Tuesday, March 11, 2025
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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.

FTC Sues Two Mortgage Foreclosure “Rescue” Operations

As part of the Federal Trade Commission’s intensified efforts to protect consumers from mortgage foreclosure rescue scams, the agency has filed two lawsuits charging six individuals and their businesses with falsely claiming that they will stop foreclosure.

REALTORS® Speak Out on Behalf of Housing Affordability for Veterans

WASHINGTON, February 28, 2008 - The National Association of Realtors® testified today in Congress that the Veterans Home Loan Guaranty Program should continue to be a valuable asset in helping the nation’s veterans achieve the dream of homeownership in a way that is safe, fair and affordable.

FTC Charges Mortgage Foreclosure “Rescuers” with Deceiving Homeowners

In an ongoing effort to crack down on businesses that prey upon homeowners facing foreclosure, the Federal Trade Commission has charged six businesses and three individuals with violating the Home Ownership and Equity Protection Act (HOEPA), the FTC Act, and the Truth in Lending Act (TILA) by enticing homeowners into high-cost, short-term loans secured by an additional mortgage on their homes.

SEC Charges Three Promoters for Victimizing Military Families in Real Estate Investment Scheme

Washington, D.C., Feb. 27, 2008 - The Securities and Exchange Commission today charged three promoters who targeted military families in a multi-million dollar investment scheme that forced victims into personal bankruptcy and their homes into foreclosure.

New-Home Sales Decline to a 13-Year Low

Sales of new single-family homes fell 2.8 percent in January to the lowest rate in nearly 13 years, according to a U.S. Commerce Department report issued Wednesday.

Wells Fargo Analysis: 200 Troubled Markets

Wells Fargo & Co., the country’s second-largest mortgage lender, says it has identified more than 200 housing markets nationwide where the mortgage crisis has spread.

REALTOR® Magazine’s Good Neighbor Awards Opens Call For Entries

WASHINGTON, February 26, 2008 - Nominations are now open for the National Association of Realtors® ninth annual REALTOR® Magazine Good Neighbor Awards. The program recognizes Realtors® whose extraordinary commitment to volunteer work has helped make their community a better place to live.

WIDESPREAD HOUSE PRICE DECLINES IN FOURTH QUARTER

WASHINGTON, DC – U.S. home prices fell in the fourth quarter of 2007 according to OFHEO’s seasonally-adjusted purchase-only house price index. The index, which is based on data from home sales, was 1.3 percent lower on a seasonally-adjusted basis in the fourth quarter than in the third quarter of 2007. This decline was substantially greater than the 0.3 percent price decline between the second and third quarters.

HUD Secretary: FHASecure helps 100,000 Americans stay in their homes

WASHINGTON - U.S. Housing and Urban Development Secretary Alphonso Jackson today announced that HUD's FHASecure product has helped 100,000 homeowners refinance their mortgages and avoid foreclosure. Since September 2007, FHASecure has enabled tens of thousands of families - who are current on their home loans or past due because their teaser rates reset - to close on loans refinanced through HUD's Federal Housing Administration (FHA), which is backed by the full faith and credit of the government

HUD Secretary applauds NeighborWorks America for awarding $130 million for Foreclosure Prevention Counseling

WASHINGTON - U.S. Housing and Urban Development Secretary Alphonso Jackson today issued the following statement applauded NeighborWorks America for expeditiously awarding $130 million to HUD-approved national counseling intermediaries and state housing finance agencies that will provide thousands of families with foreclosure prevention counseling.

Best Places To Get Ahead

Move to New York, and you could become an investment-banking millionaire. Head for Los Angeles for a chance at an eight-figure Hollywood paycheck. Or go prospecting in San Francisco for dot-com gold.

Existing-Homes Sales Slip in January as Some Potential Buyers Wait on Sidelines

WASHINGTON, February 25, 2008 - Existing-home sales – including single-family, townhomes, condominiums and co-ops – slipped 0.4 percent to a seasonally adjusted annual rate(1) of 4.89 million units in January from an upwardly revised level of 4.91 million in December, and are 23.4 percent below the 6.44 million-unit pace in January 2007.

Governors Demand Federal Leadership On Subprime Mortgage Crisis

February 24, 2008 - Governor Eliot Spitzer today joined Governors from across the United States in calling on the Bush Administration to deliver a comprehensive solution to the ongoing mortgage crisis. As more Americans lose their homes, the Governors have taken aggressive actions and stand ready to partner with the federal government to deliver critical relief to homeowners in need.

REALTORS Hope to Improve State of Minority Homeownership

WASHINGTON, February 25, 2008 - “Homeownership is part of the American dream,” said 2008 NAR President-elect Charles McMillan. “As the nation’s leading advocate for housing issues, NAR is committed to removing disparities in homeownership and making the face of homeownership in this country look more like America.”

Mastering Foreclosures

REO business awaits those who can juggle details and expectations for fast turnover while earning the trust of lenders.

Federal Judge: Control Foreclosure Penalties

A federal judge in Wilmington, Del., where many of the country’s largest companies are incorporated, says he is considering reining in mortgage companies that have been foreclosing on consumers who have brought their home loan payments up to date while they are in bankruptcy.

