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Home Buyer Tax Credit Won’t Fix the Foreclosure Crisis
HOME BUYER TAX CREDIT WON'T FIX THE FORECLOSURE CRISIS AND WON'T KEEP PEOPLE IN THEIR HOMES
Congress Should Focus on Restructuring Mortgages, Not on Housing Oversupply
America’s Rapidly Rising Foreclosure Areas
Though delinquencies continue to mount in Detroit, Stockton, Calif., and Las Vegas, markets where the number of foreclosures are relatively low, but rapidly rising, are also causing concern
Fundamentals Holding in Commercial Real Estate
WASHINGTON, March 12, 2008 - Commercial real estate market fundamentals are fairly stable, although investment is waning following a record year in 2007, according to the latest COMMERCIAL REAL ESTATE OUTLOOK of the National Association of Realtors
Builder Confidence In Condo Market Declines Again
March 11, 2008 - The Multifamily Condo Market Index (MCMI) ended 2007 on a low note, with the component of the index tracking builder confidence in current conditions standing at 18.8, down nearly 11 points from the same time a year ago, according to the National Association of Home Builders (NAHB)
NAHB’s Cost Of Doing Business Study Helps Builders Evaluate Their Financial Performance
March 11, 2008 - Builders now have an opportunity to see how their business stacks up against the competition. The National Association of Home Builders (NAHB) recently released the 2008 edition of the Cost of Doing Business Study, a national study of builders’ business practices and financial performance.
Why Now is a Smart Time to Buy
Now is a great time to buy a home, say the financial gurus at the Wall Street Journal.
The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it’s not revolutionary, but some potential customers might find it reassuring
Homes Of The Billionaires
That's right. Legendary investor Warren Buffett, 77, still calls his humble digs in Omaha's Happy Hollow suburb home, despite a $62 billion fortune that eclipses the gross domestic products of Croatia and Jordan combined.
Studies Show Alternatives More Effective In Addressing Affordability Problems
March 6, 2008 - Mandatory inclusionary zoning requiring builders to sell a certain number of homes at below-market prices is a complex market intervention that can act like a tax on housing and worsen the affordable housing problem it is meant to solve.
Housing Finance System Reform Vital For Housing And Economy, Builders Tell Congress
March 6, 2008 - To help bolster a faltering housing market, the National Association of Home Builders (NAHB) today called on Congress to move quickly to enact comprehensive regulatory reform for housing government sponsored enterprises (GSEs) Fannie Mae, Freddie Mac, and the Federal Home Loan Banks that will ensure their financial safety and soundness and allow them to vigorously pursue their housing mission.
Recognizing Inspection Red Flags
Practitioners can protect themselves against potential liability by learning how to pick out visible defects in new and older homes.
Weak Economic Reports Drive Mortgage Rates Downward
McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 6.03 percent with an average 0.5 point for the week ending March 6, 2008, down from last week when it averaged 6.24 percent.
Flat Existing-Home Sales Likely Before Gradual Recovery
WASHINGTON, March 06, 2008 - The volume of existing-home sales is expected to hold steady through late spring, with a gradual recovery during the second half of the year as the mortgage situation improves in high-cost areas, according to the latest forecast by the National Association of Realtors®. Lawrence Yun, NAR chief economist, said many buyers have been waiting for higher mortgage loan limits.
REALTORS Urge Increased National Loan Limit as Vital to Housing Market
WASHINGTON, March 06, 2008 - The National Association of Realtors® today called on the U.S. Senate to enact reform legislation for the nation’s government-sponsored enterprises (GSEs) that will protect the vibrancy, liquidity and stability of the U.S. housing finance system.
The U.S. Department of Housing and Urban Development to Use Radar Logic as a...
NEW YORK, NY – March 6, 2008 – The Secretary of Housing and Urban Development (HUD) today released the new median home price guidelines for use in establishing conforming loan limits as part of the Economic Stimulus Act.
Economic Stimulus’ Biggest Real Estate Winners
There's some good news on the horizon for homeowners in cities like San Diego, Washington D.C. and Sacramento, Calif., where the real estate boom and bust has left those markets reeling from the effects of overbuilding, bad loans and foreclosures.
REALTORS® Reach More Consumers with New NAR Strategic Alliance
WASHINGTON, March 05, 2008 - The National Association of Realtors® has established a strategic alliance that will help Realtors® identify potential home buyers and sellers more efficiently. infoUSA Inc. joins NAR’s roster of REALTOR Benefits® partners as a leading provider of sales leads, mailing lists and database marketing tools.
