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Yearly Archives: 2014

NAHB Urges OSHA to Withdraw Silica Rule

WASHINGTON, D.C. - February 13, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) on Tuesday requested that the Occupational Safety and Health Administration (OSHA) withdraw a proposed rule that would drastically lower the permissible exposure limit (PEL) of crystalline silica for the construction industry

NAR Tech Edge helps Realtors® Keep Abreast of the Latest Technologies

WASHINGTON, D.C. - February 13, 2014 - (RealEstateRama) -- The ever-changing technology landscape continues to transform the way that Realtors® and the real estate business operate. To help Realtors® keep up with the latest mobile and web-based technologies that can benefit their business and clients, the National Association of Realtors® is continuing its one-day technology conference series, NAR Tech Edge

Commercial Real Estate Investors “Cautiously Optimistic” As the Future Unfolds, According to New Outlook...

WASHINGTON, D.C. - February 13, 2014 - (RealEstateRama) --: Commercial real estate investments are expected to produce generally solid returns in 2014, according to the authors of Expectations & Market Realities in Real Estate 2014—The Future Unfolds, an annual forecast report released by Real Estate Research Corporation (RERC), Deloitte, and the National Association of Realtors®(NAR)

Last Chance to Register for the Sixth Annual NMLS Conference and Training Feb. 18-21!

Washington, DC - February 13, 2014 - (RealEstateRama) -- The sixth NMLS Annual Conference and Training will be held February 18-21 in Miami, Florida. At this year’s conference, state regulators will give a progress report on NMLS (or the System) enhancements over the past year, discuss the System’s expanding industry coverage, and train users on new functionality

Rebuilding Together and Choice Hotels International Team Up to Give Facelift to Outdoor Space...

WASHINGTON, DC - February 13, 2014 - (RealEstateRama) -- Rebuilding Together, a national nonprofit, is working with Choice Hotels International to renovate the garden and outdoor space at the Civitan Foundation, Inc., an organization that offers a year-round camp, life skills training and employment opportunities for individuals with developmental and physical disabilities

Lee & Associates Dallas-Ft. Worth Negotiates Industrial Sale in Arlington

ARLINGTON, Texas - February 11, 2014 - (RealEstateRama) -- Lee & Associates, the largest broker owned commercial real estate firm in the country, has negotiated the sale of a 227,120-square-foot industrial property at 1701 Timberlake Dr. in Arlington, Texas.

ABC Calls OSHA’s Proposed Crystalline Silica Rule Unworkable: Joins Safety Coalition in Asking for...

Washington, D.C. - February 12, 2014 - (RealEstateRama) - Associated Builders and Contractors (ABC), as part of the Construction Industry Safety Coalition (CISC), today requested the Occupational Safety and Health Administration (OSHA) withdraw its proposed rule to drastically lower the permissible exposure limit (PEL) of crystalline silica for the construction industry.

CONSTRUCTION INDUSTRY SAFETY COALITION URGES U.S. DEPARTMENT OF LABOR TO WITHDRAW “SIGNIFICANTLY FLAWED” SILICA...

WASHINGTON, D.C. - February 12, 2014 - (RealEstateRama) -- The Construction Industry Safety Coalition, which represents twenty-five different construction trade associations, issued the following statement today as it filed comments regarding the Occupational Safety and Health Administration’s (OSHA) proposed Crystalline Silica Rulemaking:

Officers Chosen at Lakewood Industrial Commission Meeting

WASHINGTON, D.C. - February 12, 2014 - (RealEstateRama) -- The board of the Lakewood Industrial Commission (LIC) elected its 2014 officers at the annual reorganization meeting of the LIC. Robert Kirschner, Owner of Robert Kirschner Real Estate, Lakewood, was re-elected chairman. Other officers are Justin Flancbaum, Executive Director of the Lakewood Township Municipal Utilities Authority, Vice Chair; and Gregory Stafford-Smith, Owner of AG&G Service Co. Sprinkler System Services, Secretary

Metro Areas See Solid Home-Price Growth, Some Markets Facing Affordability Issues

WASHINGTON - February 10, 2014 - (RealEstateRama) -- The lion’s share of metropolitan areas continued to experience strong year-over-year price growth in the fourth quarter, according to the latest quarterly report by the National Association of Realtors®. A companion metro area annual affordability report shows less favorable conditions, particularly in the West.

ABC Joins Construction Industry’s Pledge to Hire Vets

Washington, D.C. - February 10, 2014 - (RealEstateRama) -- Associated Builders and Contractors (ABC) Feb. 10 joined construction industry leaders from more than 100 companies in support of their pledge to employ 150,000 veterans in the next five years—a commitment that was made during the U.S. Department of Labor’s (DOL) Veterans’ Employment in Construction National Symposium

HGTV and DIY Network Talent Add Expert Advice to Rebuilding Together and HUD National...

