June 30th, 2009
Tennessee is set to receive $39 million in federal stimulus money to jump start affordable housing programs.
Read more about “Tennessee gets $39M for affordable housing”
June 30th, 2009
Marin Community Foundation is embarking on a five-year, $10 million initiative to increase affordable housing offerings in Marin County.
Read more about “Marin foundation opens $10M housing push”
June 30th, 2009
Oregon affordable housing projects in stalled by the recession will get a boost thanks to $27.3 million awarded through the federal stimulus act.
Read more about “HUD money jump starts home construction in Oregon”
June 30th, 2009
D.C.-area home prices rose 0.83 percent in April from March. The increase in prices, as measured by the S&P/Case-Shiller survey of 20 major U.S. cities, was the fourth best advance of the eight cities that had gains.
Read more about “Report: D.C.-area home prices up in April”
June 30th, 2009
Declining apartment occupancy in North Texas has begun to trigger decreases in rent at the same time that Dallas is set to deliver more units than anywhere else in the country, according to apartment market analysts MPF Research.
Read more about “Apt. rents could see double-digit declines”
June 30th, 2009
Lender Processing Services Inc. has formed a new real estate division after acquiring FNRES Holdings Inc.
Read more about “LPS forms real estate group”
June 30th, 2009
The good news is that between March and April, home prices in Seattle rose 0.2 percent. The bad news is that the average price of a Seattle home dropped 16.8 percent in April from a year earlier, which is getting closer to the national average decline of 18.1 percent.
Read more about “Some good news on Seattle housing front”
June 30th, 2009
Raytheon Co. received a $167 million contract for AIM-9X infrared-guided air-to-air missiles. (RTN)
Read more about “Raytheon gets $167M missile contract”
June 30th, 2009
Municipal Mortgage & Equity LLC said Tuesday it will sell substantially all of the low-income housing tax credit business operated by its MMA Equities Corp and MMA Financial TC Corp. subsidiaries as it looks to become a leaner company.
Read more about “MuniMae sells low-income housing tax credit unit”
June 30th, 2009
The average 30-year mortgage rate quoted to Colorado borrowers has fallen for the second consecutive week, the real estate company Zillow reported Tuesday.
Read more about “Colorado mortgage rates fall again”