENT HITS SIX-YEAR LOW; SPENDING CLIMBS IN...
WASHINGTON, D.C. - October 22, 2013 - (RealEstateRama) -- Construction employment rose by 20,000 in September and the industry’s unemployment rate fell to a six-year low of 8.5 percent, while construction spending increased for the fifth consecutive month in August, according to an analysis of new government data by the Associated General Contractors of America. Association officials cautioned that the data does not address any potential impacts from the recent federal government shutdown
HACP and Partners Host 16th Annual Clean Slate Program Featuring Charlie Batch
PITTSBURGH, PA - October 22, 2013 - (RealEstateRama) -- The Housing Authority of the City of Pittsburgh (HACP), Clean Slate E3 (the non-profit Affiliate of the HACP) will present Clean Slate 2013, featuring a keynote speech by Charlie Batch, 7:00 p.m. on Tuesday, Oct. 22, 2013, at the Carnegie Science Center
365 Connect Receives Coveted International W³ Award for Mobile Leasing and Resident Technology Platform
NEW ORLEANS, LA - October 22, 2013 - (RealEstateRama) -- 365 Connect, the New Orleans based, award-winning online technology platform provider for the multifamily housing industry, announced today that the company's Mobile Leasing and Resident Platform has received a W³ Award from the International Academy of the Visual Arts. This highly coveted international award further cements 365 Connect’s role as the leader in creating leading edge, web-based technology platforms for the multifamily housing industry.
MERS® System Documentation Now Available in AllRegs
Eagan, Minn. - October 22, 2013 - (RealEstateRama) -- AllRegs, the leading information provider in the mortgage industry, is proud to announce that MERSCORP Holdings, Inc. ("MERSCORP Holdings") the parent company of Mortgage Electronic Registration Systems, Inc. (MERS), will make the current versions of its MERS® System Rules of Membership and MERS® System Procedures Manual available in the AllRegs Information System known as AllRegs Online. This content is now available to AllRegs subscribers in the company’s flagship product, the Single-Family Lending Package
Tim Swafford of Chattanooga, Tenn., Named NAHB Remodeler of the Year
WASHINGTON, D.C. - October 22, 2013 - (RealEstateRama) -- NAHB Remodelers, the remodeling arm of the National Association of Home Builders, named Tim Swafford, CGR, CAPS, CGP, of Swafford Construction in Chattanooga, Tenn., the 2013 Remodeler of the Year in recognition of his professional remodeling achievements. The announcement was made at the NAHB Remodelers’ gala on Oct. 17 during the Remodeling Show in Chicago.
NAHB Remodelers Bestows Homes for Life Awards for Excellence in Aging-in-Place Remodeling
WASHINGTON, D.C. - October 22, 2013 - (RealEstateRama) -- NAHB Remodelers, the remodeling arm of the National Association of Home Builders, announced both winners of its annual Homes for Life awards, recognizing excellent remodeling work for aging-in-place and universal design. The awards were presented on Oct. 17 at the NAHB Remodelers’ annual gala during the 2013 Remodeling Show in Chicago
Williams Announces New Affordable Housing Funding from Federal Home Loan Bank
WASHINGTON, D.C. - October 21, 2013 - (RealEstateRama) -- Valarie M. Williams, Executive Director of the SC State Housing Finance and Development Authority (SC Housing) and a member of the Affordable Housing Advisory Council for the Federal Home Loan Bank Atlanta (FHLB) announces the opening of the Affordable Housing Program (AHP) Competitive for 2014.
Apartment Markets Retreat in Third Quarter NMHC Survey
WASHINGTON, D.C. - October 21, 2013 - (RealEstateRama) -- All four indexes of the National Multi Housing Council’s (NMHC) October Survey of Apartment Market Conditions dipped below 50 for the first time since July 2009. Market Tightness (46), Sales Volume (46), Equity Financing (39) and Debt Financing (41) all indicated declining conditions from the previous quarter.