Real Estate News - Page 12

Page 12 of Real Estate News issued by the Send2Press® Newswire service.



Building Engines Reports Continued Expansion with Related Management

BOSTON, Mass. (SEND2PRESS NEWSWIRE) — 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.

Georgia Real Estate Commission Chairman to Speak to Business Brokers on Licensing

ATLANTA, Ga. (SEND2PRESS NEWSWIRE) — 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

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — 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.

More than 4 Million Families Face Foreclosure

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — 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.

Pacific West Management, Inc. Joins U.S. Residential Group, Inc. to Serve Multi-Family Industry Nationwide

DALLAS, Texas (SEND2PRESS NEWSWIRE) — Pacific West Management, Inc. is pleased to announce its affiliation with U.S. Residential Group, Inc., a Dallas-based company established to provide multi-family real estate services on a nationwide scale. U.S. Residential Group is a full-service, fee-based management company for conventional and affordable multi-housing communities.

U.S. Residential Group, Inc. Formed to Serve Multi-Family Industry Nationwide

DALLAS, Texas (SEND2PRESS NEWSWIRE) — U.S. Residential Group, Inc., a company based in the Dallas-Fort Worth area, has been formed to provide management and real estate services to the multi-family housing industry nationwide. USRG is a full-service, fee-based management company for conventional and affordable multi-housing communities.

Art Lennig to Lead Georgia Association of Business Brokers

ATLANTA, Ga. (SEND2PRESS NEWSWIRE) — Art Lennig, a regional director of Murphy Business and Financial Corporation, has been elected president of the Georgia Association of Business Brokers (GABB) for 2010. GABB is the state’s only professional organization and Multiple Listing Service dedicated to buying and selling businesses and franchises.

Building Engines, Inc. Responds to Struggling Real Estate Market and Announces the ‘NOCOST’ Vacant Building Relief Program

BOSTON, Mass. (SEND2PRESS NEWSWIRE) — Building Engines, provider of a comprehensive Web-based operations management solution for owners and managers of all property types, today responded to the struggling real estate market with the launch of a new Vacant Building Relief Program. The program, No Occupancy Carry-Over System Trial (NOCOST), allows owners and managers of vacant buildings to use the Building Engines operations and workflow management system at no cost.

Bank Foreclosures Sale Reports Fewer Foreclosures in January

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — New statistics from Bank Foreclosures Sale, a leading online provider of foreclosure listings and information, reveal that foreclosure rates in states across the nation were down significantly during January. Nationally, the number of foreclosures for sale fell by 10 percent from December to January, with a total of 315,710 foreclosure homes reported.

Foreclosure Deals Reports on Falling Foreclosures in January

LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) — New statistics from Foreclosure Deals, a leader in foreclosure listings industry, show the market for foreclosures is already improving in 2010, with foreclosures down 10 percent in January from the previous month. Foreclosure property inventories also fell in traditional foreclosure hotspots throughout the nation, which experts believe could be an excellent sign for buyers considering a purchase this year.

Unemployment, Economic Hardship among Factors of Foreclosures in the U.S.

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — Foreclosure Listings confirmed that the national foreclosure rate in January was one foreclosure filing for every 466 U.S. households; the most severe problems continue in the west and in Florida. Unemployment, economic hardship, negative equity, and credit availability are driving the foreclosures. Yet between the months of December 2009 and January 2010 a drop in the actual number of foreclosures was recorded.

Metro Brokers CEO Kevin Levent to speak to Georgia Association of Business Brokers

ATLANTA, Ga. (SEND2PRESS NEWSWIRE) — The president and CEO of Georgia’s largest real estate company, Kevin Levent of Metro Brokers, will tell Georgia’s business brokers how he decided to rebrand and join forces with two national brokerages in late 2009. Metro Brokers CEO Levent will speak to the Georgia Association of Business Brokers at their meeting Tuesday, February 23, 2010 at the South Terraces Conference Center.

Building Engines, Inc. Reports Strong 2009 Revenue Growth Despite Difficult Economy, Announces Continued Expansion of Client Service Programs

BOSTON, Mass. (SEND2PRESS NEWSWIRE) — Building Engines, provider of a comprehensive Web-based operations management solution for owners and managers of all property types, today announced overall recurring revenue growth of 34 percent in 2009, matching its strong performance in the previous year. Despite the struggling real estate market in a difficult economy, the company broadened product functionality, enhanced platform usability, and increased its service programs.

Shadow Inventory Properties May Contribute to Next Wave of Foreclosures in 2010

LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) — The year 2009 has come to a close and the real estate professionals at Bank Foreclosures Sale are gearing up to continue to provide real estate investors with the most current information on foreclosures in 2010. While the Obama administration has worked to quell foreclosures, it appears that these efforts may not be enough.

Positive Economic News as Foreclosure Rates Fall

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — The end of the recession may be in sight as foreclosure rates were down again in many states in November compared with October while foreclosure prices were up. Comparing rates and sale price figures from ForeclosureListings.com offers a positive economic snapshot of the current housing market. For buyers who have been waiting and watching the market, now is a good time to buy.

