News: Real Estate

Real Estate Industry News, including SFR and Commercial Development

For 2010, 11 Georgia Business Brokers Named to Million Dollar Club with $40 Million Sold

ATLANTA, Ga. /eNewsChannels/ -- In a difficult year for business transactions, 13 members of the Georgia Association of Business Brokers (GABB) helped enough business owners buy and sell $40 million worth of businesses to earn membership to the organization's prestigious Million Dollar Club for 2010.

Where to Live in Austin Texas: Capital Plus series homes in The Reserve at Southpark Meadows announced by Buffington Homes

AUSTIN, Texas /eNewsChannels/ -- Buffington Homes, the leader in Austin Texas real estate for over forty years, is excited to announce the release of their new Capital Plus series homes in The Reserve at Southpark Meadows, a master planned community offering the excitement and convenience of urban living with the affordability of suburban pricing.

Changing Market Indicates It Could Be the Best Time to Buy a Foreclosed Home

MIAMI, Fla. /eNewsChannels/ -- Foreclosure Deals, an online leader in the foreclosure listings and foreclosure information industry, reports that rising mortgage costs and declining foreclosures in many areas signals that now could be the best chance homebuyers have to save money on discount foreclosure homes.

Some States Provide Best Value for Foreclosure Properties, reports ForeclosureWarehouse

NEW YORK, N.Y. /eNewsChannels/ -- Foreclosure Warehouse calls attention to future homeowners to some states with the best price values of foreclosure properties. Foreclosure Warehouse' statistics show that the top states that had the lowest prices in the beginning of the 2011 compared to the same time in 2010 reveal advantageous situations for those who are looking for a new property.

ForeclosureDataOnline reports on California's Top Cities with Homes in Foreclosure

LOS ANGELES, Calif. /eNewsChannels/ -- Foreclosure Data Online reports data for the top California cities and the change since the previous month. Facing more foreclosures, California, already the region's number one State for foreclosures reveals the top 10 cities that made the state number one in foreclosures.

ForeclosureListings.com reports data that shows alarming statistics about five U.S. states

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.

Wholesale Trading Co-Op in Atlanta adds Mark Morgan

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.

ForeclosureDataOnline reports that Data Supports Specter of Unemployment Keeping Foreclosures High in Some States

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.

Business Expansion, Improved Employment the Cure for Home Foreclosures? asks ForeclosureWarehouse

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.

Building Engines and eSight Energy Partner for Real Estate and Property Management Solution

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.

Dwindling Home Equity Forces Homeowners to Examine Options, says latest study from RemodelOrMove.com

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.

Illinois Residents of Shelby County May Be at Risk for Mine Subsidence

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.

Foreclosure Filings 2010 review announced by ForeclosureDeals

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.

Real Deal Solutions Inc. announced today the release of its innovative Web site, located at RealDealNY.com

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.

US Residential Group Picks Up CMBS Special Servicing Assignment

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.

Elite Pacific Properties adds REALTOR Bob Vieira as Broker In Charge

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.

RemodelorMove Industry Report Reveals Home Remodeling Projects Shrink as Homeowners Worry – But News Is Not All Bad

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.

Homeowners may be in Hidden Peril if residing in Woodford and Marshall Counties, Illinois

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.

U.S. Residential Group Expands Property Base Nationwide

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.

Henry County Illinois Residents May Be at Risk for Mine Subsidence

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.

Elite Pacific Properties and Bondroff Realty International Merge

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.

Foreclosure Deals reports that the Number of Foreclosures in August 2010 is Still Falling

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.

Kelly Mitchell Joins Hawaii's Elite Pacific Properties as Partner

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.

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.

Bank Foreclosures Sale says REO home filings up 38% in Past Year

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.