Thursday, October 31, 2024
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NHC

NHC submits comments to Treasury on Opportunity Zones implementation

The National Housing Conference (NHC) submitted comments today on Opportunity Zones (OZ) to the U.S. Department of the Treasury. NHC believes that to be eligible for the tax incentive, any tax-deferred investments targeted specifically at distressed communities should avoid the elimination of affordable housing leading to displacement of current residents.

Wyden Calls for Improvements to Nursing Home Rating System

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today called on the federal government to improve the quality measures for adequate staffing that American seniors and their families use when selecting a nursing home

Official Statement from the National Fair Housing Alliance Regarding HUD’s Recent AFFH Rule Changes

HUD’s recently announced Advanced Notice of Proposed Rulemaking concerning the Affirmatively Furthering Fair Housing (AFFH) Rule ultimately does not affect our pending litigation, National Fair Housing Alliance, et al. v. Carson, et al.
Capital Impact Partners

Capital Impact Partners Deepens Investment in Underserved Communities and Commitment to Social Justice In...

Capital Impact Partners began 2018 by deepening its commitment to breaking down barriers to success for underinvested communities by expanding justice and equity. The organization announced today that it provided more than $36 million in financing during the first half of 2018.
USDA

USDA Partners to Improve Rural Water and Wastewater Infrastructure in 23 States

Assistant to the Secretary for Rural Development Anne Hazlett visited the state today to announce that USDA is investing more than $124 million (PDF, 155.4 KB) to help rebuild and improve rural water infrastructure in 23 states. Five projects in Louisiana are receiving funding.
Habitat

ISEC launches national partnership with Habitat for Humanity

More than 200 ISEC employees will build or repair homes alongside Habitat homeowners this year through the company’s national partnership with Habitat for Humanity. Their efforts will help revitalize neighborhoods in Canada and seven U.S. states, including California, Colorado, Florida, Maryland, Nevada, Texas and Washington.
NAHB

Builder Confidence Remains Firm in August

Builder confidence in the market for newly-built single-family homes edged down one point to a solid 67 reading in August on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Revitalization

Restaurant and Charity in Historic Anaheim Building are Reborn After Devastating Fire

On August 8, 2018, KTGY Architecture + Planning announced that the Anaheim White House Restaurant, owned by world-renowned chef, restaurateur, author and humanitarian, Sir Bruno Serato, has risen from the ashes after a devastating fire on February 4, 2017.

Modern Commercial Real Estate Marketing Practices Used Right Now

Whenever marketing commercial properties the marketers understand the fact that it is really important to build a lucrative and really long-lasting reputation. Modern promotion methods rely on much more than just advertising, mainly because of the fact that those interested in buying such properties are different than those buying homes.
Ilinois.gov

New law cuts red tape for real estate professionals, businesses; takes additional bill...

Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides no benefit to the public and discourages business creation and growth.
USDOJ

Owner of Now-Defunct Real Estate Escrow Company Sentenced to 24 Months in Prison for...

The owner of a former real estate escrow firm was sentenced today in U.S. District Court in Seattle to 24 months in prison for bank fraud, announced U.S. Attorney Annette L. Hayes. LORI LYNN ANDREW, 49, of Cashmere, Washington, the owner of Hartman Escrow, Inc., pleaded guilty to one count of bank fraud. ANDREW stole more than $2.1 million through a variety of techniques

Property Tax Bills Mailed This Week

The New Hanover County Tax Department will begin mailing real estate tax bills to property owners later this week. Personal property tax bills will be mailed by the end of August. Property taxes are due on September 1, 2018 but can be paid without interest until January 7, 2019.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $1.982 Trillion

Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $36.77 billion in July. A breakdown of July issuance includes $35.383 billion of Ginnie Mae II MBS and $1.391 billion of Ginnie Mae I MBS, which includes $1.229 billion of loans for multifamily housing.
HomeLight

Why September is a great time to sell

The first step in selling a home is figuring out when the best time to list it is. Knowing the best month to list a home can shorten the amount of time it spends on the market, and reducing a listing’s “days on market” is critical because if a home sits on the market too long, it risks getting stale and possibly having to reduce the price.
Affordable Housing Finance

Parc Derian – Development to Help Fill Housing Need in Irvine, Calif.

