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Real Estate News
Local & Nationwide News Related to The Real Estate Market, Professionals, Agents and Brokers
Lt. Governor Fisher Announces Director's Recognition Awards for Excellence in Housing and Community Development
Lieutenant Governor Lee Fisher announced that four Ohio communities, two companies, and one nonprofit organization received the Director's Awards for Excellence in Housin
Ellison Lauds New Direction for Housing Bill & the Economy
Congressman Keith Ellison (D-MN) today praised the Democratic Congress for its passage of the most comprehensive response yet to the housing mortgage
The Federal Reserve Board approved a final rule for home mortgage loans
The rule prohibits unfair, abusive or deceptive home mortgage lending practices and restricts certain other mortgage practices. The final rule also establishes
Justice Department Announces Settlement
The Department of Justice announced today that it has reached a proposed settlement with the National Association of Realtors (NAR) that requires NAR to allow Internet
Federal Deposit Insurance Corporation Stresses Importance of Managing Commercial Real Estate Concentrations
The Federal Deposit Insurance Corporation (FDIC) has issued a letter re-emphasizing the importance of strong capital and loan loss allowance levels, and robust credit
Home buyers who hire American Society of Home Inspectors
Home buyers who hire American Society of Home Inspectors
Tens of Thousands of Californians Could Benefit From Higher Government - Insured Mortgage Limits
The plan raises FHA's loan limits, enabling more families to qualify for a safe, affordable FHA mortgage
HUD Secretary Applauds Neighborworks America For Awarding $130 Million For Foreclosure Prevention Counseling
Providing foreclosure prevention counseling contributes significantly to securing the American Dream
Bush Administration Seeks $38.5 Billion HUD Budget in 2009
HUD Secretary Alphonso Jackson noted the 2009 Budget includes significant increases for housing counseling, homeless assistance and affordable housing programs
HUD Launches Initiatives To Improve MDHA Section 8 Program
New practices aim to sharpen communications with landlords and family participants
Dugan Commends Plan to Assist Subprime Borrowers
The plan announced this afternoon provides a programmatic approach to facilitate modifications of large numbers of mortgages for a key segment of subprime borrowers
Program Offers Major Life Change of Home Ownership
A statewide program providing low income first time home buyers not only money but related financial education
US Fish and Wildlife Service Establishes Rocky Flats National Wildlife Refuge
Rocky Flats will be administered by the Service as a unit of the National Wildlife Refuge System.
Sale of Residence Real Estate Tax Tips
You may be able to exclude your gain from the sale of a home that you have used for business or to produce rental income.
Bush Administration Announces Millions in Housing Counseling Grants
Approximately 700,000 families will have a greater opportunity to find housing or keep the homes they have.
American Red Cross and HUD to Speed Housing Information and Assistance to Displaced Families
Unique agreement allows HUD 'to hit the ground running' after Presidential Declarations
Avoiding Mortgage Payment Shock
A new publication from the FTC has information that could help consumers save their homes and recognize and avoid foreclosure scams.
Buying a Home
FTC Offers Home Buyers Advice on Choosing Real Estate Services
Statement on Loss Mitigation Strategies for Servicers of Residential Mortgages
Previously, in April 2007, the federal financial agencies issued a Statement on Working with Mortgage Borrowers and followed this with the July 2007 Statement on Subprime
US and China Renew Cooperation on Affordable Housing
Both countries to promoting and exploring solutions for housing development
National Partnership To Help Consumers at Risk of Foreclosure
The partnership will focus its efforts in nine markets around the country that are served by both organizations.
Government Program Helps Families Stay in Their Homes
Federal Housing Administration helps homeowners avoid foreclosure.
Contact Your Lender Before Higher Payments Put Your Home at Risk
That is among the main messages from the FDIC and other banking regulators.
Tips to Avoid Home Loan Scams
As the housing market softens and fewer people are buying homes or refinancing their mortgages.
HUD Settles Cases Against Paying Kickbacks for Referrals
HUD announced that two settlement agreements were made between two companies which violated RESPAs antikickback and referral fee provisions.
Award for Increasing Affordable Housing
Local efforts seen as national model for cutting red tape.
FHA Mortage Insurance Limits Increase
Homebuyers in six oregon counties can now purchase or refinance a single family home or condo with an FHA-insured mortgage.
Efforts to Provide Affordable Housing
The Durham Regional Association of REALTORS will receive the Ambassadors for Cities award.
Bill to Benefit Massachusetts Homeowners and Homebuyers
House Bill Would Expand Federal Housing Administration Loan Limits for High Cost Areas
Knapp Proposes Funds to Assist in Purchasing Homes
Montgomery County Councilmember Mike Knapp is proposing that the Council set aside dedicated funds in the Housing Initiative Fund.
