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Finance, Economy & Government Issues Archive


HUD and German Ministry of Transport, Building and Urban Development Agree to Cooperate On Sustainability

RISMEDIA, May 12, 2011— While the U.S. Department of Housing and Urban Development (HUD) is working to promote sustainability in this country, the Ministry of Transport, Building and Urban Development (BMVBS) is pursuing a set of similar goals in the Federal Republic of Germany. Today, both agencies signed a Joint ...


April Housing Scorecard Shows Growing Evidence of Economic Progress

RISMEDIA, May 10, 2011—The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury recently released the April edition of the Obama Administration's Housing Scorecard—a comprehensive report on the nation’s housing market. Officials caution that ...


75 Percent of Refinancing Homeowners Maintain or Reduce Debt in First Quarter

RISMEDIA, May 10, 2011—Freddie Mac (OTC: FMCC) released the results of its first quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house: ...


HUD Offers Grants to Clean Up Health Hazards in Housing

RISMEDIA, May 7, 2011—The U.S. Department of Housing and Urban Development recently announced that it is offering $2.5 million in grants to improve and develop methods and knowledge for detecting and controlling lead-based paint and other housing-related health and safety ...


HUD’s Home Program Reaches One-Million Mark

RISMEDIA, May 6, 2011—Twenty years ago, Senator Alan Cranston, Congressman Henry Gonzalez and housing advocates from across the country designed a new block grant program exclusively dedicated to producing affordable housing. Recently, the U.S. Department of Housing and Urban Development’s HOME Investment Partnerships Program (HOME) has produced one million units ...


Build Your Business on Substance and Results

RISMEDIA, May 5, 2011—With the market we have today, consumers desperately need an experienced real estate agent for the largest financial transaction most of them will ever make. They want to know they’re working with a skilled, trusted professional who’s capable of closing sales. ...


Spring Warms Luxury Demand

RISMEDIA, May 5, 2011—It’s still very much a “cold” buyer’s market according to the Institute for Luxury Home Marketing’s April 24 Luxury Housing Report, but early numbers from the spring home buying season suggest that demand is warming up. ...


Latest MBA Weekly Survey Shows Increase in Mortgage Applications, Driven by Refinances

RISMEDIA, May 5, 2011—Mortgage applications increased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 29, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 4.0 percent on a seasonally adjusted basis ...


Gallup: Time Is Right to Buy

RISMEDIA, May 5, 2011—Consumer attitudes towards the housing markets are echoing views in the years immediately preceding the peak of the housing boom, according to a new national survey by the Gallup poll. Americans continue to see a buyer’s market in housing, according to an April 2011 Gallup poll. Sixty-nine ...


1parkplace to Host Listings Webinar: “The Art of Connecting with Your Community”

RISMEDIA, May 4, 2011--1parkplace, a leader in online real estate marketing, believes high quality education and training is paramount to the success of its valued members. As a result, the company is kicking off the spring training season with ...


Regional Spotlight: Bay Area Home Sales, Prices Remain Stable

RISMEDIA, May 3, 2011—Home sales in the nine-county San Francisco Bay Area continued at a steady pace in the first quarter of 2011 compared with the same period a year ago as homebuyers took advantage of favorable home prices and interest rates, according to an analysis of MLS data issued ...


Remodeling Market Index Reaches Highest Level in Four Years

RISMEDIA, May 2, 2011—According to the National Association of Home Builders' (NAHB) Remodeling Market Index (RMI), the remodeling market is heading into recovery with an increase to 46.5 in the first quarter of 2011 from 41.5 in the fourth quarter of 2010. This marks the highest level for the RMI ...


HUD Awards Millions to Homeless Programs across Country

RISMEDIA, May 2, 2011—Housing and Urban Development Secretary Shaun Donovan today awarded more than $216 million to nearly 700 new homeless programs across the country. The grants announced today are $26 million more than last year’s grants and, combined with renewal funding announced earlier this year, represents the most ...


Pending Home Sales Rise Again

RISMEDIA, April 29, 2011—March saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 5.1 percent to 94.1 in March from ...


HUD Awards $23 Million to 22 Local HIV/AIDS Housing Programs

RISMEDIA, April 29, 2011—Recently, the U.S. Department of Housing and Urban Development announced that more than a thousand extremely low-income persons living with HIV/AIDS will continue to receive permanent housing as a result of $23 million in grants. During each of the next three years, this HUD funding will help ...


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