HUD AWARDS $50 MILLION TO AID PUBLIC HOUSING SENIORS AND FAMILIES
WASHINGTON - The U.S. Department of Housing and Urban Development today awarded more than $50 million in grants to assist senior citizens, disabled individuals and families living in public housing across the U.S, Hawaii, and Puerto Rico. HUD is awarding nearly $34 million to offer public housing residents greater access to education and employment and another $16 million to help elderly and disabled public housing residents to live independently
FORECLOSURE ACTIVITY INCREASES 8 PERCENT IN JANUARY
RealtyTrac the leading online marketplace for foreclosure properties, today released its January 2008 U.S. Foreclosure Market Report™, which shows foreclosure filings — default notices, auction sales notices and bank repossessions — were reported on 233,001 properties during the month, an increase of 8 percent from the previous month and an increase of nearly 57 percent from January 2007.
Children of Late Singer Fight Sale
Some of the singers’ 10 children don’t want the property sold. Ho himself put the home on the market for $10 million before he died last year. Family members never thought it would sell, but Ho’s trustees lowered the price to under $7 million and a sale is pending.
$1 Million Homes: A Prestigious Purchase
BusinessWeek Online surveyed million-dollar homebuyers in 20 markets across the country and concluded that buyers today who are seeking $1 million homes can truly afford them and see the purchase as a confirmation of their success – even when there are lots of other nice homes available for less.
U.S. National
HomeVision and Restb.ai Partner to Bring Advanced Computer Vision to Collateral Underwriting
Home Vision, the industry-leading collateral underwriting and appraisal review platform, and Restb.ai, a trusted innovator in computer vision AI for the mortgage industry, today announced a strategic partnership to advance the real estate valuation workflow. By integrating Restb.ai’s advanced artificial intelligence into HomeVision’s MIRA (Machine Intelligence Review Assistant) platform
Messy Garage? Here’s How to Organise It Once and for All
Is your garage a catch-all for old equipment, sporting goods, and forgotten memories? You’re not alone. A cluttered garage is a common challenge for many Australian households where space is often shared between vehicles, storage, and hobby areas.
Dividing Assets Made Easy: How to Sell Your House Quickly to a Cash Buyer
When facing the complexities of dividing assets, the urgency to sell your house quickly can become paramount. Whether you’re navigating a divorce, settling an estate, or simply wishing to
Busting the Top Myths About Cash Home Buyers in 2025!
In today's fast-paced real estate market, cash home buyers have become a prominent force, often surrounded by a cloud of myths and misconceptions. As we delve into 2025, understanding who
Real Estate Scams That an Edmonton Real Estate Lawyer Can Help You Avoid
The real estate market can be tricky, full of scams that could hurt your finances and disrupt your future plans. From fake listings to mortgage fraud, knowing the risks is key to making smarter decisions. An Edmonton real estate lawyer can help protect your transactions, investments, and long-term financial stability, giving you greater peace of mind throughout the process.
Alliance To Save Energy Supports Bipartisan Weatherization Bill To Lower Energy Costs Through Energy...
The Alliance to Save Energy (Alliance) supports H.R. 1355, the Weatherization Enhancement and Readiness Act, bipartisan
Top Real Estate Investment Software for Smarter Deals
Thanks to technological developments that enable investors to make better, data-driven judgments, the real estate investment scene has changed significantly recently. The days of running
Southern Utah Living: Embracing Community and Comfort
The first time I drove through Southern Utah, the red rock formations seemed to glow in the afternoon sun. It felt like entering a painting—one where nature showed off its best colors. That feeling hasn't changed over the years.
Reps. Cleaver, Fletcher, Williams Introduce Legislation to Help Heirs’ Property Landowners Prove Ownership and...
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new
HUD and Census Bureau Report New Residential Sales in January 2025
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for January 2025
Sell for More! Upgrades to Make Your Home Look High-End
Selling a home is about more than just listing it and hoping for the best. If you want top dollar, your home needs to look like it’s worth every penny. This is especially true in a real estate market
Hive MLS and SourceRE Announce Investment and Long-Term Partnership
Hive MLS, one of the nation’s fastest-growing Multiple Listing Services (MLS), has announced an investment and long-term partnership with SourceRE, a leading provider of MLS data
Navigating a Competitive Housing Market: Strategies for Buyers
Buying a home in today’s market is more challenging than ever. In many areas, houses sell within days, often for more than the asking price. According to recent data, home prices have surged,
NAHB Announces Best of IBS Winners at International Builders’ Show
The National Association of Home Builders (NAHB) named the winners of its 12th annual Best of IBS™ Awards during the NAHB International Builders’ Show® (IBS) in Las Vegas. The awards
CONSTRUCTION OUTLAYS SLIP IN JANUARY AS POTENTIAL WIDESPREAD TARIFFS THREATEN TO PUSH BACK INVESTMENT...
