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U.S. Residential Group, Inc.

Texas’ U.S. Residential Group Picks Up CMBS Special Servicing Assignment

CARROLLTON, Texas (CitizenWire) — 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.

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Remodel or Move

Home Remodeling Projects Shrink as Homeowners Worry; But News Is Not All Bad, reports RemodelorMove.com

SUNNYVALE, Calif. (CitizenWire) — 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 […]

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apartment management

U.S. Residential Group Expands Property Base with 8,300 Additional Units over Past 60 Days

DALLAS, Texas (CitizenWire) — 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 […]

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henry county illinois

Homeowners in Henry County, Illinois 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 […]

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Christine Bondroff

Hawaii’s 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.

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REO properties

Foreclosures in August, 2010 Still Falling, says ForeclosureDeals

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, […]

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oahu real estate

Oahu real estate firm Elite Pacific Properties adds prominent REALTOR Kelly Mitchell

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.

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foreclosure market analysis

Analysts at Foreclosure-Support report U.S. Bank Repossessions Hit a New Record High

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 […]

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bank owned homes listings

Bank Foreclosures Sale reports that foreclosed home stats UP nearly 40 percent 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% […]

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foreclosure investment information

According to Foreclosure Listings Nationwide, U.S. Home Foreclosures Dipped 5% in First Half of 2010

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 […]

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Dallas Fort Worth Homes

Sandlin Custom Homes is Bringing New Homes to Popular North Texas Communities

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.

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foreclosed homes for sale listings

Analyst James Foxx says 31 Percent of Home Sales in First Quarter of 2010 were Foreclosures

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 […]

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mortgage lending automation

DataTrac Tools Help North Collin County, Texas Habitat for Humanity Compete for Funds, 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 […]

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operations management SaaS

Building Engines Reports Continued Expansion with Related Management

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 […]

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Foreclosure Listings

Foreclosure Rates on the Rise Across the Nation

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 […]

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