Yearly Archives: 2010

Congressman Rubén Hinojosa Announces Over $6 Million in HUD Grants For Texas District 15...

Washington, DC - June 21, 2010 - (RealEstateRama) -- U.S. Rep. Rubén Hinojosa (TX-15) announced the U.S. Department of Housing and Urban Development has awarded a total of $6,429,105 to Public Housing Agencies in his Congressional Texas District 15.

Congressman Rubén Hinojosa Announces $128,385.00 Grant for 25 Homeless Veterans in Harlingen

Washington, D.C - June 21, 2010 - (RealEstateRama) -- U.S. Rep. Rubén Hinojosa (TX-15) announced the Harlingen Housing Authority will receive $128,385,000 from the U.S. Department of Housing and Urban Development-Veterans Affairs Supporting Housing (HUD-VASH) to provide rental assistance for homeless veterans living in Harlingen.

Brookings Institute Ranks El Paso Economy As 5th Best Among Top 100 Cities In...

Washington, DC - June 16, 2010 - (RealEstateRama) -- This recession has been particularly brutal on American cities. Nearly one in five Americans are...

CB RICHARD ELLIS HOTELS SELLS DAYS INN AIRPORT IN STRONG DFW AIRPORT MARKET –...

Irving, TX - June 16, 2010 - (RealEstateRama) -- The Days Inn & Suites DFW North, Irving Texas has been sold. Bert Stevens of CB Richard Ellis’ Hotels Group, announced that the sale of the 134-unit, rooms-and-suites hotel property occurred mid-May of this year. The Hotel, built in 1983, was marketed at a price of $4.3M, or approximately $32,000 per unit. Its proximity to Dallas/Fort Worth International Airport (DFW) as well as the multiple business and corporate demand generators in the area helped to generate interest on a national level from a large investor base. The new owners, Ambe Hotels, will retain the Days Inn & Suites flag and will spend over $750,000 in upgrades and renovations that will provide opportunities for an increased market share

June is National Homeownership Month: Lower Mortgage Interest Rate Now Available

Austin, TX - June 11, 2010 - (RealEstateRama) -- The Texas State Affordable Housing Corporation (TSAHC) honors National Homeownership Month by announcing a rate reduction for our First-time Homebuyer Programs which help families achieve their dream of homeownership

Statement from NLIHC President Sheila Crowley on HUD Approved Settlement reached between Advocates and...

June 7, 2010 - (RealEstateRama) -- The National Low Income Housing Coalition (NLIHC) joins Texas housing advocates in applauding the U.S. Department of Housing and Urban Development’s approval of a settlement between Texas advocates and the state of Texas that will assure that federal disaster recovery funds expended in Texas will protect and benefit people with low incomes, African Americans and Latinos as well as elder and disabled populations.

HUD Applauds Revised $1.7 Billion Texas Disaster Plan

WASHINGTON, DC - May 25, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today applauded a revised $1.7 billion disaster recovery plan by the State of Texas which proposes to dedicate more federal funding to higher need areas of East Texas and to devote more resources toward housing activities.

Congressman Al Green’s Housing Fairness Act Successfully Moves Forward in Congress

Washington, DC - May 28, 2010 - (RealEstateRama) -- Congressman Al Green’s (TX-09) “Veterans, Women, Families with Children, and Persons with Disabilities Housing Fairness Act of 2010” (H.R. 476) was unanimously voted out of the Subcommittee on Housing and Community Opportunity and forwarded to the Committee on Financial Services with a favorable recommendation.

Congressman Rubén Hinojosa Collaborates With Usda To Save The Section 502 Single Family Housing...

Washington, DC - May 26, 2010 - (RealEstateRama) -- U.S. Rep. Rubén Hinojosa (TX-15) was informed by the United States Department of Agriculture (USDA) that Secretary Tom Vilsack has authorized the issuance of Conditional Commitments for USDA’s Section 502 Single Family Housing Guaranteed Loan Program beginning immediately and continuing until $2.5 billion in loan limit is exhausted.

