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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Real Estate News
Bob Vieira Joins Hawaii’s Elite Pacific Properties as Broker In Charge
HONOLULU, Hawaii (CitizenWire) — 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.
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 […]
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 […]
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 […]
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.
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, […]
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.
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 […]
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% […]
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 […]
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.
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 […]
Foreclosures Fall 9 Percent Nationwide During April
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 […]
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 […]
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 […]
Georgia Real Estate Commission Chairman to Speak to Business Brokers on Licensing
ATLANTA, Ga. — 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. — 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 […]