Real Estate

Blighted Properties Tracking Tool For New Orleans
   In partnership with nonprofit Code for America, the city of New Orleans launches an interactive online tool to help track the progress of renewal and rehabilitation efforts in blighted areas, particularly those devastated by Hurricane Katrina in 2005. The project serves as an extension of New Orleans Mayor Mitch Landrieu's (D) strategy to reduce blight by
posted 10/19/12 11:56 AM  read complete story

Condo Investors Profit With Resales
   Condominium investors in the seven largest South Florida coastal markets are earning more than 20% profits on condos bought in bulk during the real estate collapse, a new study by CondoVultures.com.
posted 6/29/12 10:56 AM  read complete story

(FORECLOSURE INVENTORIES) Realtors Target Foreclosure Inventories
   Committing more government resources to loan modifications, improving access to affordable mortgage financing, and promoting short sales will help reduce the federal inventories of foreclosed homes and keep a lid on pending
posted 9/23/11 12:27 PM  read complete story

(REIT EXEMPTION STUDIED) REIT Exemption Closure Eyed
   An exemption enjoyed by real estate investment trusts under the Investment Company Act of 1940 could be restricted under a proposal by the Securities & Exchange Commission. The law applies to REITs that pool and sell
posted 9/2/11 11:54 AM  read complete story

(HOUSING FUND) Bay Area Gets $10M Housing Boost
   A new $50 million evolving loan fund will provide developers with cash to purchase housing development land in select locations near rail and bus lines throughout the San Francisco Bay area. The Metropolitan
posted 3/25/11 1:08 PM  read complete story

(PROPERTY APPRAISAL) Property Appraisal Guidelines Issued
   The Treasury Department's financial regulatory agencies unveil their final supervisory guidelines on sound practices for real estate appraisals and evaluations. The guidelines, first proposed in 2008,
posted 12/10/10 12:36 PM  read complete story

(REAL ESTATE BROKERS) RE Brokers Get HUD Marching Orders
   Properly licensed real estate brokers can participate as listing or selling brokers under FHA's Management & Marketing III in rules set down by the agency. The FHA says all brokers can participate as
posted 12/3/10 12:32 PM  read complete story

(RESPA) Legal Overload Spurs Delay Plea
   Eight financial service trade groups, led by the Mortgage Bankers Association and the American Bankers Association ask the Obama administration to delay implementation of new disclosures for
posted 11/12/10 12:27 PM  read complete story

(HOME SALES) NAR Stages Open House Weekend
   In a concerted push to reduce the number of vacant homes across the United States, the Nat'l Assn. of Realtors has organized Nationwide Open House Weekend among its member Realtor
posted 4/2/10 12:26 PM  read complete story

(RESPA) Last Ditch RESPA Try Fails
   Mortgage lending advocates go to the wire to delay implementation of the new Real Estate Settlement Procedures Act rule, but they are rebuffed in what may be the last opportunity to stall the change
posted 10/30/09 11:50 AM  read complete story