Don’t Fear Falling Prices

Yale Professor Robert Shiller, whose Case-Shiller 20-city home price index has become an industry standard, says people shouldn’t fear gradually falling home prices.

U.S. National


Congressman Steve Cohen

Congressman Cohen Raises Concerns Over GSA Plans to Dispose of Odell Horton Federal Building

National
Congressman Steve Cohen, a senior member of the Transportation and Infrastructure Committee, addressed its
DOE

ICYMI: Secretaries Wright and Burgum Join American Energy Workers in Applauding President Trump’s Leadership...

National
U.S. Secretary of Energy Chris Wright and U.S. Secretary of the Interior Doug Burgum, both leaders of the National Energy
MBA

Mortgage Credit Availability Increased in February

National
Mortgage credit availability increased in February according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
Tony Pistilli - GM - Restb.ai

HomeVision and Restb.ai Partner to Bring Advanced Computer Vision to Collateral Underwriting

National
Home Vision, the industry-leading collateral underwriting and appraisal review platform, and Restb.ai, a trusted innovator in

Messy Garage? Here’s How to Organise It Once and for All

National
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.
How to Sell Your House Quickly to a Cash Buyer

Dividing Assets Made Easy: How to Sell Your House Quickly to a Cash Buyer

National
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

Busting the Top Myths About Cash Home Buyers in 2025!

National
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

National
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.
ASE

Alliance To Save Energy Supports Bipartisan Weatherization Bill To Lower Energy Costs Through Energy...

National
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

Top Real Estate Investment Software for Smarter Deals

National
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

National
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.
Congressman Emanuel Cleaver

Reps. Cleaver, Fletcher, Williams Introduce Legislation to Help Heirs’ Property Landowners Prove Ownership and...

National
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new
HUD - U.S. Department of Housing and Urban Development

HUD and Census Bureau Report New Residential Sales in January 2025

National
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
Upgrades to Make Your Home Look High-End

Sell for More! Upgrades to Make Your Home Look High-End

National
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
Bill Fowler - SourceRE

Hive MLS and SourceRE Announce Investment and Long-Term Partnership

National
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

Navigating a Competitive Housing Market: Strategies for Buyers

National
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

NAHB Announces Best of IBS Winners at International Builders’ Show

National
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
AGC

CONSTRUCTION OUTLAYS SLIP IN JANUARY AS POTENTIAL WIDESPREAD TARIFFS THREATEN TO PUSH BACK INVESTMENT...

National
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...

National
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
Margy-Grant-2025

Wyoming REALTORS selects Form Simplicity as its transaction management benefit for members

National
Wyoming REALTORS has selected Form Simplicity, one of the real estate industry’s most trusted and widely used transaction

U.S. States


FEMA

President Donald J. Trump Approves Emergency Disaster Declaration for Texas

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

FEMA Fire Management Assistance Granted for the Numbers Fire

California
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.
Start An LLC In Texas

How Much Does It Cost To Start An LLC In Texas?

National
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
Registered Agent In Texas

5 Benefits Of Using A Registered Agent In Texas

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

New York
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.
Starbucks_Fresno

Brand-New Single-Tenant Starbucks Drive-Thru Trades in Fresno, Calif. for $1,345 PSF

California
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
FEMA

Rosenberg family home for the holidays – and prepared for future hurricanes

Texas
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...

Florida
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

New York
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
SCR

Charleston South Carolina expected to outpace national real estate market averages through 2025

National
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
Peter Evering

WHAT IS THE EVICTION PROCESS IN CALIFORNIA?

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

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Texas
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
ABC National

Florida Tops ABC’s Annual Merit Shop Scorecard State Ranking for Second Year in a...

Florida
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

Top 4 Places to Buy a Second Home in the US

National
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.
Carol Corden cuts the ribbon

Ribbon Cutting Celebrating New Affordable Apartments in the Bronx for Low-Income Families and Domestic...

New York
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 - U.S. Department of Housing and Urban Development

HUD AWARDS $1.5 MILLION TO PUBLIC HOUSING AUTHORITIES TO ASSIST YOUNG PEOPLE AGING OUT...

National
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

California
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
USDOJ

California Real Estate Developer Convicted of Making Conduit Contributions in Two U.S. Congressional Campaigns

California
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

New York
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

National
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


AGC

SIXTY PERCENT OF FIRMS WORKING ON HIGHWAY UPGRADES EXPERIENCED CARS CRASHING INTO THEIR WORK...

National
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
NAHB

New Home Sales Decline in May

National
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.
DOI

$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving

National
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.
FEMA

Port Aransas ready for return of summer tourism

Texas
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 - Eight Major Awards

OJO Labs: Five Months, Eight Major Awards

National
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
Property on Airbnb

Should I Rent Out my Property on Airbnb?

National
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.
Rockefeller Foundation

The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...

National
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
PaulineWeaver

Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...

National
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

VA’s Home Loan Guaranty program notifies Veterans of potential loan fee waivers

National
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.
Merri Jo Cowen - headshot

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
HUD - U.S. Department of Housing and Urban Development

NATIONAL ASSOCIATION OF HOME BUILDERS TO CO-HOST HUD INNOVATIVE HOUSING SHOWCASE

National
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