Hines’ MainPlace in Downtown Houston Tops Out

HOUSTON, TX - May 26, 2010 - (RealEstateRama) -- Hines, the international real estate firm, announced today the structural completion of the 46-story, 972,000-square-foot office tower, MainPlace, located at 811 Main Street in downtown Houston.

State housing agency releases first funds under $500 million of new bond authority for...

AUSTIN, TX - May 21, 2010 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) announced that beginning today the State will make available the first $50 million under an unprecedented $500 million in new mortgage revenue bond authority.

70% OF U.S. RETAILERS VIEW ECONOMY AS IMPROVING, SURVEY FINDS

Los Angeles, CA - May 19, 2010 - Nearly 70% of U.S. retailers believe that the overall economy is improving, and 92% are planning to increase store openings, according to a new survey released by CB Richard Ellis Group, Inc.(CBRE). The report, "Shop Talk - A Retailer's Perspective", also finds that despite an improving economy, nearly all the retail executives surveyed believe that retail rents will either fall or remain flat throughout the rest of 2010

CBRE RETAIL TRANSACTIONS

Houston, TX - May 18, 2010 - (RealEstateRama) -- Smile Design Studios has leased 1,750 square feet at Colony Lakes Shopping Center, which is located at 6130 Highway 6 South in Missouri City. Russell Janicek, Alex Makris and Jazz Hamilton of CB Richard Ellis represented the landlord, Colony Lakes Center, Ltd, in the transaction. Susan J. Rinyu of Susan J. Rinyu Interest represented the tenant.

State invests $500,000 to expand rental housing choices in Abilene for elderly persons with...

AUSTIN, TX - May 13, 2010 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced a funding award to private developers constructing a new affordable rental property in Abilene that will help bring stability to the lives of older persons with disabilities while providing a shot in the arm to the local economy.

State makes $500,000 commitment to increasing, maintaining homeownership in Texarkana

AUSTIN, TX - May 13, 2010 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) and State Senator Kevin Eltife today announced two awards totaling $500,000 to the City of Texarkana to help promote and maintain homeownership while providing a shot in the arm to the local economy.

State housing agency, area nonprofits partnering to provide rental assistance, foster self sufficiency

AUSTIN, TX - May 13, 2010 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced funding awards totaling $591,770 to two Lufkin-based organizations helping low income residents obtain decent housing while working toward financial and personal independence.

Mangum Custom Builders starts company specializing in modular homes in Texas

AUSTIN, TX - May 12, 2010 - (RealEstateRama) -- Austin-based Mangum Custom Builders has launched a sister company, Mangum Modular Homes Inc., which will help Texans easily and quickly establish their homesteads without sacrificing quality or style

Congressman Rubén Hinojosa Announces Grant Award For Affordable Housing in San Juan

Washington, D.C. - May 7, 2010 - (RealEstateRama) -- U.S. Rep. Rubén Hinojosa (TX-15) announced that part of a national grant for $10 Million was recently awarded to develop eleven units of affordable housing in San Juan, Texas.

TDHCA down payment program results in $111.3 million in mortgage loans, 854 new homeowners

AUSTIN, TX - May 6, 2010 - (RealEstateRama) -- As the month of April drew to a close, so too did the offer of an $8,000 federal first time homebuyer tax credit for qualified borrowers.

Family Business Seeks to Put Others in Their Perfect Family Home, Ranch or Vacation...

EUGENE, OR - May 7, 2010 - (RealEstateRama) -- Sherron Properties and IDX, Inc. have teamed up to update the real estate website of agent Christopher Sherron. This partnership will bring the Hill Country real estate market listings to the fingertips of every potential home buyer in Texas Hill County. The three MLS databases that Sherron is a member of: the San Antonio MLS (SABOR), the Kerrville MLS (KVMLS) and the Gillespie County MLS (GCMLS), bring thousands of listings to home seekers in the area. IDX Broker software integrates this MLS data right onto Sherron's professional website, making searching for a home online monumentally more convenient

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Benefits of Hiring an Accident Attorney

The Benefits of Hiring an Accident Attorney

Road accidents are more common that one might think. Did you know that according to Texas Department of Transportation, 1 crash occurs every 59 seconds in Texas? In the unfortunate situation of a road crash, your injuries are not the only thing you need to worry about.