Yearly Archives: 2014
DataQuick Assists Lenders with Regulation B Dilemma
SAN DIEGO, - January 22, 2014 - (RealEstateRama) -- DataQuick®, a provider of advanced real estate information solutions powered by data, analytics and decisioning, is helping lenders across the country adjust to a recently implemented Equal Credit Opportunity Act (ECOA) regulation that limits mortgage professionals’ use of automated valuation models (AVMs).
EPA Announces Nearly $5 Million in Grants to Support Research to Protect America’s Urban...
WASHINGTON, D.C. - January 21, 2014 - (RealEstateRama) -- Today, the U.S. Environmental Protection Agency (EPA) announced nearly $5 million dollars in grants to five universities to evaluate innovative green infrastructure practices in urban areas, using Philadelphia, Pa. as the pilot area. These grants stem from a cooperative partnership between EPA and Philadelphia’s Green City, Clean Waters program that represents a broad, long-term investment in implementing green infrastructure stormwater management practices.
CONSTRUCTION FIRMS EXPECT GROWING DEMAND IN 2014 AS CONTRACTORS PLAN TO START HIRING AND...
WASHINGTON, D.C. - January 21, 2014 - (RealEstateRama) -- Many firms plan to start hiring again and most contractors predict demand will either grow or remain stable in virtually every market segment this year according to survey results released today by the Associated General Contractors of America. The survey, conducted as part of Optimism Returns: The 2014 Construction Industry Hiring and Business Outlook, provides a generally upbeat outlook for the year even as firms worry about growing worker shortages, rising costs and the impact of new regulations and federal budget cutting.
Investors Turn to Recovering Markets, Regional Cities and Secondary Property as the Competition for...
LONDON - January 21, 2014 - (RealEstateRama) -- The competition for prime assets in Europe’s major real estate markets is leading investors to turn to recovering markets such as Ireland and Spain, regional cities and secondary property in search of returns, according to Emerging Trends in Real Estate® Europe 2014, a forecast published jointly by the Urban Land Institute (ULI) and PwC
New ‘Bending the Cost Curve’ Report from ULI and Enterprise, Explores Solutions to Expand...
WASHINGTON, D.C. - January 21, 2014 - (RealEstateRama) -- Solutions to increase the supply of affordable rental housing are explored in a new report from the Urban Land Institute’s (ULI) Terwilliger Center for Housing and Enterprise Community Partners, Inc (Enterprise).
Dayton Commercial Realty’s Richard Moody to be Featured on Close-Up Talk Radio
Dayton, OH - January 20, 2014 - (RealEstateRama) -- The city of Dayton boasts the country’s least expensive commercial real estate. Whether someone wants to buy or lease commercial real estate, the market is currently the best it’s been since the Great Recession
OBAMA ADMINISTRATION ANNOUNCES SEVEN ADDITIONAL CITIES PARTICIPATING IN THE STRONG CITIES, STRONG COMMUNITIES INITIATIVE
WASHINGTON - January 20, 2013 - (RealEstateRama) -- Today the Obama Administration announced it is expanding the Strong Cities, Strong Communities (SC2) Initiative to include Brownsville, TX; Flint, MI; Gary, IN; Macon, GA; Rockford, IL; St. Louis, MO; and Rocky Mount, NC. President Obama established SC2 in 2011 as an innovative and flexible program designed to strengthen local capacity, coordinate federal investments, and spark growth in economically distressed communities. The SC2 Initiative was developed through engagement with mayors, Members of Congress, foundations, nonprofits and other community partners who are committed to addressing the challenges facing local governments as they work to create economic opportunity for all residents
HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN DECEMBER
WASHINGTON WASHINGTON, D.C. - January 20, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today announced the following new residential construction statistics for December 2013
KTGY Principals to Speak at NAHB International Builders’ Show (IBS) on Latest Design &...
IRVINE, CALIF. WASHINGTON, D.C. - January 20, 2013 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture + Planning, is pleased to announce that two KTGY principals, Rohit Anand, AIA, NCARB, and Manny Gonzalez, AIA, NCARB, LEED AP, have been invited to speak at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) held February 4-6, 2014, at the Las Vegas Convention Center in Las Vegas, NV. Anand and Gonzalez are frequent guest speakers and panelists at the most prestigious national and regional industry events.
