Despite the concerns about the availability of credit, 75% of the commercial real estate executives surveyed said they would not be any less likely to construct “green” buildings. Green buildings are designed to be more efficient in their use of energy, water and other resources and to create better environments for occupants. In total, 754 commercial real estate executives were surveyed for Turner Construction Company’s 2008 Green...
No matter what the circumstances, from job loss or illness to changing market conditions, there’s a lot of stress a homeowner goes through in a foreclosure or a short sale of their home. As the Government takes action to stabilize the housing market, homeowners must understand the potential tax implications and new rules regarding these often once in a lifetime transactions. “It’s hard to believe, but prior to December of 2007, if...
Residential mortgage consumers remain remarkably positive as they weather the financial storm, according to a report released today by the Canadian Association of Accredited Mortgage Professionals (CAAMP). Attitudes towards local conditions have shifted only slightly with 38 per cent of Canadians believing now is a good time to purchase and 32 per cent believing it is a bad time. Mortgage arrears remain low and steady at .28 per cent and an overwhelming...
a la mode, inc. (http://www.alamode.com), one of the real estate industry’s largest and most mission critical technology companies, announced today that it will release a new IDX product for real estate agents. IDX, or “Internet Data Exchange”, is a way for real estate brokers and their agents to display all of the local MLS’s listings on their own websites, with the hosting broker’s contact information shown instead...
Neff Corp. (“Neff”) announced today that it is offering each of the holders of its 10% senior notes due 2015 (the “Senior Notes”) an opportunity to become a lender (a “Term Lender”) of term loans (the “Term Loans”) under its senior secured first lien credit agreement (the “Credit Agreement”) in the amounts described below in consideration for properly tendered and accepted outstanding Senior Notes and consents for amendments to...
A press release issued yesterday by ForSaleByOwner.com contained inaccuracies and misleading statements about its ability to place unlisted for-sale-by-owner information on REALTOR.com, the official Web site of the National Association of Realtors® operated by Move Inc. (Logo: http://www.newscom.com/cgi-bin/prnh/20080923/NARLOGO) NAR and REALTOR.com are setting the record straight with the following clarifications: * The settlement agreement...
Today’s real estate market knows no borders, which is why the National Association of Realtors® has been expanding its network of business partnerships around the world and has recently established new bilateral agreements with seven national partners in Europe, Latin America and Asia. “Over the past two years, as the domestic real estate market has flattened, global business has remained a mainstay for many of our members who are involved...
N-Play RE LLC, a real estate service company, has launched a new way for homebuyers, sellers, and real estate agents to conduct business online. The Company had been in beta since July and has now launched nationally. N-Play provides an online service for buyers to make offers on homes in a transparent, engaging and competitive online environment. The service eliminates the traditional gauntlet that buyers must go through to simply make an offer on...
MLSListings Inc, a Silicon Valley-based regional Multiple Listing Service (MLS), announced the launch of an innovative online security initiative featuring the A-OK On-Demand service from Arcot Systems. Selected for its ease of use and powerful capabilities, the A-OK On-Demand service transparently protects the identities and data of MLSListings’ users. MLSListings is using this solution for user identity verification as part of MLS data security...
UJA-Federation of New York will bring together 250 leading young professionals from New York’s real estate, construction, and allied trade industries, including developers, owners, brokers, attorneys, and investment strategists, for one of the most exclusive nights in the industry at its annual Real Estate and Allied Trades Division’s REX Premiere Event on Thursday, November 6, 2008, at 6:30 p.m. at the Puck Building’s Skylight Ballroom,...