Parc Derian will serve working families and others with special needs. The development is a public/private partnership between C&C Development, Innovative Housing Opportunities (IHO), Lennar Corp., the city of Irvine, and the Irvine Community Land Trust.
Center for American Progress

LGBTQ Community Would Be Disproportionately Harmed by Benefit Cuts, New CAP Data Suggest

The Trump administration, Congress, and state governments have been engaged in ongoing attacks on crucial public programs that provide vital support to people in need. Key benefits such as nutrition and housing assistance, Medicaid, and unemployment benefits are threatened at the federal and state levels by funding cuts or harsh so-called work requirements that would put these benefits out of reach for those who need them most

National Parks Conservation Association Teams Up with SunPower to Help Reduce Carbon Emissions and...

For nearly 100 years, National Parks Conservation Association (NPCA) has worked to protect and preserve America’s most iconic and inspirational places for present and future generations. Through a new program with SunPower (NASDAQ:SPWR), NPCA will provide opportunities for its members and supporters to go solar, thereby helping to reduce carbon emissions and improve air quality.
Public Justice Center

City Council, Mayor and Housing Coalition reach historic agreement on funding for development without...

Baltimore City Council leaders, including President Bernard C. “Jack” Young and Housing Committee Chairman John Bullock, and Mayor Catherine Pugh have reached an historic agreement with the Baltimore Housing Roundtable and Housing for All Coalition to drastically increase the city’s funding of affordable housing.
Repeat 1031 Buyer Requirement

Repeat 1031 Buyer Requirement | Single Tenant Drug Stores | In ID Period

Repeat 1031 Exchange Client Seeking Multiple Net Lease Drug Store Properties. The Boulder Group is representing a repeat client looking to acquire a single tenant property entailing the following acquisition criteria
USDOJ

Real Estate Investor Pleads Guilty to Bid Rigging at Online Auctions

Real estate investor Christopher Graeve pleaded guilty today in West Palm Beach, in connection with an ongoing investigation into bid rigging at online public foreclosure auctions in Florida, the Department of Justice announced. Graeve is the second real estate investor to plead guilty

U.S. National


How Governor Tim Walz’s State Public Pension Fund Colludes with the Climate Cartel to...

National
The House Judiciary Committee released an interim report titled, "How Governor Tim Walz’s State Public Pension Fund Colludes with the Climate Cartel to Raise Energy Costs for American Consumers."
ASE

Alliance to Save Energy Supports Stronger Energy Efficiency Standards for Federally-Backed Homes

National
The Alliance to Save Energy (ASE) is proud to support the initiative led by U.S. Senators Chris Van Hollen, Jeanne Shaheen
TonyPistilli 2024 headshot

ClearValue Consulting and Restb.ai Join Forces to Revolutionize Appraisal Review with Advanced AI Integration

National
ClearValue Consulting, a leading provider of innovative solutions in the valuation industry, today announced a strategic partnership

Foushee, Ross Call for Greater Accountability in Housing Amid Concerns Over Wall Street Influence

National
Congresswomen Valerie Foushee (NC-04) and Deborah Ross (NC-02) sent a letter urging the Federal Housing Finance Agency (FHFA) and Consumer Financial Protection Bureau (CFPB) to examine the impact of institutional investment on the housing sector, and whether investors are taking advantage of federal affordable housing programs at the expense of homeowners and renters.

Senior Home Equity Hits $14 Trillion in Q2

National
Homeowners 62 and older saw their housing wealth increase by $600 billion in the second quarter to $14 trillion, according to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index.
NAR

Pending Home Sales Advanced 7.4% in September

National
Pending home sales rose in September, according to the National Association of REALTORS®. All four major regions experienced month-over-month gains in transactions. Year-over-year, the
Congressman Steve Cohen

Congressman Cohen Announces $8.6 Million Grant to Vanderbilt University Intermodal Mobility Consortium

National
Congressman Steve Cohen (TN-9), a senior member of the Committee on Transportation and Infrastructure, today

NEW YORK STATE ANNOUNCES EXPANSION OF ‘SAFE OPTIONS SUPPORT’ PROGRAM TO THE SOUTHERN TIER

National
The New York State Office of Mental Health today announced the successful launch of a new Safe Options Support or ‘SOS’ team to help bring stability to individuals who are experiencing chronic homelessness in two rural counties in the Southern Tier.