Nationwide Housing Production Edges Just Under 1 Million Units in December
WASHINGTON, D.C. - January 17, 2013 - (RealEstateRama) -- Following an unusual surge in housing starts in November, nationwide housing production fell 9.8 percent to a seasonally adjusted annual rate of 999,000 units in December, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau
CFPB Takes Action Against Mortgage Kickbacks
WASHINGTON, D.C. - January 17, 2013 - (RealEstateRama) -- Today the Consumer Financial Protection Bureau ordered a Missouri mortgage lender, Fidelity Mortgage Corporation, and its former owner and current president, Mark Figert, to pay $81,076 for funneling illegal kickbacks to a bank in exchange for real estate referrals
Realtors® Rate Exterior Replacement Projects Among Most Valuable Home Improvements
WASHINGTON, D.C. - January 17, 2013 - (RealEstateRama) -- A home’s curb appeal is crucial because it can be the first thing buyers notice about a home. That’s why Realtors® rated exterior projects among the most valuable home improvement projects in the 2014 Remodeling Cost vs. Value Report
Balfour Beatty Communities Signs On as Largest Multifamily Partner in Department of Energy’s Better...
NEWTOWN SQUARE, Pa. - January 17, 2013 - (RealEstateRama) -- Balfour Beatty Communities, LLC, a leading provider of property management, development and related real estate services for the multifamily, military, and student housing markets, today announced its participation in the Department of Energy’s (DOE) Better Buildings Challenge, an initiative asking U.S. companies, universities and state and local governments to step up and commit to significant reductions in both energy consumption and waste across their portfolio of properties. Balfour Beatty Communities has committed to reducing energy consumption across its portfolio of military, student and multifamily housing—44,000 homes across 26 states—by 20% over a period of 7 years.
Apartment Markets Soften Slightly According to NMHC Survey
WASHINGTON, D.C. - January 17, 2013 - (RealEstateRama) -- Apartment market conditions weakened a bit in January compared with three months earlier. The market tightness (41), sales volume (41) and debt financing (42) indexes were all a little below the breakeven level of 50, although the equity financing index rebounded to 50. Higher interest rates may largely explain the modest decline in both sales volume and debt financing. With considerable equity capital continuing to look for apartment opportunities, a number of respondents noted a growing divide between would-be buyers and sellers on pricing.
NAREE Issues Call for Entries in the National Association of Real Estate Editors 64th...
BOCA RATON, Fla. - January 16, 2013 - (RealEstateRama) -- The National Association of Real Estate Editors has issued a Call for Entries for the 64th Annual NAREE Journalism Competition for real estate and home and design writers and editors. Staff writers, freelancers, columnists, bloggers and editors are eligible to enter their work published, posted or aired in 2013. Entry deadline is March 1, 2014.
Builder Confidence Slips One Notch in January
WASHINGTON, D.C. - January 16, 2013 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes fell one point to 56 in January from a revised December reading of 57 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.
Attorney General Kamala D. Harris Busts Statewide, Multi-Million Dollar Housing Scheme
FRESNO - January 16, 2013 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced the arrest of five individuals who allegedly ran a statewide housing scheme by using adverse possession laws to fraudulently seize at least 23 homes in nine counties.
Former Miami Real Estate Agents Sentenced for Roles in Multimillion-dollar Mortgage Fraud Scheme
WASHINGTON, D.C. - January 16, 2013 - (RealEstateRama) -- Two former Miami real estate agents were sentenced today for their roles in a $2.4 million mortgage fraud scheme, announced Acting Assistant Attorney General Mythili Raman of the Justice Department’s Criminal Division.
Energy Department Updates Home Energy Scoring Tool
WASHINGTON, D.C. - January 15, 2013 - (RealEstateRama) -- The Energy Department announced on January 9 its first major software update to the Home Energy Scoring Tool, developed by the Department's Building Technologies Office and Lawrence Berkeley National Laboratory (LBNL). The Home Energy Score allows homebuyers to compare homes on an "apples-to-apples" basis and provides recommendations for energy efficiency improvements. In addition, homeowners and homebuyers receive a cost-saving estimate of how these improvements could reduce utility bills and improve a home's score
Rebuilding Together and Lowe’s to Complete Kickoff To Rebuild Project- Super Bowl XLVIII Event...
MOONACHIE, N.J. - January 15, 2013 - (RealEstateRama) -- Rebuilding Together, a national nonprofit organization, is teaming up with Lowe’s to revitalize a Moonachie, N.J. neighborhood as part of Kickoff to Rebuild, a Super Bowl XLVIII-sanctioned event