Spending Declines for Manufacturing, Educational, and Multifamily Construction, Outweighing Gains in Single-Family Homebuilding
First Ever NY College Public Safety Symposium Works to Enhance Public Safety on Campuses...
Joint Effort between the NYS Office for the Prevention of Domestic Violence and the Division of State Police Will Bring 200 Campus Leaders and First Responders Together
Wyoming REALTORS selects Form Simplicity as its transaction management benefit for members
Wyoming REALTORS has selected Form Simplicity, one of the real estate industry’s most trusted and widely used transaction
Habitat for Humanity calls on lawmakers to invest in new and existing tools to...
The dwindling supply of affordable starter homes across America is a crisis that denies millions of families the foundation for stability and opportunity while straining communities and
Pending Home Sales Waned 4.6% in January
Pending home sales pulled back 4.6% in January according to the National Association of REALTORS®. The Midwest, South and West experienced month-over-month losses in transactions – with the most significant drop in the South – while the Northeast saw a
Flipping Houses? Why Professional Cleaners Are Your Secret Weapon
Reality TV makes house flipping look easy - find a rundown property, renovate it with a few well-placed hammer swings, and sell for profit. But what these shows rarely reveal is the messy reality of waiting for flippers when they first open the door.
U.S. States
President Donald J. Trump Approves Emergency Disaster Declaration for Texas
FEMA announced federal disaster assistance has been made available to the state of Texas to supplement state and local recovery efforts in the areas affected by Hurricane Hanna from July 25, 2020, and continuing
FEMA Fire Management Assistance Granted for the Numbers Fire
The Federal Emergency Management Agency (FEMA) has authorized the use of federal funds to assist the State of Nevada in combating the Numbers Fire burning in Douglas County.
How Much Does It Cost To Start An LLC In Texas?
In the process of setting up your Texas LLC, you'll be faced with quite a few expenses. Some of these are required by legislation, and others are just recommended. We'll cover the costs of setting up an LLC in Texas and also provide you with the informatio
5 Benefits Of Using A Registered Agent In Texas
The services of a registration agent began as part of due process in the US Constitution. A lawsuit includes the legal right to be notified of claims or other legal matters. Here are some brief things that will help explain what a Registered Agent Service In Texas
Avoid TV Tip-Over Incidents During Super Bowl LIV with Safety Tips
The New York State Division of Consumer Protection (DCP) is alerting consumers about the dangers of television (TV) tip-over hazards. Millions of New Yorkers will watch the Super Bowl this Sunday either on TVs at home or at parties with friends. DCP is taking this TV-focused occasion to remind consumers of critical TV safety tips.
Brand-New Single-Tenant Starbucks Drive-Thru Trades in Fresno, Calif. for $1,345 PSF
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a brand-new, single-tenant Starbucks
Rosenberg family home for the holidays – and prepared for future hurricanes
A Houston-area mom is sharing her Hurricane Harvey recovery story this holiday season, along with the importance of always being prepared for flood events.
5 Cities in Florida: Which One Makes for the Best Real Estate Investment Opportunity...
Fast-growing Florida has been a favorite of real estate investors for many years. With so much interest having been focused on the state, though, investors need to take care to seek the best available opportunities.
WALTER J. MAHONEY STATE OFFICE BUILDING TO BE SOLD
Office of General Services Commissioner RoAnn Destito today announced that the Senator Walter J. Mahoney State Office Building located at 65 Court Street in Buffalo will be sold at auction in 2020. A work group formed earlier this year made up of City, County, and State officials working with professional real estate consultants CBRE, determined that in the current competitive and robust Buffalo real estate market
Charleston South Carolina expected to outpace national real estate market averages through 2025
The National Association of Realtors® (NAR) recently identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are
WHAT IS THE EVICTION PROCESS IN CALIFORNIA?
Eviction is a dirty word for both tenants and the landlords that believe the time has come to remove one or more parties from an apartment. The process anywhere can lead to a strained relationship at best and a bitter acrimonious fight that ends up in the judicial system.
FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Katy, Houston and Spring from Monday, Dec. 9, to Saturday
Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a...
Associated Builders and Contractors released its 2019 Merit Shop Scorecard today, an annual ranking based on state policies and programs that encourage workforce development, career and technical education
Top 4 Places to Buy a Second Home in the US
There are about 7.4 million homes owned as a second home in the United States. For many people, their second home is a vacation home. This gives them a chance to get away and break routine while also having all of the comforts of being in their own home.
Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...
New Destiny was joined by supporters and colleagues to celebrate the opening of its newly constructed service-enriched affordable housing project - The Jennings - located in the Crotona Park East
HUD AWARDS $1.5 MILLION TO PUBLIC HOUSING AUTHORITIES TO ASSIST YOUNG PEOPLE AGING OUT...
