Yearly Archives: 2019
The Boulder Group Arranges Sale of a $12.95 Million Single Tenant Jewel-Osco Grocery
The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased Jewel-Osco property located at 16625 W 159th St, Lockport, Illinois for $12,950,000.
The Challenges Faced by New York Property Developers
Property development in New York is difficult for a number of reasons: the high cost of construction and materials, the lack of space, and local laws. These factors are discussed in more details below
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 3.0 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending
Pending Home Sales Dip 2.2 Percent in December
Pending home sales declined as a whole in December, but for the second straight month the Western region experienced a slight increase, according to the National Association of Realtors
December Construction Unemployment Rates Down in 44 States Year Over Year, Says ABC
Estimated December not seasonally adjusted construction unemployment rates fell nationally and in 44 states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor
Equitable Housing Being Preempted by Legislatures Throughout the Country
A majority of state legislatures are using preemption laws to block local equitable housing policies, worsening the lack of affordable housing throughout the country.
What to Consider Before Buying a Fixer Upper
Thanks to the popularity of shows on HGTV, many homeowners are deciding to buy a home that’s in need of a little TLC instead of one that’s move-in ready. And while buying a fixer upper can indeed be a way to afford a house that is otherwise outside your budget and to create your dream home right away, it’s not always the right choice for all homeowners.
Get Home Repair Advice Jan. 29- Feb. 9 in Adjuntas, Juana Diaz, Peñuelas, San...
Kmart, National Lumber and Sears have teamed with FEMA to provide residents of Puerto Rico with free information and tips on how to make homes safer and stronger from earthquakes and tsunamis
A Climate-Smart Infrastructure Plan Should Encourage Energy-Efficient Upgrades in Buildings, CAP Analysis Says
By setting ambitious energy efficiency standards in buildings, the United States can lower energy costs for consumers, encourage job growth, and reduce energy-related pollution
November Construction Unemployment Rates Down in 44 States Year Over Year, Says ABC
Estimated November construction unemployment rates fell nationally and in 44 states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today
Ginnie Mae MBS Outstanding Increases to $2.042 Trillion
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $30.291 billion in December. A breakdown of December issuance includes $28.166 billion
NAHB Announces Finalists for Best of IBS Awards
he National Association of Home Builders (NAHB) has announced the finalists for its seventh annual Best of IBS Awards for the 2019 NAHB International Builders' Show (IBS) in Las Vegas.
Houston-area new-home sales gain momentum
The Houston region registered increases in new home sales and prices in December, bucking the trends in other large Texas cities, a new report showed.
HUD RENEWS FUNDING TO THOUSANDS OF LOCAL HOMELESS PROGRAMS
The U.S. Department of Housing and Urban Development (HUD) today awarded approximately $2 billion to renew support to thousands of local homeless assistance programs across the nation.
SBA Disaster Loan Outreach Centers Will Close on Feb. 4 In Craven, New Hanover...
The U.S. Small Business Administration (SBA) announced today, that due to a steady decrease of activity, the Disaster Loan Outreach Centers located in Jacksonville, New Bern and Wilmington, North Carolina will cease operations on Monday, Feb. 4.
Mayor Bowser Convenes Top 100 Local Employers to Discuss Strategies for Protecting and Building...
Mayor Muriel Bowser joined Washington, DC’s top 100 employers to discuss strategies for protecting and building the District’s economy as well as ensuring employers are hiring District
Statement from National Low Income Housing Coalition President and CEO Diane Yentel on the...
The shutdown was a disgrace, causing stress and hardship for our country’s lowest-income and most vulnerable people. Over time, we will learn the extent of the longer-term damage
SEC Emergency Action Charges Texas Real Estate Developer for Multi-Million Dollar Offering Fraud
The Securities and Exchange Commission announced today that it filed charges against Texas resident and real estate developer Phillip Michael Carter, two other individuals, and several
MBA Publishes Primer on Evolving Issues for LIBOR Transition Affecting Commercial Real Estate Finance
The Mortgage Bankers Association (MBA) today released a primer designed to provide members and the commercial real estate finance industry with an introduction to potential transition
