Monthly Archives: June 2013
Banking Committee Senators Introduce Legislation to Modernize and Reform America’s Broken Housing Finance System
WASHINGTON, D.C. - June 26, 2013 - (RealEstateRama) -- U.S. Senators Bob Corker, R-Tenn., Mark Warner, D-Va., Mike Johanns, R-Neb., Jon Tester, D-Mont., Dean Heller, R-Nev., Heidi Heitkamp, D-N.D., Jerry Moran, R-Kan., and Kay Hagan, D-N.C., all members of the Senate Banking, Housing and Urban Affairs Committee, today introduced legislation to strengthen America’s housing finance system by replacing government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac with a privately capitalized system that preserves market liquidity and protects taxpayers from future economic downturns
Banking Committee Senators Garner Broad Support for Bipartisan Housing Finance Reform Bill
WASHINGTON, DC - June 25, 2013 - (RealEstateRama) -- U.S. Senators Bob Corker, R-Tenn., Mark Warner, D-Va., Mike Johanns, R-Neb., Jon Tester, D-Mont., Dean Heller, R-Nev., Heidi Heitkamp, D-N.D., Jerry Moran, R-Kan., and Kay Hagan, D-N.C., all members of the Senate Banking, Housing and Urban Affairs Committee, are introducing legislation today to strengthen America’s housing finance system by replacing government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac with a privately capitalized system that preserves market liquidity and protects taxpayers from future economic downturns. The bill is drawing broad support from stakeholders and industry experts
HUD Provides Grant for Housing Counselors
NASHVILLE, TN - June 25, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced last Tuesday they will provide $40 million in additional funding to housing counseling agencies across the country. The HUD grants ensure housing counselors are available to help individuals and families make informed housing decisions through prepurchase and foreclosure counseling.
May Market Report
MEMPHIS, Tenn. - June 10, 2013 - (RealEstateRama) -- Memphis-area home sales for May increased 1.6 percent from a year ago, with 1,473 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales increased 6.3 percent from April. Average sales price year-over-year rose 10.6 percent at $139,779. Inventory was flat with 6,483 units listed for sale. Sales volume YTD increased 18.9 percent to $825.6 million
THDA Mortgages Ready for Homeownership Month – Funds Available Statewide through Lenders
NASHVILLE, TN - June 4, 2013 - (RealEstateRama) -- Saturday marked the beginning of National Homeownership Month- an annual recognition of the important role housing plays in creating jobs, maintaining viable communities, providing stability for families, and contributing to the economy
Cohen Announces $350k Housing Grants for Memphis-area Homeless Veterans
MEMPHIS, TN - June 3, 2013 - (RealEstateRama) -- Congressman Steve Cohen (TN-09) announced today that HUD will provide $358,506 in grants to the Memphis VA Medical Center to offer permanent supportive housing to homeless veterans.
IDX solution modifies search capabilities of Fine Homes and Land real estate website
EUGENE, OR - June 3, 2013 - (RealEstateRama) -- Phil Cobble and Fine Homes and Land of Knoxville, Tennessee, have teamed with IDX, Inc. to deliver home seekers with a comprehensive and complete online property search experience. The IDX solution Cobble now hosts has made it monumentally easier for home seekers to scan the Knoxville MLS (KAARMLS) and find their dream home among the thousands of listings IDX Broker syncs to the website of Cobble. The innovative IDX Broker software Cobble has incorporated onto his professional real estate website has forever changed the way he conducts business and displays properties online.