WASHINGTON, - February 10, 2014 - (RealEstateRama) -- Housing Professionals at this year’s National Healthy Homes Conference, co-hosted by Rebuilding Together and the U.S. Department of Housing and Urban Development (HUD), can get green building answers and home improvement advice from HGTV and DIY Network stars Chris Lambton, Matt Muenster, and Tiffany Brooks. Held in in Nashville from May 28-30, 2014, the Conference, titled Leading the Nation to Healthy Homes, Families and Communities, will bring together housing and health professionals from the public and private sectors to share new research and emerging trends, as well as to inform housing policy to help prevent and remediate unsafe housing conditions for families.

CFPB Takes Steps to Improve Information About Access to Credit in the Mortgage Market

WASHINGTON, D.C. - February 10, 2014 - (RealEstateRama) -- Today, the Consumer Financial Protection Bureau (CFPB) is taking steps to improve information reported about the residential mortgage market to help better understand borrowers’ access to credit. As a first step in the rulemaking process, the CFPB is convening a panel of small businesses to provide feedback on potential changes to mortgage information reported under the Home Mortgage Disclosure Act (HMDA). Today the Bureau is also unveiling a new online tool that makes it easier to navigate the publicly available HMDA data

Prepared Remarks of CFPB Director Richard Cordray on the HMDA Press Call

WASHINGTON, D.C. - February 10, 2014 - (RealEstateRama) -- Thank you for joining us. Today we are taking important steps to improve information about the residential mortgage market. As Congress required in the Dodd-Frank Act, we are considering proposing rules that would make changes in how financial institutions report their mortgage activity. One of the main purposes of this effort is to gain greater insight into issues about access to credit. We are also releasing an important new tool today so the public can better use the mortgage loan data that is already available.

Mott & Chace Sotheby’s International Realty participates in four record breaking sales for 2013

Rhode Island - February 10, 2014 - (RealEstateRama) -- Mott & Chace Sotheby’s International Realty is pleased to announce its participation in four record breaking sales for 2013, according to MLS data. The company opened its doors in May 2013, and within its first six months of being in business, held the record for the highest transactions in four individual towns: Jamestown ($5,320,000), Portsmouth ($3,800,000), Little Compton ($3,250,000), and Charlestown ($3,250,000). Each of the waterfront homes were magnificent in their own right, with many amenities such as beautifully landscaped grounds, luxurious living spaces, and quality, custom architecture

New Online GI Bill Comparison Tool Available

WASHINGTON, D.C. - February 10, 2014 - (RealEstateRama) -- The Department of Veterans Affairs has launched an online GI Bill® Comparison Tool to make it easier for veterans, servicemembers and dependents to calculate their Post-9/11 GI Bill benefits and learn more about VA’s approvedcolleges, universities and other education and training programs across the country

CONSTRUCTION INDUSTRY ADDS 48,000 JOBS IN JANUARY DESPITE CONTINUING SEVERE WINTER WEATHER AS SECTOR’S...

WASHINGTON, D.C. - February 10, 2014 - (RealEstateRama) -- Construction employment jumped by the largest monthly amount in nearly seven years in January, bringing industry employment to the highest level since July 2009, according to an analysis of new government data by the Associated General Contractors of America. Association officials noted that, at the current rate of growth, it would not take long before many firms begin having difficulty finding enough skilled workers to meet demand

OBAMA ADMINISTRATION RELEASES JANUARY HOUSING SCORECARD

WASHINGTON, D.C. - February 10, 2014 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the January edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. The latest data show progress among key indicators. In 2013, home sales had their strongest performance in several years, foreclosure starts were at their lowest annual level since 2005 and homeowners’ equity is up $3.4 trillion since the beginning of 2012. While this scorecard notes positive trends in the housing market, officials caution that the economy is still healing from the Great Recession

FHFA Announces $1.2 5 B illion Settlement W ith Morgan Stanley

WASHINGTON, D.C. - February 10, 2014 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, today announced it has reached a settlement with Morgan Stanley, related companies and specifically named individuals for $1.25 billion. The settlement resolves claims in the lawsuit FHFA v. Morgan Stanley, et al. in the U.S. District Court of the Southern District of New York. The settlement addresses claims alleging violations of federal and state securities laws and common law fraud in connection with private-label mortgage-backed securities (PLS) purchased by Fannie Mae and Freddie Mac between 2005 and 2007.

NAHB Names the Nationals Gold Award Winners

WASHINGTON, D.C. - February 6, 2014 - (RealEstateRama) -- The year’s most outstanding work in residential real estate sales, marketing and design was honored by the National Association of Home Builders (NAHB) yesterday at The National Sales and Marketing Awards gala (known as “The NationalsSM”), one of the building industry’s most prestigious events. The event, hosted by the NAHB National Sales and Marketing Council, took place during the 2014 International Builders’ Show (IBS) in Las Vegas

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

FinCEN Requests Comments on Proposed Form for Compliance with Residential Real...

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a 60-day notice in the Federal Register concerning the form that select real estate professionals will use to report information about certain residential real estate transfers under the Residential Real Estate Rule.