Yearly Archives: 2013

Congressman Fincher Introduces Bipartisan Legislation to Protect Affordable Housing

Washington, D.C. - April 29, 2013 - (RealEstateRama) -- Today U.S. Representative Stephen Fincher (R-Frog Jump) introduced the Preserving Access to Manufactured Housing Act – a bipartisan bill to protect the availability of financing for affordable manufactured housing, a critical resource for low and moderate-income families across the United States. Specifically, the bill would amend the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) to change the criteria by which home loans are classified “high-cost” while keeping in place strong consumer protections.

IDX Broker software integrated onto dynamic The DeSelms Team online property search pages

EUGENE, OR - April 22, 2013 - (RealEstateRama) -- IDX, Inc. is pleased to announce Scott Hines of The DeSelms Team. has chosen to employ the powerful and innovative IDX Broker software on his professional website. As a member of the RealTracs MLS (RTMLS), Hines, like many other real estate agents and brokers, can search through thousands of Franklin, Tennessee listings. Now, clients of Hines can experience the same accessibility and ease when scanning RTMLS properties, all on the convenient real estate website and search page Hines hosts

Tennessee real estate market made simple with the IDX solution hosted by Matt Shelton

EUGENE, OR - April 17, 2013 - (RealEstateRama) -- Jackson, Tennessee real estate agent Matt Shelton has become the latest professional to integrate the dynamic IDX Broker software onto his professional website, creating a helpful and simple search page for Jackson home seekers. Central West Tennessee (CWTAR) listings are seamlessly linked to the search page Shelton employs, giving him the ability to display thousands of listings on his convenient and easy-to-use Shelton website

March Market Report

MEMPHIS, TN - April 8, 2013 - (RealEstateRama) -- Memphis-area home sales for March dropped 9.8 percent from a year ago, with 1,164 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales increased 24.6 percent from February. Average sales price year-over-year rose 8.8 percent at $133,240. Inventory was up 2.9 percent, with 6,327 units listed for sale. Sales volume YTD increased 18.1 percent to $422.8 million

Corker Says Fannie and Freddie Income No Excuse for Inaction; Housing Finance Reform Still...

NASHVILLE, TN - April 3, 2013 - (RealEstateRama) -- In response to reports of increased income at mortgage finance agency Fannie Mae, U.S. Senator Bob Corker, R-Tenn., a member of the Senate Banking, Housing and Urban Affairs Committee, reiterated his call that these profits not become an excuse for inaction and expressed the need for long-term reform of our housing finance system.

Open House for Formerly Blighted Property

WASHINGTON, D.C. - April 2, 2013 - (RealEstateRama) -- As part of Community Development Week, City staff are holding an open house from 2-3 p.m. for a formerly blighted home in the Holston Hills neighborhood located at 4508 Plymouth Drive.

Study on Homelessness in Knoxville/Knox County Released

WASHINGTON, D.C. - March 29, 2013 - (RealEstateRama) -- During the kickoff for Community Development Week at the Volunteer Ministry Center, the University of Tennessee College of Social Work / Knoxville Homeless Management Information System (KnoxHMIS) released their annual study regarding homelessness in Knoxville.

THDA’s Housing Search Database Helps Tennesseans Find Housing Across the State

NASHVILLE - March 14, 2013 - (RealEstateRama) -- One is all a renter needs, but the TNHousingSearch has 100,000 in the list. Tennessee Housing Development Agency (THDA) built a website, www.TNHousingSearch.org, and has been inviting property owners to post Tennessee rental properties of all sizes, shapes, locations and costs on the site for each searching by households wanting to rent a home.

Residential Real Estate Summit Comes to Memphis

MEMPHIS, Tenn. - March 12, 2013 - (RealEstateRama) -- The Memphis Area Association of REALTORS® and Shelby County Trustee David Lenoir have partnered to present the Residential Real Estate Summit on Tuesday, April 2, at the Michael D. Rose Theatre on the campus of the University of Memphis.

Corker Applauds FHFA for Helping Set Stage for Housing Finance Reform

WASHINGTON, D.C. - March 6, 2013 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., a member of the Banking, Housing and Urban Affairs Committee, made the following statement today in response to remarks made by Federal Housing Finance Agency Acting Director Ed DeMarco following the release of the FHFA’s 2013 Conservatorship Scorecard for Fannie Mae and Freddie Mac which details this year’s priorities for the government-sponsored enterprises.

Popular

MERCY LOAN FUND PARTNERS WITH NATIONAL CHURCH RESIDENCES TO PRESERVE MUCH-NEEDED...

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., has announced it has partnered with National Church Residences (NCR) to help preserve 55 affordable homes for seniors at Hickory Hollow Senior Apartments in Memphis, Tenn.

Recent

Announcement of Maximum Effective Rate of Interest on Home Loans

The Federal National Mortgage Association has discontinued its free market auction system for commitments to purchase conventional home mortgages. Therefore, the Commissioner of Financial Institutions hereby announces that the maximum effective rate of interest

October Market Report

MAAR

June Market Report