What Are the Benefits of Selling a House Without Renovating?

National
When you’re ready to sell a property, one of the biggest questions facing homeowners is whether to invest time and money in renovations or list the property as-is. With a rising trend of buyers, particularly real estate investors, preferring properties with potential over perfectly polished, move-in-ready homes, the idea of selling without extensive repairs has gained traction.
Congressman John Larson

Larson, Blumenthal Announce $1 Million for Veterans’ Affordable Housing and Services in Winsted

National
Rep. John B. Larson (CT-01) and Senator Richard Blumenthal announced $1 million in federal funding for the Winsted Health
USDOJ

Biden-Harris Administration Invests in Clean, More Affordable Energy for Seven Rural Electric Cooperatives from...

National
Agriculture Secretary Tom Vilsack announced more than $3 billion through the United States Department of Agriculture’s (USDA)
MBA

MBA Forecast: Mortgage Originations to Increase 28 percent to $2.3 Trillion in 2025

National
The Mortgage Bankers Association (MBA) today announced at its 2024 Annual Convention & Expo that total mortgage origination volume is expected to increase to $2.3 trillion in 2025 from the $1.79
U.S. Department of the Treasury

U.S. Department of the Treasury Releases Final Rules to Onshore Clean Energy Technologies, Strengthen...

National
Advanced Manufacturing Production Credit has contributed to more than $126 billion in clean energy manufacturing investment

New LSC Report Shows Increase in Housing Cases, Number of Low-Income Americans Helped by...

National
The Legal Services Corporation (LSC) has released “By the Numbers: The Data Underlying Legal Aid Programs.” The report provides an overview of the work of LSC-funded legal services organizations on behalf of low-income Americans seeking civil legal assistance.
FEMA

Work with FEMA to Help Tennessee Recover from Helene

National
FEMA is hiring! Join the team that helps people in need before, during and after disasters. FEMA is seeking liaisons, site inspectors, environmental specialists, geospatial information
Revive at RISE-captioned

Revive AI Showcased at Real Brokerage’s Sold-Out RISE 2024, Highlighting Industry-First Innovations

National
Revive Real Estate, a leader in presale renovations, joined Real Brokerage Inc. (NASDAQ: REAX) at Real’s sold-out RISE 2024
HUD - U.S. Department of Housing and Urban Development

HUD Invests $750,000 to Modernize Rental Homes for Waldorf, Maryland Families

National
The U.S. Department of Housing and Urban Development’s (HUD) announced the closing of a $750,000 transaction to help finance energy efficiency and climate resilience improvements for

The Basics of Investing in Real Estate

National
Getting started with real estate investment doesn't have to be complicated or stressful, but knowing how to do it right is essential. If you're unsure where to begin or don't know who to talk to, you're definitely not alone. You may also get conflicting information, and not every investor wants to share their secrets with you.
NAHB

Single-Family Starts Trend Higher in September

National
With the Federal Reserve beginning an easing of monetary policy and builder sentiment improving, single-family starts posted a modest gain in September while multifamily construction continued to weaken because of tight financing and an ongoing
AGC

CONSTRUCTION EMPLOYMENT INCREASES IN 40 STATES FROM SEPTEMBER 2023 TO SEPTEMBER 2024, WHILE 24...

National
Texas and Alaska Top Lists of Numerical and Percentage 12-Month Gains, While New York and Oregon Lag; Texas and Ohio Post

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

Recent Gov & Nonprofit Real Estate Press Releases

How Governor Tim Walz’s State Public Pension Fund Colludes with the...

The House Judiciary Committee released an interim report titled, "How Governor Tim Walz’s State Public Pension Fund Colludes with the Climate Cartel to Raise Energy Costs for American Consumers."