News: Real Estate

News: Real Estate

Real Estate Industry News, including SFR and Commercial Development

News: Real Estate

News: Real Estate
Real Estate Industry News, including SFR and Commercial Development

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.

One Third of Home Sales in 2010/Q1 were Foreclosures, Claims New Report

MIAMI, Fla. -- Foreclosure Deals, an online leader in the foreclosed homes for sale listings and information industry, announced today that 31 percent of all residential properties sold in the first quarter of 2010 were foreclosure properties. Experts at the company believe the statistic shows that people are continuing to turn to the foreclosure market as a plentiful source of low cost homes.

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.

DataTrac Tools Help Texas Habitat for Humanity Advance Affordable Home Ownership

DALLAS, Texas -- Del Mar DataTrac(R), Inc. (DMD), the leading provider of affordable end-to-end mortgage lending automation solutions, and an industry pioneer in business intelligence, document imaging and management, and loan process workflow tools, collaborated with the North Collin County Habitat for Humanity chapter in McKinney, TX, by providing its DataTrac Originator point of sale (POS) system which includes powerful tools to support the organization's affordable home ownership initiatives.

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.

Georgia Business Brokers Name 13 to Million Dollar Club with $30 Million Sold

ATLANTA, Ga. -- The economy may be in a slump, but 13 members of the Georgia Association of Business Brokers (GABB) helped enough business owners buy and sell $30 million worth of businesses to earn membership to the organization's prestigious Million Dollar Club for 2009. Each year the GABB, the state's only professional association dedicated to buying and selling business, recognizes the state's outstanding business brokers.

Real Estate Developer Related Management Adopts Building Engines SaaS

BOSTON, Mass. -- Building Engines, provider of a comprehensive Web-based operations management solution for owners and managers of all property types, today reports continued long-term system adoption within Related Management, a division of The Related Companies, Inc., a world-renowned real estate developer, owner and manager based in New York City. The announcement comes after a successful year of adoption and usage across commercial office, retail, and hospitality properties.

Robert Love, chair of the Georgia Real Estate Commission, will speak to the Georgia Association of Business Brokers

ATLANTA, Ga. -- Buying or selling most businesses requires a license, and Robert Love, chair of the Georgia Real Estate Commission, will speak to the Georgia Association of Business Brokers about state licensing requirements at the group's monthly meeting on Tuesday, April 27, at 10:30 a.m.

Foreclosure Rates on the Rise Across the Nation reports ForeclosureListings.com

NEW YORK, N.Y. -- Data published by ForeclosureListings comparing March 2010 to February 2010 shows that Florida and Georgia had an important increase in foreclosure rates at 21.26 percent and 20.14 percent respectively. Michigan, one of the economically hardest-hit by the recession and a leading state in the number of foreclosure states surprisingly had only a .44 percent rise in foreclosures for the same time period.

According to New Data from ForeclosureListings.com, Over 4 million U.S. Families Face Foreclosure

NEW YORK, N.Y. -- Data published by ForeclosureListings comparing February 2010 to January 2010 shows that Texas has witnessed the highest increase in foreclosures with a rise of 35.3 percent, followed by Michigan at 17.54 percent, California at 11.93 percent, and Florida at 4.71 percent increases. Georgia actually showed a decrease of 5.55 percent and Arkansas showed the largest drop in foreclosures down 28.6 percent.

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