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out
BLM NAMES VETERAN LAND MANAGER TO LEAD CALIFORNIA STATE OFFICE
The Bureau of Land Management today announced that Karen Mouritsen has been named the new California State Director—a key leadership position based in Sacramento. As State Director, Mouritsen will direct a team that manages lands encompassing 15% of the Golden State’s total land mass
California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns
Today, a federal jury found an Oakland-area real estate developer guilty for funneling tens of thousands of dollars through straw donors into two consecutive congressional campaigns
NYS OASAS ANNOUNCES OPENING OF NEW RECOVERY CENTER IN NEW YORK CITY
The New York State Office of Alcoholism and Substance Abuse Services (OASAS) today announced the opening of the new JLC Recovery and Wellness Center in New York City. JLC is operated by Exponents Inc. and provides free help and support services for people affected by addiction and for their families.
Robust U.S economy not a boost for black homeownership
In spite of a robust U.S. economy, a strong employment rate, and steadily increasing 401(k) plan earnings, Black homeownership rates continue to drop. Drawing from the 2019 release of the National Association of Real Estate Brokers
Popular
SIXTY PERCENT OF FIRMS WORKING ON HIGHWAY UPGRADES EXPERIENCED CARS CRASHING INTO THEIR WORK...
Annual Survey by HCSS and Associated General Contractors of America Finds Drivers and Passengers are at Greater Risk of Injury and Death in Work Zone Crashes As Officials Urge Drivers
New Home Sales Decline in May
Sales of newly built, single-family homes fell 7.8 percent to a seasonally adjusted annual rate of 626,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving
Water-loving outdoor recreationists and local communities in 27 states will have additional resources to help boaters keep America’s waters clean, thanks to more than $17 million in Clean Vessel Act program grants from the U.S. Fish and Wildlife Service.
Port Aransas ready for return of summer tourism
Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
OJO Labs: Five Months, Eight Major Awards
OJO Labs, a leading-edge technology company on a mission to empower consumer decision-making through its conversational AI assistant, OJO, won the highly coveted 2019 A-List Award among mid-sized companies from the Austin Chamber of Commerce in partnership with SXSW
Should I Rent Out my Property on Airbnb?
Listing property on Airbnb has become a popular way to make extra money, meet new people, and provide some freedom, but there are a few key things to think about when you are considering listing your property. It is key to know what you’re getting yourself into.
The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...
The Rockefeller Foundation today announced an initiative to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act. This effort will help ensure new investment delivers sustainable benefits for more than 30 million low-income Americans living in Opportunity Zones
Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...
Pauline Weaver Senior Apartments is located in the Warms Springs area of Alameda County and features 90 apartment homes for very low and extremely low-income seniors, near I-880 freeway, BART, shopping, services and other amenities.
VA’s Home Loan Guaranty program notifies Veterans of potential loan fee waivers
The U.S. Department of Veterans Affairs (VA) announced May 13 that Veterans who qualify for a VA Home Loan funding fee waiver are now being notified in their home loan eligibility certificate and disability compensation award letter.
A Stellar Idea: My Florida Regional MLS Reimagines the Multiple Listing Service
The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers
NATIONAL ASSOCIATION OF HOME BUILDERS TO CO-HOST HUD INNOVATIVE HOUSING SHOWCASE
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the National Association of Home Builders (NAHB) will co-host the Department's inaugural "Innovative Housing Showcase." The Innovative Housing Showcase will be held on the National Mall June 1-5, 2019
Department of the Interior: Yakima Water Plan Is a “Model” and “Holistic”
Yesterday, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, asked the Department of the Interior about its commitment to the Yakima River Basin during a hearing on the president’s FY 2017 budget request. Deputy Secretary of the Interior Michael Connor agreed with Sen. Cantwell that the Yakima River Basin plan “is a model for the rest of the nation in water management.”
Energy Costs to Cook Thanksgiving Meal Up to 25% Lower in 2015
“Consumers Energy is thankful to be a part of holiday celebrations across the state as warm Thanksgiving memories are being made, and we are committed to providing many more generations of Michigan families with reliable, affordable energy in all seasons,” said Garrick Rochow, Consumers Energy’s vice president and chief customer officer
Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements
WASHINGTON, D.C. - December 13, 2013 - (RealEstateRama) -- Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The exemptions are intended to save borrowers time and money while still ensuring that the loans are financially sound
Department Enters into Consent Order with Equity Loans, LLC and its owners Eduardo Gutierrez...
Atlanta, Georgia - November 13, 2013 - (RealEstateRama) -- the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Equity Loans, LLC, License Number 23300, located at 1150 Hammond Dr., Building E, Suite 650, Atlanta, Georgia 30328, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act