News / Features

Florida Realtors Announce ENVY Award 2011

Florida Realtors has announced its annual Environmental Award program, popularly known as the “ENVY” award. The honor goes to a development that best preserves Florida’s natural quality of life and is given in two categories: one for residential development

FHA’s Mortgagee Review Board Enforces New Regulations

The Federal Housing Administration’s Mortgagee Review Board (MRB) has announced a settlement agreement with a Massachusetts mortgage lender for failing to fully verify whether borrowers could sustain their mortgage payments prior to refinancing their

NAR Evaluates Impact of Federal Government Shutdown

As the Federal government is in negotiations today to avoid an overall shutdown, the Nation Association of Realtors (NAR) has taken a look at what the potential shutdown would mean for the real estate

ECO Group Sparks Investment in South Florida Real Estate

With a multi-million dollar investment in hand, the East Coast Opportunity Group (ECO Group) has started turning South Florida’s distressed properties into profitable investments for foreign investors, and affordable homes for cash-strapped

Rental Demand Rises

This morning, New York-based real estate data firm REIS Inc. announced that the nationwide apartment vacancy rate has fallen, an indication of the level of demand in the rental

Green Home Building Passes 10,000 LEED-certified Homes Milestone

More than 10,000 homes across the U.S. have earned LEED certification through the LEED for Homes program, according to the U.S. Green Building Council (USGBC). LEED-certified home projects span the residential market, from multi- and single-family, to market rate

Mortgage Interest Deduction Benefits Homeowners, Endures Critique

By Tom Butala Tax Day 2011 is right around the corner, with Federal income tax returns due by Monday, April 18. Homeowners enjoy a major tax break at this time, but due to the tumultuous housing industry it may

Mortgage Applications Decrease, Purchase Applications Increase in Latest MBA Survey

Mortgage applications decreased 2.0 percent from one week earlier, while purchase applications spiked 6.7 percent to the highest level of the year, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April

SEC Announces Violations by Wachovia Involving Mortgage-Backed Securities

The Securities and Exchange Commission (SEC) yesterday announced that Wells Fargo Securities LLC agreed to settle charges that Wachovia Capital Markets LLC engaged in misconduct in the sale of two collateralized debt obligations (CDOs) tied to the performance of

Home Building a “Key Driver of the American Economy”

While the housing industry celebrates New Homes Month in April, home builders want Americans to know just how much of a positive, direct impact residential construction has on the U.S. economy throughout the entire

Home With Ties to the Late Elizabeth Taylor Soon to Hit the Market

A Miami Beach mansion frequented by the late Elizabeth Taylor will soon be listed for

More Details on Risk Retention Law Commentary

Last week the FDIC and other Federal agencies proposed risk retention rulemaking and called for public commentary. Today RISMedia revealed some more details on the

The Brits of Miami and the Beaches Visit Artecity Miami Beach

Artecity Miami Beach is one of the city’s newest low rise “boutique” projects located at 2100 Park Avenue just minutes walk from the beach, Lincoln Road and Collins Avenue. The Brits of Miami Beach, Alistair Powell and Shelly Northern,

$1 Million-Plus Home Sales Jump

According to the National Association of Realtors (NAR), sales of homes valued at one million or more dollars are up from the same time last

Obama Administration Releases March Housing Scorecard

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury have released the March edition of the Obama Administration’s Housing

Four States Consider Legislation Barring Distressed Sales as Comparables

Illinois, Maryland, Missouri and Nevada – are considering legislation that would prohibit or restrict the use of distressed sales as comparable sales as a part of a residential real estate

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