Foreclosure Deals’ Report Is Valuable Tool for Real Estate Investors

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — Foreclosure Deals, the leading online marketplace for foreclosure properties, has compiled important data for the second semester of 2009; it releases statistics on foreclosure information throughout the U.S. This is valuable information for people who want to invest in foreclosed homes for sale.

Engel and Volkers Lake Placid Real Estate Launches Premier Vacation Rental Website Aimed at Inbound Travel to Lake Placid, New York

LAKE PLACID, N.Y. (SEND2PRESS NEWSWIRE) — Engel & Volkers Lake Placid Real Estate, a leading full service real estate property shop in Lake Placid for the last 30 years today announced the launch of a new vacation rental website. A world renowned four seasons resort destination in the Adirondack Mountains, Lake Placid is known for hosting two Olympics and is a haven for outdoor and recreational enthusiasts. Offering something for everyone, the region is a destination to over 2 million overnight visitors per year.

Entrepreneur Builds ‘Buy My Moms House’ Site to Keep Mom’s Missouri House from Foreclosure

PASADENA HILLS, Mo. (SEND2PRESS NEWSWIRE) — A California entrepreneur has put up a Web portal called ‘Buy My Mom’s House’ (BuyMyMomsHouse.com) to help sell his mom’s house in Pasadena Hills (St. Louis) Missouri, which has been on the market for a year and, while sitting idle for open houses, has been eating through mom’s savings.

London Bay Homes Launches New Website with Expansive Photo Gallery and Interactive Floor Plans

NAPLES, Fla. (SEND2PRESS NEWSWIRE) — London Bay Homes, a Naples, Florida-based builder of luxury custom homes and unique Village communities throughout Southwest Florida, has designed and launched a new company website that provides visitors with a wide range of content including a custom home photo gallery, interactive floor plans, blog, and real estate news at www.londonbay.com.

Foreclosure Prices Were Up, While Real Estate Prices Were Down

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — Reports from the first days of November show that the housing market is still on shaky ground. According to the statistics from Foreclosure Data Online, real estate prices on the whole are down already for the first three days of November as compared with October’s average. The foreclosure market appears strong however. It grew over this same period and shows the kind of steady growth that is apt to continue.

Real Estate Tools: Foreclosure API and Real Estate Widgets

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — The fast paced world of real estate is about to move even faster thanks to new tools for the web that have just been released by industry leader ForeclosureListings.com. The Internet based foreclosure listing service has just released the first ever foreclosure API on the market. This tool joins the company’s current offering of successful real estate widgets already in widespread use on the Internet.

Foreclosure Deals’ Widgets: An Excellent Resource for Real Estate Pros

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — What’s a widget? Foreclosure Deals announces some new features – its new widgets – created for easy and up-to-date foreclosure database access and mortgage rate information. ‘Widgets are a great way to build a user’s knowledge of the material on your Web site,’ James Foxx, real estate expert with Foreclosure Deals, explains.

Arizona Leads as Foreclosure Rates Rise Countrywide

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — According to statistics from Foreclosure Listings, foreclosure rates are still on the rise across the country, a sure sign that the recession is far from over. The same statistics show that average foreclosure sale prices are also on the rise. The combination means that it is a strong market and a good opportunity for investment buyers.

Foreclosure Inventory Remains at All-time High

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — Bank Foreclosures Sale reports that ‘Making Home Affordable,’ a $75 billion federal government-backed initiative to keep up to seven to nine million Americans in their homes by preventing avoidable foreclosures, may have an uphill battle.

Slow Price Increases, Moderate Foreclosure Declines Reported in Latest Statistics

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — According to ForeclosureWarehouse, the Making Home Affordable Program created by the Obama Administration as a way to help struggling homeowners save their homes from foreclosure has had mixed results. After two years of declining prices and increasing foreclosure rates, the program may have helped reduce the numbers but it has failed large numbers of homeowners who were eligible for the program. Wells Fargo and Bank of America had enrolled only 6 to 4 percent, respectively, of their eligible borrowers.

Foreclosure Listings Data Bank Lists Homes 20 to 40 Percent Below Market Value

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — The number of foreclosures for sale remained near record levels for the month of August according to real estate industry reports. Prices continue to drop on foreclosure listings as market levels remain at record lows. ‘Whether people are seeking to buy or sell, now is the time to take action,’ Alex Rolim, real estate investment advisor for ForeclosureDataBank, says.

Foreclosure Homes are More than Affordable for Potential Home Buyers Today

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — Good news for people who want to buy properties across the nation: ForeclosureRepos has new statistics posted online that give an average price of single family homes, condos, and even duplex or triplex properties. These figures are based on an average sale of foreclosures across the nation.

Good Deal for Buyers: Foreclosure Home Prices Still Dropping in Several States

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — According to ForeclosureDataOnline, many states are still seeing a drop in foreclosure housing prices despite improvements in many parts of the United States. These statistics suggest investors and home buyers might want to hold out just a bit longer when buying foreclosure property in some states.

