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Category:
Press
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Real Estate
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Redfin Releases Market Data Showing Its Home Buyers Fare Better in Negotiations (Popularity:  )
Online real estate broker Redfin Corporation today published an analysis of the last 12 months' public real estate records in Seattle and the San Francisco Bay Area that shows its buyers and their Redfin agents negotiated a better price than buyers who used other brokerages. Redfin's average negotiating advantage was $5,048. The company also reported a 95 percent customer satisfaction rate for users of its home-buying service, and an average ...
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Countrywide Offers Discounted Rates for Buyers of Green and Energy Efficient Homes (Popularity: )
Countrywide Home Loans, a division of Countrywide Bank, FSB, today announced the retail launch of its Green Incentive Program, which will initially be available to qualified home buyers in thirteen states, including: Alaska, Colo., Iowa, Idaho, Minn., Mont., Neb., N.D., Ore., S.D., Utah, Wash., and Wyo. The program provides an interest rate reduction of .125% on a Countrywide loan used to purchase a new home that is built meeting recognized ...
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Refinance.com Announces New Higher Mortgage Loan Limits to $729,750 (Popularity: )
Refinance.com, the nation's premier source for residential mortgage refinancing, has announced new higher mortgage loan limits up to $729,750 for a single family home, stated Nicholas Bratsafolis, chairman and CEO of Refinance.com. The company is taking the lead nationally in refinancing for homeowners by immediately adopting the new conforming and FHA loan limits and is accepting mortgage refinance applications up to these new limits immediately.
"Borrowers all over the country ...
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M.D.C. Holdings, Inc. Announces Pending Retirement of Paris G. Reece III, Executive Vice President, Chief Financial Officer and Principal Accounting Officer (Popularity: )
M.D.C. Holdings, Inc. (NYSE: MDC) today announced that Paris G. Reece III will be retiring as the Company's Executive Vice President, Chief Financial Officer and Principal Accounting Officer effective at the close of business on June 30, 2008. A search is underway for his successor. After the effective date of his retirement as an officer of the Company, Mr. Reece will provide services to the Company on a more limited ...
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Commercial Real Estate & Financial Consulting Firm Specializing in Commercial & Super Jumbo Residential Loans Expands Operation (Popularity: )
Aspen Financial Partners, LLC is pleased to announce additional conduits for funding commercial, land acquisition & development projects in Puerto Rico, Caribbean Islands, Cost Rica, Panama, Latin America, Mexico, and Canada.
Aspen Financial Partners, LLC headquartered in Denver, CO is a privately held commercial real estate advisory & financial consulting firm comprised of a core group of seasoned professionals who work aggressively to provide our clients with commercial real estate ...
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GMH Communities Trust Announces Sale of the Company (Popularity: )
GMH Communities Trust (NYSE: GCT), one of the leading providers of housing, lifestyle and community solutions for college students and members of the U.S. military and their families, today announced that it has entered into two definitive agreements in connection with the sale of the military and student housing divisions of GMH Communities Trust ("GMH Communities" or the "Company"). The first agreement is a securities purchase agreement with a U.S. ...
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Leading Bankruptcy Firm Says Bush's Stimulus Package May Not Solve Colorado's Sub-prime Lending Fallout (Popularity: )
One of Denver's leading bankruptcy law firms, The Aschenberg Law Group, P.C., says the predicted relief from President Bush's economic stimulus package may not be enough to provide long-term help for Coloradoans caught in the sub-prime lending crisis. However, a newer trend in bankruptcy law that removes second and third mortgages is helping provide solutions to homeowners in the Front Range right now.
The Federal Government has stepped in to ...
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Major National Lender Partners With Rick Levin & Associates, Inc. to Sell Foreclosed Homes at Auction (Popularity: )
A major lender has engaged the services of Rick Levin & Associates, Inc., a Chicago-based real estate auction marketing firm, to conduct a multiple-property auction of Wisconsin residential properties, many of them in Milwaukee and the surrounding area. The auction will take place at 1 p.m. on Tuesday, February 12, 2008, at the Hilton Milwaukee City Center, 509 W. Wisconsin Avenue, Milwaukee, Wisconsin.
"Because lenders are in the business of ...
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All California Brokerage, Inc. Goes Live With a Powerful New Real-Estate Website Powered by Terabitz (Popularity: )
All California Brokerage, Inc. (ACB), today announced a sophisticated new website that integrates MLS, provides unique search and mapping capabilities and includes the most complete database of local area information and expertise. Powered by Terabitz, the new ACB website () is the first site to provide complete coverage of Southern California property listings. The site also includes rentals, Craigslist, and local area information such as restaurants, schools, crime statistics, and ...
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Subprime Mortgage Crisis Causing African-Americans to Experience Greatest Loss of Wealth in Modern US History (Popularity: )
A new report says the subprime mortgage crisis will cause African-Americans to experience wealth losses of between $71 billion and $122 billion over its duration. The racial bias of subprime mortgage lenders accounts for a 40% difference in losses between whites and people of color.
Foreclosed: The State of the Dream 2008 is available to members of the press under embargo until 12:01 a.m. January 15, the actual date of ...
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