News: Real Estate

NEW YORK, N.Y. /eNewsChannels/ -- ForeclosureListings.com reports data that shows alarming statistics about five states that had more foreclosures in them from 2010 to 2011 and the average price of a home in foreclosure.

SAN FRANCISCO, Calif. /eNewsChannels/ -- Wholesale Trading Co-Op Insurance Services, LLC (WTCI) announced today that wholesale brokerage industry veteran, Mark Morgan, has joined the firm as vice president/property broker.

NEW YORK, N.Y. /eNewsChannels/ -- According to The Associated Press' monthly analysis, higher unemployment and foreclosure rates, especially in South Atlantic and Mountain states, raised the nation's economic stress in November. This supports the findings from Foreclosure Data Online that confirms Colorado and Florida have more of the top 10 cities listed for the number of foreclosures.

NEW YORK, N.Y. /eNewsChannels/ -- The foreclosure trends are again in today's news, and according to data compiled by Foreclosure Warehouse, this situation seems as though it is not going to get any better regardless of how much the government tries to help, until more jobs are created and sustained.

BOSTON, Mass. /eNewsChannels/ -- Building Engines, Inc., provider of a comprehensive web-based operations management solution for owners and managers of all property types, and eSight Energy, developer of a sophisticated energy management software platform, today announced a partnership that enables real estate and facilities managers to measure, track, and act on energy related data.

SUNNYVALE, Calif. /eNewsChannels/ -- ABCD Publishing announced this week the release of RemodelOrMove's U.S. Homeowner Sentiment Report for Spring 2011. It reveals that homeowners who are interested in remodeling or expanding their homes have limited options.

TOWER HILL, Ill. /eNewsChannels/ -- The Illinois Mine Subsidence Insurance Fund (IMSIF) is expanding its consumer education campaign to make residents of Shelby County aware of the possibility that their homes may be built over abandoned mines, which would make them at risk for possible mine subsidence.

MIAMI, Fla. /eNewsChannels/ -- Record numbers of foreclosures hit the market in 2010, as well as record numbers of people looking to buy them, reports Foreclosure Deals, a leading online provider of foreclosure news and information, in a year-end Foreclosure Filings 2010 review. The record-breaking trend of 2009 continued throughout the year, and many experts are expecting them to climb even higher in 2011.

NEW YORK, N.Y. /eNewsChannels/ -- Finding an apartment in Manhattan just got easier. Real Deal Solutions Inc. announced today the release of its innovative Web site, located at RealDealNY.com, which gives buyers, renters, and agents a real time search platform for locating apartments for rent or sale in Manhattan, Brooklyn, Queens, Long Island and the Tri-State area.

CARROLLTON, Texas /eNewsChannels/ -- Another CMBS special servicing assignment has been awarded to U.S. Residential Group, Inc. through its Real Estate Services division. The assignment is for management services on Eagles Landing, a recently foreclosed 200 unit garden style apartment community located in Garland, Texas, a suburb of Dallas.

HONOLULU, Hawaii /eNewsChannels/ -- Elite Pacific Properties, a fast-growing boutique Oahu real estate firm specializing in mid- to high-end real estate, announced today that it has appointed Bob Vieira as Broker In Charge.

SUNNYVALE, Calif. /eNewsChannels/ -- A recent report released by Remodelormove.com revealed that homeowners continue to scale back on remodeling projects in response to concern over the economy. 'We release these industry reports every six months based on a survey of 5,000 homeowners who are considering changing their home - either remodeling or moving,' says Dan Fritschen, founder.

ROANOKE, Ill. /eNewsChannels/ -- Residents of Woodford and Marshall counties are being warned about the possibility of mine subsidence damage occurring to homes built over abandoned, underground mines. The warning is being issued by the Illinois Mine Subsidence Insurance Fund (IMSIF) in its continuing effort to educate consumers about the risk of mine subsidence in Illinois.

DALLAS, Texas /eNewsChannels/ -- U.S. Residential Group - a full-service, fee-based multi-family management company with corporate offices in Texas, California and Connecticut - has been awarded the contracts on over 8,300 units over the last 60 days. Located coast-to-coast, these properties represent the full spectrum of conventional, affordable and special services properties and include both large and small multi-family communities.

KEWANEE, Ill. -- The Illinois Mine Subsidence Insurance Fund (IMSIF) is expanding its consumer education campaign to make residents of Henry County aware of the possibility that their homes may be built over abandoned mines, which would make them at risk for possible mine subsidence. Mine subsidence occurs in an abandoned mine when a mine roof or pillar collapses, causing the ground above to sink or subside.

HONOLULU, Hawaii -- Elite Pacific Properties, a fast-growing boutique Oahu real estate firm specializing in mid- to high-end real estate, announced today that it has merged with Bondroff Realty International. Christine Bondroff, President of Bondroff Realty, has joined Elite Pacific Properties as Director of Business Development.

MIAMI, Fla. -- Foreclosure Deals, an online leader in the foreclosed homes for sale listings and information industry, announced today that foreclosures increased by 4 percent nationwide during July and still have fallen in the month of August. The month's total of 325,225 homes represents a 10 percent decrease from foreclosure totals in June 2009, and indicate that the trend of rising bank repossessions is continuing well into the summer.

HONOLULU, Hawaii -- Elite Pacific Properties, a fast-growing boutique Oahu real estate firm specializing in mid- to high-end real estate, added Kelly Mitchell as Partner on August 24, 2010. Mitchell, who ranks among Oahu's top 3 percent of real estate agents, is a nationally recognized social media enthusiast.

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.

LOS ANGELES, Calif. -- Bank Foreclosures Sale, an online leader in the bank owned homes listings and foreclosure information industry, announced today that bank foreclosures were up 5 percent in the second quarter of 2010. With 269,960 bank repossessions recorded, a new quarterly record was set for bank repossessions, which are up a staggering 38% from the second quarter of 2009.

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.

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.

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.

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.

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.