ForeclosureDeals.com Provides Support Services for Abandoned Foreclosure Pets

LOS ANGELES, Calif. (SEND2PRESS NEWSWIRE) — Home foreclosures continue to be on the minds of many people throughout the nation. And, worries about unemployment and not being able to meet mortgage payments often trump other issues such as what to do with a pet. As a result, ForeclosureDeals.com has compiled helpful resources to address this growing problem of abandoned foreclosure pets.

Positive Statistics in Foreclosure Market Suggest Hope for Home Owners

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — ForeclosureListings.com statistics suggest some improvement in the housing market, but the good news for homeowners might be just a temporary setback for real estate investors searching for a good deal. Decreases in the number of foreclosure filings in each state and increases in prices in many of those same states seem to suggest good news, although the news is still mixed in some parts of the country.

Buyers Interested in Low Cost Foreclosure Homes Need to Act Now

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — The high foreclosure rate across the United States during the last two years caused an abundance of properties to flood the market. Prices on real estate dropped as the number of available homes kept growing. An analysis conducted by Foreclosure Data Online using their large database of foreclosure information has found that situation is changing. Prices are rising and homes are being purchased more quickly than in recent months.

Opportunities for Women to Buy or Sell Business, say Women Brokers

ATLANTA, Ga., Aug. 20 (SEND2PRESS NEWSWIRE) — Opportunities abound for women who want to start or buy a business, say four veteran women business brokers, who talk about the economic, gender and professional challenges of buying and selling businesses at a monthly meeting of the Georgia Association of Business Brokers (GABB) Tuesday, August 25, 2009.

Real Estate Investors Can Find Good Deals on Foreclosure Properties in Many States

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — Real estate investors have benefited from the downturn in the real estate market. With high levels of foreclosures dramatically inflating the supply of homes in most states, the prices have dropped and made properties more affordable. In many states, investors can pick up numerous properties with just $500,000. According to information collected by ForeclosureRepos.com, investors can pick up 2, 3, and even more homes in key locations.

Statistics Suggest a Less than Stable Real Estate Market

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — ForeclosureListings.com provides statistics regarding the most recent foreclosure and real estate prices throughout the United States. Just as the signals about the state of the economy seem to be mixed, the fluctuations in the real estate market do not seem to follow a set pattern either.

BankForeclosuresSale.com Closely Analyzes Foreclosure Filings in 2009

SAN FRANCISCO, Calif. (SEND2PRESS NEWSWIRE) — More than midway through 2009, BankForeclosuresSale reports that foreclosure filings are in the millions. When July 2008 foreclosure numbers are compared to July 2009, there is an increase of nearly 32 percent in foreclosure filings. And to date, Bank Foreclosures Sale reports that more than half of that activity has been reported in Nevada, California, Arizona and Florida.

ForeclosureDeals.com Reports on Foreclosure Filings for First Half of 2009

MIAMI, Fla. (SEND2PRESS NEWSWIRE) — ForeclosureDeals.com has been closely following and analyzing foreclosure filing data around the nation. For the first half of 2009, the company reports that foreclosure filings were just shy of two million. This number is a nine percent increase from the last six months of 2008 and a 15 percent increase from the first six months of 2008.

ForeclosureDeals Reviews Foreclosure Filing Reports for First Half of 2009

LAS VEGAS, Nev. (SEND2PRESS NEWSWIRE) — The numbers for foreclosure filings for the first half of 2009 are being released and ForeclosureDeals.com is on top of them. This foreclosure home Web site not only provides an extensive databank of properties, it also provides prominent foreclosure statistics and other current foreclosure news.

Mortgage Delinquency Rates Predict More Foreclosures Ahead

SAN FRANCISCO, Calif. (SEND2PRESS NEWSWIRE) — The real estate experts at Bank Foreclosures Sale are keeping a close watch on the news revolving around foreclosures across the U.S.; they are working to keep their news fresh and their listings hot. Keeping a close eye on the California real estate market, Bank Foreclosures Sale reports that, statewide, foreclosures have increased for the third-consecutive month.

Real Estate Experts Say Residential and Commercial Foreclosures Will Continue to Rise

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — According to the real estate experts at ForeclosureDeals.com, foreclosed properties will continue to dominate the real estate marketplace in many regions. Recent reports have been released that support this prediction. For example, in Utah’s Washington County, the region’s foreclosure rate remains higher than the national average.

Nationwide Foreclosure Fear Still Strong as Homeowners Try to Prepare for the Worst, says ForeclosureRepos

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — According to ForeclosureRepos, REO activity is expected to spike in the coming months as foreclosure delays and moratoria implemented by various state laws come to an abrupt end. The herd mentality is causing people to rush to find alternatives. Attendance at Tele-Seminars, workshops, interactive community meetings, and increasingly large seminars held by reputable mortgage bankers and attorneys are continuing to draw concerned and sometimes desperate homeowners seeking solutions to stay in their homes.