Competition In The Real Estate Brokerage Industry
Competition in the industry has been hindered as a result of actions taken by some real estate brokers acting through multiple listing services
Violations Of RESPA In New Mexico
RESPA was enacted in 1974 to provide consumers advance disclosures of settlement charges and to prohibit illegal kickbacks and excessive fees in the homebuying process
Buying And Selling Vacation Homes
The thought of owning a vacation home may sound appealing
Condominium Conversion In Washington
Would have helped low income renters with the costs of moving and would have provided more notice to purchase or move out of their apartments
Property Insurance Reform
Florida families are suffering from the devastating effects of skyrocketing rates and cancelled insurance policies
Property Tax Relief In Florida
Property taxes have grown so burdensome that homeowners and business owners fear being forced
Affordable Multifamily Housing In California
Potential conversion of affordable units to market rate units is an ongoing and critical statewide problem
Predatory Lending in San Jose
Hoping to better protect San Jose homeowners from predatory lenders
Limiting Consumers' Choice In Real Estate Services
Seven law enforcement actions against real estate groups in various places
Rental Homes For The Illinois Homeless
Illinois today moved one step closer to securing a safe and decent home with supportive services to help
Real Estate Brokers To Offer Rebates And Inducements
Settlement resolves the anticompetitive concerns raised by the Kentucky Real Estate
Savannah Mortgage Fraud Symposium
Consumer awareness of all types of fraud within the single housing industry
Improvements on Condominiums Laws
Condominium owners will have an additional forum for resolving their disputes in a less
Real Estate Drive Gross State Product
Residential and commercial building construction is at an all time high
Protecting Families And Homeownership In The State Of Maryland
Government is living up to its responsibility to advance the common good and protect our middle class families and homeowners
Exchange Of Land In Utah
Legislation to allow the exchange of two small parcels of land
Tennessee Productive Housing Development
Affordable housing led to the creation of an unprecedented number of affordable housing opportunities
Largest Direct Consumer Restitution In Washington
Thousands of Washington homeowners who were overcharged for home loans
Real Estate Market In North Carolina
A residential real estate agent in Greensboro, for example, characterized the market as
FHA Mortgage Insurance Limits In Six Washington Counties
Mortgage limits have been increased to better meet the need in the markets of several Washington counties
State Wins Case Against Nations Capital Mortgage Corporation
The Department found that Nationscapital conducted business from unlicensed locations
Arizona Land Development Recommendation
Arizona involves the public in the planning process right from the start
Opportunities Now Made For Low Income Homebuyers
HUD will increase housing opportunities for low income households by
Seniors and Working Families Get Closer to Housing
The Housing Trust Fund will be governed as a partnership between the cities, County and businesses. The Housing Trust Funds will be used to address the wide range of aff
International Real Estate and Investors
A local real estate agent also confirms that the British people are among the highest number of investors in Barbados, making up some
Federal Reserve Bank District and Real Estate Reports
In contrast to the housing sector, commercial real estate markets continued to see strong activity in most Districts. Cleveland, Atlanta, Chicago, St. Louis, Minneapolis
New Home Sales Rise in November
The US Commerce Department reported that sales of newly built single family homes rose
Commercial Real Estate in California
The Green Building Order calls for reducing electricity consumption in State buildings 20 percent by 2015
Buying and Selling Timeshares and Vacation Plans
The thought of owning a vacation home may sound appealing but the year round responsibility and expense that come with it may not
HUD Breaks Ground On Americas First PATH Concept Home
Innovative and affordable home will feature high quality and energy efficient building and design features
Buying VS Renting a Home
There are many advantages to buying a home versus renting one
Real Property Tax Rate Changes To Take Effect October 1
Real Property Recordation and Transfer Tax Rates
Harlem, The City's Housing Initiatives And The Private Sector
In a market dominated by rental developments, there has been a recent movement to increase homeownership opportunities in Harlem
Residential Real Estate And Construction Survey
Residential real estate agents said homes sales were down
Norfolk Housing Market
The average sales price of new homes sold in Norfolk from January through July rose
Home Inspections Are One Of The Most Important Protections
Many buyers want to save a little money by waiving their right to a home inspection
Reports From The Twelve Federal Reserve Districts
Housing markets and home construction activity weakened throughout the nation, but commercial real estate and construction strengthened in most
St. Louis Area Real Estate And Construction
Residential real estate activity in the Eighth District showed signs, albeit mixed, of slowing
Norfolk, Virginia Housing Market
Existing Single Family Detached Home Sales Through May, the average and median sales price of existing single-family detached homes in Norfolk remains above
Commercial Real Estate Loan In Texas
Insured institutions based in Texas are increasing commercial real estate (CRE) loan exposures
FDIC On Buying Single Family Feature Residential Properties
An individual or family whose income does not exceed 115 percent of area median income and who will for at least one year occupy the home as the principal place of
In VA, Estimating The Fair Market Value Of House
The estimated value is obtained by comparing similar properties of the same type and class which have sold recently in the same neighborhood, taking into consideration
FHA Home Hud Loan Increase
HUD Announces Higher FHA Home Loan Limits To Help More American Families Become Homeowners
CitiMortgage Funds $5.4 Billion in Affordable Housing for Texas; Results Aid 55,000 New Homeowners
This funding is part of Citi's Opportunities Within Neighborhoods(TM) program, which aims to increase homeownership substantially throughout the country under a $200 bill
National Homeownership Month, 2006
A Proclamation by the President of the United States of America
Second District Report On NY Commercial Real Estate
The region's housing market was mixed but, on balance, softer in early 2006
Beige Book For Atlanta GA And San Francisco CA Real Estate
Activity in residential real estate markets continued at high levels
FDIC Government On Commercial Real Estate Lending
Attached proposed interagency guidance relating to sound risk-management practices for concentrations in commercial real estate lending
FHA Hud Home National Homeownership Month
FHA overhaul is centerpiece to further homeownership for lower income Americans
Credit Unions Exhibit Strong Loan Growth in 2005
The nation’s federally insured credit unions reported strong loan growth as delinquencies remained low according to fourth quarter 2005
Contact a real estate agent in your area today if you are ready to buy or sell property.
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