Real Estate

Real Estate Industry News, including SFR and Commercial Development

2010 Bank Repossessions Hit Record High, says Analysts at Foreclosure-Support.com

HOUSTON, Texas -- Foreclosure-Support, a market-leading source of foreclosed home listings and foreclosure market analysis, reported today that bank repossessions during the second quarter of 2010 topped out at 269,962 properties, the highest ever quarterly total since the foreclosure crisis began. The figure was up 5 percent from the previous quarter, and 38 percent from the second quarter of 2009.

Foreclosures Dip 5% in First Half of 2010, reports Foreclosure Listings Nationwide

MIAMI, Fla. -- Foreclosure Listings Nationwide, a leading provider of foreclosure listings and foreclosure investment information, announced a nationwide 5 percent decrease in foreclosure properties over the past six months. Much of the decrease occurred during the second quarter of 2010, when foreclosures fell 4 percent from the previous quarter and were up only 1 percent from the second quarter of 2009.

New Homesites in the Dallas-Fort Worth Market Coming from Sandlin Custom Homes

DALLAS, Texas -- Signs of a recovering market are becoming more evident. The number of homes and developed lots continues to decrease steadily. One of Dallas-Fort Worth's major homebuilders is doing what seemed impossible 18 month ago - rolling out an entire new phase in one of their most popular north Texas communities.

Foreclosure Deals Reports U.S. Foreclosures Fall 9 Percent Nationwide During April 2010

MIAMI, Fla. -- Foreclosure Deals, a leader in providing listings of foreclosed homes for sale nationwide, reported today that foreclosure filings in April fell 9 percent from the previous month, and over 2 percent from April of 2009. The company also revealed that default notices, which mark the beginning of a new foreclosure, were down 12 percent from March and over 27 percent from the previous year, while bank repossessions of existing foreclosures hit a record high.

Foreclosures surged in March to bring the foreclosure rate for the first quarter up 7% from the end of 2009

MIAMI, Fla. -- Bank Foreclosures Sale, an online leader in the foreclosure listings and information industry, reported new statistics for the first quarter show foreclosures are up 7 percent from the most recent quarter, and almost 16 percent from the first quarter of 2009. While the first two months of the year saw relatively low foreclosures, filings surged 19 percent in March, largely accounting for the overall quarterly increase.

Positive Economic News Tracked by ForeclosureListings.com as Nationwide Foreclosure Rates Fall

NEW YORK, N.Y. -- The end of the recession may be in sight as foreclosure rates were down again in many states in November...

Buy My Mom's House: Entrepreneur Builds Site to Keep His Mom's House in Missouri from Foreclosure

PASADENA HILLS, Mo. -- A California entrepreneur has put up a Web portal called "Buy My Mom's House" (www.BuyMyMomsHouse.com) to help sell his mom's...

Foreclosure Repos says Foreclosed Homes are More than Affordable for Potential Home Buyers

NEW YORK, N.Y. -- Good news for people who want to buy properties across the nation: ForeclosureRepos.com has new statistics posted online that give...

Investors Eye Foreclosure Declines, Home Price Increases, says Foreclosure Listings portal

NEW YORK, N.Y. -- Despite recent negative information about the job market in the United States, the housing market is beginning to show some...

Texans Invited to Tour Invergarry Castle after the Texas Scottish Festival

ARLINGTON, Texas -- The MyGlengarry.com Conservation Trust invites participants of the Texas Scottish Festival and Highland Games, taking place at the Maverick Stadium in...

Whisper Mountain N.C. is Home to Southern Living's 2009 Mountain Sweepstakes Home

ASHEVILLE, N.C. -- Whisper Mountain, home to the 2008 Southern Living Green Idea House, has once again teamed up with Southern Living Magazine to...

Florida Land Donation to aid in Restoring Everglades Sets Land Partnership Standard for Local Governments

WEST PALM BEACH, Fla. -- Okeechobee Land Dev. announced a land donation worth $53 million and 2,256 acres near Lake Okeechobee that will eventually...

Rebuilding of America has Plan to Modernize or Finish Foreclosed Income-producing Properties

DENVER, Colo. -- The nation is at an economic crossroads. Rebuilding the country's infrastructure is being considered to jump start jobs and the economy....

Lone Star Brewery to Reopen as Mixed-Use Living Complex

SAN ANTONIO, Texas -- B. Knightly Development, an Austin-based residential and mixed-use development company today announced completion of the purchase of the historic Lone...

U.S. Facilities, Inc. Names William H. McAfee, III as New COO

PHILADELPHIA, Pa. -- U.S. Facilities, Inc. (USF), a leading facilities maintenance and infrastructure support services firm based in Philadelphia, has announced Mr. William H. McAfee, III as its new Chief Operating Officer. The announcement, which was issued on Tuesday by the company's President and Chief Executive Officer, James C. Dobrowolski, will take effect immediately.

U.S. Facilities, Inc. Awarded Contract for Management Services for The City of Philadelphia

PHILADELPHIA, Pa. -- The City of Philadelphia awarded U.S. Facilities, Inc. (USF) a four-year contract for facilities operations, maintenance and support services at three of The City's largest municipal buildings (TRIPLEX) located in Center City, Philadelphia.

Buildium Adds Flexible Check Printing Options to Popular Online Property Management Software

BuildiumBOSTON, Mass. -- Buildium, LLC announced today the introduction of two new check printing options designed to help streamline accounts payable for landlords and property managers; customers can now independently print MICR-encoded checks on blank check stock or they can outsource check printing and mailing using Buildium's online EZ Mailer(TM) service.

Despite New Construction Woes Altamont Homes Continues to Grow and Diversify

MARTINEZ, Calif. -- There has been much recent press about the decline in new homes sales for the first part of 2007, but Altamont Homes, Inc., a licensed general contractor, has not been negatively affected; the company has recently expanded to seven western states - California, Nevada, Oregon, Washington, Idaho, Montana, and Arizona.

U.S. Facilities, Inc. Awarded Contract for Management Services at the Thurgood Marshall Federal Judiciary Building in District Of Columbia

US Facilities IncPHILADELPHIA, Pa. -- The Architect of the Capitol (AOC) awarded U.S. Facilities, Inc. (USF) a five-year contract for facilities management and maintenance services at the Thurgood Marshall Federal Judiciary Building (TMFJB) in The District of Columbia.

U.S. Facilities, Inc. Awarded Contract to Manage New Unified Communications Center in District of Columbia

DC Unified Communications CenterPHILADELPHIA, Pa. -- The District of Columbia Government awarded U.S. Facilities, Inc. (USF) a five-year contract to manage the Unified Communications Center. The UCC is one of the nation's premier large, integrated call centers and public safety/emergency response facilities.

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