Sunday, February 2, 2025
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Fed Pumps Up Banking System to Treat Credit Crunch

The Federal Reserve announced an agreement Wednesday with four foreign central banks to inject billions of dollars into the world’s financial system to make more money available for big banks to lend to smaller ones.

Wachovia Ranks Highest In Primary Mortgage Loan Originations According To J.D. Power And Associates...

CHARLOTTE, N.C. - December 13, 2007 - Wachovia Bank is ranked highest in customer satisfaction for primary mortgage loan originations in 2007, according to the 2007 Primary Mortgage Origination Study.

Justice Department Obtains Court Approval to Distribute $700,000 in Fair Housing Lawsuit

WASHINGTON – The Justice Department today announced that it had obtained approval from the United States District Court for the Eastern District of Michigan to distribute $700,000 in monetary damages to 37 persons with disabilities pursuant to the consent decree entered in United States v. Edward Rose and Sons, et al., a case that was resolved by a consent decree entered in the Eastern District of Michigan in September 2005.

Behringer Harvard Completes Acquisition of IPC US REIT Subsidiaries

ALLAS, Dec. 12 /PRNewswire/ -- Behringer Harvard announced today that it has closed on the previously announced acquisition of publicly traded IPC US REIT and its portfolio of 34 U.S. office properties. The transaction, valued at approximately $1.4 billion, includes all of Toronto-based IPC US REIT's subsidiaries at a purchase price of $9.75 per unit, of which approximately $600 million is equity and $800 million is outstanding debt.

U.S. Businesses Invest Trillions in the Future

Annual capital spending by all U.S. nonfarm businesses on structures and equipment varied cyclically, but went from about $1.05 trillion in 1999 to about $1.15 trillion in 2005, according to the Census Bureau’s

Senator Gregg Offers Mortgage Forgiveness Amendment to Farm Bill

Washington, DC - December 12, 2007 - Senator Judd Gregg, ranking member of the Senate Budget Committee, has offered an amendment to the 2007 Farm Bill that will help millions of American homeowners hurt by the downturn in the housing market. Senator Gregg had filed the amendment in mid-November.

U.S. Green Building Council Launches Education Provider Program

Washington, DC - December 12, 2007 - The U.S. Green Building Council (USGBC) announces the launch of the Education Provider Program (EPP). The program will result in an extensive "course catalog" of top-tier green building educational programs, peer-reviewed and approved by USGBC,

Construction Cost Increases Are Easing After Period of Rapid Growth

New York, N.Y. - December 11, 2007 - Turner Construction Company, the nation’s leading general builder, today announced that construction costs increase in the Fourth Quarter. According to the Turner Building Cost Index, the Fourth Quarter 2007 Index value is 876 which represents a 1.51 percent increase in construction costs over the Third Quarter 2007 and a 7.09 percent increase over the Fourth Quarter 2006 index.

NAR: Another Monthly Gain for Pending Home Sales

The Pending Home Sales Index, a forward-looking indicator based on contracts signed, increased 0.6 percent in October, marking the second consecutive monthly gain, according to the NATIONAL ASSOCIATION OF REALTORS

Existing-Home Sales to Trend Up in 2008

WASHINGTON - December 10, 2007 - Existing-home sales are projected to trend up in 2008, with pending home sales showing a slight near-term rise, according to the latest forecast by the National Association of Realtors®. However, a recovery for new-home sales is unlikely before 2009.

Google Checkout: One Username and Password for Your Real Estate Needs

Real Estate website Fizber.com has launched Google Checkout payments service on their website to speed Real Estate transactions.

NAR Supports Adminstration Efforts On Rate Freeze As Important Step In Protecting Homeowners

WASHINGTON, December 06, 2007 - The National Association of Realtors® today expressed support of President George W. Bush’s efforts to curb the increase in foreclosures due to irresponsible lending practices and complicated mortgage products by allowing modification of certain loans or freezing the interest rates for up to five years

Comptroller Dugan Commends Plan to Assist Subprime Borrowers

WASHINGTON - December 6, 2007 - Comptroller of the Currency John C. Dugan issued the following statement today at the Department of the Treasury press conference announcing a plan to assist a key segment of subprime borrowers to modify their mortgages and avoid foreclosures

25 Trends Driving Todays Market

It’s a turbulent time for many real estate practitioners — but headlines about sluggish sales and tighter financing hardly capture the whole story. More than ever, you need to be up to speed on the wide-ranging phenomena driving today’s dodgy marketplace.

