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Remarks of Ranking Member Spencer Bachus During Full Committee Hearing on Loan Modifications

WASHINGTON, D.C. - November 14, 2008 - (RealEstateRama) — The following are remarks delivered by Congressman Spencer Bachus at today’s hearing by the House Financial Services Committee.

Home Technology Within Reach of Average Buyers

October 20, 2008 - (RealEstateRama) — Home automation technology is much more widespread throughout the new home industry today than one might think — and well within the reach of the average buyer.

HUD charges Alabama landlords with discrimination

WASHINGTON - October 07, 2008 - (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) today announced that it has charged two Tallassee, Alabama landlords with violating the Fair Housing Act for allegedly forcing white tenants to move out of their house after the owners saw the couple talking with black neighbors in their front yard.

Housing at Its Most Affordable Level in Four Years

AL - September 5, 2008 - (RealEstateRama) — Housing affordability improved from April to June of this year for the third consecutive quarter, according to the most recent survey results of the NAHB/Wells Fargo Housing Opportunity Index HOI), which were released on Aug. 19.

Home Builders Applaud New IRS Regulations on Utility Allowances for LIHTC Properties

Montgomery, AL - July 30, 2008 - (RealEstateRama) — Calling it a victory for affordable housing, the National Association of Home Builders (NAHB) applauded new regulations issued by the Internal Revenue Service (IRS) that give Low Income Housing Tax Credit (LIHTC) property owners more flexibility in the way they calculate utility allowances for their low-income residents.

HUD CHARGES ALABAMA MOBILE HOME PARK OWNERS WITH DISCRIMINATING AGAINST FAMILIES WITH CHILDREN

WASHINGTON, D.C. - Jun 27, 2008 - (RealEstateRama) — The U.S. Department of Housing and Urban Development announced today that it has charged Pina and Arthur Witherington, joint owners, agents and managers of Pina's Mobile Home Park in Daphne, Alabama, with discriminating against families by charging additional rental fees to families with children, and limiting the number of children allowed to occupy a mobile home.

Alabama Home Sales Increase in May

AL, Jun 26, 2008 - (RealEstateRama) — May 2008 home sales in Alabama increased 14.20 percent from the prior month. As anticipated within the industry, year—over—year sales remain below seasonal norms with total statewide home sales of 4,569 units during May, a decline of 22.81 percent representing 1,350 fewer homes sold compared to May of last year.

Home buyer Tax Credit Key to Reviving Housing, Builders Tell Congress

WASHINGTON, D.C. - Jun 9, 2008 - (RealEstateRama) — The National Association of Home Builders (NAHB) today called on Congress to create a temporary home buyer tax credit along with other important tax measures to boost the faltering housing market and economy.

Synovus Mortgage Corp. and Freddie Mac Bring Get The Facts! Homeownership Campaign to Central...

Montgomery, AL - May, 5 2008 - (RealEstateRama) — Synovus Mortgage Corp. (Synovus) and Freddie Mac (NYSE: FRE) announce a new first-time homebuyer campaign in conjunction with two regional Alabama organizations. The new Initiative provides a grassroots campaign to demystify the homeownership process for families in four of the 12 counties that make up Central Alabama.

Local Home Sales Pace Picks Up

Homes sales around Montgomery remained well below 2007 levels in March, but the pace picked up compared to February, pointing to a seasonal shift in sales.According to the Alabama Center for Real Estate at the University of Alabama, Realtors sold 416 homes in the Montgomery area last month, more than 100 fewer than last year, but more than the 340 sold in February

Tips for Greening Your Home

WASHINGTON, D.C. - April 22, 2008 - (RealEstateRama) — With today marking Earth Day, the National Association of Home Builders (NAHB) encourages home owners everywhere to take simple steps to reduce energy use—? and to think green when they buy a new home.

Alabama Governor Highlights Expansive Partnership as State Council Releases New Data-Driven Report

MONTGOMERY, AL "Preventing and ending homelessness in Alabama will be impossible without collaboration by government agencies, the private sector, nonprofit organizations, and faith-based and community partners," stated Alabama Governor Bob Riley, who this week welcomed United States Interagency Council on Homelessness Executive Director Philip Mangano for the convening of the Alabama Governor's Statewide Interagency Council on Homelessness.

Tips for Speeding Up the Sale of Your Home

Trying to sell a house during the winter months can be difficult, but there are several things you can do to improve its marketability. By expending a bit of effort before it goes on the market, you can ensure that your home presents well, stands out from the crowd and does not turn off potential buyers so that you can sell quickly, and at the best price.

Disaster Assistance Available for Lamar and Pickens Counties

MONTGOMERY—Governor Bob Riley said he is very pleased that the U.S. Small Business Administration will open a Disaster Loan Outreach Center in Vernon on Tuesday. Residents of Lamar and Pickens counties may be eligible for assistance resulting from the severe storms and tornadoes that passed through the area on January 10. These counties are eligible because they are contiguous to one or more of th e primary counties in a Mississippi Emergency Declaration

Tips for Hiring a Remodeler to Repair Storm Damage

In the aftermath of the recent storms that tore through central Alabama, home repair work is often necessary. Unfortunately, unscrupulous remodelers can take advantage of homeowners in need. There are several important factors to consider in hiring someone to perform repair or remodeling work on your home.Following are some tips for finding qualified, reputable remodelers:

Annual ‘Best Places to Live in Rural America’ Rankings Released

The Progressive Farmer magazine crowns Maryland's Kent County and nine other best rural places to live based on their ability to thrive-even during struggles-among other quality-of-life statistics.

Online Home Auction Leader Posts Record-Breaking 2007 Despite Year of Real Estate Decline

A growing acceptance of technology and the ability to sell properties quickly have made RealtyBid.com an innovator within the real estate industry

LFC to Auction Prime Bay Front Development Property in Gulf Shores, Alabama

NEWPORT BEACH, CA– LFC Online, an Internet real estate auction marketing firm and part of the LFC Group of Companies, has announced that it will auction over 22 acres of prime development property located on the Fort Morgan Peninsula, in Gulf Shores, Alabama.The 22.5-acre parcel of residential development land, just north of Highway 180, is zoned R1-FM/PUD and is a proposed 45-lot subdivision

Nordstrom to Open First Alabama Store at Riverchase Galleria in Birmingham

SEATTLE, Nov. 30 /PRNewswire-FirstCall/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN), a leading fashion specialty retailer, announced it has signed a letter of intent with General Growth Properties and Jim Wilson & Associates, LLC to open a new Nordstrom store at Riverchase Galleria in Birmingham.

Ferrari Capital Partners, LLC Makes Key Decision to Scale Back Proposed Real Estate Development...

MOBILE, Ala. (Business Wire EON) November 27, 2007 -- Ferrari Capital Partners (www.ferraricapitalpartners.com), a large scale real estate developer in the southeastern United States,...