Call for Papers for Greenbuild 2008 Now Open

Washington, DC - December 6, 2007 - The U.S. Green Building Council (USGBC) has opened the call for papers for educational sessions at the Greenbuild International Conference and Expo, which will be held November 19-21, 2008 in Boston, Massachusetts. The theme of the seventh annual conference will be Revolutionary Green: Innovations for Global Stability. All session proposals must reinforce the conference theme.

Online Giants Sign New Agreement Move, Inc. Exclusive Provider of Real Estate Listings On...

LOS ANGELES, Dec. 5 /PRNewswire-FirstCall/ -- Move, Inc., the leader in online real estate search, has signed a new exclusive three-year content distribution agreement with online leader MSN. As a result, the more than 94.8 million(1) monthly MSN visitors will continue to have instant access to the largest online collection of resale homes, new homes, and rentals at Move.com and Move-operated REALTOR.com(R)

NuWire Investor Ranks Top 10 Places to Invest for 2007

NuWire Investor recently published its 2007 list of the top 10 places to invest based on an analysis of nearly one hundred U.S. cities

Selling Your Home? Tips for Selecting a Real Estate Professional

If you’re thinking about selling your home, you may be considering using the services of a real estate broker or agent. But before you sign a listing agreement, the Federal Trade Commission (FTC), the agency that works for a competitive marketplace, wants you to be informed about your choices.

November 2007 Foreclosure Report Issued By Propertyshark.Com; Increases in Los Angeles, New York City...

PropertyShark.com today released its November 2007 report covering first-time residential foreclosures in Los Angeles, Miami, Seattle and New York City. The number of new Seattle foreclosures jumped 118% in November 2007 over October 2007, and 33% over November 2006. The number of foreclosures rose in Los Angeles, 13.09% higher than last month and 233.7% higher than the same month in 2006. There were 643 residential foreclosure auctions scheduled in Miami-Dade County for November 2007

Rental payments continue for remaining Katrina/Rita households in rental housing

WASHINGTON - December 4, 2007 - Thousands of residents displaced by the 2005 Gulf Coast hurricanes are continuing to have their rent paid through a new government initiative, the Disaster Housing Assistance Program, which is being administered by the U.S. Department of Housing and Urban Development (HUD) on behalf of the Federal Emergency Management Agency (FEMA)

U.S. National


NAHB

Limited Existing Inventory Provides a Boost for New Home Sales

National
A limited amount of existing inventory along with solid demand helped new home sales end the year on an up note, even as buyers continue to grapple with housing affordability challenges.

How Rising Interest Rates Impact Mortgage Loan Processing

National
The mortgage industry faces new operational challenges because interest rates keep increasing. As part of this industry transition, lenders now need to follow different procedures for home loan processing. Higher interest rates introduce complications that affect lenders' and borrowers' operations.

San Pedro de Pinatar: The Perfect Location for Your Dream Apartment

National
If you are looking for the ideal place to invest in a luxury apartment in Spain, San Pedro de Pinatar should be at the top of your list. This charming coastal town, located on the Costa Calida, offers an exceptional blend of modern comfort, natural beauty, and traditional Spanish charm.
NAR

Existing-Home Sales Ascended 2.2% in December

National
Existing-home sales climbed in December, according to the National Association of REALTORS®. Sales advanced in three major U.S. regions and slipped in the Midwest. Year-over-year
5 Most Popular Use of AI - Real Estate - Delta AI Chart - Survey

2025 Delta Media AI Survey Highlights Explosive Growth in Real Estate and Shifting...

National
The 2025 Delta Real Estate Leadership AI Survey reveals that the widespread adoption of artificial intelligence (AI) in real estate has become nearly ubiquitous.
MBA

Share of Mortgage Loans in Forbearance Decreases Slightly to 0.47% in December

National
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 3 basis points from 0.50% of servicers’
Preparing Your HVAC System for Seasonal Transitions

Preparing Your HVAC System for Seasonal Transitions: A Comprehensive Guide

National
As the seasons change, so too do the demands on your heating, ventilation, and air conditioning (HVAC) system. Whether it's the heat of summer or the chill of winter, your HVAC system works
DOE

U.S. Department of Energy Reverses Biden LNG Pause, Restores Trump Energy Dominance Agenda

National
The U.S. Department of Energy (DOE) announced $32 million for six selected pilot projects that will support new load growth
NHC

National Housing Conference issues statement on the nomination of Bill Pulte for FHFA Director

National
David M. Dworkin, President and CEO of the National Housing Conference, issued the following statement in response to
FEMA

FEMA Set to Open Altadena Disaster Recovery Center

National
FEMA is opening a Disaster Recovery Center (DRC) in Altadena to assist Californians who experienced damage to their primary home, personal property loss or have disaster-caused emergency
Home in Bozeman, Montana

Brian Heck’s Key Factors for Choosing a Home in Bozeman, Montana

National
Bozeman, Montana, has captured the attention of those seeking a balance between outdoor adventure, energy, and a high quality of life. Nestled in the heart of the Rocky Mountains, this growing city

Senators Reverend Warnock, Ossoff Secure Over $500,000 to Assist Homeless Veterans in Atlanta Area

National
Funding will provide rental assistance for homeless veterans, as well as case management and clinical services provided by the Department of Veterans Affairs. The Housing Authority of Atlanta will receive $314,034, and the Housing Authority of East Point will receive $258,867

Notice of Vote Kicks Off New Engagement Period at Hylan Houses Ahead of Tie-Breaking...

National
The New York City Housing Authority (NYCHA) today announced that a new Notice of Vote has been mailed to Hylan Houses residents, kicking off a new 30-day public engagement period after a full recount of votes confirmed a tie between residents’ top two selections of the Public Housing Preservation Trust and the Permanent Affordability Commitment Together (PACT) program.

Recreational Angling, Conservation Community Supports Menhaden Science Funding

National
During the 2025 legislative session, Virginia lawmakers will again consider providing funding for university research into the Commonwealth’s largest fishery: Atlantic menhaden. Delegate Paul Milde (R-64) is spearheading the effort to provide the $3 million necessary for the Virginia Institute of Marine Science to complete a three-year study of the ecology
HUD - U.S. Department of Housing and Urban Development

Biden-Harris Administration Awards nearly $3.6 Billion in Homelessness Assistance Funding to Communities Nationwide

National
Grant awards represent the largest amount of annual federal funding provided through HUD’s Continuum of Care program in

Flipping Houses 101: Tips for Success in the Real Estate Market

National
Flipping houses has quickly evolved from a specialized endeavor to a popular investment tactic. In order to make money through the acquisition, remodeling, and sale of real estate, it is now essential to comprehend the complexities of real estate market dynamics.
EIA

EIA publishes its first energy-sector forecasts through 2026

National
The U.S. Energy Information Administration (EIA) published its first forecasts for energy production, consumption, and prices through 2026 in its January
NAHB

Housing Starts End 2024 on an Up Note

National
Fueled by solid demand, single-family construction moved higher in December despite several headwinds facing the industry, including high mortgage rates, elevated financing costs for builders and a lack of buildable lots.
U.S. Department of the Treasury

U.S. Department of the Treasury Report: Homeowners Insurance Costs Rising, Availability Declining as Climate-Related...

National
As the latest climate-related crisis unfolds in Los Angeles, Treasury releases most comprehensive data on homeowners insurance in
NAR

NAR Legal Action Program Helps Secure Victory in Appeals Court to Protect Use of...

National
The National Association of REALTORS® (NAR) today announced the Eighth Circuit Court of Appeals issued a unanimous decision finding that the defendant brokerages and agents in Designworks

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

Business Real Estate Press Releases

5 Most Popular Use of AI - Real Estate - Delta AI Chart - Survey

2025 Delta Media AI Survey Highlights Explosive Growth in Real...

The 2025 Delta Real Estate Leadership AI Survey reveals that the widespread adoption of artificial intelligence (AI) in real estate has become nearly ubiquitous.

Recent Gov & Nonprofit Real Estate Press Releases

NAHB

Limited Existing Inventory Provides a Boost for New Home Sales

A limited amount of existing inventory along with solid demand helped new home sales end the year on an up note, even as buyers continue to grapple with housing affordability challenges.